2021.03 Monthly Budget ReportMONTHLY BUDGET FINANCIAL STATUS UPDATE
To: Mayor and Council members
From: Noah Crocker, Finance Director
Period: March 2021
OVERVIEW:
The Finance Department is committed to providing clear information to the Mayor, Council, and staff regarding
the budget status of the City. We have prepared the following reports to keep you up to date on the current
budget status of the City.
1)Budget Report
2)Detail Fund Summary Report
BUDGET REPORT:
The Budget report will first provide Operational Funds and follow up with Capital Projects Funds. This report does
not include beginning fund balance. This report is designed to provide a high-level view of each fund reviewing
total revenues and expenses. The report does provide expense information by department. The goal of the City is
to pay all current budget year expenses with current budget year revenues. We are not quite there yet, and this
will show in the Surplus (Deficit) line at the end of each fund. We expect that future budget cycles will smooth out
revenues and expenditures.
The Budget Report provides information on current revenues and expenditures by fund including the following:
•The original budgeted amount.
•Current budget which would reflect any amendments that have been made.
•Period activity which details the revenue and expense activity for the period in which the report was run.
•Fiscal activity will provide the year-to-date expense and revenue amounts.
•Variance Shows the difference between budgeted and actual.
•Percent remaining is the amount still needed to reach the budgeted amount.
CASH AND INVESTMENT FUND SUMMARY
The Cash and Investment Fund Summary provides information on current total cash & investment balances by
Fund.
Page 1 of 11
POINTS OF INTEREST:
Current Expense Fund 001 – The Current Expense Fund is used for the general governmental functions of the City.
The 28.43% of budgeted revenues were received through March 2021. This is slightly higher than expected.
The table provides budget versus actual (YTD) data by source of revenue.
SALES TAX REVENUES SUMMARY
•Total 2021 Budget:$5,235,000
•Total 2021 YTD Actuals:$1,608,739
•Year-to-Date Actual revenue collected is 18.17% higher when compared to Prior Year-to Date Actuals
•Year-to-Date Actual revenue collected is 27.11% higher when compared to Year-to Date Budgeted
The following tables provide additional sales tax information:
Revenue Source
2021
Original
Budget
2021
Current
Budget
2021 YTD
% of
Budget
Received
Received
March
2021
Property Tax 1,976,000 1,976,000 143,110 7.24%100,115
Sales Tax 5,235,000 5,235,000 1,608,739 30.73%481,233
Other Taxes 2,080,000 2,080,000 588,924 28.31%165,891
Total Taxes 9,291,000 9,291,000 2,340,773 25.19% 747,240
Licenses & Permits 480,300 480,300 139,114 28.96%34,149
Intergovernmental Revenue 626,600 626,600 268,930 42.92%77,109
Charges for Goods & Services 389,300 389,300 316,665 81.34%75,066
Fines & Penalties 163,300 163,300 46,323 28.37%18,838
Misc Revenues 177,000 177,000 52,233 29.51%15,017
Non-Revenues - - (605) 0.00%(85)
Capital Contributions - - - 0.00%-
REVENUE TOTALS 11,127,500 11,127,500 3,163,433 28.43%967,335
Current Expense Fund Revenues
Table 1: shows revenue received by month over a three-year period.
Page 2 of 11
Real Estate Excise Tax (REET) Fund 109 and Impact Mitigation Fee Fund 111
We have included a brief discussion on Real Estate Excise Tax. Please refer to MRSC.org for the complete version
of REET funding.
Real Estate Excise Tax (REET) is levied upon most the sales of real property. The tax is calculated based on the full
selling price, including the amount of any liens, mortgages, and other debts given to secure the purchase. (WAC
458-61A-301). Port Orchard imposes a 0.25% real estate excise tax – known as REET 1 or the “first quarter
percent” (RCW 82.46.010). REET 1 revenues are restricted and may only be used for certain purposes. Cities that
are fully planning under GMA and have a population of more than 5,000 must spend their REET 1 revenues on
“capital projects” that are listed in the capital facilities plan (CFP) element of their comprehensive plan. RCW
82.46.010(6)(b) defines “capital projects” as: Those public works projects of a local government for planning,
acquisition, construction, reconstruction, repair, replacement, rehabilitation, or improvement of streets; roads;
highways; sidewalks; street and road lighting systems; traffic signals; bridges; domestic water systems; storm and
sanitary sewer systems; parks; recreational facilities; law enforcement facilities; fire protection facilities; trails;
libraries; administrative facilities, judicial facilities, river flood control projects […] and technology infrastructure
that is integral to the capital project.
Note that REET 1 funds may not be used for developing or updating a capital facilities plan (CFP) or capital
improvement plan (CIP), but they can be used for design, engineering, surveys, etc. associated with a specific
qualifying project listed in a CFP or CIP.
In addition to REET 1, the City receives an additional 0.25% real estate excise tax – known as “REET 2” or the
“second quarter percent” (RCW 82.46.035). REET 2 revenues are also restricted and may only be used for
financing “capital projects” specified in the capital facilities plan element of the city’s comprehensive land use
plan. REET 2 funds are more specifically directed to infrastructure and parks capital projects. (However, note that
park lands “acquisition” is not an allowed use for REET 2.) REET 2 omits public facilities such as law enforcement,
fire protection, libraries, administration, and courts that were listed within the REET 1 statute.
RCW 82.46.035(5) defines “capital project” as:
(a) Planning, acquisition, construction, reconstruction, repair, replacement, rehabilitation, or
improvement of streets, roads, highways, sidewalks, street and road lighting systems, traffic signals,
bridges, domestic water systems, storm, and sanitary sewer systems; and
(b)Planning, construction, reconstruction, repair, rehabilitation, or improvement of parks
Table 2: provides current data for sales tax revenue collected Year-to-date.
Page 3 of 11
Note that the definition of “capital project” for REET 2 is more restrictive than it is in the REET 1 statute. REET 2
funds are more specifically directed to infrastructure and parks capital projects. However, REET 2 funds may be
used for REET 1 projects, as well as REET 2 maintenance, subject to certain limitations.
REET 2 funds may not be used for developing or updating a capital facilities plan (CFP) or capital improvement
plan (CIP), but they can be used for design, engineering, surveys, etc. associated with a specific qualifying project
listed in a CFP or CIP.
The City’s Real Estate Excise Tax receipts fluctuate monthly. 2021 REET revenue is currently coming in
significantly higher (133.79%) than the same period in prior years. March 2021 receipts are higher than March
2020 by 145.56%. The table below shows balances through March 2021 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 shows 2021 beginning fund balances, biennial revenue received, 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. As
identified in this table all funding sources have been either budgeted or obligated and there currently is no
surplus funding available for additional projects.
Impact Fees received for March 2021 are as follows:
o McCormick Woods Transportation $0
o Parks $2,433
o Transportation $14,930.28
REET revenues received in March:
o REET 1 $83,572.74
o REET 2 $83,572.74
Capital Construction Fund 302 – The design of the McCormick Woods Splash Pad was completed by Land
Expressions, LLC. (C-056-20). Construction is expected in 2021. Rice Fergus Miller is currently working on the City
Hall design.
Street Capital Construction Fund 304 – The project closeout of Tremont is almost complete. TIB has accepted the
project and the acceptance from WSDOT is in progress. Bay Street Pedestrian Path right of way efforts continue.
A change order in the amount of $613,317.05 for the City’s right of way agent was approved by Council on
4/14/21. The City has contracted with Skillings Inc for Design and Right of Way Services for the Bethel-Lincoln
Round-About project. Design for the project has begun.
Impact Fees
REET
Recreation Reserve
MW
Transport
Impact
Parks
Impact
Bayside
Plat SEPA Transportatio
n
REET 1 REET 2
Recreation
Reserve (001)
Admissions
Tax
Blue Berry
Bethel (Fund
304)
2021-2022 Beginning Balance 785,820 255,009 326,495 944,142 1,625,464 1,641,128 118,202 -
2021-2022 Revenue Received*30,671 22,099 252 53,575 232,439 232,444 - 234,233
2021-2022 Expenses Budgeted (550,000) (115,000) - (500,000) (393,000) (1,198,200) (90,000) -
2021-2022 Obligated Expenses (266,491) (162,108) (326,495) (743,509) (1,710,500) (585,500) - -
2021-2022 Ending Balance 0 0 252 (245,792) (245,597) 89,873 28,202 234,233
*Revenue received includes interest earned
Page 4 of 11
ENTERPRISE/UTILITY FUNDS:
Water operation - Water operations budgeted revenue in the amount of $3,344,700 for 2021. Through March,
the City has received $824,940 or 24.66% of the 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. Operations expended $619,429
through March, 15.12% of the annual amount
budgeted for 2021. The water operational
expense budget includes transfers which have not
yet been executed. The City manages its transfers
according to when the anticipated expenses are
to occur in the Water Capital Project or Debt
Services. The 2021 budget includes $1,206,500
for transfers. There were no transfers recorded
in March.
Sewer operation - $5,418,800 is budgeted for Sewer Operational Revenues for 2021. Through the month of
March $1,415,510 was received. This is 26.12% of the 2021 budgeted revenues. Operational expenses for the
Sewer Utility as of March 31, 2021 cost
$1,080,170. The sewer operational expense
budget includes transfers which have not yet
been executed. The City manages its transfers
according to when the anticipated expenses
are to occur in the Sewer Capital Project or
Debt Services. There $374,150 budgeted for
transfers in 2021. There were no transfers
recorded in March.
Storm Drainage operations -As of the end of March the Storm Drainage utility has received $509,286 or 30.83% of
its annual budgeted revenue. Through March 31, 2021, Storm Drainage Operations expended $276,722 (13.8%)
of its 2021 total budget authority. The storm
drainage operational expense budget includes
transfers. The City manages its transfers
according to when the anticipated expenses
are to occur in the Storm Drainage Capital
Project or Debt Services. There is currently
$342,150 budgeted for transfers in 2021.
There were no transfers recorded in March.
Page 5 of 11
4/15/2021 2:00:05 PM
Budget Report
City of Port Orchard Group Summary
For Fiscal: 2021 Period Ending: 03/31/2021
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Period
AcƟvityDepartment
Current
Total Budget
Original
Total Budget
Percent
Remaining
Fund: 001 - Current Expense
Revenue
00 - Revenues 3,163,432.71967,334.7411,127,500.00 11,127,500.00 -7,964,067.29 71.57 %
3,163,432.71967,334.7411,127,500.00 11,127,500.00 -7,964,067.29Revenue Total:71.57 %
Expense
01 - Finance 191,035.6965,188.55845,484.17 845,484.17 654,448.48 77.41 %
02 - Court 112,738.8737,648.85745,605.24 745,605.24 632,866.37 84.88 %
03 - Law Enforcement 922,611.98312,294.485,087,610.55 5,087,610.55 4,164,998.57 81.87 %
04 - Community Development 388,544.11172,952.381,955,200.27 1,955,200.27 1,566,656.16 80.13 %
05 - Public Works 425,190.2198,872.681,503,800.42 1,503,800.42 1,078,610.21 71.73 %
06 - Miscellaneous 200,000.000.00475,000.00 475,000.00 275,000.00 57.89 %
07 - Administration 380,408.50106,404.351,541,199.35 1,541,199.35 1,160,790.85 75.32 %
2,620,529.36793,361.2912,153,900.00 12,153,900.00 9,533,370.64Expense Total:78.44 %
542,903.35173,973.45-1,026,400.00 -1,026,400.00 1,569,303.35Fund: 001 - Current Expense Surplus (Deficit):152.89 %
Fund: 002 - City Street Fund
Revenue
00 - Revenues 258,660.41122,331.132,080,700.00 2,080,700.00 -1,822,039.59 87.57 %
258,660.41122,331.132,080,700.00 2,080,700.00 -1,822,039.59Revenue Total:87.57 %
Expense
05 - Public Works 315,581.43139,105.092,393,500.00 2,393,500.00 2,077,918.57 86.82 %
315,581.43139,105.092,393,500.00 2,393,500.00 2,077,918.57Expense Total:86.82 %
-56,921.02-16,773.96-312,800.00 -312,800.00 255,878.98Fund: 002 - City Street Fund Surplus (Deficit):81.80 %
Fund: 003 - Stabilization Fund
Revenue
00 - Revenues 200,704.69227.62200,000.00 200,000.00 704.69 0.35 %
200,704.69227.62200,000.00 200,000.00 704.69Revenue Total:0.35 %
200,704.69227.62200,000.00 200,000.00 704.69Fund: 003 - Stabilization Fund Total:0.35 %
Fund: 103 - Criminal Justice
Revenue
00 - Revenues 90,627.6822,200.54244,800.00 244,800.00 -154,172.32 62.98 %
90,627.6822,200.54244,800.00 244,800.00 -154,172.32Revenue Total:62.98 %
Expense
03 - Law Enforcement 31,352.5910,832.93284,800.00 284,800.00 253,447.41 88.99 %
31,352.5910,832.93284,800.00 284,800.00 253,447.41Expense Total:88.99 %
59,275.0911,367.61-40,000.00 -40,000.00 99,275.09Fund: 103 - Criminal Justice Surplus (Deficit):248.19 %
Fund: 104 - Special Investigative Unit
Revenue
00 - Revenues 262.4463.694,000.00 4,000.00 -3,737.56 93.44 %
262.4463.694,000.00 4,000.00 -3,737.56Revenue Total:93.44 %
Expense
03 - Law Enforcement 36.3212.334,000.00 4,000.00 3,963.68 99.09 %
36.3212.334,000.00 4,000.00 3,963.68Expense Total:99.09 %
226.1251.360.00 0.00 226.12Fund: 104 - Special Investigative Unit Surplus (Deficit):0.00 %
Fund: 107 - Community Events
Revenue
00 - Revenues 20,384.727,892.17100,000.00 100,000.00 -79,615.28 79.62 %
20,384.727,892.17100,000.00 100,000.00 -79,615.28Revenue Total:79.62 %
Operations________________________________________________________________________________________________
Page 6 of 11
Budget Report For Fiscal: 2021 Period Ending: 03/31/2021
4/15/2021 2:00:05 PM
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Period
AcƟvityDepartment
Current
Total Budget
Original
Total Budget
Percent
Remaining
Expense
07 - Administration 3,494.171,666.66109,700.00 109,700.00 106,205.83 96.81 %
3,494.171,666.66109,700.00 109,700.00 106,205.83Expense Total:96.81 %
16,890.556,225.51-9,700.00 -9,700.00 26,590.55Fund: 107 - Community Events Surplus (Deficit):274.13 %
Fund: 108 - Paths & Trails
Revenue
00 - Revenues 266.8497.101,000.00 1,000.00 -733.16 73.32 %
266.8497.101,000.00 1,000.00 -733.16Revenue Total:73.32 %
266.8497.101,000.00 1,000.00 -733.16Fund: 108 - Paths & Trails Total:73.32 %
Fund: 109 - Real Estate Excise Tax
Revenue
00 - Revenues 464,883.29168,300.521,377,400.00 1,377,400.00 -912,516.71 66.25 %
464,883.29168,300.521,377,400.00 1,377,400.00 -912,516.71Revenue Total:66.25 %
Expense
06 - Miscellaneous 32,875.700.001,292,900.00 1,292,900.00 1,260,024.30 97.46 %
32,875.700.001,292,900.00 1,292,900.00 1,260,024.30Expense Total:97.46 %
432,007.59168,300.5284,500.00 84,500.00 347,507.59Fund: 109 - Real Estate Excise Tax Surplus (Deficit):-411.25 %
Fund: 111 - Impact Mitigation Fee
Revenue
00 - Revenues 106,597.9217,934.92140,000.00 140,000.00 -33,402.08 23.86 %
106,597.9217,934.92140,000.00 140,000.00 -33,402.08Revenue Total:23.86 %
Expense
05 - Public Works 0.000.0050,000.00 50,000.00 50,000.00 100.00 %
06 - Miscellaneous 0.000.00865,000.00 865,000.00 865,000.00 100.00 %
0.000.00915,000.00 915,000.00 915,000.00Expense Total:100.00 %
106,597.9217,934.92-775,000.00 -775,000.00 881,597.92Fund: 111 - Impact Mitigation Fee Surplus (Deficit):113.75 %
Fund: 206 - Bond Redemption Fund
Revenue
00 - Revenues 32,875.700.00299,900.00 299,900.00 -267,024.30 89.04 %
32,875.700.00299,900.00 299,900.00 -267,024.30Revenue Total:89.04 %
Expense
06 - Miscellaneous 32,875.700.00299,900.00 299,900.00 267,024.30 89.04 %
32,875.700.00299,900.00 299,900.00 267,024.30Expense Total:89.04 %
0.000.000.00 0.00 0.00Fund: 206 - Bond Redemption Fund Surplus (Deficit):0.00 %
Fund: 411 - Water Operating
Revenue
00 - Revenues 824,940.52289,643.913,344,700.00 3,344,700.00 -2,519,759.48 75.34 %
824,940.52289,643.913,344,700.00 3,344,700.00 -2,519,759.48Revenue Total:75.34 %
Expense
05 - Public Works 617,029.01187,138.832,889,600.00 2,889,600.00 2,272,570.99 78.65 %
06 - Miscellaneous 2,400.002,400.001,206,500.00 1,206,500.00 1,204,100.00 99.80 %
619,429.01189,538.834,096,100.00 4,096,100.00 3,476,670.99Expense Total:84.88 %
205,511.51100,105.08-751,400.00 -751,400.00 956,911.51Fund: 411 - Water Operating Surplus (Deficit):127.35 %
Fund: 412 - Water Stabilization
Revenue
00 - Revenues 124.9437.92263,500.00 263,500.00 -263,375.06 99.95 %
124.9437.92263,500.00 263,500.00 -263,375.06Revenue Total:99.95 %
124.9437.92263,500.00 263,500.00 -263,375.06Fund: 412 - Water Stabilization Total:99.95 %
Fund: 414 - Water Debt Service
Revenue
00 - Revenues 0.000.00485,125.00 485,125.00 -485,125.00 100.00 %
0.000.00485,125.00 485,125.00 -485,125.00Revenue Total:100.00 %
Page 7 of 11
Budget Report For Fiscal: 2021 Period Ending: 03/31/2021
4/15/2021 2:00:05 PM
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Period
AcƟvityDepartment
Current
Total Budget
Original
Total Budget
Percent
Remaining
Expense
06 - Miscellaneous 0.000.00485,125.00 485,125.00 485,125.00 100.00 %
0.000.00485,125.00 485,125.00 485,125.00Expense Total:100.00 %
0.000.000.00 0.00 0.00Fund: 414 - Water Debt Service Surplus (Deficit):0.00 %
Fund: 421 - Storm Drainage Utility
Revenue
00 - Revenues 509,286.62204,467.471,652,100.00 1,652,100.00 -1,142,813.38 69.17 %
509,286.62204,467.471,652,100.00 1,652,100.00 -1,142,813.38Revenue Total:69.17 %
Expense
05 - Public Works 250,757.3094,703.971,773,850.00 1,773,850.00 1,523,092.70 85.86 %
06 - Miscellaneous 25,964.960.00342,150.00 342,150.00 316,185.04 92.41 %
276,722.2694,703.972,116,000.00 2,116,000.00 1,839,277.74Expense Total:86.92 %
232,564.36109,763.50-463,900.00 -463,900.00 696,464.36Fund: 421 - Storm Drainage Utility Surplus (Deficit):150.13 %
Fund: 422 - Storm Drainage Stabilization
Revenue
00 - Revenues 57.0817.32164,000.00 164,000.00 -163,942.92 99.97 %
57.0817.32164,000.00 164,000.00 -163,942.92Revenue Total:99.97 %
57.0817.32164,000.00 164,000.00 -163,942.92Fund: 422 - Storm Drainage Stabilization Total:99.97 %
Fund: 424 - Storm Drainage Debt Service
Revenue
00 - Revenues 25,964.960.00178,100.00 178,100.00 -152,135.04 85.42 %
25,964.960.00178,100.00 178,100.00 -152,135.04Revenue Total:85.42 %
Expense
06 - Miscellaneous 25,964.960.00178,100.00 178,100.00 152,135.04 85.42 %
25,964.960.00178,100.00 178,100.00 152,135.04Expense Total:85.42 %
0.000.000.00 0.00 0.00Fund: 424 - Storm Drainage Debt Service Surplus (Deficit):0.00 %
Fund: 431 - Sewer Operating
Revenue
00 - Revenues 1,415,510.75475,730.125,418,800.00 5,418,800.00 -4,003,289.25 73.88 %
1,415,510.75475,730.125,418,800.00 5,418,800.00 -4,003,289.25Revenue Total:73.88 %
Expense
05 - Public Works 1,080,170.60472,749.633,901,150.00 3,901,150.00 2,820,979.40 72.31 %
06 - Miscellaneous 0.000.00374,150.00 374,150.00 374,150.00 100.00 %
1,080,170.60472,749.634,275,300.00 4,275,300.00 3,195,129.40Expense Total:74.73 %
335,340.152,980.491,143,500.00 1,143,500.00 -808,159.85Fund: 431 - Sewer Operating Surplus (Deficit):70.67 %
Fund: 432 - Sewer Stabilization
Revenue
00 - Revenues 195.2459.26374,150.00 374,150.00 -373,954.76 99.95 %
195.2459.26374,150.00 374,150.00 -373,954.76Revenue Total:99.95 %
195.2459.26374,150.00 374,150.00 -373,954.76Fund: 432 - Sewer Stabilization Total:99.95 %
Fund: 434 - Sewer Debt Service
Revenue
00 - Revenues 0.000.00275,000.00 275,000.00 -275,000.00 100.00 %
0.000.00275,000.00 275,000.00 -275,000.00Revenue Total:100.00 %
0.000.00275,000.00 275,000.00 -275,000.00Fund: 434 - Sewer Debt Service Total:100.00 %
Fund: 500 - Equipment Rental and Revolving
Revenue
00 - Revenues 89,281.9126,229.38671,500.00 671,500.00 -582,218.09 86.70 %
89,281.9126,229.38671,500.00 671,500.00 -582,218.09Revenue Total:86.70 %
Expense
10 - ER&R 84,877.3922,866.42977,000.00 977,000.00 892,122.61 91.31 %
Page 8 of 11
Budget Report For Fiscal: 2021 Period Ending: 03/31/2021
4/15/2021 2:00:05 PM
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Period
AcƟvityDepartment
Current
Total Budget
Original
Total Budget
Percent
Remaining
84,877.3922,866.42977,000.00 977,000.00 892,122.61Expense Total:91.31 %
4,404.523,362.96-305,500.00 -305,500.00 309,904.52Fund: 500 - Equipment Rental and Revolving Surplus (Deficit):101.44 %
Report Surplus (Deficit):577,730.66 2,080,148.93-1,179,050.00 -1,179,050.00 3,259,198.93 276.43 %
Page 9 of 11
4/15/2021 1:57:54 PM
Budget Report
City of Port Orchard Group Summary
For Fiscal: 2021 Period Ending: 03/31/2021
Fiscal
AcƟvity
Variance
Favorable
(Unfavorable)
Period
AcƟvityAccount Type
Current
Total Budget
Original
Total Budget
Percent
Remaining
Fund: 302 - Capital Construction
Revenue 69.2020.71620,000.00 620,000.00 -619,930.80 99.99 %
Expense 52,642.7131,794.46405,000.00 405,000.00 352,357.29 87.00 %
-52,573.51-31,773.75215,000.00 215,000.00 -267,573.51Fund: 302 - Capital Construction Surplus (Deficit):124.45 %
Fund: 304 - Street Capital Projects
Revenue 466,984.09202,559.253,638,100.00 3,638,100.00 -3,171,115.91 87.16 %
Expense 35,592.3532,666.112,956,100.00 2,956,100.00 2,920,507.65 98.80 %
431,391.74169,893.14682,000.00 682,000.00 -250,608.26Fund: 304 - Street Capital Projects Surplus (Deficit):36.75 %
Fund: 413 - Water Capital
Revenue 1,544,425.2044,601.775,995,100.00 5,995,100.00 -4,450,674.80 74.24 %
Expense 205,184.18110,833.603,012,200.00 3,012,200.00 2,807,015.82 93.19 %
1,339,241.02-66,231.832,982,900.00 2,982,900.00 -1,643,658.98Fund: 413 - Water Capital Surplus (Deficit):55.10 %
Fund: 423 - Storm Drainage Capital Facil
Revenue 29.889.0830,100.00 30,100.00 -30,070.12 99.90 %
29.889.0830,100.00 30,100.00 -30,070.12Fund: 423 - Storm Drainage Capital Facil Total:99.90 %
Fund: 433 - Sewer Capital
Revenue 247,594.3141,825.883,311,300.00 3,311,300.00 -3,063,705.69 92.52 %
Expense 91,239.9869,693.811,999,300.00 1,999,300.00 1,908,060.02 95.44 %
156,354.33-27,867.931,312,000.00 1,312,000.00 -1,155,645.67Fund: 433 - Sewer Capital Surplus (Deficit):88.08 %
Report Surplus (Deficit):44,028.71 1,874,443.465,222,000.00 5,222,000.00 -3,347,556.54 64.10 %
Capital Projects_______________________________________________________________________________________________
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Detail Report Date Range: 03/01/2021 - 03/31/2021
4/15/2021 1:52:19 PM
Fund Summary
Ending BalanceBeginning BalanceFund Total Activity
001 - Current Expense 7,308,741.72 7,484,784.17176,042.45
002 - City Street Fund 1,439,143.95 1,422,423.79-16,720.16
003 - Stabilization Fund 2,334,164.12 2,334,391.74227.62
103 - Criminal Justice 425,515.35 436,882.9611,367.61
104 - Special Investigative Unit 96,971.65 97,023.0151.36
107 - Community Events 222,667.05 228,892.566,225.51
108 - Paths & Trails 11,266.19 11,363.2997.10
109 - Real Estate Excise Tax 3,530,298.94 3,698,599.46168,300.52
111 - Impact Mitigation Fee 2,400,129.50 2,418,064.4217,934.92
206 - Bond Redemption Fund 0.00 0.000.00
302 - Capital Construction 217,907.51 186,133.76-31,773.75
304 - Street Capital Projects 1,994,013.69 2,163,906.83169,893.14
401 - Water-Sewer Utilities 0.00 0.000.00
403 - Water-Sewer Cumulative Reserve 0.00 0.000.00
411 - Water Operating 3,109,868.94 3,210,131.32100,262.38
412 - Water Stabilization 392,047.90 392,085.8237.92
413 - Water Capital 2,787,826.82 2,721,594.99-66,231.83
414 - Water Debt Service 0.00 0.000.00
421 - Storm Drainage Utility 2,155,820.56 2,265,745.47109,924.91
422 - Storm Drainage Stabilization 179,120.38 179,137.7017.32
423 - Storm Drainage Capital Facil 99,133.75 99,142.839.08
424 - Storm Drainage Debt Service 0.00 0.000.00
431 - Sewer Operating 3,205,960.98 3,209,098.763,137.78
432 - Sewer Stabilization 612,726.65 612,785.9159.26
433 - Sewer Capital 2,553,272.09 2,525,404.16-27,867.93
434 - Sewer Debt Service 0.00 0.000.00
500 - Equipment Rental and Revolving 3,494,271.48 3,497,634.443,362.96
631 - Trust and Agency 11,759.54 16,524.724,765.18
632 - Wastewater Treatment Facil Fee 2,948,961.14 2,980,957.4131,996.27
Grand Total:41,531,589.90 42,192,709.52661,119.62
Cash & Investments______________________________________________________________________________________________________________________________
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