|
Bella Vista Village Property Owners Association
Water Department 68
For the Six Months Ending June 30, 2008
|
|
June 2008 |
June 2008 |
YTD |
YTD |
YTD |
|
PREVIOUS YR. |
|
DESCRIPTION |
ACTUAL |
BUDGET |
Actual |
Budget |
Variance |
Variance % |
ACTUAL |
|
|
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
|
|
City of Bella Vista |
|
4,105 |
|
24,630 |
(24,630) |
( 100.0%) |
|
|
Water |
621,653 |
651,915 |
3,188,945 |
3,324,131 |
(135,186) |
( 4.1%) |
3,556,053 |
|
Restricted Revenue |
350 |
300 |
2,423 |
1,800 |
623 |
34.6% |
4,485 |
|
Other |
23,049 |
59,250 |
245,556 |
299,400 |
(53,844) |
( 18.0%) |
383,469 |
|
Total Income |
645,052 |
715,570 |
3,436,924 |
3,649,961 |
(213,037) |
( 5.8%) |
3,944,008 |
|
|
|
|
|
|
|
|
|
|
Water |
155,124 |
180,521 |
850,274 |
916,752 |
(66,478) |
( 7.3%) |
852,966 |
|
Total Cost of Goods |
155,124 |
180,521 |
850,274 |
916,752 |
(66,478) |
( 7.3%) |
852,966 |
|
|
|
|
|
|
|
|
|
|
Gross Profit |
489,928 |
535,049 |
2,586,651 |
2,733,209 |
(146,558) |
( 5.4%) |
3,091,041 |
|
|
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
|
|
Salary and Wages |
66,076 |
65,643 |
418,604 |
426,480 |
(7,876) |
( 1.8%) |
387,221 |
|
Employee Benefits |
16,553 |
21,561 |
117,919 |
142,671 |
(24,752) |
( 17.3%) |
90,795 |
|
Maintenance and Repairs |
16,354 |
38,375 |
94,453 |
276,495 |
(182,042) |
( 65.8%) |
130,374 |
|
Supplies |
6,841 |
129,120 |
290,432 |
487,540 |
(197,108) |
( 40.4%) |
147,884 |
|
Outside Contracts |
7,786 |
9,403 |
48,876 |
71,667 |
(22,791) |
( 31.8%) |
43,621 |
|
Insurance |
5,814 |
11,933 |
72,797 |
71,598 |
1,199 |
1.7% |
87,185 |
|
Utilities |
5,904 |
8,775 |
43,507 |
44,900 |
(1,393) |
( 3.1%) |
39,407 |
|
Memberships, Training and Travel |
|
2,343 |
2,068 |
7,993 |
(5,925) |
( 74.1%) |
3,743 |
|
Fuel and Oil |
7,459 |
5,270 |
37,704 |
30,850 |
6,854 |
22.2% |
26,628 |
|
Taxes and Permits |
4,716 |
5,500 |
20,887 |
28,040 |
(7,153) |
( 25.5%) |
26,942 |
|
Professional Services |
1,505 |
3,250 |
15,244 |
17,600 |
(2,356) |
( 13.4%) |
12,266 |
|
Postage |
5,723 |
6,559 |
28,208 |
39,195 |
(10,987) |
( 28.0%) |
30,843 |
|
Interest Expense & Credit Card Fees |
6,325 |
15,875 |
47,588 |
93,950 |
(46,362) |
( 49.3%) |
52,617 |
|
Other |
71,298 |
72,006 |
422,955 |
431,036 |
(8,081) |
( 1.9%) |
376,210 |
|
Total Operatiing Expenses |
222,355 |
395,613 |
1,661,242 |
2,170,015 |
(508,773) |
( 23.4%) |
1,455,733 |
|
|
|
|
|
|
|
|
|
|
Pre-Depreciation Gross |
267,573 |
139,436 |
925,409 |
563,194 |
362,215 |
64.3% |
1,635,308 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
51,260 |
75,202 |
310,066 |
439,942 |
(129,876) |
( 29.5%) |
276,023 |
|
|
|
|
|
|
|
|
|
|
Net Income / Cost of Operations |
216,313 |
64,234 |
615,343 |
123,252 |
492,091 |
399.3% |
1,359,285 |
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