OWNER OPERATOR BUDGET TEMPLATE
                 
Data Input Section: Monthly Amount              
Owner Operator Name Mr. Smith              
Owner Operator Truck # 88888              
Miles Per Month 13,000              
Pay Per Mile 0.875              
Misc. Pay Per Mile 0.171 Fuel Surcharge
Miles Per Gallon 5.9              
Fuel Cost Per Gallon 2.25              
Truck Payments $2,300              
Maintenance Per Mile 0.015              
Physical Damage Insurance $280              
Bobtail Insurance $35              
Worker Comp Insurance $145              
Other Business Insurance $0              
Health Insurance $150              
Money to Support Family $600              
Rent or Mortgage $800              
Automobile Payments $300              
Tax Liens $0              
Child Support $0              
Alimony $0              
Misc. Personal Expenses $200              
                 
Owner Operator Income Statement Budget:
Joe Smith                
88888                
May 12, 2005 WEEKLY   MONTHLY   ANNUAL   PER MILE  
MILES:                
Miles Loaded                
Miles Empty                
Total Miles

3,002

   13,000  

156,000

      
                 
INCOME:                
Mileage Income 2,627   11,375   136,500   87.50  
Miscellaneous Income 513   2,223   26,676   17.10  
Total Income $3,140   $13,598   $163,176   104.60  
                 
EXPENSES:                
Fixed Costs:                
Truck Lease Payment 0   0   0  

0.00

  
Truck Depreciation 531   2,300   27,600   17.69  
Other Costs 55   220   2,200   1.41  
License, Permits, FHUT 25   109   251   0.16  
Physical Damage Insurance 65   280   3,360   2.15  
Bobtail Insurance 8   35   420   0.27  
Work Comp Insurance 33   145   1,740   1.12  
Health, Dental, Vision Insurance 35   150   1,800   1.15  
Life & Disability Insurance 0   0   0   0.00  
Legal and Accounting Costs 21   90   1,080   0.69  
Total Fixed Costs: 773   3,329   38,451   24.65  
Variable Costs:               These are estimated on the road costs, not typical expenses.
Fuel 1099   4,759   57,112   36.61
Fuel Tax 35   153   1,836   1.18
Maintenance/ Repairs 45   195   2,340   1.50
Per Diem Expense 251   1,088   13,052   8.37
Outside Labor 23   98   1,170   0.75
Communication 15   65   780   0.50
Motel Expense 12   52   624   0.40
Office Expenses 18   78   936   0.60
Company Charges 0   0   0   0.00
Supplies 30   130   1,560   1.00
Miscellaneous Expense 44   191   2,293   1.47
                 
Total Variable Costs: 1,572   6,809   81,703   52.37  
Total Expenses $2,345   $10,137   $120,154   77.02  
                 
NET INCOME BEFORE TAX $795   $3,461   $43,022   27.58 You Must Save 20% of this amount for taxes!
               
PERSONAL EXPENSES              
Money to Support Family 139   600   7,200   4.62  
Rent or Mortgage 185   800   9,600   6.15  
Automobile Payments 69   300   3,600   2.31  
Tax Liens 0   0   0   0.00  
Child Support 0   0   0   0.00  
Alimony 0   0   0   0.00  
Misc. Personal Expenses 46   200   2,400      
Total Personal Expenses $439   $1,900   $22,800   14.62  
                 
TOTAL NET CASH $356   $1,561   $20,222   12.96 This is what you put in the bank for retirement or savings.
               
MILES TO BREAK EVEN (NUT) 2,320   10,012   117,280