Docket no. 100048-wu

	Sunshine Utilities of Central Florida, Inc. - Ponderosa Pines	Schedule No. 2-B
	Adjustments to Rate Base	Docket No. 100048-WU
	Test Year Ended 12/31/10
	Explanation		Water
	Plant In Service
	Audit adjustments agreed to by Utility. (Issue 2)		$20,851
	Accumulated Depreciation
	Audit adjustments agreed to by Utility. (Issue 2)		$7,063
	CIAC
	Audit adjustments agreed to by Utility. (Issue 2)		$40,851
	Accumulated Amortization of CIAC
	Audit adjustments agreed to by Utility. (Issue 2)		($3,946)
	Working Capital
	Reflect the appropriate working capital allowance. (Issue 4)		$27

	Sunshine Utilities of Central Florida, Inc. - Ponderosa Pines						Schedule No. 3-A
	Statement of Water Operations					Docket No. 100048-WU
	Test Year Ended 12/31/10
		Test Year	Utility	Adjusted	Commission	Commission
		Per	Adjust-	Test Year	Adjust-	Adjusted	Revenue	Revenue
	Description	Utility	ments	Per Utility	ments	Test Year	Increase	Requirement
1	Operating Revenues:	$34,877	$16,310	$51,187	($16,310)	$34,877	$15,641	$50,518
							44.85%
	Operating Expenses
2	Operation & Maintenance	$37,081	$3,465	$40,546	($3,248)	$37,298		$37,298
3	Depreciation	888	0	888	(70)	818		818
4	Amortization	250	0	250	0	250		250
5	Taxes Other Than Income	3,745	734	4,479	(702)	3,777	704	4,481
6	Income Taxes	0	0	0	0	0	0	0
7	Total Operating Expense	41,964	4,199	46,163	(4,019)	42,144	704	42,848
8	Operating Income	($7,087)	$12,111	$5,024	($12,291)	($7,267)	$14,937	$7,671
9	Rate Base	$37,956		$29,706		$94,552		$94,552
10	Rate of Return	-18.67%		16.91%		-7.69%		8.11%