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Quarterly Budget Report - Budget to Actual Revenue Comparison
<br />FY 2015-2016 2nd Qtr
<br />001 -GENERAL FUND
<br />Account Description
<br />BUDGET
<br />Quarterly
<br />Budget (50% of
<br />Total)
<br />YTD Revenues
<br />Percentage of
<br />Annual Budget
<br />Difference from
<br />50%
<br />Comments/ Notes
<br />001031 Taxes
<br />$45,839,223
<br />$22,919,612
<br />$42,727,090
<br />93.2%
<br />$19,807,478
<br />The county budgets ad valorem taxes @ 95% collection.
<br />Most are paid by Nov to receive the 4% discount
<br />001033 Intergovernmental
<br />$8,872,101
<br />$4,436,050
<br />$5,031,763
<br />56.7%
<br />$595,713
<br />Some grants may be awarded in full at the beginning o
<br />the fiscal year.
<br />001034 Charges For Services
<br />$774,188
<br />$387,094
<br />$481,265
<br />62.2%
<br />$94,172
<br />Received up front payment from Sheriff for Resource
<br />Officers payment from Schools
<br />001035 Judgments,Fines & Forfeits
<br />$224,200
<br />$112,100
<br />$96,752
<br />43.2%
<br />($15,348)
<br />Radio Tower rents and Animal Control Fines slightly
<br />below budgeted figures
<br />001036 Licenses
<br />$104,500
<br />$52,250
<br />$54,590
<br />52.2%
<br />$2,340
<br />_
<br />001037 Interest _
<br />$107,500
<br />$53,750
<br />$81,963
<br />76.2%
<br />$28,213
<br />Interest earnings higher than anticipated
<br />001037 Interest Mark to Market Adjustment
<br />$0
<br />$0
<br />$10,388
<br />N/A
<br />$10,388
<br />Non -Cash entry required by GASB made quarterly
<br />001038 Miscellaneous
<br />$4,149,383
<br />$2,074,691
<br />$2,603,929
<br />62.8%
<br />$529,237
<br />Surplus sales, grants, library donations and rebate fees
<br />higher than anticipated
<br />001039 Other Sources
<br />$21,334,109
<br />$10,667,055
<br />$7,865,921
<br />36.9%
<br />($2,801,134)
<br />Cash forward reserves budgeted, but not actual
<br />Grand Total
<br />$81,405,203
<br />$40,702,602
<br />$58,953,660
<br />72.4%
<br />$18,251,059
<br />004 MUNICIPAL SERVICE FUND
<br />Account Description
<br />BUDGET
<br />Quarterly
<br />Budget (50% of
<br />Total)
<br />YTD Revenues
<br />Percentage of
<br />Annual Budget
<br />Difference from
<br />50%
<br />Comments/ Notes
<br />004031 Taxes
<br />_
<br />$9,377,174
<br />$4,688,587
<br />$7,999,572
<br />85.3%
<br />$3,310,985
<br />The county budgets ad valorem taxes @ 95% collection.
<br />Most are paid in Nov to receive 4% discount. MSTU
<br />includes communications tax and business tax which
<br />makes this % lower than other funds.
<br />004032 Permits And Fees
<br />-
<br />$8,627,900
<br />$4,313,950
<br />$3,937,428
<br />45.6%
<br />($376,522)
<br />Lag time in receiving franchise fee payments- 5 payments
<br />in 6 months
<br />004033 Intergovernmental
<br />$5,790,606
<br />$2,895,303
<br />$2,905,363
<br />50.2%
<br />$10,060
<br />Lag time in receiving 1/2 Cent Sales Tax- 5 payments in 6
<br />months
<br />004034 Charges For Services
<br />$643,625
<br />$321,813
<br />$287,141
<br />44.6%
<br />($34,672)
<br />_
<br />Pool and recreation revenues increase in summer
<br />004035 Judgments,Fines & Forfeits
<br />$137,750
<br />$68,875
<br />$44,213
<br />32.1%
<br />($24,662)
<br />Code enforcement fines down
<br />004037 Interest
<br />$39,569
<br />$19,785
<br />$36,030
<br />91.1%
<br />$16,245
<br />Interest higher than anticipated
<br />004037 Interest Mark to Market Adjustment
<br />Av $0
<br />$0
<br />$5,060
<br />N/A
<br />$5,060
<br />Non -Cash entry required by GASB made quarterly
<br />004038 Miscellaneous
<br />$13,705
<br />$6,853
<br />$8,432
<br />61.5%
<br />$1,580
<br />Surplus Sales higher than anticipated
<br />004039 Other Sources
<br />$2,069,331
<br />$1,034,666
<br />$0
<br />0.0%
<br />($1,034,666)
<br />Cash forward reserves budgeted, but not actual
<br />Grand Total
<br />$26,699,660
<br />$13,349,830
<br />$15,223,238
<br />57.0%
<br />$1,873,408
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