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MILLCREEK TOWNSHIP WATER AUTHORITY
2009/2008 AUDIT
Click here to view or download the 2009 audit. (1-3 min. download time)
2011 OPERATING BUDGET
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2010 BUDGET
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2011 BUDGET
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REVENUES
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METERED SALES - CUSTOMERS
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$3,374,000
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$2,725,909
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UNMETERED SALES
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16,200
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20,000
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WATER SALES - FAIRVIEW
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488,000
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546,588
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WATER SALES - SUMMIT
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156,000
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115,000
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PRIVATE FIRE LINES
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50,400
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88,200
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DEVELOPER FEES
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6,000
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1,000
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SERVICE CONNECTION FEES
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37,500
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50,500
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NEW ASSESSMENTS
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234,000
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0
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INTEREST INCOME - ASSESSMENTS
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3,375
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3,409
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INTEREST INCOME - INVESTMENTS
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8,000
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7,500
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LIEN FEES
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600
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618
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MANAGEMENT FEE - FAIRVIEW (A)
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1,500
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1,500
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OTHER INCOME
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39,400
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50,000
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DEBT SERVICE - FAIRVIEW (SA)
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173,175
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171,663
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DEBT SERVICE - SUMMIT (SA)
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5,158
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5,135
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MILLCREEK MALL FEES
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0
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62,791
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TAPPING FEE INCOME
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12,000
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15,450
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TOTAL REVENUES
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$4,605,308
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$3,865,263
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EXPENSES
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2010 BUDGET
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2011 BUDGET
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OPERATING EXPENSES
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OPERATING SUPPLIES & EXPENSES
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25,100
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18,000
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CHEMICALS
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7,500
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6,500
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MAINTENANCE SUPPLIES
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600
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618
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VEHICLE FUEL & MAINTENANCE
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5,520
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5,000
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MINOR EQUIPMENT
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1,200
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500
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ENGINEERING SERVICES
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3,000
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3,090
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PURCHASED WATER E.C.W.A.
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2,160,056
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2,320,342
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UTILITIES
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118,000
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147,500
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CONTRACTED MAINTENANCE
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90,000
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120,000
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| S.T.W.A. OPERATING EXPENSES |
40,000
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41,200
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LAB EXPENSES
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12,000
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12,360
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| MILLCREEK MALL REPAIRS |
0
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11,000
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OTHER CHARGES & SERVICES
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2,100
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2,163
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DEPRECIATION - OPERATING
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459,000
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520,601
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$2,924,076
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$3,208,873
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ADMINISTRATIVE EXPENSES
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SALARIES & WAGES
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$391,233
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$255,721
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PAYROLL TAXES
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30,303
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22,000
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EMPLOYEE INSURANCE
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55,020
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35,000
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WORKERS COMP EXPENSE
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4,765
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1,500
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EMPLOYEE PENSIONS
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30,750
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30,000
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OFFICE SUPPLIES & EXPENSES
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12,300
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8,438
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POSTAGE
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17,300
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17,819
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LEGAL FEES & EXPENSES
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24,000
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24,720
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ACCOUNTING & AUDITING FEES
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18,000
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10,712
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TRUSTEE FEES
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7,700
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7,931
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DUES & SUBSCRIPTIONS
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4,135
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4,135
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SEMINARS & TRAINING
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2,640
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1,500
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TRAVEL & MILEAGE
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3,500
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1,500
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ADMINISTRATIVE EXPENSES
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21,780
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7,500
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COMMUNICATIONS
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4,080
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2,090
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RENT
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17,500
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17,289
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INSURANCES
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14,650
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15,090
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AMORTIZATION EXPENSE
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32,000
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18,750
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$691,656
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$481,695
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CAPITAL EXPENSES
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$415,000
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DEBT SERVICE
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$1,249,636
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280,000
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TOTAL EXPENDITURES
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$5,280,368
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$4,070,568
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NET INCOME/(LOSS)
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($675,060)
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($205,305)
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