CCP 09-11-1995 - Laserfiche WebLink

Home Browse Search

1 . I. CITY OF ARDEN HILLS MEMORANDUM I DATE: September 7, 1995 I TO: Brian Fritsinger, City Administrator I FROM:@VTerrancepost, City Accountant I SUBJECT: AUl!:Ust 1995 Oneratinl! Results/Commentarv General Fund and All Funds budget summaries for the eight months ended August 31,1995 were I released yesterday. Following is commentary on noteworthy items, General Fund (101) I Revenue 1. License and permit again registered strong monthly performance. Building permit plan check revenue was $30,969 for the month including $15,076 for the new St. V olodymer church, On a year-to-date basis, $78,000 was I budgeted in this revenue category and actual is $111,938 through August - a $33,938 or 43,5% positive variance. .- 2. Within the Intergovernmental revenue category, $117,367 in Fireman's Relief Aid was received from the State of Minnesota. These funds function I as a pass-through in that a check in the same amount will be written to the Lake Johanna Volunteer Fire Department Relief Association in September. $105,000 was budgeted in this category, This will produce a I $12,367 positive revenue variance in General Fund revenue and a $12,367 negative variance in General Fund Fire Department expenditures. I 3. The miscellaneous revenue category, contains $4,000 in August receipts resulting from the sale of a Toro Groundmaster. This asset was replaced with a new unit in Mayas part of the Park Maintenance department capital I budget. Expenditures 4. The Mayor and Council department includes a $756 payment for copying I costs of the resumed "Town Crier" publication. 5. Protective Inspections department expenditures are on track to exceed I budget. However, these costs relate to permit revenues also exceeding budget. I 6. Street Maintenance department expenditures do not yet include any I- allocated pavement management program costs, Therefore, the extreme positive budget variance currently existing will not be present at year-end, . -----