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HomeMy WebLinkAbout#03 - 3rd Quarter Financials STAFF REPORT DATE: November 17, 2020 TO: Mayor and Council FROM: Kristina Handt, City Administrator AGENDA ITEM: 3rd Quarter Financial Reports BACKGROUND: Staff has prepared the 3rd Quarter Financial Reports for review by the Finance Committee at their November 17th meeting. ISSUE BEFORE THE FINANCE COMMITTEE: 1) Does the Council have any questions regarding the 3rd Quarter Financial Reports? DISCUSSION: The Budget vs. Actual for 3rd quarter 2020 is attached with explanations alongside line items to explain variances from the budget. This format aligns with the budget worksheets used during the 2020 budget cycle. Property tax revenues are slightly less than 50% this is due to the reporting error discovered in August. Had the fiscal disparities not been deducted twice, the tax collection would have been over 50% at this point. The expectation now is that the city collects about $250,000 less than budgeted. Licenses and Permits, Charges for Services and Miscellaneous revenues are at where we would expect these categories to be with some line items below and others above 75%. Fines and forefeitures are below expectations and interest income will be allocated at the end of the year. Water and Sewer bills were mailed the third week of October so that’s why revenues appear off (timing issue). Expenditures reflect a combination of ongoing expenses and items that are one-time payments per year. Administration department budget is expected to be over for the year due to pay rate changes in the deputy clerk position (these will be adjusted to reflect the accurate dept), higher legal fees, and the sanctuary outlot purchase which will eventually be reimbursed by the HOA but may not occur before the end of the year. The Finance department budget is expected to come in under budget given the absence of a finance director for most of the year. Contracted services is expected to pick up toward the end of the year and beginning of 2021 due to the director position still being vacant. The Planning department budget is expected to come in slightly under budget due to the absence of a permit technician for a number of months this year. The City Hall budget should come in on budget once the allocations to the building department are made at the end of the year. The Fire department budget is expected to come in on budget. Underspending on personnel due to vacancies will be offset by the increased cost of equipment repairs. The Building Inspections department budget is expected to be exceed by nearly $400,000. The savings in vacant staff positions is significantly less than the cost of a contractor. However, year to date (9/30) our revenues were twice the expenses. We will continue to work to identify overhead costs that should be allocated to the building department. For example, the deputy clerk spent nearly all of her time doing the permit tech job in the absence of that position being filled. The city clerk also spent more time assisting the building department this year. The Streets department is expected to come in slightly under budget due to purchasing less salt and favorable bids on street maintenance. The Parks budget is expected to come in under budget due to less staff being spent in this area than previously budgeted. WAC, SAC and connection charges will exceed budget for 2020. Half of the Continental apartment buildings were permitted in early October. The other half may come this year or in 2021. As noted, the 3rd quarter billings did not get sent out until the second and third week of October due to the vacancy in the utility billing clerk position. Overall water and sewer expenses are expected to come in under budget as overages in some operating categories are offset by personnel expense reductions. The Brookfield fund is performing better than expected to due increased rents and less than expected operating costs. Also includes is a summary of the investment portfolio through September 30, 2020. FISCAL IMPACT: N/A RECOMMENDATION: If removed from consent agenda: Motion to accept of the 3rd Quarter Financial Reports. ATTACHMENTS: 1) 3rd Quarter Budget-to-Actual Reports 2) Investment Portfolio Summary CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 1 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Account Number Description General Fund Revenues: Taxes 101-410-1320-31010 Current Ad Valorem Taxes 3,537,317$ 1,684,468 47.62%Recipts in July/Dec 101-410-1320-31020 Delinquent Ad Valorem Taxes 15,000 16,870 112.47% 101-410-1320-31030 Mobile Home Tax 15,000 2,916 19.44% 101-410-1320-31040 Fiscal Disparities 249,327 137,445 55.13% 101-410-1320-31045 Delinquent Fiscal Disparities 0 101-410-1320-31050 Tax Abatement 0 101-410-1320-31520 30% Rental - County 0 101-410-1320-31910 Penalty & Interest on Taxes 500 833 166.60% 101-410-1320-31920 Forfeited Tax Sale Apportionment - 0 Total Taxes 3,817,144$ 1,842,532 48.27% Licenses and Permits 101-410-1320-32110 Liquor License 8,300 3,100 37.35%Reciept 4th Qtr 101-410-1320-32180 Wastehauler License 625 120 19.20% 101-410-1320-32181 General Contractor License 150 100 66.67% 101-410-1320-32183 Heating Contractor License 101-410-1320-32184 Blacktopping Contractor License 101-420-2400-32210 Building Permits 800,000 687,650 85.96% 101-430-3100-32211 Driveway Permits 10,000 10,755 107.55% 101-420-2400-32212 Fireplace Permits 16,000 12,840 80.25% 101-420-2400-32220 Heating Permits 60,000 51,676 86.13% 101-420-2400-32230 Plumbing Permits 60,000 67,054 111.76% 101-420-2400-32232 Pool Permits 1,000 1,725 172.50% 101-420-2400-32213 Siding Permits 12,500 2,949 23.59% 101-420-2400-32214 Roof Permits 50,000 13,388 26.78% 101-430-3100-32250 Utility Permits 27,000 17,481 64.74% 101-420-2220-32260 Burning Permit 1,700 1,085 63.82% 101-410-1320-32270 Massage Therapy Licenses 100 0.00% 101-420-2400-32275 Fire Suppression Permits 2,500 1,714 68.56% 101-420-2400-32278 Fire Permit Plan Check Fee 1,500 0.00% 101-410-1320-32281 Golf Cart Operation Permit 30 101-410-1320-32282 Miscellaneous Permits - 150 101-410-1910-32282 Miscellaneous Permits 101-420-2400-32282 Miscellaneous Permits - 100 Total Licenses and Permits 1,051,375$ 871,917 82.93% Intergovernmental 101-430-3100-33418 MSA - Maintenance 158,582 173,566 109.45%Jan/July reciept 101-410-1320-33402 Market Value Credit-Ag 101-410-1320-33403 Ag Reserve Credit 101-420-2220-33420 State Fire Aid 64,000 0.00%Nov receipt 101-410-1320-33422 PERA Aid - 101-410-1930-33426 Miscellaneous State Grants 101-430-3100-33630 Miscellaneous State Grants 5,000 0.00% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 2 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-420-2220-33426 Miscellaneous State Grants 5,858 101-450-5200-33426 Miscellaneous State Grants 4,820 3,192 66.22%July reciept 101-410-1320-33623 Payment in Lieu of Taxes 33,428 32,773 98.04%Dec receipt-received 2019 in 2020 101-430-3100-33630 Grant Revnue 101-420-2220-33525 Other County Grants and Aids 101-410-1320-33521 Recycling Grant 16,000 0.00% Total Intergovernmental 281,830$ 215,389 76.43% Charges for Services 101-410-1910-34103 Zoning & Subdivision Fees 45,000 45,365 100.81% 101-420-2400-34104 Plan Check Fees 525,000 414,351 78.92% 101-410-1320-34105 Sale of Copies, Books, Maps 50 0.00% 101-410-1520-34107 Assessment Searches 1,400 1,365 97.50% 101-420-2400-34207 Building Code Surcharges 8,364 101-410-1450-34111 Cable Operation Reimbursement 5,000 0.00% 101-420-2400-34112 Planning & Zoning Review Fee 25,000 22,700 90.80% 101-430-3100-34114 Street Light Fee 1,500 3,822 254.80% 101-410-1910-34115 Base Map Upgrading Fee 3,000 6,775 225.83% 101-420-2400-34203 Day Care Inspections 101-410-1910-36206 Escrow Administration Fee 25,000 25,300 101.20% Total Charges for Services 630,950$ 528,042 83.69% Fines and Forfeits 101-420-2100-35100 Fines 50,000 19,754 39.51% 101-420-2100-35130 Forfeitures Total Fines and Forfeits 50,000$ 19,754 39.51% Investment Earnings 101-410-1320-36210 Interest Earnings 80,000 0.00%allocated end of year Total Investment Earnings 80,000$ 0.00% Miscellaneous 101-410-1320-31811 Cable Franchise Revenue 100,000 94,841 94.84% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 3 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-410-1320-36100 Special Assesments 101-410-1320-36200 Miscellaneous Revenue 3,000 339 11.30% 101-420-2220-36200 Miscellaneous Revenue 598 101-430-3100-36200 Miscellaneous Revenue 20,954 Denmark Township Payment 101-410-1910-36200 Miscellaneous Revenue 28,000 14,700 52.50%AUAR fee for Legacy 101-410-1320-36207 MCMA Grant 3,500 0.00%Dec receipt 101-410-1910-36236 Conservation Easement Fee - 101-420-2220-36204 Reimbursements - Fire 4,920 0.00% 101-420-2220-36230 Donations-Fire 101-410-1320-36230 Donations 10,000 14,100 141.00% 101-410-1320-34120 Tower Rent 110,311 84,527 76.63% Total Miscellaneous 259,731$ 230,059 88.58% Prior Period Adjustments Total General Fund Revenues:6,171,030$ 3,707,693 60.08% General Fund Expenditures: 1110 Mayor & Council Personnel 101-410-1110-41030 Part-time Salaries 25,690 12,845 50.00%June/Dec payments 101-410-1110-41220 FICA Contributions 1,593 796 49.97% 101-410-1110-41230 Medicare Contributions 373 186 49.87% 101-410-1110-41510 Workers Compensation 130 134 103.08% Total Personnel 27,786$ 13,961 50.24% Materials and Supplies 101-410-1110-42000 Office Supplies 125 6 4.80% 101-410-1110-42001 Computer Reimbursement - 101-410-1110-43310 Mileage 300 0.00% 101-410-1110-43185 IT Support 1,211 901 74.40% 101-410-1110-42002 IT Hardware 101-410-1110-43190 Software Programs - Total Materials and Supplies 1,636$ 907 55.44% Charges and Services 101-410-1110-44300 Miscellaneous 7,140 5,291 74.10%YSB 101-410-1110-44330 Dues & Subscriptions 15,000 3,914 26.09% 101-410-1110-44370 Conferences & Training 1,000 0.00% Total Charges and Services 23,140$ 9,205 39.78% 1110 Total Mayor & Council 52,562$ 24,073 45.80% 1320 Administration Personnel 101-410-1320-41010 Full-time Salaries 169,642 190,187 112.11%misallocation of deputy clerk/new deputy clerk 101-410-1320-41030 Part-time Salaries 101-410-1320-41020 Overtime 101-410-1320-41040 Temporary Employees 7,000 0.00%intern started in Oct CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 4 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-410-1320-41210 PERA Contributions 14,324 15,005 104.75% 101-410-1320-41216 MSRS Contributions -City Admin 1,601 0.00% 101-410-1320-41220 FICA Contributions 12,978 11,760 90.61% 101-410-1320-41230 Medicare Contributions 2,750 101-410-1320-41300 Insurance 29,723 25,815 86.85% 101-410-1320-41325 Life Insurance 354 112 31.64% 101-410-1320-41330 STD/LTD 1,234 908 73.58% 101-410-1320-41420 Unemployment Benefits 101-410-1320-41510 Workers Compensation 1,846 1,912 103.57% Total Personnel 238,702$ 248,449 104.08% Materials and Supplies 101-410-1320-42000 Office Supplies 4,250 1,491 35.08% 101-410-1320-42030 Printed Forms 100 0.00% 101-410-1320-43090 Newsletter/Website - Total Materials and Supplies 4,350$ 1,491 34.28% Charges and Services 101-410-1320-43100 Assessing Services 88,750 91,773 103.41%paid for year 101-410-1320-43040 Legal Services 87,500 83,830 95.81%Bus Fac CUP 101-410-1320-43150 Contract Services 3,193 542 16.97% 101-410-1320-43180 Information Technology/Web 101-410-1320-43185 IT Support 6,682 5,468 81.83% 101-410-1320-42002 IT Hardware 1,500 568 37.87% 101-410-1320-43190 Software Programs 2,309 0.00% 101-410-1320-43210 Telephone 2,586 573 22.16% 101-410-1320-43220 Postage 2,000 2,517 125.85%additional mailings due to covid 101-410-1320-43310 Mileage 1,100 32 2.91% 101-410-1320-43510 Legal Publishing 10,200 5,588 54.78% 101-410-1320-43610 Insurance 39,214 40,970 104.48%paid for year 101-410-1320-44330 Dues & Subscriptions 2,060 1,731 84.03%paid for year 101-410-1320-44370 Conferences & Training 5,000 0.00% 101-410-1320-44371 Allocation to Building Inspections (2,715) 0.00%allocate end of year Total Charges and Services 249,379$ 233,592 93.67% Miscellaneous 101-410-1320-44300 Miscellaneous 1,500 8,460 563.89%Sanctuary Outlot F purchase Total Miscellaneous 1,500$ 8,460 563.89% 1320 Total Administration 493,931$ 491,992 99.61% 1410 Elections Personnel 101-410-1410-41030 Part-time Salaries 7,250 1,973 27.21% 101-410-1410-41510 Workers Compensation - Total Personnel 7,250$ 1,973 27.21% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 5 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Charges and Services 101-410-1410-43310 Travel Expense 50 0.00% 101-410-1410-43510 Legal Notices Publishing 71 101-410-1410-43150 Contract Services 2,000 1,660 83.00% Total Charges and Services 2,050$ 0.00% Capital Outlay 101-480-8000-45800 Other Equipment - Total Capital Outlay -$ Miscellaneous 101-410-1410-44300 Miscellaneous 700 580 82.86% Total Miscellaneous 700$ 0.00% 1410 Total Elections 10,000$ 1,973 19.73% 1450 Communications Personnel 101-410-1450-41010 Full-time Salaries 25,775 18,461 71.62% 101-410-1450-41030 Part-time Salaries 101-410-1450-41020 Overtime 101-410-1450-41040 Temporary Employees 101-410-1450-41210 PERA Contributions 1,933 1,482 76.67% 101-410-1450-41220 FICA Contributions 1,972 1,225 62.12% 101-410-1450-41230 Medicare Contributions 286 101-410-1450-41300 Insurance 6,287 1,911 30.40% 101-410-1450-41325 Life Insurance 65 9 13.85% 101-410-1450-41330 STD/LTD 162 48 29.63% 101-410-1450-41510 Workers Compensation 306 279 91.12% Total Personnel 36,500$ 23,701 64.93% Charges and Services 101-410-1450-43090 Newsletter 1,100 553 50.27% 101-410-1450-43180 Information Technology/Web 2,000 1,600 80.00% 101-410-1450-43185 IT Support 535 438 81.87% 101-410-1450-42002 IT Hardware 101-410-1450-43190 Software Programs 101-410-1450-43210 Telephone 101-410-1450-43220 Postage 1,500 0.00% 101-410-1450-43310 Mileage 101-410-1450-43510 Public Notices 101-410-1450-43152 Cable Operations 5,000 2,580 51.60% 101-410-1450-44370 Conferences and Training 500 0.00% Total Charges and Services 10,635$ 5,171 48.62% 1450 Total Communications 47,135$ 28,872 61.25% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 6 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 1520 Finance Personnel 101-410-1520-41010 Full-time Salaries 71,821 8,982 12.51%No Finance Director since Jan. 101-410-1520-41030 Part-time Salaries 101-410-1520-41020 Overtime 101-410-1520-41040 Temporary Employees 6,963 0.00%no intern this year 101-410-1520-41210 PERA Contributions 5,387 915 16.99% 101-410-1520-41220 FICA Contributions 6,027 707 11.73% 101-410-1520-41230 Medicare Contributions 0 101-410-1520-41300 Insurance 10,863 4,900 45.11% 101-410-1520-41325 Life Insurance 129 9 6.98% 101-410-1520-41330 STD/LTD 657 45 6.85% 101-410-1520-41420 Unemployment Benefits 101-410-1520-41510 Workers Compensation 864 851 98.53% Total Personnel 102,710$ 16,409 15.98% Materials and Supplies 101-410-1520-42000 Office Supplies 800 240 30.00% 101-410-1520-42030 Printed Forms 1,000 0.00% Total Materials and Supplies 1,800$ 240 13.33% Charges and Services 101-410-1520-43010 Audit Services 7,987 9,105 114.00%paid for year- additional je 101-410-1520-43150 Contract Services 3,060 23,755 776.31%contracted finance director for audit misc, recruitment 101-410-1520-43185 IT Support 3,779 3,092 81.82% 101-410-1520-42002 IT Hardware - 101-410-1520-43190 Software Programs 2,834 2,802 98.87% 101-410-1520-43210 Telephone 595 0.00% 101-410-1520-43310 Mileage 500 0.00% 101-410-1520-44330 Dues & Subscriptions 2,100 650 30.95% 101-410-1520-44370 Conferences & Training 3,000 0.00% 101-410-1520-44371 Allocation to Building Inspections (1,959) 0.00%will allocate end of year Total Charges and Services 21,896$ 39,404 179.96% Miscellaneous 101-410-1520-44300 Miscellaneous 4,750 931 19.60% Total Miscellaneous 4,750$ 0.00% 1520 Total Finance 131,157$ 56,053 42.74% 1910 Planning & Zoning Personnel 101-410-1910-41010 Full-time Salaries 160,011 107,706 67.31% 101-410-1910-41030 Part-time Salaries 101-410-1910-41020 Overtime 101-410-1910-41040 Temporary Employees 6,963 5,915 84.95% 101-410-1910-41210 PERA Contributions 12,001 8,619 71.82% 101-410-1910-41220 FICA Contributions 12,774 7,455 58.36% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 7 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-410-1910-41230 Medicare Contributions 1,743 101-410-1910-41300 Insurance 29,322 14,824 50.56% 101-410-1910-41325 Life Insurance 297 40 13.47% 101-410-1910-41330 STD/LTD 829 618 74.55% 101-410-1910-41510 Workers Compensation 1,308 1,581 120.87% Total Personnel 223,505$ 148,501 66.44% Materials and Supplies 101-410-1910-42000 Office Supplies 200 96 48.00% 101-410-1910-42030 Printed Forms - Total Materials and Supplies 200$ 0.00% Charges and Services 101-410-1910-43020 Comprehensive Planning 744 101-410-1910-43030 Engineering Services 15,000 7,741 51.61% 101-410-1910-43150 Contract Services 6,000 7,172 119.53%5th St median plans 101-410-1910-43180 Information Technology/Web 101-410-1910-43185 IT Support 5,600 4,505 80.45% 101-410-1910-42002 IT Hardware 101-410-1910-43190 Software Programs 1,376 0.00% 101-410-1910-43210 Telephone 600 0.00% 101-410-1910-43220 Postage 150 0.00% 101-410-1910-43310 Mileage 350 14 4.00% 101-410-1910-43510 Legal Publishing 1,500 1,192 79.47% 101-410-1910-44330 Dues & Subscriptions 650 372 57.23% 101-410-1910-44350 Books 101-410-1910-44370 Conferences & Training 1,000 100 10.00% Total Charges and Services 32,226$ 21,096 65.46% Miscellaneous 101-410-1910-44300 Miscellaneous 200 0.00% Total Miscellaneous 200$ 0.00% 1910 Total Planning & Zoning 256,131$ 169,597 66.21% 1930 Engineering Services Charges and Services 101-410-1930-43030 Engineering Services 40,000 20,000 50.00% 101-410-1930-43210 Telephone - Total Charges and Services 40,000$ 20,000 50.00% Capital Outlay 101-480-8000-45900 Construction Projects - Total Capital Outlay -$ 1930 Total Engineering Services 40,000$ 20,000 50.00% 1940 City Hall CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 8 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Materials and Supplies 101-410-1940-42110 Cleaning Supplies 101-410-1940-42230 Building Repair Supplies 800 17 2.13% Total Materials and Supplies 800$ 17 2.13% Charges and Services 101-410-1940-43180 Information Technology/Web 400 0.00% 101-410-1940-43185 IT Support 5,090 4,165 81.83% 101-410-1940-42002 IT Hardware 101-410-1940-43190 Software Programs 101-410-1940-43210 Telephone 877 0.00% 101-410-1940-43810 Utilities 4,422 1,845 41.72% 101-410-1940-43840 Refuse 1,600 1,025 64.06% 101-410-1940-44010 Repairs/Maint Contractual Bldg 6,000 3,702 61.70% 101-410-1940-44040 Repairs/Maint Contractual Eqpt 15,000 8,292 55.28% 101-900-9000-47205 Rentals - Building - 101-410-1940-44371 Allocation to Building Inspections (14,493) 0.00%will allocate end of year Total Charges and Services 18,896$ 19,029 100.70% Miscellaneous 101-410-1940-44300 Miscellaneous 1,800 589 32.72% Total Miscellaneous 1,800$ 0.00% 1940 Total City Hall 21,496$ 19,046 88.60% 2100 Police Charges and Services 101-420-2100-43150 Law Enforcement Contract 773,255 363,420 47.00%payment in July/Dec 101-420-2100-44301 Misc. - Community Event 1,800 0.00% Total Charges and Services 775,055$ 363,420 46.89% 2100 Total Police 775,055$ 363,420 46.89% 2150 Prosecution Charges and Services 101-420-2150-43045 Attorney Criminal 49,000 27,965 57.07% Total Charges and Services 49,000$ 27,965 57.07% 2150 Total Prosecution 49,000$ 27,965 57.07% 2220 Fire Personnel 101-420-2220-41010 Full-time Salaries 88,274 44,096 49.95% 101-420-2220-41030 Part-time Salaries 178,636 130,699 73.16% 101-420-2220-41035 Paid On Call Salaries 73,364 25,529 34.80% 101-420-2220-41210 PERA Contributions 32,236 17,680 54.85% 101-420-2220-41220 FICA Contributions 19,308 11,429 59.19% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 9 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-420-2220-41230 Medicare Contributions 3,308 101-420-2220-41300 Insurance 13,834 7,109 51.39% 101-420-2220-41325 Life Insurance 515 0.00% 101-420-2220-41330 STD/LTD 1,766 0.00% 101-420-2220-41420 Unemployment Benefits 653 101-420-2220-41510 Workers Compensation 32,505 47,294 145.50% Total Personnel 440,438$ 287,797 65.34% Materials and Supplies 101-420-2220-42000 Office Supplies 500 352 70.40% 101-420-2220-42080 EMS Supplies 2,800 352 12.57% 101-420-2220-42090 Fire Prevention 2,000 0.00% 101-420-2220-42120 Fuel, Oil and Fluids 9,400 4,534 48.23% 101-420-2220-42400 Small Tools & Equipment 30,175 10,939 36.25% Total Materials and Supplies 44,875$ 16,177 36.05% Charges and Services 101-420-2220-43050 Physicals 8,296 173 2.09% 101-420-2220-43150 Contract Services 18,085 25,185 139.26%Operational Audit/Recruitment 101-420-2220-43180 Information Technology/Web 101-420-2220-43185 IT Support 17,130 14,837 86.61% 101-420-2220-42002 IT Hardware 101-420-2220-43190 Software Programs 341 0.00% 101-420-2220-43210 Telephone 4,000 3,543 88.58% 101-420-2220-43230 Radio 25,636 7,602 29.65% 101-420-2220-43310 Mileage 500 190 38.00% 101-420-2220-43630 Insurance 9,101 9,515 104.55% 101-420-2220-43810 Utility 15,000 8,000 53.33% 101-420-2220-43840 Refuse 1,000 427 42.70% 101-420-2220-44010 Repairs/Maint Bldg 8,440 6,138 72.73% 101-420-2220-44040 Repairs/Maint Eqpt 33,920 30,322 89.39% 101-420-2220-44170 Uniforms 10,321 5,448 52.79% 101-420-2220-44330 Dues & Subscriptions 6,330 1,198 18.93% 101-420-2220-44350 Books 440 824 187.27%New POCs 101-420-2220-44370 Conferences & Training 20,580 7,736 37.59% Total Charges and Services 179,120$ 121,138 67.63% Capital Outlay 101-480-8000-45500 Vehicle 101-480-8000-45800 Equipment - 101-900-9000-47200 Transfer to Vehicle Replacement Fund - Total Capital Outlay -$ Miscellaneous 101-420-2220-44300 Miscellaneous 2,000 243 12.15% Total Miscellaneous 2,000$ 243 12.15% 2220 Total Fire 666,433$ 425,355 63.83% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 10 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 2220 Fire Relief Charges and Services 101-420-2220-44920 Fire State Aid 64,000 0.00%pass through in Nov Total Charges and Services 64,000$ 0.00% 2250 Total Fire Relief 64,000$ 0 0.00% 2400 Building Inspection Personnel 101-420-2400-41010 Full-time Salaries 369,167 144,396 39.11%No BO since Feb, no permit tech since Apr, no insp since july 101-420-2400-41030 Part-time Salaries 101-420-2400-41020 Overtime 101-420-2400-41040 Temporary Employees 101-420-2400-41210 PERA Contributions 28,960 11,769 40.64% MSRS Contributions -City Admin 489 0.00% 101-420-2400-41220 FICA Contributions 27,654 9,271 33.52% 101-420-2400-41230 Medicare Contributions 2,227 101-420-2400-41300 Insurance 73,872 22,617 30.62% 101-420-2400-41325 Life Insurance 600 100 16.67% 101-420-2400-41330 STD/LTD 2,000 673 33.65% 101-420-2400-41510 Workers Compensation 3,532 4,377 123.92% Total Personnel 506,274$ 195,430 38.60% Materials and Supplies 101-420-2400-42000 Office Supplies 1,750 214 12.23% 101-420-2400-42030 Printed Forms 350 0.00% 101-420-2400-42120 Fuel, Oil and Fluids 3,600 1,508 41.89% Total Materials and Supplies 5,700$ 1,722 30.21% Charges and Services 101-420-2400-43030 Engineering 3,000 245 8.17% 101-420-2400-43150 Inspector Contract Services 5,000 323,204 6464.08%MNSPECT, BO recruitment 101-420-2400-43180 Information Technology/Web 3,280 101-420-2400-43185 IT Support 6,200 4,627 74.63% 101-420-2400-42002 IT Hardware 600 122 20.33% 101-420-2400-43190 Software Programs 8,900 395 4.44% 101-420-2400-43210 Telephone 3,650 2,150 58.90% 101-420-2400-43510 Legal Publishing 101-420-2400-43630 Insurance 4,511 3,387 75.08% 101-420-2400-44040 Repairs/Maint Eqpt 1,500 620 41.33% 101-420-2400-44170 Uniforms 800 90 11.25% 101-420-2400-44330 Dues & Subscriptions 500 130 26.00% 101-420-2400-44350 Books 500 595 119.00%new code adopted March required new books 101-420-2400-44370 Conferences & Training 3,200 791 24.72% Total Charges and Services 38,361$ 339,636 885.37% Capital Outlay 101-480-2400-45500 Vehicle - Total Capital Outlay -$ CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 11 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Miscellaneous 101-420-2400-44371 Allocations from Admin, Finance, City Hall 19,167 0.00%will allocate at end of year 101-420-2400-44300 Miscellaneous 1,000 75 7.50% Total Miscellaneous 20,167$ 0.00% 2400 Total Building Inspection 570,502$ 536,788 94.09% 2500 Emergency Communications Charges and Services 101-420-2500-43150 Contract Services 3,350 900 26.87% Total Charges and Services 3,350$ 900 26.87% 2500 Total Emergency Communications 3,350$ 900 26.87% 2700 Animal Control Charges and Services 101-420-2700-43150 Contract Services 11,000 7,691 69.92% Total Charges and Services 11,000$ 7,691 69.92% 2700 Total Animal Control 11,000$ 7,691 69.92% 3100 Streets Personnel 101-430-3100-41010 Full-time Salaries 307,899 263,671 85.64% 101-430-3100-41030 Part-time Salaries 126 101-430-3100-41020 Overtime 9,000 15,453 171.70%should be allocated to water and sewer as well 101-430-3100-41040 Temporary Employees 10,764 0.00% 101-430-3100-41210 PERA Contributions 23,542 22,047 93.65% 101-430-3100-41220 FICA Contributions 24,836 17,402 70.07% 101-430-3100-41230 Medicare Contributions 4,096 101-430-3100-41300 Insurance 77,834 55,594 71.43% 101-430-3100-41325 Life Insurance 844 246 29.15% 101-430-3100-41330 STD/LTD 2,110 1,540 72.99% 101-430-3100-41600 Safety Clothing Allowance 600 0.00% 101-430-3100-41420 Unemployment Benefits 101-430-3100-41510 Workers Compensation 32,266 37,462 116.11% Total Personnel 489,695$ 417,637 85.29% Materials and Supplies 101-430-3100-42000 Office Supplies 650 108 16.62% 101-430-3100-42120 Fuel, Oil and Fluids 17,000 13,054 76.79% 101-430-3100-42150 Operating Supplies 4,400 6,741 153.20% 101-430-3100-42210 Repair/Maint. Supplies 10,000 4,665 46.65% 101-430-3100-42212 Repair/Maint. Supplies S&I 10,000 7,859 78.59%cutting edges 101-430-3100-42240 Street Maintenance & Landscaping - Materials 39,864 20,560 51.58% 101-430-3100-42250 Street Maintenance 101-430-3100-42260 Street Signs 4,500 1,033 22.96% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 12 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-430-3100-42290 Sand/Salt S&I 153,363 111,880 72.95%expected to be $40k under budget 101-430-3100-42400 Small Tools & Minor Equipment 4,500 722 16.04% 101-430-3100-44375 Personal Protection Equipment 1,400 1,127 80.50% Total Materials and Supplies 245,677$ 167,749 68.28% Charges and Services 101-430-3100-43030 Engineering Services 6,000 9,266 154.43%Eng now doing ROW permits 101-430-3100-43090 Sealcoating & Crack Sealing 565,000 210,940 37.33%awarded May/June 101-430-3100-43150 Contract Services 24,000 12,364 51.52% 101-430-3100-43180 Information Technology/Web 101-430-3100-43185 IT Support 11,782 6,815 57.84% 101-430-3100-42002 IT Hardware 1,200 0.00% 101-430-3100-43190 Software Programs 1,700 3,662 215.41%new locating laptop with software, bee hive improvements 101-430-3100-43151 Snow Removal Contract Services 101-430-3100-44050 Tree Program 101-430-3100-43210 Telephone 6,200 2,631 42.44% 101-430-3100-43230 Radio 5,000 2,000 40.00% 101-430-3100-43310 Mileage 250 0.00% 101-430-3100-43510 Public Notices 212 134 63.21% 101-430-3100-43630 Insurance 22,441 23,443 104.47% 101-430-3100-43810 Utilities 24,000 15,641 65.17% 101-430-3100-43811 Street Lights 36,000 30,103 83.62% 101-430-3100-43840 Refuse 4,500 3,123 69.40% 101-430-3100-44010 Repairs/Maint Bldg.15,000 3,854 25.69% 101-430-3100-44030 Repairs/Maint Imp Other Than Bldg.500 2,348 469.60%generator radiator failure 101-430-3100-44040 Repairs/Maint Equip 25,000 8,047 32.19% 101-430-3100-44041 Repairs/Maint Equip S&I 14,000 1,709 12.21% 101-430-3100-44130 Equipment Rental 2,000 1,100 55.00% 101-430-3100-44170 Uniforms 5,625 3,987 70.88% 101-430-3100-44330 Dues & Subscriptions 700 614 87.71%most paid for year 101-430-3100-44370 Conferences & Training 3,000 0 0.00% 101-430-3100-44380 Clean-up Days - Total Charges and Services 774,110$ 341,781 44.15% Capital Outlay 101-900-9000-47200 Transfer to Vehicle Replacement Fund 101-480-3100-45500 Capital Purchases - Total Capital Outlay -$ 0 Miscellaneous 101-430-3100-44300 Miscellaneous 1,000 321 32.10% Total Miscellaneous 1,000$ 321 32.10% 3100 Total Streets 1,510,482$ 927,488 61.40% 5200 Parks & Recreation Personnel 101-450-5200-41010 Full-time Salaries 141,559 62,173 43.92% 101-450-5200-41030 Part-time Salaries CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 13 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 101-450-5200-41020 Overtime 315 101-450-5200-41040 Temporary Employees 10,000 8,983 89.83% 101-450-5200-41210 PERA Contributions 10,617 5,004 47.13% 101-450-5200-41220 FICA Contributions 11,900 4,554 38.27% 101-450-5200-41230 Medicare Contributions 1,069 101-450-5200-41300 Insurance 36,229 11,657 32.18% 101-450-5200-41325 Life Insurance 206 57 27.67% 101-450-5200-41330 STD/LTD 560 355 63.39% 101-450-5200-41600 Safety Clothing Allowance 350 0.00% 101-450-5200-41420 Unemployment Benefits 101-450-5200-41510 Workers Compensation 9,013 9,910 109.95% Total Personnel 220,435$ 104,077 47.21% Materials and Supplies 101-450-5200-42000 Office Supplies 650 43 6.62% 101-450-5200-42120 Fuel, Oil and Fluids 6,250 1,972 31.55% 101-450-5200-42150 Operating Supplies 750 444 59.20% 101-450-5200-42160 Chemicals 1,000 201 20.10% 101-450-5200-42210 Repair/Maint. Supplies 5,500 8,931 162.38%additonal playground repairs 101-450-5200-42230 Building Repair Supplies 500 0.00% 101-450-5200-42250 Landscaping Materials 562 101-450-5200-42400 Small Tools & Minor Equipment 4,550 4,186 92.00%hot water jetter Total Materials and Supplies 19,200$ 16,339 85.10% Charges and Services 101-450-5200-43030 Engineering Services 101-450-5200-43150 Contracted Services 64,500 52,794 81.85% 101-450-5200-43185 IT Support 4,636 4,188 90.34% 101-450-5200-42002 IT Hardware 250 0.00% 101-450-5200-43190 Software Programs 340 0.00% 101-450-5200-43210 Telephone 1,750 951 54.34% 101-450-5200-43510 Public Notices 101-450-5200-43630 Insurance 6,835 7,144 104.52% 101-450-5200-43810 Utilities 10,500 6,169 58.75% 101-450-5200-43840 Refuse 4,000 2,097 52.43% 101-450-5200-44010 Repairs/Maint Bldg 2,500 3,995 159.80%plumbing repairs in warming house 101-450-5200-44030 Repairs/Maint Imp Not Bldgs 3,200 3,930 122.81% 101-450-5200-44040 Repairs/Maint Eqpt 14,975 112 0.75% 101-450-5200-44120 Rentals - Buildings 7,000 3,336 47.66% 101-450-5200-44130 Equipment Rental 415 101-450-5200-44170 Uniforms 1,078 632 58.63% 101-450-5200-44301 Events 550 544 98.91% 101-450-5200-44302 Lakes 15,000 9,956 66.37% 101-450-5200-44330 Dues & Subscriptions 60 101-450-5200-44370 Conferences & Training 800 1,688 211.00%certified playground inspector training 101-450-5200-44130 Equipment Rental 1,000 0.00% 101-450-5200-44375 Personal Protection Equipment 400 0.00% Total Charges and Services 139,314$ 98,011 70.35% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 14 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Capital Outlay 101-900-9000-47200 Transfer to Vehicle Replacement Fund 101-900-5200-45500 Capital Purchases - Total Capital Outlay -$ CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 15 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Miscellaneous 101-450-5200-44300 Miscellaneous 1,000 416 41.60% Total Miscellaneous 1,000$ 416 41.60% 5200 Total Parks & Recreation 379,949$ 218,843 57.60% 9000 Transfers Transfers 101-900-9000-47200 Transfer to Washington County (Library) 101-900-9000-47205 Operating Transfer to EDA 30,000 0.00% 101-900-9000-47201 Transfer to Project Fund 25,000 0.00%LE Ave Phase 3 101-900-9000-47201 Transfer to Project Fund 30,000 123 0.41%Inwood/5th Signal 101-900-9000-47201 Transfer to Project Fund 101-900-9000-47285 Transfer to Debt Service 101-900-9000-47200 Transfer to Vehicle Replacement Fund 903,847 0.00% 101-900-9000-47200 Transfer to Vehicle Replacement Fund 100,000 0.00% 101-900-9000-47200 Transfer to Vehicle Replacement Fund - Total Transfers 1,088,847$ 123 0.01% 9000 Total Transfers 1,088,847$ 123 0.01% 9000 Contingency Reserve Contingency Reserve Reserve for possible Insurance Increase - Total Contingency Reserve -$ 9000 Contingency Reserve -$ Prior Period Adjustments Total General Fund Expenditures:6,171,030$ 3,319,279 53.79% Total Gen Fund Revs. Over/(Under) Expenditures:(0)$ 388,414 -776827988.42% 601 Water Fund Water Fund Revenues: 601-000-0000-36100 Special Assessments 21,776 48,440 222.45%July/Dec recipts 601-000-0000-36102 Special Assessments Penalties & Interest 1 601-494-8000-36103 Prepaid Special Assessments 4,350 601-000-0000-36200 Miscellaneouse 601-000-0000-36206 Smart Controller Pilot Program 601-000-0000-36205 Refunds and Reimbursements 601-000-0000-36210 Interest on Investments 60,000 0.00%allocate end of year 601-494-9400-36220 Rent 13,000 farm lease $26,000 601-000-0000-36267 Litigation Settlement 601-000-0000-37100 Water Sales 1,149,997 389,612 33.88%3rd qtr run in oct 601-000-0000-37120 Bulk Water 1,277 CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 16 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 601-000-0000-37130 Water Lat Benefit Fee 601-000-0000-39250 Contribution of Capital Assets 601-000-0000-37140 Water Access Revenue 800,000 698,000 87.25% 601-000-0000-37150 Water Connections - Municipal 320,000 248,887 77.78% 601-000-0000-37160 Penalties 601-000-0000-37170 Meter Sales 95,000 88,806 93.48% 601-000-0000-39200 Transfer In - Total Water Fund Revenues:2,446,773$ 1,492,373 60.99% Water Fund Expenses: Personnel 601-494-9400-41010 Full-time Salaries 184,555 129,855 70.36% 601-494-9400-41030 Part-time Salaries 6,503 new utility billing clerk 601-494-9400-41020 Overtime 6,000 108 1.80% 601-494-9400-41040 Temporary Employees 601-494-9400-41210 PERA Contributions 14,740 10,164 68.96% MSRS Contributions -City Admin 448 0 0.00% 601-494-9400-41220 FICA Contributions 14,946 8,161 54.60% 601-494-9400-41230 Medicare Contributions 1,912 601-494-9400-41300 Insurance 43,548 26,656 61.21% 601-494-9400-41325 Life Insurance 244 142 58.20% 601-494-9400-41330 STD/LTD 706 694 98.30% 601-494-9400-41415 OPEB Expense 601-494-9400-41301 Unemployment Insurance 601-494-9400-41600 Safety Clothing Allowance 400 0.00% 601-494-9400-41510 Workers Compensation 6,020 6,984 116.01% Total Personnel 271,607$ 191,179 70.39% Materials and Supplies 601-494-9400-42000 Office Supplies 800 353 44.13% 601-494-9400-42120 Fuel, Oil and Fluids 9,000 2,702 30.02% 601-494-9400-42030 Printed Forms 750 353 47.07% 601-494-9400-42150 Operating Supplies 3,500 2,223 63.51% 601-494-9400-42160 Chemicals 11,000 3,148 28.62% 601-494-9400-42210 Repair/Maint. Supplies 16,000 3,742 23.39% 601-494-9400-42270 Utility System Maintenance 601-494-9400-42300 Water Meters & Supplies 145,000 117,595 81.10% 601-494-9400-44375 Personal Protective Equipment 800 511 63.88% 601-494-9400-42400 Small Tools & Minor Equipment 9,800 2,835 28.93% Total Materials and Supplies 196,650$ 133,462 67.87% Charges and Services 601-494-9400-43030 Engineering Services 20,000 13,625 68.13%Wash Co CDA grant to be reimbursed 80% 601-494-9400-43040 Legal Services 10,000 0.00% 601-494-9400-43010 Audit Services 7,987 9,105 114.00%paid for year- additional je 601-494-9400-43090 Newsletter 1,100 553 50.27% 601-494-9400-43150 Contract Services 30,000 33,341 111.14%multiple water leak repairs and well equipment failures, contracted FD 601-494-9400-43185 IT Support 7,297 6,365 87.23% 601-494-9400-42002 IT Hardware 1,000 1,030 103.00% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 17 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 601-494-9400-43190 Software Programs 9,000 8,223 91.37% 601-494-9400-43210 Telephone 2,000 1,114 55.70% 601-494-9400-44377 Credit Card Fees 5,000 5,147 102.94%likely will exceed; relatively new program 601-494-9400-43220 Postage 3,500 1,859 53.11% 601-494-9400-43310 Mileage 200 65 32.50% 601-494-9400-43610 Insurance 10,096 10,552 104.52% 601-494-9400-43810 Electric Utility 75,000 34,962 46.62% 601-494-9400-43820 Water Utility 15,000 16,511 110.07%MDH fee increase 601-494-9400-44030 Repairs\Maint Imp Not Bldgs 45,000 8,100 18.00% 601-494-9400-44040 Repairs/Maint. Equip.7,500 1,411 18.81% 601-494-9400-44010 Repairs\Maint Imp Bldgs 4,000 2,470 61.75% 601-494-9400-44150 Equipment Rental 1,000 0.00% 601-494-9400-44170 Uniforms 1,000 577 57.70% 601-494-9400-44330 Dues & Subscriptions 400 60 15.00% 601-494-9400-44370 Conferences & Training 1,600 142 8.88% 601-494-9400-44386 Real Estate Taxes 25,300 23,084 91.24%paid in full for year Total Charges and Services 282,980$ 178,296 63.01% Capital Outlay 601-494-9400-45300 Improvments Other Than Bldgs 545,000 2,630 0.48%utliity van Total Capital Outlay 545,000$ 2,630 0.48% Miscellaneous and Non-operating 601-494-9400-43320 Depreciation Expense 601-494-9400-44300 Miscellaneous 2,000 872 43.60% 601-494-9400-46010 Bond Principal 820,000 563,175 68.68% 601-494-9400-46110 Bond Interest 344,370 225,544 65.49% 601-494-9400-46200 Fiscal Agent Fees - Bond Payments 2,000 0.00% 601-494-9400-46250 Fiscal Agent Fees - Bond Issuance 601-494-9400-46220 Deferred Charges Amort 601-494-9400-46350 Bond Issuance Costs 12,000 0.00% 601-494-9400-47200 Transfer Out - Total Misc. and Non-operating 1,180,370$ 789,591 66.89% Prior Period Adjustments Total Water Fund Expenses:2,476,607$ 1,295,158 52.30% Total Water Fund Revs. Over/(Under) Expenses:(29,834)$ 197,215 -661.04% 602 Sewer Fund Sewer Fund Revenues: 602-000-0000-33422 PERA Pension Revenue 602-000-0000-36100 Special Assessments 137,250 116,990 85.24% 602-000-0000-36101 Delinquent Special Assessments 602-000-0000-36102 Special Assessments Penalties & Interest 1,710 602-495-8000-36103 Prepaid Special Assessments 20,457 602-000-0000-36210 Interest on Investments 40,000 0.00% 602-000-0000-37160 Penalties CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 18 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 602-000-0000-37200 Sewer Sales 300,000 170,003 56.67%3rd qtr billed in oct 602-000-0000-37220 SAC Early Pay discount/revenue 7,500 5,770 76.93% 602-000-0000-37230 Sewer Lat Benefit Fee 36,600 602-000-0000-39250 Contribution of Capital Assets 602-000-0000-37240 Sewer Connecton Fee Revenue (SAC)900,000 825,997 91.78% 602-000-0000-37250 Sewer Connection Fees Regional 602-000-0000-37260 Sewer Connection Fees Municipa 320,000 289,200 90.38% Total Sewer Fund Revenues:1,704,750$ 1,466,727 86.04% Sewer Fund Expenses: Personnel 602-495-9450-41010 Full-time Salaries 97,613 38,461 39.40% 602-495-9450-41030 Part-time Salaries 5,690 new utiltiy billing clerk 602-495-9450-41020 Overtime 6,200 0 0.00% 602-495-9450-41040 Temporary Employees 602-495-9450-41210 PERA Contributions 8,085 3,280 40.57% MSRS Contributions -City Admin 299 0.00% 602-495-9450-41220 FICA Contributions 7,942 2,645 33.30% 602-495-9450-41230 Medicare Contributions 621 602-495-9450-41300 Insurance 22,116 6,745 30.50% 602-495-9450-41325 Life Insurance 129 33 25.58% 602-495-9450-41330 STD/LTD 506 181 35.77% 602-495-9450-41415 OPEB Expense 602-495-9450-41600 Safety Clothing Allowance 140 0.00% 602-495-9450-41301 Unemployment Insurance 602-495-9450-41510 Workers Compensation 3,537 4,197 118.67% Total Personnel 146,567$ 61,853 42.20% Materials and Supplies 602-495-9450-42210 Repair/Maint. Supplies 28,130 366 1.30% 602-495-9450-42000 Office Supplies 600 163 27.17% 602-495-9450-42030 Printed Forms 600 195 32.50% 602-495-9450-42120 Fuel, Oil and Fluids 8,000 2,635 32.94% 602-495-9450-42150 Operating Suppies 1,500 947 63.13% 602-495-9450-42270 Repair/Maint. Supplies 268 602-495-9450-44375 Personal Protective Equipment 350 307 87.71% 602-495-9450-42400 Small Tools & Minor Equipment 2,500 2,326 93.04%replaced tools at beginning of year Total Materials and Supplies 41,680$ 7,207 17.29% Charges and Services 602-495-9450-43030 Engineering Services 15,000 6,165 41.10% 602-495-9450-43010 Audit Services 7,987 9,105 114.00%paid for year- additional je 602-495-9450-43090 Newsletter 1,100 553 50.27% 602-495-9450-43150 Contract Services 57,000 26,239 46.03% 602-495-9450-43185 IT Support 4,258 3,701 86.92% 602-495-9450-42002 IT Hardware 821 602-495-9450-43180 Software Support 602-495-9450-43190 Software Programs 8,459 6,274 74.17% 602-495-9450-43210 Telephone 2,500 1,636 65.44% CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 19 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 602-495-9450-44377 Credit Card Fees 3,000 3,525 117.50%likely will exceed; relatively new program 602-495-9450-43220 Postage 3,500 5,147 147.06% 602-495-9450-43310 Mileage 90 0.00% 602-495-9450-43610 Insurance 4,032 4,212 104.46% 602-495-9450-43810 Electric Utility 15,000 9,887 65.91% 602-495-9450-43820 Sewer Utility - Met Council 229,887 191,573 83.33% 602-495-9450-44010 Repairs/Maint Imp Bldgs 1,000 0.00% 602-495-9450-44040 Repairs/Maint. Equip.4,500 564 12.53% 602-495-9450-44150 Equipment Rental 1,000 0.00% 602-495-9450-44170 Uniforms 600 331 55.17% 602-495-9450-44030 Repairs\Maint Imp Not Bldgs 2,000 7,036 351.80%legion lift station issues 602-495-9450-44370 Conferences & Training 2,500 1,826 73.04%sewer certification courses Total Charges and Services 363,413$ 278,595 76.66% Capital Outlay 602-495-9450-45300 Improvements Other Than Bldgs 210,000 2,630 1.25%utility van Total Capital Outlay 210,000$ 2,630 1.25% Miscellaneous and Non-operating 602-495-9450-43320 Depreciation Expense 602-495-9450-44300 Miscellaneous Expenses 764 602-495-9450-46010 Bond Principal 435,000 449,200 103.26% 602-495-9450-46110 Bond Interest 198,516 174,549 87.93% 602-495-9450-46220 Deferred Charges Amort 602-495-9450-46350 Bond Issuance Costs 20,000 0.00% 602-495-9450-46200 Fiscal Agent Fees 2,000 0.00% 602-495-9450-47200 Transfer Out - Total Misc. and Non-operating 655,516$ 624,513 95.27% Prior Period Adjustment Total Sewer Fund Expenses:1,417,176$ 974,798 68.78% Total Sewer Fund Revs. Over/(Under) Expenses:287,574$ 491,929 171.06% 603 Storm Water Fund Storm Water Fund Revenues: 603-000-0000-33422 PERA Pension Revenue 603-000-0000-36100 Special Assessments 33,614 603-000-0000-36101 Delinquent Special Assessments 603-000-0000-36102 Special Assessment Penalties/Interest 603-000-0000-36210 Interest on Investment 25,000 0.00% 603-000-0000-39250 Contribution of Capital Assets 603-000-0000-36232 Developer Contributions 603-000-0000-37300 Surface Water Utility Sales 361,793 4,394 1.21%bill end of year 603-000-0000-34113 SW Review Fee Revenue 30,000 28,938 96.46% Total Storm Water Fund Revenues:416,793$ 66,946 16.06% Storm Water Fund Expenses: CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 20 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Personnel 603-496-9500-41010 Full-time Salaries 61,586 21,452 34.83% 603-496-9500-41030 Part-time Salaries 4,064 new utility billing clerk 603-496-9500-41020 Overtime 1,500 169 11.27% 603-496-9500-41040 Temporary Employees 603-496-9500-41210 PERA Contributions 4,881 1,896 38.84% MSRS Contributions -City Admin 149 0.00% 603-496-9500-41220 FICA Contributions 4,826 1,542 31.95% 603-496-9500-41230 Medicare Contributions 363 603-496-9500-41300 Insurance 14,199 3,374 23.76% 603-496-9500-41325 Life Insurance 83 17 20.48% 603-496-9500-41330 STD/LTD 271 91 33.58% 603-496-9500-41415 OPEB Expense 780 603-496-9500-41600 Safety Clothing Allowance 125 0.00% 603-496-9500-41301 Unemployment Insurance CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 21 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 603-496-9500-41510 Workers' Compensation 1,731 2,029 117.19% Total Personnel 89,351$ 35,777 40.04% Materials and Supplies 603-496-9500-42000 Office Supplies 450 0.00% 603-496-9500-42120 Fuel, Oil and Fluids 3,000 2,430 81.00% 603-496-9500-42030 Printed Forms 185 513 277.30%new post card stock 603-496-9500-42270 Repair/Maint. Maint Supplies 2,000 21 1.05% 603-496-9500-42150 Operating Supplies 1,000 68 6.80% 603-496-9500-44375 Personal Protective Equipment 500 13 2.60% 603-496-9500-42400 Small Tools & Minor Equipment 2,500 3,004 120.16%purchased tools at beginning of year incl. hot water jetter Total Materials and Supplies 9,635$ 6,049 62.78% Charges and Services 603-496-9500-43030 Engineering Services 10,000 5,833 58.33% 603-496-9500-43010 Audit Services 7,987 9,105 114.00%paid for year- additional je 603-496-9500-43040 Legal Services 603-496-9500-43150 Contract Services 5,000 7,034 140.68%cleaning of culverts and stormsewer due to high water table 603-496-9500-43180 Software Support 603-496-9500-43185 IT Support 3,778 3,695 97.80% 603-496-9500-42002 IT Hardware 200 430 215.00%new laptop 603-496-9500-43190 Software Programs 7,484 6,076 81.19% 603-496-9500-43210 Telephone 900 617 68.56% 603-496-9500-44377 Credit Card Fees 400 0.00% 603-496-9500-43220 Postage 1,500 1,249 83.27%billed once a year 603-496-9500-43510 Legal Publishing 60 0.00% 603-496-9500-43610 Insurance 6,326 6,615 104.57% 603-496-9500-43810 Utilities 18 0.00% 603-496-9500-44010 Street Sweeping 30,000 14,747 49.16% 603-496-9500-44040 Repairs/Maint Equip 2,500 0.00% 603-496-9500-44015 Repairs/Maint Bldg 100 0.00% 603-496-9500-44030 Repairs/Maint Not Bldg 25,473 237 0.93% 603-496-9500-44150 Equipment Rental 1,000 0.00% 603-496-9500-44170 Uniforms 250 133 53.20% 603-496-9500-44370 Conferences & Training 2,000 0 0.00% Total Charges and Services 104,976$ 55,771 53.13% Capital Outlay 603-496-9500-45300 Improvements Other Than Bldgs - 0 Total Capital Outlay -$ 0 Miscellaneous and Non-operating 603-496-9500-43320 Depreciation Expense 603-496-9500-44300 Miscellaneous Expenses 64 603-496-9500-46010 Bond Principal 205,000 175,000 85.37% 603-496-9500-46110 Bond Interest 58,750 57,737 98.28% 603-496-9500-46220 Deferred Charges Amort 603-496-9500-46200 Fiscal Agent Fees 900 0.00% 603-496-9500-46300 Bond Issuance Costs - CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 22 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments Total Misc. and Non-operating 264,650$ 232,801 87.97% Prior Period Adjustment Total Storm Water Fund Expenses:468,612$ 330,398 70.51% Total Storm Water Fund Revs. Over/(Under) Expenses:(51,819)$ (263,452)508.40% 221 EDA Brookfield Building Fund EDA Brookfield Bldg Fund Revenues: 221-000-0000-34110 Tenant Rents 74,451 62,099 83.41%increased rents 221-000-0000-36210 Interest Income 221-000-0000-39300 Bond Proceeds 221-000-0000-39201 Transfer from City Hall Budget 30,000 0.00%completed at end of year - Total EDA Brookfield Building Fund Revenues:104,451$ 62,099 59.45% EDA Brookfield Bldg Fund Expenses: Materials and Supplies 221-460-6301-42110 Repair/Maint. Maint Supplies 5,000 438 8.76% 221-460-6301-42150 Operating Supplies 100 52 52.00% - Total Materials and Supplies 5,100$ 490 9.61% Charges and Services 221-460-6301-43150 Contract Services 10,000 8,137 81.37% 221-460-6301-44386 Real Estate Taxes 16,854 13,990 83.01%paid in full for year 221-460-6301-43810 Utilities 21,000 10,020 47.71% 221-460-6301-43840 Refuse 6,600 3,006 45.55% 221-460-6301-43610 Insurance 1,500 0.00% 221-460-6301-44040 Repairs/Maint Equip 7,500 215 2.87% 221-460-6301-44030 Repairs/Maint Not Bldg - Total Charges and Services 63,454$ 35,368 55.74% Capital Outlay 221-460-6301-45200 Buildings 221-460-6301-45300 Improvements Other Than Bldgs - Total Capital Outlay -$ Miscellaneous and Non-operating 221-460-6301-44300 Miscellaneous Expenses 1,000 0.00% 221-900-9000-47285 Transfer to Debt Service 86,058 0.00% 221-460-6301-46010 Bond Principal 221-460-6301-46110 Bond Interest 19,823 221-460-6301-46220 Deferred Charges Amort CITY OF LAKE ELMO 2020 YTD Actuals Master Worksheet 11/3/202012:28 PM 23 2020 Actual YTD % of Account Number Description Adopted 9/30/2020 Budget Comments 221-460-6301-46200 Fiscal Agent Fees 1,700 221-460-6301-46300 Bond Issuance Costs - Total Misc. and Non-operating 87,058$ 21,523 24.72% Total EDA Brookfield Bldg Fund Expenses:155,612$ 57,381 36.87% Total EDA Brookfield Bldg Fund Revs. Over/(Under) Expenses:(51,161)$ 4,718 -9.22% CITY OF LAKE ELMO - INVESTMENT SUMMARY - SEPTEMBER 30, 2020 Category Total Concentration Face / Cost Yield to Maturity Annualized Cost Yield Amount Market Value Cash 47%13,771,271 0.13%17,336 13,771,271 Agency 8%2,250,000 1.38%31,063 2,253,990 CD 32%9,375,000 2.05%191,917 9,550,326 Municipal 14%3,684,658 2.47%91,044 3,909,088 29,080,928 1.14%331,359 29,484,675 Category Total Concentration Face / Cost Yield to Maturity Annualized Cost Yield Amount Market Value Cash 43%11,505,453 0.32%36,947 11,505,453 Agency 9%2,450,000 1.45%35,443 2,458,013 CD 35%9,328,000 2.09%194,596 9,537,586 Municipal 14%3,684,648 2.47%91,044 3,856,921 26,968,101 1.33%358,030 27,357,972 Category Total Concentration Face / Cost Yield to Maturity Annualized Cost Yield Amount Market Value Cash 36%9,458,504 1.19%112,652 9,458,504 Agency 15%3,987,997 2.01%80,178 3,969,987 CD 34%9,010,198 2.38%214,378 9,015,597 Municipal 14%3,793,527 2.49%94,648 4,004,354 26,250,226 1.91%501,856 26,448,441 Category Total Concentration Face / Cost Yield to Maturity Annualized Cost Yield Amount Market Value Change since 1/1/2020 Cash 41%12,104,675 1.89%228,511 12,104,675 1.76% Agency 14%4,153,147 2.49%103,215 4,186,912 1.10% CD 31%9,256,129 2.52%233,268 9,357,306 0.47% Municipal 13%3,915,769 2.50%97,810 3,896,168 0.03% 29,429,720 2.25%662,804 29,545,061 NOTES: September 30,2020 June 30,2020 The most significant changes in yields since January 1 are on cash and money market accounts (down by 1.76%) and Agency notes (down by 1.1%) The yeilds have held on CD's and Municipals but those yields will not be replaced with comparable yields when called or at maturity March 31,2020 December 31, 2019 The average yield on the portfolio has decreased by 1.11% since January 1