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HomeMy WebLinkAbout2025.07 Monthly Budget ReportMONTHLY BUDGET FINANCIAL STATUS UPDATE To: Mayor and Council members From: Noah Crocker, Finance Director Period: July 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. 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, 2025, 71% 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: $4,414,836 • Year -to -Date Actual revenue collected is 4.31% lower when compared to Prior Year -to -Date Actuals • Year -to -Date Actual revenue collected is 8.07% 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 7000 6000W st hii t 7 sy t}( t r f } Table 2: provides current data for sales tax revenue collected Year-to-date. ENTERPRISE/UTILITY FUNDS OPERATIONS: Water operation - Water operations budgeted revenue in the amount of $4,305,885 for 2025. Through July, the city has received $2,426,852 or "'57% 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 $2,020,170 through July representing —50% 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 $19,849 was transferred to fund 413 for Well 11, Melcher Pump Station, and SR166/Bay Street Reconstruction. Water Service Prsent Storm Drainage operations- Storm Operations budgeted revenue in the amount of $2,448,800 for 2025. Through July, the city has received $2,125,365 or —87% of its annual budgeted revenue. Storm Drainage Operations expended $914,938 through July, representing —62% 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 $8,262 was transferred for debt service payments related to Decant. Storm Drainage Payments Sewer operation — Sewer operations budgeted revenue in the amount of $6,071,750 is budgeted for 2025. Through July, the city has received $4,131,371 or —69% of the 2025 budgeted revenues. Sewer Operations expended $2,745,263 through July representing —49% of the 2025 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 2025 budget includes $4,483,087 for transfers. A total of $433,844 was transferred to fund 433 for Marina Pump Station, and SR166/Bay Street Reconstruction. Sewer Service paym.eats s;0 7O0,0 2 2023 2024 300,0 $ Jai"s Feb ;trar # r 1 lay in Ira¥ A Sep; Oct v Dec Real Estate Excise Tax (REET) Fund 109 and Impact Mitieation Fee Fund 111 The City's Real Estate Excise Tax receipts fluctuate monthly. July 2025 receipts are higher than July 2024 by 52%. Total Real estate Excise Tax revenues have a YTD growth rate of 40%. 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. 2025-2026 Beginning Balance 3,916,725 373,174 212,993 6,847,926 1,903,311 4,620,216 29,984 - 93,800 2025-2026 Revenue Received*'I 1,097,368 9,283 126,809 1,312,168 732,417 797,089 265,603 - 2025-2026 Expenses Budgeted (997,000) (300,000) - (3,969,532) (3,217,200) (5,032,100) (29,984) (807,519) (93,800) 2025-2026 Obligated Expenses (4,017,093) (82,456) (339,802) (4,190,561) (183,800) (600,000) - 2025-2026 Ending Balance - - - (765,272) (214,794)' (0) (541,916) - 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 July 2025 are as follows: o Parks $417,474 o Transportation $540,872 o School District Impact $102,905 REET revenues received in July: o REET1$95,761 $95,761 o REET2$95,761 $95,761 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 —Nearing completion 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, under construction 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. -COMPLETED 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, Design Consulting Services 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 -Nearly complete 2) Project Account #36 -Water CIP #10-Melcher Pump Station Rehab a. City Staff Time, Design Services, 3) Project Account #41 -Pottery Ave Non -Motorized (Water) a. COMPLETED 4) Project Account #42 -Water CIP#19a Water Main- SR166Bay Water Re -Construction a. City Staff Time, Design Services 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. City Staff Time, Design Service Storm Drainage Capital Construction Fund 423: The following Storm Capital projects are in progress: 1) Project Account #41- Pottery Ave Non -Motorized (Storm) a. COMPLETED 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 #72 -Ruby Creek Culvert Replacement a. City Staff Time,Design 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. COMPLETED 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 OPERATING BUDGET For Fiscal: 2025 Period Ending: 07/31/2025 Group Summary Variance Original Current Period Fiscal Favorable Percent Department Total Budget Total Budget Activity Activity (Unfavorable) Remaining Fund: 001- Current Expense Revenue 00 - Revenues 14,581,138.07 14,581,138.07 1,569,644.54 10,346,922.28 -4,234,215.79 29.04% Revenue Total: 14,581,138.07 14,581,138.07 1,569,644.54 10,346,922.28 -4,234,215.79 29.04% Expense 01- Finance 1,208,345.51 1,208,345.51 59,483.62 534,263.81 674,081.70 55.79% 02 - Court 663,800.00 663,800.00 37,792.87 281,673.16 382,126.84 57.57% 03 - Law Enforcement 6,693,982.59 6,693,982.59 479,558.33 3,404,807.52 3,289,175.07 49.14% 04 - Community Development 3,292,767.68 3,292,767.68 243,223.68 1,604,445.07 1,688,322.61 51.27% 05 - Public Works 2,270,214.22 2,270,214.22 138,232.69 1,322,158.32 948,055.90 41.76% 06 - Miscellaneous 1,863,000.00 1,817,594.09 45,107.45 63,871.75 1,753,722.34 96.49% 07 -Administration 2,098,917.00 2,098,917.00 137,673.84 986,079.62 1,112,837.38 53.02% Expense Total: 18,091,027.00 18,045,621.09 1,141,072.48 8,197,299.25 9,848,321.84 54.57% Fund: 001- Current Expense Surplus (Deficit): -3,509,888.93 -3,464,483.02 428,572.06 2,149,623.03 5,614,106.05 162.05% Fund: 002 - City Street Fund Revenue 00 - Revenues 4,072,866.00 4,072,866.00 135,588.06 1,743,630.08 -2,329,235.92 57.19% Revenue Total: 4,072,866.00 4,072,866.00 135,588.06 1,743,630.08 -2,329,235.92 57.19% Expense 05 - Public Works 4,043,805.00 4,043,805.00 163,259.15 1,134,475.48 2,909,329.52 71.95% 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 6,482,905.00 163,259.15 1,134,475.48 5,348,429.52 82.50% Fund: 002 - City Street Fund Surplus (Deficit): -2,410,039.00 -2,410,039.00 -27,671.09 609,154.60 3,019,193.60 125.28% Fund: 003 - Stabilization Fund Revenue 00 - Revenues 130,000.00 130,000.00 12,239.95 83,179.19 -46,820.81 36.02% Revenue Total: 130,000.00 130,000.00 12,239.95 83,179.19 -46,820.81 36.02% Fund: 003 - Stabilization Fund Total: 130,000.00 130,000.00 12,239.95 83,179.19 -46,820.81 36.02% Fund: 103 - Criminal Justice Revenue 00 - Revenues 438,800.00 438,800.00 49,254.97 285,393.68 -153,406.32 34.96% Revenue Total: 438,800.00 438,800.00 49,254.97 285,393.68 -153,406.32 34.96% Expense 03 - Law Enforcement 651,800.00 651,800.00 10,500.47 158,304.19 493,495.81 75.71% Expense Total: 651,800.00 651,800.00 10,500.47 158,304.19 493,495.81 75.71% Fund: 103 - Criminal Justice Surplus (Deficit): -213,000.00 -213,000.00 38,754.50 127,089.49 340,089.49 159.67% Fund: 104 - Special Investigative Unit Revenue 00 - Revenues 0.00 0.00 382.09 2,566.56 2,566.56 0.00% Revenue Total: 0.00 0.00 382.09 2,566.56 2,566.56 0.00% Expense 03 - Law Enforcement 4,000.00 4,000.00 0.00 -300.00 4,300.00 107.50% Expense Total: 4,000.00 4,000.00 0.00 -300.00 4,300.00 107.50% Fund: 104 - Special Investigative Unit Surplus (Deficit): -4,000.00 -4,000.00 382.09 2,866.56 6,866.56 171.66% Fund: 107 - Community Events Revenue 00 - Revenues 102,200.00 102,200.00 20,533.37 105,192.02 2,992.02 2.93% Revenue Total: 102,200.00 102,200.00 20,533.37 105,192.02 2,992.02 2.93% Expense 07 -Administration 102,200.00 102,200.00 7,482.00 8,708.40 93,491.60 91.48% 8/15/2025 1:41:32 PM Page 14 of 18 Budget Report For Fiscal: 2025 Period Ending: 07/31/2025 Variance Original Current Period Fiscal Favorable Percent Department Total Budget Total Budget Activity Activity (Unfavorable) Remaining Expense Total: 102,200.00 102,200.00 7,482.00 8,708.40 93,491.60 91.48% Fund: 107 - Community Events Surplus (Deficit): 0.00 0.00 13,051.37 96,483.62 96,483.62 0.00% Fund: 108 - Paths & Trails Revenue 00 - Revenues 1,000.00 1,000.00 141.48 1,169.71 169.71 16.97% Revenue Total: 1,000.00 1,000.00 141.48 1,169.71 169.71 16.97% Fund: 108 - Paths & Trails Total: 1,000.00 1,000.00 141.48 1,169.71 169.71 16.97% Fund: 109 - Real Estate Excise Tax Revenue 00 - Revenues 1,600,900.00 1,600,900.00 217,607.94 1,529,506.78 -71,393.22 4.46% Revenue Total: 1,600,900.00 1,600,900.00 217,607.94 1,529,506.78 -71,393.22 4.46% Expense 06 - Miscellaneous 7,003,900.00 7,003,900.00 4,051.31 383,000.42 6,620,899.58 94.53% Expense Total: 7,003,900.00 7,003,900.00 4,051.31 383,000.42 6,620,899.58 94.53% Fund: 109 - Real Estate Excise Tax Surplus (Deficit): -5,403,000.00 -5,403,000.00 213,556.63 1,146,506.36 6,549,506.36 121.22% Fund: 111- Impact Mitigation Fee Revenue 00 - Revenues 2,915,138.00 .,.,.,.,..._, 2,915,138.00 1,107,800.20 2,811,230.37 -103,907.63 3.56% Revenue Total: 2,915 138.00 2,915,138.00 1,107,800.20 2,811,230.37 -103,907.63 3.56% Expense 06 -Miscellaneous 5,600,107.00 5,423,607.00 149,601.62 442,442.68 4,981,164.32 91.84% Expense Total: 5,600,107.00 5,423 607.00 149,601.62 442,442.68 4,981,164.32 91.84% Fund: 111- Impact Mitigation Fee Surplus (Deficit): -2,684,969.00 -2,508,469.00 958,198.58 2,368 787.69 4,877,256.69 194.43% Fund: 206 - Bond Redemption Fund Revenue 00 - Revenues 1,247,500.00 1,247,500.00 1,972.32 247,129.85 -1,000,370.15 80.19% Revenue Total: 1,247,500.00 1,247,500.00 1,972.32 247,129.85 -1,000,370.15 80.19% Expense 06 - Miscellaneous 996,900.00 996,900.00 0.00 233,726.55 763,173.45 76.55% Expense Total: 996,900.00 996,900.00 0.00 233,726.55 763,173.45 76.55% Fund: 206 - Bond Redemption Fund Surplus (Deficit): ..._,...._ 250,600.00 250,600.00 1,972.32 13,403.30 -237,196.70 94.65% Fund: 411- Water Operating Revenue 00 - Revenues 4,305,885.00 4,305,885.00 358,485.01 2,426,852.52 -1,879,032.48 43.64% Revenue Total: 4,305,885.00 4,305,885.00 358,485.01 2,426,852.52 -1,879,032.48 43.64% Expense 05 - Public Works 4,066,174.99 4,066,174.99 351,779.07 2,020,170.01 2,046,004.98 50.32% 06 - Miscellaneous 1,944,700.00 1,944,700.00 19,849.23 93,360.20 1,851,339.80 95.20% Expense Total: 6,010,874.99 6,010,874.99 371,628.30 2,113,530.21 3,897,344.78 64.84% Fund: 411- Water Operating Surplus (Deficit): -1,704,989.99 -1,704,989.99 -13,143.29 313,322.31 2,018,312.30 118.38% Fund: 412 - Water Stabilization Revenue 00 - Revenues 0.00 0.00 4,466.28 30,351.51 30,351.51 0.00% Revenue Total: 0.00 0.00 4,466.28 30,351.51 30,351.51 0.00% Fund: 412 - Water Stabilization Total: 0.00 0.00 4,466.28 30,351.51 30,351.51 0.00% Fund: 414 - Water Debt Service Revenue 00 - Revenues 1,340,500.00 1,340,500.00 4,898.69 122,031.88 -1,218,468.12 90.90% Revenue Total: 1,340,500.00 1,340,500.00 4,898.69 122,031.88 -1,218,468.12 90.90% Expense 06 - Miscellaneous 1,340,400.00 1,340,400.00 0.00 88,741.86 1,251,658.14 93.38% Budget Report For Fiscal: 2025 Period Ending: 07/31/2025 Variance Original Current Period Fiscal Favorable Percent Department Total Budget Total Budget Activity Activity (Unfavorable) Remaining Expense Total: 1,340,400.00 1,340,400.00 0.00 88,741.86 1,251,658.14 93.38% Fund: 414 - Water Debt Service Surplus (Deficit): 100.00 100.00 4,898.69 33,290.02 33,190.02 33,190.02% Fund: 421- Storm Drainage Utility Revenue 00 - Revenues 2,448,800.00 2,448,800.00 320,794.89 2,125,365.26 -323,434.74 13.21% Revenue Total: 2,448,800.00 2,448,800.00 320,794.89 2,125,365.26 -323,434.74 13.21% Expense 05 - Public Works 2,199,044.90 2,199,044.90 147,586.19 914,938.09 1,284,106.81 58.39% 06 - Miscellaneous 723,800.00 723,800.00 8,262.66 42,572.42 681,227.58 94.12% Expense Total: 2,922,844.90 2,922,844.90 155,848.85 957,510.51 1,965,334.39 67.24% Fund: 421- Storm Drainage Utility Surplus (Deficit): �,_,_, _, -474,044.90 .._.._................._., -474,044.90 164,946.04 _ 1,167,854.75 �, 1,641,899.65 346.36% Fund: 422 - Storm Drainage Stabilization Revenue 00 - Revenues 75,000.00 75,000.00 2,295.13 15,597.00 -59,403.00 79.20% Revenue Total: 75,000.00 75,000.00 2,295.13 15,597.00 -59,403.00 79.20% Fund: 422 - Storm Drainage Stabilization Total: 75,000.00 75,000.00 2,295.13 15,597.00 -59,403.00 79.20% Fund: 424 - Storm Drainage Debt Service Revenue 00 - Revenues 444,000.00 444,000.00 8,262.66 41,833.27 -402,166.73 90.58% Revenue Total: 444,000.00 444,000.00 8,262.66 41,833.27 -402,166.73 90.58% Expense 06 - Miscellaneous 221,000.00 221,000.00 8,262.66 41,833.27 179,166.73 81.07% Expense Total: 221,000.00 221,000.00 8,262.66 41,833.27 179,166.73 81.07% 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 6,071,750.00 505,669.20 4,131,371.99 -1,940,378.01 31.96% Revenue Total: 6,071,750.00 6,071,750.00 505,669.20 4,131,371.99 -1,940,378.01 31.96% Expense 05 - Public Works 5,661,694.90 5,661,694.90 378,452.41 2,745,263.08 2,916,431.82 51.51% 06 - Miscellaneous 2,083,075.00 4,483,087.01 433,844.81 1,406,102.13 3,076,984.88 68.64% Expense Total: 7,744,769.90 10,144,781.91 812,297.22 4,151,365.21 5,993,416.70 59.08% Fund: 431- Sewer Operating Surplus (Deficit): -1,673,019.90 -4,073,031.91 -306,628.02 -19,993.22 4,053 038.69 99.51% Fund: 432 - Sewer Stabilization Revenue 00 - Revenues 0.00 0.00 6,494.67 44,135.83 44,135.83 0.00% Revenue Total: 0.00 0.00 6,494.67 44,135.83 44,135.83 0.00% Fund: 432 - Sewer Stabilization Total: 0.00 0.00 6,494.67 44,135.83 44,135.83 0.00% Fund: 434 - Sewer Debt Service Revenue 00 - Revenues 1,081,900.00 1,081,900.00 5,820.57 85,085.12 -996,814.88 92.14% Revenue Total: 1,081,900.00 1,081,900.00 5,820.57 85,085.12 -996,814.88 92.14% Expense 06 - Miscellaneous 1,081,500.00 1,081,500.00 0.00 45,530.26 1,035,969.74 95.79% Expense Total: 1,081,500.00 1,081,500.00 0.00 45,530.26 1,035,969.74 95.79% Fund: 434 - Sewer Debt Service Surplus (Deficit): 400.00 400.00 5,820.57 39,554.86 39,154.86 -9,788.72% Fund: 500 - Equipment Rental and Revolving Revenue 00 - Revenues 1,954,800.00 1,954,800.00 85,921.84 725,851.62 -1,228,948.38 62.87% Revenue Total: 1,954,800.00 1,954,800.00 85,921.84 725,851.62 -1,228,948.38 62.87% Expense 10 - ER&R 3,110,600.00 3,127,600.00 62,654.65 965,665.69 2,161,934.31 69.12% 8/1 J2022a1:67.;3"3P mane 16 of1.3' Budget Report For Fiscal: 2025 Period Ending: 07/31/2025 Variance Original Current Period Fiscal Favorable Percent Department Total Budget Total Budget Activity Activity (Unfavorable) Remaining Expense Total: 3,110,600.00 3,127,600.00 62,654.65 965,665.69 2,161,934.31 69.12% Fund: 500 - Equipment Rental and Revolving Surplus (Deficit): -1,155,800.00 -1,172,800.00 23,267.19 -239,814.07 932,985.93 79.55% Report Surplus (Deficit): -18,552,651.72 -20,747,757.82 1,531,615.15 7,982,562.54 28,730 320.36 138.47% 3/'L5/2025 1: 6.7.;3"3 P rage 17 of 13 Budget Report CAPITAL BUDGET For Fiscal: 2025 Period Ending: 07/31/2025 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 1,942,635.57 117,395.75 210,332.17 -1,732,303.40 89.17% Expense 4,742,100.00 3,207,039.74 408,846.34 949,333.20 2,257,706.54 70.40% Fund: 302 - Capital Construction Surplus (Deficit): -2,569,800.00 -1,264,404.17 -291,450.59 -739,001.03 525,403.14 41.55% Fund: 304 - Street Capital Projects Revenue 20,240,280.00 20,240,280.00 185,046.90 1,194,904.98 -19,045,375.02 94.10% Expense 20,947,500.00 20,281,588.64 150,861.79 684,673.25 19,596,915.39 96.62% Fund: 304 - Street Capital Projects Surplus (Deficit): -707,220.00 -41,308.64 34,185.11 510,231.73 551,540.37 1,335.17% Fund: 413 - Water Capital Revenue 8,124,800.00 8,124,800.00 189,146.55 3,633,601.72 -4,491,198.28 55.28% Expense ...... 8,432,800.00 8,432,800.00 187,625.84 614,607.04 7,818,192.96 92.71% Fund: 413 - Water Capital Surplus (Deficit): -308,000.00 -308,000.00 1,520.71 3,018,994.68 3,326,994.68 1,080.19% Fund: 423 - Storm Drainage Capital Facil Revenue 1,273,500.00 1,273,500.00 80,754.45 654,768.34 -618,731.66 48.59% Expense 1,460,000.00 1,460,000.00 153.96 893.11 1,459,106.89 99.94% Fund: 423 - Storm Drainage Capital Facil Surplus (Deficit): -186,500.00 -186,500.00 80,600.49 653,875.23 840,375.23 450.60% Fund: 433 - Sewer Capital Revenue 16,135,800.00 15,023,176.98 637,840.55 5,572,588.85 -9,450,588.13 62.91% Expense 16,729,825.00 17,343,280.31 931,373.29 3,475,041.53 13,868,238.78 79.96% Fund: 433 - Sewer Capital Surplus (Deficit): -594,025.00 -2,320,103.33 -293,532.74 2,097,547.32 4,417,650.65 190.41% Report Surplus (Deficit): -4,365,545.00 -4,120,316.14 -468,677.02 5,541,647.93 9,661,964.07 234.50% 8/15/2025 1:43:48 PM Page 3 of 4 Detail Report Fund 001- Current Expense 002 - City Street Fund 003 - Stabilization Fund 103 - Criminal Justice 104 - Special Investigative Unit 107 - Community Events 108 - Paths & Trails 109 - Real Estate Excise Tax 111- Impact Mitigation Fee 206 - Bond Redemption Fund 302 - Capital Construction 304 - Street Capital Projects 401- Water -Sewer Utilities 403 - Water -Sewer Cumulative Reserve 411- Water Operating 412 - Water Stabilization 413 - Water Capital 414 - Water Debt Service 421- Storm Drainage Utility 422 - Storm Drainage Stabilization 423 - Storm Drainage Capital Facil 424 - Storm Drainage Debt Service 431- Sewer Operating 432 - Sewer Stabilization 433 -Sewer Capital 434 -Sewer Debt Service 500 - Equipment Rental and Revolving 631- Trust and Agency 632 - Wastewater Treatment Facil Fee Grand Total: CASH & INVESTMENTS Beginning Balance Total Activity Ending Balance 20,157,203.79 5,085,188.58 3,306,324.28 665,161.35 107,580.33 555,815.96 19,017.61 7,456,476.74 12,625,315.17 528,801.61 1,120,425.94 1,428,158.61 0.00 0.00 3,080,628.07 1,197,461.18 11,454,297.23 1,313,396.06 3,331,151.78 615,349.87 1,515,666.84 0.00 9,041,017.39 1,741,295.96 12,585,749.15 1,560,562.88 5,225,547.77 15,213.71 8,794,130.02 114,526,937.88 428,572.06 -27,671.09 12,239.95 38,754.50 382.09 13,051.37 141.48 213,556.63 958,198.58 1,972.32 -291,450.59 34,185.11 0.00 0.00 -13,143.29 4,466.28 1,520.71 4,898.69 164,946.04 2,295.13 80,600.49 0.00 -306,628.02 6,494.67 -293,532.74 5,820.57 23,267.19 -3,919.09 100,184.86 1,159,203.90 20,585,775.85 5,057,517.49 3,318,564.23 703,915.85 107,962.42 568,867.33 19,159.09 7,670,033.37 13,583,513.75 530,773.93 828,975.35 1,462,343.72 0.00 0.00 3,067,484.78 1,201,927.46 11,455,817.94 1,318,294.75 3,496,097.82 617,645.00 1,596,267.33 0.00 8,734,389.37 1,747,790.63 12,292,216.41 1,566,383.45 5,248,814.96 11,294.62 115,686,141.78 Date Range: 07/01/2025 - 07/31/2025 Fund Summary $,/15/'52".> 1:44:09 PM Page 5 of 5