2010

Thu, October 1, 2015 |

Water Utility
2010
           
2008 2009 2009 2010 10 Budget to Change
Description Actual Budget Projection Budget 09 Proj Percent
Income            
Assessments 0 0 0 0 0 0.0%
City of Bella Vista 20,030 40,020 40,041 40,140 100 0.2%
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 6,577,728 8,057,244 7,129,161 7,609,510 480,349 6.7%
Sanitation Services 0 0 0 0 0 0.0%
Restricted Revenue 4,112 2,700 1,511 0 (1,511) -100.0%
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 545,888 508,750 514,567 279,000 (235,567) -45.8%
Total Income 7,147,758 8,608,714 7,685,279 7,928,650 243,371 2.8%
           
Food and Beverage   0 0 0 0 0.0%
Water 1,863,836 2,052,702 1,818,634 2,027,738 209,104 11.5%
Pro Shop   0 0 0 0 0.0%
Foreclosed Lots   0 0 0 0 0.0%
Other Recreation   0 0 0 0 0.0%
Print Shop   0 0 0 0 0.0%
Total Cost of Goods 1,863,836 2,052,702 1,818,634 2,027,738 209,104 10.2%
           
Gross Profit 5,283,922 6,556,012 5,866,646 5,900,912 34,266 0.5%
           
Expenses            
Salary and Wages 837,411 779,718 761,661 851,594 89,933 11.8%
Employee Benefits 202,357 269,587 169,893 264,755 94,862 55.8%
Maintenance and Repairs 334,841 474,520 326,990 316,095 (10,895) -3.3%
Supplies 652,891 442,500 593,508 594,430 922 0.2%
Outside Contracts 100,003 129,894 116,823 123,290 6,467 5.5%
Contract Sanitation Service 0 0 0 0 0 0.0%
Insurance – Liability and Casualty 152,704 153,197 145,488 157,239 11,751 8.1%
Utilities 79,531 90,830 75,063 72,570 (2,493) -3.3%
Memberships, Training and Travel 8,284 9,700 7,546 11,150 3,604 47.8%
Fuel and Oil 76,629 72,487 50,172 59,079 8,907 17.8%
Taxes and Permits 49,834 51,912 61,224 84,767 23,543 38.5%
Professional Services 24,800 37,600 35,651 37,600 1,949 5.5%
Membership Elections 0 0 0 0 0 0.0%
Postage 60,581 79,209 63,268 80,240 16,972 26.8%
Bank Charges & Interest 86,023 189,200 99,624 334,820 235,196 236.1%
Other 731,914 910,484 885,306 868,162 (17,144) -1.9%
Total Operating Expenses 3,397,803 3,690,838 3,392,216 3,855,791 463,575 12.6%
           
Pre-Depreciation Gross 1,886,119 2,865,174 2,474,430 2,045,121 (429,309) -15.0%
           
Depreciation 871,251 1,016,525 979,920 1,473,744 493,824 50.4%
           
Accounting Change – Vacation & Sick Accurals (30,158)       0 0.0%
           
           
Income before Extraordinary 1,045,026 1,848,649 1,494,510 571,377 (923,133) -61.8%
           
Net Income / Cost of Operations 1,045,026 1,848,649 1,494,510 571,377 (923,133) -49.9%
           
Simple Cash Flow            
Add: Depreciation 871,251 1,016,525 979,920 1,473,744 493,824 50.4%
Add: Assets Transferred to City of BV 0 0 0 0 0 0.0%
Subtract: Capital Projects (539,714) (6,367,438) (2,506,338) (3,448,900) (942,562) 37.6%
Subtract: Appropriated for Unspecified   0 0 0 0 0.0%
Add: From Reserves   0 0 0 0 0.0%
Add: Funds for Carry Over Expenses 271,295 0 0 0 0 0.0%
Subtract: Carry Over Capital Projects (509,655) (743,450) (743,450) (6,086,248) (5,342,798) 718.6%
Add: Reserves for Carry Over Capital   0 0 0 0 0.0%
Add: Financing   4,370,903 950,000 8,000,000 7,050,000 742.1%
Subtract: Debt Service (115,000) (120,000) (120,000) (240,000) (120,000) 100.0%
Simple Cash Flow 1,023,203 5,189 54,642 269,973 215,331 394.1%