Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
INCOME STATEMENT FOR MAY 2004
J '., . ~ COPIES TO CITY COUNCIL JUN 04 2004 PRESS CLERK/ATTORNEY ., c::.6u~\ ~~~ ~O~'\\\Q~ JOLLEY TROLLEY INCOME STATEMENT Month of: M~V 2003-2004 REVENUE PLAN ACTUAL VARIANCE CITY GRANT 24,270 24,270 -0- FARES 7,962 11,954 3,992 ADVERTISING 6,124 4,491 (1,633) XN~ERES~ INCOME 150 69 ( 81 ) CHARTERS 6,766 9,094 2,328 OTHER INCOME 40 18 ( 22) TOTAL REVENUE 45,312 49,896 4,584 EXPENSE WAGES, DRIVERS 12,420 15,056 (2,635) WAGES, CLERICAL 2,995 1,791 1,204 WAGES, VEHICLE MAINT. 2,644 2,395 249 SALARIES, ADMIN. 3,553 3,581 (28) PAYROLL TAXES 1,804 2,145 ( 341 ) WORKERS' COMPo 1,435 1,474 (39 ) MAINT. PARTS & REPAIR 4,218 2,947 1,271 INSURANCE 6,000 6,000 -0- FUEL 3,616 5,506 (1,890) OFFICE EXPENSE 764 190 574 PERSONNEL COSTS 645 886 (241 ) UTILITIES 279 405 (i 26) RENTALS 1,745 1,718 27 PROFESSIONAL FEES -0- -0- -0- OTHER TAXES & FEES -0- 70 (70) MISCELLANEOUS -0- 60 (60) TOTAL EXPENSE 42,118 44,223 (2,105) NET CHANGE IN ASSETS 3,194 5,673 2,479 EXPLANATION OF VARIANCES. Month of MAY 2003-2004 ,~. VARIANCE FARES 3,992 ADVERTISING (1,633) CHARTERS 2,328 WAGES, DRIVERS (2,635) WAGES, ..CLERICAL 1,204 MAINTENANCE PARTS 1,271 FUEL (1,890) EXPLANATION No one has gone home Due to late payments Alot of weddings Us~ of drivers for work other than driving. Steps taken to correct expense. Transfer of office manager to non-exempt salaried. Sav.ings the xesul t-,of traffic manager termination. Better preventative main- tenance eliminating frequent parts replacement. Gasoline prices continue to climb.