2024.07 Monthly Budget ReportDQf!�C�WARD
MONTHLY BUDGET FINANCIAL STATUS UPDATE
To: Mayor and Council members
From: Noah Crocker, Finance Director
Period: July 2024
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 July 31, 2024, 80% of budgeted revenues were received.
The table provides budget versus actual (YTD) data by source of revenue.
Revenue Source
Property Tax
Sales Tax
Other Taxes
024
Original
Budget..
2,245,000
6,895,000
2,156,000
2024 Current
Budget
2,407,886
6,895,000
2,156,000
2024 YTD
1,262,182
4,613,659
1,975,199
% of
Budget
52.42 %
66.91 %
91.61%
Received
Current
6,265
708,235
437,567
Total Taxes
11,296,000
11,458,886
7,851,040
68.51%
1,152,067
Licenses & Permits
601,200
601,200
1,027,624
170.93%
227,339
Intergovernmental Revenue
291,700
488,200
349,134
71.51%
105,823
Charges for Goods & Services
448,600
398,600
511,992
128.45%
64,943
Fines & Penalties
128,000
128,000
59,826
46.74%
10,993
Misc Revenues
121,500
46,500
720,485
1549.43%
112,049
Non -Revenues
-
-
7,019
#DIV/0!
(279)
Other Financing
#DIV/0!
(Capital Contributions)
-
-
8,871
-
REVENUE TOTALS
12,887,000
13,121,386
10,535,991
80.30%
1,672,936
SALES TAX REVENUES SUMMARY
• Total 2024 Budget:
$6,895,000
• Total 2024 YTD Actuals:
$4,613,659
• Year -to -Date Actual revenue collected is 5.65% higher when
compared to Prior Year -to Date Actuals
• Year -to -Date Actual revenue collected is 20.5% 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
� •Zpu Ktwl
600,000 . zou .—I
■ zom tto nnwi
500,000
400,000
300,000
200,000
100,000
0
,acJa� � `Jaya �a�r PQ�. �aJ >Jce >J�J J�Jyc e��et O``o�c
P
�eQ �o O2
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 ace"'M' UaWwu
$300,000
$200,000
$100,000
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F P `ieQc. �o Oe
ENTERPRISE/UTILITY FUNDS OPERATIONS:
Water operation - Water operations budgeted revenue in the amount of $3,949,000 for 2024. Through July, the
city has received $2,306,611 or —59% 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 $2,399,478 through July representing —47% 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 $2,146,695 for transfers. A total of $25,953 was
transferred out to fund 413 for Well 11, TIP 1.16 Water and TIP 1.15 Pottery Ave Water.
Water Service Payments
111ii
Jan Feb Mar Apr May Jun Jul
Aug Sep Oct Nov Dec
■ 2022
■ 2023
■ 2024
Storm Drainage operations- Storm Operations budgeted revenue in the amount of $1,875,000 for 2024. Through
July, the city has received $1,261,291 or —67% of its annual budgeted revenue. Storm Drainage Operations
expended $867,148 through July representing —43% 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 was a no transfer out to this month.
Storm Drainage Payments
200,000
150,000 -
100,000 -
50,000 -
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
■ 2022
■ 2023
■ 2024
Sewer operation — Sewer operations budgeted revenue in the amount of $5,701,000 is budgeted for 2024.
Through July, the city has received $4,054,721 or —72% of the 2024 budgeted revenues. Sewer Operations
expended $3,440,537 through July representing —61% 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 $14,846 was transferred out to fund 433 for Marina
Pump Station and TIP 1.16 expenses.
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 Dec
Real Estate Excise Tax (REET) Fund 109 and Impact Mitigation Fee Fund 111
■ 2022
■ 2023
■ 2024
The City's Real Estate Excise Tax receipts fluctuate monthly. July 2024 receipts are Lower than July 2023 by
46.12%. Total Real estate Excise Tax revenues have a YTD growth rate of-18.05%. The table below shows
balances through July 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 July 2024 are as follows:
o Parks $281,066
o Transportation $288,154
o School District Impact $72,653
REET revenues received in July:
o REET 1 $62,964
o REET 2 $62,964
CAPITAL CONSTRUCTION BUDGET PROGRESS
Capital Construction Fund 302: The following General capital projects are in progress:
1) City Hall Remodel
a. City Staff Time, Construction
i. The 2nd floor renovations have been completed and the 3rd work has begun.
Additionally, the Solar Canopy is anticipated to start September.
2) 730 Prospect Property Acquisition
a. City Staff Time, Purchase
i. Completed
3) Public Works Shop EV Fleet Upgrades
a. City Staff Time
i. Completed
4) South Kitsap Community Events Center including Plaza
a. City Staff Time, Design Consulting Services
5) Givens Park Sport Court Remodel
a. City Staff Time, Design Consulting Services
Street Capital Construction Fund 304: The following Street capital projects are in progress:
1) TIP 1.1 Bay St Pedestrian Path ROW
a. City Staff Time, Right of Way Consulting Services
2) TIP 1.14 Sidney non -motorized
a. City Staff Time, Design Consulting Services
3) TIP 1.15 Pottery Ave Non -Motorized
a. City Staff Time, Construction Mgmt. Services, Construction
4) TIP 1.16 SR166/Bay Street Re -Construction
a. City Staff Time, Design Consulting Services
5) TIP 1.18 Tremont Phase 2 &3
a. City Staff Time
6) TIP 1.2 Bay St Pedestrian Path Construction
a. City Staff Time, Design Consulting Services
7) TIP 1.3 Bay St West Pathway Study
a. City Staff Time, Design Consulting Services
8) TIP 1.7 Bethel Phase 5a-Mitchel Roundabout
a. City Staff Time, Construction Mgmt. Services, Construction
9) TIP 1.8 & 1.9 Blueberry & Salmonberry
a. City Staff Time, Design Consulting Services
Water Capital Construction Fund 413: The following Water capital projects are in progress:
1) Water CIP #3-Well 11 Treatment and Pumping Site Improvements
a. City Staff Time, Design Services, Construction
2) Water CIP #10-Melcher Pump Station Rehab
a. City Staff Time
3) Pottery Ave Non -Motorized (Water)
a. City Staff Time, Construction Mgmt. Services, Construction
Sewer Capital Construction Fund 433: The following Sewer capital projects are in progress:
1) Sewer CIP #1-Marina SW Pump Station
a. City Staff Time, Design Services, Construction
2) Sewer Lift Station Controls Upgrade
a. Nothing at this time
3) Bay Street Lift Station Controls
a. Nothing at this time
4) SWCIP # SIB South Sidney Lift Station (Ruby Creek)
a. City Staff Time, Design Services
5) Pottery Ave Non -Motorized (Sewer)
a. City Staff Time, Construction Mgmt. Services, Construction
Budget Report OPERATIONS BUDGET For Fiscal: 2024 Period Ending: 07/31/2024
Group Summary
Departmen...
Fund: 001 - Current Expense
Revenue
00 - Revenues
Original Current
Total Budget Total Budget
Variance
Period Fiscal Favorable Percent
Activity Activity (Unfavorable) Remaining
12,887,000.00 13,121,386.00 1,672,935.75 10,535,991.06-2,585,394.94 19.70%
Revenue Total: 12,887,000.00 13,121,386.00 1,672,935.75 10,535,991.06-2,585,394.94 19.70%
Expense
01- Finance
1,107,300.00
1,424,300.00
63,514.93
575,862.38
848,437.62
59.57%
02 - Court
797,000.00
797,000.00
35,963.76
297,322.96
499,677.04
62.69%
03 - Law Enforcement
6,017,120.00
6,793,080.00
462,305.00
3,483,001.82
3,310,078.18
48.73%
04 - Community Development
2,395,850.00
2,966,370.00
274,418.13
1,725,388.74
1,240,981.26
41.84%
05 - Public Works
2,216,887.00
2,639,257.00
118,530.64
1,477,724.78
1,161,532.22
44.01%
06 - Miscellaneous
0.00
2,411,000.00
20,250.90
1,817,584.15
593,415.85
24.61%
07-Administration
1,888,531.00
1,961,531.00
108,463.09
925,388.56
1,036,142.44
52.82%
Expense Total: 14,422,688.00
18,992,538.00
1,083,446.45
10,302,273.39
8,690,264.61
45.76%
Fund: 001- Current Expense Surplus (Deficit):-1,535,688.00-5,871,152.00 589,489.30 233,717.67 6,104,869.67 103.98%
Fund: 002 - City Street Fund
Revenue
00 - Revenues
1,731,004.00 2,130,547.00 150,209.16 1,671,572.95-458,974.05 21.54%
Revenue Total: 1,731,004.00 2,130,547.00 150,209.16 1,671,572.95-458,974.05 21.54%
Expense
05 - Public Works
2,665,396.00
3,646,666.00
113,654.58
1,771,266.10
1,875,399.90
51.43%
06 - Miscellaneous
0.00
607,000.00
0.00
0.00
607,000.00
100.00%
Expense Total:
2,665,396.00
4,253,666.00
113,654.58
1,771,266.30
2,482,399.90
58.36%
Fund: 002 - City Street Fund Surplus (Deficit):
-934,392.00
-2,123,119.00
36,554.58
-99,693.15
2,023,425.85
95.30%
Fund: 003 - Stabilization Fund
Revenue
00 - Revenues
0.00
0.00
14,384.06
97,477.39
97,477.39
0.00%
Revenue Total:
0.00
0.00
14,384.06
97,477.39
97,477.39
0.00%
Fund: 103 - Criminal Justice
Revenue
00 - Revenues
Fund: 003 - Stabilization Fund Total:
0.00 0.00 14,384.06 97,477.39 97,477.39 0.00%
384,000.00 384,000.00 44,076.80 299,226.47-84,773.53 22.08%
Revenue Total: 384,000.00 384,000.00 44,076.80 299,226.47-84,773.53 22.08%
Expense
03 - Law Enforcement
495,100.00
771,100.00
82,098.78
589,184.77
181,915.23
23.59%
Expense Total:
495,100.00
771,100.00
82,098.78
589,184.77
181,915.23
23.59%
Fund: 103 - Criminal Justice Surplus (Deficit):
-111,100.00
-387,100.00
-38,021.98
-289,958.30
97,141.70
25.09%
Fund: 104 - Special Investigative Unit
Revenue
00 - Revenues
4,000.00
4,000.00
372.86
2,693.04
-1,306.96
32.67%
Revenue Total:
4,000.00
4,000.00
372.86
2,693.04
-1,306.96
32.67%
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
372.86
2,693.04
2,693.04
0.00%
Fund: 107 - Community Events
Revenue
00 - Revenues
102,200.00
102,200.00
17,006.78
100,796.20
-1,403.80
1.37%
Revenue Total:
102,200.00
302,200.00
17,006.78
300,796.20
-1,403.80
1.37%
Expense
07-Administration 102,200.00 127,200.00 0.00 8,412.40 118,787.60 93.39%
8/30/2024 1:31:48 PM
Page 13 of 17
Budget Report
Departmen...
Expense Total:
Fund: 107 - Community Events Surplus (Deficit):
Fund: 108 - Paths & Trails
Revenue
00 - Revenues
Revenue Total
Fund: 108 - Paths & Trails Total
Original
Current
Total Budget
Total Budget
102,200.00
127,200.00
0.00
-25,000.00
For Fiscal: 2024 Period Ending: 07/31/2024
Variance
Period Fiscal Favorable Percent
Activity Activity (Unfavorable) Remaining
0.00 8,412.40 118,787.60 93.39%
17,006.78 92,383.80 117,383.80 469.54%
1,000.00 1,000.00 179.65 1,236.59 236.59 23.66%
1,000.00 1,000.00 179.65 1,236.59 236.59 23.66%
1,000.00 1,000.00 179.65 1,236.59 236.59 23.66%
Fund: 109 - Real Estate Excise Tax
Revenue
00 - Revenues
800,000.00
1,600,000.00
146,739.20
1,109,261.88
-490,738.12
30.67%
Revenue Total:
800,000.00
1,600,000.00
146,739.20
1,109,261.88
-490,738.12
30.67%
Expense
06 - Miscellaneous
298,000.00
1,397,000.00
47,723.51
842,481.69
554,518.31
39.69%
Expense Total:
298,000.00
1,397,000.00
47,723.51
842,481.69
554,518.31
39.69%
Fund: 109 - Real Estate Excise Tax Surplus (Deficit):
502,000.00
203,000.00
99,015.69
266,780.19
63,780.19
-31.42%
Fund: 111- Impact Mitigation Fee
Revenue
00 - Revenues
5,207,900.00
5,207,900.00
684,249.68
2,926,469.66
-2,281,430.34
43.81%
Revenue Total:
5,207,900.00
5,207,900.00
684,249.68
2,926,469.66
-2,281,430.34
43.81%
Expense
06 - Miscellaneous
1,103,300.00
2,934,250.00
111,729.20
586,614.71
2,347,635.29
80.01%
Expense Total:
1,103,300.00
2,934,250.00
111,729.20
586,614.71
2,347,635.29
80.01%
Fund: 111- Impact Mitigation
Fee Surplus (Deficit):
4,104,600.00
2,273,650.00
572,520.48
2,339,854.95
66,204.95
-2.91%
Fund: 206 - Bond Redemption Fund
Revenue
00 - Revenues
298,000.00
1,397,000.00
2,317.94
668,364.62
-728,635.38
52.16%
Revenue Total:
298,000.00
1,397,000.00
2,317.94
668,364.62
-728,635.38
52.16%
Expense
06 - Miscellaneous 298,000.00 995,410.00 0.00 261,669.70 733,740.30 73.719/o
Expense Total: 298,000.00 995,410.00 0.00 261,669.70 733,740.30 73.71%
Fund: 206 - Bond Redemption Fund Surplus (Deficit):
Fund: 411- Water Operating
Revenue
00 - Revenues
0.00 401,590.00 2,317.94 406,694.92 5,104.92 -1.27%
3,949,000.00 3,949,000.00 350,342.15 2,306,611.97-1,642,388.03 41.59%
Revenue Total: 3,949,000.00 3,949,000.00 350,342.15 2,306,611.97-1,642,388.03 41.59%
Expense
05 - Public Works
3,138,532.00
5,036,312.00
208,764.48
2,399,478.55
2,636,833.45
52.36%
06 - Miscellaneous
555,800.00
2,146,695.00
25,953.29
818,622.56
1,328,072.44
61.87%
Expense Total:
3,694,332.00
7,183,007.00
234,717.77
3,218,101.11
3,964,905.89
55.20%
Fund: 411- Water Operating Surplus (Deficit):
254,668.00
-3,234,007.00
115,624.38
-911,489.14
2,322,517.86
71.82%
Fund: 412 - Water Stabilization
Revenue
00 - Revenues
0.00
100 000.00
4,800.86
32 534.14
-67 465.86
67.47%
Revenue Total
Fund: 412 - Water Stabilization Total
Fund: 414 - Water Debt Service
Revenue
00 - Revenues
Revenue Total:
Expense
06 - Miscellaneous
0.00 100,000.00 4,800.86 32,534.14-67,465.86 67.47%
0.00 100,000.00 4,800.86 32,534.14-67,465.86 67.47%
939,200.00 2,400,670.00 5,190.99 1,227,877.89-1,172,792.11 48.85%
939,200.00 2,400,670.00 5,190.99 1,227,877.89-1,172,792.11 48.85%
939,200.00 1,144, 970.00
30, 000.00 101, 816.3 9 1, 043,15 3.61 91.11
8/30/2024 1:31:48 PM
Page 14 of 17
Budget Report
Original Current
Departmen... Total Budget Total Budget
Expense Total: 939,200.00 1,144,970.00
Fund: 414 - Water Debt Service Surplus (Deficit): 0.00 1,255,700.00
Fund: 421- Storm Drainage Utility
Revenue
For Fiscal: 2024 Period Ending: 07/31/2024
Variance
Period Fiscal Favorable Percent
Activity Activity (Unfavorable) Remaining
30,000.00 101,816.39 1,043,153.61 91.11%
-24,809.01 1,126,061.50-129,638.50 10.32%
00 - Revenues
1,745,000.00
1,875,000.00
194,145.59
1,261,291.01
-613,708.99
32.73%
Revenue Total:
1,745,000.00
1,875,000.00
194,145.59
1,261,291.01
-613,708.99
32.73%
Expense
05 - Public Works
1,819,352.00
1,980,002.00
94,587.53
867,148.84
1,112,853.16
56.20%
06 - Miscellaneous
277,100.00
320,150.00
0.00
36,526.02
283,623.98
88.59%
Expense Total:
2,096,452.00
2,300,152.00
94,587.53
903,674.86
1,396,477.14
60.71%
Fund: 421- Storm Drainage
Utility Surplus (Deficit):
-351,452.00
-425,152.00
99,558.06
357,616.15
782,768.15
184.11%
Fund: 422 - Storm Drainage Stabilization
Revenue
00 - Revenues
0.00
0.00
2,697.32
18,279.00
18,279.00
0.00%
Revenue Total:
0.00
0.00
2,697.32
18,279.00
18,279.00
0.00%
Fund: 422 - Storm Drainage Stabilization Total:
0.00
0.00
2,697.32
18,279.00
18,279.00
0.00%
Fund: 424 - Storm Drainage Debt Service
Revenue
00 - Revenues
177,100.00
220,150.00
0.00
36,526.02
-183,623.98
83.41%
Revenue Total:
177,100.00
220,150.00
0.00
36,526.02
-183,623.98
83.41%
Expense
06 - Miscellaneous
177,100.00
220,150.00
0.00
36,526.02
183,623.98
83.41%
Expense Total:
177,100.00
220,150.00
0.00
36,526.02
183,623.98
83.41%
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
518,162.84
4,054,721.57
-1,646,278.43
28.88%
Revenue Total:
5,701,000.00
5,701,000.00
518,162.84
4,054,721.57
-1,646,278.43
28.88%
Expense
05 - Public Works
4,889,732.00
5,597,612.00
337,020.99
3,440,537.35
2,157,074.65
38.54%
06 - Miscellaneous
709,900.00
1,154,720.00
14,846.71
628,111.72
526,608.28
45.60%
Expense Total:
5,599,632.00
6,752,332.00
351,867.70
4,068,649.07
2,683,682.93
39.74%
Fund: 431- Sewer Operating Surplus (Deficit):
101,368.00
-1,051,332.00
166,295.14
-13,927.50
1,037,404.50
98.68%
Fund: 432 - Sewer Stabilization
Revenue
00 - Revenues
0.00
100,000.00
7,184.69
48,688.78
-51,311.22
51.31%
Revenue Total:
0.00
100,000.00
7,184.69
48,688.78
-51,311.22
51.31%
Fund: 432 - Sewer Stabilization Total:
0.00
100,000.00
7,184.69
48,688.78
-51,311.22
51.31%
Fund: 434 - Sewer Debt Service
Revenue
00 - Revenues
678,900.00
1,067,720.00
6,840.55
675,952.28
-391,767.72
36.69%
Revenue Total:
678,900.00
1,067,720.00
6,840.55
675,952.28
-391,767.72
36.69%
Expense
06 - Miscellaneous
403,900.00
465,970.00
0.00
43,733.59
422,236.41
90.61%
Expense Total:
403,900.00
465,970.00
0.00
43,733.59
422,236.41
90.61%
Fund: 434 - Sewer Debt Service Surplus (Deficit):
275,000.00
601,750.00
6,840.55
632,218.69
30,468.69
-5.06%
Fund: 500 - Equipment Rental and Revolving
Revenue
00 - Revenues
1,309,800.00
4,142,200.00
77,661.22
3,707,357.33
-434,842.67
10.50%
Revenue Total:
1,309,800.00
4,142,200.00
77,661.22
3,707,357.33
-434,842.67
10.50%
Expense
10 - ER&R
801,600.00
3,807,400.00
205,836.18
1,653,441.84
2,153,958.16
56.57%
8/30/2024 1:31:48 PM Page 15 of 17
Budget Report
For Fiscal: 2024 Period Ending: 07/31/2024
Variance
Original
Current
Period
Fiscal
Favorable Percent
Departmen... Total Budget
Total Budget
Activity
Activity
(Unfavorable) Remaining
Expense Total: 801,600.00
3,807,400.00
205,836.18
1,653,441.84
2,153,958.16 56.57%
Fund: 500 - Equipment Rental and Revolving Surplus (Deficit): 508,200.00
334,800.00
-128,174.96
2,053,915.49
1,719,115.49-513.48%
Report Surplus (Deficit): 2,814,204.00
-7,845,372.00
1,543,836.39
6,395,084.21
14,240,456.21 181.51%
8/30/2024 1:31:48 PM Page 16 of 17
RV 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
370,000.00 2,780,000.00
370,000.00 11,925,700.00
0.00-9,145,700.00
Budget Report
Group Summary
For Fiscal: 2024 Period Ending: 07/31/2024
Variance
Period Fiscal Favorable Percent
Activity Activity (Unfavorable) Remaining
120,037.53 2,200,206.92-579,793.08 20.86%
715,541.68 5,718,392.77 6,207,307.23 52.05%
-595,504.15-3,518,185.85 5,627,514.15 61.53%
Revenue
220,000.00
4,143,950.00
155,720.55
772,504.22
-3,371,445.78
81.36%
Expense
290,000.00
14,149,095.00
277,723.38
761,280.72
13,387,814.28
94.62%
Fund: 304 - Street Capital Projects Surplus (Deficit):
-70,000.00
-10,005,145.00
-122,002.83
11,223.50
10,016,368.50
100.11%
Fund: 413 - Water Capital
Revenue
2,232,700.00
2,763,950.00
418,576.91
3,399,242.43
635,292.43
22.98%
Expense
883,400.00
10,635,295.00
967,539.61
2,945,882.26
7,689,412.74
72.30%
Fund: 413 - Water Capital Surplus (Deficit):
1,349,300.00
-7,871,345.00
-548,962.70
453,360.17
8,324,705.17
105.76%
Fund: 423 - Storm Drainage Capital Facil
Revenue
100,000.00
150,000.00
167,650.98
191,678.10
41,678.10
27.79%
Expense
100,000.00
150,000.00
0.00
0.00
150,000.00
100.00%
Fund: 423 - Storm Drainage Capital Facil Surplus (Deficit):
0.00
0.00
167,650.98
191,678.10
191,678.10
0.00%
Fund: 433 - Sewer Capital
Revenue
3,491,500.00
5,241,500.00
509,163.71
4,367,025.97
-874,474.03
16.68%
Expense
369,000.00
15,374,600.00
576,764.80
3,970,020.73
11,404,579.27
74.18%
Fund: 433 - Sewer Capital Surplus (Deficit):
3,122,500.00
-10,133,100.00
-67,601.09
397,005.24
10,530,105.24
103.92%
Report Surplus (Deficit):
4,401,800.00
-37,155,290.00
-1,166,419.79
-2,464,918.84
34,690,371.16
93.37%
8/30/2024 1:32:16 PM Page 1 of 2
Detail Report CASH & INVESTMENTS Date Range: 07/01/2024 - 07/31/2024
Fund Summary
Fund
Beginning Balance
Total Activity
Ending Balance
001- Current Expense
16,983,814.24
589,489.28
17,573,303.52
002 - City Street Fund
3,892,591.49
36,554.58
3,929,146.07
003 - Stabilization Fund
3,154,843.17
14,384.06
3,169,227.23
103 - Criminal Justice
500,394.25
-38,021.98
462,372.27
104 - Special Investigative Unit
103,225.72
372.86
103,598.58
107 - Community Events
469,256.35
17,006.78
486,263.13
108 - Paths & Trails
16,867.87
179.65
17,047.52
109 - Real Estate Excise Tax
6,234,854.60
99,015.69
6,333,870.29
111- Impact Mitigation Fee
9,892,021.68
572,520.48
10,464,542.16
206 - Bond Redemption Fund
504,391.83
2,317.94
506,709.77
302 - Capital Construction
4,972,397.68
-595,504.15
4,376,893.53
304 - Street Capital Projects
2,286,145.57
-122,002.83
2,164,142.74
401- Water -Sewer Utilities
0.00
0.00
0.00
403 - Water -Sewer Cumulative Reserve
0.00
0.00
0.00
411- Water Operating
3,417,884.38
115,624.46
3,533,508.84
412 - Water Stabilization
1,044,681.99
4,800.86
1,049,482.85
413 - Water Capital
9,260,550.14
-548,962.70
8,711,587.44
414 - Water Debt Service
1,150,870.51
-24,809.01
1,126,061.50
421- Storm Drainage Utility
2,042,209.17
99,558.05
2,141,767.22
422 - Storm Drainage Stabilization
586,944.96
2,697.32
589,642.28
423 - Storm Drainage Capital Facil
225,893.14
167,650.98
393,544.12
424 - Storm Drainage Debt Service
0.00
0.00
0.00
431- Sewer Operating
7,596,243.09
166,295.15
7,762,538.24
432 - Sewer Stabilization
1,563,413.08
7,184.69
1,570,597.77
433 - Sewer Capital
7,901,002.77
-67,601.09
7,833,401.68
434 - Sewer Debt Service
1,488,526.42
6,840.55
1,495,366.97
500 - Equipment Rental and Revolving
5,966,277.93
-128,175.02
5,838,102.91
631- Trust and Agency
11,645.32
-994.83
10,650.49
632 - Wastewater Treatment Facil Fee
6,651,644.09
560,039.35
7,211,683.44
Grand Total:
97,918,591.44
936,461.12
98,855,052.56
8/30/2024 1:12:17 PM
Page 5 of 5