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City of Lino Lakes
<br />Storm Water Fund Budget to Actual (Unaudited)
<br />For the Quarter Ended June 30, 2025
<br />Budget Actuals Prior Year Variance -
<br />Annual Thru Thru Thru Favorable
<br />Budget 06/30/2025 06/30/2025 06/30/2024 (Unfavorable)
<br />Revenues
<br />Interest On Investments 3,000$ 1,500$ 6,099$ 4,884$ 1,215$
<br />Change in FV of Investments - - 7,303 1,988 5,315
<br />Penalty 10,000 5,000 3,454 5,828 (2,374)
<br />Storm Water Utility 541,540 270,770 314,111 312,208 1,903
<br /> Total Revenues 554,540 277,270 330,967 324,908 6,059
<br />Expenditures
<br />Personal Services 211,693 105,847 97,725 94,788 (2,937)
<br />Supplies 24,000 12,000 2,928 604 (2,324)
<br />Services & Charges 48,905 24,453 12,845 10,429 (2,416)
<br />Contractual Services 227,500 113,750 89,178 (4,190) (93,368) (A)
<br />Capital Outlay - - - - -
<br /> Total Expenditures 512,098 256,049 202,676 101,631 (101,045)
<br />Revenues Over
<br />(Under) Expenditures 42,442$ 21,221$ 128,291$ 223,277$ (94,986)$
<br />Item Explanation of items with variance greater than $20,000
<br />(A) Annual Surface Water Management Projects in 2025, Negative expense in 2024 due to reversal of 2023 Surface Water
<br />Management Project retainage at 12/31/2023 that had yet to be paid to the contractor in 2024.
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