Laserfiche WebLink
Second Quarter Financial Report <br />July 18, 2024 <br />Enterprise Fund <br />The Enterprise Funds includes the following: Water, Sewer, Recycling, Golf Course, Cable, <br />Stormwater. It is projected that each fund will end the year with a net profit. Currently, Water <br />Fund is at 51 % of budget, Sewer is at 60.5% of budget, Recycling is at 50.3%, Golf Course is at <br />63.5% of budget, Cable Fund is at 87.7% of budget, and Stormwater is at 41.7% of budget. <br />Enterprise Funds are financed and operated from the fees and charges designed to cover its cost, <br />which includes potential years of net loss or any future improvements needed to maintain and <br />sustain the systems. <br />Summary <br />In summary, both the revenue and expenditures of the General Fund is in good conditions and a <br />positive net income is anticipated. Revenue is anticipated to end the year at over budget while <br />expenditures are anticipated to end the year under budget. <br />Page 2 of 2 <br />44 <br />