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HomeMy WebLinkAboutItem 4.07 Feb 04 Financial Rept CITY CLERK File # AGENDA STATEMENT CITY COUNCIL MEETING DATE: April 6, 2004 SUBJECT: Financial Reports for the Month of February 2004 Report Prepared by: Fred W. Marsh, Finance Manager and Lisa Hisatomi, Administrative Analyst II ATTACItMENTS: 1. YTD Revenues and Budget Comparison 2. YTD Expenses and Budget Comparison 3. Financial Statements for the Months of February 2004 RECOMMENDATION~ ~~Receive the reports. FINANCIAL STATEMENT: See reports for detail of monthly financial activity. DEscRIpTION: This item provides the report on the preliminary financial statements for the month of February. Consistent with prior reports the focus will be on General Fund Revenues and Expenditures, which represent the most significant portion of the City's operations. Analysis of February 2004 Revenue and Expenditure Report The February report represents the reporting of revenues and expenditures for the first eight months of the Fiscal Year. It should be noted that there is not an even distribution of revenues and expenditures on a monthly basis. Major amounts of Property Taxes and Sales Taxes are not received until later in the Fiscal Year. There is also a lag with the reporting of expenditures due to the significant amount of services provided to the City by independent contractors. General Fund Revenues Total General Fund Revenues collected through February are comparable to what occurred in the eighth month of the previous Fiscal Year. Through February 2004, the City had collected approximately 59% of the total budgeted General Fund Revenues, which was 2% more than the percentage collected in the prior Fiscal Year. Property' Taxes are higher than in the same period of the prior year due to timing differences related to deductions of property tax receipts for monies due to the Alameda County Surplus Property Authority under its revenue sharing agreement with the City. To date, Sales Taxes collected continue to be slightly ahead.when compared to the same period in the prior year. Due to the timing for the receipt of this revenue, the retail holiday activity is not recorded in the information presented here; Staff expects to provide Council with the actual Sales Taxes received through December 2003, as part of the March Financial Report. Real Property Transfer Tax is higher than in the same period of the prior year due to an increase in the dollar amount of residential and commercial property sales transactions within the City. Transient COPIES TO: Document in FSCOLOR 02_2004 / ~ ITEM NO. ~"",~ Occupancy Taxes are lower than in the same period of the prior year due to timing differences and lower than expected tax collections at some of the City's hotels. Licenses and Permits are higher than in the same period of the prior year due to an increase in the valuation of building permits on new residential and commercial projects. Interest Revenue is lower than in the same period in the priOr year due to significant market value increases that occurred in the City's investments in the prior year, a change in the method of allocating interest to all funds (from semi annually to quarterly) and timing differences in the receipt of interest payments. Initially all interest revenue is recorded in the General Fund and is then allocated quarterly to other funds on a pro rata basis. The amount of Vehicle License Fee (VLF) received in the current Fiscal Year has declined from the prior Fiscal Year due to lower Car sales statewide and the State not paying the backfill portion of the VLF for the first three months of the Fiscal Year. As of the writing of this report, the status of funding the VLF backfill is still not settled. As mentioned in the prior monthly financial reports, Council already approved a budget adjustment at the September 16, 2003, Council Meeting reducing the VLF revenue budget by $456,000 to compensate for this expected loss of revenue. Unless the State does pass legislation that provides funding to reestablish the payment of the backfill portion of the fee, the City could still realize an additional loss of approximately $180,000 in VLF for Fiscal Year 2003 -04 (as Previously reported to Council as part of the mid year report for the current Fiscal Year). In the Charges for Services category, as noted in previous financial reports, the City expects to receive approximately $267,000 less in revenue for the fire charges for services revenue item due to a change in how the Alameda County Sheriffs department are handling calls for emergency service at the Santa Rita location, which is offset by the increase in zoning and subdivision fees. Fines and Forfeitures are higher than in the same period of the prior year due to an increase in parking fines. Other Revenue is lower than in the same period of the prior year due to timing differences in the receipt of a reimbursement from the School District for partial reimbursement of the costs of a School Resource Officer in the prior Fiscal Year. General Fund Expenditures Overall, through the month of February expenditures in the General Fund totaled $18.2 million and represented approximately 45% of the total budgeted expenditures in the General Fund. Of this amount, a total of approXimately $1,400,000 was related to Capital Improvement Projects and the remainder was related to Operating Costs reported in the General Fund. Capital Project expenditures typically do not follow an even distribution due to differences in project timing. In looking only at General Fund Operating Expenditures, the activity through Februa~ 2004 was slightly higher when comPared to the amounts expended for the same period in the prior Fiscal Year. Through the end of Febr~taD72004, the City had expended 49% of the General Fund Operating Budget, which was 1 l% more than the percentage expended in the prior Fiscal Year. As previously noted there are some timing differences with payment for contract services, which complicate comparisons from one year to the next. · Police is higher than in the same period of the prior year due to timing differences in the billing by Alameda County for contract police services. Other Public Safety is higher than in the same period of the prior year due to timing differences in the billing by Alameda County for contract animal control services. Health and Welfare is higher than in the' same period of the prior year due to timing differences in the payments for contract child care support services and expenditures incurred for an update to the City's housing element that was originally anticipated to occur in Fiscal Year 2002-2003. Capital Improvement Projects are lower than in the same period of the prior year due to expenditures incurred for the construction of the City's new library. All expenditures are within the authorized budget. It is recommended that the City Council receive these reports as authorized by Section 41004 of the California Government Code. City of Dublin 2003-2004 YTD Revenues and Budget Comparison For the Period Endin Febru. a.r.y....2..9..,....20..0..4.. ................ Total General Fund Revenues Property Taxes Sales Taxes · FY 2003/04 Real Property Transfer Tax 37% iii::iii::i FY 2002/03 Transient Occupancy Taxes Franchise Taxes Licenses and Permits 11 l% Interest and Rentals Intergovernmental from State Charges for Services Fines and Forfeitures Other Revenues 0% 300/0 600/0 900/0 120°/o 150°/° 67% of Year Complete FY 2003~04 FY 2003~04 % of FY 2002~03 % of Total for Budget YTD Actual Budget YTD Actual FY 2002~03 Property Taxes 11,274,729 5,942,512 53% 4,759,016 47% Sales Taxes 13,036,000 8,421,073 65% 8,264,650 63% Real Property Transfer Tax 334,000 289,105 87% 206,538 54% Transient Occupancy Taxes 719,550 360,325 50% 418,016 58% Franchise Taxes 1,414,237 5851730 41% 549,208 39% Licenses and Permits 2,025,003 2,238,018 111% 1,741,986 ~ 72% Interest and Rentals 897,550 421,888 47% 1,231,088 76% Intergovernmental 1,916,900 979,034 51% 1,326,371 59% Charges for Services 4,868,788 2,561,530 53% 2,592,567 54% Fines and Forfeitures 106,500 63,646 60% 61,000 44% Other Revenues 551,071 119,183 22% 202,347 49% Total General Fund Revenues 37,144,328 21,982,044 59% 21,352,787 57% ATTACHMENT City of Dublin 2003-2004 YTD Expenses and Budget Comparison For the Period Ending February 29, 2004 Total General Fund 45% Expenses 5% General Government 7% Police 50% Fire Other Public Safety · FY 2003/04 Transportation 53' ~::~:?:~ FY 2002/03 Health and Welfare 5% culture & Community Services Community 7% Development ;8% Capital Improv. Projects ,9% 0% 20% 40% 60% 80% 100% 120% 67% of Year Complete 2003/04 2003/04 % of FY 2002/03 % of Total for Budget YTD Actual Budget YTD Actual FY 2002103 General Government 4,871,541 2,708,784 56% 2,494,471 57% Police 8,604,571 4,275,112 50% 620,390 8% Fire 7,159,187 2,189,659 31% 1,411,034 28% Other Public Safety 351,758 121,176 34% 77,228 27% Transportation 1,607,102 852,742 53% 679,988 51% Health and Welfare 47,941 36,393 76% 25,922 64% Culture and Community Services 5,329,601 2,882,601 54% 2,687,874 58% Community Development 6,498,591 3,696,516 57% 3,106,577 58% Capital Improvement Projects 6,125,677 1,389,422 23% 1,510,797 39% Total General Fund Expenses 40,595,969 18,152,405 45% 12,614,281 39% General Fund Operating EXpenses 34,470,292 16,762,983 49% 11,103,484 38% ATTACHMENT 2 Dale Printed: .3/'~2004 8~25 AM CITY OF DUBLIN'S PRO FORMA FINANCIAL STATEMENTS FOR THE MONTH OF FEBRUARY 2004 Prepared by The Finance Department March 2, 2004 ATTACHMENT 3 CITY OF DUBLIN BALANCE SHEET FOR THE PERIOD ENDING 29Feb2004 GENERAL SPECIAL SPECIAL CAPITAL TRUST/ T 0 T A L S REVENUE REVENUE ASSESSMENT IMPROVEMENT AGENCY ---MEMORANDUM ONLY--- FUNDS FUNDS FUNDS FUNDS FUND CURRENT PRIOR ASSETS CASH (42,200,296) 3,440,994 403,539 32.782,870 82,298 (5,490,595) (21,735,987) CASH WITH FISCAL AGENT 172,779 172.779 171,289 AMOUNT HELD IN ESCROW INVESTMENTS AT COST 93,105,254 93,105,254 93,290,046 RECEIVABLES: TAXES ACCOUNTS 232,566 37,776 270,342 500,688 INTEREST 200,330 200,330 542.481 ASSESSMENTS DUE FROM OTHERS 308,720 308,720 INVENTORY AT COST PREPAID ITEMS 10.364 10,364 10,120 FIXED ASSETS AMOUNT TO BE PROVIDED 1,447.500 1,447,500 1,553,500 TOTAL ASSETS 51,656.938 3,478,770 403,539 32,782,870 1,702.577 90.024,693 74,332,137 LIABILITIES/FUND EQUITY DEPOSITS FOR PRIVATE DEVEL (956,540) (956,540) (711,473) DEPOSITS FOR AB1600 FEES (29,177) (8,444,777) (8,473,954) (1,321,209) DEPOSITS OTHERS (1,415,078) (1,415,078) 896,958) PAYABLES: ACCOUNTS (846,365). (327~205) (5,031) (228,525) (1,407,126) 302,421) INTEREST PAYROLL (481,549) (481,549) 405,847) DUE TO OTHERS (27,953) (308,720) (336,673) (31,326) DEFERRED REVENUE (127,768) (127,768) 127,768) DEBT INSTRUMENTS PAYABLE (1.565.000) (1,565,000) (1,671,000) TOTAL LIABILITIES (3,884,428) (635.926) (5.031) (8,673,303) (1,565,000) (14,763,688) (5,468,002) FUND BALANCES (47,772.510) (2,842,844) (398,508) (24,109,567) (137.577) (75,261,006) (64,172,272) TOTAL FUND E (47,772,510) (2,842,844) (398,508) (24,109.567) (137.577) (75,261,006) (64,172,272) TOTAL LIABILITIES/EQUITY (51,656,938) (3.478,770) (403,539) (32,782,870) (1,702,577) (90,024.693) (69,640,274) CITY OF DUBLIN BALANCE SHEET FOR THE PERIOD ENDING 29Feb2004 INTERNAL ENTERPRISE FIXED ASSETS GENERAL LONG T 0 T A L S SERVICE FUND GROUP OF TERM DEBT ---MEMORANDUM--- FUNDS ACCOUNTS ACCOUNT GROUP CURRENT PRIOR ASSETS CASH 7,671,048 (20) 7,671,028 6,694,534 CASH WITH FISCAL AGENT AMOUNT HELD IN ESCROW INVESTMENTS AT COST RECEIVABLES: TAXES ACCOUNTS INTEREST ASSESSMENTS DUE FROM OTHERS INVENTORY AT COST PREPAID ITEMS FIXED ASSETS 47,265,633 19,466,456 66,732,089 48,676,346 AMOUNT TO BE PROVIDED 68,683,627 68,683,627 50~614,106 TOTAL ASSETS 54,936,681 (20) 19,466,456 68,683,627 143,086.744 105,984,987 LIABILITIES/FUND EQUITY DEPOSITS FOR PRIVATE DEVEL DEPOSITS FOR AB1600 FEES DEPOSITS OTHERS PAYABLES: ACCOUNTS (17,215) (17,215) INTEREST PAYROLL DUE TO OTHERS DEFERRED REVENUE DEBT INSTRUMENTS PAYABLE 68,683,627) (68,683,627) (50,614,106) TOTAL LIABILITIES (17,215) 68,683,627) (68,700,842) (50,614,106) FUND BALANCES (54,919,466) 20 (19,466,456) (74,385,902) (54,989,573) TOTAL FUND E (54,919,466) 20 (19,466,456) (74,385,902) (54,989,573) TOTAL LIABILITIES/EQUITY (54,936,681) 20 (19,466,456) (68,683,627) (143,086,744)(105,603,679) THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR TIiE PERIOD 07/01/2003 THROUGH 02/29/2004 GENERAL REVENUE FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE *******REVENUES******* PROPERTY TAXES 11,274.729.00 5,942,5t2.05 5,332,216.95 10,039,542.89 4,759 015.58 5,280,527.31 SALES TAX 13,036,000.00 8,421,073.15 4,614,926.85 13,193 407.37 8,264 649.56 4,928,757.81 REAL PROPERTY TRANSFER TAX 334,000.00 289,105.02 44,894.98 379 088.81 206 538.28 172,550.53 HOTEL TRANSIENT OCCUPANCYTAX 719,550.00 360,324.68 359,225.32 717 083.07 418 016.33 299,066.74 FRANCHISE TAXES 1.414,237.00 585,729.72 828,507.28 1,394 953.26 549 207.71 845,745.55 LICENSES & PERMITS 2,025,003.00 2,238,017.56 (213,014.56) 2,421 884.99 1,741 985.55 679,899.44 FINES & FORFEITURES 106,500.00 63,646.24 42,853.76 139 614.86 60 999.83 78,615.03 USE/MONEY & PROP-INTEREST 751,710.00 240,399.62 411,310.38 1,487 493.37 1,160,062.42 327,430.95 USE/MONEY & PROP-RENTALS 145,840.00 81,487.97 64,352.03 139 019.25 71,025.95 67,993.30 INTERGOVERNMENTAL 1,916,900.00 979,033.69 937,866.31 2,234,178.93 1,326,371.47 907,807.46 CHARGES FOR SERVICES 4,868,788.00 2,561,530.12 2,307,257.88 4,760,254.62 2,592,567.31 2,167,687.31 OTHER SOURCES OF REVENUE 551,071.00 119,183.60 431,887.40 410,713.57 202,346.92 208,366.65 TOTAL REVENUE 37,144,328.00 21.982,043.42 15,162,284.58 37,317,234.99 21,352,786.91 15,964,448.08 *******EXPENDITURES******* GENERAL GOVERNMENT ACTIVITIES: CITY COUNCIL 248,650.00 122,901.06 125 748.94 196 233.20 146.708.81 49,524.39 CITY MANAGER 823,204.00 509,594146 SIS 609.54 740 856.35 475,869.15 264,987.20 CENTRAL SERVICES 369.960.00 219,953.85 150 006.15 292 316.29 185,589.96 106,726.33 CITY ATTORNEY 646.047.00 395,695.62 250 351.38 850 821.87 454,629.32 396,192.55 ADMIN SERVICES 1,360,195.00 786,524.98 573 670.02 982 221.59 619,663.57 362.558.02 BUILDING MANAGEMENT 717.595.00 390.200.67 327 394.33 757323.39 427,587.67 329.735.72 INSURANCE COST CENTER 430,405.00 280,992.65 149 412.35 362022.64' 173,754.16 188,268.48 ELECTIONS COST CENTER 2.800.00 2.920.67 (120.67) 10,918.84 10,668.84 250.00 NON-DEPARTMENTAL 272,685.00 272,685.00 146,605.38 146.605.38 ACTIVITY TOTAL 4,871,541,00 2,708,783.96 2,162,757.04 4,339,319.55 2,494,471.48 1,844,848.07 PUBLIC SAFETY POLICE 8,604,571.00 4,275.112.22 4,329,458.78 7,947,078.88 620,390.29 7,326,688.59 CROSSING GUARDS 71,462.00 27,037.75 44,424.25 61,878.80 30,104.31 31,774.49 ANIMAL CONTROL 197,194.00 57,513.37 139,680.63 164,564.93 14,741.97 149,822.96 TRAFFIC SIGNALS & STREET LIGHTIN 11,150.00 2.130.33 9,019.67 DISASTER PREPAREDNESS 71,952.00 34,494.21 37,457.79 59,237.80 32,381.48 26,856.32 FIRE SERVICES 7,159,187.00 2,189,659.36 4,969,527.64 4,951,374.82 1,411,033.99 3,540,340.83 ACTIVITY TOTAL 16,115,516.00 6,585,947.24 9,529,568.76 13,184,135.23 2,108,652.04 11,075,483.19 TRANSPORTATION' PUBLIC WORKS 694,417.00 434,054.23 260,362.77 632,481.15 386,415.06 246,066.09 STREET MAINTENANCE 10,004.00 3,703.99 6,300.01 9,868.95 5,973.33 3,895.62 STREET SWEEPING 145,676.00 67,452.09 78,223.91 122,569.70 64,049.78 58,519.92 STREET TREE MAINTENANCE 118,188.00 50,510.05 67.677.95 76,662.73 22.792.10 53,870.63 STREET LANDSCAPING MAINTENAN 638,817.00 297,021.17 341,795.83 495,105.08 200,757.79 294,347.29 ACTIVITY TOTAL 1,607,102.00 852,741.53 754,360.47 1,336,687.61 679,988.06 656,699.55 HEALTH & WELFARE WASTE MANAGEMENT 8,691.00 8,691.00 1,798.28 3,551.78 (1,753.50) THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 GENERAL REVENUE FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE CHILD CARE 18,500.00 18,500.00 15,000.00 9,158.03 5,841.97 SOCIAL SERVICES 1,000.00 1,000.00 6,000.00 6,000.00 HOUSING PROGRAMS 19,750.00 16,893.18 2,856.82 17,501.74 7,211.74 10,290.00 ACTIVITY TOTAL 47,941.00 36,393.18 11,547.82 40,300.02 25,921.55 14,378.47 CULTURE & LEISURE SERVICES LIBRARY SERVICES 553,662.00 252 555.70 301,106.30 485,281.21 239,659.00 245,622.21 CULTURAL ACTIVITIES 138,088.00 88 113.82 49,974.18 121,198.29 88,778.93 32,419.36 HERITAGE CENTER 114.188.00 64 887.58 49,300.42 92,803.62 54,970.60 37,833.02 DUBLIN CEMETERY 43,858.00 29 915.18 13,942.82 31,341.84 15,697.07 15,644.77 PARK MAINTENANCE 1,457,804.00 700 175.88 757,628.12 11200,226.46 637,198.52 563,027.94 COMMUNITY TV 64,634.00 58 246.22 6,387.78 76,233.17 71,792.91 4,440.26 RECREATION ADMIN 541 383.00 329 477.68 211,905.32 452,646.88 282,078.93 170,567.95 PLAYGROUNDS 281 699.00 145 529.00 136,170.00 230,269.67 141,477.12 88,792.55 SHANNON CENTER 291 253.00 176 251.16 115,001.84 266,989.58 163,010.46 103,979.12 PRESCHOOL 82 383.00 47 755.99 34,627.01 74,354.14 47,837.35 26,516.79 TEENS PROGRAM 111 392.00 49 892.73 61,499.27 100,141.63 59,968.40 40,173.23 ADULT SPORTS 105 034.00 60 598.72 44,435.28 97,087.23 57,822.62 39,264.61 YOUTH SPORTS 113 604.00 66,771.08 46,832.92 93,209.36 62,748.01 30,461.35 COMMUNITY GYM 41 560.00 21,610.60 19,949.40 46,605.98 20,018.22 26,587.76 EMERALD GLEN ACTIVITY CENTER 4,039.00 4,039.00 SPECIAL EVENTS 361,928.00 193,608.28 168,319.72 356,425.65 207,550.24 148,875.41 SENIOR CENTER 219,072.00 132,491.93 86,581.07 183,985.64 106,026.36 77,959.28 RECREATION INSTRUCTION 190,418.00 117,672.29 72,745.71 153,581.45 101,196.26 52.385.19 AQUATICS 364,122.00 193.117.28 171,004.72 338,055.61 196,772.40 141,283.21 PARKS/FACILITIES MANAGEMENT 249,479.00 153,929.55 95,549.45 211,125.63 133,270.70 77,854.93 ACTIVITY TOTAL 5,329,601.00 2,882,600.67 2,447,000.33 4,611,563.04 2,687,874.10 1,923,688.94 COMMUNITY DEVELOPMENT PLANNING 2,451,689.00 1,311,022.19 1,140,666.81 1,767,026.63 1,018,405.40 748,621.23 BUILDING SAFETY 1,836,288.00 1,038,387.10 797,900.90 1,467,363.47 780,095.29 687,268.18 ENGINEERING 1,900,705.00 1,100,397.79 800,307.21 1,865,709.85 1,088,368.89 777,340.96 ECONOMIC DEVELOPMENT 309,909.00 246,708.48 63,200.52 278,983.20 219,707.47 59,275.73 ACTIVITY TOTAL 6.498,591.00 3,696,515.56 2,802,075.44 5,379,083.15 3,106,577.05 2,272,506.10 CAPITAL IMPROVEMENT PROJECTS GENERAL CIP PROJECTS 1,155,736.00 158,928.49 996,807.51 2,258,752.04 992,551.38 1,265,200.66 COMMUNITY IMPROVEMENTS 989,845.00 583,295.27 406,549.73 442,108.93 188,423.48 253,685.45 PARKS 2,869,563.00 466,900.61 2,402,662.39 669,566.48 188,035.40 481.531.08 STREET CONSTRC/IMPROVEMENTS 1,110,533.00 180,297.47 930,235.53 464,048.31 140,786.96 323.261.35 ACTIVITY TOTAL 6,125,677.00 1,389,421.84 4,736,255.16 3,834,475.76 1,510,797.22 2,323,678.54 TOTAL EXPENDITURES 40,595,969.00 18,152,403.98 22,443,565.02 32,725,564.36 12,614,281.50 20,111,282.86 EXCESS REVENUE (EXPENDITURES) (3,451,641.00) 3,829,639.44 (7,281,280.44) 4,591,670.63 8,738.505.41 (4.146,834.78) TRANSFERS IN FROM OTHER FUNDS 6,600.00 (6,600.00) 18,560.15 6,600.00 11,960.15 TRANSFERS OUT FROM OTHER FUNDS (20.00) .(20.00) REVENUES OVER(UNDER) EXPENDITURES (3,451,641.00) 3,836,239.44 (7,287,880.44) 4,610,210.78 8,745,105.41 (4,134,894.63) REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 SPECIAL REVENUE FUNDS CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE ************************ PROPERTY TAXES 108,192.00 53,194.09 54,997.91 103.107.58 51,268.30 51,839.28 SALES TAX/OTHER TAXES 333,000.00 183.635.36 149.364.64 380,199.02 231,231.53 148.967.49 FINES & FORFEITURES 149,000.00 75,954.37 73,045.63 134,670.06 74,222.75 60,447.31 USES/MONEY & PROPERTY 36,949.00 20,355.06 16,593.94 87,896.70 46,054.73 41.841.97 INTERGOVERNMENTAL FROM STATE 1,287,011.00 2,025.046.54 (738,035.54) 8,768,700.98 3,472,390.67 5,296,310.31 INTERGOVERNMENTAL FROM COUNTY 282.829.00 52,093.00 230,736.00 276,556.50 102,814.50 173.742.00 INTERGOVERNMENTAL FROM FEDERAL 1,672,692.00 44,490.17 1,628,201.83 133,137.78 65.563.31 67,574.47 CHARGES FOR SERVICES 981,937.00 497.885.40 484.051.60 920.648.29 458,063.84 462,584.45 OTHER SOURCES OF REVENUE 102,000.00 102.000.00 251.582.51 1,939.28 249,643]23 TOTAL REVENUE 4 953,610.00 2.952.653.99 2.000.956.01 11.056.499.42 4,503,548.91 6,552,950.51 *******EXPENDITURES******* PUBLIC SAFETY: POLICE 165.481.00 146.389.60 19.091.40 210,229.18 38,968.92 171,260.26 TRAFFIC SIGNALS & STREET LTG 189.500.00 72,977.12 116.522.88 137.632.61 67,905.25 69,727.36 DISASTER PREPAREDNESS 7.000.00 6.409.97 590.03 7,258.78 7.258.78 FIRE SERVICES 250.579.00 27.318.67 223,260.33 204,076.36 51 160.25 152,916.11 ACTIVITY TOTAL 612.560.00 253.095.36 359.464.64 559.196.93 158 034.42 401,162.51 TRANSPORTATION: STREET MAINTENANCE 237.579.00 105.440.18 132.138.82 238.621.60 87 678.83 150,942.77 STREET SWEEPING ACTIVITY TOTAL 237.579.00 105.440.18 132,138.82 238 621.60 87.678.83 .150,942.77 HEALTH & WELFARE: WASTE MANAGEMENT 1.295.325.00 514.631.67 780.693.33 1.063.584.65 506,956.38 556,628.27 SOCIAL SERVICES 44,935.00 29.273.14 15,561.86 28.427.00 16.449.14 11,977.86 HOUSING PROGRAMS ACTIVITY TOTAL 1.340.260.00 544.004.81 796,255.19 1~092.011.65 523.405.52 568,606.13 COMMUNITY DEVELOPMENT: ENGINEERING 6.000.00 6.000.00 6.000.00 1.407.00 4,593.00 ACTIVITY TOTAL 6.000.00 6,000.00 6.000.00 1.407.00 4,593.00 CAPITAL IMPROVEMENT PROJECTS: GENERAL CIP PROJECTS 50.000.00 50.000.00 COMMUNITY PROJECTS 770.167.00 770,167.00 36.200.00 36,200.00 PARKS 341.928.00 6~000.00 335,928.00 426.095.00 292.132.00 133,963.00 STREET CONSTRUCTION/IMPROVEMENT 2,443,522.00 1,651.002.65 792,519.35 8.733.595.34 1,753.124.14 6,980,471.20 ACTIVITY TOTAL 3.605,617.00 1,657.002.65 1.948,614.35 9.195.890.34 2,045.256.14 7,150,634.20 T 0 T A L EXPENDITURES 5,802.016.00 2,565,543.00 3,236,473.00 11,091.720.52 2,815,781.91 8,275.938.61 EXCESS <REVENUE>EXPENDITURE 848,406.00 (387,110.99) 1,235.516.99 35,221.10 (1,687,767.00) 1,722,988.10 TRANSFER IN FROM OTHER FUNDS TRANSFERS OUT TO OTHER FUNDS 6,600.00 (6,600.00) 18.560.15 856,531.16 (837,971.01) EXCESS <REVENUE> EXPENDITURE 848,406.00 (380,510.99) 1,228,916.99 53,781.25 (831,235.84) 885,017.09 THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 SPECIAL ASSESSMEN FUNDS CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE ************************ SPECIAL BENEFITS ASSESSMENTS 630,482.00 297,924.67 332,557.33 501,425.07 247,790.91 253,634.16 USES/MONEY & PROP-INTEREST 13,704.00 2,558.64 11,145.36 14,049.83 6,787.02 7,262.81 OTHER SOURCES OF REVENUE 4,000.00 144.29 3,855.71 10,598.97 5,070.54 5,528.43 TOTAL REVENUE 648,186.00 300,627.60 347,558.40 526,073.87 259,648.47 266,425.40 *******EXPENDITURES******* PUBLIC SAFETY: TRAFFIC SIGNALS & STREET LIG 269,686.00 122,926.88 146,759.12 204,778.18 105,042.94 99,735.24 ACTIVITY TOTAL 269,686.00 122,926.88 146,759.12 204,778.18 105,042.94 99,735.24 TRANSPORTATION PUBLIC WORKS 1,791.00 1,066.88 724.12 1,393.46 1,046.27 347.19 STREET TREE MAINTENANCE 29,768.00 6.123.50 23,644.50 9,437.02 5,140.21 4,296.81 STREET LANDSCAPE MAINTENANCE 355.333.00 131,346.10 223,986.90 264,802.70 157,761.59 107.041.11 ACTIVITY TOTAL 386,892.00 128,536.48 248,355.52 275,633.18 163,948.07 111,685.11 COMMUNITY DEVELOPMENT ENGINEERING 15.250.00 9,255.50 5,994.50 14,565.20 8,709.56 · 5,855.64 ACTIVITY TOTAL 15,250.00 9,255.50 5,994.50 14,565.20 8,709.56 5,855.64 CAPITAL IMPROVEMENT PROJECTS: COMMUNITY IMPROVEMENTS STREET CONSTRUCTION/IMPRVMNT 77,584.00 50,688.68 26,895.32 56,000.00 56,000.00 ACTIVITY TOTAL 77,584.00 50,688.68 26,895.32 56,000.00 56,000.00 T 0 T A L EXPENDITURES 749,412.00 321,407.54 428,004.46 550,976.56 277,700.57 273,275.99 EXCESS <REVENUE>EXPENDITURE 101,226.00 20,779.94 80,446.06 24,902.69 18,052.10 6,850.59 EXCESS <REVENUE>EXPENDITURE 101,226.00 20,779.94 80,446.06 24,902.69 18,052.10 6,850.59 THE CITY OF DUBLIN STATEMENT SHOWING REVENUE VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 CAPITAL IMPROVEMENT FUNDS CURRENT C'UI~RENT t>RIOR PRIOR BUDGET ACTUAL VARIANCE Y.T.D. FISCAL YEAR VARIANCE ********************* USES/MONEY & PROP-INTEREST 759,951.00 234,346.93 525,604.07 690,013.13 1,120,018.43 430,005.30 OTHER SOURCES OF REVENUE 19,079,000.00 8,444,777.41 10,634,222.59 10,195,565.15 10,195,565.15 TOTAL REVENUE: 19,838,951.00 8,679,124.34 11,159,826.66 690,013.13 11,315,583.58 10,625,570.45 ************--******** GENERAL GOVERNMENT ACTIVITIES: CITY ATTORNEY 28,800.00 11,848.44 16,951.56 8,153.46 23,902.29 15,748.83 ACTIVITY TOTAL 28,800.00 11,848.44 16,951.56 8,153.46 23,902.29 15,748.83 PUBLIC SAFETY: TRANSPORTATION: HEALTH & WELFARE: HOUSING PROGRAMS 2,496,948.00 473,160.68 2,023,787.32 76,986.30 219,771.73 142,785.43 CULTURE & LEISURE SERVICES: RECREATION ADMINISTRATION ACTIVITY TOTAL COMMUNITY DEVELOPMENT PLANNING 2,561.31 - (2,561.31) ACTIVITY TOTAL 2,561.31 (2,561.31) CAPITAL IMPROVEMENT PROJECTS GENERAL CIP PROJECTS 117,894.00 1,362,096.67 (1,244,202.67) 7,136,620.58 10,315,973.90 3,179,353.32 COMMUNITY IMPROVEMENTS PARKS 5,513,453.00 2,719,036.07 2,794,416.93 965,033.46 1,274,709.53 309,676.07 STREET CONSTRUCTION/IMPROVEME~x 17,409,516.00 2,268,072.27 15,141,443.73 5,105,104.07 9,091,559.57 3,986,455.50 ACTIVITY TOTAL 23,040,863.00 6,349,205.01 16,691,657.99 13,206,758.11 20,682,243.00 7,475,484.89 T O T A L EXPENDITURES 25,566,611.00 6,834,214.13 18,732,396.87 13,294,459.18 20,925,917.02 7,631,457.84 EXCESS <REVENUE>EXPENDITURE 5,727,660.00 (1,844,910.21) 7,572,570.21 12,604,446.05 9,610,333.44 (2,994,112.61) TRANSFER IN FROM OTHER FUNDS TRANSFERS OUT TO OTHER FUNDS EXCESS <REVENUE>EXPENDITURE 5,727,660.00 (1,844,910.21) 7,572,570.21 12,604,446.05 9,610,333.44 (2,994,112.61) THE CITY OF DUBLIN STATENENT SHONING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 TRUST/AGENCY FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE ************************ SPECIAL ASSESSMENTS 116,856.56 (116,856.56) 238,107.33 118,659.03 119,448.30 USES/MONEY & PROP-INTEREST 915.07 (915.07) 5,009.96 1,898.30 3,111.66 TOTAL REVENUE 117,771.63 (117,771.63) 243,117.29 120,557.33 122,559.96 ************************** GENERAL GOVERNMENT ACTIVITIES: NON-DEPARTMENTAL 229,893.50 (229,893.50) 233,949.42 231,594.42 2,355.00 ACTIVITY TOTAL ' 229,893.50 (229,893.50) 233,949.42 231,594.42 2,355.00 PUBLIC SAFETY: TRANSPORTATION: HEALTH & WELFARE: CULTURE & LEISURE SERVICES: COMMUNITY DEVELOPMENT: CAPITAL IMPROVEMENT PROJECTS T 0 T A L EXPENDITURES 229,893.50 (229,893.50) 233,949.42 231,594.42 2,355.00 EXCESS <REVENUE>EXPENDITURE 112.121.87 (112,121.87) (9,167.87) 111,037.09 (120,204.96) EXCESS <REVENUE>EXPENDITURE 112,121.87 (112,121.87) (9,167.87) 111,037.09 (120,204.96) THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 INTERNAL SERVICE FUNDS CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE ************************ USES/MONEY & PROP-INTEREST 145,333.00 48,228.05 97,104.95 209,125.89 111,500.94 97.624.95 CHARGES FOR SERVICES 1,590,277.00 961.724.04 628,552.96 1,326,711.49 861,380.45 465,331.04 OTHER SOURCES OF REVENUE 21,000.00 21,000.00 12,629,422.53 13,560.00 12,615,862.53 TOTAL REVENUE 1,756,610.00 1,009,952.09 746.657.91 14,165,259.91 986,441.39 13,178,818.52 *******EXPENDITURES******* GENERAL GOVERNMENT ACTIVITIES NON-DEPARTMENTAL 1,484,152.00 353,192.30 1,130,959.70 2,344,963.06 580,366.32 1,764,596.74 ACTIVITY TOTAL 1,484,152.00 353,192.30 1,130.959.70 2.344,963.06 580,366.32 1,764,596.74 PUBLIC SAFETY: FIRE 64,285.00 64,285.00 57,775.63 24,747.47 33,028.16 ACTIVITY TOTAL 64,285.00 64,285.00 57,775.63 24,747.47 23,028.16 TRANSPORTATION: HEALTH & WELFARE: CULTURE & LEISURE SERVICES COMMUNITY DEVELOPMENT: CAPITAL IMPROVEMENT PROJECTS: T 0 T A L EXPENDITURES 1,548,437.00 353,192.30 1.195,244.70 2,402,738.69 605,113.79 1,797,624.90 EXCESS <REVENUE>EXPENDITURE (208,173.00) (656,759.79) 448,586.79 (11,762,521.22) 381,327.60)(11.381,193.62) TRANSFERIN FROM OTHER FUNDS TRANSFERS OUT TO OTHER FUNDS EXCESS <REVENUE>EXPENDITURE (208,173.00) (656,759.79) 448,586.79 (11,762,521.22) 381,327.60)(11,381,193.62) THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2003 THROUGH 02/29/2004 ENTERPRISE FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE ************************ USES/MONEY & PROP-INTEREST TOTAL REVENUE *************************** GENERAL GOVERNMENT ACTIVITIES: NON-DEPARTMENTAL 20.00 20.00 20.00 20.00 FINANCE ACTIVITY TOTAL 20.00 20.00 20.00 20.00 PUBLIC SAFETY: HEALTH & WELFARE: CULTURE & LEISURE SERVICES COMMUNITY DEVELOPMENT: CAPITAL IMPROVEMENT PROJECTS: T 0 T A L EXPENDITURES 20.00 20.00 20.00 20.00 EXCESS <REVENUE>EXPENDITURE 20.00 20.00 20.00 20.00 TRANSFERS IN FROM OTHER FUNDS (20.00) (20.00) TRANSFERS OUT TO OTHER FUNDS EXCESS <REVENUE>EXPENDITURE 20.00 20.00 20.00 (20.00)