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

800.00

791.44

98.93%

920.80

-

-

-

301,100.00

255,289.61

84.79%

285,660.53

-

-

-

OTHER FINANCING MISCELLANEOUS

101,000.00

16,319.66 378,518.59 106,117.88

105.07%

118,300.80

-

-

TOTAL DEPT. REVENUE

402,900.00

93.95%

404,882.13

Expenditures by Category: SALARIES & WAGES

74,500.00 23,620.00 53,000.00 1,000.00 29,967.00 183,320.00

22,629.57 181,780.02

90.02% 104.31% 99.41% 93.50% 75.51% 99.16%

22,493.86 189,457.24

EMPLOYEE BENEFITS STAFF DEVELOPMENT

935.00

70.00

REPAIRS, MAINT, UTILITIES

67,063.19 24,637.80 52,687.49

85,392.39 25,036.09 45,652.89

CONTRACTUAL SVCS

COMMODITIES

MINOR CAPITAL IMPROVEMENT

- - -

-

-

CAPITAL OUTLAY DEBT SERVICE

4,256.00

90,284.50

-

-

TRANSFERS

31,176.00 396,583.00

32,839.66 386,828.73

105.34% 97.54%

22,130.08 480,517.05

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 municipal golf course. All revenue comes from fess to play golf and food and beverage sales.. No property tax dollars are used to support the municipal golf course. Non-Operational - There is one departmental fund that is classified as non-operational. This is the Golf Course Reserve fund and accounts fro expenditures related to capital projects and equipment purchases. Due to the operating conditions of the department, excess revenues are generally not available to transfer to the reserve account. While they cover all aspects of operation, they are not sufficient to set aside for future capital. The City has, in the past, transferred revenue form the city's Hotel-Motel Tax receipt into the Golf Reserve account to finance these project.

GOLF COURSE

GOLF COURSE

23,219.66 OPERATIONS NON-OPERATIONS

REVENUES

382,559.65 355,298.93

EXPENDITURES

4,269.08

(27,260.72)

18,950.58

-

-

-

REVENUES OVER/(UNDER) EXPENDITURES

137