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HomeMy WebLinkAboutQ3 Revenue Summary and XP March 31, 2023 March 31, 2023 Revenue Summary Fiscal Year July 1, 2022 -June 30, 2023 FY 2023 FY 2023 FY 2023 Mar. 31 3 Year General Fund Revenues Adopted Amended Mar. 31 Percent Mar. 31 Budget Budget Actuals YTD Avg. Property Taxes Non-Dedicated 36,095,000 36,095,000 33,956,772 Dedicated - Police 3,645,000 3,645,000 3,645,000 Dedicated - Fire 3,645,000 3,645,000 3,645,000 Dedicated - Roads 2,430,000 2,430,000 2,430,000 Dedicated - Parks 2,430,000 2,430,000 2,430,000 Total 48,245,000 48,245,000 46,106,772 95.6% 98.8% Income Taxes City Income Tax 37,510,000 37,510,000 27,301,227 Total 37,510,000 37,510,000 27,301,227 72.8% 61.0% Return on Equity Board of Water and Light 25,000,000 25,000,000 13,999,796 Sewer Fund 300,000 300,000 - Total 25,300,000 25,300,000 13,999,796 55.3% 50.3% State Revenues Revenue Sharing 16,899,500 16,899,500 9,380,764 Fire Reimbursement Grants 2,750,000 2,750,000 2,663,201 Personal Property Tax Reimbursement 900,000 900,000 923,270 Recreational Marijuana 900,000 900,000 1,100,148 Liquor License Fee 70,000 70,000 83,818 Total 21,519,500 21,519,500 14,151,201 65.8% 60.1% Charges for Services Public Safety 4,368,850 4,368,850 3,834,408 Reimbursements 2,242,200 2,242,200 1,695,536 Code Compliance 1,846,000 1,846,000 1,518,825 Recreation Fees 415,500 415,500 425,420 Appeals&Petitions 82,450 82,450 68,837 Work for Others 33,200 33,200 295,823 Central Stores 3,500 3,500 1,870 Subscriptions and Information 2,300 2,300 725 Total 8,994,000 8,994,000 7,841,445 87.2% 65.7% Fines and Forfeitures Fines and Forfeitures 1,692,200 1,692,200 991,765 Total 1,692,200 1,692,200 991,765 58.6% 73.1% Licenses&Permits Cable Franchise Fees 1,000,000 1,000,000 514,199 Marihuana Licenses 650,000 650,000 560,000 Business Licenses 64,450 64,450 76,230 Non-Business Licenses 37,600 37,600 17,049 Building Licenses& Permits 17,250 17,250 11,525 Total 1,769,300 1,769,300 1,179,003 66.6% 59.0% Interest& Rents Interest Income 330,000 330,000 212,016 Total 330,000 330,000 212,016 64.2% 105.7% Other Revenues Miscellaneous 173,000 173,000 453,964 Sale of Fixed Assets 102,000 102,000 - Donations&Contributions 65,000 65,000 43,788 Total 340,000 340,000 497,752 146.4% 63.7% Total General Fund Operating Revenue 145,700,000 145,700,000 112,280,976 77.1% 71.4% Transfers from Other Funds 100,000 100,000 100,000 Total 145,800,000 145,800,000 112,380,976 77.1% 71.0% 5 March 31, 2023 Departmental Summary Fiscal Year July 1, 2022-June 30, 2023 FY 2023 FY 2023 FY 2023 Mar. 31 3 Year General Fund Appropriations Adopted Amended Mar. 31 Percent Mar. 31 Budget Budget Actuals YTD Taroet Beginning General Fund Balance 10,746,256 10,746,256 10,746,256 Beginning Budget Stab. Fund Balance 12,705,546 12,705,546 12,705,546 Total General Fund Reserves 23,451,802 23,451,802 23,451,802 Revenues(detail on previous page) 145,800,000 145,800,000 112,380,976 77.1% 71.0% Departmental Expenditures: Council 726,651 726,651 471,478 64.9% 73.0% Internal Audit 207,885 207,885 51,138 24.6% 72.0% Mayor's Office 1,769,932 1,769,932 1,230,297 69.5% 72.2% Office of Community Media 606,113 606,113 392,449 64.7% 72.3% District Court 5,984,638 5,984,638 4,028,669 67.3% 72.7% Circuit Court Building Rental 336,693 336,693 322,424 95.8% 75.0% City Clerk's Office 1,542,191 1,542,191 1,141,630 74.0% 72.5% Neighborhood &Citizen Engagement 1,326,296 1,326,296 947,505 71.4% 73.2% Economic Development&Planning 6,772,299 6,772,299 5,248,764 77.5% 72.4% Finance Department 2,100,195 2,100,195 1,512,849 72.0% 72.8% City Assessor 1,970,719 1,970,719 1,072,287 54.4% 72.5% Treasury/Income Tax 2,398,328 2,398,328 1,589,668 66.3% 72.8% Human Resources Department 2,724,062 2,724,062 1,407,003 51.7% 73.2% City Attorney's Office 2,520,110 2,520,110 1,558,484 61.8% 72.3% Police Department 51,580,854 51,580,854 36,747,537 71.2% 73.8% Fire Department 40,272,672 40,272,672 28,734,017 71.3% 73.7% Public Service 12,571,351 12,571,351 8,359,173 66.5% 74.1% Human Relations&Community Services 1,842,818 1,842,818 1,137,997 61.8% 72.3% Parks&Recreation Department 9,380,212 9,380,212 6,544,319 69.8% 72.9% Human Service Agency Support 1,960,000 1,958,000 1,790,212 91.4% 76.9% Non-Departmental Expenditures: Library Building Rental 136,150 136,150 114,037 83.8% 75.0% Operating Subsidies to Other Funds 834,731 834,731 834,731 100.0% 100.0% City Supported Agencies 487,500 489,500 256,654 52.4% 75.0% Capital Improvements 5,173,000 5,173,000 5,173,000 100.0% 100.0% Debt Service&Penalties 987,100 987,100 493,264 50.0% 55.5% Vacancy Factor (700,000) (700,000) - Expenditures 155,512,500 155,512,500 111,159,586 71.5% 74.5% Net Impact on Fund Balance (9,712,500) (9,712,500) ARPA Reimbursement 9,712,500 9,712,500 Ending General Fund Reserves 23,451,802 23,451,802 6 March 31, 2023 Budget Appropriation Summary Fiscal Year July 1, 2022 -June 30, 2023 FY 2023 FY 2023 FY 2023 Mar. 31 3 Year Estimated Revenues Adopted Amended Mar. 31 Percent Mar. 31 Budget Budget Actuals YTD Target Property Taxes 48,245,000 48,245,000 46,106,772 Income Taxes 37,510,000 37,510,000 27,301,227 Return on Equity 25,300,000 25,300,000 13,999,796 State Revenues 21,519,500 21,519,500 14,151,201 Charges for Services 8,994,000 8,994,000 7,841,445 Fines&Forfeitures 1,692,200 1,692,200 991,765 Licenses&Permits 1,769,300 1,769,300 1,179,003 Interest&Rent 330,000 330,000 212,016 Other Revenue 340,000 340,000 497,752 Transfers from Other Funds 100,000 100,000 100,000 Total Revenues 145,800,000 145,800,000 112,380,976 77.1% 71.0% FY 2023 FY 2023 FY 2023 Mar. 31 Mar. 31 Appropriations Adopted Amended Mar. 31 Percent Target Budget Budget Actuals YTD Exp. Council Personnel 474,673 474,673 327,735 Operating 251,978 251,978 143,743 Total 726,651 726,651 471,478 64.9% 73.0% Internal Audit Personnel 195,589 195,589 43,742 Operating 12,296 12,296 7,396 Total 207,885 207,885 51,138 24.6% 72.0% Courts Personnel 4,829,179 4,829,179 3,330,263 Operating 1,492,152 1,492,152 1,020,829 Total 6,321,331 6,321,331 4,351,093 68.8% 72.8% Mayor's Office Personnel 1,523,058 1,523,058 1,068,691 Operating 246,874 246,874 161,606 Total 1,769,932 1,769,932 1,230,297 69.5% 72.2% Media Center Personnel 533,107 533,107 339,392 Operating 73,006 73,006 53,057 Total 606,113 606,113 392,449 64.7% 72.3% Clerk's Office Personnel 1,103,136 1,103,136 828,684 Operating 439,055 439,055 312,946 Total 1,542,191 1,542,191 1,141,630 74.0% 72.5% Neighborhood &Citizen Engagement Personnel 790,097 790,097 591,938 Operating 536,199 536,199 355,567 Total 1,326,296 1,326,296 947,505 71.4% 73.2% Economic Development&Planning Personnel 3,364,071 3,364,071 2,272,923 Operating 3,408,228 3,408,228 2,975,841 Total 6,772,299 6,772,299 5,248,764 77.5% 72.4% Finance/Operations Personnel 1,548,729 1,548,729 1,091,962 Operating 551,466 551,466 420,887 Total 2,100,195 2,100,195 1,512,849 72.0% 72.8% 7 FY 2023 FY 2023 FY 2023 Mar. 31 Mar. 31 Appropriations Adopted Amended Mar. 31 Percent Target Budget Budget Actuals YTD Exp. Assessing Personnel 1,690,117 1,690,117 899,544 Operating 280,602 280,602 172,743 Total 1,970,719 1,970,719 1,072,287 54.4% 72.5% Treasury Personnel 1,832,523 1,832,523 1,167,353 Operating 565,805 565,805 422,315 Total 2,398,328 2,398,328 1,589,668 66.3% 72.8% Human Resources Personnel 1,609,829 1,609,829 874,922 Operating 1,114,233 1,114,233 532,081 Total 2,724,062 2,724,062 1,407,003 51.7% 73.2% Attorney's Office Personnel 2,211,152 2,211,152 1,325,732 Operating 308,958 308,958 232,752 Total 2,520,110 2,520,110 1,558,484 61.8% 72.3% Police Personnel 43,330,653 43,330,653 31,257,967 Operating 8,250,201 8,250,201 5,489,570 Total 51,580,854 51,580,854 36,747,537 71.2% 73.8% Fire Personnel 34,484,467 34,484,467 24,954,437 Operating 5,788,205 5,788,205 3,779,579 Total 40,272,672 40,272,672 28,734,017 71.3% 73.7% Public Service Personnel 2,945,961 2,945,961 1,702,573 Operating 9,625,390 9,625,390 6,656,600 Total 12,571,351 12,571,351 8,359,173 66.5% 74.1% Human Relations&Community Service Personnel 1,669,373 1,669,373 1,032,876 Operating 173,445 173,445 105,121 Total 1,842,818 1,842,818 1,137,997 61.8% 72.3% Parks&Recreation Personnel 5,759,154 5,759,154 3,422,469 Operating 3,621,058 3,621,058 3,121,850 Total 9,380,212 9,380,212 6,544,319 69.8% 72.9% Human Services Operating 1,960,000 1,958,000 1,790,212 Total 1,960,000 1,958,000 1,790,212 91.4% 76.9% City Supported Agencies/MRJEA Operating 487,500 489,500 256,654 Total 487,500 489,500 256,654 52.4% 75.0% Non-Departmental Vacancy Factor (700,000) (700,000) - Library Lease 136,150 136,150 114,037 Debt Service 987,100 987,100 493,264 Net Transfers 6,007,731 6,007,731 6,007,731 Total 6,430,981 6,430,981 6,615,033 102.9% 95.8% Total Expenditures 155,512,500 155,512,500 111,159,586 71.5% 74.5% 7