On a monthly straight-line basis, costs and income would be at 41.7%. YTD Income is still a bit ahead, which is good as we’ve had our biggest billing months, already. In the November column you see, primarily, the impact of the rate change vs. last year, which is bringing in a bit more money for Operations. Staffing costs are high for this month and next as we cover the 2 months of severance for Erin and Patsy. This will drop almost $2000, in January. On a YTD basis Staff Costs are still OK, at 45% of annual budget.
Business Ops was on the high side in November with a few “lumpy” bills for Legal, Tax Return Prep, an odd Insurance payment and reloading the postage machine. Beyond that, very minimal costs for System Operations, Replacements and Improvements. In System Ops, monthly Electricity is running higher than last year, as expected, with Sandy Shores being used (pumped and filtered) more heavily.
For the year, we can still anticipate that Operations costs will run a bit higher than budgeted — so it will be a year where we stabilize our fund flow (after the use of funds for the Filtration Plant) but we won’t be rebuilding capital until next year, unless we sell some of our available shares. ;>)
Detail Reports from Quickbooks:
Contact me with any questions/comments: Todd, 206-696-1216, twcurrie@yahoo.com