2.3. ERMUSR 07-14-2015 - Laserfiche WebLink

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are higher this month largely due to increased labor costs compared to the prior year. (This is a result of adding staff and filling vacant positions.) There were also timing differences related to CIP refunds, causing this expense to be lower this year. Total expenses were $2,059,196,under the previous year for May by 1.8%and under year-to-date numbers by 8.1%. Absent the PCAs, total expenses were over the prior year by 2% and under year-to-date numbers by 7.5%. The Electric Department has a Net Profit of$224,008, compared to the prior year Net Profit of$300,458 (without the PCA charge it was a net profit of$170,327). Year-to-date there is a Net Profit of$750,230, compared to the prior year Net Loss of($39,836). Water P&L May's water consumption(for April usage) is up 24%overall from the prior year: • Residential usage is up 27% • Commercial usage is up 22% Water Operating Revenues are ahead of last year by 21% at$125,801, and year-to-date revenues are ahead by 11%. Other Revenues are consistent with the prior year at$30,274. Total Revenues of $156,075 are up from the prior year by 16%and year-to-date increased only slightly by 1.5%. Year-to-date revenues are ahead of budget by 22%. Expenses are relatively consistent with the prior year. Pumping Expense is decreased due to lower utilities expense for electric and water at the wells. Administrative and General Expenses are higher this month largely due to increased labor costs compared to the prior year. (This is a result of adding staff and filling vacant positions.) Total Expenses were $208,441 compared to the prior year of$215,815. For April,the Water Department has a Net Loss (which is expected this time of year) of ($53,422), compared to last year of($81,527). Year-to-date there is a Net Loss of ($316,713), compared to the prior year Net Loss of($316,281). 29