July 25, 2012 - Toho Water Authority
July 25, 2012 - Toho Water Authority
July 25, 2012 - Toho Water Authority
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FINANCIAL REPORT PRESENTATION - JUNE <strong>2012</strong><br />
FYTD Major Expense Variances to Prior Year<br />
(In thousands)<br />
Expense Item<br />
FY12<br />
Actual<br />
FY11<br />
Actual<br />
$<br />
Variance<br />
%<br />
Variance<br />
Auto Maintenance<br />
& Fuel<br />
4%<br />
Chemicals<br />
4%<br />
Personnel 12,573 11,459 1,114 9.7%<br />
Utilities 4,376 4,208 168 4.0%<br />
Professional Services 3,327 3,006 321 10.7%<br />
Contract<br />
Operations &<br />
Other<br />
10%<br />
Other Maintenance 3,050 2,484 566 22.8%<br />
Contract Operations &<br />
2,732 3,105 (373) (12.0%)<br />
Other<br />
Other<br />
Maintenance<br />
11%<br />
Personnel<br />
44%<br />
Chemicals 1,053 1,000 53 5.3%<br />
Auto Maintenance &<br />
1,039 944 95 10.1%<br />
Fuel<br />
Total 28,150 26,206 1,944 7.4%<br />
Professional<br />
Services<br />
12%<br />
Utilities<br />
15%<br />
Comprises 85% of Variance less PILOT<br />
Debt Service Coverage Ratio<br />
Combined Systems<br />
June <strong>2012</strong><br />
3.00<br />
2.50<br />
2.00<br />
2.<strong>25</strong><br />
2.08<br />
2.06<br />
1.00<br />
0.00<br />
FY11 Budget 12 FY12 W Pilot Fee<br />
Legal Requirement 1.15 – Required 1.5 to avoid fully funding debt service reserve<br />
FYTD Net Revenue Comparison<br />
26,000<br />
118.79% YTD Budget<br />
87.17%<br />
Thousands<br />
17,333<br />
8,667<br />
0<br />
YTD Budget YTD FY12 Budget<br />
18,544 22,028 <strong>25</strong>,269<br />
7
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