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HomeMy WebLinkAboutbudget summary report.pdfCITY OF REXBURG BUDGET SUMMARY REPORT FY 2015 3 months ending 12/31/2014 Page 1 EXPENDITURES BUDGET ACTUAL 25%FORECAST OPERATING EXPENDITURES Mayor & Council & MYAB 279,000 74,342 27%279,000 Economic Development 208,400 61,358 29%208,400 Arts 298,400 79,696 27%297,700 Customer Services 308,800 81,715 26%308,800 Information Technology 433,100 106,986 25%433,100 Financial Management 861,500 184,159 21%861,500 Legal Services 220,200 56,997 26%220,200 Planning & Zoning 164,500 41,238 25%164,500 Building Safety 1,225,500 176,518 14%1,223,100 GIS 419,200 85,047 20%414,800 Emergency Services 3,883,600 687,975 18%3,881,400 Golf Courses 498,300 81,469 16%499,600 Parks & Ball Diamonds 538,000 96,094 18%532,000 Recreation Administration & Programs 425,900 61,897 15%425,500 Riverside Aquatic Center 547,400 14,011 3%547,400 Miscellaneous: MYAB, Airport, Legacy Flight Museum 135,800 29,376 22%145,800 Police Department Administration Division & Fund 09 1,365,200 264,637 19%1,374,900 Patrol Division & Funds 13 1,883,000 435,285 23%1,885,500 Investigations Division 687,800 204,325 30%687,800 Community Services Division & Funds 08,11,14 555,300 137,289 25%554,600 Total Police Department 4,491,300 1,041,536 23%4,502,800 Public Works Public Works Director & Engineering 591,000 143,010 24%591,000 Shop 469,600 109,711 23%469,600 Sanitation 1,782,100 442,456 25%1,791,300 Water 2,056,900 510,056 25%2,149,000 Wastewater 4,135,000 795,048 19%4,099,400 Street Operations 2,330,700 444,367 19%2,321,500 Street Repair Contracts 1,544,700 289,071 19%1,544,700 Total Public Works 12,910,000 2,733,719 21%12,966,500 TOTAL OPERATING EXPENDITURES 27,848,900 5,694,133 20%27,912,100 CAPITAL EXPENDITURES General Fund Contingency 203,700 0%206,100 General & Street Fund Transfers 2,025,300 0%2,124,100 Construction 06,30,31,32,36,39,41,42,44,46,49,51-58,82,85 19,871,800 412,746 2%19,742,800 Contributed Capital 4,300,000 0%4,300,000 Capital Reserve Funds 07,18,20,33,34,35,38 4,302,600 122,009 3%4,302,600 LID Debt Service Funds 59-69 600,800 0%600,800 Trust & RLF Funds 15,16,19,21,22,90,91 1,621,600 32,061 2%1,621,600 TOTAL CAPITAL EXPENDITURES 32,925,800 566,816 2%32,898,000 TOTAL EXPENDITURES FOR ALL FUNDS 60,774,700 6,260,949 10%60,810,100 CITY OF REXBURG BUDGET SUMMARY REPORT FY 2015 3 months ending 12/31/2014 Page 2 REVENUES BUDGET ACTUAL 25%FORECAST OPERATING REVENUES Fund Balances for Operations 2,254,900 0%2,253,600 Property Tax 3,688,300 357,599 10%3,688,300 Interest 163,600 6,471 4%163,600 State Taxes & Grants 2,244,500 9,555 0%2,244,500 Miscellaneous 1,083,800 103,275 10%1,087,900 Utility Charges 7,831,400 1,943,225 25%7,831,400 Permits & Licenses 677,400 138,646 20%677,400 Franchise Fees 1,582,500 111,622 7%1,582,500 Parks, Recreation, Museums, Arts 1,092,900 70,424 6%1,092,900 County Road Tax 700,000 76,368 11%700,000 Operating Contributions 2,425,300 550,579 23%2,422,500 Interfund Charges for Services 3,774,500 661,350 18%3,869,400 Fund Transfers for Operations 1,506,800 0%1,604,200 Federal Grants 700,000 1,450 0%700,000 Reimbursements 0 0 0%0 Contingent Revenues for Operations 0 0 0%0 TOTAL OPERATING REVENUES 29,725,900 4,030,564 14%29,918,200 CAPITAL REVENUES Contributed Capital 4,710,000 0%4,870,000 Construction Funds 18,751,500 1,050,017 6%18,622,500 Capital Reserve Funds 4,352,600 191,902 4%4,352,600 LID Funds 600,800 34,752 6%600,800 Trust Funds 1,603,600 13,008 1%1,603,600 Fund Transfers In 1,030,300 0%1,030,300 TOTAL CAPITAL REVENUES 31,048,800 1,289,679 4%31,079,800 TOTAL REVENUES ALL FUNDS 60,774,700 5,320,243 9%60,998,000 OPERATIONS SUMMARY TOTAL OPERATING REVENUES 29,725,900 4,030,564 14%29,918,200 TOTAL OPERATING EXPENDITURES 27,848,900 5,694,133 20%27,912,100 ---NET OPERATIONS 1,877,000 -1,663,569 -7%2,006,100 CAPITAL SUMMARY TOTAL CAPITAL REVENUES 31,048,800 1,289,679 4%31,079,800 TOTAL CAPITAL EXPENDITURES 32,925,800 566,816 2%32,898,000 ---NET CAPITAL TRANSACTIONS -1,877,000 722,863 2%-1,818,200 TOTAL ALL REVENUES 60,774,700 5,320,243 9%60,998,000 TOTAL ALL EXPENDITURES 60,774,700 6,260,949 10%60,810,100 NET ALL REVENUES OVER EXPENDITURES -940,706 -2%187,900 CITY OF REXBURG CASH BALANCE REPORT FY 2015 Page 3 BALANCE AS OF CASH & INVESTMENTS*12/31/2014 Bank of Commerce Legacy Flight Museum Checking 22,199 Beehive Credit Union CD 249,193 Cash On Hand 1,050 Citizens Community Bank CDARS 4,122,711 Citizens Community Bank Checking (RLF)151,785 Fire District Cash & Investments 1,024,577 Real Estate Investments (Streets)301,064 State Diversified Bond Fund 7,041,578 State Local Government Investment Pool 2,293,637 Wells Fargo Bank Drug Fund Checking 21,163 Zions Bank Collateralized Acct 2,623,101 Zions Bank Direct Auction 1,112,139 Zions Bank General Checking 1,164,036 Zions Bank Payroll Checking -427,283 TOTAL 19,700,950