|
Overall,the total General Fund revenues are presently projected to end the year at approximately$99,100
<br /> above the amount anticipated in the amended budget.
<br /> General Fund Expenditures
<br /> 7. With 75% of the year having elapsed, 65.5% of the total budgeted appropriations have been utilized.
<br /> Last year at the end of the third quarter, 62.9% of the total budgeted appropriations had been utilized.
<br /> Current projections for 2012 are that the total expenditures will be $68,300 under the amended
<br /> budget. Some of the more significant variances include the following:
<br /> • Credit card fees are projected to be less than the amount budgeted in both Finance, $4,800, and
<br /> the License Bureau,$10,100.
<br /> • NBCC is projecting savings of$9,500 in natural gas.
<br /> • Recreation is projecting savings of$13,300 in their"Other Services"category.
<br /> • A police officer is on military leave with the projected savings to be approximately$21,700.
<br /> The current 2012 projection for the General Fund as a whole is a net revenues over expenditures of
<br /> $132,400.
<br /> Water Fund
<br /> 8. The revenues reflect the utility billings through the third quarter. Year-to-date revenues are $990,947
<br /> (60.1% of budget)compared to last year of$942,684(60.6% of budget). Public Works is forecasting
<br /> quarterly billing/sales revenues for the Water Fund to be$1,200,000, or$232,900 below the budget of
<br /> $1,432,900. Expenses are at 72.9% of budget, or $1,237,988, compared to 69.7% of budget, or
<br /> $1,234,042.
<br /> Sewer Fund
<br /> 9. Year-to-date revenues are $1,694,720 compared to $1,729,518 in 2011. The forecast for revenues is
<br /> about $251,800 below budget. Year-to-date expenses are $1,742,920, or 68.3% of budget compared
<br /> to$1,786,369,or 69.9%last year at this time.
<br /> Stormwater Fund
<br /> 10. Revenues are less than last year; $481,679 compared to $495,226 last year. Expenses are currently at
<br /> 73.1%of the annual budget, or$454,783 compared to$364,339 last year.
<br /> Street Light Fund
<br /> 11. Revenues are up a little from last year at this time. $134,015 compared to $132,070 in 2011.
<br /> Expenses are currently at 65.6% of the annual budget.
<br /> Golf Course Fund
<br /> 12. Revenues are ahead of last year; $243,728 compared to $232,945 last year. Expenses are $279,537,
<br /> 73.7 %of the budget,while last year at this time they were$240,661 or 64.7% of the budget.
<br /> Dan Maiers,Finance Director
<br />
|