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 USE OF MONEY/PROPERTY INTERGOVERNMENTAL CHARGES FOR SERVICE SPECIAL ASSESSMENTS MISCELLANEOUS OTHER FINANCING TOTAL DEPT. REVENUE

This column displays that actual amount of revenue generated during the Fiscal Year by budget category.

This column displays the amount of revenue generated in the previous Fiscal Year by budget category.

This column displays the budgeted amount of revenue by Category for the Fiscal Year.

This column displays the % of the Year to Date Revenue compared to the Budgeted Revenue.

Expenditures by Category: SALARIES & WAGES

EMPLOYEE BENEFITS STAFF DEVELOPMENT

This column displays the budgeted amount of expenditures by budget category for the Fiscal Year.

The column displays the actual dollar amount expended during the Fiscal Year by budget category.

This column displays the % of the Year to Date Expenditures compared to the Budgeted Expenditures.

REPAIRS, MAINT, UTILITIES CONTRACTUAL SVCS COMMODITIES MINOR CAPITAL IMPROVEMENT

This column displays the amount expended in the previous Fiscal Year by budget category.

CAPITAL OUTLAY DEBT SERVICE

TRANSFERS TOTAL DEPT. EXPENDITURES

Summary Revenues and Expenditures by Fund Type The City accounts for revenues and expenditures by several different fund types. They include the following: * General Fund - This is the general operating fund for the city for operations not related to Business-Type Activities. The major source of revenue fore departments within this fund is property taxes. * Restricted Funds - These funds are typically general in nature and are restricted by the City for specific purposes, such as equipment or future projects.; * Special Revenue - These funds are typically restricted by federal r state law, or the source of revenue; * Debt Service - These funds are used to pay for principal and interest on money borrowed by the City; * Capital Projects - These funds are utilized for major capital projects, such as buildings, infrastructure. The City may transfer funds form a restricted source to Capital Projects for disbursement; * Business-Type Activities - These funds account for the operations of the City that operate like a business, no tax dollars are used for these operations. Primary source of funding is through user fees. * Permanent Funds - These are funds held by the City in trust and have a specific purpose. Generally, only the interest off of these funs may be spent. * Internal Service Funds - These funds account for operations that serve an internal purpose. This would include the purchase goods in bulk and then at the time of use charged back to the specific department. Department will not have revenues or expenditures in all of these fund types. Only those relevant to the Department are shown.

The specific fund type will be displayed in a column.

REVENUES

For each fund type, the dedicated revenues and expenditures for the department are displayed.

EXPENDITURES

REVENUES OVER/(UNDER) EXPENDITURES

157