TOWN OF MARKHAM
Operating Budget For Waterworks
Financial  Results for the Six Months Ended June 30, 2008
(in millions of dollars)
		2008 YTD		2008 YTD		Variance		Annual
		Actuals		Budget		fav./(unfav.)		Budget
Sales & Purchases of Water
Water Revenue
	Water & Sewer Billing	25.862		26.867		(1.005)		58.828
Water Expenditures
	Contracted Municipal Services	17.259		18.351		1.092		39.354
Net Sales & Purchases of Water		8.603		8.516		0.087		19.474
Operations
Other Revenues
	User Fees & Service Charges	0.205		0.214		(0.009)		0.389
	Other Income	0.141		0.049		0.092		0.049
Other Revenues Total		0.346		0.263		0.083		0.438
Other Expenditures
	Salaries & Benefits	2.381		2.661		0.280		5.158
	Material & Supplies	0.263		0.310		0.047		0.742
	Purchased Services (excluding	3.224		3.380		0.156		5.769
	Contracted Municipal Services)
	Transfer to/from Reserves	8.226		8.226		0.000		8.170
	Financial Expenses	0.071		0.036		(0.035)		0.073
Expenditures Total		14.164		14.613		0.448		19.912
Net Revenue (Expenditure)		(5.215)		(5.834)		0.618		0.000