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Finally, with some occasional exceptions, 2nd quarter financial results provide little if any insight on year- <br />end results. The Council is cautioned in drawing any conclusions based solely on the information presented <br />bal nATT <br />Citywide Revenue Comparison <br />The following table depicts the 2008 revenues for the fiscal period ending June 30, 2008 for the City's <br />core programs and services. <br />Revenues <br />General prop erty taxes <br />Intergovernmental revenue <br />Licenses & permits <br />Charges for services <br />Fines and forfeits <br />Cable franchise fees <br />Rentals / Lease <br />Donations <br />Interest earnings <br />Miscellaneous <br />Total Revenues <br />2008 2008 % % <br />B Actual Actual Norm. Diff. <br />10.16,41.1360 <br />5.1349.1000 <br />50.3% <br />51.9% <br />-1.7% <br />899.1000 <br />130.1318 <br />14.5% <br />18.3% <br />-3.8% <br />1.1338.1975 <br />636.1104 <br />47.5% <br />45.0% <br />2.5% <br />13.1849.1875 <br />4.1390.1392 <br />31.7% <br />31.2% <br />0.5% <br />283.1000 <br />122.1592 <br />43.3% <br />41.1% <br />2.2% <br />319.1550 <br />87.1316 <br />27.3% <br />29.4% <br />-2.I% <br />301.1880 <br />189.1011 <br />62.6% <br />62.9% <br />-0.3% <br />30.1000 <br />11.1672 <br />38.9% <br />57.6% <br />-18.6% <br />466.1965 <br />-1 <br />0.0% <br />0.0% <br />n/a <br />802.1470 <br />194.1408 <br />24.2% <br />30.9% <br />-6.6% <br />$ 28.1933.1075 $ 11.1110.1812 38.4% 38.5% -0.1% <br />Actual' column depicts the percentage spent compared to the budget <br />Norm' column depicts the percentage of expenditures we normally incur during this period as measured over the <br />previous 3 years <br />❖ `Diff' column depicts the difference between the percentage actually spent and the percentage we typically incur. A <br />percentage difference of 10%, or more in this column would be considered significant <br />Revenue Comments.- <br />In total,, citywide revenues are near expected levels with a few notable exceptions. They include.- <br />1) Donations are below the 3-year average. However they are not used for on-going operations; <br />rather they are used for program or service enhancements when available. <br />2) Miscellaneous revenues are below the 3-year average, but consistent with 2005 levels. These <br />revenues oftentimes include one-time monies which are subject to wide fluctuations from year to <br />year. <br />These exceptions, while noted, do not necessarily constitute a new trend. However, they will be monitored <br />during the year to determine any operational impacts, and whether corrective action is needed. <br />Page 2 of 15 <br />