Water Division 2009

Bella Vista Village Property Owners Association
Water Dept 68
For the Twelve Months Ending December 31, 2009
After Audit Numbers
December 2009 December 2009 YTD YTD YTD PREVIOUS YR.
DESCRIPTION ACTUAL BUDGET Actual Budget Variance Variance % ACTUAL
Income
City of Bella Vista 3,334 3,335 40,053 40,020 33  0.1% 20,030
Water 498,897 605,794 6,902,186 8,057,244 (1,155,058) ( 14.3%) 6,577,728
Restricted Revenue 0 225 873 2,700 (1,827) ( 67.7%) 4,112
Other 46,756 44,770 456,683 508,750 (52,067) ( 10.2%) 545,889
Total Income 548,987 654,124 7,399,796 8,608,714 (1,208,918) ( 14.0%) 7,147,758
Water 141,571 152,133 1,773,441 2,052,702 (279,261) ( 13.6%) 1,863,837
Total Cost of Goods 141,571 152,133 1,773,441 2,052,702 (279,261) ( 13.6%) 1,863,837
Gross Profit 407,417 501,991 5,626,355 6,556,012 (929,657) ( 14.2%) 5,283,922
Expenses
Salary and Wages 61,641 60,018 760,703 779,718 (19,015) ( 2.4%) 837,411
Employee Benefits 2,694 21,027 148,703 269,587 (120,884) ( 44.8%) 202,357
Maintenance and Repairs 23,720 23,475 432,675 474,520 (41,845) ( 8.8%) 334,841
Supplies 25,625 34,775 530,171 442,500 87,671  19.8% 652,891
Outside Contracts 13,502 10,714 92,724 129,894 (37,170) ( 28.6%) 100,003
Insurance 10,800 11,676 142,864 153,197 (10,334) ( 6.7%) 152,704
Utilities 6,565 7,379 68,175 90,830 (22,655) ( 24.9%) 79,531
Memberships, Training and Travel 39 200 4,554 9,700 (5,146) ( 53.0%) 8,284
Fuel and Oil 4,707 5,435 46,345 72,487 (26,142) ( 36.1%) 76,629
Taxes and Permits 6,201 3,896 66,308 51,912 14,396  27.7% 49,834
Professional Services 8,234 3,600 49,034 37,600 11,434  30.4% 24,800
Postage 4,545 6,630 57,160 79,209 (22,049) ( 27.8%) 60,581
Credit Card Fees & Interest Expense 27,069 15,875 90,785 189,200 (98,415) ( 52.0%) 86,023
Other (2,187) 76,041 785,313 910,484 (125,171) ( 13.7%) 731,915
Total Operating Expenses 193,154 280,741 3,275,514 3,690,838 (415,324) ( 11.3%) 3,397,803
Pre Depreciation Gross 214,263 221,250 2,350,842 2,865,174 (514,332) ( 18.0%) 1,886,119
Depreciation 121,505 84,715 1,005,330 1,016,525 (11,195) ( 1.1%) 871,251
Net Income / Cost of Operations 92,758 136,535 1,345,512 1,848,649 (503,137) ( 27.2%) 1,014,867