2015 07-21 CC PACKET - Laserfiche WebLink

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typical until the City receives Its first half property.tax payment in July. Also one can -see how the City depends on reserves (cash balances) untii••that tax payment is received. The -good. news is the City received the July, tax settlement on •July.2nd in the amount of $146,141.08.- Compar€lion. of Revenues, Expenditures, & Cash Balances jai Nj 1 'yob � `- b� For the year the City has received 14.87% of the budgeted revenue through the first half of the year, which is behind last year at this time when the City had collected 29.92%.. Building permit revenue -is down from $12,745.25 in 2A14 to $5,058.05 in 2015. This decrease also affects plan check -fees, which are down from .$6;459.70 in 2014 cornparedlo $117.81 in 2015. The -other revenue decline. in 20.15 is that the City has not yet received its share of cable TV franchise fees. At this time. 1n-2014 the City had received •its franchise fees in the amount of $5,635,53. The chart below compares budget.to actual revenues for the last two years. For this chart the monthly revenues are 111.2� of the total revenue budget with the eXception of property taxes which are included in the July and December budget numbers only. Revenue Cemparision ;•5C�,QtX?.t�U f 4 4 y l €;,;. g O4