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City of Lino Lakes
<br />Rookery Activity Center Fund Budget to Actual (Unaudited)
<br />For the Quarter Ended June 30, 2024
<br />Revenues
<br />Property Taxes
<br />Intergovernmental Revenues
<br />Charges For Services
<br />Investment Income
<br />Miscellaneous Revenue
<br />Total Revenues
<br />Expenditures
<br />Personal Services
<br />Supplies
<br />Services & Charges
<br />Contractual Services
<br />Total Expenditures
<br />Revenues Over
<br />(Under) Expenditures
<br />Budget
<br />Actuals
<br />Variance -
<br />Annual
<br />Thru
<br />Thru
<br />Favorable
<br />Budget
<br />06/30/2024
<br />06/30/2024
<br />(Unfavorable)
<br />$ 500,000
<br />$ 250,000
<br />$ 250,000
<br />$ -
<br />-
<br />-
<br />8,825
<br />8,825
<br />1,366,820
<br />683,410
<br />710,971
<br />27,561
<br />-
<br />-
<br />1,876
<br />1,876
<br />95,100
<br />47,550
<br />33,655
<br />(13,895)
<br />1,961,920
<br />980,960
<br />1,005,327
<br />24,367
<br />1,291,354
<br />645,677
<br />539,476
<br />106,201
<br />98,862
<br />49,431
<br />40,461
<br />8,970
<br />307,108
<br />153,554
<br />158,684
<br />(5,130)
<br />253,330
<br />126,665
<br />95,899
<br />30,766 (1)
<br />1,950,654
<br />975,327
<br />834,519
<br />140,808
<br />$ 11,266
<br />$ 5,633
<br />$ 170,808
<br />$ 165,175
<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 />Percent
<br />Received or
<br />Expended
<br />Based on
<br />Budget Thru
<br />nK/1nnr»d
<br />100.0 %
<br />104.0
<br />7n f2
<br />83.6
<br />81.9
<br />103.3
<br />75 7
<br />X,n
<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 />The quarterly fee accounts for revenue sharing of personal training and spinning classes. Those revenues are under budget, thus
<br />the quarterly remittance is also under budget.
<br />6
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