Hist and Proj Operating Receipts FY 2011 2 17 2010 - DC Water

MISSION: Manage all of DC WASA's financial activities to maintain sound financial condition; and, to ensure performance that meets the expectations of the Board, stakeholders and the broader financial
community.
BUDGET OVERVIEW: The revised FY 2011 operating budget is approximately $0.4 million higher compared to the approved FY 2010 operating budget. This increase is mostly related to funding for
personnel services costs, banking fees and other service costs. One new position was also added to the revised FY 2010 budget. The increases $0.3 million in the FY 2011 approved operating budget
compared to the FY 2010 revised operating budget is mainly due to funding for anticipated personnel services costs.
Positions: (FTE's)
FY 2009 FY 2010 FY 2010 FY 2011
Actual Aooroved Revised Approved
Number of authorized positions 43 I 43 43 45 I
Averaae number of positions filled 41 I I
Operating EXDenses
Personnel Services including Overtime 4,200 I 4,543 4,686 4,964
Overtime 15 I 40 35 35
Non-Personnel Services:
Chemical and Supplies 13 20 15 20
Utilities 43 59 72 72
Contractual Services, etc. 1,973 2,364 2,568 2,570
Small Equipment - 4 2 4
Total Non-Personnel Services 2,029 2,448 2,657 2,667
6,230 I 6,991 I 7,3431 7,631 1
I 180 1 660 1 30 1
FY 2009 Actual I FY 2010 Budaet I FY 2010 Proiection I FY 2011 Proiection
Manage Authority's financial operations to ensure
revenue is within 99% of projections and
expenditures are within budget.
Comply with the Board's investment policy and
exceed the three-month Treasury bill rate by 15
basis points
Manage Authority's financial operations to ensure
140% debt seNice coverage.
Meet or exceed the 120 day operating and
maintenance expense with the objective of
maintaining at least $125.5 million in operating
reserves as set by Board policy.
Issue Comprehensive Annual Financial Report
(CAFR)
in February.
Revenue - 99% Revenue - 99% Revenue - 99% Revenue - 99%
Expenditures - 93% Expenditures - 93% Expenditures - 93% Expenditures - 93%
60 basis points 50 basis points 50 basis points 50 basis points
297% 253% 252% 244%
130.7million 125.5million 125.5million 125.5million
February February February February
92% 97% 97% 97%