Message-ID: <10148792.1075842426283.JavaMail.evans@thyme>
Date: Thu, 9 Mar 2000 00:20:00 -0800 (PST)
From: drew.fossum@enron.com
To: eric.benson@enron.com
Subject: Re: RC 0014 (Transwestern) and RC 0026 (Northern) Variance Report
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Thanks.  These are Feb. only numbers, right?  Do you have something showing 
year to date?  I'll give you a call.  DF


   
	
	
	From:  Eric Benson                           03/08/2000 05:19 PM
	

To: Drew Fossum/ET&S/Enron@Enron
cc: Michael Moran/GPGFIN/Enron@Enron 

Subject: RC 0014 (Transwestern) and RC 0026 (Northern) Variance Report

Drew - 

I have received and reviewed the February RC reports for Transwestern and 
Northern.  My comments are indicated below:

TRANSWESTERN

RC report total actuals (total before allocations) were $50,090.  RC report 
monthly budget (total before allocations) is $79,424.  The variance between 
RC report actuals and monthly budget is $29,334 under budget.

RC report total legal fees (expense only) for February is $2,619.  The RC 
report monthly budget for legal fees (expense only) is $22,833.  The variance 
between RC report total legal fees (expense only) and RC report monthly 
budget for legal fees (expense only) is $20,214 under budget.

There is no budget for legal fees (charged to work order) nor were there any 
legal fee charges to work order.

Total estimated legal fees (expense only) for February is $12,715.  The 
variance between estimated total legal fees and monthly budget is $10,118 
under budget.

Total estimated actuals (expense only) for February is $60,186.  The variance 
between total estimated actuals and total budget is $19,238 under budget.

A hard copy of your RC report will be provided under separate cover.

NORTHERN

RC report total actuals (total before allocations) were $83,254.  RC report 
total monthly budget (total before allocations) is $171,536.  Total monthly 
budget less non-payroll to work order is $131,953.  The variance between RC 
report actuals and monthly budget less non-payroll to work order is $48,699 
under budget.

RC report total legal fees (expense only) for February were $12,488.  The RC 
report monthly budget for legal fees (expense only) is $60,361.  The RC 
report monthly budget for legal fees (work order) is $39,583.  The variance 
between RC report total legal fees (expense only) and RC report monthly 
budget for legal fees (expense only) is $47,873 under budget.

Estimated legal fees (expense only) for February is $52,338.  Estimated legal 
fees (charged to work order) for February is $123,234.  Total estimated legal 
fees (expense and work order) for February is $175,572.  The variance between 
total estimated legal fees (expense and work order) and total monthly budget 
for legal fees (expense and work order) is $75,628 over budget.

Total estimated actuals (expense and work order) for February is $175,572.  
The variance between total estimated actuals and total budget (expense and 
work order) for February is $4,036 over budget.

A hard copy of your RC report will be provided under separate cover.

If you have any questions or concerns, please advise.

Eric