2012

Thu, October 1, 2015 |

Water Consolidated
12/31/2011
           
2010 2011 2011 2012 12 Budget to Change
Actual Budget Actual Budget 11 Actual Percent
Income            
Assessments 0 0 0 0 0 0.0%
City of Bella Vista 42,109 40,140 42,281 42,480 199 0.5%
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 7,179,225 7,600,822 7,009,443 7,098,938 89,495 1.3%
Sanitation Services 0 0 0 0 0 0.0%
Restricted Revenue 24,359 0 20,043 0 (20,043) -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 555,687 334,440 488,629 459,756 (28,873) -5.9%
Total Income 7,801,381 7,975,402 7,560,396 7,601,174 40,778 0.5%
           
Food and Beverage 0 0 0 0 0 0.0%
Water 1,799,345 2,135,127 2,005,589 2,079,768 74,179 3.7%
Pro Shop 0 0 0 0 0 0.0%
Printing 0 0 0 0 0 0.0%
Foreclosed Lots 0 0 0 0 0 0.0%
Gun Range 0 0 0 0 0 0.0%
Total Cost of Goods 1,799,345 2,135,127 2,005,589 2,079,768 74,179 3.7%
           
Gross Profit 6,002,036 5,840,275 5,554,807 5,521,406 (33,401) -0.6%
           
Expenses            
Salary and Wages 843,849 881,118 870,916 900,836 29,920 3.4%
Employee Benefits 232,908 291,808 237,778 294,048 56,270 23.7%
Maintenance and Repairs 198,276 299,080 283,922 295,630 11,708 4.1%
Supplies 592,016 378,515 295,662 348,190 52,528 17.8%
Outside Contracts 101,021 124,784 111,147 143,664 32,517 29.3%
Contract Sanitation Service 0 0 0 0 0 0.0%
Insurance 135,522 123,383 120,434 135,862 15,428 12.8%
Utilities 69,196 76,244 81,483 89,770 8,287 10.2%
Memberships, Training and Travel 7,362 11,050 3,939 10,600 6,661 169.1%
Fuel and Oil 56,500 62,187 72,176 75,857 3,681 5.1%
Taxes and Permits 84,506 85,465 105,932 99,267 (6,665) -6.3%
Professional Services 34,396 36,000 3,956 0 (3,956) -100.0%
Membership Elections 0 0 0 0 0 0.0%
Postage 53,786 60,000 50,365 60,000 9,635 19.1%
Credit Card Fees & Interest Expense 43,482 368,460 54,244 194,250 140,006 258.1%
Other 762,671 839,600 709,665 5,674 (703,991) -99.2%
Total Operating Expenses 3,215,491 3,637,694 3,001,619 2,653,648 (347,971) -11.6%
           
Allocations – MAC 0 0 0 177,729 177,729 0.0%
Allocations – F & A 0 0 0 687,326 687,326 0.0%
Total Allocations 0 0 0 865,055 865,055 0.0%
           
Pre Depreciation Gross 2,786,545 2,202,581 2,553,188 2,002,702 (550,486) -21.6%
           
Depreciation 939,969 1,385,310 979,394 1,062,221 82,827 8.5%
           
Net Income / Cost of Operations 1,846,576 817,271 1,573,794 940,481 (633,313) -40.2%
           
Simple Cash Flow            
Add: Depreciation 939,969 1,385,310 979,394 1,062,221 82,827 8.5%
Subtract: Capital Projects (1,603,810) (500,530) (566,166) (1,114,020) (547,854) 96.8%
Add: From Reserves 3,743,758 4,268,037 3,637,140 900,472 (2,736,668) -75.2%
Add: Funds for Carry Over Expenses         0 0.0%
Subtract: Carry Over Capital Projects (2,855,334) (5,002,488) (3,396,023) (597,037) 2,798,986 -82.4%
Add: Reserves for Carry Over Capital         0 0.0%
Add: Financing         0 0.0%
Subtract: Debt Service (500,000) (815,000) (853,796) (320,004) 533,792 -62.5%
           
Simple Cash Flow 1,571,159 152,600 1,374,343 872,113 (502,230) -36.5%