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

13,100.00

22,216.08 22,045.00

169.59%

16,867.50

-

-

2,036,000.00

2,191,039.65

107.61%

2,193,136.72

-

-

-

MISCELLANEOUS OTHER FINANCING

33,000.00 145,000.00 2,227,100.00

79,968.11 535,158.89 2,850,427.73

242.33% 369.08% 127.99%

60,189.45 260,000.00 2,530,193.67

TOTAL DEPT. REVENUE

Expenditures by Category: SALARIES & WAGES

36,500.00 85,100.00 269,600.00 88,566.00 1,800.00 531,761.00

78,834.96 496,257.32

63.28% 98.96% 88.22% 33.22% 89.01% 93.32%

85,222.82 539,220.02

EMPLOYEE BENEFITS STAFF DEVELOPMENT

598.00

848.27

REPAIRS, MAINT, UTILITIES

23,097.09 84,213.33 237,853.55

29,256.57 84,090.52 202,572.47

CONTRACTUAL SVCS

COMMODITIES

MINOR CAPITAL IMPROVEMENT

-

-

-

CAPITAL OUTLAY DEBT SERVICE

70,000.00

12,175.00

17.39%

179,856.00

-

-

-

TRANSFERS

1,189,940.00 2,273,267.00

1,370,577.20 2,303,606.45

115.18% 101.33%

1,249,001.18 2,370,067.85

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 solid waste fund. All revenue comes from charges for service and disposal fees. No property tax dollars are used to support the solid waste operations. Non-Operational - There are two departmental funds classified as non-operational. The first fund is the Solid waste Reserve and accounts for all expenditures related to capital projects and equipment that support the solid waste department. Sources of revenue for these funds is cash in excess of the fund balance reserve policy of the City for the Solid Waste Operations fund. The second fund is the Transfer Station Closure fund. This fund is required by the State of Iowa and holds money in reserve to ensure that the City would have adequate funds on hand to permanently close the Transfer Station at some point in the future. The amount required to be held in the fund is calculated form time to time and if a deposit is required, money would be transferred form the Solid Waste Operations fund.

SOLID WASTE

SOLID WASTE

544,558.00 OPERATIONS NON-OPERATIONS

REVENUES

2,278,662.48 2,305,869.73

EXPENDITURES

24,943.97

27,207.25

519,614.03

-

-

-

REVENUES OVER/(UNDER) EXPENDITURES

127