D-1
BOROUGH OF SOMERVILLE
SEWER UTILITY FUND
COMPARATIVE STATEMENTS OF OPERATIONS AND CHANGES
IN FUND BALANCE
REGULATORY BASIS
YEARS ENDED DECEMBER 31, 2021 AND 2020
| REVENUE AND OTHER INCOME REALIZED | REF. | 2021 | 2020 |
|---|---|---|---|
| Fund Balance | D-3 | $150,000.00 |
$137,000.00 |
| Sewer Use Charges | D-3 | 2,837,219.89 |
2,743,349.97 |
| Miscellaneous | D-3 | 146,262.27 |
934,399.92 |
| Miscellaneous Revenue Not Anticipated | D-3 | 59,630.25 |
|
| Other Credits to Income: | |||
| Unexpended Balance of Approp. Reserves | D-11 | 206,642.58 |
66,049.05 |
| Total Revenues | 3,399,754.99 |
3,880,798.94 |
|
| EXPENDITURES | |||
| Budget Appropriations: | |||
| Operating: | |||
| Salaries and Wages | D-4 | 240,000.00 |
200,000.00 |
| Other Expenses | D-4 | 2,580,000.00 |
2,771,000.00 |
| Capital Improvements | D-4 | 100,000.00 |
20,000.00 |
| Debt Service | D-4 | 69,452.50 |
9,000.00 |
| Statutory Expenditures and Deferred Charges | D-4 | 110,000.00 |
45,000.00 |
| Refunds of Prior Year Revenues | D-5 | 50.00 |
- |
| Total Expenditures | 3,099,502.50 |
3,045,000.00 |
|
| Excess in Revenues | 300,252.49 |
835,798.94 |
|
| FUND BALANCE | |||
| Balance - January 1 | D | 2,352,880.72 |
1,654,081.78 |
2,653,133.21 |
2,489,880.72 |
||
| Decreased by: | |||
| Utilization as Anticipated Revenue | D-3 | 150,000.00 |
137,000.00 |
| Balance - December 31 | D | $2,503,133.21 |
$2,352,880.72 |