2023.10 Monthly Budget ReportO R
ORCHARD
MONTHLY BUDGET FINANCIAL STATUS UPDATE
To: Mayor and Council members
From: Noah Crocker, Finance Director
Period: October 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 October 31, 2023, 74% of budgeted revenues were received. However, excluding Other financing from the
calculation the city has collected 100% of budgeted revenues.
The table provides budget versus actual (YTD) data by source of revenue
Aevenues
2023
2023 Current
0
Received
Revenue Source
•
dge
Current
Property Tax
Budget
2,223,000
2,223,000
2,146,810
iv
Re ce e;
96.57%
PeriodBudget
903,894
Sales Tax
6,565,000
6,865,000
6,409,143
93.36%
653,847
Other Taxes
rr 2,136,000
PF 2,268,807
2,493,675
109.91%
408,809
1,966,550
Total Taxes
10,924,000
11,356,807
11,049,628
97.30 ,
Licenses & Permits
600,400
1,130,400
1,271,425
112.48%
83,044
Intergovernmental Revenue
432,500
636,980
600,579
94.29%
27,063
Charges for Goods & Services
448,600
626,100
635,775
101.55%
21,543
Fines & Penalties
128,000
88,000
95,048
108.01%
9,646
Misc Revenues
122,200
557,746
732,714
131.37%
80,409
Non -Revenues
-
-
3,160
#DIV/0!
603
Other Financing
0.03%
(Capital Contributions)
-
5,000,000
1,675
-
REVENUE TOTALS 12,655,700 19,396,032 14,390,004 74.19%
2,188,858
SALES TAX REVENUES SUMMARY
• Total 2023 Budget: $6,865,000
• Total 2023 YTD Actuals: $6,409,143
• Year -to -Date Actual revenue collected is 0.80% higher when compared to Prior Year -to Date Actuals
• Year -to -Date Actual revenue collected is 13.08% 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.
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
0
Q
Table 2: provides current
data for sales tax revenue
collected Year-to-date.
Monthly Sales Tax -Three Year Comparison
■
■ 2021 Ac[ual
■ 2022 Ac[ual
■ 2023 HDActual
;P' NO pei Qe�
e
$800,000 Sales Tax Revenues
$700,000
$600,000
$500,000
$400,000 Actuals2023 Budget 2023
$300,000
$200,000
$100,000
� e°`JaCA �atr PQ�\ �a1 �m ,��� PJ$�y� �i oc�o� et et
1t
Real Estate Excise Tax (REET) Fund 109 and Impact Mitigation Fee Fund 111
The City's Real Estate Excise Tax receipts fluctuate monthly. October 2023 receipts are higher than October 2022
by 2.20%. Total Real estate Excise Tax revenues have a YTD growth rate of 7.05%. The table below shows
balances through October 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 October 2023 are as follows:
o Parks $93,334
o Transportation $95,178
o School District Impact $24,674
REET revenues received in October:
o REET 1 $77,175
o REET 2 $77,175
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 the end of October 2023. The City Hall construction has
started in October 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 $3,909,613 for 2023. Through October,
the City has received $3,610,359 or —93% 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 $2,477,769 through October representing —73% 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 $1,066,675 for transfers. A total of $3,485 was
transferred out to fund 413 for Well 11 and Water Main Replacement expenses and a total of $136,465 was
transferred out to fund 414 for Well 13 & Well 11 Debt Service payments
Water Service Payments
700,000
600,000
500,000 —
400,000 —
300,000 —
200,000 —
100,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov ❑ec
■ 2021
■ 2022
■ 2023
Sewer operation — Sewer operations budgeted revenue in the amount of $5,696,424 is budgeted for 2023.
Through October, the City has received $5,434,761 or —95% of the 2023 budgeted revenues. Sewer Operations
expended $3,567,646 through October representing —72% 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 $570,800 for transfers. A total of $838 was transferred out to fund 433 for
Marina Pump Station expenses.
Sewer Service Payments
700,000
600,000
500,000
400,000 ■ 2021
300,000 ■ 2022
■ 2023
200,000 —
100,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov ❑ec
Storm Drainage operations- Storm Operations budgeted revenue in the amount of $1,745,100 for 2023. Through
October, the City has received $1,777,750 or "2% over its annual budgeted revenue. Storm Drainage Operations
expended $1,212,501 through October representing —60% 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 $378,200 for transfers. There were no transfers in October.
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
Storm Drainage Payments
Jan Feb Mar Apr May Jun
4
Jul Aug Sep Oct Nov ❑ec
■ 2021
■ 2022
■ 2023
Budget Report OPERATIONS BUDGET For Fiscal: 2023 Period Ending: 10/31/2023
Group Summary
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Departmen...
Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Remaining
Fund: 001- Current Expense
Revenue
00 - Revenues
12,655,700.00
19,396,032.27
2,188,857.95
14,390,003.88
-5,006,028.39
25.81%
Revenue Total:
12,655,700.00
19,396,032.27
2,188,857.95
14,390,003.88
-5,006,028.39
25.81%
Expense
01- Finance
1,102,600.00
1,102,600.00
60,783.06
779,437.61
323,162.39
29.31%
02 - Court
742,800.00
742,800.00
45,203.49
449,268.28
293,531.72
39.52%
03 - Law Enforcement
5,795,350.00
5,745,150.00
378,712.52
3,941,839.81
1,803,310.19
31.39%
04 - Community Development
2,448,085.00
3,546,270.00
164,797.36
2,266,374.30
1,279,895.70
36.09%
05 - Public Works
2,249,300.00
2,153,645.00
71,258.79
1,388,998.77
764,646.23
35.50%
06 - Miscellaneous
6,290,000.00
10,502,800.00
29,177.77
1,576,475.16
8,926,324.84
84.99%
07 - Administration
1,800,120.00
1,800,120.00
136,363.12
1,314,460.72
485,659.28
26.98%
Expense Total:
20,428,255.00
25,593,385.00
886,296.11
11,716,854.65
13,876,530.35
54.22%
Fund: 001- Current Expense Surplus (Deficit):
-7,772,555.00
-6,197,352.73
1,302,561.84
2,673,149.23
8,870,501.96
143.13%
Fund: 002 - City Street Fund
Revenue
00 - Revenues
3,553,504.00
4,376,585.35
622,126.76
2,834,973.57
-1,541,611.78
35.22%
Revenue Total:
3,553,504.00
4,376,585.35
622,126.76
2,834,973.57
-1,541,611.78
35.22%
Expense
05 - Public Works
3,482,796.00
4,012,646.00
149,715.68
2,103,195.39
1,909,450.61
47.59%
Expense Total:
3,482,796.00
4,012,646.00
149,715.68
2,103,195.39
1,909,450.61
47.59%
Fund: 002 - City Street Fund Surplus (Deficit):
70,708.00
363,939.35
472,411.08
731,778.18
367,838.83
-101.07%
Fund: 003 - Stabilization Fund
Revenue
00 - Revenues
180,000.00
180,040.46
13,778.63
303,324.55
123,284.09
68.48%
Revenue Total:
180,000.00
180,040.46
13,778.63
303,324.55
123,284.09
68.48%
Fund: 003 - Stabilization Fund Total:
180,000.00
180,040.46
13,778.63
303,324.55
123,284.09
68.48%
Fund: 103 - Criminal Justice
Revenue
00 - Revenues
391,000.00
391,074.72
55,014.60
415,875.71
24,800.99
6.34%
Revenue Total:
391,000.00
391,074.72
55,014.60
415,875.71
24,800.99
6.34%
Expense
03 - Law Enforcement
629,900.00
629,900.00
44,162.55
360,393.07
269,506.93
42.79%
Expense Total:
629,900.00
629,900.00
44,162.55
360,393.07
269,506.93
42.79%
Fund: 103 - Criminal Justice Surplus (Deficit):
-238,900.00
-238,825.28
10,852.05
55,482.64
294,307.92
123.23%
Fund: 104 - Special Investigative Unit
Revenue
00 - Revenues
4,000.00
4,004.54
297.30
2,680.99
-1,323.55
33.05%
Revenue Total:
4,000.00
4,004.54
297.30
2,680.99
-1,323.55
33.05%
Expense
03 - Law Enforcement
4,000.00
4,000.00
300.00
300.00
3,700.00
92.50%
Expense Total:
4,000.00
4,000.00
300.00
300.00
3,700.00
92.50%
Fund: 104 - Special Investigative Unit Surplus (Deficit):
0.00
4.54
-2.70
2,380.99
2,376.45 52,344.71%
Fund: 107 - Community Events
Revenue
00 - Revenues
125,200.00
125,219.81
21,271.87
150,338.11
25,118.30
20.06%
Revenue Total:
125,200.00
125,219.81
21,271.87
150,338.11
25,118.30
20.06%
Expense
07 - Administration
125,200.00
125,200.00
2,912.77
25,746.73
99,453.27
79.44%
Expense Total:
125,200.00
125,200.00
2,912.77
25,746.73
99,453.27
79.44%
Fund: 107 - Community Events Surplus (Deficit):
0.00
19.81
18,359.10
124,591.38
124,571.57 28,831.75%
11/22/2023 1:49:38 PM
Page 13 of 17
Budget Report
For Fiscal: 2023 Period Ending: 10/31/2023
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
180.69
1,669.53
653.60
64.34%
Revenue Total:
1,000.00
1,015.93
180.69
1,669.53
653.60
64.34%
Fund: 108 - Paths & Trails Total:
1,000.00
1,015.93
180.69
1,669.53
653.60
64.34%
Fund: 109 - Real Estate Excise Tax
Revenue
00 - Revenues
800,000.00
1,800,092.62
167,411.84
1,901,949.31
101,856.69
5.66%
Revenue Total:
800,000.00
1,800,092.62
167,411.84
1,901,949.31
101,856.69
5.66%
Expense
06-Miscellaneous
3,854,500.00
3,816,485.39
26,142.27
586,125.69
3,230,359.70
84.64%
Expense Total:
3,854,500.00
3,816,485.39
26,142.27
586,125.69
3,230,359.70
84.64%
Fund: 109 - Real Estate Excise Tax Surplus (Deficit):
-3,054,500.00
-2,016,392.77
141,269.57
1,315,823.62
3,332,216.39
165.26%
Fund: 111 - Impact Mitigation Fee
Revenue
00 - Revenues
5,669,300.00
5,669,344.72
244,813.05
4,461,241.80
-1,208,102.92
21.31%
Revenue Total:
5,669,300.00
5,669,344.72
244,813.05
4,461,241.80
-1,208,102.92
21.31%
Expense
06-Miscellaneous
3,695,300.00
4,382,590.00
123,490.41
1,672,282.55
2,710,307.45
61.84%
Expense Total:
3,695,300.00
4,382,590.00
123,490.41
1,672,282.55
2,730,307.45
61.84%
Fund: 111- Impact Mitigation Fee Surplus (Deficit):
1,974,000.00
1,286,754.72
121,322.64
2,788,959.25
1,502,204.53
-116.74%
Fund: 206 - Bond Redemption Fund
Revenue
00 - Revenues
300,400.00
400,400.00
0.00
299,652.28
-100,747.72
25.16%
Revenue Total:
300,400.00
400,400.00
0.00
299,652.28
-100,747.72
25.16%
Expense
06-Miscellaneous
300,400.00
300,400.00
0.00
299,652.28
747.72
0.25%
Expense Total:
300,400.00
300,400.00
0.00
299,652.28
747.72
0.25%
Fund: 206 - Bond Redemption
Fund Surplus (Deficit):
0.00
100,000.00
0.00
0.00
-100,000.00
100.00%
Fund: 411- Water Operating
Revenue
00 - Revenues 3,712,000.00 3,909,613.25 611,983.08 3,610,359.19-299,254.06 7.65%
Revenue Total: 3,712,000.00 3,909,613.25 611,983.08 3,610,359.19-299,254.06 7.65%
Expense
05 - Public Works
06 - Miscellaneous
Expense Total
Fund: 411 - Water Operating Surplus (Deficit)
Fund: 412 - Water Stabilization
Revenue
00 - Revenues
3,190,850.00 3,366,830.00 222,941.60 2,477,769.48 889,060.52 26.41%
790,550.00 1,066,675.00 139,951.23 509,384.79 557,290.21 52.25%
3,981,400.00 4,433,505.00 362,892.83 2,987,154.27 1,446,350.73 32.62%
-269,400.00-523,891.75 249,090.25 623,204.92 1,147,096.67 218.96%
0.00
Revenue Total: 0.00
Fund: 412 - Water Stabilization Total: 0.00
93.84 4,598.73 41,375.60 41,281.76 43,991.65%
93.84 4,598.73 41,375.60 41,281.7643,991.65%
93.84 4,598.73 41,375.60 41,281.7643,991.65%
Fund: 414 - Water Debt Service
Revenue
00 - Revenues 563,400.00 695,630.00 521,842.44 640,038.63-55,591.37 7.99%
Revenue Total: 563,400.00 695,630.00 521,842.44 640,038.63-55,591.37 7.99%
Expense
06 - Miscellaneous 563,400.00 695,600.00 521,842.44 640,038.63 55,561.37 7.99%
Expense Total: 563,400.00 695,600.00 521,842.44 640,038.63 55,561.37 7.99%
Fund: 414 - Water Debt Service Surplus (Deficit): 0.00 30.00 0.00 0.00 -30.00 100.00%
11/22/2023 1:49:38 PM
Page 14 of 17
Budget Report
For Fiscal: 2023 Period Ending: 10/31/2023
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
159,621.92
1,777,749.95
32,568.34 1.87%
Revenue Total:
1,745,100.00
1,745,181.61
159,621.92
1,777,749.95
32,568.34 1.87%
Expense
05 - Public Works
2,030,852.00
2,032,222.00
100,855.85
1,212,501.16
819,720.84 40.34%
06 - Miscellaneous
778,200.00
378,200.00
0.00
236,669.06
141,530.94 37.42%
Expense Total:
2,809,052.00
2,410,422.00
100,855.85
1,449,170.22
961,251.78 39.88%
Fund: 421- Storm Drainage Utility Surplus (Deficit):
-1,063,952.00
-665,240.39
58,766.07
328,579.73
993,820.12 149.39%
Fund: 422 - Storm Drainage Stabilization
Revenue
00 - Revenues
0.00
33.58
2,583.75
23,246.50
23,212.92 69,127.22%
Revenue Total:
0.00
33.58
2,583.75
23,246.50
23,212.92 69,127.22%
Fund: 422 - Storm Drainage Stabilization Total:
0.00
33.58
2,583.75
23,246.50
23,212.92 69,127.22%
Fund: 424 - Storm Drainage Debt Service
Revenue
00 - Revenues
178,200.00
178,250.00
0.00
177,876.54
-373.46 0.21%
Revenue Total:
178,200.00
178,250.00
0.00
177,876.54
-373.46 0.21%
Expense
06 - Miscellaneous 178,200.00 178,200.00 0.00
Expense Total: 178,200.00 178,200.00 0.00
Fund: 424 - Storm Drainage Debt Service Surplus (Deficit): 0.00 50.00 0.00
Fund: 431- Sewer Operating
Revenue
177,876.54
177,876.54
0.00
323.46 0.18%
323.46 0.18%
-50.00 100.00%
00 - Revenues 5,696,400.00 5,696,424.61 657,542.42 5,434,761.01-261,663.60 4.59%
Revenue Total: 5,696,400.00 5,696,424.61 657,542.42 5,434,761.01-261,663.60 4.59%
Expense
05 - Public Works
4,857,032.00
4,948,402.00
347,984.39
3,567,646.19
1,380,755.81 27.90%
06 - Miscellaneous
563,000.00
570,800.00
838.82
21,751.27
549,048.73 96.19%
Expense Total:
5,420,032.00
5,519,202.00
348,823.21
3,589,397.46
1,929,804.54 34.97%
Fund: 431- Sewer Operating Surplus (Deficit):
276,368.00
177,222.61
308,719.21
1,845,363.55
1,668,140.94-941.27%
Fund: 432 - Sewer Stabilization
Revenue
00 - Revenues
0.00
30.18
6,882.20
61,920.42
61,890.24 05,070.38%
Revenue Total:
0.00
30.18
6,882.20
61,920.42
61,890.2405,070.38%
Fund: 432 - Sewer Stabilization Total:
0.00
30.18
6,882.20
61,920.42
61,890.2405,070.38%
Fund: 434 - Sewer Debt Service
Revenue
00 - Revenues
298,700.00
300,601.67
2,659.48
41,274.08
-259,327.59 86.27%
Revenue Total:
298,700.00
300,601.67
2,659.48
41,274.08
-259,327.59 86.27%
Expense
06 - Miscellaneous
Expense Total
Fund: 434 - Sewer Debt Service Surplus (Deficit)
Fund: 500 - Equipment Rental and Revolving
Revenue
00 - Revenues 1,869,500.00 1,887,017.83 69,773.35 1,322,967.30-564,050.53 29.89%
Revenue Total: 1,869,500.00 1,887,017.83 69,773.35 1,322,967.30-564,050.53 29.89%
23,700.00 25,500.00
23,700.00 25,500.00
275,000.00 275,101.67
0.00 17,346.30 8,153.70 31.98%
0.00 17,346.30 8,153.70 31.98%
2,659.48 23,927.78-251,173.89 91.30%
Expense
10 - ER&R 4,064,700.00 4,082,200.00 51,334.61 875,143.30 3,207,056.70 78.56%
11/22/2023 1:49:38 PM Page 15 of 17
Budget Report
Departmen...
For Fiscal: 2023 Period Ending: 10/31/2023
Variance
Original Current Period Fiscal Favorable Percent
Total Budget Total Budget Activity Activity (Unfavorable) Remaining
Expense Total: 4,064,700.00 4,082,200.00
Fund: 500 - Equipment Rental and Revolving Surplus (Deficit):-2,195,200.00-2,195,182.17
Report Surplus (Deficit):-11,817,431.00-9,452,548.40
51,334.61 875,143.30 3,207,056.70 78.56%
18,438.74 447,824.00 2,643,006.17 120.40%
2,732,471.33 11,392,601.87 20,845,150.27 220.52%
11/22/2023 1:49:38 PM Page 16 of 17
(,�V City of Port Orchard
ORCHARD
Account Typ...
Fund: 302 - Capital Construction
Revenue
Expense
CAPITAL BUDGET Budget Report
Fund: 302 - Capital Construction Surplus (Deficit)
Fund: 304 - Street Capital Projects
Group Summary
For Fiscal: 2023 Period Ending: 10/31/2023
Variance
Original Current Period Fiscal Favorable Percent
Total Budget Total Budget Activity Activity (Unfavorable) Remaining
2,053,500.00 18,873,900.00 149,561.41 1,933,169.45-16,940,730.55 89.76%
1,808,400.00 18,280,700.00 103,638.12 2,344,231.86 15,936,468.14 87.18%
245,100.00 593,200.00 45,923.29-411,062.41-1,004,262.41 169.30%
Revenue
13,478,100.00
14,645,400.00
129,357.05
923,791.64
-13,721,608.36
93.69%
Expense
12,095,700.00
12,047,210.12
194,733.83
940,991.49
11,106,218.63
92.19%
Fund: 304 - Street Capital Projects Surplus (Deficit):
1,382,400.00
2,598,189.88
-65,376.78
-17,199.85
-2,615,389.73
100.66%
Fund: 413 - Water Capital
Revenue
16,450,700.00
20,463,100.00
145,952.51
2,627,072.28
-17,836,027.72
87.16%
Expense
10,540,600.00
10,309,675.00
404,228.30
977,826.74
9,331,848.26
90.52%
Fund: 413 - Water Capital Surplus (Deficit):
5,910,100.00
10,153,425.00
-258,275.79
1,649,245.54
-8,504,179.46
83.76%
Fund: 423 - Storm Drainage Capital Facil
Revenue
1,194,500.00
793,200.00
460.58
63,588.14
-729,611.86
91.98%
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
460.58
-492,204.38
-585,404.38
628.12%
Fund: 433 - Sewer Capital
Revenue 25,532,700.00 25,965,700.00 133,171.88 3,064,639.91-22,901,060.09 88.20%
Expense 14,632,900.00 14,638,900.00 24,203.44 592,548.83 14,046,351.17 95.95%
Fund: 433 - Sewer Capital Surplus (Deficit): 10,899,800.00 11,326,800.00 108,968.44 2,472,091.08-8,854,708.92 78.17%
Report Surplus (Deficit): 18,531,900.00 24,764,814.88-168,300.26 3,200,869.98-21,563,944.90 87.07%
11/22/2023 1:50:03 PM Page 1 of 2
Detail Report CASH & INVESTMENTS Date Range: 10/01/2023 - 10/31/2023
Fund Summary
Fund
Beginning Balance
Total Activity
Ending Balance
001- Current Expense
15,679,343.66
1,302,561.84
16,981,905.50
002 - City Street Fund
3,030,534.75
472,411.08
3,502,945.83
003 - Stabilization Fund
3,030,505.46
13,778.63
3,044,284.09
103 - Criminal Justice
692,355.87
10,852.05
703,207.92
104 - Special Investigative Unit
100,279.15
-2.70
100,276.45
107 - Community Events
428,012.47
18,359.10
446,371.57
108 - Paths & Trails
15,272.91
180.69
15,453.60
109 - Real Estate Excise Tax
5,357,261.43
141,269.57
5,498,531.00
111- Impact Mitigation Fee
7,972,191.89
121,322.64
8,093,514.53
206 - Bond Redemption Fund
0.00
0.00
0.00
302 - Capital Construction
90,645.40
45,923.29
136,568.69
304 - Street Capital Projects
2,347,227.74
-65,376.78
2,281,850.96
401- Water -Sewer Utilities
0.00
0.00
0.00
403 - Water -Sewer Cumulative Reserve
0.00
0.00
0.00
411- Water Operating
4,504,983.24
249,090.25
4,754,073.49
412 - Water Stabilization
1,003,183.03
4,598.73
1,007,781.76
413 - Water Capital
9,466,462.62
-258,275.79
9,208,186.83
414 - Water Debt Service
0.00
0.00
0.00
421- Storm Drainage Utility
1,680,532.05
58,766.07
1,739,298.12
422 - Storm Drainage Stabilization
563,629.17
2,583.75
566,212.92
423 - Storm Drainage Capital Facil
100,472.47
460.58
100,933.05
424 - Storm Drainage Debt Service
0.00
0.00
0.00
431- Sewer Operating
7,445,319.73
308,719.21
7,754,038.94
432 - Sewer Stabilization
1,501,308.04
6,882.20
1,508,190.24
433 - Sewer Capital
8,145,879.11
108,968.44
8,254,847.55
434 - Sewer Debt Service
580,146.63
2,659.48
582,806.11
500 - Equipment Rental and Revolving
4,419,467.43
18,438.74
4,437,906.17
631- Trust and Agency
13,862.55
-4,489.50
9,373.05
632 - Wastewater Treatment Facil Fee
5,899,036.27
66,681.99
5,965,718.26
Grand Total:
84,067,913.07
2,626,363.56
86,694,276.63
11/22/2023 1:50:18 PM
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