2023.08 Monthly Budget ReportDQf!�C�WARD
MONTHLY BUDGET FINANCIAL STATUS UPDATE
To: Mayor and Council members
From: Noah Crocker, Finance Director
Period: August 2023
OVERVIEW:
The Finance Department is committed to providing clear information to the Mayor, Council, and staff regarding
the budget status of the City. We have prepared the following reports to keep you up to date on the current
budget status of the City.
1) Budget Report
2) Detail Fund Summary Report
BUDGET REPORT:
The Budget report will first provide Operational Funds and follow up with Capital Projects Funds. This report does
not include beginning fund balance. This report is designed to provide a high-level view of each fund reviewing
total revenues and expenses. The report does provide expense information by department. The goal of the City is
to pay all current budget year expenses with current budget year revenues. We are not quite there yet, and this
will show in the Surplus (Deficit) line at the end of each fund. We expect that future budget cycles will smooth out
revenues and expenditures.
The Budget Report provides information on current revenues and expenditures by fund including the following:
• The original budgeted amount.
• Current budget which would reflect any amendments that have been made.
• Period activity which details the revenue and expense activity for the period in which the report was run.
• Fiscal activity will provide the year-to-date expense and revenue amounts.
• Variance Shows the difference between budgeted and actual.
• Percent remaining is the amount still needed to reach the budgeted amount.
CASH AND INVESTMENT FUND SUMMARY
The Cash and Investment Fund Summary provides information on current total cash & investment balances by
Fund.
POINTS OF INTEREST:
Current Expense Fund 001—The Current Expense Fund is used for the general governmental functions of the City.
As of August 31, 2023, 62% of budgeted revenues were received. However, excluding Other financing from the
calculation the city has collected 87% of budgeted revenues.
The table provides budget versus actual (YTD) data by source of revenue.
2023
2023
Current
% of
Received
Revenue Source
Original
Budget
2023 YTD
Budget
Property Tax
2,223,000
2,223,000
1,209,981
Received
54.43%
PeriodBudget
8,359
Sales Tax
6,565,000
6,565,000
5,091,780
77.56%
725,037
Other Taxes
2,136, 000
2,136, 000
1,951,968
91.38%
138,073
Total Taxes
10,924,000
10,924,000
8,253,729
75.56%
871,470
Licenses & Permits
600,400
600,400
1,105,354
184.10%
149,940
Intergovernmental Revenue
432,500
476,800
519,073
108.87%
-
Charges for Goods & Services
448,600
448,600
579,937
129.28%
89,608
Fines & Penalties
128,000
128,000
72,904
56.96%
10,329
Misc Revenues
122,200
122,218
577,594
472.59%
93,100
Non -Revenues
-
-
2,218
#DIV/0!
(374)
Other Financing
0.03%
(Capital Contributions)
-
5,000,000
1,675
-
REVENUE TOTALS
12,655,700
17,700,018
11,112,483
62.78%
1,214,073
SALES TAX REVENUES SUMMARY
• Total 2023 Budget:
$6,565,000
• Total 2023 YTD Actuals:
$5,091,780
• Year -to -Date Actual revenue
collected is 1.78% higher when
compared
to Prior Year -to Date Actuals
• Year -to -Date Actual revenue
collected is 19.67% higher when
compared to Year -to Date
Budgeted
The following tables provide additional sales tax information:
Table 1: shows revenue received by month over a three-year period.
Monthly Sales Tax -Three Year Comparison
800,000
700,000
■ 2021 Actual
600,000
■ 2022 Actual
■ 2023 YTO Actual
500,000
400,000
300,000
200,000
100,000
0
,J\J J�Jyc e��ec ooec Je�oec `e�oec
� P c
heQ �o Qe
Table 2: provides current
data for sales tax revenue
collected Year-to-date.
$800,000 Sales Tax Revenues
$700,000
$600,000
$500,000
$400,000 Actuals2023 Budget 2023
$300,000
$200,000
$100,000
Q P yeQ�' �o Oe
Real Estate Excise Tax (REET) Fund 109 and Impact Mitigation Fee Fund 111
The City's Real Estate Excise Tax receipts fluctuate monthly. August 2023 receipts are lower than August 2022 by
0.10%. The table below shows balances through August for REET 1 & 2 and Impact fees. These restricted funds
are used as a local funding source for capital projects that have been documented in the City's comprehensive
plans. REET funds are also used for debt payments.
The table above shows 2023 beginning fund balances, biennial revenue received to date, expenses budgeted for
the biennium and expenses which are obligated for future projects but have not yet been officially budgeted. The
intent of this table is to snapshot and illustrate available balances and what is projected for the end of the
biennium.
Impact Fees received for August 2023 are as follows:
o Parks $205,778
o Transportation $171,443
o School District Impact $50,837
REET revenues received in August:
o REET 1 $86,286
o REET 2 $86,286
Capital Construction Fund 302 —The McCormick Woods Splash Pad Retrofit is nearing completion and at this time
the project is waiting for a control panel to be delivered by end of September 2023. The City Hall construction has
started in August with the Roof, siding, and windows.
Street Capital Construction Fund 304 —Bay Street Pedestrian Path right of way efforts continue. The City has
contracted with Skilling's Inc for Design and Right of Way Services for the Bethel -Lincoln Round -About project.
Design for the project is in progress.
ENTERPRISE/UTILITY FUNDS:
Water operation - Water operations budgeted revenue in the amount of $3,712,000 for 2023. Through August,
the City has received $2,660,116 or —72% of the 2023 budgeted revenues. Revenues for the water utility, in
winter and spring, are typically lower with larger monthly revenues received during the warmer summer and fall
months. Water Operations expended $1,990,614 through August representing —62% of the 2023 budget. In
addition, the water operational budget includes transfers which occur throughout the year. The City manages its
transfers according to policy goals, cashflow needs, and realized expenses for water capital projects, stabilization
targets, and debt service payments. The 2023 budget includes $790,550 for transfers. A total of $177,663 was
transferred out to fund 413 for Water Main Replacement expenses.
500,000
400,000
300,000
200,000
100,000
Water Service Payments
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
■ 2021
■ 2022
■ 2023
Sewer operation — Sewer operations budgeted revenue in the amount of $5,696,424 is budgeted for 2023.
Through August, the City has received $4,319,776 or —76% of the 2023 budgeted revenues. Sewer Operations
expended $2,848,703 through August representing —58% of the 2023 budget. The sewer operational expense
budget includes transfers which occur throughout the year. The City manages its transfers according to policy
goals, cashflow needs, and realized expenses for sewer capital projects, stabilization targets, and debt service
payments. The 2023 budget includes $563,000 for transfers. A total of $666 was transferred out to fund 433 for
Marina Pump Station expenses and close out of McCormick Sewer Lift Station #2.
Sewer Service Payments
400,000 M M ■ ■ ■ r = = = ■ 2021
300,000 111111 ■ 2022
■ 2023
200,000
i
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Storm Drainage operations- Storm Operations budgeted revenue in the amount of $1,745,100 for 2023. Through
August, the City has received $1,428,900 or —82% of its annual budgeted revenue. Storm Drainage Operations
expended $946,815 through August representing —47% of the 2023 operating budget. The storm drainage
operational budget includes transfers which occur throughout the year. The City manages its transfers according
to policy goals, cashflow needs, and realized expenses for storm capital projects, stabilization targets, and debt
service payments. The 2023 budget includes $778,200 for transfers. A total of $146,300 was transferred out to
fund 424 for LTGO Bond 2017 Storm Debt Payments.
There were no transfers in August.
Storm Drainage Payments
180,000
160,000
140,000 —
120,000 —
100,000 — ■ 2021
80,000 — ■ 2022
60,000 — ■ 2023
40,000 —
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Budget Report
Departmen...
Fund: 001- Current Expense
Revenue
00 - Revenues
Expense
01- Finance
02 - Court
03 - Law Enforcement
04 - Community Development
05 - Public Works
06 - Miscellaneous
07 - Administration
OPERATING BUDGET For Fiscal: 2023 Period Ending: 08/31/2023
Group Summary
Variance
Original Current Period Fiscal Favorable Percent
Total Budget Total Budget Activity Activity (Unfavorable) Remaining
12,655,700.00 17,700,018.27 1,214,073.11 11,112,482.85-6,587,535.42 37.22%
Revenue Total: 12,655,700.00 17,700,018.27 1,214,073.11 11,112,482.85-6,587,535.42 37.22%
Expense Total:
Fund: 001- Current Expense Surplus (Deficit):
Fund: 002 - City Street Fund
Revenue
00 - Revenues
Revenue Total:
1,102,600.00
1,102,600.00
84,245.82
627,588.33
475,011.67
43.08%
742,800.00
742,800.00
40,999.84
345,911.78
396,888.22
53.43%
5,795,350.00
5,795,350.00
373,933.77
3,083,788.91
2,711,561.09
46.79%
2,448,085.00
2,957,885.00
162,752.57
1,771,602.42
1,186,282.58
40.11%
2,249,300.00
2,249,300.00
111,946.11
1,180,124.50
1,069,175.50
47.53%
6,290,000.00
10,835,500.00
398,543.06
717,635.53
10,117,864.47
93.38%
1,800,120.00
1,800,120.00
121,342.78
1,029,319.52
770,800.48
42.82%
20,428,255.00
25,483,555.00
1,293,763.95
8,755,970.99
16,727,584.01
65.64%
-7,772,555.00
-7,783,536.73
-79,690.84
2,356,511.86
10,140,048.59
130.28%
3,553,504.00
3,879,528.35
148,979.99
1,579,852.52
-2,299,675.83
59.28%
3,553,504.00
3,879,528.35
148,979.99
1,579,852.52
-2,299,675.83
59.28%
Expense
05 - Public Works
3,482,796.00
3,482,796.00
882,055.22
1,841,664.30
1,641,131.70
47.12%
Expense Total:
3,482,796.00
3,482,796.00
882,055.22
1,841,664.30
1,641,131.70
47.12%
Fund: 002 - City Street Fund Surplus (Deficit):
70,708.00
396,732.35
-733,075.23
-261,811.78
-658,544.13
165.99%
Fund: 003 - Stabilization Fund
Revenue
00 - Revenues
180,000.00
180,040.46
13,510.97
276,293.31
96,252.85
53.46%
Revenue Total:
180,000.00
180,040.46
13,510.97
276,293.31
96,252.85
53.46%
Fund: 003 - Stabilization Fund Total:
180,000.00
180,040.46
13,510.97
276,293.31
96,252.85
53.46%
Fund: 103 - Criminal Justice
Revenue
00 - Revenues
391,000.00
391,074.72
36,599.06
326,106.26
-64,968.46
16.61%
Revenue Total:
391,000.00
391,074.72
36,599.06
326,106.26
-64,968.46
16.61%
Expense
03 - Law Enforcement
629,900.00
629,900.00
9,410.90
301,695.82
328,204.18
52.10%
Expense Total:
629,900.00
629,900.00
9,410.90
301,695.82
328,204.18
52.10%
Fund: 103 - Criminal Justice Surplus (Deficit):
-238,900.00
-238,825.28
27,188.16
24,410.44
263,235.72
110.22%
Fund: 104 - Special Investigative
Unit
Revenue
00 - Revenues
4,000.00
4,004.54
278.02
2,105.41
-1,899.13
47.42%
Revenue Total:
4,000.00
4,004.54
278.02
2,105.41
-1,899.13
47.42%
Expense
03 - Law Enforcement
4,000.00
4,000.00
0.00
0.00
4,000.00
100.00%
Expense Total:
4,000.00
4,000.00
0.00
0.00
4,000.00
100.00%
Fund: 104 - Special Investigative Unit Surplus (Deficit):
0.00
4.54
278.02
2,105.41
2,100.8746,274.67%
Fund: 107 - Community Events
Revenue
00 - Revenues
125,200.00
125,219.81
16,989.04
109,968.75
-15,251.06
12.18%
Revenue Total:
125,200.00
125,219.81
16,989.04
109,968.75
-15,251.06
12.18%
Expense
07 - Administration
125,200.00
125,200.00
8,205.27
19,833.96
105,366.04
84.16%
Expense Total:
125,200.00
125,200.00
8,205.27
19,833.96
105,366.04
84.16%
Fund: 107 -
Community Events Surplus (Deficit):
0.00
19.81
8,783.77
90,134.79
90,114.9854,896.42%
9/18/2023 11:38:41 AM
Page
13 of 17
Budget Report
For Fiscal: 2023 Period Ending: 08/31/2023
Variance
Original
Current
Period
Fiscal Favorable Percent
Departmen...
Total Budget
Total Budget
Activity
Activity (Unfavorable) Remaining
Fund: 108 - Paths & Trails
Revenue
00 - Revenues
1,000.00
1,015.93
183.38
1,294.53 278.60 27.42%
Revenue Total: 1,000.00
1,015.93
183.38
1,294.53 278.60 27.42%
Fund: 108 - Paths & Trails Total: 1,000.00
1,015.93
183.38
1,294.53 278.60 27.42%
Fund: 109 - Real Estate Excise Tax
Revenue
00 - Revenues
800,000.00
800,092.62
184,213.16
1,442,993.92
642,901.30
80.35%
Revenue Total:
800,000.00
800,092.62
184,213.16
1,442,993.92
642,901.30
80.35%
Expense
06 - Miscellaneous
3,854,500.00
3,716,485.39
326,585.71
532,993.65
3,183,491.74
85.66%
Expense Total:
3,854,500.00
3,716,485.39
326,585.71
532,993.65
3,183,491.74
85.66%
Fund: 109 - Real Estate Excise Tax Surplus (Deficit):
-3,054,500.00
-2,916,392.77
-142,372.55
910,000.27
3,826,393.04
131.20%
Fund: 111- Impact Mitigation Fee
Revenue
00 - Revenues
5,669,300.00
5,669,344.72
459,829.35
3,959,447.12
-1,709,897.60
30.16%
Revenue Total:
5,669,300.00
5,669,344.72
459,829.35
3,959,447.12
-1,709,897.60
30.16%
Expense
06 - Miscellaneous
3,695,300.00
4,371,200.00
771,053.26
1,464,867.82
2,906,332.18
66.49%
Expense Total:
3,695,300.00
4,371,200.00
771,053.26
1,464,867.82
2,906,332.18
66.49%
Fund: 111- Impact Mitigation
Fee Surplus (Deficit):
1,974,000.00
1,298,144.72
-311,223.91
2,494,579.30
1,196,434.58
-92.16%
Fund: 206 - Bond Redemption Fund
Revenue
00 - Revenues
300,400.00
300,400.00
271,701.14
299,652.28
-747.72
0.25%
Revenue Total:
300,400.00
300,400.00
271,701.14
299,652.28
-747.72
0.25%
Expense
06 - Miscellaneous
300,400.00
300,400.00
271,701.14
299,652.28
747.72
0.25%
Expense Total:
300,400.00
300,400.00
271,701.14
299,652.28
747.72
0.25%
Fund: 206 - Bond Redemption Fund Surplus (Deficit):
0.00
0.00
0.00
0.00
0.00
0.00%
Fund: 411- Water Operating
Revenue
00 - Revenues
3,712,000.00
3,712,013.25
530,291.61
2,660,116.24
-1,051,897.01
28.34%
Revenue Total:
3,712,000.00
3,712,013.25
530,291.61
2,660,116.24
-1,051,897.01
28.34%
Expense
05 - Public Works
3,190,850.00
3,190,850.00
233,902.55
1,990,614.87
1,200,235.13
37.61%
06 - Miscellaneous
790,550.00
790,550.00
177,663.19
344,077.14
446,472.86
56.48%
Expense Total:
3,981,400.00
3,981,400.00
411,565.74
2,334,692.01
1,646,707.99
41.36%
Fund: 411- Water Operating Surplus (Deficit):
Fund: 412 - Water Stabilization
Revenue
00 - Revenues
Revenue Total:
Fund: 412 - Water Stabilization Total:
Fund: 414 - Water Debt Service
Revenue
00 - Revenues 563,400.00 563,400.00 0.00 54,196.19-509,203.81 90.38%
Revenue Total: 563,400.00 563,400.00 0.00 54,196.19-509,203.81 90.38%
-269,400.00-269,386.75 118,725.87 325,424.23 594,810.98 220.80%
Expense
06 - Miscellaneous
Expense Total
Fund: 414 - Water Debt Service Surplus (Deficit)
0.00 93.84 4,509.37 32,353.71 32,259.87 34,377.53%
0.00 93.84 4,509.37 32,353.71 32,259.87 34,377.53%
0.00 93.84 4,509.37 32,353.71 32,259.87 34,377.53%
563,400.00 563,400.00 0.00 54,196.19 509,203.81 90.38%
563,400.00 563,400.00 0.00 54,196.19 509,203.81 90.38%
0.00 0.00 0.00 0.00
0.00 0.00%
9/18/2023 11:38:41 AM
Page 14 of 17
Budget Report
For Fiscal: 2023 Period Ending: 08/31/2023
Variance
Original
Current
Period
Fiscal
Favorable Percent
Departmen...
Total Budget
Total Budget
Activity
Activity
(Unfavorable) Remaining
Fund: 421- Storm Drainage Utility
Revenue
00 - Revenues
1,745,100.00
1,745,181.61
210,684.87
1,428,900.55
-316,281.06 18.12%
Revenue Total:
1,745,100.00
1,745,181.61
210,684.87
1,428,900.55
-316,281.06 18.12%
Expense
05 - Public Works
2,030,852.00
2,030,852.00
109,106.58
946,815.70
1,084,036.30 53.38%
06 - Miscellaneous
778,200.00
378,200.00
146,500.61
236,669.06
141,530.94 37.42%
Expense Total:
2,809,052.00
2,409,052.00
255,607.19
1,183,484.76
1,225,567.24 50.87%
Fund: 421- Storm Drainage Utility Surplus (Deficit):
-1,063,952.00
-663,870.39
-44,922.32
245,415.79
909,286.18 136.97%
Fund: 422 - Storm Drainage Stabilization
Revenue
00 - Revenues
0.00
33.58
2,533.55
18,177.64
18,144.06 54,032.34%
Revenue Total:
0.00
33.58
2,533.55
18,177.64
18,144.0654,032.34%
Fund: 422 - Storm Drainage Stabilization Total:
0.00
33.58
2,533.55
18,177.64
18,144.06 54,032.34%
Fund: 424 - Storm Drainage Debt Service
Revenue
00 - Revenues
178,200.00
178,200.00
146,300.61
177,876.54
-323.46 0.18%
Revenue Total:
178,200.00
178,200.00
146,300.61
177,876.54
-323.46 0.18%
Expense
06 - Miscellaneous
178,200.00
178,200.00
146,300.61
177,876.54
323.46 0.18%
Expense Total:
178,200.00
178,200.00
146,300.61
177,876.54
323.46 0.18%
Fund: 424 - Storm Drainage Debt Service Surplus (Deficit):
0.00
0.00
0.00
0.00
0.00 0.00%
Fund: 431- Sewer Operating
Revenue
00 - Revenues
5,696,400.00
5,696,424.61
625,845.41
4,319,776.81
-1,376,647.80 24.17%
Revenue Total:
5,696,400.00
5,696,424.61
625,845.41
4,319,776.81
-1,376,647.80 24.17%
Expense
05 - Public Works
4,857,032.00
4,947,032.00
310,364.42
2,848,703.91
2,098,328.09 42.42%
06 - Miscellaneous
563,000.00
563,000.00
666.44
20,746.77
542,253.23 96.31%
Expense Total:
5,420,032.00
5,510,032.00
311,030.86
2,869,450.68
2,640,581.32 47.92%
Fund: 431- Sewer Operating Surplus (Deficit):
276,368.00
186,392.61
314,814.55
1,450,326.13
1,263,933.52-678.10%
Fund: 432 - Sewer Stabilization
Revenue
00 - Revenues
0.00
30.18
6,748.47
48,418.77
48,388.59 60,333.30%
Revenue Total:
0.00
30.18
6,748.47
48,418.77
48,388.59 60,333.30%
Fund: 432 - Sewer Stabilization Total:
0.00
30.18
6,748.47
48,418.77
48,388.59 60,333.30%
Fund: 434 - Sewer Debt Service
Revenue
00 - Revenues
298,700.00
298,721.67
2,607.79
36,056.66
-262,665.01 87.93%
Revenue Total:
298,700.00
298,721.67
2,607.79
36,056.66
-262,665.01 87.93%
Expense
06 - Miscellaneous
23,700.00
23,700.00
0.00
17,346.30
6,353.70 26.81%
Expense Total:
23,700.00
23,700.00
0.00
17,346.30
6,353.70 26.81%
Fund: 434 - Sewer Debt Service Surplus (Deficit):
275,000.00
275,021.67
2,607.79
18,710.36
-256,311.31 93.20%
Fund: 500 - Equipment Rental and Revolving
Revenue
00 - Revenues
1,869,500.00
1,869,517.83
72,387.87
1,158,626.00
-710,891.83 38.03%
Revenue Total:
1,869,500.00
1,869,517.83
72,387.87
1,158,626.00
-710,891.83 38.03%
Expense
10 - ER&R
4,064,700.00
4,064,700.00
191,329.57
727,448.89
3,337,251.11 82.10%
9/18/2023 11:38:41 AM
Page 15 of 17
Budget Report
Departmen...
For Fiscal: 2023 Period Ending: 08/31/2023
Variance
Original Current Period Fiscal Favorable Percent
Total Budget Total Budget Activity Activity (Unfavorable) Remaining
Expense Total: 4,064,700.00 4p064?700.00
Fund: 500 - Equipment Rental and Revolving Surplus (Deficit):-2,195,200.00-2,195,182.17
Report Surplus (Deficit):-11,817,431.00-11,729,664.40
191,329.57 727,448.89 3,337,251.11 82.10%
-118,941.70 431,177.11 2,626,359.28 119.64%
-930,342.65 8,463,521.87 20,193,186.27 172.15%
9/18/2023 11:38:41 AM Page 16 of 17
City of Port Orchard
ORCHARD
Account Typ...
Fund: 302 - Capital Construction
CAPITAL BUDGET
Original Current
Total Budget Total Budget
Budget Report
Group Summary
For Fiscal: 2023 Period Ending: 08/31/2023
Variance
Period Fiscal Favorable Percent
Activity Activity (Unfavorable) Remaining
Revenue
2,053,500.00
18,854,600.00
1,025,076.88
1,393,668.57
-17,460,931.43
92.61%
Expense
1,808,400.00
18,261,400.00
1,078,095.20
1,756,670.33
16,504,729.67
90.38%
Fund: 302 - Capital Construction Surplus (Deficit):
245,100.00
593,200.00
-53,018.32
-363,001.76
-956,201.76
161.19%
Fund: 304 - Street Capital Projects
Revenue
13,478,100.00
14,660,000.00
283,612.26
753,298.24
-13,906,701.76
94.86%
Expense
12,095,700.00
11,938,820.12
235,175.73
715,085.10
11,223,735.02
94.01%
Fund: 304 - Street Capital Projects Surplus (Deficit):
1,382,400.00
2,721,179.88
48,436.53
38,213.14
-2,682,966.74
98.60%
Fund: 413 - Water Capital
Revenue
16,450,700.00
20,188,100.00
448,441.01
2,112,145.42
-18,075,954.58
89.54%
Expense
10,540,600.00
10,540,600.00
215,731.67
503,245.52
10,037,354.48
95.23%
Fund: 413 - Water Capital Surplus (Deficit):
5,910,100.00
9,647,500.00
232,709.34
1,608,899.90
-8,038,600.10
83.32%
Fund: 423 - Storm Drainage Capital Facil
Revenue
1,194,500.00
793,200.00
451.63
62,684.56
-730,515.44
92.10%
Expense
1,100,000.00
700,000.00
0.00
555,792.52
144,207.48
20.60%
Fund: 423 - Storm Drainage Capital Facil Surplus (Deficit):
94,500.00
93,200.00
451.63
-493,107.96
-586,307.96
629.09%
Fund: 433 - Sewer Capital
Revenue
25,532,700.00
25,959,700.00
417,026.27
2,536,762.45
-23,422,937.55
90.23%
Expense
14,632,900.00
14,632,900.00
85,272.47
556,077.31
14,076,822.69
96.20%
Fund: 433 - Sewer Capital Surplus (Deficit):
10,899,800.00
11,326,800.00
331,753.80
1,980,685.14
-9,346,114.86
82.51%
Report Surplus (Deficit):
18,531,900.00
24,381,879.88
560,332.98
2,771,688.46
-21,610,191.42
88.63%
9/18/2023 12:49:05 PM Page 1 of 2
Detail Report
9/18/2023 12:17:52 PM
CASH & INVESTMENT
Fund
Beginning Balance
Total Activity
Ending Balance
001- Current Expense
16,744,958.97
-79,690.84
16,665,268.13
002 - City Street Fund
3,242,431.10
-733,075.23
2,509,355.87
003 - Stabilization Fund
3,003,741.88
13,510.97
3,017,252.85
103 - Criminal Justice
644,947.56
27,188.16
672,135.72
104 - Special Investigative Unit
99,722.85
278.02
100,000.87
107 - Community Events
403,131.21
8,783.77
411,914.98
108 - Paths & Trails
14,895.22
183.38
15,078.60
109 - Real Estate Excise Tax
5,235,080.20
-142,372.55
5,092,707.65
111- Impact Mitigation Fee
8,110,358.49
-311,223.91
7,799,134.58
206 - Bond Redemption Fund
0.00
0.00
0.00
302 - Capital Construction
237,647.66
-53,018.32
184,629.34
304 - Street Capital Projects
2,288,827.42
48,436.53
2,337,263.95
401- Water -Sewer Utilities
0.00
0.00
0.00
403 - Water -Sewer Cumulative Reserve
0.00
0.00
0.00
411- Water Operating
4,337,566.93
118,725.87
4,456,292.80
412 - Water Stabilization
994,250.50
4,509.37
998 759.87
413 - Water Capital
8,935,131.85
232,709.34
9,167,841.19
414 - Water Debt Service
0.00
0.00
0.00
421- Storm Drainage Utility
1,701,056.50
-44,922.32
1,656,134.18
422 - Storm Drainage Stabilization
558,610.51
2,533.55
561,144.06
423 - Storm Drainage Capital Facil
99,577.84
451.63
100,029.47
424 - Storm Drainage Debt Service
0.00
0.00
0.00
431- Sewer Operating
7,044,186.97
314,814.55
7,359,001.52
432 - Sewer Stabilization
1,487,940.12
6,748.47
1,494,688.59
433 - Sewer Capital
7,431,687.81
331,753.80
7,763,441.61
434 - Sewer Debt Service
574,980.90
2,607.79
577,588.69
500 - Equipment Rental and Revolving
4,540,200.98
-118,941.70
4,421,259.28
631- Trust and Agency
10,676.57
878.04
11,554.61
632 - Wastewater Treatment Facil Fee
5,792,783.29
-48,680.24
5,744,103.05
Grand Total:
83,534,393.33
-417,811.87
83,116,581.46
Date Range: 08/01/2023 - 08/31/2023
Fund Summary
Page 5 of 5