2016 08-23 CC PACKET - Laserfiche WebLink

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Government, which is 61 % spent from attorney and,planning cost are higher than in the past. The City has spent $14,08.7 so far in 2016 with a budget of $17,0.00.and planning costs are. $13,086 with a 2016 budget of $23,550. The good news is that the public safety and public works departments are under their budgets through the second quarter acid as you can. see from the chart on the following: page these two departments are below actual expenditure for last year at this. time as well.. Expenditures byDepartment 1:20jocoloo 100,000.00 g0,tk�L7,07 �� i 60j(y]{].00 �?i. A x, 'T� r -;'�- a.fin,:.. :'-•S!` z�=cg0.4 0,00 c..l.c. Gefl l.al GovEflilTlew Public Safety Pulyic work} 2015 6udgei ra 2015 ActUaI t: 2016 Budeet V 2016Act.val Overall the. General Fund has spent 51 % of its 2016 budget, while collecting 13°Ia. of its revenues. If revenues and expenditures follow previous Year collections and expenditure palters, both revenues and expenditures should finish the year near budget amounts. SPECIAL REVENUE FUNDS The UVS only Special Revenue Fund is. the Parks and Playgrounds Fund, which has had only interest earnings Through the, first half of the year. Like the General Fund interest for 2016 are below 241.5 revenues. DEBT.SERV10E FUNDS The next scheduled debt payment is the interest only payment of $8,440.00 due August !St. Funding comes from property taxes and special assessments, which the.City will receive with the first half 2016 property.tax .se.ttlemenf 1n July, which is why the only revenue:activity for the Year is interest. earnings. The expenditure activity was the City's. first half band payments, CAPITAL PROJECT FUNDS Again only interest earning has been received on the revenue side, with special assessments being received with the first half 2016 property tax settlement in July. The expenditures. are engineering expenditures for the water extension project into the business district. Through June these expenditures total.$322,327.57.