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City of Lino Lakes
<br />Sewer Fund Budet to Actual (Unaudited)
<br />For the Quarter Ended June 30, 2021
<br />Budget Actuals Prior Year Variance -
<br />Annual Thru Thru Thru Favorable
<br />Budget 06/30/2021 06/30/2021 06/30/2020 (Unfavorable)
<br />Revenues
<br />Sewer Hook Up Charge 29,000$ 14,500$ 34,097$ 12,610$ 21,487 (1)
<br />Interest On Investments 80,000 40,000 (10,805) - (10,805)
<br />Refunds and Reimbursements - - 15,276 -
<br />Sewer Sales 1,700,000 850,000 891,433 866,941 24,491 (2)
<br />Penalty 26,000 13,000 11,562 5,507 6,055
<br />Sale of Fixed Assets - - 13,750 - 13,750
<br /> Total Revenues 1,835,000 917,500 955,312 885,058 54,978
<br />Expenditures
<br />Personal Services 319,608 159,804 145,755 143,863 (1,892)
<br />Supplies 80,099 40,050 1,619 16,715 15,096
<br />Services & Charges 218,503 109,252 90,354 104,609 14,254
<br />Contractual Services 998,488 499,244 581,382 608,027 26,645 (3)
<br />Depreciation*500,000 250,000 - - -
<br />Capital Outlay 111,000 55,500 47,430 100,162 52,732 (4)
<br /> Total Expenditures 2,227,698 1,113,849 866,540 973,376 106,836
<br />Revenues Over
<br />(Under) Expenditures (392,698)$ (196,349)$ 88,771$ (88,318)$ 161,814$
<br />*Depreciation is factored out of contractual services. Depreciation is a non-cash expense calculated at year end.
<br />Item Explanation of items with variance greater than $20,000
<br />(1) Roughly 171 new customers YTD in 2021 compared to 63 in 2020.
<br />(2) Increase due to an increase in customers. New customers primarily from the Watermark residential development.
<br />(3) Decrease in Met Council Environmental Services (MCES) Sewer Charges in 2021. Annual decrease amounts to $46,903 or 5%.
<br />(4) Variance due to capital equipment purchased and capital projects in progress:
<br />2021 - 50% Utilities Vehicle, 50% Lawn Mower, Lift Station #4 Pump Rebuild
<br />2020 - 50% Utilities Vehicle, Trailer Mounted Jetter
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