2009

Thu, October 1, 2015 |

         


Water Utility
 Prepared April 30, 2009
           
2007 2008 2008 2009 09 Budget to Change
Description Actual Budget Actual Budget 08 Actual Percent
           
Income            
Assessments 0 0 0 0 0  0.0%
City of Bella Vista 0 49,259 20,030 40,020 19,991  99.8%
Food and Beverage 0 0 0 0 0  0.0%
Golf 0 0 0 0 0  0.0%
Pro Shop 0 0 0 0 0  0.0%
Other Recreation 0 0 0 0 0  0.0%
RV Park 0 0 0 0 0  0.0%
Facility Use Fees 0 0 0 0 0  0.0%
Boat 0 0 0 0 0  0.0%
Interest on Investments 0 0 0 0 0  0.0%
Water 7,228,331 7,177,485 6,577,728 8,057,244 1,479,516  22.5%
Sanitation Services 0 0 0 0 0  0.0%
Restricted Revenue 8,485 3,600 4,112 2,700 (1,412) ( 34.3%)
Stump Dump 0 0 0 0 0  0.0%
Lot Sales 0 0 0 0 0  0.0%
Transfer Fees 0 0 0 0 0  0.0%
Other 736,608 532,450 545,889 508,750 (37,139) ( 6.8%)
Total Income 7,973,424 7,762,794 7,147,758 8,608,714 1,460,956  20.4%
           
           
Food and Beverage 0 0 0 0 0  0.0%
Water 1,810,431 2,011,605 1,863,837 2,052,702 188,865  10.1%
Pro Shop 0 0 0 0 0  0.0%
Foreclosed Lots 0 0 0 0 0  0.0%
Other Recreation 0 0 0 0 0  0.0%
Total Cost of Goods 1,810,431 2,011,605 1,863,837 2,052,702 188,865  10.1%
           
Gross Profit 6,162,993 5,751,189 5,283,922 6,556,012 1,272,090  24.1%
           
Expenses            
Salary and Wages 758,252 852,945 837,411 779,718 (57,693) ( 6.9%)
Employee Benefits 194,603 275,525 202,357 269,587 67,230  33.2%
Maintenance and Repairs 295,717 474,520 334,841 474,520 139,679  41.7%
Supplies 166,167 711,652 652,891 442,500 (210,391) ( 32.2%)
Outside Contracts 108,817 129,662 100,003 129,894 29,891  29.9%
Contract Sanitation Service 0 0 0 0 0  0.0%
Insurance 177,019 143,196 152,704 153,197 493  0.3%
Utilities 75,817 93,800 79,531 90,830 11,299  14.2%
Memberships, Training and Travel 5,493 11,843 8,284 9,700 1,416  17.1%
Fuel and Oil 58,214 62,470 76,629 72,487 (4,142) ( 5.4%)
Taxes and Permits 50,923 51,960 49,834 51,912 2,078  4.2%
Professional Services 50,206 37,600 24,800 37,600 12,800  51.6%
Board Functions 0 0 0 0 0  0.0%
Postage 73,369 78,805 60,581 79,209 18,628  30.7%
Interest Expense & Credit Card Fees 102,703 189,200 86,023 189,200 103,177  119.9%
Other 756,506 862,403 731,915 910,484 178,569  24.4%
Total Operating Expenses 2,873,807 3,975,581 3,397,803 3,690,838 293,035  8.6%
           
Allocations – MAC 0 0 0 0 0  0.0%
Allocations – F & A 0 0 0 0 0  0.0%
Total Allocations 0 0 0 0 0  0.0%
           
Pre Depreciation Gross 3,289,186 1,775,608 1,886,119 2,865,174 979,055  51.9%
           
Depreciation 797,685 893,142 871,251 1,016,525 145,274  16.7%
           
Accounting Change – Vacation & Sick Accruals     (30,158)   30,158 ( 100.0%)
           
Income before Extraordinary 2,491,501 882,466 1,045,025 1,848,649 803,624  76.9%
           
ASSET TRANSFER TO CITY 0 0 0 0 0  0.0%
           
Net Income / Cost of Operations 2,491,501 882,466 1,045,025 1,848,649 803,624  76.9%
           
Simple Cash Flow            
Add: Depreciation 797,685 893,142 871,251 1,016,525 145,274 16.7%
Add: Assets Transferred to City of BV 0 0 0 0 0 0.0%
Subtract: Capital Projects (275,892) (1,226,830) (539,714) (6,367,438) (5,827,724) 1,079.8%
Subtract: Appropriated for Unspecified         0 0.0%
Add: From Reserves         0 0.0%
Add: Funds for Carry Over Expenses   271,295 271,295   (271,295) (100.0%)
Subtract: Carry Over Capital Projects (1,006,210) (796,551) (509,655) (743,450) (233,795) 45.9%
Add: Reserves for Carry Over Capital   0     0 0.0%
Add: Financing   500,000   4,370,903 4,370,903 0.0%
Subtract: Debt Service (115,000) (115,000) (115,000) (120,000) (5,000) 4.3%
        0 0.0%
Simple Cash Flow 1,892,084 408,522 1,023,203 5,189 (1,018,014) (99.5%)