Finance Highlights 2008 0219 - Laserfiche WebLink

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'I- ~~ 1 City of San Leandro y``~Pa,~•f~~`,~ Quarterly Performance Report Ending December 31, 2007 Revenues • Water Pollution Control Plant revenues reflect a slight increase in residential sewer service and sewer connection fees. • The annual billing for Certified Unified Program Agency (CUPA) permits will occur during the third quarter 2008. • Shoreline Enterprise Fund reflects a slight decrease in anticipated Marina Berth Rentals. • Storm Water assessments will be recorded in January. ENTERPRISE FUND REVENUES (In Thousands) Positive/ YTD % of YTD 07-08 Budget Year End (Negative) Year End Actual (As Amended) Projection Variance Projection Enterprise Funds: Water Pollution Control Plant 8,250 11,355 11,435 80 72.1% Environmental Services 327 1,027 1,027 - 31.8% Shoreline Enterprise 1,094 2,539 2,539 - 43.1% Storm Water 3 1,055 1,055 - 0.3% Subtotal Enterprise Funds 9,674 15,976 16,056 80 60.3°/ Operating Transfers 320 320 320 - 100.0% Total Enterprise Funds 9,994 16,296 16,376 80 61.0°/ Expenditures • The Water Pollution Control Plant year-to-date expenditures of 18.7% primarily reflect timing and delay of budgeted CIP projects including $8.1 million for plant expansion and improvements. • Shoreline Enterprise Fund year-to-date expenditures of 39.6% primarily reflects the timing of debt service payments and the progression of CIP projects. Shoreline budget includes $1.5 million for channel and berth dredging maintenance, which is currently on hold. ENTERPRISE FUND EXPENDITURES (In Thousands) Positive/ YTD Amended Year End (Negative) YTD %o Actual Budget Projection Variance of Budget Enterprise Funds: Water Pollution Control Plant 4,448 23,798 23,575 223 18.7% Environmental Services 649 1,645 1,614 31 39.5% Shoreline Enterprise 1,257 4,304 4,329 (25) 29.2% Storm Water 612 1,136 1,128 8 53.9% Subtotal All Funds 6,966 30,883 30,646 237 22.6°/ Operating Transfers 201 201 201 - 100.0°!0 Total All Funds 7,167 31,084 30,847 237 23.1°/ 10