| EXHIBIT 12-C | ||||
| Monterey Peninsula Water Management District | ||||
| Third Quarter Report on Financial Activity | ||||
| Fiscal Year 2006-07 | ||||
| Year-to-Date | Year-to-Date | Percent of | ||
| Revenues | Budget | Variance | Budget | |
| Permit Fees | $217,547 | $206,250 | ($11,297) | 105.48% |
| Connection Charges | $454,033 | $412,500 | ($41,533) | 110.07% |
| Interest | $51,264 | $60,000 | $8,736 | 85.44% |
| User Fees | $1,659,771 | $1,976,250 | $316,479 | 83.99% |
| Property Taxes | $714,128 | $951,000 | $236,872 | 75.09% |
| Grants | $0 | $337,500 | $337,500 | 0.00% |
| Project Reimbursements | $45,768 | $428,925 | $383,157 | 10.67% |
| Bond Proceeds | $0 | $1,912,500 | $1,912,500 | 0.00% |
| Other | $33,201 | $31,725 | ($1,476) | 104.65% |
| Total Revenues | $3,175,712 | $6,316,650 | $3,140,938 | 50.28% |
| Year-to-Date | Year-to-Date | Percent of | ||
| Expenditures | Budget | Variance | Budget | |
| Personnel | $2,168,553 | $2,189,325 | $20,772 | 99.05% |
| Supplies & Services | $504,414 | $702,450 | $198,036 | 71.81% |
| Fixed Assets | $70,212 | $116,025 | $45,813 | 60.51% |
| Project Expenditures | $447,595 | $3,125,250 | $2,677,655 | 14.32% |
| Debt Service | $0 | $94,875 | $94,875 | 0.00% |
| Capital Equipment Reserve | $0 | $32,475 | $32,475 | 0.00% |
| Contingencies/Reserves | $0 | $56,250 | $56,250 | 0.00% |
| Total Expenditures | $3,190,774 | $6,316,650 | $3,125,876 | 50.51% |
| 3rdqtrfinancial | ||||
| 5/29/2007 | ||||