February 2024 - Wastewater Enterprise Fund Income StatementAs of 3/14/2024
February 2024 YTD Budget
% of
Budget
% Year
Complete
Revenue 863,565.25 2,878,179.71 7,004,000.00 41.09%33.33%
Transfer from General Fund - - - 0.00%
Debt Proceeds (includes Principal Forgiveness) - - - 0.00%
Total Revenue 863,565.25 2,878,179.71 7,004,000.00
Expenses
Salaries 96,667.03 618,505.15 1,502,776.00 41.16%
Benefits 18,026.51 129,359.35 319,329.00 40.51%
Transfer to Group Health 21,000.00 105,000.00 252,000.00 41.67%
Operating 177,106.99 912,664.97 2,177,401.00 41.92%
Capital Outlay - 233,162.20 1,010,000.00 23.09%
Transfer to Capital Projects Fund - - 230,000.00 0.00%
Total Expenses 312,800.53 1,998,691.67 5,491,506.00 36.40%41.67%
Net Income (Loss) from Operations 550,764.72 879,488.04 1,512,494.00
Debt Service - 1,483,356.75 1,946,671.00 76.20%
Capital Projects 213,136.50 1,842,804.79 5,550,000.00 33.20%
Total Capital Projects 213,136.50 3,326,161.54 7,496,671.00 44.37%
Wastewater Bank Accounts
Wastewater Operating Fund 774,516.82
Sewer Impact Fees Account 3,234,162.01
Wastewater Debt Reserve Fund 1,754,827.04
Wastewater Savings 28.37
Total Wastewater Accounts 5,763,534.24$
City of Prattville
Wastewater Enterprise Fund Income Statement