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HomeMy WebLinkAboutItem 4.05 PrelFinRpt Oct2002 CITY CLERK File # AGENDA STATEMENT CITY COUNCIL MEETING DATE: November 19, 2002 SUBJECT: Preliminary Financial Reports For the Month of October 2002 Report Prepared by: Carole A. Perry, Administrative Services Director and Fred Marsh, Finance Manager ATTACHMENTS: 1. YTD Revenues and Budget Comparison 2. YTD Expenses and Budget Comparison 3. Financial Statements for the Month of October 2002 RECOMMENDATION '~J'fi~Receive the reports. FINANCIAL STATE'T: See reports for detail of monthly financial activity. DESCRIPTION: This item provides the report on the preliminary financial statements for the month of October. The final audited results for Fiscal Year 2001/2002 are not yet available; therefore, this report is presented as "preliminary" at this time. 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. Preliminary Reporting of Information The auditors are completing the final phase of the fieldwork necessary for the 2001/2002 audit. The final audit results will impact the reported Fund Balance presented in the attached monthly reports. The scope of any remaining final entries will not be significant when compared to all general fund revenues and expenses. Analysis of Preliminary October 2002 Revenue and Expenditure Report Given that this report encompasses only the first four months of the 2002/2003 Fiscal Year, there is extremely limited data on which to base any major projections or identify significant trends. For example, the receipt of revenues does not typically follow an even distribution throughout the Fiscal Year. 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. Additional Impacts resulting from Passage of State Budget for Fiscal Year 2002/2003 All bills relating to the State's Budget for Fiscal Year 2002/2003 have now been passed. As previously reported in the preliminary financial reports for the month of September, the City will continue to receive the full amount of Gas Taxes, booking fee reimbursements, motor vehicle in lieu fees from the Department of Motor Vehicles, and $100,000 for the Citizen's Option for Public Safety (COPS) grant for Fiscal Year 2002/2003. The final outcome for these items matched the assumptions used in the adopted budget, therefore no budget adjustments are being proposed at this time. COPIES TO: ~~ G:~Vlonthly Financials\102002 agenda statement monthly financials.doc ITEM NO. /~- General Fund Revenues Total General Fund Revenues collected through October are comparable to what occurred in the fourth month of the previous Fiscal Year. Through October 2002, the City has collected approximately 24% of the total budgeted General Fund Revenues compared to 22% in the prior Fiscal Year. Transient 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 number of permits pulled for new residential projects. Interest and Rentals is higher than in the same period of the prior year due to timing differences, an increase in market value on the City's investments, and a higher cash balance. Initially all interest revenue is recorded in the General Fund and allocated to other funds on a pro rata basis twice a year. Intergovernmental Revenue is higher than in the same period of the prior year due to an increase in the allocation of State Motor Vehicle in Lieu Fees. Charges for Services is lower than in the same period of the prior year due to a receipt of one time monies from AT&T for cable equipment. Fines and forfeitures are lower than in the prior year due to a decrease in traffic citations issued over the prior year. General Fund Expenditures Overall, through the month of October expenditures in the General Fund totaled approximately $7.3 million and represented approximately 18% of the total budgeted expenditures in the General Fund. Of this amount, a total of approximately $2.7 million 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 October 2002 was comparable to the amounts expended for the same period in the prior Fiscal Year. Through October 2002, the City had expended 18% of the General Fund Operating Budget, compared to 16% in the prior Fiscal Year. Health and Welfare is higher than in the same period of the prior year due to payment for contract senior support services in the current year. Community Development is lower than in the same period of the prior year due to timing differences in the payment of development related contract services in the Planning and Engineering divisions. Capital Improvement Projects are higher than in the same period of the prior year due to expenditures incurred to date for construction of the City's new library. All expenditures to date 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. For the Period Ending October 31, 2002 Total General Fund ReVenues ,% Property Taxes ~6% Sales Taxes ~~ ; · FY 2002/2003 [] FY 200 /2oo2 Real Property Transfer Tax ~/° Transient Occupancy Taxes 12)0~,'/6oo/o Franchise Taxes ~7~o I 71% Licenses and Permits :1 ',6% 78Yo Interest and Rentals ;',6% Intergovernmental from State ~ ~¢j/o Charges for Se~ices ~ Other Revenues ~ 349g , I 0% 30% 60% 90% 120% 150% 33% of Year Complete FY 2002/03 FY 2002~03 % of FY 2001/02 % of Total for Budget YTD Actual Budget YTD Actual FY 2001/02 Property Taxes 9,892,843 666,400 7% 527,038 6% Sales Taxes 12,702,000 3,167,657 25% 3,247,033 25% Real Property Transfer Tax 415,000 94,944 23% 86,531 20% Transient Occupancy Taxes 858,000 172,704 20% 211,068 26% Franchise Taxes 1,493,900 251,522 17% 261,606 19% Licenses and Permits 1,622,404 1,151,964 71% 594,890 26% Interest and Rentals 1,373,538 1,065,141 78% 494,774 26% Intergovernmental 2,096,165 768,807 37% 639,042 32% Charges for Services 4,815,035 1,130,921 23% 1,347,834 30% Fines and Forfeitures 114,000 28,067 25% 40,734 34% Other Revenues 742,768 75,517 10% 240,411 49% Total General Fund Revenues 36,125,653 8,573,644 24% 7,690,961 22% ~,,, ~,~: ,,,~,~o~,,:~^~ ATTACH M ENT 1 City of Dublin 2002-2003 YTD Expenses and Budget Comparison For the Period Ending October 31, 2002 Total General Fund ~ 18% Expenses 1'F% ~ General Government {io~;/° Police Fire · 2% ~2°/o Other Public Safety~----~'/[ , l ~1% _ · FY 2002/03 ll~9°/° i DFY 2001/02 Transportation ~ 22% Health and Welfare m !120% Culture & Community !8% Services { ;% Community Development 7% Capital Improv. ~ 24", ~o I Projects 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 33% of Year Complete FY 2002103 FY 2002103 % of FY 2001102 % of Total for Budget YTD Actual Budget YTD Actual FY 2001/02 General Government 4,393,521 1,216,019 28% 1,012,785 26% Police 7,876,674 283,385 4% 349,840 5% Fire 5,108,279 112,673 2% 88,247 2% Other Public Safety 313,858 20,571 7% 18,438 8% Transportation 1,337,221 247,653 19% 244,444 22% Health and Welfare 69,001 13,566 20% 2,682 5% Culture and Community Services 4,740,119 1,322,820 28% 1,034,561 26% Community Development 5,774,070 1,350,794 23% 1,274,239 27% Capital Improvement Projects 11,355,407 2,712,539 24% 1,178,890 20% Total General Fu nd Expenses 40,968,150 7,280,020 18% 5,204,126 17% General Fund Operating Expenses 29,612,743 4,567,481 15% 4,025,236 16% ATTACHMENT 2 CITY OF DUBLIN'S PRO FORMA FINANCIAL STATEMENTS FOR THE MONTH OF OCTOBER 2002 Prepared by The Finance Department November 6, 2002 ATTACHMENT 3 CITY OF DUBLIN BALANCE SHEET FOR THE PERIOD ENDING 310ct2002 GENERAL SPECIAL SPECIAL CAPITAL TRUST/ T 0 T A L S REVENUE REVENUE ASSESSMENT IMPROVEMENT AGENCY ---MEMORANDUM ONLY--- FUNDS FUNDS FUNDS FUND FUND CURRENT PRIOR ASSETS CASH (48,231,982) 2,385,924 335,950 39,624,465 17,489 (5,868,154) (22,993,807) CASH WITH FISCAL AGENT 170,522 170,522 167,304 AMOUNT HELD IN ESCROW 109,300 INVESTMENTS AT COST 90,934,928 90,934,928 87,815,632 RECEIVABLES: TAXES ACCOUNTS (NE 138,985 801,477 940,462 157,651 INTEREST 542,481 542~481 312,860 ASSESSMENTS DUE FROM OTHERS (121.261) (121.261) INVENTORY AT COST PREPAID ITEMS 14.179 14.179 3.865 FIXED ASSETS AMOUNT TO BE PROVIDED 1.553,500 1.553,500 1.652.500 TOTAL ASSETS 43,277,331 3.187.401 335.950 39,624,465 1.741.511 88.166,658 67.225.305 LIAL/FND BAL/RETND ERNGS DEPOSITS FOR PRIVATE DEVEL (1.009.916) (1.009~916) (834.984) DEPOSITS FOR AB1600 FEES (51,595) (3,281.037) (3.332.632) (23,492.446) DEPOSITS OTHERS (1.028,091) (1,028,091) (400,178) PAYABLES: ACCOUNTS (155.081) (87,079) (9.672) (251,832) (767,002) INTEREST PAYROLL (393.400) (393,400) (322,997) DUE TO OTHERS (38.446) 121,261 82,815 (35,601) DEFERRED REVENUE (127.768) (127.768) (146,433) DEBT INSTRUMENTS PAYABLE (1.671,000) (1.671,000) (1.770.000) TOTAL LIABILITIES (2.804.296) 34.182 (3.290,709) (1,671.000) (7,731.824) (27.769.642) FUND BALANCES (40,473.035) 3.221.583) (335.950) (36.333.755) (70.511) (80,434.834) (39.455.664) TOTAL FUND E (40,473.035) 3,221,583) (335.950) (36,333,755) (70,511) (80,434.834) (39.455,664) TOTAL LIAB. FND BAL. RETD (43.277,331) (3.187,401) (335.950) (39.624,465) (1,741.511) (88.166.658) (67,225,305) CITY OF DUBLIN BALANCE SHEET FOR THE PERIOD ENDING 310ct2002 INTERNAL ENTERPRISE FIXED ASSETS GENERAL LONG T 0 T A L S SERVICE FUNDS GROUP OF TERM DEBT ---MEMORANDUM--- FUNDS ACCOUNTS ACCOUNT GROUP CURRENT PRIOR ASSETS CASH 6,378.382 (20) 6.378.362 5,579,888 CASH WITH FISCAL AGENT AMOUNT HELD IN ESCROW INVESTMENTS AT COST RECEIVABLES: TAXES ACCOUNTS (NE INTEREST ASSESSMENTS DUE FROM OTHERS INVENTORY AT COST PREPAID ITEMS FIXED ASSETS 22,454,099 27.146.580. 49.600.680 38.136.473 AMOUNT TO BE PROVIDED 41.183.864 41,183,864 41.574,550 TOTAL ASSETS 28.832.481 (20) 27,146.580 41,183.864 97.162.905 85,290,911 LIAL/FND BAL/RETND ERNGS DEPOSITS FOR PRIVATE DEVEL DEPOSITS FOR AB1600 FEES DEPOSITS OTHERS PAYABLES: ACCOUNTS (1) INTEREST PAYROLL DUE TO OTHERS DEFERRED REVENUE DEBT INSTRUMENTS PAYABLE (41,183,864) (41.183.864) (41,574,550) TOTAL LIABILITIES (41.183.864) (41.183,864) (41.574.551) FUND BALANCES (28.832.481) 20 (27,146,580) (55.979.042)'(43.716.360) TOTAL FUND E (28,832,481) 20 (27,146,580) (55.979,042) (43.716,360) TOTAL LIAB. FND BAL. RETD (28.832,481) 20 (27.146,580) (41,183.864) (97.162,905) (85.290.911) THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2002 THROUGH 10/31/2002 GENERAL REVENUE FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE ********************** PROPERTY TAXES 9,892,843.00 666,400.12 9,226,442.88 8,732 324.89 527,037.54 8,205,287.35 SALES TAX 12,702,000.00 3,167,657.30 9,534,342.70 12,813 111.10 2,247,032.98 9,566,078.12 REAL PROPERTY TRANSFER TAX 415,000.00 94,943.53 320,056.47 434 832.20 86,530.64 348,301.56 HOTEL TRANSIENT OCCUPANCY TAX 858,000.00 172,704.08 685,295.92 810 219.79 211,068.10 599,151.69 F~NCHISE TAXES 1,493,900.00 251,522.21 1,242,377.79 1,385 815.52 261,606.42 1,124,209.10 LICENSES & PERMITS 1,622,404.00 1,151,963.79 470,440.21 2,327 250.77 594.890.32 1,732,360.45 FINES & FORFEITURES 114,000.00 28.066.79 85,933.21 118 190.93 40.734.20 77,456.73 USE/MONEY & PROP-INTEREST 1,244,226.00 1,027,378.68 216.847.32 1.843 673.66 467.922.02 1.275,751.64 USE/MONEY & PROP-RENTALS 129.312.00 37,762.69 91,549.31 85 936.82 26,852.10 59,084.72 INTERGOVERNMENTAL 2,096,165.00 768,807.17 1,327,357.83 1.992 383.50 639,042.34 1,253,341.16 CHARGES FOR SERVICES 4,815,035.00 1,130.921.05 3.684,113.95 4,464 259.66 1,347,834.39 3,116.425.27 OTHER SOURCES OF REVENUE 742,768.00 75,516.83 667,251.17 493.722.65 240,411.34 253.311.31 TOTAL REVENUE 36,125,653.00 8,572,644.24 27,552,008.76 35.501.721.49 7,690,962.39 27,810,759.10 *******EXPENDITURES******* GENERAL GOVERNMENT ACTIVITIES: CITY COUNCIL 212,932.00 51,560.68 161 371.32 217,946.55 47.030.21 170,916.34 CITY MANAGER 739,518.00 224,606.73 514 911.27 560.359.16 146.297.07 414,062.09 CENTRAL SERVICES 319,600.00 83,967.06 235 632.94 297.049.71 88.432.71 208.617.00 CITY ATTORNEY 659,076.00 210,342.88 448 733.12 764.484.52 162.961.83 601,522.69 ADMIN SERVICES 1,038,223.00 304,963.29 733 259.71 922.865.72 282.844:29 640,021.43 BUILDING MANAGEMENT 731,567.00 187,699.41 543 867.59 657.327.17 142,255.19 515.071.98 INSURANCE COST CENTER 386,665.00 152,853.57 233 811.43 385,395.68 132,962.05 252,433.63 ELECTIONS COST CENTER 20.940.00 25.30 20,914.70 14,507.57 1.50 14,506.07 NON-DEPARTMENTAL 285.000.00 285,000.00 109,981.56 10,000.00 99,981.56 ACTIVITY TOTAL 4,393.521.00 1,216,018.92 3,177,502.08 3,929,917.64 1.012,784.85 2,917,132.79 PUBLIC SAFETY POLICE 7,876,674.00 283,385.15 7,593,288.85 6,668.234.72 349,840.31 6,318,394.41 CROSSING GUARDS 71.462.00 4,791.50 66,670.50 56,677.08 4,248.79 52,428.29 ANIMAL CONTROL 181,437.00 181,437.00 138,935.98 138,935.98 DISASTER PREPAREDNESS 60,959.00 15,779.33 45.179.67 46,012.48 14,189.13 31,823.35 FIRE SERVICES 5,108,279.00 112,673.01 4,995,605.99 4.698,607.54 88,246.76 4,610,360.78 ACTIVITY TOTAL 13,298,8tl.00 416,628.99 12,882,182.01 11,608,467.80 456,524.99 11.151,942.81 TRANSPORTATION PUBLIC WORKS 616,631.00 154,664.05 461,966.95 557,207.53 166,417.81 390,789.72 STREET MAINTENANCE 10,427.00 83.48 10,343.52 6,406.00 429.60 5,976.40 STREET SWEEPING 132,100.00 19,430.41 112,669.59 132,383.34 9,631.16 122,752.18 STREET TREE MAINTENANCE 70,337.00 10,638.06 59,698.94 51,079,02 7,723.54 43,355.48 STREET LANDSCAPING MAINTENAN 507,726.00 62,836.74 444,889.26 347,022.86 60,241.77 286,781.09 ACTIVITY TOTAL 1,337,221.00 247,652.74 1,089,568.26 1,094,098.75 244,443.88 849,654.87 HEALTH & WELFARE WASTE MANAGEMENT 8,242.00 3,539.00 4,703.00 1,807.38 46.38 1,761.00 THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2002 THROUGH 10/31/2002 GENERAL REVENUE FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE CHILD CARE 15,000.00 2,626.00 12,374.00 15,000.00 1,836.00 13,164.00 SOCIAL SERVICES 6,000.00 6,000.00 HOUSING PROGRAMS 39,759.00 1,400.53 38,358.47 35,209.87 800.00 34.409.87 ACTIVITY TOTAL 69,001.00 13,565.53 55,435.47 52,017.25 2,682.38 49,334.87. CULTURE & LEISURE SERVICES LIBRARY SERVICES 496,219.00 119,829.50 376,389.50 376,276.00 376,276.00 CULTURAL ACTIVITIES 137,153.00 61,394.75 75,758.25 119,409.29 73,149.97 46,259.32 HERITAGE CENTER 90,771.00 24,671.07 66,099.93 69,081.56 14,451.70 54,629.86 DUBLIN CEMETERY 37,418.00 6,334.82 31,083.18 30,077.98 5,457.58 24,620.40 PARK MAINTENANCE 1,263,230.00 208,285.84 1,054,944.16 1.086,713.48 184,244.18 902,469.30 COMMUNITY TV 70,906.00 64,030.22 6,875.78 80,087.02 , 55,857.00 24,230.02 RECREATION ADMIN 453,444.00 132,321.07 321 122.93 374,416.72 96,564.08 277,852.64 PLAYGROUNDS 261,690.00 74,425.34 187 264.66 207,515.47 66,699.87 140,815.60 SHANNON CENTER 270,182.00 77,195.31 192 986.69 250,834.31 65,283.70 185,550.61 PRESCHOOL 79,421.00 24,631.84 54 789.16 57,470.25 17,196.83 40,273.42 TEENS PROGRAM 113,854.00 29,845.90 84 008.10 106,183.40 29,515.60 76,667.80 ADULT SPORTS 95,061.00 28,769.25 66 291.75 76:886.84 24,599.15 52,287.69 YOUTH SPORTS 96,743.00 24,390.40 72 352.60 82,402.67 22,248.98 60,153.69 COMMUNITY GYM ' 35,167.00 7,030.90 28 136.10 23,572.33 3,254.10 20,318.23 SPECIAL EVENTS 349,589.00 138,001.57 211 587.43 314:735.18 130,797.25 183,937.93 SENIOR CENTER 190,215.00 50,437.86 139 777:14 146:824.25 41,369.39 105,454.86 RECREATION INSTRUCTION 143,005.00 50,189.04 92,815.96 145,812.50 37,227.75 108,584.75 AQUATICS 332,691.00 127,736.82 194,954.18 322,391.18 131,934.39 190,456.79 PARKS/FACILITIES MANAGEMENT 223,360.00 63,298.04 160,061.96 142,041.19 34,709.15 107,332.04 ACTIVITY TOTAL 4.740,119.00 1,322,819.54 3,417,299.46 4,012,731.62 1,034,560.67 2,978,170.95 COMMUNITY DEVELOPMENT PLANNING 2,011,188.00 443,566.94 1,567.621.06 1,486,541.67 401,090.30 1,085,451.27 BUILDING SAFETY 1,563,701.00 319,651.31 1,244,049.69 1,276,343.20 343,775.00 932,568.20 ENGINEERING 1,902,477.00 447,112.86 1,455,364.14 1,609,544.48 414,326.38 1,195,218.10 ECONOMIC DEVELOPMENT 296,704.00 140,462.68 156,241.32 271,222.90 115,047.01 156,175.89 ACTIVITY TOTAL 5,774,070.00 1,350,793.79 4,423,276.21 4,643,652.25 1,274,238.69 3,369,413.56 CAPITAL IMPROVEMENT PROJECTS GENERAL CIP PROJECTS 6,952,517.30 2,533,815.26 4,418,702.04 4,582,889,35 941,168.68 3,641,720.67 COMMUNITY IMPROVEMENTS 1,814,645.00 90,641.46 1,724,003.54 273.283.82 40,481.51 232,802.31 PARKS 1,591,426.00 43,743.82 1.547,682.18 351,854.08 4,220.61 347,633.47 STREET CO~STRC/IMPROVEMENTS 996,819.00 44,328.32 952.480.68 580,008.92 193,018.94 386,989.98 ACTIVITY TOTAL 11,355,407.30 2,712,538.86 8,642,868.44 5,788,036.17 1,178,889.74 4,609,146.43 TOTAL EXPENDITURES 40,968,150.30 7,280,018.37 33,688,131.93 31,128,921.48 5,204,125.20 25,924,796.28 EXCESS REVENUE (EXPENDITURES) (4,842,497.30) 1,293,625.87 (6,136,123.17) 4,372,800.01 2,486,837.19 1,885,962.82 TRANSFERS IN FROM OTHER FUNDS 16,784.89 16,784.89 TRANSFERS OUT FROM OTHER FUNDS REVENUES OVER(UNDER) EXPENDITURES (4,842,497.30) 1,293,625.87 (6,136.123.17) 4,389,584.90 2,486,837.19 1,902,747.71 THE CITY OF DUBLIN STATEMENT SHOWING REVENUES VERSUS EXPENDITURES FOR THE PERIOD 07/01/2002 THROUGH 10/31/2002 SPECIAL REVENUE FUND CURRENT CURRENT PRIOR PRIOR BUDGET ACTUAL VARIANCE FISCAL YEAR Y.T.D. VARIANCE *********************** PROPERTY TAXES 93,610.00 93,610.00 91,099.68 91,099.68 SALES TAX/OTHER TAXES 317,700.00 101.252.57 216,447.43 206,812.62 65,903.71 140,908.91 FINES & FORFEITURES 153,000.00 24,953.68 128,046.32 149,023.41 19,106.74 129,916.67 USES/MONEY & PROPERTY 50,995.00 50,995.00 135,432.87 135,432.87 INTERGOVERNMENTAL FROM STATE 4,516,742.00 1,291,048.34 3,225,693.66 1,601,090.43 382,171.13 1,218,919.30 INTERGOVERNMENTAL FROM COUNTY 240.909.00 27,905.00 213,004.00 241,589.50 54,082.00 187,507.50 INTERGOVERNMENTAL FROM FEDERAL 242,461.00 57,763.34 184,697.66 778,796.26 20,195.00 758,601.26 CHARGES FOR SERVICES 885,779.00 885,779.00 865,790.08 865,790.08 OTHER SOURCES OF REVENUE 5,000.00 5,000.00 30,997.14 30,997.14 TOTAL REVENUE 6,506,196.00 1,502,922.93 5,003,273.07 4,100,631.99 541.458.58 3,559,173.41 ************************** PUBLIC SAFETY: POLICE 205,727.00 16.988.86 188,738.14 377,390.53 54,361.41 323,029.12 TRAFFIC SIGNALS & STREET LTG 145,900]00 22,696.48 123,203.52 145,399.20 13,664i96 131,734.24 FIRE SERVICES 213,873.00 254.88 213,618.12 193,800.29 566.05 193,234.24 ACTIVITY TOTAL 565,500.00 39,940.22 525,559.78 716,590.02 68,592.42 647,997.60 TRANSPORTATION: STREET MAINTENANCE 219,619.00 25,999.07 193,619.93 209,801.34 14,106.61 195,694.73 STREET SWEEPING ACTIVITY TOTAL 219,619.00 25,999.07 193,619.93 209,801.34 14.106.61 195,694.73 HEALTH & WELFARE: WASTE MANAGEMENT 1,079,569.00 260.68 1,079,308.32 1,030,807.37 2,124.70 1,028,682.67 SOCIAL SERVICES 28,427.00 1,038.02 27,388.98 7,500.00 7,500.00 HOUSING PROGRAMS 9,999.54 9,999.54 ACTIVITY TOTAL 1,107,996.00 1,298.70 1,106,697.30 1,048,306.91 2,124.70 1,046,182.21 COMMUNITY DEVELOPMENT: ENGINEERING 6,000.00 209.50 5,790.50 6,000.00 1,001.00 4,999.00 ACTIVITY TOTAL 6,000.00 209.50 5,790.50 6,000.00 1,001.00 4,999.00 CAPITAL IMPROVEMENT PROJECTS: GENERAL CIP PROJECTS COMMUNITY PROJECTS 36,782.00 36,782.00 73,425.55 18,688.96 54,736.59 PARKS 426,095.00 426,095.00 STREET CONSTRUCTION/IMPROVEMENT 4,838,395.00 726.009.21 4,112,385.79 2,259,994.81 308,611.06 1,951,383.75 ACTIVITY TOTAL 5,301,272.00 726,009.21 4,575,262.79 2,333,420.36 327,300.02 2,006.120.34 T 0 T A L EXPENDITURES 7,200,387.00 793,456.70 6,406,930.30 4,314.118.63 413,124.75 3,900,993.88 EXCESS <REVENUE>EXPENDITURE 694,191.00 (709,466.23) 1,403,657.23 213,486.64 (128,333.83) 341,820.47 TRANSFER IN FROM OTHER FUNDS TRANSFERS OUT TO OTHER FUNDS 16,784.89 16,784.89 EXCESS <REVENUE> EXPENDITURE 694,191.00 (709,466.23) 1,403,657.23 230,271.53 (128,333.83) 358,605.36