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

SPECIAL ASSESSMENTS CHARGES FOR SERVICE INTERGOVERNMENTAL USE OF MONEY/PROPERTY

50,993.00 52,000.00

59,322.54 70,940.49

99.90% 101.83% 2160.97% 116.33% 100.81% 136.42%

62,152.62 82,792.52

2,756,000.00

2,778,414.49

2,876,124.25

-

-

-

OTHER FINANCING MISCELLANEOUS

1,500.00

32,414.62

62,140.10

1,461,193.00 4,321,686.00

1,459,790.75 4,400,882.89

1,317,096.25 4,400,305.74

TOTAL DEPT. REVENUE

Expenditures by Category: SALARIES & WAGES

11,946.00 72,048.00

10,555.43 67,041.46

88.36% 93.05%

11,668.81 73,062.52

EMPLOYEE BENEFITS STAFF DEVELOPMENT

-

-

-

REPAIRS, MAINT, UTILITIES

1,640,409.00 3,774,774.00 839,983.00 131,950.00 55,000.00 933,638.00 89,800.00 -

2,375,709.05 4,740,140.33 838,874.44 432,735.62 43,857.79 921,947.67 49,418.87 -

144.82% 125.57% 99.87% 327.95% 79.74% 98.75% 55.03%

22,615.68 916,203.44 55,511.27

CONTRACTUAL SVCS

COMMODITIES

MINOR CAPITAL IMPROVEMENT

-

CAPITAL OUTLAY DEBT SERVICE

15,476.00

2,157,633.72 3,886,957.60 634,786.16

TRANSFERS

TOTAL DEPT. EXPENDITURES

Summary Revenues and Expenditures by Fund Type Departmental activities are accounted for as Business Like Activities. However, for the purposes of this report, the activities of the department are separated into three categories, including Operations, Non-Operations, and Debt Service. The description of these activities is as follows: Operations - This is the main departmental fund and accounts for the day to day operations of the sewer fund. All revenue comes from sewer user fees. No property tax dollars are used to support the airport. Non-Operational - There are three departmental funds that are classified as Non-Operational. These include the WTP Reserve and the Sewer Reserve. The purpose of these funds is to account for expenditures related to capital projects and equipment for the department. Sources of revenue for these funds is cash in excess of the fund balance reserve policy of the City for the Sewer Operations fund. The other non-operational fund is the CSI Reserve. This fund is to account for the collection of the CSI charge and transfer of money to the Sewer Debt Service fund. Debt Service - This is one fund classified as Debt Service. This fund is the Sewer Sinking Fund and accounts for the payment of sewer related debt payments. The primary source of funding is transfer of money from the CSI Reserve and the federal subsidy related to the 2010 CSI Improvements.

SEWER

SEWER

DEBT

OPERATIONS NON-OPERATIONS

SERVICE

REVENUES

2,129,728.66 2,137,831.34

1,771,537.23 1,424,067.97

838,874.44 838,983.58

EXPENDITURES

8,102.68

(347,469.26)

109.14

-

-

REVENUES OVER/(UNDER) EXPENDITURES

120