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THE CITY OF
<br /> Quarterly Financial Report
<br /> -'I II Operating Budget
<br /> P L E ASANTONa First Quarter of FY 2009 -10
<br /> As of Se tember 30 2009
<br /> Sewer Operating Fund
<br /> The Sewer Operating Fund is at 15.9% of budgeted revenues collected and 14.1% of
<br /> expenses. Revenues from the first two periods of the fiscal year are accrued back into
<br /> the prior fiscal year into the period when that revenue was earned. In addition, there is
<br /> a lag between the time revenue is received and the when payment is passed through to
<br /> DSRSD for regional treatment. Sewer rates are currently being reviewed and any
<br /> recommended adjustments will be presented to City Council this year.
<br /> Sewer Operating Fund Budget YTD Actual
<br /> Beg Fund Balance 3,480,179
<br /> Revenues 11,606, 726 1,845,630 15.9%
<br /> Operation Maintenance
<br /> Expense 11,117,407 1,571,813 14.1%
<br /> Net Income from
<br /> Operations 489,319 273,817
<br /> Net Transfer In (Out) to
<br /> CIP 903,246 432,054
<br /> Change in Fund balance 413,927 705,871
<br /> Ending Fund balance 3,066,252
<br /> Golf Operating Fund ;O•
<br /> The Golf Operating Fund is at 15.93% of budgeted revenues and 14.1 Golf rounds
<br /> for FY 2009 are budgeted at 65,000. As of September, 2008 Callippe had recorded
<br /> 20,412 rounds, which is 98.1% of the 20,800 budgeted for the first three months of the
<br /> fiscal year. There were 66,000 rounds played during 2008 -09. If rounds played remain
<br /> at 98.1% of the prior year, approximately 64,746 rounds will be recorded for this fiscal
<br /> year which will be very close to the 65,000 rounds assumed in the budget figures.
<br /> Golf Operating Fund Budget YTD Actual
<br /> Beg Fund Balance 1,843,922
<br /> Revenues 4,568,597 1,293, 891 28.3%
<br /> Operation Maintenance
<br /> Expense 3,923,668 1,062,515 27.1%
<br /> Net Income from
<br /> Operations 644,929 231,376
<br /> Transfer Out to Debt
<br /> Service 1,396,045 1,099,985
<br /> Change in Fund balance 751,116 868,609
<br /> Ending Fund balance 1,092,806
<br /> Good. Positive Indicator SP Caution. Unsettled Indicator Problem. Negative Indicator
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