HomeMy WebLinkAbout03.c. Six-month variance review of Operations and Maintenance Budget for FY 2014-15Central Contra Costa Sanitary District
Operations and Maintenance
Revenue & Expense Account Summary 3-c-
For the Six Months Ended December 31, 2014
Variance Variance %
Budget Actual Amount Fav /(Unfav) Comments for Variances > $100,000
O &M REVENUES:
Sewer Service Charge
38,635,996
38,727,919
91,923
0.2%
No significant variance.
City of Concord
0
0
0
0.0%
Other
1,377,782
1,563,132
185,350
13.5%
Permit and inspection fees higher due to improving economy.
Total Revenues
40,013,778
40,291,051
277,273
0.7%
O &M EXPENSES:
Salaries & Wages
14,308,902
13,657,157
651,745
4.6%
Salary expense lower due to vacant positions.
Employee Benefits
24,790,732
24,077,073
713,659
2.9%
Benefit expense is under budget due to vacant positions.
Capitalized Overhead
(1.903,446)
(1,330,866)
-- _.- .
30.1%
Less capital work than anticipated.
Chemicals
771,649
599,036
172,613
22.4%
Positive variance is due to intermittent shipments of chemicals and less usage of Polymer
for recycled water than was anticipated during budgeting process.
Utilities
2,147,041
1,712,359
434,682
20.2%
Lower due to delay in invoices. Electric expense is lower due to Cogen use being
optimized which reduces demand for outside electricity.
Repairs & Maintenance
2,498,240
1,529,352
968,888
38.8%
Many of the costly repairs and maintenance work such as paving and work on manholes
are done during the summer months as opposed to an evenly distributed budget.
Hauling & Disposal
505,362
237,035
268,327
53.1%
Lower than budget due to delay in invoices.
Professional & Legal
269,646
146,225
123,421
45.8%
Professional and Legal Services are both lower than anticipated thus far for the year.
Outside Services
1,608,396
1,104,565
503,831
31.3%
Lower expense so far as Technical Services expense is typically lower in the first half of the
fiscal year.
Materials & Supplies
1,011,966
807,843
204,123
20.2%
Lower than budget thus far in all the line items for this expense category. We anticipate the
positive variance to be lower by year -end.
Technical Training and Conference, Tuition and Professional Expense Reimbursement, and
Other Expenses
1,906,494
1,616,477
290,017
15.2% Public Informantion expenses are lower than budget. The budget is evenly distributed
versus actual expense occuring sporadically.
Total Expenses
47,914,982
44,156,256
3,758,726
7.8%
Net Revenue over Expense
(7,901,204)
(3,865,205)
(3,481,453)
N:\A000UNTING \GMTEMPI \6 -Month Budget Review \Copy of RevenueExpense Summary (Attachment A)