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Revenues
<br />Sewer Hook Up Charge
<br />Interest On Investments
<br />Sewer Sales
<br />Penalty
<br />Total Revenues
<br />Expenditures
<br />Personal Services
<br />Supplies
<br />Services & Charges
<br />Contractual Services
<br />Depreciation
<br />Capital Outlay
<br />Total Expenditures
<br />Revenues Over
<br />(Under) Expenditures
<br />City of Lino Lakes
<br />Sewer Fund Budget to Actual (Unaudited)
<br />For the Quarter Ended March 31, 2022
<br />Budget
<br />Actuals
<br />Prior Year
<br />Variance -
<br />Annual
<br />Thru
<br />Thru
<br />Thru
<br />Favorable
<br />Budget
<br />03/31/2022
<br />03/31/2022
<br />03/31/2021
<br />(Unfavorable)
<br />$ 33,000
<br />$ 8,250
<br />$ 5,400
<br />$ 13,400
<br />(8,000)
<br />80,000
<br />20,000
<br />(232,865)
<br />(20,887)
<br />(211,977) (1)
<br />1,762,586
<br />440,647
<br />463,170
<br />445,970
<br />17,200
<br />26,000
<br />6,500
<br />3,560
<br />5,312
<br />(1,751)
<br />1,901,586
<br />475,397
<br />239,266
<br />443,794
<br />(204,528)
<br />400,372
<br />100,093
<br />60,000
<br />15,000
<br />301,997
<br />75,499
<br />1,094,501
<br />273,625
<br />574,323
<br />143,581
<br />115,015
<br />28,754
<br />2,546,208
<br />636,552
<br />70,802
<br />67,199
<br />(3,603)
<br />16,633
<br />584
<br />(16,049)
<br />46,226
<br />31,623
<br />(14,604)
<br />363,025
<br />330,935
<br />(32,091) (2)
<br />33,169
<br />-
<br />(33,169) (3)
<br />529,856
<br />430,341
<br />(99,516)
<br />$ (644,622) $ (161,156) $ (290,590) $ 13,454 $ (304,044)
<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) Due to rising interest rates unrealized losses on investments are greater than interest earnings.
<br />(2) Met Council Environmental Services Sewer Charges increased 10% in 2022. The increase was budgeted.
<br />(3) Variance from prior year due to timing of capital purchases. Utilities vehicle (50% charged to Water) was purchased in
<br />February.
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