EXHIBIT 4-C
Monterey Peninsula Water Management District
First Quarter Report on Financial Activity
Fiscal Year 2007-08
Year-to-Date Year-to-Date Percent of
Revenues Budget Variance Budget
Permit Fees $68,441 $75,000 $6,559 91.25%
Connection Charges $181,304 $137,500 ($43,804) 131.86%
Interest $2,280 $18,750 $16,470 12.16%
User Fees $576,327 $712,500 $136,173 80.89%
Property Taxes $0 $344,250 $344,250 0.00%
Grants $0 $36,250 $36,250 0.00%
Reimbursements $16,452 $383,925 $367,473 4.29%
Other $8,536 $5,500 ($3,036) 155.20%
     Total Revenues $853,340 $1,713,675 $860,335 49.80%
Year-to-Date Year-to-Date Percent of
Expenditures Budget Variance Budget
Personnel $746,643 $730,800 ($15,843) 102.17%
Supplies & Services $134,848 $223,800 $88,952 60.25%
Fixed Assets $20,305 $65,700 $45,395 30.91%
Project Expenditures $93,320 $1,031,275 $937,955 9.05%
Debt Service $0 $21,250 $21,250 0.00%
Contingencies/Reserves $5,000 $57,800 $52,800 8.65%
     Total Expenditures $1,000,116 $2,130,625 $1,130,509 46.94%
1stqtrfinancial
1/7/2008