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Quarterly Financial Report
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<br /> i I i}i} .,y1 `. ( \ Operating Budget
<br /> (�1. 1 . ` \` ! T\_ J�® First Quarter 2010/11FY
<br /> As of September 30, 2010
<br /> Sewer Operating Fund
<br /> The Sewer Operating Fund is at 19.0% of budgeted revenues and 11.7% of expenses.
<br /> Revenues from a portion of the first two months of the 20111-12FY are accrued back
<br /> into the prior fiscal year (2010-11FY) given the City bills utilities in arrears (19% vs.
<br /> 25%). Also, there is a lag between the time when revenues are received and when
<br /> payment is made to DSRSD for regional sewer treatment fees. Any changes to
<br /> revenues and/or expenditures will be made at the Midyear Budget Review in March
<br /> 2012.
<br /> Table 6. Sewer O.erating Fund
<br /> Sewer Operating Fund Budget YTD Actual
<br /> Revenues
<br /> Sewer Charges 11,087,211 2,118,886 19.1%
<br /> Other 83,051 1,089 1.3%
<br /> Total Revenue 11,170,262 2,119,975 19.0%
<br /> Oper& Maint Expenses
<br /> Personnel 1,228,421 212,301 17.3%
<br /> DSRSD/Livermore Payments 7,200,000 710,634 9.9%
<br /> Capital 5,000 0 0.0%
<br /> Other 1,274,816 208,592 16.4%
<br /> Total Expenses 9,708,237 1,131,527 11.7%
<br /> Golf Operating Fund
<br /> The Golf Operating Fund is at 28.9% of budgeted revenues and 28.9% of budgeted
<br /> expenses. The estimated golf rounds to be played in 2011-12FY is budgeted at 63,000
<br /> rounds. As of September 30, 2011 Callippe had recorded 17,957 rounds. There were
<br /> 58,559 rounds played during the 2010-11FY and approximately 19,000 rounds played
<br /> in the first quarter of 2010/11FY as compared to 17,957 rounds this year. Staff will be
<br /> looking at these projections more closely in the coming months and any changes to
<br /> revenues and/or expenditures will be made at the Midyear Budget Review in March
<br /> 2012.
<br /> Table 7. Golf Operating Fund
<br /> Golf Operating Fund Budget YTD Actual
<br /> Revenues
<br /> Green Fees 2,461,900 673,343 27.4%
<br /> Pro Shop 1,125,700 339,061 30.1%
<br /> Food and Beverage 717,900 229,824 32.0%
<br /> Other 2,000 3,476 173.8%
<br /> Total Revenue 4,307,500 1,245,704 28.9%
<br /> Oper& Maint Expenses
<br /> Personnel 1,513,890 417,975 27.6%
<br /> Other 2,202,920 651,751 29.6%
<br /> Total Expenses 3,716,810 1,069,726 28.8%
<br /> -- Good. Positive Indicator Caution. Unsettled Indicator a Problem. Negative Indicator
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