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

6,850.00

16,681.08

243.52%

12,617.80

-

-

-

18,000.00

19,723.96

109.58%

19,481.68

- - -

- -

- -

OTHER FINANCING MISCELLANEOUS

287,879.00 324,284.04

273,000.00 305,099.48

TOTAL DEPT. REVENUE

24,850.00

1304.97%

Expenditures by Category: SALARIES & WAGES

- - - - - - - - - - -

- - - - - - -

- - - - - - - - -

EMPLOYEE BENEFITS STAFF DEVELOPMENT

REPAIRS, MAINT, UTILITIES

CONTRACTUAL SVCS

COMMODITIES

MINOR CAPITAL IMPROVEMENT

CAPITAL OUTLAY DEBT SERVICE

10,800.00

-

TRANSFERS

140,733.46 151,533.46

4,172.10 4,172.10

TOTAL DEPT. EXPENDITURES

Summary Revenues and Expenditures by Fund Type Departmental activities are included in one budgetary categories. This fund is classified as Restricted Funds. A description of the activities included in each of these fund types follows: Restricted Funds - The department has three fund classified as Restricted funds. The Storm Sewer Reserve fund accounts for the capital expenditures related to maintaining and improving the city's storm sewer system. The fund has no dedicated source of revenue, however has been funded periodically from excess sewer revenues. The second fund is the Storm Water District # 1. The fund was created to account for revenues collected as part of the city's storm sewer district that covers the Deerfield development area. Any future improvements to that particular system will be funded form the monthly storm water fees. The third fund is Storm Sewer District # 2. This fund has not dedicated revenue or expenses. It was formally part of a county drainage district that was given to the City of Spencer by Clay County.

RESTRICTED

FUNDS

REVENUES

151,533.46 324,284.04

EXPENDITURES

172,750.58

-

-

-

-

REVENUES OVER/(UNDER) EXPENDITURES

61