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2.3. ERMUSR 04-14-2015
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2.3. ERMUSR 04-14-2015
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4/15/2015 4:03:44 PM
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City Government
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ERMUSR
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4/14/2015
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Water P&L <br /> February's water consumption is up 8% overall from the prior year: <br /> • Residential usage is up 3% <br /> • Commercial usage is up 19% <br /> Water Operating Revenues are again ahead of last year by 10% at$119,598, and year-to- <br /> date ahead by 11%. <br /> Other Revenue of$23,523 is down significantly from the prior year. Connection Fees are <br /> the driver here with$52,000 for a commercial water connection in 2014. Total Revenues <br /> of$143,121 are down from the prior year by 25%and year-to-date decreased 4%. <br /> Expenses are down from the prior year by 6%. Water Distribution Expense is down due <br /> to the timing of the water DNR permit paid in January this year versus February last year. <br /> Total Expenses were $198,743 compared to the prior year of$211,675. <br /> For February, the Water Department has a net loss (which is expected this time of year) <br /> of($55,955), and behind last year of($21,645). <br /> ICI <br /> 30 <br />
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