Posts by the Treasurer and others of periodic financial information, such as monthly reports
No surprises in February. We are 67% through the Fiscal Year and Income and Staffing Costs are on target. Biz Ops was high in Feb due to Legal Fees for the RoW challenge and Dave’s professional training costs. We also loaded up our Postage account and made a necessary postage …
Very low Operations costs in January resulted in a very “profitable” month. (This is important as most of our upcoming months will be at a loss — so it’s nice to be a bit ahead.) Last January we booked a number of large expenses (Legal, Accounting, Insurance) which we have …
Comparing Dec ’20 to Dec ’19 you’ll see that Biz Ops is high — this is due to an additional insurance payment and legal fees (related to KingCo Right of Way) paid in December. Also, we topped up our postage machine with $500. Otherwise, costs were very consistent. You can …
You could expect costs and income to be at about 41%, at end of November. You can see below that we’re still slightly ahead on Income, from the summer, but that there’s been a big drop off from Income of $21,000 in October. As explained last month, we are ahead …
No surprises in October financials. You’ll note that “Business Operations” costs were low compared to 2019, but that’s just the timing of the big insurance premium that was paid in October, last year. We paid it in September, this year. Looking at YTD, and using 33% of budget (1/3 of …
In September we sold more water than last year. On a YTD basis, this puts Operation Income (base and usage from Active Shares) at 29% of year total, instead of 25% (3/12ths) of the year. This is good as we need to run ahead during the early part of the …
August numbers are good, no surprises. In the summary, below, I’ve added a “Prior Year” column for comparison to the month’s actual. This provides some sense of whether there were any surprises. In the Operations Fund, what you’ll notice is that we booked more Income. This was a combination of …
Beginning of Fiscal Year 2021 (July 2020 thru June 2021) Here’s the financial summary for July 2020. July revenue was solid and, as expected during the summer, we had an operating profit ($4k). This year, we are transferring $2500/month to System Replacement fund (annual total of $30k instead of historic …
End of Fiscal Year 2020 (July 2019 thru June 2020) Here’s the financial summary for June, 2020. This report shows the Beginning and Ending Balances of our four funds and the inflows and outflows from each fund. (This is closer to a “Cash Flow Statement” than a traditional “Income Statement”.) …
Here’s the financial summary for May, 2020. Overall, revenues are trending below our plan, but our operational expenses are also lower than plan. Billed water use in May was 186000cf vs a plan of 276000cf. That’s 30% less than expected. Was May that wet and cool? Or, COVID has kept …