06 10 25 FY 2025 Third Quarter Update - Chief Financial Officer Artz
Extracted text (via pymupdf)
4371 characters
3RD QUARTER FY 2025 June 10, 2025 GENERAL FUND REVENUE MARCH 30, 2025 % Collected Actual Budget Revenue 82.9% 31,931,084 38,508,500 Taxes 76.9% 2,111,137 2,743,800 Intergovernmental 50.3% 355,589 706,750 License & Permits 92.0% 1,970,817 2,141,800 Charges for Services 151.1% 2,270,550 1,500,000 Interest 390.30% 2,938,521 -751,650 Miscellaneous (T/O) 92.7% 41,577,699 44,849,200 Total TOTAL REVENUE BY FUND MARCH 30, 2025 % Collected Actual Budget Fund 92.7% 41,577,699 44,849,200 General 66.5% 5,390,711 8,105,000 Public Safety Tax 76.2% 655,120 860,000 HURF 84.6% 7,228,850 8,545,300 Water 73.2% 340,106 464,800 Sanitation 31.7% 7,469,252 23,561,175 Wastewater GENERAL FUND CITY SALES TAX – THRU MARCH 2025 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 3,554,254 3,121,600 3,395,170 2,936,705 2,042,301 JULY 3,549,973 2,541,375 2,773,384 2,724,416 1,981,067 AUG 3,699,349 2,727,546 3,537,234 2,696,386 1,907,522 SEPT 3,657,130 2,850,570 3,193,633 3,027,823 2,019,137 OCT 3,355,292 2,967,856 2,832,396 2,930,168 1,945,474 NOV 3,215,147 3,311,352 2,563,764 2,689,366 2,012,281 DEC 3,884,222 5,118,373 3,037,881 3,730,747 2,308,180 JAN 3,771,715 3,284,724 2,738,150 2,652,833 2,210,066 FEB 3,463,597 4,224,147 2,864,994 2,696,572 2,261,867 MAR 32,150,679 30,147,543 26,936,606 26,085,016 18,687,895 TOTAL % of Budget Expenditures Budget Department Org 69.1% 609,566 882,500 Mayor & Council 1010 72.3% 411,746 569,465 City Management 2020 73.4% 679,512 925,250 Public Affairs 3030 23.2% 202,393 873,450 Housing Services 1141 75.4% 330,574 438,450 City Clerk 4040 71.6% 725,997 1,014,500 Employee Resources 5050 70.8% 194,014 274,150 City Magistrate 6060 53.4% 321,458 601,600 Court Administration 6061 46.2% 49,875 108,000 City Prosecutor 2154 80.2% 1,480,491 1,846,250 Finance 7070 65.6% 1,275,212 1,944,400 Information Technology 8100 52.5% 583,007 1,110,050 Police Administration 2150 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2025 % of Budget Expenditures Budget Department Org 62.7% 1,492,945 2,380,200 Police Support Services 2151 69.1% 2,946,179 4,260,950 Police Field Operations 2153 65.8% 1,098,665 1,669,200 Library 9110 52.9% 636,352 1,203,600 Fire Administration 3160 66% 2,727,944 4,132,600 Fire Operations 3161 41.8% 196,458 470,500 Emergency Preparedness 4165 0.6% 9,155 1,525,000 Aquatics Center 0130 64.5% 412,756 640,400 Field Operations Vehicles 0120 58.2% 282,761 485,700 Field Operations – Grounds 0121 63.5% 1,047,786 1,650,600 Field Operations – Building 0122 62.5% 386,889 618,750 Building Inspection 5170 47% 655,532 1,395,300 Streets 5123 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2025 % of Budget Expenditures Budget Department Org 51% 229,602 450,000 Transportation 5124 40.5% 440,482 1,086,600 Human Services 1140 9.7% 6,000 62,000 Nonprofit 3031 43.9% 987,267 2,250,100 Recreation 6180 58% 130,591 225,150 Teen Council 6181 56.8% 358,935 631,450 City Promotion 6182 35.5% 437,603 1,234,350 Economic Development 5171 55.6% 301,644 542,450 Planning and Engineering 5172 76.7% 82,014 107,000 Employee Development 1145 34.1% 341,016 1,000,000 CIP - Aquatic Center 0904 30% 74,934 250,000 CIP - City Hall 5908 33.2% 28,217 85,000 CIP – Library 9910 GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2025 % of Budget Expenditures Budget Department Org 5% 371,496 7,425,000 CIP – Economic Development 5906 10.8% 86,346 800,000 CIP - Finance 7901 27.8% 44,403 160,000 CIP – Information Technology 8902 69.4% 222,055 320,000 CIP – Field Operations 0903 52.8% 30,085 57,000 CIP – Comm/Senior Center 1905 30% 78,087 260,000 CIP - Parks 6907 0.0% 0 2,000,000 Contingency 7080 45.1% 23,008,044 51,007,715 Total GENERAL FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2025 % of Budget Expenditures Budget Fund 20.8% 284,413 1,370,000 HURF 3.1% 844,232 53,358,720 Grants 50.4% 4,620,035 9,161,000 Public Safety Sales Tax 0.0% 0 21,000,000 CIP – Aquatic Center 5.0% 321,213 6,335,145 Debt Service 39.9% 7,448,873 18,684,200 Water 66.6% 331,862 498,100 Sanitation 23.1% 6,635,833 28,718,000 WWTP 14.5% 932,007 6,420,200 Sewer 73.1% 1,105,547 1,511,034 Other 23.1% 45,831,623 198,064,114 Total OTHER FUND EXPENDITURE BY DEPARTMENT THRU 3/30/2025 Key Take-Aways • FY 2025 revenues are projecting to exceed budget. • FY 2025 expenditures are projecting to be below budget. Questions?