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CITY OF LITTLE CANADAGENERAL FUND QUARTERLY FINANCIAL REPORTTHROUGH SEPTEMBER 30, 2025 WITH COMPARISON TO SEPTEMBER 30, 2024General FundBudget YTD % of Budget Budget YTD % of BudgetHighlights/CommentsRevenues:Taxes 4,424,524 2,284,255 51.63% 4,088,523 1,979,285 48.41%Tax revenues are paid in 3 instalments (June/ July, October/November and a final settlement in January of the following year)Licenses 58,600 45,625 77.86% 54,500 36,495 66.96%Comparable with PY, historically collected in Q2 and Q3Liquor Licenses 46,500 43,845 94.29% 47,000 46,727 99.42%One license is paying monthly rather than in full.Permits 321,195 683,680 212.86% 315,962 381,954 120.89%One large permit for RIDE Appartments building permit Charges for Services 30,804 27,961 90.77% 30,804 27,551 89.44%Comparable with PY. Variance due to timing of collection and rental.Fines 37,000 19,780 53.46% 42,000 22,499 53.57%County Fines. This revenue can very. Budget is an estimate based on historical trendsIntergovernmental Revenue 422,267 246,330 58.34% 404,136 231,556 57.30%First Distribution of MSA funds and LGA advance beginning with 2025. Investment Income 41,966 0 0.00% 34,000 0 0.00%Will be allocated at year endMiscellaneous 173,505 45,916 26.46% 642,755 89,599 13.94% Falcon Heights Inspection reimbursements. Sherifs credit anticipated in Q3 and Q4. 2024 Budget also includes the one time Police Aid for $471,111. This revenue was collected in 2023 Q4.Transfers In 80,155 - 0.00% 98,155 - 0.00%Transfers done at year endTotal Revenues 5,636,516 3,397,393 60.27% 5,757,835 2,815,667 48.90%ExpendituresMayor & Council 115,855 85,307 73.63% 108,280 82,523 76.21%Comparable with PY, within expectationsElections 35,030 26,865 76.69% 33,000 25,702 77.88%Comparable with PY, within expectationsAdministration 493,039 353,644 71.73% 552,227 310,326 56.20%2024 budget included 100K for police contacted services for exploring police models not spent. In addition 2025 inccured unbudgeted expenditures for City Administrator Search Consultant Attorney 119,750 61,903 51.69% 101,000 52,080 51.56%Comparable with PY, within expectationsEngineer 37,350 27,294 73.08% 34,850 18,112 51.97%Timing of Engineering Cost can vary based on timing of projects and needed servicesPlanning 232,622 191,288 82.23% 192,229 114,486 59.56%Hired new Buiding Inspector (Kade) this was unbudgeted and relates to Steve's Westerhause Phase RetirementInsurance 51,150 38,363 75.00% 51,149 39,195 76.63%Comparable with PY, within expectations. City Center 57,703 28,801 49.91% 37,704 24,443 64.83%Comparable with PY, within expectations. Current Year budget includes 20K for project management position. This position has not been hiredOld Fire Hall 12,882 10,966 85.12% 12,562 7,590 60.42%CY inclues door repairs and lock replacementPolice 2,283,604 1,630,883 71.42% 2,518,703 1,529,162 60.71% Trending within Expectation. The 2024 Budget also includes the Police Aid 471KFire Department 602,768 522,507 86.68% 555,958 497,847 89.55%Comparable with PY, within expectationsFire Marshal 26,250 10,773 41.04% 16,430 13,654 83.10%No Fire Inspector in 2025 in Q1Protective Inspections 342,205 270,266 78.98% 284,520 232,242 81.63%Comparable with PY, within expectationsEmergency Service/Civil Defense 3,895 763 19.60% 3,895 308 7.92%Comparable with PY, within expectationsAnimal Control 3,370 317 9.41% 3,370 753 22.34%Comparable with PY, within expectationsStreets 382,179 219,826 57.52% 381,550 240,089 62.92%Savings due to one employee on STDStorm Water 0 2,325 #DIV/0! 0 2,006 #DIV/0!Comparable with PY, within expectationsStreet Lighting 71,630 47,481 66.29% 71,630 48,480 67.68%Comparable with PY, within expectationsRecycling/Sanitation 33,245 24,119 72.55% 36,390 23,830 65.48%Comparable with PY, within expectationsCity Garage 55,600 39,671 71.35% 52,060 36,434 69.98%Comparable with PY, within expectationsParks & Recreation 678,685 523,493 77.13% 722,293 440,587 61.00%Comparable with PY, within expectationsCommunity Partnerships 32,704 28,628 87.54% 33,035 26,566 80.42%Comparable with PY, within expectationsShade Trees 50,000 18,822 37.64% 40,000 10,683 26.71%Comparable with PY, within expectationsTransfers Out 0 776,493 #DIV/0! 0 0 #DIV/0!750K Fund Balance Transfer to the General Capital Improvement Fund 400 and 26K for the new Inspoection Vehicle alos used General Fund to pay in the 400 FundContingency 15,000 - 0.00% 15,000 - 0.00%Total Expenditures 5,736,516 4,940,798 86.13% 5,857,835 3,777,098 64.48%Rev. over/(under) expenditures (100,000) (1,543,405) (100,000) (961,432) 2025 2024
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