A year-end report of finances for the El Dorado Irrigation District given Feb. 25 shows recreation revenue at 130.6 percent of the budgeted amount and recycled water revenue at 225.7 percent of the budgeted amount. Wastewater revenue, though, came in at 89.9 perdent of budget, due to using the wetter of two winter water consumption figures to calculate sewer rates last year. That resulted in a revenue drop of $2.6 million compared to 2011.
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Hydroelectric revenue in 2012 came in at 93.4 percent of the projected average of $8 million. Last year (2011-2012) precipitation measured in Placerville was 10 inches less than the 138-year average.
Total revenue in the calendar year 2012 was $68.3 million compared to $74.1 million in 2011.
On the expense side employee costs dropped 4.9 percent, for a savings over 2011 of $1.4 million. But electricity costs rose 4.8 percent for an increase of $385,000 over 2011.
The total operating budget for 2012 was 5.2 percent less than 2011′s operating budget for a decline of just under $2.2 million.
Finance Director Mark Price said some figures may change slightly as more final statements become avialable from different departments. Then the outside auditor will review EID’s books and issue a final report.