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CITY OF LITTLE CANADAGENERAL FUND QUARTERLY FINANCIAL REPORTTHROUGH SEPTEMBER 30, 2023 WITH COMPARISON TO SEPTEMBER 30, 2022General FundBudgetYTD Available Budget % of Budget BudgetYTD Available Budget % of BudgetHighlights/CommentsRevenues:Taxes3,786,436.00$ 1,990,798.47$ 1,795,637.53$ 52.58% 3,392,230.00$ 1,774,001.36$ 1,618,228.64$ 52.30%Licenses54,880.00$ 33,265.00$ 21,615.00$ 60.61%63,225.00$ 40,243.00$ 22,982.00$ 63.65%Liquor Licenses47,162.00$ 45,823.00$ 1,339.00$ 97.16%47,730.00$ 45,823.00$ 1,907.00$ 96.00%Permits304,360.00$ 452,496.63$ (148,136.63)$ 148.67% 212,200.00$ 379,194.99$ (166,994.99)$ 178.70%Charges for Services28,639.00$ 27,558.46$ 1,080.54$ 96.23%24,090.00$ 16,424.08$ 7,665.92$ 68.18%Fines40,000.00$ 21,771.15$ 18,228.85$ 54.43% 44,000.00$ 26,899.52$ 17,100.48$ 61.14%Intergovernmental Revenu275,478.00$ 240,381.30$ 35,096.70$ 87.26% 287,518.00$ 260,707.62$ 26,810.38$ 90.68%Investment Income23,800.00$ ‐$ 23,800.00$ 0.00%36,100.00$ 6,336.48$ 29,763.52$ 17.55%Miscellaneous185,265.00$ 118,421.30$ 66,843.70$ 63.92% 187,297.00$ 124,387.68$ 62,909.32$ 66.41%Transfers In109,134.00$ ‐$ 109,134.00$ 0.00% 106,400.00$ ‐$ 106,400.00$ 0.00%Total Revenues4,855,154.00$ 2,930,515.31$ 1,924,638.69$ 60.36% 4,400,790.00$ 2,674,017.73$ 1,726,772.27$ 60.76%ExpendituresMayor & Council99,589.00$ 84,172.84$ 15,416.16$ 84.52%93,900.00$ 64,144.99$ 29,755.01$ 68.31%Elections33,000.00$ 24,390.00$ 8,610.00$ 73.91%33,000.00$ 26,006.12$ 6,993.88$ 78.81%Administration393,558.00$ 209,249.80$ 184,308.20$ 53.17% 230,600.00$ 174,523.63$ 56,076.37$ 75.68%Attorney95,500.00$ 55,851.08$ 39,648.92$ 58.48%95,500.00$ 52,237.86$ 43,262.14$ 54.70%Engineer31,100.00$ 20,446.47$ 10,653.53$ 65.74%28,000.00$ 23,366.64$ 4,633.36$ 83.45%Planning190,108.00$ 126,459.56$ 63,648.44$ 66.52% 172,120.00$ 103,479.72$ 68,640.28$ 60.12%Insurance45,390.00$ 22,695.00$ 22,695.00$ 50.00% 38,790.00$ 29,092.50$ 9,697.50$ 75.00%City Center38,800.00$ 23,890.45$ 14,909.55$ 61.57%31,700.00$ 20,831.75$ 10,868.25$ 65.72%Old Fire Hall10,600.00$ 9,818.81$ 781.19$ 92.63%8,400.00$ 5,969.05$ 2,430.95$ 71.06%Police 1,894,299.00$ 1,388,457.03$ 505,841.97$ 73.30% 1,801,685.00$ 1,325,950.00$ 475,735.00$ 73.59%Fire Department523,840.00$ 464,187.00$ 59,653.00$ 88.61% 479,185.00$ 421,728.03$ 57,456.97$ 88.01%Fire Marshal15,950.00$ 10,896.01$ 5,053.99$ 68.31%15,200.00$ 7,418.90$ 7,781.10$ 48.81%Protective Inspections 282,166.00$ 195,754.47$ 86,411.53$ 69.38% 235,030.00$ 178,633.26$ 56,396.74$ 76.00%Emergency Service/Civil De3,895.00$ 2,382.57$ 1,512.43$ 61.17%2,910.00$ 567.25$ 2,342.75$ 19.49%Animal Control3,370.00$ 214.00$ 3,156.00$ 6.35%3,370.00$ 1,018.00$ 2,352.00$ 30.21%Streets376,458.00$ 267,114.63$ 109,343.37$ 70.95% 341,680.00$ 210,445.81$ 131,234.19$ 61.59%Storm Water19,990.00$ 6,421.07$ 13,568.93$ 32.12%16,490.00$ 7,063.35$ 9,426.65$ 42.83%Street Lighting71,630.00$ 54,823.35$ 16,806.65$ 76.54%65,300.00$ 46,938.03$ 18,361.97$ 71.88%Recycling/Sanitation32,140.00$ 21,563.15$ 10,576.85$ 67.09%31,640.00$ 14,606.89$ 17,033.11$ 46.17%City Garage49,669.00$ 37,193.95$ 12,475.05$ 74.88%37,445.00$ 34,250.47$ 3,194.53$ 91.47%Parks & Recreation579,338.00$ 410,614.02$ 168,723.98$ 70.88% 530,270.00$ 393,734.80$ 136,535.20$ 74.25%Community Partnerships 29,764.00$ 23,708.39$ 6,055.61$ 79.65%30,095.00$ 22,308.66$ 7,786.34$ 74.13%Shade Trees20,000.00$ 42,800.44$ (22,800.44)$ 214.00%10,000.00$ 4,250.00$ 5,750.00$ 42.50%Tax revenues are paid in 3 installments (June, October/November and a final settlement in January of the following year) Comparable with PY, historically collected in Q2 and Q3 (Hauler, Massage, Tattoo)Comparable with PY, historically collected in Q2 and Q3One large permit current year pulled for Twin Lakes ‐ Eagle Building 51K and increase in other permits due to PY storms Increase in rentals from Ramsey County for the Old Fire Station in 2023 and County traffic fines share to the City ‐ This revenue source can fluctuate based on ticketsFirst Distribution of MSA funds, comparable with PYWill be allocated at year endSheriff's credit and Falcon Heights Inspection.Transfers done at year endAdditional Operating Supplies (business cards for new members), Begin Contracting for Council Meeting Minutes Contracted Services (Not budgeted)Election Services to Ramsey County ‐ Comparable with PYContracted services in 2023 at 15% from budget. 2023 includes 100K of funds that were budgeted for exploring police alternatives. No funds were spent to date.Prosecution retainer and civil retainer ‐ Comparable with PYEngineering cost can differ to timing of projects and volumeGeneral Liability and Worker's CompReplaced Boiler Backflow Preventer in 2023Ramsey County Sheriff's ‐ Trending within ExpectationQ1 ‐ Q4 paid ‐ Trending within ExpectationIncreased fire Inspector hours in 2023Annual fire Extinguisher test not in PY and Siren Repair in September for $1,300Comparable with prior year. More vehicle repairs and less operating supply in 2023. In 2022 purchased plow blades and Tool Cat Fleil Mower2022 Ditch Cleaning on MorrisonElectricity cost higher in 2023Higher cost in 2023 for Newsletter printingComparable to PY and BudgetMore than anticipated EAB trees in 2023 than budgetedTransfers Out‐$ ‐$ #DIV/0!‐$ ‐$ #DIV/0!Contingency15,000.00$ ‐$ 15,000.00$ 0.00%68,480.00$ ‐$ 68,480.00$ 0.00%Total Expenditures4,855,154.00$ 3,503,104.09$ 1,352,049.91$ 72.15% 4,400,790.00$ 3,168,565.71$ 1,232,224.29$ 72.00%Rev. over/(under) expenditu‐$ (572,588.78)$ ‐$ (494,547.98)$ 20232022
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