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HomeMy WebLinkAbout20150131 budget summary report.pdfCITY OF REXBURG BUDGET SUMMARY REPORT FY 2015 4 months ending 01/31/2015 Page 1 EXPENDITURES BUDGET ACTUAL 33%FORECAST OPERATING EXPENDITURES Mayor & Council & MYAB 279,000 94,506 34%277,700 Economic Development 208,400 77,332 37%208,400 Arts 298,400 99,796 33%299,700 Customer Services 308,800 104,783 34%308,800 Information Technology 433,100 135,341 31%433,100 Financial Management 861,500 254,140 29%858,900 Legal Services 220,200 74,412 34%221,400 Planning & Zoning 164,500 51,885 32%164,500 Building Safety 1,225,500 225,401 18%1,223,200 GIS 419,200 151,323 36%414,800 Emergency Services 3,883,600 885,039 23%3,806,400 Golf Courses 498,300 91,202 18%499,800 Parks & Ball Diamonds 538,000 109,340 20%552,000 Recreation Administration & Programs 425,900 77,712 18%432,500 Riverside Aquatic Center 547,400 15,164 3%547,400 Miscellaneous: MYAB, Airport, Legacy Flight Museum 135,800 33,066 24%244,400 Police Department Administration Division & Fund 09 1,365,200 356,972 26%1,374,900 Patrol Division & Funds 13 1,883,000 568,924 30%1,885,500 Investigations Division 687,800 259,030 38%687,800 Community Services Division & Funds 08,11,14 555,300 176,648 32%555,200 Total Police Department 4,491,300 1,361,574 30%4,503,400 Public Works Public Works Director & Engineering 591,000 184,069 31%591,100 Shop 469,600 135,541 29%470,800 Sanitation 1,782,100 481,992 27%1,791,300 Water 2,056,900 560,290 27%2,149,300 Wastewater 4,135,000 907,281 22%4,101,300 Street Operations 2,330,700 703,341 30%2,321,500 Street Repair Contracts 1,544,700 293,245 19%1,544,700 Total Public Works 12,910,000 3,265,759 25%12,970,000 TOTAL OPERATING EXPENDITURES 27,848,900 7,107,775 26%27,966,400 CAPITAL EXPENDITURES General Fund Contingency 203,700 0%206,100 General & Street Fund Transfers 2,025,300 0%2,141,800 Construction 06,30,31,32,36,39,41,42,44,46,49,51-58,82,85 19,871,800 752,110 4%19,880,900 Contributed Capital 4,300,000 0%4,300,000 Capital Reserve Funds 07,18,20,33,34,35,38 4,302,600 122,018 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 32,995 2%1,621,600 TOTAL CAPITAL EXPENDITURES 32,925,800 907,123 3%33,053,800 TOTAL EXPENDITURES FOR ALL FUNDS 60,774,700 8,014,898 13%61,020,200 CITY OF REXBURG BUDGET SUMMARY REPORT FY 2015 4 months ending 01/31/2015 Page 2 REVENUES BUDGET ACTUAL 33%FORECAST OPERATING REVENUES Fund Balances for Operations 2,254,900 0%2,253,600 Property Tax 3,688,300 2,122,573 58%3,688,300 Interest 163,600 54,849 34%163,600 State Taxes & Grants 2,244,500 491,836 22%2,244,500 Miscellaneous 1,083,800 211,291 19%1,018,000 Utility Charges 7,831,400 2,562,770 33%7,831,400 Permits & Licenses 677,400 159,655 24%677,400 Franchise Fees 1,582,500 376,521 24%1,582,500 Parks, Recreation, Museums, Arts 1,092,900 86,151 8%1,092,900 County Road Tax 700,000 486,609 70%700,000 Operating Contributions 2,425,300 634,436 26%2,422,800 Interfund Charges for Services 3,774,500 661,354 18%3,869,400 Fund Transfers for Operations 1,506,800 0%1,604,200 Federal Grants 700,000 0%700,000 Reimbursements 0 0 0%0 Contingent Revenues for Operations 0 0 0%0 TOTAL OPERATING REVENUES 29,725,900 7,848,045 26%29,848,600 CAPITAL REVENUES Contributed Capital 4,710,000 0%4,804,300 Construction Funds 18,751,500 1,286,544 7%18,622,500 Capital Reserve Funds 4,352,600 244,218 6%4,352,600 LID Funds 600,800 37,556 6%600,800 Trust Funds 1,603,600 416,858 26%1,603,600 Fund Transfers In 1,030,300 0%1,030,300 TOTAL CAPITAL REVENUES 31,048,800 1,985,176 6%31,014,100 TOTAL REVENUES ALL FUNDS 60,774,700 9,833,221 16%60,862,700 OPERATIONS SUMMARY TOTAL OPERATING REVENUES 29,725,900 7,848,045 26%29,848,600 TOTAL OPERATING EXPENDITURES 27,848,900 7,107,775 26%27,966,400 ---NET OPERATIONS 1,877,000 740,270 1%1,882,200 CAPITAL SUMMARY TOTAL CAPITAL REVENUES 31,048,800 1,985,176 6%31,014,100 TOTAL CAPITAL EXPENDITURES 32,925,800 907,123 3%33,053,800 ---NET CAPITAL TRANSACTIONS -1,877,000 1,078,053 4%-2,039,700 TOTAL ALL REVENUES 60,774,700 9,833,221 16%60,862,700 TOTAL ALL EXPENDITURES 60,774,700 8,014,898 13%61,020,200 NET ALL REVENUES OVER EXPENDITURES 1,818,323 3%-157,500 CITY OF REXBURG CASH BALANCE REPORT FY 2015 Page 3 BALANCE AS OF CASH & INVESTMENTS*1/31/2015 Bank of Commerce Legacy Flight Museum Checking 22,199 Beehive Credit Union CD 249,525 Cash On Hand 1,050 Citizens Community Bank CDARS 4,125,567 Citizens Community Bank Checking (RLF)151,785 Fire District Cash & Investments 974,962 Real Estate Investments (Streets)301,064 State Diversified Bond Fund 7,087,769 State Local Government Investment Pool 3,105,463 Wells Fargo Bank Drug Fund Checking 21,163 Zions Bank Collateralized Acct 4,119,237 Zions Bank Direct Auction-Agencies 1,116,343 Zions Bank General Checking 976,919 Zions Bank Payroll Checking -388,631 TOTAL 21,864,415