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City of Lino Lakes <br />Rookery Activity Center Fund Budget to Actual (Unaudited) <br />For the Quarter Ended March 31, 2024 Percent <br />Received or <br />Expended <br />Budget Actuals Variance - Based on <br />Annual Thru Thru Favorable Budget Thru <br />Budget 03/31/2024 03/31/2024 (Unfavorable) 03/31/2024 <br />Revenues <br />Property Taxes 500,000$ 125,000$ -$ (125,000)$ *- % <br />Charges For Services 1,366,820 341,705 379,837 38,132 111.2 <br />Investment Income - - 655 655 - <br />Miscellaneous Revenue 95,100 23,775 20,073 (3,702) 84.4 <br /> Total Revenues 1,961,920 490,480 400,564 (89,916) 81.7 <br />Expenditures <br />Personal Services 1,291,354 322,839 273,910 48,928 84.8 <br />Supplies 98,862 24,716 16,476 8,240 66.7 <br />Services & Charges 307,108 76,777 86,740 (9,963) 113.0 <br />Contractual Services 253,330 63,333 45,954 17,379 (1)72.6 <br /> Total Expenditures 1,950,654 487,664 423,080 64,584 86.8 <br />Revenues Over <br />(Under) Expenditures 11,266$ 2,817$ (22,515)$ (25,332)$ <br />* Property tax settlements are received from Anoka County in July (with 70% advance in June) and December. <br />Item Explanation of items with variance greater than $15,000 and percentage less than 80% or greater than 120% <br />(1) Favorable variance primarily a result of fees due to Endurance Fitness in accordance with the Professional Management Services <br />Agreement. The monthly fee is remitted within the applicable month, but the quarterly fee is remitted within 45 day of quarter end <br />(timing difference). The quarterly fee accounts for revenue sharing of personal training and spinning classes. <br />65