Laserfiche WebLink
MEMORANDUM <br />Date: October 18, 2010 <br />To: Gem Lake City Council <br />From: Jessie Hart, Treasurer <br />Re: 3rd Quarter 2010 Financial Reports <br />General Fund <br />The second quarter of the year is now complete. Through the 3rd quarter of 2010 the <br />General Fund revenues are slightly below anticipated levels for the first three quarters <br />and expenditures remain below the levels anticipated for the first three quarters of 2010. <br />Revenues are below 2009 revenues as are expenditures for the 3rd quarter. <br />Below are the General Fund's 3rd quarter revenue and expenditures <br />2009 2010 2010 <br />3rd 3d QuarterNTD 3rd % Received <br />QuarterNTD Budget QuarterNTD Spent <br />Revenues $ 256,911 $ 214,246 $ 210,826 52.56% <br />Expenditures $ 361,064 $ 302,824 $ 190,797 47.57% <br />2010 COMPARISON OF REVENUES TO EXPENSES <br />$500.000 <br />$450,000 <br />$400,000 <br />$350,000 <br />$300,000 .i. <br />$250,000 <br />$200,000 <br />$150,000 <br />$100.000 <br />$50,000 <br />$0 <br />JAN.1 JAN. FEB. MAR. APR. MAY JUN. JUL. AUG. SEP <br />f 10 REVENUES -A,- 10 EXPENSES <br />J <br />OCT. NOV. DEC. <br />