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HomeMy WebLinkAboutBudget Summary Report CITY OF REXBURGBUDGET SUMMARY REPORT FY 20187 months ending 4/30/2018 Page 1 EXPENDITURES BUDGETACTUAL58%FORECAST OPERATING EXPENDITURES Arts535,600179,22233%454,400 Building Safety867,600562,44265%929,700 Customer Services406,700215,49653%341,800 Economic Development391,700175,45345%388,100 Emergency Services3,656,3002,144,74359%3,860,300 Financial Management891,200447,80450%866,400 GIS399,000223,44556%380,200 Golf Courses622,700187,42430%624,400 Human Resources124,20064,58652%119,900 Information Technology664,900342,80852%625,800 Legacy Flight Museum151,40088,81159%150,400 Legal Services231,500136,10559%233,300 Mayor, Council & Mayor's Youth Advisory Board370,000245,35266%383,700 Miscellaneous53,20028,19553%46,700 Parks & Ball Diamonds694,600281,14740%714,700 Planning & Zoning331,400194,92559%334,400 Recreation Administration & Programs396,800203,23251%446,200 Rexburg Rapids482,800101,73721%480,200 Police Department Administration Division & Fund 091,118,000657,25359%1,201,500 Patrol Division & Funds 132,243,8001,354,45460%2,114,600 Investigations Division692,000432,64463%703,600 Community Services Division & Funds 08,11,14624,500362,95758%663,400 Total Police Department4,678,3002,807,30860%4,683,100 Public Works Building Maintenance44,10025,75158%48,200 Shop608,700315,14852%564,400 Sanitation2,104,3001,189,31757%2,061,600 Water2,709,9001,557,82557%2,775,900 Wastewater - Treatment2,768,3001,689,12361%3,079,200 Wastewater - Collections1,488,700871,36859%1,477,800 Street Operations2,277,3001,053,83546%2,207,500 Street Repair Contracts1,132,00032,1843%1,568,500 Total Public Works13,133,3006,734,55151%13,783,100 TOTAL OPERATING EXPENDITURES29,083,20015,364,78653%29,846,800 CAPITAL EXPENDITURES Engineering553,900323,67958%548,400 Construction9,233,6001,402,85815%8,112,700 Contributed Capital Offset2,070,0000%2,070,000 Capital Reserve Funds 07,18,20,33,34,35,381,062,800207,65020%1,030,100 LID Debt Service Funds 59-691,119,300209,36819%1,120,400 Trust & RLF Funds 15,16,19,21,22,90,91227,60066,51129%102,400 TOTAL CAPITAL EXPENDITURES14,267,2002,210,06615%12,984,000 Contingent Operating Expenses2,376,9000%207,500 Contingent Capital Expenses2,994,3000%115,300 Internal Transfers Out for Operations3,514,70011,0250%3,601,100 Internal Transfers Out for Capital7,394,8000%5,934,800 TOTAL EXPENDITURES FOR ALL FUNDS 59,631,10017,585,87729%52,689,500 CITY OF REXBURGBUDGET SUMMARY REPORT FY 20187 months ending 4/30/2018 Page 2 REVENUES BUDGETACTUAL58%FORECAST OPERATING REVENUES County Road Tax826,000531,98664%830,000 Federal Grants509,20092,75218%577,300 Franchise Fees1,723,000874,89651%1,768,300 Fund Balances for Operations2,872,9000%4,294,800 Investment Earnings148,10075,27551%137,300 Unrealized Gain (Loss)-188,1410% Interfund Charges for Services3,299,7001,908,14158%3,260,900 Miscellaneous515,000329,78764%545,000 Operating Contributions2,951,6001,503,92051%2,984,200 Parks, Recreation, Museums, Arts, Golf1,279,700336,86626%1,274,100 Permits & Licenses752,700657,82787%924,900 Property Tax4,557,1002,826,11662%4,557,100 State Taxes & Grants2,841,1001,382,72749%2,970,800 Utility Charges -Water2,827,5001,266,78245%2,891,000 Utility Charges -Wastewater4,677,6002,614,37856%4,700,800 Utility Charges -Sanitation2,128,4001,379,12265%2,227,700 TOTAL OPERATING REVENUES31,909,60015,592,43449%33,944,200 CAPITAL REVENUES Borrowing2,204,300458,77121%3,495,200 Capital Reserve Fees & Impact Fees1,959,7002,348,230120%2,732,500 Capital Reserve Carryover Balances2,196,5000%3,355,400 Construction Funds3,744,100130,3843%2,525,700 Contributed Capital1,850,8000%1,900,800 Engineering Billings559,7000%551,900 Fund Balances for Capital1,010,0000%1,175,600 Grants808,80038,3795%801,500 LID Funds357,40030,9519%207,400 Trust Funds1,708,900546,33532%1,728,730 TOTAL CAPITAL REVENUES16,400,2003,553,05022%18,474,730 Contingent Operating Revenues0% Contingent Capital Revenues0% Internal Transfers In for Operations3,551,50011,0250%3,655,000 Internal Transfers In for Capital7,769,8000%5,963,100 TOTAL REVENUES ALL FUNDS 59,631,10019,156,50932%62,037,030 OPERATIONS SUMMARY TOTAL OPERATING REVENUES 35,461,10015,603,45949%37,599,200 TOTAL OPERATING EXPENDITURES 34,974,80015,375,81153%33,655,400 ---NET OPERATIONS 486,300227,6483,943,800 CAPITAL SUMMARY TOTAL CAPITAL REVENUES 24,170,0003,553,05022%24,437,830 TOTAL CAPITAL EXPENDITURES 24,656,3002,210,06615%19,034,100 ---NET CAPITAL TRANSACTIONS -486,3001,342,9845,403,730 TOTAL ALL REVENUES59,631,10019,156,50932%62,037,030 TOTAL ALL EXPENDITURES59,631,10017,585,87729%52,689,500 NET ALL REVENUES OVER EXPENDITURES01,570,6329,347,530 CITY OF REXBURGCASH & INVESTMENT BALANCE REPORT FY 2018 Page 3 BALANCE AS OF Percentage of CASH & INVESTMENTS4/30/2018 Portfolio 9,332 250,000 2,250 752,743 276,050 250,000 25 3,729,208 307,085 7,491,467 7,712,600 439 15,420 766,965 3,175,778 1,032,698 0 0 286,130 20,197 26,078,387100.00%