INCOME STATEMENT FOR MARCH 2004
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JOLLEY TROLLEY
INCOME STATEMENT
Month of: MARCH
r'. "_ \
2003-2004
REVENUE
PLAN
ACTUAL
VARIANCE
CITY GRANT 24,270 24,270 -0-
FARES 1 0,201 15,511 5,310
ADVERTISING 4,124 8,185 4,061
IN~EKESW INCOME 143 58 (85)
CHARTERS 7,132 4,836 (2,296)
OTHER INCOME 30 45 15
TOTAL REVENUE 45,900 52,905 7,005
EXPENSE
WAGES, DRIVERS 12,420 13,732 (1,312)
WAGES, CLERICAL 2,995 1,765 1.230
WAGES, VEHICLE MAINT. 2,644 2,589 55
SALARIES, ADMIN. 3,553 3,602 (49)
PAYROLL TAXES 1,804 2,356 (552)
WORKERS '. .COMP. 1,435 1 ,201 234
MAINT. PARTS & REPAIR 4,218 7,263 (3,045)
INSURANCE 6,000 6,000 -0-
FUEL 3,616 4,333 (717)
OFFICE EXPENSE 765 205 560
PERSONNEL COSTS 645 1,672 (1,027)
UTILITIES 279 401 (122 )
RENTALS 1,745 2,320 (575)
PROFESSIONAL FEES -0- -0- -0-
OTHER TAXES & FEES -0- -0- -0-
MISCELLANEOUS 312 285 27
TOTAL EXPENSE 42,431 47,724 5,293
NET CHANGE IN ASSETS 3,469 5,181 1,712
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EXPLANATION OF VARIANCES.
Month of
MARCH
2003-2004
"~. VARIANCE
FARES 5,310
ADVERTISING 4,061
CHARTERS (2,296)
WAGES, DRIVERS (1,312)
Ml\~NT.~. PARTS. (3,045)
FUEL (717)
PERSONNEL COSTS (1,027)
RENTALS (575)
EXPLANATION
Tourists? Visitors? Guests?
Who knows, but they are here.
Almost fully booked.
Alot of charters but low
dollar volume.
Variance due to drivers
used to fuel trolleys.
Finally caught up wibth:us.
Tires, compressors, batteries
and other expensive parts.
.
Fuel cost up 39 percent over
same period last year.
Mostly due to classified.
ads for drivers. Doesn't
seem to abate.
Radio, equipment lease not
included in plan this. year.