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Revenues
<br />Sewer Hook Up Charge
<br />Interest On Investments
<br />Change in FV of Investments
<br />Sewer Sales
<br />Penalty
<br />Total Revenues
<br />Expenditures
<br />Personal Services
<br />Supplies
<br />Services & Charges
<br />Contractual Services
<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, 2024
<br />Budget
<br />Actuals
<br />Prior Year
<br />Variance -
<br />Annual
<br />Thru
<br />Thru
<br />Thru
<br />Favorable
<br />Budget
<br />03/31/2025
<br />03/31/2025
<br />03/31/2024
<br />(Unfavorable)
<br />$ 33,000
<br />$ 8,250
<br />$ 10,200
<br />$ 5,820
<br />$ 4,380
<br />70,000
<br />17,500
<br />58,436
<br />53,398
<br />5,039
<br />-
<br />-
<br />71,262
<br />10,734
<br />60,527 (A)
<br />2,071,925
<br />517,981
<br />542,503
<br />519,386
<br />23,117 (13)
<br />35,000
<br />8,750
<br />-
<br />8,581
<br />(8,581)
<br />2,209,925
<br />552,481
<br />682,400
<br />597,919
<br />84,481
<br />450,592
<br />112,648
<br />106,765
<br />95,096
<br />(11,669)
<br />91,200
<br />22,800
<br />1,692
<br />18,383
<br />16,691
<br />355,405
<br />88,851
<br />55,275
<br />83,030
<br />27,756 (C)
<br />2,127,555
<br />531,889
<br />449,690
<br />438,461
<br />(11,229)
<br />821,000
<br />205,250
<br />-
<br />-
<br />-
<br />3,845,752
<br />961,438
<br />613,422
<br />634,971
<br />21,549
<br />$ (1,635,827)
<br />$ (408,957)
<br />$ 68,979
<br />$ (37,052)
<br />$ 106,030
<br />Item Explanation of items with variance greater than $20,000
<br />(A) Interest rates and unrealized gains are favorable and surpassing budget expectations and Q 1 2024 performance.
<br />(B) Increase in sewer rates combined with an increase in accounts. There were 6,282 accounts in Q1 2025 compared
<br />to 5,802 accounts in Q1 2024.
<br />(C) Additional $40K in professional services in Q1 2024 for lift station maintenance activities, no similar activity in Q1 2025.
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