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

4,944,097.00 160,000.00 32,800.00 711,175.00

4,938,674.24 158,035.35 52,150.18 892,237.06

99.89% 98.77% 158.99% 125.46%

4,885,037.57 161,802.61 42,397.29 880,782.40

LICENSES & PERMITS

USE OF MONEY/PROPERTY INTERGOVERNMENTAL CHARGES FOR SERVICE SPECIAL ASSESSMENTS

- -

- -

- -

MISCELLANEOUS OTHER FINANCING

291,025.00 612,960.00 6,752,057.00

343,975.04 1,214,920.25 7,599,992.12

118.19% 198.21% 112.56%

305,250.89 2,681,613.66 8,956,884.42

TOTAL DEPT. REVENUE

Expenditures by Category: SALARIES & WAGES

-

-

-

EMPLOYEE BENEFITS STAFF DEVELOPMENT

1,410,222.00

1,344,242.84

95.32%

1,290,139.18

- -

- -

- -

REPAIRS, MAINT, UTILITIES

CONTRACTUAL SVCS

429,062.00 71,250.00

490,847.37 46,171.58

114.40% 64.80%

404,807.89 111,000.81

COMMODITIES

MINOR CAPITAL IMPROVEMENT

-

-

-

CAPITAL OUTLAY DEBT SERVICE

56,772.00

30,017.64

52.87%

53,967.10

-

-

-

TRANSFERS

828,882.00 2,796,188.00

1,839,614.91 3,750,894.34

221.94% 134.14%

1,382,593.31 3,242,508.29

TOTAL DEPT. EXPENDITURES

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 - The department has one fund classified as General Fund. This fund accounts for general miscellaneous expenses not attributable to any one department as well as transfers fro the General Fund. This department also receipts all property taxes and general revenue. Restricted Funds - The department has six operational funds that are classified as Restricted. These include the SRTS Reserve, Hotel/Motel Tax, Spencer Cares, Technology fund, Emergency Fund and Accrued Benefits fund. Each fund has its own source of revenue which is described in the Departmental Highlights section above. Special Revenue - The department has four operational funds classified as Special Revenue. These include FICA & IPERS (general expenses), Group Insurance, Worker's Compensation and Unemployment Benefits. Primary source of revenue for these funds include property taxes, and interdepartmental transfers of funds to cover associated expenses.

GENERAL

RESTRICTED

REVENUE SPECIAL

FUND

FUNDS

REVENUES

1,251,486.10 4,825,597.55

820,903.59 1,027,990.52

1,678,504.65 1,746,404.05

EXPENDITURES

3,574,111.45

207,086.93

67,899.40

-

-

REVENUES OVER/(UNDER) EXPENDITURES

96