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CITY OF LITTLE CANADA
<br />GENERAL FUND QUARTERLY FINANCIAL REPORT
<br />THROUGH DECEMBER 31, 2021 WITH COMPARISON TO DECEMBER 31, 2020
<br />General Fund
<br />Budget YTD % of Budget Budget YTD % of Budget Highlights/Comments
<br />Revenues:
<br />Taxes 3,217,627 3,306,193 102.75%3,117,156 3,213,980 103.11%Trending as expected and consistent with prior years
<br />Licenses 63,225 51,810 81.94%76,225 56,555 74.19%
<br />Liquor Licenses 47,730 25,412 53.24%47,730 37,455 78.47%2021 and 2020 reflect fee reductions granted due to pandemic
<br />Permits 175,900 117,880 67.02%175,900 127,318 72.38%Permit revenue down slightly from 2020. 2022 is trending higher.
<br />Charges for Services 79,089 81,287 102.78%79,089 62,148 78.58%2021 increase due to FH building inspection revenue
<br />Fines 44,000 40,440 91.91%44,000 24,151 54.89%2020 had less traffic stops due to pandemic
<br />Intergovernmental Revenue 287,518 313,069 108.89%290,918 315,358 108.40%
<br />CARES Act Funds 0 782,484
<br />FEMA Reimb. for Twin Lake 0 66,267
<br />Investment Income 37,600 12,687 33.74%64,800 84,462 130.34%Investment inc. down due to low interest rate environment& mark to market
<br />Miscellaneous 126,783 25,252 19.92%129,719 105,455 81.29%Sheriff reimb not received in 2021 for $90,983
<br />Transfers In 118,400 114,953 97.09%109,300 98,565 90.18%2021 increase due to budgeted transfer from HIA Fund Close Out
<br />Total Revenues 4,197,872 4,088,982 97.41%4,134,837 4,974,197 120.30%
<br />Expenditures
<br />Mayor & Council 91,220 87,315 95.72%91,995 83,463 90.73%
<br />Elections 31,600 31,721 100.38%24,550 20,386 83.04%2021 is 1st year of new elections contract
<br />Administration 207,745 206,934 99.61%188,061 176,162 93.67%
<br />Attorney 95,500 77,316 80.96%101,500 70,965 69.92%
<br />Engineer 24,000 32,401 135.00%45,270 41,315 91.26%High utilization of GIS services in 2021.
<br />Planning 184,830 181,272 98.07%172,545 158,884 92.08%2020 has salary savings due to a vacant position in Jan/Feb
<br />Insurance 38,930 38,930 100.00%34,380 34,380 100.00%
<br />City Center 31,370 26,010 82.91%31,940 24,845 77.79%
<br />Old Fire Hall 8,200 6,245 76.15%8,100 5,135 63.39%
<br />Police 1,788,317 1,761,173 98.48%1,716,353 1,722,784 100.37%
<br />Fire Department 462,875 473,866 102.37%472,728 480,742 101.70%State Fire Aid. Budget Adjustment proposed.
<br />Fire Marshal 18,000 6,886 38.26%29,000 15,395 53.09%2021 savings due to department restructure
<br />Protective Inspections 217,810 213,767 98.14%222,435 183,965 82.71%2020 had savings due to vacancy of Code Enforcement/Rental Inspection
<br />Emergency Service/Civil Defense 2,860 2,249 78.63%2,860 1,513 52.89%
<br />COVID-19 - 0 - 111,437
<br />Animal Control 3,070 2,149 70.00%3,070 835 27.20%
<br />Streets 309,340 247,251 79.93%315,410 268,815 85.23%2021 savings for PW maint vacancy (hired July) & salt savings
<br />Storm Water 14,290 1,602 11.21%9,130 11,971 131.12%Decrease in 2021 activities due to PW vacancy until July
<br />Street Lighting 64,800 61,480 94.88%65,000 59,670 91.80%
<br />Recycling/Sanitation 33,140 25,646 77.39%25,360 19,327 76.21%
<br />City Garage 36,560 35,455 96.98%35,000 37,741 107.83%
<br />Parks & Recreation 507,020 483,510 95.36%496,340 444,367 89.53%2021 had savings due to placing recreation services contract on hold due to pandemic
<br />Community Partnerships 27,895 20,949 75.10%26,310 19,739 75.02%
<br />Shade Trees 6,000 17,570 292.83%6,000 4,238 70.63%2021 includes the ash trees removed due to EAB. Budget adjustment proposed.
<br />Contingency 15,000 - 0.00%15,000 - 0.00%
<br />Total Expenditures 4,220,372 4,041,694 95.77%4,138,337 3,998,069 96.61%
<br />Rev. over/(under) expen. before BA (22,500) 47,289 (3,500) 976,129
<br />BA (Budget Amendment) for Efficiencies (38,500) (3,322) 8.63%(78,870) (40,405) 51.23%
<br />Rev. over/(under) expen. after BA (61,000)$ 43,967$ (82,370)$ 935,724$
<br />2021 2020
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