Anna paid far more for water than it planned in the budget year that ended Sept. 30, while most of its other revenue lines came in ahead of projections, according to the finance department's year-end dashboard.
The report, covering the general and utility funds through Sept. 30, is on the consent agenda for the City Council's Oct. 27 meeting under Director of Finance Terri Doby.
Water costs
In the utility fund, the water division spent $11,649,184 against a budget of $9,238,543, or 126%. The dashboard's note on that line reads: "Higher than expected water purchase cost due to restructuring of debt payments." It does not say whose debt payments were restructured or how the charges changed.
Other utility fund lines also ran over. Administration finished at 113% of budget, which staff attribute to property and liability insurance costs that were higher than projected. Sanitation spending reached 113%, which the report calls a pass-through charge covered by higher-than-expected revenue.
Sewer spending, at 86% of budget, and engineering, also at 86%, came in under plan. Overall, utility fund spending was $31,686,064, or 102% of the $30,980,011 budget.
Utility revenue outpaced that. The fund took in $34,591,837, or 111% of budget. Permits, licenses and fees brought in $3,239,453 against $900,000 budgeted, and investment income reached $1,145,354, about 163% of plan. One line fell short: other charges for services came in at 79%, which the report attributes to lower-than-expected tap and meter installation fees.
