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10-28-2024 CC Agenda Packet
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10-28-2024 CC Agenda Packet
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10/25/2024 12:23:27 PM
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10/25/2024 11:44:51 AM
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Third Quarter Financial Report <br />October 28, 2024 <br /> <br />Page 2 of 2 <br /> <br />Enterprise Fund <br />The Enterprise Funds includes the following: Water, Sewer, Recycling, Golf Course, Cable, Stormwater. <br />Currently, Water Fund is at 79.1% of budget, Sewer is at 92% of budget, Recycling is at 74.3%, Golf <br />Course is at 91.4% of budget, Cable Fund is at 115% of budget, and Stormwater is at 65.5% of budget. <br />Enterprise Funds are financed and operated from the fees and charges designed to cover its cost, which <br />includes potential years of net loss or any future improvements needed to maintain and sustain the <br />systems. <br /> <br />Summary <br />In summary, both the revenue and expenditures of the General Fund is in good conditions and a positive <br />net income is anticipated. Revenue is anticipated to end the year at over budget while expenditures are <br />anticipated to end the year under budget. <br /> <br />201
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