July 2020 - WW Enterprise Fund Income StmtAs of 8/13/2020
July 2020 YTD Budget
% of
Budget
% Year
Complete
Revenue 555,335.09 4,560,727.56 5,242,124.00 87.00% 75.00%
Gain on Sale of Fixed Assets 6,129.00 100,000.00 6.13%
Debt Proceeds ‐ 1,880,000.00 0.00%
555,335.09 4,566,856.56 7,222,124.00
Expenses
Salaries 126,994.89 945,769.71 1,174,217.00 80.54%
Benefits 22,454.27 178,175.48 215,985.00 82.49%
Transfer to Group Health 20,000.00 200,000.00 240,000.00 83.33%
Operating 98,995.01 1,080,483.93 1,508,847.00 71.61%
Capital Outlay ‐ 199,121.00 400,000.00 49.78%
COVID‐19 ‐ ‐ ‐ 100.00%
Debt 11,570.39 1,197,383.90 1,947,090.00 61.50%
Transfer to General Fund ‐ 100,000.00 0.00%
280,014.56 3,800,934.02 5,586,139.00 68.04% 83.33%
Net Income (Loss) from Operations 275,320.53 765,922.54 1,635,985.00
Capital Projects 10,802.60 314,295.80 4,155,000.00 7.56%
Plant Expansion Project Expense 154,927.52 ‐ 100.00%
Total Capital Projects 10,802.60 469,223.32 4,155,000.00 11.29%
Wastewater Bank Accounts:
Wastewater Operating Fund 1,395,503.11
Sewer Impact Fees Account 1,988,421.52
Wastewater Debt Reserve Fund 1,715,672.78
Wastewater Savings ‐ Plant Expansion 385,260.23
Total Wastewater Accounts 5,484,857.64
City of Prattville
Wastewater Enterprise Fund Income Statement