HomeMy WebLinkAbout2024.03 March Monthly Report
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: March 2024 Monthly Financial Report
Date: April 26, 2024
Please find attached the unaudited financial statements as of March 31, 2024. A summary by fund for revenues, expenditures,
fund, and cash balances is as follows . The financials below are unaudited:
City of Evanston
Cash & Investment Summary by Fund
March 31 , 2024
Fund #Fund Revenue Expense Net Fund Balance Cash Balance
100 General 41,242,027 39,866,302 1,375,725 50,401,336 45,223,102
170 American Rescue Plan 376,987 377,285 (298) (5,000,284) 26,025,766
175 General Assistance 705,714 278,144 427,570 1,722,413 1,722,822
176 Human Services 1,109,472 659,354 450,118 2,839,127 2,839,128
177 Reparations 389,248 1,628,269 (1,239,020) 315,055 (109,945)
178 Sustainability 165,371 60,682 104,689 891,989 891,989
180 Good Neighbor 1,490 68 1,422 189,747 189,747
185 Library 4,146,024 1,868,198 2,277,826 7,104,598 7,106,951
186 Library Debt Service - - - 2,781 2,781
187 Library Capital Improvement FD - (9,920) 9,920 (478,594) (478,594)
200 MFT 932,174 269,239 662,935 6,947,139 6,642,272
205 E911 369,949 245,471 124,477 1,685,251 1,323,951
210 Special Service Area (SSA) #9 328,636 - 328,636 341,887 341,888
215 CDBG 1,842 126,057 (124,216) (64,893) (64,893)
220 CD Loan 8,100 - 8,100 399,065 399,065
235 Neighborhood Improvement 181 1 180 23,065 23,065
240 Home 6,952 11,778 (4,826) 3,028 3,029
250 Affordable Housing 72,609 37,439 35,170 2,805,796 2,960,863
320 Debt Service 7,542,768 6,302 7,536,466 10,441,501 10,441,501
330 Howard Ridge 595,699 98,223 497,476 2,328,890 2,320,087
335 West Evanston 979,438 133,482 845,956 3,083,905 3,062,932
340 Dempster-Dodge-TIF 251,500 44,570 206,931 855,188 855,131
345 Chicago Main-TIF 649,288 270,828 378,460 2,636,705 2,636,648
350 Special Service Area (SSA) #6 105,303 - 105,303 139,529 361,391
355 Special Service Area (SSA) #7 72,700 - 72,700 87,036 87,036
360 Special Service Area (SSA) #8 31,378 - 31,378 38,531 38,530
365 Five-Fifth TIF 430,331 356 429,975 292,586 292,528
415 Capital Improvements 381,442 1,876,752 (1,495,310) (8,572,209) (2,621,644)
416 Crown Construction 91,457 154,794 (63,337) 4,740,770 4,740,770
417 Crown Community CTR Maintenance 43,749 - 43,749 708,790 708,790
420 Special Assessment 91,957 23,016 68,941 631,999 631,998
505 Parking 2,292,516 2,249,539 42,977 1,374,624 1,844,100
510-513 Water 5,582,295 4,133,321 1,448,974 2,272,946 (1,129,708)
515 Sewer 2,060,457 1,174,919 885,539 8,877,409 7,422,660
520 Solid Waste 1,643,405 1,295,413 347,991 1,959,013 1,787,600
600 Fleet 1,065,886 709,559 356,327 1,782,366 206,183
601 Equipment Replacement 219,008 47,319 171,689 3,543,585 1,158,712
605 Insurance 4,909,305 6,591,372 (1,682,066) (2,248,897) 2,942,226
Memorandum
Please note that the attached supporting documents have been updated to show further fund
and department analysis .
Included above are ending fund and cash balances as of March 31 , 2024. Cash balance represents
liquid cash and/or invested assets which can be used (or easily sold) to support and fund current
operations.
Fund balance includes illiquid assets or future cash receipts or disbursements such as receivables
(including property tax) due to the City and accounts payable/accrued exp enses. All fund balances are
unaudited.
The FY 2023 annual audit by Sikich, LLP is being conducted from January through June with a
final ACFR being issued in late June .
There is a three (3) months lag in some of the state distributed revenues like Sales Tax, Home Rule
Sales Tax, Use Tax and Telecommunication Tax. The amounts shown in the table above were January
allocations (received in April). The City will not receive t he March allocations until June of 2024. The
City has started receiving property taxes. The first installment has a due date of March 1 st .
The unaudited financials as of March 31, 2024, show the General Fund with a fund balance of
$50,401,336 and cash balance of $45,223,102. The attached financials show General Fund revenues
at 31% and expenses at 28%.
General Fund Expenses by Category:
FY 2024 Actual Revenues (Through 03/31/2024)
Account Description
100
GENERAL
FUND
177
REPARATIONS
FUND
700 FIRE
PENSION
FUND
705 POLICE
PENSION
FUND Grand Total
PROPERTY TAXES 5,877,544 - - - 5,877,544
STATE INCOME TAX 3,154,657 - - - 3,154,657
BUILDING PERMITS 2,503,419 - - - 2,503,419
RECREATION PROGRAM FEES 2,314,517 - - - 2,314,517
SALES TAX - BASIC 1,046,315 - - - 1,046,315
SALES TAX - HOME RULE 764,683 - - - 764,683
ELECTRIC UTILITY TAX 639,453 - - 639,453
PARKING TAX 607,866 - - - 607,866
TICKET FINES-PARKING 561,590 - - - 561,590
AMBULANCE SERVICE 549,781 - - - 549,781
INVESTMENT INCOME 495,988 - - - 495,988
NATURAL GAS UTILITY TAX 486,844 - - - 486,844
LIQUOR TAX 433,994 - - - 433,994
REAL ESTATE TRANSFER TAX - 372,885 - - 372,885
STATE USE TAX 193,822 - - - 193,822
General Fund 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
Expenses
Salary and Benefits 88,012,393 20,500,652 23%75,748,150 20,670,611 27%
Insurance and Other Chargebacks 29,518,684 12,871,959 44%28,934,436 11,164,957 39%
Capital Outlay 272,000 2,727,966 1003%694,500 35,074 5%
Services and Supplies 19,446,153 2,616,899 13%16,965,457 2,538,860 15%
Interfund Transfers 4,887,100 1,061,774 22%4,248,750 1,094,749 26%
Miscellaneous 1,545,213 87,051 6%617,822 (96,518) -16%
Contingencies 126,000 - 0%408,500 30,866 8%
Community Sponsored Organizations 120,000 - 0%120,000 - 0%
Expenses Total 143,927,543 39,866,302 28%127,737,614 35,438,598 28%
On January 22 nd, Council approved the unbudgeted purchase of Little Beans Café. This purchase was
executed in March resulting in Capital Outlay being over budget. All other expense categories are in
line with the budget.
Through March 31 , 2024, Police spent 24% of budget for overtime, and Fire spent 19% of the annual
budget.
Overtime
Expenses
2023 Actual 2024 Budget 2024 YTD % Budget
Police $1,862,988 $ 1,736,349 411,349 24%
Fire $1,005,238 $ 1,084,000 207,714 19%
Enterprise Funds
Through March 31, 2024, the Water Fund is showing a fund balance of $2,240,507 and a negative cash
balance of 2,015,183. Capital projects funded by IEPA loans have begun. These projects are budgeted
in Other Revenue and expenses in Capital Outlay. One concern is the fact that 2023 GO Bonds have
not been issued for projects planned in this fund. These projects have been drawing on the existing
fund balance until these bonds are issued.
Other Funds
Through March 31 , 2024, the Capital Improvements Fund is showing a negative fund balance of
$8,572,209 and a negative cash balance of $2,621,644 . The fund continues to spend down Series 2021
and Series 2020 bond proceeds. The fund saw a significant decrease in fund balance due to the booking
of expenses for projects that have been completed, but invoices not received from IDOT as well as
deferred issuance of 2022 , 2023, & 2024 bonds.
Through March 31 , 2024, the Fleet Fund is showing a fund balance of $1,782,366 and a cash balance
of $206,183. This difference is largely a result of inventory on hand that is reflected as an asset in the
fund balance but reduced from the cash balance.
Through March 31 , 2024, the Insurance Fund is showing a negative fund balance of $2,248,897 and a
cash balance of $2,942,226.
If there are any questions on the attached report, please contact me by phone at (847) 448 -8082 or by
email: hdesai@cityofevanston.org . Detailed fund summary reports can be found at:
http://www.cityofevanston.org/city -budget/financial-reports/.
CERTIFICATION OF ATTACHED FINANCIAL REPORTS
As required per Illinois Statute 65 ILCS 5/3.1 -35-45 I, Hitesh Desai, Treasurer of the City of Ev anston,
hereby affirm that I have reviewed the March 31, 2024 year -to-date financial information and reports
which to the best of my knowledge appear accurate and complete.
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
100 GENERAL FUND
Revenue
Charges for Services 11,655,200 3,069,863 26%8,785,075 3,456,723 39%
Fines and Forfeitures 3,725,000 805,637 22%3,632,500 744,959 21%
Interest Income 500,000 495,988 99%55,000 341,909 622%
Interfund Transfers 9,623,390 2,030,847 21%7,733,949 1,933,485 25%
Intergovernmental Revenue 3,966,034 1,012,338 26%3,116,184 776,806 25%
Licenses, Permits and Fees 7,336,450 3,676,873 50%7,543,450 2,204,703 29%
Other Revenue 1,301,500 331,634 25%1,168,600 263,496 23%
Other Taxes 66,300,000 13,488,613 20%56,570,000 14,988,433 26%
Property Taxes 29,047,402 16,330,234 56%29,047,402 7,862,433 27%
Revenue Total 133,454,976 41,242,027 31%117,652,160 32,572,948 28%
Expenses
Capital Outlay 272,000 2,727,966 1003%694,500 35,074 5%
Community Sponsored Organizations 120,000 - 0%120,000 - 0%
Contingencies 126,000 - 0%408,500 30,866 8%
Insurance and Other Chargebacks 29,518,684 12,871,959 44%28,934,436 11,164,957 39%
Interfund Transfers 4,887,100 1,061,774 22%4,248,750 1,094,749 26%
Miscellaneous 1,545,213 87,051 6%617,822 (96,518) -16%
Salary and Benefits 88,012,393 20,500,652 23%75,748,150 20,670,611 27%
Services and Supplies 19,446,153 2,616,899 13%16,965,457 2,538,860 15%
Expenses Total 143,927,543 39,866,302 28%127,737,614 35,438,598 28%
170 AMERICAN RESCUE PLAN
Revenue
Interest Income 50,000 366,852 734%- 334,943
Other Revenue - 10,135
Revenue Total 50,000 376,987 754%- 334,943
Expenses
Capital Outlay 10,188,900 176,403 2%800,000 77,963 10%
Community Sponsored Organizations - -
Insurance and Other Chargebacks 100,000 - 0%850,000 - 0%
Interfund Transfers 1,250,000 - 0%2,600,000 - 0%
Miscellaneous 10,294,191 31,754 0%18,500,000 171,177 1%
Salary and Benefits - 12,180
Services and Supplies 3,275,000 69,972 2%- 42,789
Expenses Total 25,108,091 278,130 1%22,750,000 304,109 1%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
175 GENERAL ASSISTANCE FUND
Revenue
Interest Income 1,000 17,780 1778%1,000 8,719 872%
Other Revenue 27,500 3,766 14%27,500 - 0%
Property Taxes 1,050,000 684,168 65%1,300,000 348,672 27%
Revenue Total 1,078,500 705,714 65%1,328,500 357,391 27%
Expenses
Miscellaneous 7,000 764 11%7,000 1,500 21%
Salary and Benefits 539,408 131,618 24%488,738 130,471 27%
Services and Supplies 874,482 145,763 17%864,482 135,743 16%
Expenses Total 1,420,890 278,144 20%1,360,220 267,713 20%
176 HUMAN SERVICES FUND
Revenue
Interest Income 6,000 13,359 223%- 7,981
Intergovernmental Revenue 114,000 256,113 225%114,000 11,720 10%
Other Revenue 20,000 - 0%2,000 8,000 400%
Property Taxes 3,360,000 840,000 25%3,110,000 777,500 25%
Revenue Total 3,500,000 1,109,472 32%3,226,000 805,201 25%
Expenses
Community Sponsored Organizations 60,000 13,344 22%60,000 - 0%
Miscellaneous 210,000 14,370 7%213,000 38,188 18%
Salary and Benefits 2,654,369 595,091 22%2,373,285 468,405 20%
Services and Supplies 2,334,063 36,549 2%1,804,973 6,391 0%
Expenses Total 5,258,432 659,354 13%4,451,258 512,984 12%
177 REPARATIONS FUND
Revenue
Interest Income 2,500 15,939 638%- 2,732
Intergovernmental Revenue 100,000 - 0%
Other Revenue - 424 - 433
Other Taxes 1,400,000 372,885 27%3,400,000 648,784 19%
Revenue Total 1,502,500 389,248 26%3,400,000 651,949 19%
Expenses
Miscellaneous 3,400,000 1,611,313 47%3,400,000 48,028 1%
Services and Supplies 101,000 16,956 17%- 525
Expenses Total 3,501,000 1,628,269 47%3,400,000 48,554 1%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
178 SUSTAINABILITY FUND
Revenue
Interest Income 2,000 6,326 316%- 2,295
Interfund Transfers 700,000 50,001 7%200,000 50,001 25%
Intergovernmental Revenue 10,000 - 0%
Licenses, Permits and Fees 500,000 109,044 22%500,000 124,816 25%
Other Revenue 650,000 - 0%500,000 - 0%
Revenue Total 1,862,000 165,371 9%1,200,000 177,113 15%
Expenses
Community Sponsored Organizations 500,000 - 0%
Miscellaneous 525,000 - 0%
Salary and Benefits 250,368 57,242 23%256,893 - 0%
Services and Supplies 725,120 3,440 0%546,000 15,337 3%
Expenses Total 2,000,488 60,682 3%802,893 15,337 2%
180 GOOD NEIGHBOR FUND
Revenue
Interest Income 1,000 1,490 149%- 4,672
Other Revenue 3,000,000 - 0%
Revenue Total 3,001,000 1,490 0%- 4,672
Expenses
Capital Outlay - 75,000
Interfund Transfers 3,000,000 - 0%85,000 - 0%
Miscellaneous 314,000 - 0%- 150,000
Services and Supplies - 68 - 49
Expenses Total 3,314,000 68 0%85,000 225,049 265%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
185 LIBRARY FUND
Revenue
Charges for Services 400 1,394 348%400 86 21%
Interest Income 25,000 60,754 243%21,600 41,945 194%
Interfund Transfers 216,999 - 0%250,000 - 0%
Intergovernmental Revenue 200,213 8,451 4%209,866 27,100 13%
Library Revenue 109,394 43,769 40%155,394 22,263 14%
Other Revenue 405,000 78,729 19%405,000 52,511 13%
Property Taxes 8,213,664 3,952,927 48%7,535,472 1,932,284 26%
Revenue Total 9,170,670 4,146,024 45%8,577,732 2,076,188 24%
Expenses
Capital Outlay 3,500 - 0%1,500 - 0%
Insurance and Other Chargebacks - 168
Interfund Transfers 360,325 90,078 25%305,325 76,329 25%
Salary and Benefits 7,264,128 1,365,810 19%6,393,544 1,438,471 22%
Services and Supplies 2,313,194 412,142 18%2,247,673 379,467 17%
Expenses Total 9,941,147 1,868,198 19%8,948,042 1,894,268 21%
186 LIBRARY DEBT SERVICE FUND
Revenue
Property Taxes 574,677 - 0%507,913 - 0%
Revenue Total 574,677 - 0%507,913 - 0%
Expenses
Debt Service 574,677 - 0%507,913 - 0%
Expenses Total 574,677 - 0%507,913 - 0%
187 LIBRARY CAPITAL IMPROVEMENT FD
Revenue
Other Revenue 550,000 - 0%950,000 - 0%
Revenue Total 550,000 - 0%950,000 - 0%
Expenses
Capital Outlay 550,000 (9,920) -2%950,000 228,374 24%
Expenses Total 550,000 (9,920) -2%950,000 228,374 24%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
200 MOTOR FUEL TAX FUND
Revenue
Interest Income 15,000 89,158 594%12,000 50,210 418%
Intergovernmental Revenue 2,986,239 843,016 28%2,700,000 799,534 30%
Revenue Total 3,001,239 932,174 31%2,712,000 849,744 31%
Expenses
Capital Outlay 4,405,000 3,948 0%2,778,600 - 0%
Salary and Benefits 325,000 - 0%325,000 - 0%
Services and Supplies 1,890,000 265,290 14%1,038,000 169,794 16%
Expenses Total 6,620,000 269,239 4%4,141,600 169,794 4%
205 EMERGENCY TELEPHONE (E911) FUND
Revenue
Interest Income 7,000 8,649 124%7,000 6,472 92%
Other Taxes 1,450,000 361,300 25%1,400,000 240,888 17%
Revenue Total 1,457,000 369,949 25%1,407,000 247,360 18%
Expenses
Capital Outlay 480,000 4,701 1%450,000 29,616 7%
Insurance and Other Chargebacks 19,142 4,785 25%19,142 4,785 25%
Interfund Transfers 100,000 24,999 25%90,000 22,500 25%
Salary and Benefits 810,331 163,919 20%758,058 186,202 25%
Services and Supplies 368,350 47,067 13%355,000 141,091 40%
Expenses Total 1,777,823 245,471 14%1,672,200 384,195 23%
210 SPECIAL SERVICE AREA (SSA) #9
Revenue
Interest Income - 3,604 - 315
Interfund Transfers 206,750 206,750 100%
Property Taxes 592,665 325,032 55%595,000 211,588 36%
Revenue Total 592,665 328,636 55%801,750 418,653 52%
Expenses
Services and Supplies 575,000 - 0%575,000 - 0%
Expenses Total 575,000 - 0%575,000 - 0%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
215 CDBG FUND
Revenue
Interest Income - 1,842 - 593
Intergovernmental Revenue 3,068,463 - 0%3,629,000 - 0%
Revenue Total 3,068,463 1,842 0%3,629,000 593 0%
Expenses
Capital Outlay - 6,470 - 65,527
Community Sponsored Organizations 75,000 - 0%75,000 - 0%
Miscellaneous 2,341,499 - 0%2,576,376 7,701 0%
Salary and Benefits 681,559 119,584 18%702,459 111,681 16%
Services and Supplies 17,480 4 0%307,200 4,818 2%
Expenses Total 3,115,538 126,057 4%3,661,035 189,727 5%
220 CDBG LOAN FUND
Revenue
Interest Income 5,000 6,440 129%- 5,026
Other Revenue 443,121 1,660 0%100,000 9,691 10%
Revenue Total 448,121 8,100 2%100,000 14,717 15%
Expenses
Services and Supplies 440,000 - 0%325,000 - 0%
Expenses Total 440,000 - 0%325,000 - 0%
235 NEIGHBORHOOD IMPROVEMENT
Revenue
Interest Income - 181 - 142
Revenue Total - 181 - 142
Expenses
Services and Supplies - 1 - 1
Expenses Total - 1 - 1
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
240 HOME FUND
Revenue
Interest Income 150 106 71%150 313 209%
Intergovernmental Revenue 2,345,000 - 0%650,000 - 0%
Other Revenue 25,000 6,846 27%25,000 6,846 27%
Revenue Total 2,370,150 6,952 0%675,150 7,159 1%
Expenses
Insurance and Other Chargebacks 1,150,000 - 0%
Miscellaneous 2,000 207 10%2,000 - 0%
Salary and Benefits 68,137 11,556 17%70,572 13,886 20%
Services and Supplies 801,065 15 0%582,266 605 0%
Expenses Total 2,021,202 11,778 1%654,838 14,491 2%
250 AFFORDABLE HOUSING FUND
Revenue
Interest Income 8,000 40,109 501%4,500 28,858 641%
Interfund Transfers 1,000,000 - 0%
Intergovernmental Revenue 145,000 - 0%145,000 - 0%
Other Revenue 130,000 32,500 25%130,600 32,500 25%
Other Taxes 50,000 - 0%50,000 - 0%
Revenue Total 1,333,000 72,609 5%330,100 61,358 19%
Expenses
Community Sponsored Organizations 154,000 23,708 15%166,000 - 0%
Insurance and Other Chargebacks 11,000 - 0%12,000 - 0%
Miscellaneous 1,051,500 2,160 0%53,500 590 1%
Salary and Benefits 41,038 11,556 28%130,126 16,706 13%
Services and Supplies 1,670,000 15 0%1,565,000 155,333 10%
Expenses Total 2,927,538 37,439 1%1,926,626 172,629 9%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
320 DEBT SERVICE FUND
Revenue
Interest Income 10,000 10,629 106%10,000 34,236 342%
Interfund Transfers 2,693,941 402,573 15%2,918,969 579,744 20%
Other Revenue - 2,638
Property Taxes 12,766,093 7,126,929 56%12,878,258 3,617,887 28%
Revenue Total 15,470,034 7,542,768 49%15,807,227 4,231,867 27%
Expenses
Debt Service 15,460,034 - 0%15,797,123 - 0%
Interfund Transfers - -
Miscellaneous - (6,582)
Services and Supplies 6,600 6,302 95%6,600 8 0%
Expenses Total 15,466,634 6,302 0%15,803,723 (6,574) 0%
330 HOWARD-RIDGE TIF FUND
Revenue
Interest Income 10,000 23,061 231%10,000 21,198 212%
Other Revenue 5,000 3,500 70%5,000 14,000 280%
Property Taxes 1,100,000 569,138 52%1,100,000 100,380 9%
Revenue Total 1,115,000 595,699 53%1,115,000 135,578 12%
Expenses
Capital Outlay 50,000 - 0%785,000 10,000 1%
Interfund Transfers 363,513 90,879 25%395,913 98,979 25%
Miscellaneous - 122,367
Services and Supplies 65,000 7,344 11%250,000 14,732 6%
Expenses Total 478,513 98,223 21%1,430,913 246,078 17%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
335 WEST EVANSTON TIF FUND
Revenue
Interest Income 5,000 32,260 645%5,000 25,447 509%
Other Revenue 10,000 - 0%
Property Taxes 1,450,000 947,177 65%1,450,000 405,258 28%
Revenue Total 1,455,000 979,438 67%1,465,000 430,705 29%
Expenses
Capital Outlay 3,315,000 34,777 1%3,660,000 - 0%
Interfund Transfers 75,000 18,750 25%75,000 18,750 25%
Miscellaneous 12,000 - 0%200,000 560,000 280%
Services and Supplies 1,005,000 79,955 8%5,000 9,986 200%
Expenses Total 4,407,000 133,482 3%3,940,000 588,736 15%
340 DEMPSTER-DODGE TIF FUND
Revenue
Interest Income 1,000 7,999 800%1,000 3,807 381%
Property Taxes 180,000 243,502 135%180,000 - 0%
Revenue Total 181,000 251,500 139%181,000 3,807 2%
Expenses
Interfund Transfers 176,857 44,214 25%174,483 43,620 25%
Services and Supplies 2,000 356 18%2,000 4,991 250%
Expenses Total 178,857 44,570 25%176,483 48,611 28%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
345 CHICAGO-MAIN TIF
Revenue
Interest Income 5,000 28,085 562%2,500 16,340 654%
Other Revenue 1,880,000 50,000 3%1,880,000 - 0%
Property Taxes 1,000,000 571,203 57%1,000,000 523,704 52%
Revenue Total 2,885,000 649,288 23%2,882,500 540,043 19%
Expenses
Capital Outlay 260,000 200,939 77%2,469,000 3,178 0%
Interfund Transfers 272,480 68,121 25%271,355 67,839 25%
Miscellaneous 250,000 - 0%250,000 - 0%
Services and Supplies 15,010 1,768 12%5,000 9,984 200%
Expenses Total 797,490 270,828 34%2,995,355 81,001 3%
350 SPECIAL SERVICE AREA (SSA) #6
Revenue
Interest Income 250 3,977 1591%250 2,228 891%
Property Taxes 221,000 101,326 46%221,000 73,448 33%
Revenue Total 221,250 105,303 48%221,250 75,676 34%
Expenses
Services and Supplies 220,000 - 0%220,000 (117,144) -53%
Expenses Total 220,000 - 0%220,000 (117,144) -53%
355 SPECIAL SERVICE AREA (SSA) #7
Revenue
Interest Income 200 874 437%200 494 247%
Property Taxes 142,000 71,826 51%142,000 34,500 24%
Revenue Total 142,200 72,700 51%142,200 34,994 25%
Expenses
Services and Supplies 140,000 - 0%140,000 - 0%
Expenses Total 140,000 - 0%140,000 - 0%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
360 SPECIAL SERVICE AREA (SSA) #8
Revenue
Interest Income - 404 - 196
Property Taxes 60,200 30,974 51%60,200 12,532 21%
Revenue Total 60,200 31,378 52%60,200 12,728 21%
Expenses
Services and Supplies 60,200 - 0%60,200 - 0%
Expenses Total 60,200 - 0%60,200 - 0%
365 FIVE FIFTH TIF FUND
Revenue
Property Taxes - 430,331
Revenue Total - 430,331
Expenses
Capital Outlay - 131,410
Miscellaneous - 2,537
Services and Supplies 100,000 356 0%100,000 4,990 5%
Expenses Total 100,000 356 0%100,000 138,937 139%
415 CAPITAL IMPROVEMENTS FUND
Revenue
Interest Income - 38,920 - 49,360
Interfund Transfers 85,000 - 0%
Intergovernmental Revenue 1,470,000 276,325 19%4,592,500 - 0%
Other Revenue 23,283,500 66,196 0%17,350,000 24,745 0%
Revenue Total 24,753,500 381,442 2%22,027,500 74,105 0%
Expenses
Capital Outlay 23,358,500 1,665,627 7%22,492,500 364,352 2%
Miscellaneous - (32,801)
Services and Supplies 1,860,000 211,124 11%- 176,154
Expenses Total 25,218,500 1,876,752 7%22,492,500 507,705 2%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
416 CROWN CONSTRUCTION FUND
Revenue
Interest Income 10,000 91,457 915%10,000 62,919 629%
Other Revenue 1,000,000 - 0%1,000,000 - 0%
Revenue Total 1,010,000 91,457 9%1,010,000 62,919 6%
Expenses
Capital Outlay 200,000 - 0%200,000 - 0%
Interfund Transfers 619,118 154,779 25%945,000 236,250 25%
Miscellaneous - 1,604
Services and Supplies 60 15 25%- 15
Expenses Total 819,178 154,794 19%1,145,000 237,869 21%
417 CROWN COMMUNITY CTR MAINTENANCE
Revenue
Interfund Transfers 175,000 43,749 25%175,000 43,749 25%
Revenue Total 175,000 43,749 25%175,000 43,749 25%
Expenses
Capital Outlay 175,000 - 0%175,000 - 0%
Expenses Total 175,000 - 0%175,000 - 0%
420 SPECIAL ASSESSMENT FUND
Revenue
Interest Income 35,000 9,474 27%30,000 16,440 55%
Other Taxes 125,000 82,483 66%125,000 91,066 73%
Revenue Total 160,000 91,957 57%155,000 107,507 69%
Expenses
Capital Outlay 452,500 - 0%375,000 - 0%
Interfund Transfers 425,652 23,001 5%455,360 113,838 25%
Services and Supplies 50 15 30%- 15
Expenses Total 878,202 23,016 3%830,360 113,853 14%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
505 PARKING SYSTEM FUND
Revenue
Charges for Services 8,420,000 2,185,207 26%8,308,975 1,898,657 23%
Interest Income 25,000 29,645 119%20,000 15,340 77%
Intergovernmental Revenue 1,100,000 - 0%1,100,000 - 0%
Other Revenue 422,900 77,664 18%486,700 99,066 20%
Revenue Total 9,967,900 2,292,516 23%9,915,675 2,013,063 20%
Expenses
Capital Outlay - - 1,600,000 - 0%
Debt Service 79,150 - 0%76,150 - 0%
Insurance and Other Chargebacks 369,077 92,268 25%369,077 92,268 25%
Interfund Transfers 3,180,390 795,096 25%3,132,390 783,096 25%
Miscellaneous 50,000 (2,538) -5%
Salary and Benefits 1,582,397 373,145 24%1,716,539 389,116 23%
Services and Supplies 4,220,350 989,030 23%4,340,316 949,406 22%
Expenses Total 9,431,364 2,249,539 24%11,284,472 2,211,348 20%
510 WATER FUND
Revenue
Charges for Services 25,259,051 5,501,427 22%24,378,734 5,194,572 21%
Interest Income 70,000 59,482 85%70,000 59,837 85%
Licenses, Permits and Fees 50,000 21,386 43%50,000 (1,700) -3%
Other Revenue 66,234,150 - 0%51,039,150 2,783,356 5%
Revenue Total 91,613,201 5,582,295 6%75,537,884 8,036,065 11%
Expenses
Capital Outlay 58,470,500 578,137 1%388,400 - 0%
Contingencies 1,000 - 0%1,000 - 0%
Debt Service 4,826,609 289,908 6%4,072,486 - 0%
Insurance and Other Chargebacks 1,665,135 421,271 25%1,665,135 416,569 25%
Interfund Transfers 4,363,000 1,090,752 25%4,229,559 1,057,392 25%
Miscellaneous 10,000 - 0%15,000 (45,867) -306%
Salary and Benefits 7,936,849 1,437,497 18%7,110,142 1,526,370 21%
Services and Supplies 10,284,310 432,485 4%5,908,008 612,831 10%
Expenses Total 87,557,403 4,250,050 5%23,389,730 3,567,294 15%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
513 WATER DEPR IMPRV &EXTENSION FUND
Expenses
Capital Outlay - 744,239 57,780,500 27,700 0%
Services and Supplies - 1,572 11,700 17,341 148%
Expenses Total - 745,811 57,792,200 45,041 0%
515 SEWER FUND
Revenue
Charges for Services 10,229,424 2,026,805 20%10,240,424 1,965,349 19%
Interest Income 25,000 26,935 108%25,000 15,687 63%
Other Revenue 1,000 6,717 672%1,000 - 0%
Revenue Total 10,255,424 2,060,457 20%10,266,424 1,981,036 19%
Expenses
Capital Outlay 2,950,000 - 0%3,050,700 54,957 2%
Debt Service 3,550,270 459,968 13%3,809,232 624,753 16%
Insurance and Other Chargebacks 369,800 92,451 25%369,800 92,451 25%
Interfund Transfers 1,271,321 317,829 25%883,858 220,965 25%
Miscellaneous 1,500 (16,761) -1117%
Salary and Benefits 1,546,276 298,089 19%1,386,579 327,944 24%
Services and Supplies 1,718,600 6,581 0%1,750,300 (70,304) -4%
Expenses Total 11,406,267 1,174,919 10%11,251,969 1,234,005 11%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
520 SOLID WASTE FUND
Revenue
Charges for Services 4,902,674 1,140,237 23%4,669,000 1,036,412 22%
Interest Income 3,000 3,525 118%
Interfund Transfers 100,000 - 0%
Licenses, Permits and Fees 375,000 163,270 44%389,000 93,743 24%
Other Revenue 38,000 3,247 9%122,000 50,817 42%
Property Taxes 1,332,500 333,125 25%1,332,500 333,125 25%
Revenue Total 6,751,174 1,643,405 24%6,512,500 1,514,097 23%
Expenses
Capital Outlay 850,000 8,165 1%525,000 11,686 2%
Interfund Transfers 418,600 104,649 25%322,000 80,499 25%
Miscellaneous 30,000 73 0%15,000 1,540 10%
Salary and Benefits 1,893,717 380,371 20%1,651,410 395,085 24%
Services and Supplies 4,081,466 802,155 20%3,935,115 765,902 19%
Expenses Total 7,273,783 1,295,413 18%6,448,525 1,254,713 19%
600 FLEET SERVICES FUND
Revenue
Charges for Services 4,216,140 1,054,032 25%3,244,440 811,107 25%
Interest Income 1,000 - 0%1,000 - 0%
Other Revenue 44,000 11,854 27%69,000 - 0%
Revenue Total 4,261,140 1,065,886 25%3,314,440 811,107 24%
Expenses
Capital Outlay - 780 - -
Salary and Benefits 1,624,232 368,803 23%1,417,422 355,143 25%
Services and Supplies 2,588,890 339,977 13%2,044,557 449,619 22%
Expenses Total 4,213,122 709,559 17%3,461,979 804,762 23%
Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget
601 EQUIPMENT REPLACEMENT FUND
Revenue
Charges for Services 754,885 188,721 25%754,885 188,721 25%
Interest Income 2,000 8,887 444%- 5,691
Intergovernmental Revenue 1,250,000 - 0%1,500,000 - 0%
Other Revenue 25,000 21,400 86%25,000 263 1%
Revenue Total 2,031,885 219,008 11%2,279,885 194,675 9%
Expenses
Capital Outlay 3,365,167 46,949 1%2,700,000 183,679 7%
Services and Supplies - 370 - 59
Expenses Total 3,365,167 47,319 1%2,700,000 183,738 7%
605 INSURANCE FUND
Revenue
Charges for Services - 814
Insurance 10,098,091 2,333,727 23%9,444,453 2,354,954 25%
Interest Income - 10,501
Other Revenue 12,859,571 2,355,446 18%11,448,112 2,609,601 23%
Workers Compensation and Liability 886,000 208,817 24%862,500 537,727 62%
Revenue Total 23,843,662 4,909,305 21%21,755,065 5,502,282 25%
Expenses
Insurance and Other Chargebacks 19,330,965 4,368,990 23%16,765,000 3,926,018 23%
Salary and Benefits 3,805 1,466 39%4,287 25,293 590%
Services and Supplies 3,660,000 2,220,916 61%3,244,200 1,525,220 47%
Expenses Total 22,994,770 6,591,372 29%20,013,487 5,476,530 27%