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Expenditures by Department <br />160,000.00 <br />14o,wo:oo <br />9 2.615 Budget <br />In 2015 Actual <br />w 2.016,B,udget <br />a 2016.Actual <br />Overail the General Fund appears to be in good shape through the first three quarters of the <br />year. If revenues and expenditures follow previous year collections and expenditure patters, <br />revenues should finish the year above budget amounts while expenditures finish below <br />budgeted amounts. Both which semi likely at this point in time. <br />SPECIAL REVENUE FUNDS <br />The City`s only Special Revenue Fund is the Parks and Playgrounds Fund, which has had only <br />Interest earnings through the 31d quarter of the year. <br />DEBT SERVICE. FUNDS <br />All scheduled debt payments totaling $39,917.50 were paid. Funding comes from property taxes <br />and special ass.e.ssments, which the City received in. July with the. first half 2016 property tax <br />settlement in the amount of $45,392.90. The City will receive the second half settlement` in <br />December. <br />CAPITAL PROJECT FUNDS <br />The largest. revenue source for the Capital Project Funds are the special assessment.colleetions <br />for the waterline extension in the amount of $30,735.58. This is only the firsthalf of 2016 <br />assessment payments. With the 2'" half coming in December. The only other revenue source is. <br />interest earnings. The expenditures are engineering, legal, and other expenditures for the water <br />extensions project into the business district: Through September these expenditures total. <br />$323, 883.04. <br />ENTERPRISE FUNDS <br />The City's only Enterprise Fund is the Sewer Enterprise Fund. Revenues are just below last <br />year revenues and are just over 78% of budgeted revenues, Revenues totaled $43,7.39.76 for <br />the year compared to $58,454.13 last. Year. Expenses for the year are also just below last <br />