8984-R2_NewGloucester_2023-2024_AnnualReport_Web

TABLE 5 Maine Waste to Energy Income Statement with Budget Comparison

As of 06/30/2024

CURRENT MONTH

YEAR-TO-

UDGET

% ACTUAL

% VARIANCE %

BUDGET % ACTUAL

Housekeeping 500 0.1% 173 0.0% (327) (65.5%) 6,000 0.1% 5,241 0.0% (759) (12.6%) Disposal/Transportation 343,371 44.9% 241,885 26.7% (101,486) (29.6%) 3,409,391 34.9% 3,678,566 31.6% 269,175 7.9% Rolling Stock 2,525 0.3% 3,795 0.4% 1,270 50.3% 30,400 0.3% 37,661 0.3% 7,261 23.9% Chemicals 22,763 3.0% 32,147 3.5% 9,384 41.2% 273,150 2.8% 308,694 2.6% 35,544 13.0% Safety Supplies 3,591 0.5% 5,375 0.6% 1,785 49.7% 44,278 0.5% 54,790 0.5% 10,512 23.7% Shop Consumables 9,134 1.2% 4,156 0.5% (4,978) (54.5%) 102,400 1.0% 138,393 1.2% 35,993 35.1% Shop Equipment 4,051 0.5% 80 0.0% (3,971) (98.0%) 48,600 0.5% 60,076 0.5% 11,476 23.6% Contract Maintenance 0 0.0% 58,300 6.4% 58,300 0.0% 16,900 0.2% 105,546 0.9% 88,646 524.5% Spare Parts 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% MSW Member 76,618 8.5% 71,640 7.7% (4,978) (6.5%) 874,000 7.7% 846,303 7.4% (27,697) (3.2%) Municipal Contract 177,553 19.8% 183,118 19.6% 5,565 3.1% 2,130,633 18.9% 2,203,369 19.3% 72,736 3.4% Commercial Member 92,545 10.3% 136,443 14.6% 43,898 47.4% 1,147,500 10.2% 1,675,721 14.7% 528,221 46.0% Supplemental 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% Gate/Hauler Contract 172,210 19.2% 162,885 17.4% (9,325) (5.4%) 2,194,625 19.4% 2,063,099 18.1% (131,526) (6.0%) Oily Waste 2,994 0.3% 1,341 0.1% (1,653) (55.2%) 17,500 0.2% 12,642 0.1% (4,858) (27.8%) 17.2% 207,024 611,384 0 28,190 20,800 1,200 750 0.0% 15.7% 259,712 47.8% 144,249 1,975 235,900 40,044 56.3% 153,550 16,500 17,010 6,000 50.3% 30,400 41.2% 273,150 49.7% 44,278 102,400 48,600 0.0% 16,900 0 0.0% 0 0.0% 1,011,237 0 0.0% 0.0% 0.0% 797,714

Major Maintenance 19,926 2.6% 117,398 13.0% 97,471 489.2% 1,369,235 14.0% 2,299,237 19.7% 930,002 67.9% Contingency 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Operating Expenses 764,691 100.0% 905,896 100.0% 141,205 18.5% 9,762,535 100.0% 11,657,537 100.0% 1,895,002 19.4% Net Operations 133,505 28,376 (105,129) 1,011,237 (231,300) (1,242,537) NON-CASH EXPENSES: Depreciation 17,794 100.0% 18,588 100.0% 794 4.5% 213,523 100.0% 223,056 100.0% 9,533 4.5% Amortization 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Non-Cash Expenses 17,794 100.0% 18,588 100.0% 794 4.5% 213,523 100.0% 223,056 100.0% 9,533 4.5% OTHER Post-Retirement Benefit 0.0% 0 0.0% 0 0.0% 0.0% 0 0.0% 0 0.0% (Un) Realized (Gain) Loss 0.0% 0 0.0% 0 0.0% 0.0% 0 0.0% 0 0.0% Net Gain/(Loss) 115,711 9,788 (105,923) 797,714 (464,101) (1,252,070) 371104 (92,997) Page 6 Total Revenue 898,196 100.0% 934,273 100.0% 36,077 4.0% 11,300,812 100.0% 11,426,237 100.0% 125,425 1.1% Page 5 2.1% 229,495 6.3% 601,688 0.0% 32,758 0.3% 10,518 0.2% 19,164 0.0% 1,864 0 2.7% 300,337 1.5% 237,012 0.0% 128 2.4% 245,433 0.4% 47,137 1.6% 93,720 0.2% 24,752 0.2% 13,155 0.1% 5,241 3,409,391 34.9% 3,678,566 0.3% 37,661 2.8% 308,694 0.5% 54,790 1.0% 138,393 0.5% 60,076 0.2% 105,546 0 0 (231,300) 0 0 0 (464,101)

Operating Expenses: Payroll 214,190 28.0% 287,274 31.7% 73,084 34.1% 2,723,893 27.9% 3,112,172 26.7% 388,279 14.3% Payroll Taxes 16,620 2.2% 19,477 2.2% 2,857 17.2% 207,024 2.1% 229,495 2.0% 22,471 10.9% Benefits 51,597 6.7% 47,332 5.2% (4,265) (8.3%) 611,384 6.3% 601,688 5.2% (9,696) (1.6%) Recruiting 0 0.0% 1,577 0.2% 1,577 0.0% 0 0.0% 32,758 0.3% 32,758 0.0% Education/Training 2,599 0.3% 1,390 0.2% (1,209) (46.5%) 28,190 0.3% 10,518 0.1% (17,672) (62.7%) Public Relations 1,733 0.2% 1,476 0.2% (257) (14.8%) 20,800 0.2% 19,164 0.2% (1,636) (7.9%) Board Expense 100 0.0% 1,214 0.1% 1,114 1113.6% 1,200 0.0% 1,864 0.0% 664 55.4% Travel 63 0.0% 0 0.0% (63) (100.0%) 750 0.0% 0 0.0% (750) (100.0%) Insurance 21,644 2.8% 25,041 2.8% 3,397 15.7% 259,712 2.7% 300,337 2.6% 40,625 15.6% Utilities 12,014 1.6% 17,752 2.0% 5,739 47.8% 144,249 1.5% 237,012 2.0% 92,763 64.3% Security 0 0.0% 0 0.0% 0 0.0% 1,975 0.0% 128 0.0% (1,847) (93.5%) Outside Fees 21,325 2.8% 20,293 2.2% (1,032) (4.8%) 235,900 2.4% 245,433 2.1% 9,533 4.0% Environmental Compliance 3,296 0.4% 1,586 0.2% (1,710) (51.9%) 40,044 0.4% 47,137 0.4% 7,093 17.7% Outside Services 10,857 1.4% 16,967 1.9% 6,110 56.3% 153,550 1.6% 93,720 0.8% (59,830) (39.0%) Office Supplies 1,375 0.2% 1,033 0.1% (342) (24.9%) 16,500 0.2% 24,752 0.2% 8,252 50.0% Health & Safety 1,418 0.2% 175 0.0% (1,243) (87.7%) 17,010 0.2% 13,155 0.1% (3,855) (22.7%) Income Statement with Budget Comparison Revenue: Permits 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% Weigh Fees 63 0.0% 10 0.0% (53) (84.1%) 750 0.0% 830 0.0% 80 10.7% 2.2% 2,857 5.2% (4,265) (8.3%) 0.2% 1,577 0.0% 0.2% (1,209) (46.5%) 0.2% (257) (14.8%) 0.1% 1,114 1113.6% (63) (100.0%) 2.8% 3,397 2.0% 5,739 0 0.0% 2.2% (1,032) (4.8%) 0.2% (1,710) (51.9%) 1.9% 6,110 0.1% (342) (24.9%) 0.0% (1,243) (87.7%) 0.0% (327) (65.5%) (29.6%) 0.4% 1,270 3.5% 9,384 0.6% 1,785 0.5% (4,978) (54.5%) 0.0% (3,971) (98.0%) 6.4% 58,300 0 0.0% 0 0.0% (105,129) 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0 0.0% 9,788 (105,923) Page 6

OBW & Demolition 235,260 26.2% 246,645 26.4% 11,385 4.8% 2,601,500 23.0% 2,883,093 25.2% 281,593 10.8% Tires 1,578 0.2% 1,708 0.2% 130 8.2% 18,000 0.2% 14,907 0.1% (3,093) (17.2%) Special Waste 2,642 0.3% 3,744 0.4% 1,102 41.7% 30,150 0.3% 20,708 0.2% (9,442) (31.3%) Recyclable Materials 46,470 5.2% 48,253 5.2% 1,783 3.8% 577,000 5.1% 786,134 6.9% 209,134 36.2% Interest Income 2,917 0.3% 3,303 0.4% 386 13.2% 35,000 0.3% 54,767 0.5% 19,767 56.5% Electrical Sales 53,041 5.9% 73,807 7.9% 20,766 39.2% 1,248,354 11.0% 853,865 7.5% (394,489) (31.6%) Other Revenue 67 0.0% 1,375 0.1% 1,308 800 0.0% 10,798 0.1% 9,998 34.1% 2,723,893 27.9% 3,112,172 18.5% 9,762,535 100.0% 11,657,537 4.5% 213,523 100.0% 223,056 4.5% 213,523 100.0% 223,056

214,190 16,620 51,597

28.0% 287,274 31.7% 73,084

2.2% 19,477 6.7% 47,332 0.0% 1,577 0.3% 1,390

0

2,599 1,733

Income Statement with Budget Comparison BUDGET % ACTUAL % VARIANCE % BUDGET % ACTUAL % VARIANCE % As of 06/30/2024 CURRENT MONTH YEAR-TO-DATE TABLE 5 Maine Waste to Energy CURRENT MONTH YEAR-TO-DATE As of 06/30/2024 0.2% 1,476 0.0% 1,214 0.0% 0 0.0% 2.8% 25,041 1.6% 17,752 0.0% 0 0.0% 2.8% 20,293 0.4% 1,586 1.4% 16,967 0.2% 1,033 0.2% 175 0.1% 173 0.3% 3,795 3.0% 32,147 0.5% 5,375 1.2% 4,156 0.5% 80 0.0% 58,300 0.0% 0 0.0% 0.0% 0 0.0% 28,376 0.0% 0 0.0%

100

63

21,644 12,014 21,325 3,296 10,857 1,375 1,418 2,525 22,763 3,591 9,134 0 500 343,371

44.9% 241,885 26.7% (101,486)

TABLE 5 4,051

0 0

Maine Waste to Energy

19,926

2.6% 117,398 13.0% 97,471 489.2% 1,369,235 14.0% 2,299,237

0

764,691

100.0% 905,896 100.0% 141,205

133,505

17,794

100.0% 18,588 100.0% 794

0

17,794

100.0% 18,588 100.0% 794

BUDGET % ACTUAL % VARIANCE % BUDGET % ACTUAL % VARIANCE %

0.0% 0.0%

115,711

371104 (92,997)

40