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   <br />  <br />  STAFF REPORT  <br /> <br /> <br /> <br />TO: Mayor Keis and Members of the City Council <br /> <br />FROM: Sam Magureanu, Finance Director <br /> <br />DATE: October 26, 2022 <br /> <br />RE: 2022 3rd Quarter Financial Reports <br /> <br /> <br />INTRODUCTION: <br />Attached are the 2022 3rd Quarter Financial Reports for the City of Little Canada. <br /> <br />Attachments: <br /> General Fund Quarterly Financial Report <br /> Special Revenue and Enterprise Funds Quarterly Financial Report <br /> Investments by Maturity and Type <br /> <br /> <br />General Fund Revenue <br />The budget revenues are slightly higher in 2022 when compared with the last couple years. The <br />increase relates to higher permit revenues collected within the quarter (Twin Lake Apts. project) <br />and increase roofing and siding permits due to hail storms. Further, the 2021 sheriff’s <br />reimbursement for 2021 was received in 2022. <br />53.66% <br />62.00% <br />52.90%50.51% <br />60.70% <br />0.00% <br />10.00% <br />20.00% <br />30.00% <br />40.00% <br />50.00% <br />60.00% <br />70.00% <br />80.00% <br />90.00% <br />100.00% <br />2018 2019 2020 2021 2022 <br />% of Revenue to  Budget <br />