Complete Document - City of Auburn

City of AuburnSewer Revenue FundComparative Revenues, Expenditures and Changes in Fund BalancesActualFive YearBudgeted^(Unaudited)Actual (Audited)PercentFY 04 FY 03 FY02 FY01 FY00 ChangeRevenues:Charges for ServicesSewer fees from customers $ 4,650,000 $ 4,425,000 $ 4,841,030 $ 4,515,765 $ 4,960,076 -6.25%Sewer surcharges 3,000 3,000 - 7,340 3,102 -3.29%Other revenuesInterest 26,000 25,000 30,876 39,808 43,384 -40.07%Reimb. from outside agencies 75,600 73,500 71,250 - - n/aTotal revenues 4,754,600 4,526,500 4,943,156 4,562,913 5,006,562 -5.03%Other financing sources (OFS):Proceeds from Borrowing - 100,000 - - - n/aTransfers in from other funds - - 24,773 - - n/aCapital Contributions - - 788,275 504,310 - n/aTotal revenues and OFS 4,754,600 4,626,500 5,756,204 5,067,223 5,006,562 -5.03%Expenditures:SewerSewer Maintenance 767,811 1,086,532 683,791 1,029,278 942,784 -18.56%General Operations2,090,052 2,047,560 2,052,718 3,439,947 3,709,852 -43.66%Debt ServicePrinicipal 707,758 435,565 561,552 - - n/aInterest 1,272,115 1,173,156 1,128,119 142,525 8,338 15157%Total expenditures 4,837,736 4,742,813 4,426,180 4,611,750 4,660,974Other financing uses (OFU):Operating transfers to other funds 113,182 111,910 71,250 71,250 71,250 58.85%Loss on disposal of fixed assets - - - - 6,231 -100.00%Total expenditures and OFU 4,950,918 4,854,723 4,497,430 4,683,000 4,738,455 4.48%Excess of revenues and other sourcesover expenditures and other uses (196,318) (228,223) 1,258,774 384,223 268,107 -173.22%Fund equity, beginning of year 1,897,723 2,125,946 867,172 447,746 179,639 -956.41%Prior period adjustments - - - 27,494 - n/aResidual equity transfer in (out) - - - 7,709 - n/aFund equity, end of year $ 1,701,405 $ 1,897,723 $ 2,125,946 $ 867,172 $ 447,746 279.99%^ Beginning and ending fund balances for budgeted years have been updated from budget ordinance amounts to reflect actualunaudited ending fund balance at September 30, 2002.263