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2024.04 Monthly Budget ReportO R ORCHARD MONTHLY BUDGET FINANCIAL STATUS UPDATE To: Mayor and Council members From: Noah Crocker, Finance Director Period: Apri12024 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. • The percentage 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 April 30, 2024, 50% of budgeted revenues were received. The table provides budget versus actual (YTD) data by source of revenue. 024 2024 Current Revenue Source Original Budget 2024 YTD Budget Property Tax Budget 2,245,000 2,407,886 1,127,133 Received 46.81% Sales Tax 6,895,000 6,895,000 2,538,575 36.82% Other Taxes 2,156, 000 2,156, 000 1,206,030 55.94% Total Taxes 11,296,000 11,458,886 4,871,737 42.51% Licenses & Permits 601,200 601,200 621,529 103.38% Intergovernmental Revenue 291,700 488,200 189,373 38.79% Charges for Goods & Services 448,600 398,600 357,133 89.60% Fines & Penalties 128,000 128,000 32,377 25.29% Misc Revenues 121,500 46,500 384,212 826.26% Non -Revenues - - 4,401 #DIV/0! Other Financing #DIV/0! (Capital Contributions) - - 8,871 REVENUE TOTALS 12,887,000 13,121,386 6,469,634 49.31% SALES TAX REVENUES SUMMARY 1,019,526 574,283 462,701 2,056,509 138,868 79,579 46,662 10,823 81,177 3,152 16.769 • Total 2024 Budget: $6,895,000 • Total 2024 YTD Actuals: $2,538,575 • Year -to -Date Actual revenue collected is 3.45% higher when compared to Prior Year -to Date Actuals • Year -to -Date Actual revenue collected is 22.17% higher when compared to Year -to Date Budgeted The following tables provide additional sales tax information: Toble 1: shows revenue received by month over a three-year period. Monthly Sales Tax -Three Year Comparison 800,000 700,000 .]@2RCWal 600,000 ■]@3 RCW al 02@4 ffDR,,I 500,000 400,000 300,000 200,000 100,000 0 V9 �a� ,J�e ,pA acJaCA ��ac� el`a�� 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 AA -1�2024 au,% 2024 $300,000 $200,000 $100,000 Real Estate Excise Tax (REET) Fund 109 and Impact Mitigation Fee Fund 111 The City's Real Estate Excise Tax receipts fluctuate monthly. April 2024 receipts are Higher than April 2023 by 1.32%. Total Real estate Excise Tax revenues have a YTD growth rate of-4.63%. The table below shows balances through April 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 2024 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 April 2024 are as follows: o Parks $143,145 o Transportation $150,787 o School District Impact $39,754 REET revenues received in April: o REET 1 $76,136 o REET 2 $76,136 Capital Construction Fund 302 —The City Hall construction is underway with the Roof complete. The siding and windows are in the process of being replaced. The 2nd floor renovations have begun with an anticipated completion date by Mid -June. Additionally, the Solar Canopy is anticipated to start mid -June. The estimated substantial completion date for this project is September 2024 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 $3,949,000 for 2024. Through April, the city has received $1,285,380 or ^33% of the 2024 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 $1,760,034 through April representing —43% of the 2024 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 2024 budget includes $1,578,445 for transfers. A total of $16,995 was transferred out to fund 413 for Well 11 and TIP 1.16 expenses. 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 ■ 2022 ■ 2023 ■ 2024 Sewer operation — Sewer operations budgeted revenue in the amount of $5,701,000 is budgeted for 2024. Through April, the city has received $2,356,487 or —42% of the 2024 budgeted revenues. Sewer Operations expended $1,420,340 through April representing —26% of the 2024 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 2024 budget includes $1,154,720 for transfers. A total of $2,091 was transferred out to fund 433 for Marina Pump Station and TIP 1.16 expenses. 700,000.00 600,000.00 500,000.00 400,000.00 300,000.00 200,000.00 100,000.00 Sewer Service Payments Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov ❑ec ■ 2022 ■ 2023 ■ 2024 Storm Drainage operations- Storm Operations budgeted revenue in the amount of $1,745,000 for 2024. Through April, the city has received $704,375 or —41% over its annual budgeted revenue. Storm Drainage Operations expended $429,735 through April representing —23% of the 2024 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 2024 budget includes $320,150 for transfers. There were no transfers out for the month. Storm Drainage Payments 180,000 160,000 140,000 120,000 100,000 i 80,000 60,000 i 40,000 20,000 i Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec FIPI#yx] ■ 2023 ■ 2024 Budget Report Operations Budget For Fiscal: 2024 Period Ending: 04/30/2024 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 12,887,000.00 13,121,386.00 2,416,769.21 6,469,633.91 -6,651,752.09 50.69% Revenue Total: 12,887,000.00 13,121,386.00 2,416,769.21 6,469,633.91 -6,651,752.09 50.69% Expense 01- Finance 1,107,300.00 1,409,300.00 65,267.39 381,984.58 1,027,315.42 72.90% 02 - Court 797,000.00 797,000.00 41,541.61 182,480.24 614,519.76 77.10% 03 - Law Enforcement 6,017,120.00 6,793,080.00 447,256.13 1,890,560.91 4,902,519.09 72.17% 04 - Community Development 2,395,850.00 2,966,370.00 280,974.00 852,167.01 2,114,202.99 71.27% 05 - Public Works 2,216,887.00 2,593,257.00 89,384.51 764,956.58 1,828,300.42 70.50% 06 - Miscellaneous 0.00 2,000,000.00 12,142.79 25,926.70 1,974,073.30 98.70% 07 - Administration 1,888,531.00 1,961,531.00 113,614.44 541,218.42 1,420,312.58 72.41% Expense Total: 14,422,688.00 18,520,538.00 1,050,180.87 4,639,294.44 13,881,243.56 74.95% Fund: 001- Current Expense Surplus (Deficit): -1,535,688.00 -5,399,152.00 1,366,588.34 1,830,339.47 7,229,491.47 133.90% Fund: 002 - City Street Fund Revenue 00 - Revenues 1,731,004.00 1,830,547.00 678,258.69 1,145,515.17 -685,031.83 37.42% Revenue Total: 1,731,004.00 1,830,547.00 678,258.69 1,145,515.17 -685,031.83 37.42% Expense 05 - Public Works 2,665,396.00 2,823,666.00 91,713.48 541,788.36 2,281,877.64 80.81% Expense Total: 2,665,396.00 2,823,666.00 91,713.48 541,788.36 2,281,877.64 80.81% Fund: 002 - City Street Fund Surplus (Deficit): -934,392.00 -993,119.00 586,545.21 603,726.81 1,596,845.81 160.79% Fund: 003 - Stabilization Fund Revenue 00 - Revenues 0.00 0.00 13,700.35 55,017.07 55,017.07 0.00% Fund: 103 - Criminal Justice Revenue 00 - Revenues Expense 03 - Law Enforcement Revenue Total Fund: 003 - Stabilization Fund Total 0.00 0.00 13,700.35 55,017.07 55,017.07 0.00% 0.00 0.00 13,700.35 55,017.07 55,017.07 0.00% 384,000.00 384,000.00 53,828.10 181,978.45-202,021.55 52.61% Revenue Total: 384,000.00 384,000.00 53,828.10 181,978.45-202,021.55 52.61% Expense Total: Fund: 103 - Criminal Justice Surplus (Deficit): Fund: 104 - Special Investigative Unit Revenue 00 - Revenues Revenue Total 495,100.00 637,100.00 8,100.59 28,015.66 609,084.34 95.60% 495,100.00 637,100.00 8,100.59 28,015.66 609,084.34 95.60% -111,100.00-253,100.00 45,727.51 153,962.79 407,062.79 160.83% 4,000.00 4,000.00 349.31 1,580.34-2,419.66 60.49% 4,000.00 4,000.00 349.31 1,580.34-2,419.66 60.49% 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 0.00 349.31 1,580.34 1,580.34 0.00% Fund: 107 - Community Events Revenue 00 - Revenues 102,200.00 102,200.00 13,084.84 49,696.64 -52,503.36 51.37% Revenue Total: 102,200.00 102,200.00 13,084.84 49,696.64 -52,503.36 51.37% Expense 07 - Administration 102,200.00 127,200.00 0.00 8,351.69 118,848.31 93.43% Expense Total: 102,200.00 127,200.00 0.00 8,351.69 118,848.31 93.43% Fund: 107 - Community Events Surplus (Deficit): 0.00 -25,000.00 13,084.84 41,344.95 66,344.95 265.38% 5/16/2024 1:16:32 PM Page 13 of 17 Budget Report For Fiscal: 2024 Period Ending: 04/30/2024 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 1,000.00 163.41 681.72 -318.28 31.83% Revenue Total: 1,000.00 1,000.00 163.41 681.72 -318.28 31.83% Fund: 108 - Paths & Trails Total: 1,000.00 1,000.00 163.41 681.72 -318.28 31.83% Fund: 109 - Real Estate Excise Tax Revenue 00 - Revenues 800,000.00 1,600,000.00 170,984.91 573,064.87 -1,026,935.13 64.18% Revenue Total: 800,000.00 1,600,000.00 170,984.91 573,064.87 -1,026,935.13 64.18% Expense 06 - Miscellaneous 298,000.00 1,397,000.00 26,130.49 56,538.55 1,340,461.45 95.95% Expense Total: 298,000.00 1,397,000.00 26,130.49 56,538.55 1,340,461.45 95.95% Fund: 109 - Real Estate Excise Tax Surplus (Deficit): 502,000.00 203,000.00 144,854.42 516,526.32 313,526.32 -154.45% Fund: 111- Impact Mitigation Fee Revenue 00 - Revenues 5,207,900.00 5,207,900.00 370,999.06 1,724,708.23 -3,483,191.77 66.88% Revenue Total: 5,207,900.00 5,207,900.00 370,999.06 1,724,708.23 -3,483,191.77 66.88% Expense 06 - Miscellaneous 1,103,300.00 2,495,300.00 68,499.03 295,482.12 2,199,817.88 88.16% Expense Total: 1,103,300.00 2,495,300.00 68,499.03 295,482.12 2,199,817.88 88.16% Fund: 111- Impact Mitigation Fee Surplus (Deficit) Fund: 206 - Bond Redemption Fund Revenue 00 - Revenues 4,104,600.00 2,712,600.00 302,500.03 1,429,226.11-1,283,373.89 47.31% 298,000.00 1,397,000.00 449.71 27,209.85-1,369,790.15 98.05% Revenue Total: 298,000.00 1,397,000.00 449.71 27,209.85-1,369,790.15 98.05% Expense 06 - Miscellaneous 298,000.00 995,410.00 0.00 25,403.95 970,006.05 97.45% Expense Total: 298,000.00 995,410.00 0.00 25,403.95 970,006.05 97.45% Fund: 206 - Bond Redemption Fund Surplus (Deficit): 0.00 401,590.00 449.71 1,805.90 -399,784.10 99.55% Fund: 411- Water Operating Revenue 00 - Revenues 3,949,000.00 3,949,000.00 368,351.98 1,285,380.32 -2,663,619.68 67.45% Revenue Total: 3,949,000.00 3,949,000.00 368,351.98 1,285,380.32 -2,663,619.68 67.45% Expense 05 - Public Works 3,138,532.00 4,180,312.00 636,686.22 1,760,034.13 2,420,277.87 57.90% 06 - Miscellaneous 555,800.00 1,578,445.00 16,994.99 38,653.18 1,539,791.82 97.55% Expense Total: 3,694,332.00 5,758,757.00 653,681.21 1,798,687.31 3,960,069.69 68.77% Fund: 411- Water Operating Surplus (Deficit): 254,668.00 -1,809,757.00 -285,329.23 -513,306.99 1,296,450.01 71.64% Fund: 412 - Water Stabilization Revenue 00 - Revenues 0.00 100,000.00 4,572.64 18,362.51 -81,637.49 81.64% Revenue Total: 0.00 100,000.00 4,572.64 18,362.51 -81,637.49 81.64% Fund: 412 - Water Stabilization Total: 0.00 100,000.00 4,572.64 18,362.51 -81,637.49 81.64% Fund: 414 - Water Debt Service Revenue 00 - Revenues 939,200.00 2,400,670.00 32,000.00 44,365.15-2,356,304.85 98.15% Revenue Total: 939,200.00 2,400,670.00 32,000.00 44,365.15-2,356,304.85 98.15% Expense 06 - Miscellaneous 939,200.00 1,144,970.00 32,000.00 44,365.15 1,100,604.85 96.13% Expense Total: 939,200.00 1,144,970.00 32,000.00 44,365.15 1,100,604.85 96.13% Fund: 414 - Water Debt Service Surplus (Deficit): 0.00 1,255,700.00 0.00 0.00-1,255,700.00 100.00% 5/16/2024 1:16:32 PM Page 14 of 17 Budget Report For Fiscal: 2024 Period Ending: 04/30/2024 Variance Original Current Period Fiscal Favorable Percent Departmen... Total Budget Total Budget Activity Activity (Unfavorable) Remaining Fund: 421- Storm Drainage Utility Revenue 00 - Revenues 1,745,000.00 1,745,000.00 174,631.01 704,375.03 -1,040,624.97 59.63% Revenue Total: 1,745,000.00 1,745,000.00 174,631.01 704,375.03 -1,040,624.97 59.63% Expense 05 - Public Works 1,819,352.00 1,850,002.00 79,102.01 429,734.82 1,420,267.18 76.77% 06 - Miscellaneous 277,100.00 320,150.00 0.00 21,941.71 298,208.29 93.15% Expense Total: 2,096,452.00 2,170,152.00 79,102.01 451,676.53 1,718,475.47 79.19% Fund: 421- Storm Drainage Utility Surplus (Deficit): -351,452.00 -425,152.00 95,529.00 252,698.50 677,850.50 159.44% Fund: 422 - Storm Drainage Stabilization Revenue 00 - Revenues 0.00 0.00 2,569.09 10,316.80 10,316.80 0.00% Revenue Total: 0.00 0.00 2,569.09 10,316.80 10,316.80 0.00% Fund: 422 - Storm Drainage Stabilization Total Fund: 424 - Storm Drainage Debt Service Revenue 0.00 0.00 2,569.09 10,316.80 10,316.80 0.00% 00 - Revenues 177,100.00 220,150.00 0.00 21,941.71 -198,208.29 90.03% Revenue Total: 177,100.00 220,150.00 0.00 21,941.71 -198,208.29 90.03% Expense 06 - Miscellaneous 177,100.00 220,150.00 0.00 21,941.71 198,208.29 90.03% Expense Total: 177,100.00 220,150.00 0.00 21,941.71 198,208.29 90.03% 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 5,701,000.00 5,701,000.00 728,321.75 2,356,487.57 -3,344,512.43 58.67% Revenue Total: 5,701,000.00 5,701,000.00 728,321.75 2,356,487.57 -3,344,512.43 58.67% Expense 05 - Public Works 4,889,732.00 5,597,612.00 170,446.53 1,420,340.18 4,177,271.82 74.63% 06 - Miscellaneous 709,900.00 1,154,720.00 2,091.54 8,383.10 1,146,336.90 99.27% Expense Total: 5,599,632.00 6,752,332.00 172,538.07 1,428,723.28 5,323,608.72 78.84% Fund: 431- Sewer Operating Surplus (Deficit): 101,368.00 -1,051,332.00 555,783.68 927,764.29 1,979,096.29 188.25% Fund: 432 - Sewer Stabilization Revenue 00 - Revenues 0.00 100,000.00 6,843.15 27,480.31 -72,519.69 72.52% Revenue Total: 0.00 100,000.00 6,843.15 27,480.31 -72,519.69 72.52% Fund: 432 - Sewer Stabilization Total: 0.00 100,000.00 6,843.15 27,480.31 -72,519.69 72.52% Fund: 434 - Sewer Debt Service Revenue 00 - Revenues 678,900.00 1,067,720.00 3,881.08 15,585.40 -1,052,134.60 98.54% Revenue Total: 678,900.00 1,067,720.00 3,881.08 15,585.40 -1,052,134.60 98.54% Expense 06 - Miscellaneous 403,900.00 465,970.00 0.00 0.00 465,970.00 100.00% Expense Total: 403,900.00 465,970.00 0.00 0.00 465,970.00 100.00% Fund: 434 - Sewer Debt Service Surplus (Deficit): 275,000.00 601,750.00 3,881.08 15,585.40 -586,164.60 97.41% Fund: 500 - Equipment Rental and Revolving Revenue 00 - Revenues 1,309,800.00 3,378,200.00 12,043.79 273,503.00 -3,104,697.00 91.90% Revenue Total: 1,309,800.00 3,378,200.00 12,043.79 273,503.00 -3,104,697.00 91.90% Expense 10 - ER&R 801,600.00 1,165,100.00 207,343.74 1,276,863.51 -111,763.51 -9.59% 15 of 17 5/16/2024 1:16:32 PM Page Budget Report For Fiscal: 2024 Period Ending: 04/30/2024 Variance Original Current Period Fiscal Favorable Percent Departmen... Total Budget Total Budget Activity Activity (Unfavorable) Remaining Expense Total: 801,600.00 1,165,100.00 207,343.74 1,276,863.51 -111,763.51 -9.59% Fund: 500 - Equipment Rental and Revolving Surplus (Deficit): 508,200.00 2,213,100.00 -195,299.95 -1,003,360.51 -3,216,460.51 145.34% Report Surplus (Deficit): 2,814,204.00 -2,367,872.00 2,662,512.59 4,369,751.79 6,737,623.79 284.54% 5/16/2024 1:16:32 PM Page 16 of 17 City of Port Orchard ORCHARD Account Typ... Fund: 302 - Capital Construction Revenue Expense Capital Budget Fund: 302 - Capital Construction Surplus (Deficit) Fund: 304 - Street Capital Projects Original Current Total Budget Total Budget Budget Report Group Summary For Fiscal: 2024 Period Ending: 04/30/2024 Variance Period Fiscal Favorable Percent Activity Activity (Unfavorable) Remaining 370,000.00 2,650,000.00 60,335.43 198,772.86-2,451,227.14 92.50% 370,000.00 11,925,700.00 793,898.96 1,368,384.32 10,557,315.68 88.53% 0.00-9,275,700.00-733,563.53-1,169,611.46 8,106,088.54 87.39% Revenue 220,000.00 2,867,000.00 38,692.00 349,641.97 -2,517,358.03 87.80% Expense 290,000.00 12,874,080.00 96,626.09 199,503.29 12,674,576.71 98.45% Fund: 304 - Street Capital Projects Surplus (Deficit): -70,000.00 -10,007,080.00 -57,934.09 150,138.68 10,157,218.68 101.50% Fund: 413 - Water Capital Revenue 2,232,700.00 2,195,700.00 215,032.40 1,859,008.73 -336,691.27 15.33% Expense 883,400.00 9,946,325.00 207,142.57 637,583.08 9,308,741.92 93.59% Fund: 413 - Water Capital Surplus (Deficit): 1,349,300.00 -7,750,625.00 7,889.83 1,221,425.65 8,972,050.65 115.76% Fund: 423 - Storm Drainage Capital Facil Revenue 100,000.00 100,000.00 907.68 3,645.00 -96,355.00 96.36% Expense 100,000.00 100,000.00 0.00 0.00 100,000.00 100.00% Fund: 423 - Storm Drainage Capital Facil Surplus (Deficit): 0.00 0.00 907.68 3,645.00 3,645.00 0.00% Fund: 433 - Sewer Capital Revenue 3,491,500.00 4,491,500.00 268,730.09 2,268,615.11-2,222,884.89 49.49% Expense 369,000.00 15,115,600.00 757,895.66 1,729,331.45 13,386,268.55 88.56% Fund: 433 - Sewer Capital Surplus (Deficit): 3,122,500.00-10,624,100.00-489,165.57 539,283.66 11,163,383.66 105.08% Report Surplus (Deficit): 4,401,800.00-37,657,505.00-1,271,865.68 744,881.53 38,402,386.53 101.98% 5/16/2024 1:31:34 PM Page 1 of 2 Detail Report 5/16/2024 1:32:27 PM Cash & Investment Fund Beginning Balance Total Activity Ending Balance 001- Current Expense 17,803,337.00 1,366,588.34 19,169,925.34 002 - City Street Fund 3,990,414.66 586,545.21 4,576,959.87 003 - Stabilization Fund 3,113,066.56 13,700.35 3,126,766.91 103 - Criminal Justice 860,565.85 45,727.51 906,293.36 104 - Special Investigative Unit 102,136.57 349.31 102,485.88 107 - Community Events 422,139.44 13,084.84 435,224.28 108 - Paths & Trails 16,329.24 163.41 16,492.65 109 - Real Estate Excise Tax 6,436,762.00 144,854.42 6,581,616.42 111- Impact Mitigation Fee 9,251,413.29 302,500.03 9,553,913.32 206 - Bond Redemption Fund 101,371.04 449.71 101,820.75 302 - Capital Construction 7,514,637.61 -733,563.53 6,781,074.08 304 - Street Capital Projects 2,362,992.01 -57,934.09 2,305,057.92 401- Water -Sewer Utilities 0.00 0.00 0.00 403 - Water -Sewer Cumulative Reserve 0.00 0.00 0.00 411- Water Operating 4,217,020.14 -285,329.23 3,931,690.91 412 - Water Stabilization 1,030,738.58 4,572.64 1,035,311.22 413 - Water Capital 9,471,763.09 7,889.83 9,479,652.92 414 - Water Debt Service 0.00 0.00 0.00 421- Storm Drainage Utility 1,941,320.58 95,529.00 2,036,849.58 422 - Storm Drainage Stabilization 579,110.99 2,569.09 581,680.08 423 - Storm Drainage Capital Facil 204,603.34 907.68 205,511.02 424 - Storm Drainage Debt Service 0.00 0.00 0.00 431- Sewer Operating 8,138,146.84 555,783.68 8,693,930.52 432 - Sewer Stabilization 1,542,546.15 6,843.15 1,549,389.30 433 - Sewer Capital 8,475,145.17 -489,165.57 7,985,979.60 434 - Sewer Debt Service 874,852.60 3,881.08 878,733.68 500 - Equipment Rental and Revolving 2,976,126.92 -195,299.95 2,780,826.97 631- Trust and Agency 8,461.92 1,196.84 9,658.76 632 - Wastewater Treatment Facil Fee 6,799,430.52 -77,501.74 6,721,928.78 Grand Total: 98,234,432.11 1,314,342.01 99,548,774.12 Date Range: 04/01/2024 - 04/30/2024 Fund Summary Page 5 of 5