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

CHARGES FOR SERVICE SPECIAL ASSESSMENTS INTERGOVERNMENTAL USE OF MONEY/PROPERTY

178,300.00

177,118.46

99.34%

167,855.84

- - -

- - -

- - -

MISCELLANEOUS OTHER FINANCING

1,000.00 15,000.00 194,300.00

250.00

25.00% 340.23% 117.55%

5,385.00 46,357.00 219,597.84

51,034.38 228,402.84

TOTAL DEPT. REVENUE

Expenditures by Category: SALARIES & WAGES

8,500.00 37,250.00 64,500.00 2,000.00 2,972.00 16,719.00

2,518.92 17,288.86

68.24% 111.42% 88.27% 1.38% 84.76% 103.41%

2,211.84 15,769.41

EMPLOYEE BENEFITS STAFF DEVELOPMENT

27.53

-

REPAIRS, MAINT, UTILITIES

5,800.07 41,504.87 56,932.10

13,685.16 36,687.54 43,990.51

CONTRACTUAL SVCS

COMMODITIES

MINOR CAPITAL IMPROVEMENT

- - -

- - -

- - -

CAPITAL OUTLAY DEBT SERVICE

TRANSFERS

86,923.00 218,864.00

71,409.46 195,481.81

82.15% 89.32%

108,915.54 221,260.00

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 two categories, including Operations and Non-Operations. 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 airport fund. All revenue comes from charges for service and the rental of the facilities. No property tax dollars are used to support the airport. Non-Operational - There is one departmental fund classified as non-operational. This fund is the Airport Reserve and accounts for all expenditures related to capital projects and equipment that support the airport. Sources of revenue for these funds is cash in excess of the fund balance reserve policy of the City for the Airport Operations fund.

AIRPORT

AIRPORT

56,413.62 OPERATIONS NON-OPERATIONS

REVENUES

174,986.29 171,989.22

EXPENDITURES

20,495.52

(2,997.07)

35,918.10

-

-

-

REVENUES OVER/(UNDER) EXPENDITURES

124