FY 18 Annual Report

Revenues and Expenditures by Category

CURRENT BUDGET

YEAR TO DATE

% OF

FY 2017 ACTUAL

ACTUAL

BUDGET

Dedicated Revenues by Category: TAXES

- -

- -

- -

LICENSES & PERMITS

USE OF MONEY/PROPERTY INTERGOVERNMENTAL CHARGES FOR SERVICE SPECIAL ASSESSMENTS

750.00

1,372.17

182.96%

1,403.16

- - - -

- - - -

- - - -

MISCELLANEOUS OTHER FINANCING

36,680.00 37,430.00

38,045.23 39,417.40

103.72% 105.31%

38,566.06 39,969.22

TOTAL DEPT. REVENUE

Expenditures by Category: SALARIES & WAGES

40,289.00 6,680.00

49,842.93 8,045.23

123.71% 120.44%

52,238.34 8,566.06

EMPLOYEE BENEFITS STAFF DEVELOPMENT

-

-

-

REPAIRS, MAINT, UTILITIES

36,000.00

25,380.03

70.50% 94.39% 79.27%

27,565.78 9,999.08 3,812.41

CONTRACTUAL SVCS

110.00

103.83

COMMODITIES

3,000.00

2,378.10

MINOR CAPITAL IMPROVEMENT

-

-

-

CAPITAL OUTLAY DEBT SERVICE

25,000.00

4,894.93

19.58%

43,929.05

-

-

-

TRANSFERS

5,000.00

5,000.00 95,645.05

100.00% 82.40%

5,000.00

TOTAL DEPT. EXPENDITURES

116,079.00

151,110.72

Summary Revenues and Expenditures by Fund Type Departmental activities are included in three budgetary categories. These include the General Fund, Restricted Funds and Special Revenue. A description of the activities included in each of these fund types follows: General Fund - Overall day to day operation of the department is budgeted within the City's General Fund. There is no dedicated revenue for the department with the whole source of financing coming from property taxes. Restricted Funds - The department has one operational fund classified as Restricted. This is the City Hall Reserve fund which accounts for all capital expenditures made for the building as well as capital purchases for Administration. Source of revenue for the fund comes primarily from a portion of the City's Local Options Sales Tax receipts. Special Revenue - The department has one fund classified as Special Revenue. This fund accounts for the department's allocation of FICA/IPERS expenses. The primary source of revenue for this fund is property taxes.

GENERAL

RESTRICTED

SPECIAL REVENUE

FUND

FUNDS

REVENUES

-

31,372.17 9,894.93

8,045.23 8,045.23

EXPENDITURES

77,704.89

(77,704.89)

21,477.24

-

-

-

REVENUES OVER/(UNDER) EXPENDITURES

94