| WEAVERVILLE COMMUNITY SERVICES DISTRICT | ||||||||||||
| Operating Budget | Exhibit B | |||||||||||
| Fiscal Year July 1, 2007 to June 30, 2008 | Page 1 of 2 | |||||||||||
| Adopted | Proposed | |||||||||||
| Budget | Actual | Budget | ||||||||||
| 2006/07 | 2006/07 | 2007/08 | ||||||||||
| OPERATING REVENUES: | ||||||||||||
| Wates Sales - Schedule 1 | ||||||||||||
| Residential | $ 475,003 | $ 513,382 | $ 512,816 | |||||||||
| Commercial | $ 200,233 | $ 209,055 | $ 208,999 | |||||||||
| Industrial | $ 6,191 | $ 7,067 | $ 7,067 | |||||||||
| Public Institutions | $ 14,970 | $ 14,966 | $ 14,966 | |||||||||
| Other Fees | $ 1,000 | $ 1,000 | ||||||||||
| NON-OPERATING REVENUES: | $744,848.33 | |||||||||||
| Interest - LAIF | $ 38,250 | $ 19,991 | $ 20,000 | |||||||||
| Interest - Umpqua Money Market | $ 21,872 | $ 32,000 | ||||||||||
| Interest - DCAD Bond | $ 2,400 | $ 2,688 | $ 2,400 | |||||||||
| Property Taxes | $ 2,000 | $ 2,000 | ||||||||||
| Penalties on delinquent account receivable | $ 10,000 | $ 9,889 | $ 10,000 | |||||||||
| Other non-operating revenues | $ 20,000 | $ 32,959 | $ 30,000 | |||||||||
| Building rental income | $ 19,520 | $ 19,735 | $ 19,520 | |||||||||
| Capacity Charges | $ 46,882 | $ 33,412 | $ 32,000 | $ 147,920 | ||||||||
| TOTAL REVENUE | $ 836,449 | $ 885,016 | $ 892,768 | $892,768.33 | ||||||||
| OPERATING EXPENSES: | ||||||||||||
| Source of Supply: | ||||||||||||
| Supervision labor & expense | $ 990 | $ 1,650 | $ 1,076 | |||||||||
| Maintenance - structures & improvements | ||||||||||||
| Labor & expense | $ 4,205 | $ 4,660 | $ 3,771 | |||||||||
| Materials | $ 1,000 | $ 300 | $ 1,000 | |||||||||
| Other | $ 1,000 | $ 2,512 | $ 1,000 | |||||||||
| $ 7,195 | $ 9,122 | $ 6,847 | ||||||||||
| Pumping: | ||||||||||||
| Supervision labor & expense | $ 1,980 | $ 310 | $ 2,151 | |||||||||
| Maintenance - structures & improvements | ||||||||||||
| Labor & expense | $ 4,205 | $ 890 | $ 3,771 | |||||||||
| Materials | $ 1,000 | $ 147 | $ 1,000 | |||||||||
| Telephone | $ 829 | |||||||||||
| Other | $ 1,000 | $ 818 | $ 1,000 | |||||||||
| Purchased Power | $ 4,000 | $ 5,488 | $ 4,000 | |||||||||
| $ 12,185 | $ 8,482 | $ 11,922 | ||||||||||
| Water Treatment: | ||||||||||||
| Supervision labor & expense | $ 10,888 | $ 2,268 | $ 11,833 | |||||||||
| Maintenance - structures & improvements | ||||||||||||
| Labor & expense | $ 15,755 | $ 22,951 | $ 13,677 | |||||||||
| Water testing | $ 2,000 | $ 4,292 | $ 2,000 | |||||||||
| Chemicals | $ 10,000 | $ 6,651 | $ 10,000 | |||||||||
| Materials | $ 3,000 | $ 361 | $ 3,000 | |||||||||
| Telephone | $ 2,065 | |||||||||||
| Other (CCR) | $ 5,000 | $ 7,805 | $ 5,000 | |||||||||
| Purchased power | $ 8,000 | $ 7,107 | $ 8,000 | |||||||||
| $ 54,643 | $ 53,500 | $ 53,510 | ||||||||||
| Transmission and Distribution: | ||||||||||||
| Supervision labor & expense - Mains, etc. | $ 27,715 | $ 10,807 | $ 30,120 | |||||||||
| Supervision labor & expense - Tanks | $ 1,980 | $ 337 | $ 2,151 | |||||||||
| Maintenance - structures & Capitol improvements | ||||||||||||
| Labor & expense - Mains, etc. | $ 92,809 | $ 68,645 | $ 85,726 | |||||||||
| Labor & expense - Tanks | $ 4,205 | $ 1,244 | $ 3,771 | |||||||||
| Materials | $ 10,000 | $ 34,961 | $ 10,000 | |||||||||
| Purchased Power - Tanks/Reservoirs | $ 1,210 | |||||||||||
| Other | $ 5,000 | $ 14,534 | $ 5,000 | |||||||||
| $ 141,709 | $ 131,738 | $ 136,768 | ||||||||||
| WEAVERVILLE COMMUNITY SERVICES DISTRICT | ||||||||||||
| Operating Budget | Exhibit B | |||||||||||
| Fiscal Year July 1, 2006 to June 30, 2007 | Page 2 of 2 | |||||||||||
| Adopted | Proposed | |||||||||||
| Budget | Actual | Budget | ||||||||||
| 2006/07 | 2006/07 | 2007/08 | ||||||||||
| Customer Accounts: | ||||||||||||
| Supervision labor & expense | $ - | $ - | ||||||||||
| Meter reading labor & expense | $ 17,050 | $ 11,679 | $ 16,392 | |||||||||
| Office wages & expense | $ 11,522 | $ 17,774 | $ 25,632 | |||||||||
| Billing expenses | $ 5,500 | $ 5,289 | $ 5,500 | |||||||||
| Uncollectible accounts | $ 2,500 | $ 32 | $ 2,500 | |||||||||
| $ 36,572 | $ 34,774 | $ 50,024 | ||||||||||
| Administrative and General: | ||||||||||||
| Salaries | $ 124,220 | $ 162,346 | $ 149,342 | |||||||||
| Office Supplies | $ 3,000 | $ 1,652 | $ 3,000 | |||||||||
| Telephone | $ 4,000 | $ 4,001 | $ 4,000 | |||||||||
| Transportation & travel - general | $ 200 | $ 417 | $ 200 | |||||||||
| Books & subscriptions | $ 200 | $ 200 | ||||||||||
| Dues | $ 2,700 | $ 4,071 | $ 2,700 | |||||||||
| Postage, stationery & copies | $ 1,000 | $ - | $ 1,000 | |||||||||
| Legal & accounting | $ 10,000 | $ 7,000 | $ 10,000 | |||||||||
| Utilities | $ 3,500 | $ 4,018 | $ 3,500 | |||||||||
| Office equipment maintenance | $ 500 | $ 188 | $ 500 | |||||||||
| Property Insurance | $ 15,000 | $ 19,774 | $ 15,000 | |||||||||
| Retirees benefits | $ 10,047 | $ 20,062 | $ 14,580 | |||||||||
| Training & Continuing Education | $ 600 | $ 88 | $ 600 | |||||||||
| Rents & leases | $ - | $ - | $ - | |||||||||
| Maintenance - general plant | ||||||||||||
| Labor & expense | $ 1,589 | $ 1,975 | $ 1,461 | |||||||||
| Other expenses | $ 3,000 | $ 3,439 | $ 3,000 | |||||||||
| Trucks & backhoe | ||||||||||||
| Labor & expense | $ 1,589 | $ 672 | $ 1,461 | |||||||||
| Other expenses | $ 6,000 | $ 450 | $ 6,000 | |||||||||
| Seminars & meetings | $ 1,000 | $ 966 | $ 1,000 | |||||||||
| Dept Health Services fees | $ 7,000 | $ 3,153 | $ 7,000 | |||||||||
| Other | $ 2,000 | $ 6,291 | $ 2,000 | |||||||||
| $ 197,145 | $ 240,563 | $ 226,544 | ||||||||||
| TOTAL OPERATING EXPENSES | $ 449,449 | $ 478,179 | $ 485,615 | |||||||||
| NET OPERATING INCOME | $ 387,000 | $ 406,837 | $ 407,153 | |||||||||
| NON-OPERATING EXPENSES: | ||||||||||||
| Principal on revenue bonds | $ 25,000 | $ 25,000 | $ 25,000 | |||||||||
| Principal on SDWBL loan | $ 34,000 | $ 35,513 | $ 34,000 | |||||||||
| Principal on Rural Development loan | $ 33,000 | $ 36,000 | $ 33,000 | |||||||||
| Interest on revenue bonds | $ 26,500 | $ 24,000 | $ 24,000 | |||||||||
| Interest on SDWBL loan | $ 22,042 | $ 19,791 | $ 18,620 | |||||||||
| Interest on Rural Development loan | $ 111,500 | $ 108,360 | $ 108,360 | |||||||||
| Depreciation | $ 208,409 | $ 216,817 | $ 212,000 | |||||||||
| Other non-operating expenses | $ 2,200 | $ 892 | $ 2,200 | |||||||||
| Directors' fee | $ 6,000 | $ 6,000 | $ 6,000 | |||||||||
| Capital Improvement Items | $ 64,500 | $ 57,533 | $ 62,500 | |||||||||
| Building rental expenses | $ 4,000 | $ - | $ 4,000 | |||||||||
| Total Non-Operating Expenses | $ 537,151 | $ 529,906 | $ 529,680 | |||||||||
| TOTAL EXPENSES | $ 986,600 | $ 1,008,085 | $ 1,015,295 | |||||||||
| NET INCOME | $ (150,151) | $ (123,069) | $ (122,527) | |||||||||
| NET INCOME less depreciation | $ 58,258 | $ 93,748 | $ 89,473 | |||||||||