2025.01 Monthly Budget ReportMONTHLY BUDGET FINANCIAL STATUS UPDATE
To: Mayor and Council members
From: Noah Crocker, Finance Director
Period: January 2025
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.
X�.-wag17Ig1T1:nIi•I: Igtiato] ►II]w &Igm/_ M
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 January 31, 2025, 9% of budgeted revenues were received.
The table provides budget versus actual (YTD) data by source of revenue.
SALES TAX REVENUES SUMMARY
• Total 2025 Budget: $7,300,000
• Total 2025 YTD Actuals: $615,894
• Year -to -Date Actual revenue collected is 2.41% lower when compared to Prior Year -to -Date Actuals
• Year -to -Date Actual revenue collected is 7.8% 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
600,000
500,000
300,000
200,000
251
Table rprovides current
data for sales tax revenue
collected Year-to-clate.
ENTERPRISENTILITY FUNDS OPERATIONS:
Water operation Water operations budgeted revenue in the amount of $4,305,885 for 2025. Through January,
the city has received $292,115 or —7% of the 2025 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 $188,075 through January representing —5% of the 2025 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 2025 budget includes $1,944,700 for transfers. A total of $1,665 was transferred
to fund 413 for Well 11, Melcher Pump Station.
Water Service Payments
700,000
6Cxr,000
50-�,OD
4CXD,000
202.3
3 .C�Ci
202.4
E 2025 .
I(XI,0 cXI
I
Jan Feb Mar Apr May lugs
Jul Aug
Seta
Oct
Nov Exec
Storm Drainage operations- Storm Operations budgeted revenue in the amount of $2,448,800 for 2025. Through
January, the city has received $351,243 or —15% of its annual budgeted revenue. Storm Drainage Operations
expended $99,787 through January, representing —5% of the 2025 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 2025 budget includes $723,800 for transfers. A total of $8,263 was transferred to fund
424 for debt service payments for the DOE Decant Station.
Storm Drainage Payments
250,000
2ck�,00c
loin
150,0L)
2
t
2 024
2025
a
e
50,DDOy� q
e
Jan Feb
Mar Apr
May Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sewer operation — Sewer operations budgeted revenue in the amount of $6,071,750 is budgeted for 2025.
Through January, the city has received $518,696 or —9% of the 2025 budgeted revenues. Sewer Operations
expended $327,398 through January representing —6% of the 2025 budget. The sewer operational expense
budget includes transfers which occur throughout the year. The City manages its transfers according topolicy
goals, cashflovvneeds, and realized expenses for sewer capital projects, stabilization targets, and debt service
payments. The 2025budget includes $Z,083,075for transfers. Atotal nf$1,839was transferred tnfund 433for
Marina Pump Station, Sewer Lift Controls.
Sewer Service Payments
700,000
Real Estate Excise Tax (BEET) Fund 109 and Impact Mitigation Fee Fund 111
The City's Real Estate Excise Tax receipts fluctuate monthly. January 2025 receipts are higher than January 2024
by about double. Total Real estate Excise Tax revenues have a YTD growth rate of 99%. The table below shows
balances through January for BEET 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.
w
2025-2026 Beginning Balance
- 3,916,725
365,235 140,873
6,847,926
1,903,311
4,620,216 29,984 - 93,800
2025-2026 Revenue Received*L.
- 39,922 "
55,714 318
53,941
113,077
121,944 - 8,225 -
2025-2026 Expenses Budgeted
(59,000).. (1,173,500)
(300,000)
(3,910,532)
(3,217,200)
(5,032,100) (29,984) (907,519) (93,800)
2025-2026 obligated Expenses
(2,783,147)
(119,923)
-
(183,800)
(600,000)
2025-2026EndingBalance
(59,000); -
1,025'. 141,191'I
2,991,335
(1,384,612)'.
(889,940), (0)', (799,294} -
The table above shows 2025 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 January 2025 are as follows:
o Parks $25,462
o Transportation $28,660
o School District Impact $8,224
BEET revenues received in January:
o REET 1 $106,866.38
o REET 2 $106,866.37
CAPITAL CONSTRUCTION BUDGET PROGRESS
Capital Construction Fund 302: The following General capital projects are in progress:
1) Project Account #15-City Hall Remodel
a. City Staff Time, Construction
i. The Solar Canopy is anticipated to be complete by spring.
2) Project Account #18-South Kitsap Community Events Center including Plaza
a. City Staff Time, Design Consulting Services
3) Project Account #53-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) Project Account #11-TIP 1.1 Bay St Pedestrian Path ROW
a. City Staff Time, Right of Way Consulting Services
2) Project Account #45-TIP 1.14 Sidney non -motorized
a. City Staff Time, Design Consulting Services
3) Project Account #41-TIP 1.15 Pottery Ave Non -Motorized
a. City Staff Time, Construction Mgmt. Services, Construction
4) Project Account #42-TIP 1.16 SR166/Bay Street Re -Construction
a. City Staff Time, Design Consulting Services
5) Project Account #47-TIP 1.18 Tremont Phase 2 &3
a. City Staff Time,
6) Project Account #27-TIP 1.2 Bay St Pedestrian Path Construction
a. City Staff Time, Design Consulting Services
7) Project Account #22-TIP 1.7 Bethel Phase 5a-Mitchel Roundabout
a. City Staff Time, Construction Mgmt. Services, Construction
8) Project Account #38-TIP 1.8 & 1.9 Blueberry & Salmonberry
a. City Staff Time, Design Consulting Services
9) Project Account #65-TIF 1.4 Anderson Hill RAB
a. City Staff Time,
10) Project Account #66-TIP 1.19 SB 160 2A
a. City Staff Time,
Water Capital Construction Fund 413: The following Water capital projects are in progress:
1) Project Account #16-Water CIP #3-Well 11 Treatment and Pumping Site Improvements
a. City Staff Time, Design Services, Construction
2) Project Account #36-Water CIP #10-Melcher Pump Station Rehab
a. City Staff Time
3) Project Account #41-Pottery Ave Non -Motorized (Water)
a. City Staff Time, Construction Mgmt. Services, Construction
4) Project Account #42-Water CIP#19a Water Main- SR166Bay Water Re -Construction
a. City Staff Time, Design
5) Project Account #60-Well #7
a. Nothing at this time
6) Project Account #67-Water CIP #22 Foster Mitigation
a. City Staff Time,
7) Project Account #70-Water CIP #08 Old Clifton Water Main 390-580 Intertie
a. Nothing at this time
Storm Drainage Capital Construction Fund 423: The following Storm Capital projects are in progress:
1) Project Account #41- Pottery Ave Non -Motorized (Storm)
a. City Staff Time, Design Services, Construction
2) Project Account #42-TIP 1.16 SR166/Bay Street Re -Construction
a. City Staff Time, Design Services
3) Project Account #68-South Sidney Regional Stormwater Facility
a. City Staff Time, Design Services
4) Project Account #TBD-Ruby Creek Culvert Replacement
a. City Staff Time
Sewer Capital Construction Fund 433: The following Sewer capital projects are in progress:
1) Project Account #04-Sewer CIP #1-Marina SW Pump Station
a. City Staff Time, Design Services, Construction
2) Project Account #37-Sewer Lift Station Controls Upgrade
a. City Staff Time, Design Services
3) Project Account #41-Pottery Ave Non -Motorized (Sewer)
a. City Staff Time, Construction Mgmt. Services, Construction
4) Project Account #42-TIP 1.16 SR166/Bay Street Re -Construction
a. City Staff Time, Design Services
5) Project Account #43-SWCIP # SB South Sidney Lift Station (Ruby Creek)
a. City Staff Time, Design Services
6) Project Account #45-2nd Sidney Force Main
a. City Staff Time, Design Services
7) Project Account #58-Bay Street Sewer Lift Station Design
a. City Staff Time, Design Services
Budget Report
For Fiscal: 2025 Period Ending: 01/31/2025
OPERATIONS
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
14,581,138.07
14,581,138.07
1,315,782.99
1,315,782.99
-13,265,355.08 90.98%
Revenue Total:
14,581,138.07
14,581,138.07
1,315,782.99
1,315,782.99
-13,265,355.08 90.98%
Expense
01- Finance
1,208,345.51
1,208,345.51
75,656.83
75,656.83
1,132,688.68 93.74%
02 - Court
663,800.00
663,800.00
54,919.22
54,919.22
608,880.78 91.73%
03 - law Enforcement
6,693,982.59
6,693,982.59
538,948.23
538,948.23
6,155,034.36 91.95%
04 - Community Development
3,292,767.68
3,292,767.68
274,630.36
274,630.36
3,018,137.32 91.66%
05 - Public Works
2,270,214.22
2,270,214.22
155,124.73
155,124.73
2,115,089.49 93.17%
06 - Miscellaneous
1,863,000.00
1,863,000.00
2,037.23
2,037.23
1,860,962.77 99.89%
07-Administration
2,098,917.00
2,098,917.00
157,366.06
157,366.06
1,941,550.94 92.50%
Expense Total:
18,091,027.00
18,091,027.00
1,258,682.66
1,258,682.66
16,832,344.34 93.04%
Fund: 001 - Current Expense Surplus (Deficit):
-3,509,888.93
-3,509,888.93
57,100.33
57,100.33
3,566,989.26 101.63%
Fund: 002 - City Street Fund
Revenue
00 - Revenues
4,072,866.00 4,072,866.00 141,227.17 141,227.17-3,931,638.83 96.53%
___ ___........... --
Revenue Revenue Total: 4,072,866.00 4,072,866.00 141,227.17 141,227.17-3,931,638.83 96.53%
Expense
05 - Public Works
4,043,805.00
4,043,805.00
112,450.70
112,450.70
3,931,354.30
97.22%
06 - Miscellaneous .............
2,439,100.00
.,
2,439,100.00
0.00
0.00
2,439,100.00
100.00%
Expense Total:
6,482,905.00
6,482,905.00
112,450.70
112,450.70
6,370,454.30
98.27%
Fund: 002 - City Street Fund Surplus (Deficit):
-2,410,039.00
-2,410,039.00
28,776.47
28,776.47
-... ...........
2,438,815.47
_ . _. _ �..
101.19%
Fund: 003 - Stabilization Fund
Revenue
00 - Revenues
130,000.00
130,000.00
12,301.73
12,301.73
-117,698.27
90.54%
Revenue Total:
130,000.00
130,000.00
12,301.73
12,301.73
-117,698.27
90.54%
Fund: 003 - Stabilization Fund Total:
m.
130,000.00
130,000.00
12,301.73
12,301.73
_.........
-117,698.27
90.54%
Fund: 103 - Criminal Justice
Revenue
00 - Revenues
438,800.00 438,800.00 44,112.21 44,112.21-394,687.79 89.95%
Revenue Total: 438,800.00 438,800.00 44,112.21 44,112.21-394,687.79 89.95%
Expense
03 - law Enforcement .....
651,800.00
651,800.00
10,988.92
10,988.92 ...............
640,811.08
98.31%
Expense Total:
651,800.00
651,800.00
10,988.92
10,988.92
640,811.08
98.31%
Fund: 103 - Criminal Justice Surplus (Deficit):
-213,000.00
-213,000.00
33,123.29
33,123.29
246,123.29
115.55%
Fund: 104 - Special Investigative Unit
Revenue
00 - Revenues
0.00
0.00
356.23
356.23
356.23
0.00%
Revenue Total:
0.00
0.00
356.23
356.23
356.23
0.00%
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):
-4,000.00
-4,000.00
356.23
356.23
_
4,356.23
108.91%
Fund: 107 - Community Events
Revenue
00 - Revenues ....................
102,200.00
_..
102,200.00
13,827.41
13,827.41
-88,372.59
86.47%
Revenue Total:
102,200.00
102,200.00
13,827.41
13,827.41
-88,372.59
86.47%
Expense
07-Administration
102,200.00
102,200.00
378.87
378.87
101,821.13
99.63%
:3/1 3f2025 2. 10:19 PM Page ] 3 o(17
Budget Report
For Fiscal: 2025 Period Ending: 01/31/2025
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Departmen...
Total Budget
Total Budget
Activity
Activity
(Unfavorable) Remaining
Expense Total:
102,200.00
102,200.00
378.87
378.87
101,821.13
99.63%
Fund: 107 - Community Events Surplus (Deficit):
0.00
0.00
13,448.54
13,448.54
13,448.54
0.00%
Fund: 108 - Paths & Trails
Revenue
00 - Revenues
1,000.00
1,000.00
174.55
174.55
-825.45
82.55%
Revenue Total:
1,000.00
1,000.00
174.55
174.55
-825.45
82.55%
Fund: 108 - Paths & Trails Total:
1,000.00
1,000.00
174.55
174.55
-825.45
82.55%
Fund: 109 - Real Estate Excise Tax
Revenue
00 - Revenues ......................
1,600,900.00
1,600,900.00
235,021.06
235,021.06
-1,365,878.94
85.32%
Revenue Total:
1,600,900.00
1,600,900.00
235,021.06
235,021.06
-1,365,878.94
85.32%
Expense
06 - Miscellaneous
7,003,900.00
7,003,900.00
622.80
622.80
7,003,277.20
99.99%
Expense Total:
7,003,900.00
7,003,900.00
622.80
622.80
7,003,277.20
99.99%
Fund: 109 - Real Estate Excise Tax Surplus (Deficit):
-5,403,000.00
-5,403,000.00
234,398.26
234,398.26
5,637,398.26
104.34%
Fund: 111- Impact Mitigation Fee
Revenue
00-Revenues
2,915,138.00
2,915,138.00
158,119.89
158,119.89
-2,757,018.11
94.58%
Revenue Total:
2,915,138.00
2,915,138.00
158,119.89
158,119.89
-2,757,018.11
94.58%
Expense
06 - Miscellaneous
5,600,107.00
5,600,107.00
7,163.95
_...,
........_ 7,163.95
5,592,943.05
........_... _ ..
99.87%
Expense Total:
5,600,107.00
5,600,107.00
7,163.95
7,163.95
5,592,943.05
99.87%
Fund: 111- Impact Mitigation Fee Surplus (Deficit):
-2,684,969.00
-2,684,969.00
150,955.94
150,955.94
2,835,924.94
105.62%
Fund: 206 - Bond Redemption Fund
Revenue
00 - Revenues .................
1,247,500.00
1,247,500.00
1,982.28
1,982.28
_..........-
-1,245,517.72
99.84%
Revenue Total:
1,247,500.00
1,247,500.00
1,982.28
1,982.28
-1,245,517.72
99.84%
Expense
06 - Miscellaneous .....
996,900.....
....
_.
Expense Total:
996,900.00
996,900.00
0.00
0.00
996,900.00
100.00%
_....................
Fund: 206 - Bond Redemption Fund Surplus (Deficit):
250,600.00
250,600.00
1,982.28
1,982.28
-248,617.72
99.21%
Fund: 411- Water Operating
Revenue
00-Revenues 4,305,885.00 4,305,885.00 292,115.30 292,115.30-4,013,769.70 93.22%
Revenue Total: 4,305,885.00 4,305,885.00 292,115.30 292,115.30-4,013,769.70 93.22%
Expense
05 - Public Works
4,066,174.99
4,066,174.99
188,075.34
188,075.34
3,878,099.65
95.37%
06 - Miscellaneous
1,944,700.00
1,944,700.00
1,665.24
1,665.24
1,943,034.76
99.91%
Expense Total:
6,010,874.99
6,010,874.99
189,740.58
189,740.58
5,821,134.41
96.84%
Fund: 411- Water Operating Surplus (Deficit):
-1,704,989.99
-1,704,989.99
102,374.72
102,374.72
1,807,364.71
106.00%
Fund: 412 - Water Stabilization
Revenue
00 - Revenues
........ ......... 0.00
0.00
4,488.84
4,488.84
........_ .....--..
.........._ 4,488.84
0.00%
Revenue Total
0.00
0.00
4,488.84
4,488.84
4,488.84
0.00%
Fund: 412 - Water Stabilization Total:
0.00
0.00
4,488.84
4,488.84
4,488.84
0.00%
Fund: 414 - Water Debt Service
Revenue
00 - Revenues 1,340,500.00 1,340,500.00 4,923.45 4,923.45-1,335,576.55 99.63%
Revenue Total: 1,340,500.00 1,340,500.00 4,923.45 4,923.45-1,335,576.55 99.63%
Expense
06 - Miscellaneous 1,340,400.00 1,340,400.00 0.00 0.00 1,340,400.00 100.00%
3/3 3f:ZC1:?,5 2.30:59 PINI Page 14 of 17
Budget Report
For Fiscal: 2025 Period Ending: 01/31/2025
Departmen...
Expense Total:
Fund: 414 - Water Debt Service Surplus (Deficit):
Fund: 421- Storm Drainage Utility
Revenue
00 - Revenues 2,448,800.00 2,448,800.00 351,243.37 351,243.37-2,097,556.63 85.66%
............
_..._... .........._ _......_.
Revenue Total: 2,448,800.00 2,448,800.00 351,243.37 351,243.37-2,097,556.63 85.66%
Expense
Variance
Original
Current
Period
Fiscal
Favorable Percent
Total Budget
Total Budget
Activity
Activity
(Unfavorable) Remaining
1,340,400.00
1,340,400.00
0.00
0.00
1,340,400.00 100.00%
100.00
100.00
4,923.45
4,923.45
4,823.45-4,823.45%
05 - Public Works 2,199,044.90
2,199,044.90
99,787.38
99,787.38
2,099,257.52
95.46%
06 - Miscellaneous 723,800.00
723,800.00
8,262.66
8,262.66
715,537.34
98.86%
Expense Total: 2,922,844.90
2,922,844.90
108,050.04
108,050.04
2,814,794.86
96.30%
_........_ _. ..
Fund: 421- Storm Drainage Utility Surplus (Deficit)-474,044.90
....__ _. .. ........
-474,044.90
243,193.33
243,193.33
717,238.23
151.30%
Fund: 422 - Storm Drainage Stabilization
Revenue
00 - Revenues 75,000.00 75,000.00 2,306.72 2,306.72-72,693.28 96.92%
Revenue Total: 75,000.00 75,000.00 2,306.72 2,306.72-72,693.28 96.92%
Fund: 422 - Storm Drainage Stabilization Total: 75,000.00 75,000.00 2,306.72 2,306.72-72,693.28 96.92%
Fund: 424 - Storm Drainage Debt Service
Revenue
00 - Revenues 444,000.00 444,000.00 8,262.66 8,262.66-435,737.34 98.14%
Revenue Total: 444,000.00 444,000.00 8,262.66 8,262.66-435,737.34 98.14%
Expense
06 - Miscellaneous 221,000.00 221,000.00 8,262.66 8,262.66 212,737.34 96.26%
Expense Total: 221,000.00 221,000.00 8,262.66 8,262.66 212,737.34 96.26%
_. .
Fund: 424 - Storm Drainage Debt Service Surplus (Deficit): 223,000.00 223,000.00 0.00 0.00-223,000.00 100.00%
Fund: 431- Sewer Operating
Revenue
00 - Revenues 6,071,750.00 6,071,750.00 518,696.21 518,696.21-5,553,053.79 91.46%
_._._._.. _____._.. .....___
Revenue Total: 6,071,750.00 6,071,750.00 518 696.21 518 696.21-5,553,053.79 91.46%
Expense
05 - Public Works
5,661,694.90
5,661,694.90
327,398.39
327,398.39
5,334,296.51
94.22%
06 - Miscellaneous
2,083,075.00
2,083,075.00
1,838.90
1,838.90
2,081,236.10
99.91%
Expense Total:
7,744,769.90
7,744,769.90
329,237.29
329,237.29
7,415,532.61
95.75%
Fund: 431- Sewer Operating Surplus (Deficit):
.,.....__.._�...m.................
-1,673,019.90
._�............
-1,673,019.90
189,458.92
189,458.92
1,862,478.82
111.32%
Fund: 432 - Sewer Stabilization
Revenue
00 - Revenues ............................
0.00
,....0.00
0.00
6,527.47
6,527.47
6,527.47
0.00%
Revenue Total:
0.00
6,527.47
6,527.47
6,527.47
0.00%
Fund: 432 - Sewer Stabilization Total:
0.00
0.00
6,527.47
6,527.47
6,527.47
0.00%
Fund: 434 - Sewer Debt Service
Revenue
00 - Revenues 1,081,900.00 1,081,900.00 5,849.97 5,849.97-1,076,050.03 99.46%
Revenue Total: 1,081,900.00 1,081,900.00 5,849.97 5,849.97-1,076,050.03 99.46%
Expense
06 - Miscellaneous
1,081,500.00
1,081,500.00
0.00
0.00
1,081,500.00
100.00%
Expense Total:
1,081,500.00
1,081,500.00
0.00
0.00
1,081,500.00
100.00%
Fund: 434 - Sewer Debt Service Surplus (Deficit):
400.00
400.00
5,849.97
5,849.97
5,449.97-1,362.49%
Fund: 500 - Equipment Rental and Revolving
Revenue
00-Revenues ...................,
1,954,800.00
1,954,800.00
90,140.15
90,140.15
-1,864,659.85
95.39%
_
Revenue Total:
1,954,800.00
1,954,800.00
90,140.15
90,140.15
-1,864,659.85
95.39%
Expense
10-ER&R 3,110,600.00 3,110,600.00 69,970.28 69,970.28 3,040,629.72 97.75%
3j33f20252;30:19 C%INI F'cst,t' 15 oR12
Budget Report
For Fiscal: 2025 Period Ending: 01/31/2025
Original Current Period
Departmen Total Budget Total Budget Activity
Expense Total: 3,110,600.00 3,110,600.00 69,970.28
Fund: 500 - Equipment Rental and Revolving Surplus (Deficit): -1,155,800.00 -1,155,800.00 20,169.87
Report Surplus (Deficit): -18,552,651.72 -18,552,651.72 1,111,910.91
Variance
Fiscal
Favorable
Percent
Activity
(Unfavorable) Remaining
69,970.28
3,040,629.72
97.75%
20,169.87
1,175,969.87
101.75%
1,111,910.91
19,664,562.63
105.99%
3/13/2025 2 . 30:19 PM Pago 16 of 17
Budget Report CAPITAL For Fiscal: 2025 Period Ending: 01/31/2025
Group Summary
Variance
Original Current Period Fiscal Favorable Percent
Account Typ... Total Budget Total Budget Activity Activity (Unfavorable) Remaining
Fund: 302 - Capital Construction
Revenue
2,172,300.00
2,172,300.00
7,854.32
7,854.32
-2,164,445.68
99.64%
Expense
4,742,100.00
4,742,100.00
1,962.23
1,962.23
4,740,137.77
99.96%
Fund: 302 - Capital Construction Surplus (Deficit):
-2,569,800.00
-2,569,800.00
5,892.09
5,892.09
2,575,692.09
100.23%
Fund: 304 - Street Capital Projects
Revenue
20,240,280.00
20,240,280.00
376,732.97
376,732.97
-19,863,547.03
98.14%
Expense ...........
20,947,500.00
20,947,500.00
7,809.76
7,809.76
20,939,690.24
99.96%
_....__
Fund: 304 - Street Capital Projects Surplus (Deficit):
-707,220.00
-707,220.00
368,923.21
368,923.21
1,076,143.21
152.17%
Fund: 413 - Water Capital
Revenue
8,124,800.00
8,124,800.00
1,874,158.73
1,874,158.73
-6,250,641.27
76.93%
Expense
8,432,800.00
8,432,800.00
2,220.33
2,220.33
8,430,579.67
99.97%
Fund: 413 - Water Capital Surplus (Deficit):
-308,000.00
-308,000.00
1,871,938.40
1,871,938.40
2,179,938.40
707.77%
Fund: 423 - Storm Drainage Capital Facil
Revenue
1,273,500.00
1,273,500.00
235,501.13
235,501.13
-1,037,998.87
81.51%
Expense
1,460,000.00
1,460,000.00
0.00
0.00
1,460,000.00
100.00%
Fund: 423 - Storm Drainage Capital Facil Surplus (Deficit):
-186,500.00
-186,500.00
235,501.13
235,501.13
422,001.13
226.27%
Fund: 433 - Sewer Capital
Revenue 16,135,800.00
16,135,800.00
198,213.93
198,213.93
-15,937,586.07
98.77%
Expense 16,729,825.00
16,729,825.00
3,188.40
3,188.40
16,726,636.60
99.98%
Fund: 433 - Sewer Capital Surplus (Deficit):-594,025.00
-594,025.00
195,025.53
195,025.53
789,050.53
132.83%
Report Surplus (Deficit).-4,365,545.00
-4,365,545.00
2,677,280.36
2,677,280.36
7,042,825.36
161.33%
:3/1 3f2025 2 32:35 PM Pale 3 of 4
CASH & INVESTMENT
Detail Report
Fund
Beginning Balance
Total Activity
Ending Balance
001-
Current Expense
18,436,152.82
57,100.33
18,493,253.15
002 -
City Street Fund
4,448,362.89
28,776.47
4,477,139.36
003 -
Stabilization Fund
3,235,385.04
12,301.73
3,247,686.77
103 -
Criminal Justice
576,826.36
33,123.29
609,949.65
104 -
Special Investigative Unit
105,095.86
356.23
105,452.09
107 -
Community Events
472,383.71
13,448.54
485,832.25
108 -
Paths & Trails
17,989.38
174.55
18,163.93
109 -
Real Estate Excise Tax
6,523,527.01
234,398.26
6,757,925.27
111-
Impact Mitigation Fee
11,214,726.06
150,955.94
11,365,682.00
206 -
Bond Redemption Fund
517,370.63
1,982.28
519,352.91
302 -
Capital Construction
1,567,976.38
5,892.09
1,573,868.47
304 -
Street Capital Projects
952,111.99
368,923.21
1,321,035.20
401-
Water -Sewer Utilities
0.00
0.00
0.00
403 -
Water -Sewer Cumulative Reserve
0.00
0.00
0.00
411-
Water Operating
2,754,162.47
102,374.72
2,856,537.19
412 -
Water Stabilization
1,171,575.95
4,488.84
1,176,064.79
413 -
Water Capital
8,436,823.26
1,871,938.40
10,308,761.66
414 -
Water Debt Service
1,285,004.73
4,923.45
1,289,928.18
421-
Storm Drainage Utility
2,328,243.07
243,193.33
2,571,436.40
422 -
Storm Drainage Stabilization
602,048.00
2,306.72
604,354.72
423 -
Storm Drainage Capital Facil
942,392.10
235,501.13
1,177,893.23
424 -
Storm Drainage Debt Service
0.00
0.00
0.00
431-
Sewer Operating
8,754,382.59
189,458.92
8,943,841.51
432 -
Sewer Stabilization
1,703,654.80
6,527.47
1,710,182.27
433 -
Sewer Capital
10,194,669.09
195,025.53
10,389,694.62
434 -
Sewer Debt Service
1,526,828.59
5,849.97
1,532,678.56
500 -
Equipment Rental and Revolving
5,488,629.03
20,169.87
5,508,798.90
631-
Trust and Agency
188.00
10,659.10
10,847.10
632 -
Wastewater Treatment Facil Fee
7,928,631.02
83,188.31
8,011,819.33
Grand Total:
101,185,140.83
3,883,038.68
105,068,179.51
Date Range: 01/01/2025 - 01/31/2025
Fund Summary
:3/1 3/2025 :2:26::21 PM Page 5 cat 5