Laserfiche WebLink
Attachment 1 <br />CityofRoseville <br />QuarterlyFinancialReport <br />AsofJune30,2024 <br />TickmarkExplanationsforBudgetVSActualVariances <br />A.TaxeswillbereceivedinJune/JulyandDecember/Januarycurrentcollectionsrateisconsistentwith <br />prioryears. <br />B.StateAidsandothergrantsarereceivedinthethirdandfourthquarter. <br />C.Majorityoftheserevenuesarereceivedlaterintheyear <br />D.Franchisefeesarereceivedquarterlyattheendofthefollowingmonth <br />E.Majorityoftransfersarerecordedatyearend <br />F.InternalallocationsforGarage,Phones,postage,copierandITcostsaredonequarterlyattheendof <br />thefollowingmonth <br />G.Legalserviceinvoicesfortwomonthsonlythisisnormal <br />H.Professionalservices,training,andcapitalcostsoccurlaterintheyear <br />I.AnnualNYFScontractpaidinthefirstquarterwhichskewsthepercentageofbudget. <br />J.Parks&Recisseasonalinnaturefeesandbuildingrentalcomeinhigherfirstquarterandthen <br />smoothout,expendituresoccurmoreheavilyinsummerandfall <br />K.Professionalservicesandmaintenancecostsoccurlaterintheyear <br />L.Basedonlagininvoicing,only5monthsofelectriccostspaidinthe2ndquarter,consistentwithprior <br />years. <br />M.SanitarySewerhas4monthsofMCEScharges <br />N.Utilityrevenuesarebasedonservicedelivery,billsissuedinJanandFebof2024arepartiallyaccrued <br />backtothe2023booksastheyareforservicesdeliveredin2023.Thisisanannualoccurrence. <br />O.Springbrookmaintenancepaidforthefullyearwhichisskewingthepercentageofbudget. <br />Qbhf!245!pg!2:4 <br /> <br />