Item 3B1
GENERAL FUND
Statement of Revenues, Expenditures and Changes in Fund Balance
for the period ended May 31, 2009
with comparative actual amounts for the period ended May 31, 2008
(fiscal month 8-66.67%)
Percent
Year to Date2009Collected/Year to Date
REVENUES5/31/2009BudgetExpended5/31/08
(*)
Ad Valorem Taxes$15,627,132$15,688,58899.6%$14,593,384
Sales Tax4,962,3887,848,00063.2%5,068,148
Franchise Fees1,960,9052,699,84872.6%1,755,409
Fines604,4181,000,00060.4%562,506
Charges for Services609,797912,68666.8%558,730
Permits/Fees885,7521,292,75068.5%1,314,583
Miscellaneous421,983863,28348.9%550,941
Interest Income159,280450,00035.4%240,817
$25,231,655$30,755,155
Total Revenues82.0%$24,644,518
EXPENDITURES
City Secretary$229,408$390,02158.8%$204,214
Human Resources341,188538,67863.3%338,412
City Manager368,273551,41366.8%255,450
Support Services/Information Technology2,541,2734,375,98158.1%2,038,543
General Government Total3,480,1425,856,09359.4%2,836,619
Finance700,5471,128,67162.1%625,852
Municipal Court397,362657,16360.5%363,622
Municipal Court-Teen Court79,780126,12963.3%72,446
Finance Total1,177,6891,911,96361.6%1,061,920
Fire 3,120,5785,081,85361.4%2,754,230
Police3,398,3935,243,29464.8%3,289,069
Public Safety Support1,571,1121,789,90587.8%925,611
Public Safety Total8,090,08312,115,05266.8%6,968,910
Streets/Drainage1,104,9041,670,23366.2%1,229,886
Public Works Administration691,9871,123,00161.6%635,421
Public Works Total1,796,8912,793,23464.3%1,865,307
Building Inspections592,788981,81960.4%526,761
Planning638,4911,012,30963.1%534,112
Planning and Dev Total1,231,2791,994,1281,060,873
61.7%
Economic Development217,771327,45566.5%183,053
Economic Development Total217,771327,45566.5%183,053
Community Services208,189537,70338.7%238,689
Parks and Recreation2,232,5584,418,91150.5%2,412,433
Library Services419,510635,25466.0%344,921
Community Services Total2,860,2575,591,86851.2%2,996,043
$18,854,112$30,589,79361.6%$16,972,725
Total Expenditures
Excess (deficiency) of
Revenue over Expenditures$6,377,543$165,362$7,671,793
OTHER FINANCING
SOURCES AND (USES)
Proceeds from lease/CO (net)$0$0$0
Transfer In-Other Funds0424,4650
Transfer To-Other Funds000
Total Other Sources/(Uses)$0$424,465$0
Excess (deficiency) of
Revenues/other sources over Exp.$6,377,543$589,827$7,671,793
FUND BALANCE OCT 1$7,347,683
Change in reserved fund balance$0
ENDING FUND BALANCE$7,937,510
fund balance percentage25.95%
(*) includes administrative budget adjustments
WATER AND SEWER ENTERPRISE FUND
Comparative Statement of Revenues and Expenses
for the period ended May 31, 2009 and May 31, 2008
(fiscal month 8-66.67%)
Percent
Year to Date2009Collected/Year to Date
REVENUES5/31/09BudgetExpended5/31/08
Water Sales-residential$5,455,102$10,600,00051.5%$5,181,818
$7,177,766
Water Sales-commercial1,722,6643,400,00050.7%1,630,938
76%
Sewer Sales2,956,0874,100,00072.1%2,881,606
7,177,766
Sanitation Sales739,8341,100,00067.3%707,669
5,455,102
Other utility charges41,535342,00012.1%159,457
1,722,664
Miscellaneous65,534106,00061.8%211,229
5,455,102
Interest Income140,957300,00047.0%165,560
$11,121,713$19,948,000 1,722,664
Total Revenues55.8%$10,938,277
EXPENSES
Water$4,712,527$10,494,14444.9%$3,944,912
Utility Billing222,639 429,981 51.8%257,277
Sewer1,501,7302,062,33172.8%1,391,537
Sanitation438,139862,97050.8%290,451
Debt Service4,894,8755,974,53081.9%4,386,789
$11,769,910$19,823,956
Total Expenses59.4%$10,270,966
Excess (deficiency) of
Revenue over Expenses($648,197)$124,044$667,311
OTHER FINANCING
SOURCES AND (USES)
Transfer In-Other Funds$0$0
Developer Contributions$50,000$50,000$0
Transfer Out-Other Funds0(388,038)0
Total Other Sources/(Uses)$50,000($338,038)$0
Excess (deficiency) of
Revenues and other sources
over Expenses($598,197)($213,994)$667,311
CITY OF SOUTHLAKE
1% SALES TAX REPORT
2009CollectedBudgetBalance
Budgetto DateBalancePercent
$8,755,000$5,411,101($3,343,899)-38.19%
FISCALFISCALFISCAL
YEAR% IncYEAR% IncYEAR% Inc
MONTH2007-Dec2008-Dec2009-Dec
October
674,934-27.7%686,4991.7%789,28715.0%
November
619,50919.0%802,41729.5%771,761-3.8%
December
1,106,02634.4%1,174,2606.2%1,060,018-9.7%
January
559,46911.9%760,27635.9%591,513-22.2%
February
611,24228.1%619,8281.4%638,0872.9%
March
804,7529.7%856,0106.4%799,515-6.6%
April
664,7687.3%749,50812.7%760,9201.5%
May
744,25817.6%787,3365.8%0-100.0%
June
828,321-7.9%917,09910.7%0-100.0%
July
715,34240.3%751,0455.0%0-100.0%
August
672,6144.7%657,387-2.3%0-100.0%
September
810,2584.8%863,7126.6%0-100.0%
TOTAL
$8,811,494$9,625,378$5,411,101
Three Year Revenue Comparison
Three Year Revenue Comparison
by Month
Three Year Revenue Comparison
by Month
by Month
1,200,000
1,200,000
1,000,000
1,000,000
800,000
800,000
600,000
600,000
400,000
400,000
200,000
200,000
0
0
FISCAL YEAR 2007FISCAL YEAR 2008FISCAL YEAR 2009
FISCAL YEAR 2007FISCAL YEAR 2008
ActualBudgetActualEstimated(budget-est.)%
Month2008200920092009DifferenceChange
October(*)
$686,499$624,422$789,287789,287$ 164,864$ 26.40%
November(*)
$802,417$729,858$771,761771,761$ 41,903$ 5.74%
December(*)
$1,174,260$1,068,077$1,060,0181,060,018$ (8,059)$ -0.75%
January(*)
$760,276$691,528$591,513591,513$ (100,015)$ -14.46%
February(*)
$619,828$563,780$638,087638,087$ 74,307$ 13.18%
March(*)
$856,010$778,605$799,515799,515$ 20,910$ 2.69%
April (*)
$749,508$681,734$760,920760,920$ 79,186$ 11.62%
May (*)
$787,336$716,141$0716,141$ -$ 0.00%
June (*)
$917,099$834,170$0834,170$ -$ 0.00%
July (*)
$751,045$683,132$0683,132$ -$ 0.00%
August(*)
$657,387$597,943$0597,943$ -$ 0.00%
September(*)
$863,712$785,611$0$785,611 -$ 0.00%
TOTAL
$ 8,755,0009,625,378$ 5,411,101$ 9,028,097$ 273,097$
* Beginning April 2006 includes Grand Avenue sales tax collections per 380 agreement
80% of collections will be distributed to Cooper & Stebbins