Laserfiche WebLink
SUBJECT: <br />2018 YEAR -IN -REVIEW <br />DATE: <br />JULY 16, 2019 <br />PAGE6OF7 <br />Storm Water Utility Fund <br />2018 Projections & 2018 Audited Actuals <br />2018 <br />Pro'ection Actual Variance <br />Beginning Working Capital 1,242,612 1,242,672 <br />Plus: Revenue <br />Less: Expenditures <br />Ending Working Capital <br />T51.050 869.188 118.138 <br />(1.646_660) (1.099.144) 546.606 [1] <br />348,072 1,012,716 664,644 <br />Adjustment for Carry Forward Amendment <br />Net Variance <br />(150.000) <br />514,644 <br />[1] Equates to a 42 0% Total "Turnback" <br />Equates to an 21 4% Operational 'Turnback" <br />Consolidated Utility Funcl <br />2018 Projections & 2018 Audited Actuals <br />2018 <br />Projection Actual Variance <br />Beginning Working Capital 25,204,013 25,204,014 <br />Plus: Revenue <br />Less: Expenditures <br />13.964.570 13.441.125 (523.446) <br />(22_917.130) (16.909.839) 6.00T_291 [1] <br />Ending Working Capital 16,251,453 21,735,299 5,483,846 <br />Adjustment for Carry Forward Amendment <br />Net Variance <br />(2.17T_560) <br />3,306,286 <br />[1] Equates to a 27.7% Total "Tumback" <br />Equates to an 18.8% Operational 'Turnback" <br />CITY COUNCIL COMMUNICATION <br />