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Sewer Utility Fund (Continued)
<br />Comment
<br />The Sewer Utility Fund revenues and expenditures are near expected levels . As with the Water fund,
<br />Charges for Service is within expected levels but lower than expected due to the decline in the amount of
<br />water consumed in the first quarter of 2017.
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<br />As of March 31st, the sewer fund has a positive cash balance of $125,715.
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<br />Stormwater Management Fund Summary
<br />The Stormwater Management Fund includes activities associated with the City’s storm sewer collection
<br />system. Its primary funding source are fees charged to storm sewer customers.
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<br />The following table depicts the 2017 financial activity for the Stormwater Management Fund for the fiscal
<br />period ending March 31st, 2017 (unaudited).
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<br />2017 2017 %%
<br />Budget Actual YTD Actual Expect Diff Amount
<br />Revenues
<br />Charges for Service 3,137,500$ 275,223$ 9%14%-5%(164,027)$
<br />Miscellaneous 1,500 555 37%0%37%555
<br />Total Revenues 3,139,000 275,778 9%14%-5%(163,472)$
<br />Expenditures
<br />Personnel 495,600 104,105 21%24%-3%(14,839)
<br />Materials 24,000 2,107 9%7%2%427
<br />Contractual Service 2,267,700 654,201 29%25%4%87,276
<br />Capital 102,500 0 0%0%0%-
<br />Total Expenditures 2,889,800 760,413 26%22%4%72,864
<br />Net Revenues Over/(Under)
<br />Expenditures 249,200 (484,636)
<br />2017 2017 %%
<br />Budget Actual YTD Actual Expect Diff Amount
<br />Revenues
<br />Charges for Service 844,600$ 80,606$ 10%9%1%4,592$
<br />Miscellaneous 5,000 0 0%0%0%0
<br />Transfer in - LGA 25,000 0 0%0%0%0
<br />Total Revenues 874,600 80,606 9%9%0%4,592
<br />Expenditures
<br />Personnel 181,400 30,793 17%21%-4%(7,301)
<br />Materials 16,400 0 0%5%-5%(820)
<br />Contractual Service 302,100 62,682 21%22%-1%(3,780)
<br />Capital 461,100 0 0%0%0%0
<br />Transfer for Internal Loan 70,000 0 0%0%0%0
<br />Transfer to Stormwater Districts 1,900 1,950 103%100%3%50
<br />Total Expenditures 1,032,900 95,426 9%8%1%(11,850)
<br />Net Revenues Over/(Under)
<br />Expenditures (158,300) (14,820)
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