TOWN OF MARKHAM
Operating Budget For Waterworks
Financial  Results for the Nine Months Ended September 30, 2008
(in millions of dollars)
		2008 YTD		2008 YTD		Variance		Annual		Year-End Variance
		Actuals		Budget		fav./(unfav.)		Budget		Fav / (Unfav)
Sales & Purchases of Water
Water Revenue
	Water & Sewer Billing	40.818		44.492		(3.674)		58.828		(3.655)
Water Expenditures
	Contracted Municipal Services	29.289		30.671		1.382		39.354		1.879
Net Sales & Purchases of Water		11.529		13.821		(2.292)		19.474		(1.776)
Operations
Other Revenues
	User Fees & Service Charges	0.488		0.303		0.185		0.389
	Other Income	0.065		0.049		0.016		0.049
Other Revenues Total		0.553		0.352		0.201		0.438		0.125
Other Expenditures
	Salaries & Benefits	3.544		3.962		0.418		5.158
	Material & Supplies	0.389		0.463		0.074		0.686
	Purchased Services (excluding	3.995		4.446		0.451		5.769
	Contracted Municipal Services)
	Transfer to/(from) Reserves	8.226		8.226		0.000		8.226
	Financial Expenses	0.071		0.054		(0.017)		0.073
Expenditures Total		16.225		17.151		0.926		19.912		1.651
Net Revenue (Expenditure)		(4.143)		(2.978)		(1.165)		(0.000)		0.000