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<br />11/28/2005
<br />Water and Wastewater Fund
<br /> Variance Variance
<br /> 2004 2005 Budget vs. 2006 Budget vs.
<br /> Actual Budget Projected Projected $ Budget Budget
<br />Beainnina Cash Balance, January 1 $ 7,383,582 $ 7,707,005 $ 7,707,005 $ 6,885,323
<br />Revenues
<br />Charges for Services 4,478,611 4,507,918 4,805,011 297,093 4,612,969 102%
<br />Miscellaneous 267,763 204,000 283,397 79,397 289,065 142%
<br />Total Revenues 4,746,374 4,711,918 5,088,408 376,490 4,902,034 104%
<br />Expenditures
<br />Cost of sales and services 3,825,824 3,521,701 3,408,574 (113,127) 3,617,313 103%
<br />Debt Service 1,701,146 1,649,641 1,649,641 1,649,251 100%
<br />Capital 4,541,413 2,427,584 1,793,544 (634,040) 1,676,834 69%
<br />Total Expenditures 10,068,383 7,598,926 6,851,759 (747,167) 6,943,398 91%
<br />Excess (Deficiency) of
<br />Revenues over Expenditures (5,322,009) (2,887,008) (1,763,351 ) 1,123,657 (2,041,364 )
<br />Transfers In 4,905 50,000 (50,000)
<br />Transfers Out (64,000) (64,000) (64,000) (64,000)
<br />Capital Contributions - tap fees and other 253,904 700,000 1,005,669 305,669 750,000
<br />CWRPDA Loan Proceeds 6,017,486
<br />Net change in balance sheet accounts 219,690
<br />1t Increase ( Decrease) in Cash Balance 1,109,976 (2,201,008) (821,682) 1,379,326 (1,355,364)
<br />Endina Cash Balance, December 31 8,493,558 5,505,997 6,885,323 1,379,326 5,529,960
<br />Reserve - Water Rights
<br />Reserve - Windy Gap Debt (126,663) (124,530) (124,530) (124,530)
<br />Reserve - Current Water O&M (659,890) (659,890) (659,890) (659,890)
<br />Unrestricted Cash Balance. December 31 $ 7,707,005 $ 4,721,577 $ 6,100,903 $ 1,379,326 $ 4,745,540
<br />Reserves recommended per Fiscal Policy $ 1,838,013 $1,838,013 $ 1,428,780
<br />Original Budget $ 7,487,150
<br />Supplemental $ 175,776
<br />Amended Budget $ 7,662,926
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