CCP 08-23--2011 - Laserfiche WebLink

Home Browse Search

3. Fines and Fees Fines are received from Ramsey County one month in arrears. The second quarter reflects fines received for the months through May. Year-to-date revenues for this category are $26,448 (40.7% of the budget) compared to $27,827 (42.8% of the budget) last year. They have been projected to come in on budget. 4. Intergovernmental The budget for intergovernmental revenues includes $ - 0 - for LGA, $ - 0 - for Market Value Homestead Credit (MVHC) and $190,000 for Police Aid and $82,000 for Fire Aid from the State. Police and Fire Aid are received in a lump sum in October. Year-to-date revenues for this category are $315,578 compared to $359,923 last year. This category of revenues has been projected to finish the year with no significant variances. 5. Charges for Services Some of the anticipated revenues included in this category are as follows: • License Bureau - Year-to-date revenues are $80,128 (60.2% of annual budget) compared to $76,050 last year at this time. • Xcel Energy Franchise Fees -Year-to-date revenues are $253,873 compared to $241,371 as of the end of the second quarter last year. • Recreation programs —Year-to-date second quarter revenues are $127,756 for 2011 compared to $175,639 for 2010. Year-end projections are currently at about $25,600 below levels anticipated in the budget. • Community Center memberships and daily passes — Revenues are at 66.8% of budget or $268,429, compared to $217,298 last year. Current NBCC revenue projections for the year are $51,000 over the amount anticipated in the budget. 6. Interest Revenue Investment earnings are allocated on a quarterly basis. The second quarter's allocation will be recorded in July. Total interest revenues for the year are projected to be$16,000 below budget. Overall,the total General Fund revenues are presently projected to end the year at approximately$65,700 above the amount anticipated in the amended budget. General Fund Expenditures 7. With 50% of the year having passed, 41.1% of the total budgeted appropriations have been utilized. As of the second quarter last year, 44.6% of the total budgeted appropriations had been utilized. Current projections for 2011 are that the total expenditures will be $208,700 under the amended budget. The majority of these savings are in the personnel category. The 2011 Budgets included increases in compensation for non-union personnel. These increases were not implemented. The current 2011 projection for the General Fund as a whole is a net favorable variance of$274,400. Water Fund 8. The revenues reflect the utility billings through the second quarter. Our utility customers are billed on a quarterly basis, with each of our three billing districts being billed every three months. Year-to- date revenues are $577,372 (37.1% of budget) compared to last year of$545,254 (36.2% of budget). Expenses are at 47.5%of budget so far. Page 2 of 3