No news is good news. Finances, through Q1, are progressing as planned. Actual vs Prior Year and Actual vs Budget reports, below. A few notes:
- Usage Charges (actual water billed) was down $5000 vs prior year (explains reduced Monthly Billings)
- We’ve increased transfer from Operations to System Replacements from $10k to $15k to support future capital projects
- Business Ops lower as we did not pay Insurance until October. Also, no longer paying licensing fee to CUSI for billing system
- In System Operations, “Treatment & Testing” was 9% higher than last year (can be a timing issue)
- Also, “Unscheduled Maintenance” has been high (unexpected leaks and repairs)
- Interest Income of $2014 nearly covers our Interest Expense of $2800.
Here are reports with more detail line items. For account level report or for any questions, please contact Todd Currie, twcurrie@yahoo.com