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11-20-2018 Item No. 10 FY 2018-19 First Quarter Financial Report PresentationItem #10 Salary and Benefits $ 32,518,693 7,605,734 28,863,956 Cost Allocation 9,856,846 Capital Outlays and Special Projects 44,603,300 Contingencies 1,625,701 Debt Service, Transfers Out and Other Financing Uses 45,092,298 $ 170,166,528 . Actual Ex enditur~~ $ 30,987,806 6,982,196 24,495,838 9,856,846 29,061,180 911 49,331,483 $ 150,716,260 11/20/2 018 (623,538) (4,368,118) (15,542,120) (1,624,790) 4,239,185 $ (19,450,268) 1 Item #10 05 -Sales tax 10 -Er.operty tax... 15 -Transient occupancy 20 -Utility tax 25 -Franchise fees 30 -Other taxes 35 -Licenses and permits 40 -Use of money and property 45 -Intergovernmental revenue 50 -Charges for services 55 -Fines and forfeitures 60 -Miscellaneous 65 -Transfers in 70 -Other financing sources . ·. , ., Amended ·. · ·. Bud et $ 23,790,000 22,357 000 6,708,000 3,200,000 3,040,000 4,200,000 2,145,000 1,880,990 2,479,590 26,993,682 606,000 3,439,889 40,093,130 9,803,888 $ 150,737,169 11/20/2018 26,164,531 $ (2,374,531) 22 ,433 ,806 (.76,806) 6,810,718 (102,718) 3,146,398 53,602 3,563,820 (523,820) 1,943,651 2,256,349 2,757,929 (612,929) 1,642,899 238,091 3,337,078 (857,488) 22,764,889 4,228,793 602,934 3,066 3,705,494 (265,605) 44,655,951 (4,562,821) 5,996,341 3,807,547 $149,526,438 $ 1,210,731 2 Item #10 11/20/2018 6,666,889 6,360,674 (306,214) 10 -Property ta x 36,740 46,705 9,965 15 -Transient occupancy 1,003,046 1,544,942 541,896 20 -Utility tax 422,586 515,368 92,781 25 -Franchise fees 205,058 201,652 (3 ,406) 30 -Other taxes 299,865 296,975 (2,890) 35 -Lice n ses and permits 719,647 894,703 175,056 40 -Use of money and property 404,678 459,966 55,288 45 -Intergovernmental revenue 26,563 33,873 7,310 50 -Charges for services 2,476,766 2,578,719 101,953 55 -Fines and forfeitures 72,214 68,362 (3,852) 60 -Miscellaneous 151,170 203,109 51,938 65 -Transfers in 500,001 10,000 (4 90,00 1) 70 -Other financing sources 506,776 420,756 (86,019) 13,491,999 13 ,635,804 143 ,805 05 -Employee compensation 3,932,849 4,505,318 572,469 10 -Employee benefits 1,800,537 1,960,331 159,795 9% 15 -Materials 1,054,183 1,025,836 (28,347) -3 % 20 -Contract services 4,882,303 5,216,591 334,288 7% 25 -Cost allocation 2,025,460 2,342,056 316,596 16 % 30 -Capital outlays 68,235 73,736 5,501 8% 31 -Special projects 603,938 1,105,755 501,817 83 % 35 -Contingencies 0 0 0 0% 45 -Transfer out 3,182,343 11,358,912 8,176,569 257% 50 -Other financing u ses 75,267 57,891 (17,377) -23 % Gran d To tal 27,64 6,427 10,021,311 3 Item #10 First Quarter Adjustments by Fund & Department ($3,203,705) D e p a rtm ent Expe nditure Re ve nue City Manager's Office 67,661 Adm inis t rat ive Services 123,473 Law Enforcement 2,972 Pu blic Works 285,747 Recreation&. Community Services (20,000) Fund Bal a n ce Used D escriptio n 671 661 Position Reclassification; Converting PT Fr ont Desk Staff to Ff Senior Office Assistant; PT Community Coordinator for Disast er Pr e ared ness 123,473 Position Reclassification and HR Manager Doub le Fi ll and PT salary saving s 2,972 Animal Services Contract Increases 285,747 Facility/Grounds/Bridge Main tenance a n d Repai r; Blesch Property lmprovements; Seivert Property Improvements (20 ,000) Defunding Neighborhood Events 11/20/2018 4 Item #10 First Quarter Adjustments by Fund & Department ($3,203,705) 270 Pu b hc Works 28,7 78 TOTAL SPECIAL REVENU TOTAL SPECIAL REVENUE FUND 28,778 CAPITAL IMPROVEMENT FUN (1,8 00,0 00) (I ,800,000) CIP Rese rve (1,925,000) TOTAL CA PIT AL IMPROVEMENT FUND (3,725,000) (1,8 00,000) I rm:m ENTERPRI SE FUND II Recrea tion & Community Services 27,864 TOTAL ENTERPRISE FUND 27,8 64 INT ERN AL SERVICE FUND 28,778 28,7 78 Pos ition Reclassi fi ca tion Defu nd ing Bike lmprovement appropriation tha t was replaced by a carr 'over (1,92 5,000) Defun di ng CJP Res erve t ran sfers for Bike Im pr ov ement pr oject a nd Aqu a ti c Hab ita t projec t (1,925,000) 27,864 Sex u a l Abuse and Moles tation Insuran ce Fees 27,86 4 4,8 00 Position Promotion 610 Innovation&: Technology 4,8 00 -4,8 00 Position Promotion TOTAL lNT ERNAL SER VICEFUN D 4,8 00 -4,8 00 T OT AL ALL FUNDS (3 ,20 3,705) (1,800 ,000) (1 ,403 ,705) Sen ior O ffice Assistant ( Convert 2 PT Staff) Senior Office Assistant (Remove Limited Term and reclass from Office Assistant) $25 ,156 11/20/2018 5 Item #10 Recommendations 1. Accept the City Manager's First Quarter Financial Report for Fiscal Year 2018-19 2 . Adopt a draft resolution approving First Quarter budget adjustments 11/20/2018 6 Item #10 11/20/2018 7