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CITY OF LITTLE CANADA
<br />GENERAL FUND QUARTERLY FINANCIAL REPORT
<br />THROUGH JUNE 30, 2023 WITH COMPARISON TO JUNE 30, 2022
<br />General Fund
<br />Budget YTD Available Budget % of Budget Budget YTD Available Budget % of Budget Highlights/Comments
<br />Revenues:
<br />Taxes 3,786,436.00$ 1,997,215.65$ 1,789,220.35$ 52.75%3,392,230.00$ 1,763,861.55$ 1,628,368.45$ 52.00%Tax revenues are paid in 3 instalments (July, October/November and a final settlement in January of the following year)
<br />Licenses 54,880.00$ 9,770.00$ 45,110.00$ 17.80%63,225.00$ 16,336.00$ 46,889.00$ 25.84%Comparable with PY, historically collected in Q2 and Q3 (Hauler, Massage, Tattoo)
<br />Liquor Licenses 47,162.00$ 45,753.00$ 1,409.00$ 97.01%47,730.00$ 45,788.00$ 1,942.00$ 95.93%Comparable with PY, historically collected in Q2 and Q3
<br />Permits 304,360.00$ 243,118.58$ 61,241.42$ 79.88%212,200.00$ 162,889.70$ 49,310.30$ 76.76%Comparable with PY, one large permit current year pulled for Twin Lakes ‐ Eagle Building 51K
<br />Charges for Services 28,639.00$ 17,277.96$ 11,361.04$ 60.33%24,090.00$ 11,558.02$ 12,531.98$ 47.98%Increase in rentals from Ramsey County for the Old Fire Station in 2023
<br />Fines 40,000.00$ 13,923.58$ 26,076.42$ 34.81%44,000.00$ 17,734.19$ 26,265.81$ 40.30%County traffic fines share to the City ‐ This revenue source can fluctuate based on tickets
<br />Intergovernmental Revenue 275,478.00$ 68,794.50$ 206,683.50$ 24.97%287,518.00$ 72,786.50$ 214,731.50$ 25.32%First Distribution of MSA funds, comparable with PY
<br />Investment Income 23,800.00$ ‐$ 23,800.00$ 0.00%36,100.00$ 6,336.48$ 29,763.52$ 17.55%Will be allocated at year end
<br />Miscellaneous 185,265.00$ 43,324.40$ 141,940.60$ 23.39%187,297.00$ 95,545.04$ 91,751.96$ 51.01%Sheriff's credit and Falcon Heights Inspection. 2023 includes 97K passthrough revenue to developer not yet paid. Further Sheriff's
<br />credit 60% less in CY, there might be additional revenues rmitted to City Q3 and Q4.
<br />Transfers In 109,134.00$ ‐$ 109,134.00$ 0.00%106,400.00$ ‐$ 106,400.00$ 0.00%Transfers done at year end
<br />Total Revenues 4,855,154.00$ 2,439,177.67$ 2,415,976.33$ 50.24%4,400,790.00$ 2,192,835.48$ 2,207,954.52$ 49.83%
<br />Expenditures
<br />Mayor & Council 99,589.00$ 51,199.88$ 48,389.12$ 51.41%93,900.00$ 43,176.72$ 50,723.28$ 45.98%
<br />Elections 33,000.00$ 17,440.00$ 15,560.00$ 52.85%33,000.00$ 19,056.12$ 13,943.88$ 57.75%Election Services to Ramsey County ‐ Comparable with PY
<br />Administration 393,558.00$ 135,654.21$ 257,903.79$ 34.47%230,600.00$ 106,330.84$ 124,269.16$ 46.11%Contracted services in 2023 at 12% from budget. 2023 includes 100K of funds that were budgeted for exploring police alternatives. No
<br />funds were spent to date.
<br />Attorney 95,500.00$ 33,965.30$ 61,534.70$ 35.57%95,500.00$ 31,789.75$ 63,710.25$ 33.29%Prosecution retainer and civil retainer ‐ Comparable with PY
<br />Engineer 31,100.00$ 13,533.97$ 17,566.03$ 43.52%28,000.00$ 10,376.64$ 17,623.36$ 37.06%Engineering cost can differ to timing of projects and volume
<br />Planning 190,108.00$ 85,172.90$ 104,935.10$ 44.80%172,120.00$ 68,962.22$ 103,157.78$ 40.07%
<br />Insurance 45,390.00$ 22,695.00$ 22,695.00$ 50.00%38,790.00$ 19,395.00$ 19,395.00$ 50.00%General Liability and Worker's Comp
<br />City Center 38,800.00$ 16,598.55$ 22,201.45$ 42.78%31,700.00$ 14,378.24$ 17,321.76$ 45.36%
<br />Old Fire Hall 10,600.00$ 7,851.35$ 2,748.65$ 74.07%8,400.00$ 4,327.48$ 4,072.52$ 51.52%Replaced Boiler Backflow Preventer in 2023
<br />Police 1,894,299.00$ 927,890.79$ 966,408.21$ 48.98%1,801,685.00$ 881,779.54$ 919,905.46$ 48.94%Ramsey County Sheriff's ‐ Trending within Expectation
<br />Fire Department 523,840.00$ 348,389.50$ 175,450.50$ 66.51%479,185.00$ 316,094.74$ 163,090.26$ 65.97%Q1 and Q2 paid ‐ Trending within Expectation
<br />Fire Marshal 15,950.00$ 8,334.43$ 7,615.57$ 52.25%15,200.00$ 4,609.49$ 10,590.51$ 30.33%Increased fire Inspector hours in 2023
<br />Protective Inspections 282,166.00$ 124,887.17$ 157,278.83$ 44.26%235,030.00$ 113,506.45$ 121,523.55$ 48.29%
<br />Emergency Service/Civil Defense 3,895.00$ 931.65$ 2,963.35$ 23.92%2,910.00$ 224.24$ 2,685.76$ 7.71%Annual fire Extinguisher test not in PY ‐ Allocation change
<br />Animal Control 3,370.00$ 214.00$ 3,156.00$ 6.35%3,370.00$ 245.00$ 3,125.00$ 7.27%
<br />Streets 376,458.00$ 152,408.85$ 224,049.15$ 40.48%341,680.00$ 141,136.78$ 200,543.22$ 41.31%Comparable with prior year. More vehicle repairs and less operating supply in 2023. In 2022 purchased plow blades and Tool Cat Fleil
<br />Mower
<br />Storm Water 19,990.00$ 1,394.23$ 18,595.77$ 6.97%16,490.00$ 6,805.54$ 9,684.46$ 41.27%2022 Ditch Cleanning on Morrison
<br />Street Lighting 71,630.00$ 35,833.01$ 35,796.99$ 50.03%65,300.00$ 29,057.16$ 36,242.84$ 44.50%Electricity cost higher in 2023
<br />Recycling/Sanitation 32,140.00$ 14,722.53$ 17,417.47$ 45.81%31,640.00$ 9,425.00$ 22,215.00$ 29.79%Higher cost in 2023 for Newsletter printing
<br />City Garage 49,669.00$ 27,665.20$ 22,003.80$ 55.70%37,445.00$ 24,465.24$ 12,979.76$ 65.34%
<br />Parks & Recreation 579,338.00$ 253,121.81$ 326,216.19$ 43.69%530,270.00$ 219,491.01$ 310,778.99$ 41.39%Compareble to PY and Budget
<br />Community Partnerships 29,764.00$ 23,213.75$ 6,550.25$ 77.99%30,095.00$ 22,308.66$ 7,786.34$ 74.13%
<br />Shade Trees 20,000.00$ 27,736.44$ (7,736.44)$ 138.68%10,000.00$ 1,800.00$ 8,200.00$ 18.00%More than anticipated EAB trees in 2023 than budgeted
<br />Transfers Out ‐$ ‐$ #DIV/0!‐$ ‐$ #DIV/0!
<br />Contingency 15,000.00$ ‐$ 15,000.00$ 0.00%68,480.00$ ‐$ 68,480.00$ 0.00%
<br />Total Expenditures 4,855,154.00$ 2,330,854.52$ 2,524,299.48$ 48.01%4,400,790.00$ 2,088,741.86$ 2,312,048.14$ 47.46%
<br />2023 2022
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