Hopkins reported that overall net income of $3.2 million for January was $2.3 million favorable to the budget.
Year-to-date: Year-to-date revenue and income were down, but so were expenses.
YTD net revenue of $193.1 million was $10.8 million, or 5.3 percent, below budget, and YTD expenses of $191.8 million were $4.9 million, or 2.5 percent, below budget. Other year-to-date numbers include:
· Net income from operations of $1.3 million was $5.9 million below budget.
· Non-operating income of $6.2 million was $3.7 million favorable to the budget, due to overall stronger market values of investments.
· Overall net income of $7.5 million was $2.3 million unfavorable to the budget.