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Attachment 3 <br />CityofRoseville <br />QuarterlyFinancialReport <br />AsofMarch31,2024 <br />TickmarkExplanationsforBudgetVSActualVariances <br />A.TaxeswillbereceivedinJune/JulyandDecember/January <br />B.StateAidsandothergrantsarereceivedlaterintheyear <br />C.Majorityoftheserevenuesarereceivedlaterintheyear <br />D.Franchisefeesarereceivedquarterlyattheendofthefollowingmonth <br />E.Majorityoftransfersarerecordedatyearend <br />F.InternalallocationsforGarage,Phones,copierandITcostsaredonequarterlyattheendofthe <br />followingmonth <br />G.Legalserviceinvoicesfortwomonthsonlythisisnormal <br />H.Professionalservices,training,capitalcostsoccurlaterintheyear <br />I.AnnualNYFScontractpaidinthefirstquarterwhichskewsthepercentageofbudget. <br />J.Parks&Recisseasonalinnaturefeesandbuildingrentalcomeinhigherfirstquarterandthen <br />smoothout,expendituresoccurmoreheavilyinsummerandfall <br />K.Professionalservicesandmaintenancecostsoccurlaterintheyear <br />L.Basedonlagininvoicing,only2monthsofelectriccostspaidinthe1stquarterandnorepairshave <br />yetbeendonethisquarter. <br />M.SanitarySewerhas4monthsofMCEScharges <br />N.Utilityrevenuesarebasedonservicedelivery,billsissuedinJanandFebof2023arepartiallyaccrued <br />backtothe2022booksastheyareforservicesdeliveredin2022.Thisisanannualoccurrence.Also <br />includes$437,426ofunderbillingsbilledin1stquarter. <br />O.Springbrookmaintenancepaidforthefullyearwhichisskewingthepercentageofbudget. <br />Qbhf!319!pg!494 <br /> <br />