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HomeMy WebLinkAbout08.a. (Handout)W. FY 2011 — 2012 OPERATIONS & MAINTENANCE SIX MONTH BUDGET REVIEW By Controller Debbie Ratcliff Central Contra Costa Sanitary District O &M REVENUE AND EXPENSES SIX MONTHS ENDED DECEMBER 31, 2011 �i (NandocF� 1 VARIANCE FAVORABLE <UNFAVORABLE> ACTUAL BUDGET AMOUNT °L4 TOTAL REVENUES $27,831,933 $27,728,232 $103,701 .4% TOTAL EXPENSES $33,520,030 $35.679.646 $2,159,616 6.1% REVENUE OVER ($5,688,097) ($7,951,414) $2,263,317 EXPENSE �i (NandocF� 1 SIX MONTH EXPENSE VARIANCES FAVORABLE VARIANCES: • Labor under budget due to vacancies from retirements and unfilled positions. $562,949 • Benefits under budget due to vacancies. $328,119 • Chemicals under budget due to delay in price increases, rebid of hypochlorite contract, and less polymer consumption. $255,883 • Utilities under budget due to lower electrical expense in treatment plant and favorable natural gas rates. $375,326 • Repairs and Maintenance under budget due to delay in repair Invoices and site expenses for the new CSO facility not yet incurred due to delay in moving. $400,543 • Outside Services under budget due to deferral of services to second half and delay in invoices. $247,078 • Other expense under budget due to expenses anticipated In the second half of year but budgeted evenly throughout the year. $354,000 SIX MONTH EXPENSE VARIANCES (Continued) UNFAVORABLE VARIANCE: • Professional and legal over budget due to higher expenses for labor negotiations, actuarial work by John Bartel, and NPDES Permit. ($60,400) 2 O &M REVENUES AND EXPENSES FULL FISCAL YEAR PROJECTIONS 2011 - 2012 VARIANCE FAVORABLE <UNFAVORABLE> PROJECTED BUDGET AMOUNT % ACTUAL — TOTAL $62,188,554 $62,198,705 REVENUES ($10,151) (.02) TOTAL $64,773,102 $66.540,660 $1,767.558 2.66 EXPENSES REVENUE OVER ($2,584,548) ($4,341,955) $1,757,407 EXPENSE PROJECTED FULL -YEAR EXPENSE VARIANCES FAVORABLE VARIANCES: • Labor under budget due to vacancies from retirements and unfilled positions. $962,000 • Benefits under budget due to vacant positions. $1,059,000 • Chemicals under budget due to mild weather and resulting lower use of chemicals in pumping stations, and a favorable re-bid of the hypochlorite contract. $225,000 • Utilities under budget due to favorable natural and landfill gas prices. $91,000 UNFAVORABLE VARIANCES: • Outside Services over budget due to continued usage of temporary personnel services for record retention in Administration and vacant positions at CSO. ($84,000) • Professional and legal over budget due to higher expenses for labor negotiations, actuarial work by John Bartel, and NPDES Permit. ($47,000) 3