03 24 26 FY 2026 Second Quarter Update – Chief Financial Officer Kevin Artz
Extracted text (via pymupdf)
4379 characters
2ND QUARTER FY 2026 March 24, 2026 GENERAL FUND REVENUE, DECEMBER 31, 2025 % Collected Actual Budget Revenue 52.04% 22,435,450 43,111,500 Taxes 66.53% 1,728,693 2,598,300 Intergovernmental 22.78% 155,973 684,750 License & Permits 66.20% 1,461,230 2,207,200 Charges for Services 87.52% 1,531,651 1,750,000 Interest 103.34% -724,120 -700,700 Miscellaneous (T/O) 53.55% 26,588,877 49,651,050 Total TOTAL REVENUE BY FUND DECEMBER 31, 2025 % Collected Actual Budget Fund 53.6% 26,588,877 49,651,050 General 45.6% 3,790,812 8,305,000 Public Safety Tax 43.8% 413,524 945,000 HURF 53.9% 4,810,020 8,931,700 Water 46.0% 221,110 480,500 Sanitation 18.4% 4,995,790 27,128,450 Wastewater 46.6% 864,727 1,856,300 Sewer GENERAL FUND CITY SALES TAX – THRU DECEMBER 2025 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 24,022,328 21,031,145 17,520,299 18,295,581 17,004,864 TOTAL - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 JULY AUG SEPT OCT NOV DEC FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 % of Budget Expenditures Budget Department Org 55.9% 542,428 970,000 Mayor & Council 1010 49.1% 294,259 599,700 City Management 2020 37.3% 447,510 1,200,350 Public Affairs 3030 17.4% 133,324 766,300 Housing Services 1141 43.1% 241,194 560,200 City Clerk 4040 45.3% 531,286 1,173,000 Employee Resources 5050 47.4% 143,378 302,850 City Magistrate 6060 38.6% 228,595 590,500 Court Administration 6061 44.0% 82,750 188,000 City Prosecutor 2154 58.6% 1,170,284 1,995,550 Finance 7070 40.8% 913,391 2,239,050 Information Technology 8100 37.2% 453,125 1,218,350 Police Administration 2150 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 12/31/2025 % of Budget Expenditures Budget Department Org 49.7% 1,254,792 2,522,700 Police Support Services 2151 43.7% 2,071,361 4,743,430 Police Field Operations 2153 39.7% 740,429 1,865,200 Library 9110 43.4% 494,057 1,139,900 Fire Administration 3160 44.4% 1,979,658 4,459,500 Fire Operations 3161 6.9% 22,036 317,200 Emergency Preparedness 4165 1.7% 24,879 1,448,524 Aquatics Center 0130 43.9% 297,350 676,600 Field Operations Vehicles 0120 43.8% 220,130 502,550 Field Operations – Grounds 0121 44.7% 774,544 1,733,900 Field Operations – Building 0122 37.1% 257,882 692,550 Building Inspection 5170 37.3% 486,644 1,303,900 Streets 5123 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 12/31/2025 % of Budget Expenditures Budget Department Org 57.6% 263,531 457,500 Transportation 5124 40.5% 654,752 1,615,975 Human Services 1140 9.7% 6,000 62,000 Nonprofit 3031 24.2% 644,111 2,659,900 Recreation 6180 45.7% 101,859 221,600 Teen Council 6181 27.7% 185,010 669,950 City Promotion 6182 73.1% 763,823 1,045,050 Economic Development 5171 39.7% 232,090 584,250 Planning and Engineering 5172 41.1% 44,516 107,000 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 12/31/2025 % of Budget Expenditures Budget Department Org 16.8% 4,406,330 26,265,000 CIP – Economic Development 5906 14.5% 87,747 600,000 CIP - Finance 7901 88.9% 120,624 135,000 CIP – Information Technology 8902 51.8% 248,504 478,000 CIP – Field Operations 0903 0.0% 0 57,000 CIP – Comm/Senior Center 1905 2.1% 12,660 569,500 CIP - Parks 6907 0.0% 0 4,000,000 Contingency 7080 31.0% 21,884,600 70,690,080 Total GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 12/31/2025 % of Budget Expenditures Budget Fund 68.2% 917,759 1,345,000 HURF 0.7% 416,391 56,700,809 Grants 30.9% 2,587,558 8,383,000 Public Safety Sales Tax 19.6% 6,281,921 32,000,000 CIP – Aquatic Center 11.2% 724,755 6,444,613 Debt Service 23.8% 5,010,972 21,033,000 Water 40.9% 218,051 532,500 Sanitation 15.9% 5,163,324 32,370,400 WWTP 34.3% 831,538 2,423,700 Sewer 33.3% 582,979 1,762,423 Other 19.1% 44,698,246 233,685,525 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?