Third quarter – Financial Report from David Svetlichny CA – CFO

Sewer utility revenue up $83 thousand compared with same period in 2012 – in part because of new connections at Canyon Desert villas.

Sewer expenses up $74, 500 compared with same period last year in part attributable to a  third utility operator hired  and four unexpected issues where problem areas needed attention.

Water  Utility revenue up $129, 600 due to rate increases and some rural parcels billed for water that had not paid in previous years.

Water utility expenses up by $78,200 due to canal maintenance costs, third operator and pump maintenance.

General Fund

Revenue is down – less building permits and less transfer payments from other governments.

Expenses are down because of adjustments made to the number of personnel on staff and less expenditures on studies.