2018 1st Quarter Financial Report

October - December 2017

  • Collected 5% of Budgeted Revenues in the 1st Qtr 2018.

  • Property Tax is remitted 2 times a year. The first FY 2018 revenues will be collected in January with the second in July.

  • State and Local Revenues are remitted Quarterly.The first FY 2018 revenues will be collected in January.

  • Construction season will begin in Qtr 3 FY 2018.The revenue budgeted for these projects ($6.3 million) will be collected in the 3rd and 4th Qtr.

  • On target at 22.4% expended through FY 2018 Qtr. 1.

  • On target at 13.4% expended through FY 2018 Qtr. 1.

  • Construction season will begin in Qtr 3 FY 2018 and a majority of our General Fund Capital Projects are construction projects.

  • As noted above revenues are at 5% of budget and total general fund expenses are at 10% of budget.

  • Revenues are at 5% and expenses are at 1% of budget.

  • Memorial Field/other capital projects will follow the construction season and occur in the 3rd and 4th quarters.

  • Revenues are at 8% and expenses are at 13% of budget.

  • Majority of the Recreation activities and programs are during the summer season and we will see the revenues and expenses collected and expended during that time of the year.

  • Revenues are at 17% and expenses are at 6%.

  • Revenues are at 2% and expenses are at 1%.

  • Majority of the budget is for Capital projects in the park.This will occur in the 3rd and 4th quarters.

  • Revenues are at 2% and expenses are at 5%.

  • Revenues are at 13% and expenses are at 27% of budget.

  • Expenses include the annual interfund transfer of a little over $973kfor bond payments.

  • Revenues are at 14% and expenses are at 21% of budget.

  • Expenses include the annual interfund transfer of a little over $778k for bond payments.