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Quarterly Budget Report - Budget to Actual Revenue Comparison
<br />FY 2018-2019 1st Qtr.
<br />001 -GENERAL FUND
<br />Account Description
<br />BUDGET
<br />Quarterly
<br />Budget (25% of
<br />Total)
<br />YTD Revenues
<br />Percentage of
<br />Annual Budget
<br />Difference from
<br />25%
<br />Comments/ Notes
<br />001031 Taxes
<br />$57,125,801
<br />$14,281,450
<br />$48,311,562
<br />84.6%
<br />$34,030,112
<br />The county budgets ad valorem taxes @ 95% collection.
<br />Most are paid by November to receive the 4% discount
<br />001033 Intergovernmental
<br />$4,744,569
<br />$1,186,142
<br />$1,109,998
<br />23.4%
<br />($76,145)
<br />State Library Aid grant to be received next quarter.
<br />001034 Charges For Services
<br />$1,605,247
<br />$401,312
<br />$251,523
<br />15.7%
<br />($149,789)
<br />Balance of Payment from Sheriff for School Resource
<br />Officers expected to be received next quarter.
<br />001035 Judgments, Fines & Forfeits
<br />$185,402
<br />$46,351
<br />$28,119
<br />15.2%
<br />($18,231)
<br />Revenues received slightly below budgeted amounts.
<br />001036 Licenses
<br />$141,550
<br />$35,388
<br />$26,345
<br />18.6%
<br />($9,043)
<br />Lag time in receiving licenses
<br />001037 Interest
<br />$204,725
<br />$51,181
<br />$72,426
<br />35.4%
<br />$21,244
<br />First quarter interest earnings higher than anticipated.
<br />001038 Miscellaneous
<br />$4,822,360
<br />$1,205,590
<br />$1,485,247
<br />30.8%
<br />$279,657
<br />Received FPL Disaster Grant in full.
<br />001039 Other Sources
<br />$24,161,532
<br />$6,040,383
<br />$4,792,310
<br />19.8%
<br />($1,248,073)
<br />Cash forward reserves budgeted, but not actual
<br />Grand Total
<br />$92,991,186
<br />$23,247,796
<br />$56,077,530
<br />60.3%
<br />$32,829,733
<br />004 MUNICIPAL SERVICE FUND
<br />Account Description
<br />BUDGET
<br />Quarterly
<br />Budget (25% of
<br />Total)
<br />YTD Revenues
<br />Percentage of
<br />Annual Budget
<br />Difference from
<br />25%
<br />Comments/ Notes
<br />004031 Taxes
<br />510,989,695
<br />$2,747,424
<br />$8,424,541
<br />76.7%
<br />$5,677,117
<br />The county budgets ad valorem taxes @ 95% collection.
<br />Most are paid by November to receive 4% discount.
<br />MSTU includes communications tax and business tax
<br />which makes this percentage lower than other funds.
<br />004032 Permits And Fees
<br />$8,838,800
<br />$2,209,700
<br />$1,947,560
<br />22.0%
<br />($262,140)
<br />Lag time in receiving franchise fee payments- 2 months
<br />received in quarter
<br />004033 Intergovernmental
<br />$8,825,429
<br />$2,206,357
<br />$1,763,519
<br />20.0%
<br />($442,838)
<br />Lag time in receiving 1/2 Cent Sales Tax- 2 months
<br />received in quarter
<br />004034 Charges For Services
<br />$1,175,554
<br />$293,888
<br />$250,666
<br />21.3%
<br />($43,222)
<br />Pool and recreation revenues increase in summer
<br />004035 Judgments, Fines & Forfeits
<br />$118,750
<br />$29,688
<br />516,170
<br />13.6%
<br />(513,518)
<br />Code enforcement fines slightly below budget.
<br />004037 Interest
<br />$65,299
<br />516,325
<br />$37,952
<br />58.1%
<br />$21,627
<br />First quarter interest earnings higher than anticipated.
<br />004038 Miscellaneous
<br />58,170
<br />$2,043
<br />$5,625
<br />68.8%
<br />$3,582
<br />Reimbursement -IG Dept. not budgeted
<br />004039 Other Sources
<br />52,001,264
<br />$500,316
<br />$0
<br />0.0%
<br />($500,316)
<br />Cash forward reserves budgeted, but not actual
<br />Grand Total
<br />$32,022,961
<br />$8,005,740
<br />$12,446,032
<br />38.9%
<br />$4,440,292
<br />131
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