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

72,325.00

71,685.83

99.12%

86,183.73

LICENSES & PERMITS

-

-

-

USE OF MONEY/PROPERTY INTERGOVERNMENTAL CHARGES FOR SERVICE SPECIAL ASSESSMENTS

2,650.00 3,140.00 14,000.00

6,345.31 3,047.26 13,193.46

239.45% 97.05% 94.24%

4,773.27 3,704.80 13,880.29

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-

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MISCELLANEOUS OTHER FINANCING

4,330.14

1,010.00

113,429.00 205,544.00

112,216.77 210,818.77

98.93% 102.57%

111,044.97 220,597.06

TOTAL DEPT. REVENUE

Expenditures by Category: SALARIES & WAGES

393,053.00 96,254.00 16,000.00 69,800.00 8,450.00 30,300.00

381,237.12 94,232.30 10,392.88 67,812.11 6,071.26 14,845.57

96.99% 97.90% 64.96% 97.15% 71.85% 49.00%

398,043.90 89,047.34 5,696.00 60,497.01 3,677.06 22,629.76

EMPLOYEE BENEFITS STAFF DEVELOPMENT

REPAIRS, MAINT, UTILITIES

CONTRACTUAL SVCS

COMMODITIES

MINOR CAPITAL IMPROVEMENT

-

-

-

CAPITAL OUTLAY DEBT SERVICE

327,000.00

13,500.00

4.13%

22,579.83

-

-

-

TRANSFERS

5,156.00

5,268.50

102.18% 62.72%

5,156.00

TOTAL DEPT. EXPENDITURES

946,013.00

593,359.74

607,326.90

Summary Revenues and Expenditures by Fund Type Departmental activities are included in three budgetary categories. These include the General Fund, Restricted Funds and Special Revenue. A description of the activities included in each of these fund types follows: General Fund - Overall day to day operation of the department is budgeted within the City's General Fund. The dedicated revenue that is attributable to the department is derived from reimbursements from others. Restricted Funds - The department has one operational funds that is classified as Restricted. This is the Fire Reserve Fund which is used for capital expenditures for the department. Sources of revenue for this fund include rural fire contract revenue and a portion of the City's Local Option Sales Tax. Special Revenue - The department has two funds classified as Special Revenue. These include the department's allocation of FICA/IPERS and MFPRSI payments. FICA/IPERS and MFPRSI funds are primarily funded with property taxes.

GENERAL

RESTRICTED

SPECIAL REVENUE

FUND

FUNDS

REVENUES

497.00

122,986.10 18,612.50

87,335.67 93,432.30

EXPENDITURES

481,314.94

(480,817.94)

104,373.60

(6,096.63)

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-

REVENUES OVER/(UNDER) EXPENDITURES

48