March 2019 Water and Sewer FundOver
2019 March YTD (Under)%
Budget Actual Actual Budget Current
Revenue
Water Charges 5,081,725 465,936 712,059 (4,369,666)14.01%
Emergency Water Supply 183,080 20,255 31,387 (151,693)17.14%
Sewer Charges 3,910,000 493,939 776,962 (3,133,038)19.87%
Meter Sales 20,000 0 1,963 (18,037)9.82%
Penalties 130,000 15,289 33,763 (96,237)25.97%
Charges for Other Services 100,000 2,783 27,589 (72,411)27.59%
State Water Testing Fee Pass Through 46,000 7,193 11,582 (34,418)25.18%
Sale of Assets 10,000 0 0 (10,000)0.00%
Franchise Fees 1,500,000 0 0 (1,500,000)0.00%
Certificate of Compliance 75,000 4,100 15,800 (59,200)21.07%
Interest Earnings 25,000 0 0 (25,000)0.00%
Total Revenue 11,080,805 1,009,495 1,611,105 (9,469,700)14.54%
Expenses:
Utility Administration 3,260,675 203,513 321,586 (2,939,089)9.86%(1)
Sewer Maintenance 3,340,720 94,159 803,988 (2,536,732)24.07%
Water Maintenance 4,799,400 284,461 1,068,311 (3,731,089)22.26%
Total Expenses 11,400,795 582,133 2,193,885 (9,206,910)19.24%
(1) Depreciation is allocated at year-end.
Further information about projects and financing are located in the 2019-2023 CIP and 2019-2020 Budget.
City of Golden Valley
Monthly Budget Report - Water and Sewer Utility Enterprise Fund
March 2019 (unaudited)