2011

Thu, October 1, 2015 |

Water Utility
                 
2009   2010   2010   2011 11 Budget to Change
Description Actual   Budget   Actual   Budget 10 Actual Percent
Income                  
Assessments 0   0   0   0 0  0.0%
City of Bella Vista 40,053   40,140   42,109   40,140 (1,969) ( 4.7%)
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 6,902,186   7,609,510   7,179,225   7,600,822 421,597  5.9%
Sanitation Services 0   0   0   0 0  0.0%
Restricted Revenue 873   0   24,359   0 (24,359) ( 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 456,683   279,000   555,687   334,440 (221,247) ( 39.8%)
Total Income 7,399,795   7,928,650   7,801,380   7,975,402 174,022  2.2%
                 
Food and Beverage 0   0   0   0 0  0.0%
Water 1,773,441   2,027,738   1,799,345   2,135,127 335,782  18.7%
Pro Shop 0   0   0   0 0  0.0%
Printing 0   0   0   0 0  0.0%
Gun Range 0   0   0   0 0  0.0%
Total Cost of Goods 1,773,441   2,027,738   1,799,345   2,135,127 335,782  18.7%
                 
Gross Profit 5,626,354   5,900,912   6,002,035   5,840,275 (161,760) ( 2.7%)
                 
Expenses                  
Salary and Wages 760,703   851,594   843,849   881,118 37,269  4.4%
Employee Benefits 148,703   264,755   232,908   291,808 58,900  25.3%
Maintenance and Repairs 432,675   318,355   198,276   299,080 100,804  50.8%
Supplies 530,171   602,920   592,016   378,515 (213,501) ( 36.1%)
Outside Contracts 92,724   123,816   101,021   124,784 23,763  23.5%
Contract Sanitation Service 0   0   0   0 0  0.0%
Insurance 142,864   157,239   135,522   123,383 (12,139) ( 9.0%)
Utilities 68,175   73,029   69,196   76,244 7,048  10.2%
Memberships, Training and Travel 4,554   11,150   7,362   11,050 3,688  50.1%
Fuel and Oil 46,345   59,139   56,500   62,187 5,687  10.1%
Taxes and Permits 66,308   84,767   84,506   85,465 959  1.1%
Professional Services 49,034   37,600   34,396   36,000 1,604  4.7%
Membership Elections 0   0   0   0 0  0.0%
Postage 57,160   80,240   53,786   60,000 6,214  11.6%
Credit Card Fees & Interest Expense 90,785   334,820   43,482   368,460 324,978  747.4%
Other 785,311   868,162   762,671   839,600 76,929  10.1%
Total Operating Expenses 3,275,512   3,867,586   3,215,491   3,637,694 422,203  13.1%
                 
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 2,350,842   2,033,326   2,786,544   2,202,581 (583,963) ( 21.0%)
                 
Depreciation 1,005,330   1,473,744   939,969   1,385,310 445,341  47.4%
                 
Net Income / Cost of Operations 1,345,512   559,582   1,846,575   817,271 (1,029,304) ( 55.7%)
                 
Simple Cash Flow                  
Add: Depreciation 1,005,330   1,473,744   939,969   1,385,310 445,341  47.4%
Subtract: Capital Projects (333,498)   (3,448,900)   (1,603,810)   (500,530) 1,103,280 (68.79%)
Add: From Reserves 0   8,011,795   3,743,758   4,268,037 524,279 14.00%
Add: Funds for Carry Over Expenses 0   0   0   0 0 0.00%
Subtract: Carry Over Capital Projects (362,373)   (6,303,133)   (2,855,334)   (5,002,488) (2,147,154) 75.20%
Add: Reserves for Carry Over Capital 0   0   0   0 0 0.00%
Add: Financing 8,363,341   0   0   0 0 0.00%
Subtract: Debt Service (420,000)   (240,000)   (500,000)   (815,000) (315,000) 63.00%
                 
Simple Cash Flow 9,598,312   53,088   1,571,158   152,600 (1,418,558) (90.29%)