Item 3B1GENERAL FUND
Statement of Revenues, Expenditures and Changes in Fund Balance
for the period ended March 31, 2009
with comparative actual amounts for the period ended March 31, 2008
(fiscal month 6-50.0%)
Percent
Year to Date2009Collected/Year to Date
REVENUES3/31/2009BudgetExpended3/31/2008
Ad Valorem Taxes$15,507,937$15,847,24097.9%$14,311,890
Sales Tax3,662,2518,955,00040.9%3,531,257
Franchise Fees1,280,7622,699,84847.4%988,608
Fines429,5011,000,00043.0%394,265
Charges for Services358,759912,68639.3%298,938
Permits/Fees614,9601,392,75044.2%888,466
Miscellaneous230,145746,23830.8%380,573
Interest Income137,114500,00027.4%171,304
Total Revenues$22,221,429$32,053,76269.3%$20,965,301
EXPENDITURES
City Secretary$165,168$398,34641.5%$143,869
Human Resources259,168566,15445.8%197,593
City Manager283,611562,30850.4%258,965
Support Services2,052,7884,454,26146.1%1,462,490
General Government Total2,760,7355,981,06946.2%2,062,917
Finance549,4041,162,97847.2%494,490
Municipal Court303,664670,16345.3%264,335
Municipal Court-Teen Court55,436126,12944.0%53,924
Finance Total908,5041,959,27046.4%812,749
Fire 2,391,9085,201,83146.0%1,903,202
Police2,577,8165,405,81747.7%2,521,293
Public Safety Support1,462,2201,879,12077.8%783,507
Public Safety Total6,431,94412,486,76851.5%5,208,002
Streets/Drainage861,3521,763,99648.8%1,042,004
Public Works Administration524,6681,146,28945.8%481,725
Public Works Total1,386,0202,910,28547.6%1,523,729
Building Inspections457,9401,057,61043.3%387,056
Planning489,0381,021,97947.9%392,898
Planning and Dev Total946,9782,079,58945.5%779,954
Economic Development175,915357,30249.2%139,611
Economic Development Total175,915357,30249.2%139,611
Community Services160,278568,47228.2%138,167
Parks and Recreation1,668,3104,728,85135.3%1,789,433
Library Services324,249641,55450.5%268,186
Community Services Total2,152,8375,938,87736.2%2,195,786
Total Expenditures$14,762,933$31,713,16046.6%$12,722,748
Excess (deficiency) of
Revenue over Expenditures$7,458,496$340,602$8,242,553
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.$7,458,496$765,067$8,242,553
FUND BALANCE OCT 1$7,347,683
Change in reserved fund balance$0
ENDING FUND BALANCE$8,112,750
fund balance percentage25.58%
WATER AND SEWER ENTERPRISE FUND
Comparative Statement of Revenues and Expenses
for the period ended March 31, 2009 and March 31, 2008
(fiscal month 6-50.0%)
Percent
Year to Date2009Collected/Year to Date
3/31/2009BudgetExpended3/31/08
REVENUES
Water Sales-residential$4,023,917$10,600,00038.0%$3,644,554
Water Sales-commercial1,413,8093,400,00041.6%1,296,289
Sewer Sales2,221,0484,100,00054.2%1,954,600
Sanitation Sales536,3741,100,00048.8%471,667
Other utility charges33,062342,0009.7%120,604
Miscellaneous23,000106,00021.7%112,234
300,00032.7%102,518
Interest Income98,195
Total Revenues$8,349,405$19,948,00041.9%$7,702,466
EXPENSES
Water$3,124,141$10,494,14429.8%$2,575,168
Utility Billing165,367 429,981 38.5%475,936
Sewer1,124,0502,062,33154.5%1,012,112
Sanitation215,635862,97025.0%225,732
5,974,53081.9%4,386,789
Debt Service4,894,875
Total Expenses$9,524,068$19,823,95648.0%$8,675,737
Excess (deficiency) of
Revenue over Expenses($1,174,663)$124,044($973,271)
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
($213,994)($973,271)
over Expenses($1,124,663)
CITY OF SOUTHLAKE
1% SALES TAX REPORT
2009CollectedBudgetBalance
Budgetto DateBalancePercent
$8,755,000$3,850,666($4,904,334)-56.02%
FISCALFISCALFISCAL
YEAR% IncYEAR% IncYEAR% Inc
MONTH2007-Dec2008-Dec2009-Dec
674,934-27.7%686,4991.7%789,28715.0%
October
619,50919.0%802,41729.5%771,761-3.8%
November
1,106,02634.4%1,174,2606.2%1,060,018-9.7%
December
559,46911.9%760,27635.9%591,513-22.2%
January
611,24228.1%619,8281.4%638,0872.9%
February
804,7529.7%856,0106.4%0-100.0%
March
664,7687.3%749,50812.7%0-100.0%
April
744,25817.6%787,3365.8%0-100.0%
May
828,321-7.9%917,09910.7%0-100.0%
June
715,34240.3%751,0455.0%0-100.0%
July
672,6144.7%657,387-2.3%0-100.0%
August
810,2584.8%863,7126.6%0-100.0%
September
TOTAL$8,811,494$9,625,378$3,850,666
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
$686,499$624,422$789,287789,287$ 164,864$ 26.40%
October(*)
$802,417$729,858$771,761771,761$ 41,903$ 5.74%
November(*)
$1,174,260$1,068,077$1,060,0181,060,018$ (8,059)$ -0.75%
December(*)
$760,276$691,528$591,513591,513$ (100,015)$ -14.46%
January(*)
$619,828$563,780$638,087638,087$ 74,307$ 13.18%
February(*)
$856,010$778,605$0778,605$ -$ 0.00%
March(*)
$749,508$681,734$0681,734$ -$ 0.00%
April (*)
$787,336$716,141$0716,141$ -$ 0.00%
May (*)
$917,099$834,170$0834,170$ -$ 0.00%
June (*)
$751,045$683,132$0683,132$ -$ 0.00%
July (*)
$657,387$597,943$0597,943$ -$ 0.00%
August(*)
$863,712$785,611$0$785,611 -$ 0.00%
September(*)
TOTAL$ 8,755,0009,625,378$ 3,850,666$ 8,928,001$ 173,001$
* Beginning April 2006 includes Grand Avenue sales tax collections per 380 agreement
80% of collections will be distributed to Cooper & Stebbins