CCP 05-13-2014 - Laserfiche WebLink

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Intergovernmental Year -to -date revenues for this category are $18,944 compared to $15,878 last year. The budget for intergovernmental revenues includes $190,000 of Police and $82,000 of Fire Aid from the State, same as last year. Both are received in a lump sum in October. The 2014 budget includes $493,100 in local government aid (LGA), which will be received in two equal installments in mid -July and late December. This is the first time the City will receive LGA since 2003. 6. Charges for Services Some of the anticipated revenues included in this category are as follows: • License Bureau - Year -to -date revenues are $50,605 (27.4% of annual budget) compared to $47,777 last year at this time. • Xcel Energy Franchise Fees - Year -to -date revenues are $137,577 compared to $123,824 for the first quarter last year. • Recreation programs — revenues are $35,677 so far in 2014, compared to $41,443 for the first quarter last year. • Community Center — membership revenue was $58,827 in the 152 quarter of 2014, ($254,000 budgeted), compared to $60,737 in the first quarter of 2013. • Community Center — daily and punch pass revenue was $117,617 as of March 31, 2014, which is 45.7% of the budgeted amount of $257,700. In the 152 quarter last year, the amount was $109,703. Rents/Leases Public Works tower leases year -to -date revenue is $257,649, or 96.4% of the total budgeted amount of $269,400. Most of the lessees pay for the entire year in January, but two of them make monthly payments. 8. Interest Investment earnings are allocated on a quarterly basis. The first quarter's allocation will be recorded in April. 9. Transfers In Budgeted transfers in of $69,000 and $19,600 from the Community Reinvestment Fund have been made for the year. General Fund Expenditures 1. With 25% of the year gone, 21.8% of the total budgeted appropriations have been spent. As of the first quarter last year, 21.9% of the total budgeted appropriations had been spent. As of the end of the first quarter 2014, there are no unusual expenditures or trends. 2. The only departments where expenditures are more than 25% of the total budget are Administration and Central Services. Administration has spent 27.3% of its budget, mainly because many of the City's memberships are paid annually at the beginning of the year. Central Services has spent 27.9% of its budget, primarily because of a major repair of the North Roof Top Unit AC compressor. Water Fund The revenues reflect the utility billings for the first quarter. Year -to -date charges for services revenue is $291,309 (16.8% of budget) compared to the 151 quarter of last year's amount of $297,727. Expenses are at 24.4% of the total annual budget. The expenses include transfers out to the Water Improvement Capital Projects Fund for $105,801. Page 2 of 3