11-14-2022 City Council Packet - Laserfiche WebLink

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Revenues Interest On Investments Penalty Storm Water Utility Total Revenues Expenditures Personal Services Supplies Services & Charges Contractual Services Capital Outlay Total Expenditures Revenues Over (Under) Expenditures City of Lino Lakes Storm Water Fund Budget to Actual (Unaudited) For the Quarter Ended September 30, 2022 Budget Actuals Prior Year Variance - Annual Thru Thru Thru Favorable Budget 09/30/2022 09/30/2022 09/30/2021 (Unfavorable) $ - $ - $ (3,125) $ - $ (3,125) - - 3,564 - 3,564 583,000 437,250 366,429 - 366,429 (1) 583,000 437,250 366,868 - 366,868 188,043 141,032 85,156 - (85,156) (2) 24,000 18,000 11,467 - (11,467) 63,877 47,908 22,691 - (22,691) (3) 238,493 178,870 11,794 - (11,794) 68,587 51,440 - - - 583,000 437,250 131,108 - (131,108) $ - $ - $ 235,760 $ - $ 235,760 Item Explanation of items with variance greater than $20,000 (1) In 2022 the City Council approved the establishment of a Storm Water Utility to fund the operation and management of the City's Storm Water Infrastructure. The fee for single family residential is $12 per quarter. The fee for multi -family residential, commercial, institutional, and industrial properties is $175 per acre of impervious per quarter. Residents currently not connected to city water and sewer received an annual storm water utility bill due in May 2022. (2) A General Maintenance Worker was budgeted for the full year, but not hired until July 2022. Other city staff are partially allocated to the fund resulting in additional 0.75 full-time equivalent. (3) Contractual services is primarily driven by engineering services and IT services & support. 8