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2.3. ERMUSR 09-08-2015
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2.3. ERMUSR 09-08-2015
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9/22/2015 11:51:51 AM
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City Government
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ERMUSR
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9/8/2015
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Water P&L <br /> July's water consumption(for June usage) is up 31%overall from the prior year: <br /> • Residential usage is up 29% <br /> • Commercial usage is up 32% <br /> Water Operating Revenues are ahead of last year by 33.5% at$252,920, and year-to-date <br /> revenues are ahead by 19%. <br /> Other Revenues are ahead of the prior year at$63,624, compared to $34,043, largely due <br /> to Connection Fees of$45,574. Total Revenues of$316,544 are up from the prior year <br /> by 42% and year-to-date up by 13%. Year-to-date revenues are ahead of budget by 26%. <br /> Expenses continue to be consistent with the prior year. Administrative and General <br /> Expenses are increased due to labor costs compared to the prior year as a result of adding <br /> staff and filling vacant positions, as mentioned above. Total Expenses were $209,007 <br /> compared to the prior year of$192,564. <br /> For July,the Water Depat lucent has a Net Profit of$107,538, compared to last year Net <br /> Profit of$30,848. Year-to-date there is a Net Loss of($193,813), compared to the prior <br /> year Net Loss of($308,053). <br /> 28 <br />
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