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HomeMy WebLinkAbout13 Attachment 2 BPRa2 WaterTruckee Donner Public Utility District Attachment 2 2021 Actual to Budget Comparison Water Utility Preliminary - subject to annual audit Variance 2021 2021 to Budget Water Utility Annual Annual % of Favorable Budget Actual Budget (Unfavorable) Revenue Residential 12,094,808$13,277,861$110%1,183,053$ Commercial 1,661,919 1,676,218 101%14,299 Standby 119,582 106,680 89%(12,902) Misc Revenue 329,229 358,650 109%29,421 Total 14,205,538$15,419,410$109%1,213,872$ Operating Expenses Board of Directors 166,110$254,034$153%(87,924)$ General Management 798,223 692,166 87%106,058 Administrative Svcs.1,429,038 1,532,049 107%(103,011) Conservation 104,846 80,734 77%24,112 Operations 5,991,981 6,211,122 104%(219,140) IT/GIS 767,900 655,125 85%112,775 Interdepartmental Rent 536,536 536,532 100%4 Total 9,794,635$9,961,762$102%(167,127)$ Operating Revenue less Expenses 4,410,903$5,457,648$124%1,046,745$ Capital Expenditures Rates 1,738,954$2,665,419$153%(926,465)$ Capital Reserve --0%- Vehicle Reserve 270,000 -0%270,000 Facility Fees --0%- Total 2,008,954$2,665,419$133%(656,465)$ Investment Income 103,000$33,889$33%(69,111)$ Debt Service *(3,087,521)$(3,087,521)$100%-$ Transfers In (Out) *582,572$312,572$54%(270,000)$ Net Budget Activity - Water -$51,169$n/a 51,169$ * Actual amounts excludes the non-budgeted Debt Service early payoff of SRF DLAD Loan principal amount of $3.4m and related Transfers In of available DLAD funds for loan early payoff of $3.4m. Note: The above report is a Budget Report comparative, not an accounting/GAAP financial statement. The Budget Report excludes certain non-cash items (such as depreciation, investments market value unrealized gain/loss) and certain non-budgeted cash items (such as AB32 auction sales, connection fees). 2/19/2022 4:20 PM I:\Budget Reports\2021\2021-12 Operating Report Water 2nd Half