Sewer Fund Budget Statement

CITY OF OLEAN, NEW YORK
SEWER FUND BUDGET
FOR THE 2008-2009 AND 2009-2010 BUDGET YEARS

Increase /
        2008-2009 2009-2010 (Decrease)
REVENUES:      
       
  Departmental income  $   2,478,650  $   2,977,457  $      498,807
  Intergovernmental charges          200,000          204,000             4,000
  State aid             5,000             5,000                  -  
       
  TOTAL REVENUES       2,683,650       3,186,457         502,807
       
EXPENDITURES:      
       
  General government support          220,000          210,000          (10,000)
  Home and community services       1,838,628       1,954,600         115,972
  Employee benefits          386,320          444,650           58,330
  BAN - Interest           12,865           11,840            (1,025)
       
  TOTAL EXPENDITURES       2,457,813       2,621,090         163,277
       
EXCESS OF REVENUE OVER (UNDER)      
  EXPENDITURES          225,837          565,367         339,530
       
OTHER FINANCING USES      
  Operating transfers out         (218,438)         (555,232)        (336,794)
       
  TOTAL OTHER FINANCING USES         (218,438)         (555,232)        (336,794)
       
BUDGETED SURPLUS (DEFICIT)    $         7,399  $        10,135  $         2,736