06 23 26 FY 2026 Third Quarter Update – Chief Financial Officer Kevin Artz
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3RD QUARTER FY 2026 June 23, 2026 GENERAL FUND REVENUE, MARCH 30, 2026 % Collected Actual Budget Revenue 85.56% 36,888,083 43,111,500 Taxes 101.44% 2,635,594 2,598,300 Intergovernmental 40.88% 279,934 684,750 License & Permits 80.89% 1,785,349 2,207,200 Charges for Services 131.26% 2,297,042 1,750,000 Interest 119.10% -834,517 -700,700 Miscellaneous (T/O) 86.71% 43,051,484 49,651,050 Total TOTAL REVENUE BY FUND MARCH 30, 2026 % Collected Actual Budget Fund 86.7% 43,051,484 49,651,050 General 72.1% 5,987,062 8,305,000 Public Safety Tax 70.7% 668,374 945,000 HURF 74.5% 6,651,249 8,931,700 Water 69.3% 333,167 480,500 Sanitation 27.2% 7,391,541 27,128,450 Wastewater 66.3% 1,231,590 1,856,300 Sewer GENERAL FUND CITY SALES TAX – THRU MARCH 2026 FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 3,796,808 3,554,254 3,121,600 3,395,170 2,936,705 JULY 4,196,830 3,549,973 2,541,375 2,773,384 2,724,416 AUG 4,084,927 3,699,349 2,727,546 3,537,234 2,696,386 SEPT 3,248,573 3,657,130 2,850,570 3,193,633 3,027,823 OCT 4,184,878 3,355,292 2,967,856 2,832,396 2,930,168 NOV 4,510,312 3,215,147 3,311,352 2,563,764 2,689,366 DEC 4,280,199 3,884,222 5,118,373 3,037,881 3,730,747 JAN 4,097,688 3,771,715 3,284,724 2,738,150 2,652,833 FEB 3,685,572 3,463,597 4,224,147 2,864,994 2,696,572 MAR 36,085,787 32,150,679 30,147,543 26,936,606 26,085,016 TOTAL GENERAL FUND CITY SALES TAX – THRU MARCH 2026 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 JULY AUG SEPT OCT NOV DEC JAN FEB MAR FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 % of Budget Expenditures Budget Department Org 69.0% 668,825 970,000 Mayor & Council 1010 72.2% 433,368 599,700 City Management 2020 59.7% 697,771 1,200,350 Public Affairs 3030 26.1% 200,865 766,300 Housing Services 1141 60.0% 336,267 560,200 City Clerk 4040 68.9% 763,191 1,173,000 Employee Resources 5050 69.6% 210,910 302,850 City Magistrate 6060 58.4% 341,638 590,500 Court Administration 6061 59.0% 111,000 188,000 City Prosecutor 2154 80.2% 1,601,544 1,995,550 Finance 7070 54.0% 1,210,173 2,239,050 Information Technology 8100 57.0% 676,446 1,218,350 Police Administration 2150 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2026 % of Budget Expenditures Budget Department Org 75.3% 1,893,703 2,522,700 Police Support Services 2151 69.6% 3,264,713 4,743,430 Police Field Operations 2153 73.5% 1,105,542 1,865,200 Library 9110 67.4% 768,791 1,139,900 Fire Administration 3160 67.6% 2,896,021 4,459,500 Fire Operations 3161 9.4% 29,389 317,200 Emergency Preparedness 4165 2.3% 33,019 1,448,524 Aquatics Center 0130 68.9% 463,155 676,600 Field Operations Vehicles 0120 76.6% 372,143 502,550 Field Operations – Grounds 0121 71.0% 1,149,169 1,733,900 Field Operations – Building 0122 55.8% 386,759 692,550 Building Inspection 5170 61.8% 775,212 1,303,900 Streets 5123 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2026 % of Budget Expenditures Budget Department Org 95.4% 436,091 457,500 Transportation 5124 55.7% 900,663 1,615,975 Human Services 1140 9.7% 6,000 62,000 Nonprofit 3031 51.3% 1,354,186 2,659,900 Recreation 6180 63.3% 140,236 221,600 Teen Council 6181 49.6% 278,309 669,950 City Promotion 6182 80.5% 842,905 1,045,050 Economic Development 5171 70.3% 407,158 584,250 Planning and Engineering 5172 59.5% 63,692 107,000 Employee Development 1145 0% 0 175,000 CIP - City Hall 5908 20.9% 23,314 110,000 CIP – Library 9910 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2026 % of Budget Expenditures Budget Department Org 29.8% 6,294,627 26,265,000 CIP – Economic Development 5906 14.5% 89,747 600,000 CIP - Finance 7901 88.9% 120,624 135,000 CIP – Information Technology 8902 21.2% 78,013 478,000 CIP – Field Operations 0903 0.0% 0 57,000 CIP – Comm/Senior Center 1905 70.3% 261,009 569,500 CIP - Parks 6907 0.0% 0 2,645,000 Contingency 7080 49.1% 32,298,779 70,690,080 Total GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2026 % of Budget Expenditures Budget Fund 72.3% 972,381 1,345,000 HURF 0.7% 459,454 56,700,809 Grants 52.33% 4,387,245 8,383,000 Public Safety Sales Tax 46.2% 14,805,236 32,000,000 CIP – Aquatic Center 11.2% 724,755 6,444,613 Debt Service 39.6% 7,136,338 18,033,000 Water 61.2% 326,759 532,500 Sanitation 25.1% 8,107,856 32,370,400 WWTP 20.9% 1,137,028 5,423,700 Sewer 57.7% 1,018,825 1,762,423 Other 44.8% 71,374,656 233,685,525 Total OTHER FUND EXPENDITURE BY DEPARTMENT THRU 12/31/2025 Key Take-Aways • FY 2026 revenues are projecting to exceed budget. • FY 2026 expenditures are projecting to be below budget. Questions?