Item 3B1GENERAL FUND
Statement of Revenues, Expenditures and Changes in Fund Balance
for the period ended January 31, 2009
with comparative actual amounts for the period ended January 31, 2008
(fiscal month 4-33.33%)
Percent
Year to Date2009Collected/Year to Date
REVENUES1/31/2009BudgetExpended1/31/2008
Ad Valorem Taxes$13,509,723$15,847,24085.2%$11,558,701
Sales Tax1,614,9878,955,00018.0%1,596,721
Franchise Fees653,6622,699,84824.2%1,002,604
Fines250,4761,000,00025.0%218,891
Charges for Services183,330912,68620.1%190,312
Permits/Fees400,4841,392,75028.8%597,316
Miscellaneous99,690746,23813.4%187,511
Interest Income72,642500,00014.5%96,052
Total Revenues$16,784,994$32,053,76252.4%$15,448,108
EXPENDITURES
City Secretary$119,217$398,34629.9%$87,730
Human Resources185,511566,15432.8%130,278
City Manager195,301562,30834.7%148,993
Support Services1,663,0464,454,26137.3%1,121,840
General Government Total2,163,0755,981,06936.2%1,488,841
Finance422,0861,162,97836.3%362,533
Municipal Court201,524670,16330.1%162,424
Municipal Court-Teen Court38,597126,12930.6%35,057
Finance Total662,2071,959,27033.8%560,014
Fire 1,678,9065,201,83132.3%1,185,894
Police1,777,5685,405,81732.9%1,689,630
Public Safety Support855,0441,879,12045.5%683,450
Public Safety Total4,311,51812,486,76834.5%3,558,974
Streets/Drainage504,7921,763,99628.6%625,417
Public Works Administration363,7241,146,28931.7%298,153
Public Works Total868,5162,910,28529.8%923,570
Building Inspections319,5891,057,61030.2%229,709
Planning313,4151,021,97930.7%251,018
Planning and Dev Total633,0042,079,58930.4%480,727
Economic Development138,398357,30238.7%89,557
Economic Development Total138,398357,30238.7%89,557
Community Services108,903568,47219.2%66,179
Parks and Recreation1,229,0394,728,85126.0%1,243,898
Library Services217,657641,55433.9%171,829
Community Services Total1,555,5995,938,87726.2%1,481,906
Total Expenditures$10,332,317$31,713,16032.6%$8,583,589
Excess (deficiency) of
Revenue over Expenditures$6,452,677$340,602$6,864,519
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.$6,452,677$765,067$6,864,519
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 January 31, 2009 and January 31, 2008
(fiscal month 4-33.33%)
Percent
Year to Date2009Collected/Year to Date
REVENUES1/31/2009BudgetExpended1/31/2008
Water Sales-residential$2,941,329$10,600,00027.7%$2,534,717
Water Sales-commercial1,033,4403,400,00030.4%917,811
Sewer Sales1,461,2424,100,00035.6%1,199,382
Sanitation Sales329,2131,100,00029.9%286,706
Other utility charges6,104342,0001.8%100,367
Miscellaneous14,048106,00013.3%6,447
Interest Income68,104300,00022.7%85,974
Total Revenues$5,853,480$19,948,00029.3%$5,131,404
EXPENSES
Water$2,920,957$10,494,14427.8%$1,701,124
Utility Billing126,798 429,981 29.5%142,294
Sewer733,4762,062,33135.6%741,170
Sanitation215,292862,97024.9%144,103
Debt Service05,974,5300.0%0
Total Expenses$3,996,523$19,823,95620.2%$2,728,691
Excess (deficiency) of
Revenue over Expenses$1,856,957$124,044$2,402,713
OTHER FINANCING
SOURCES AND (USES)
Transfer In-Other Funds$0$0
Developer Contributions$0$50,000$0
Transfer Out-Other Funds0(388,038)0
Total Other Sources/(Uses)$0($338,038)$0
Excess (deficiency) of
Revenues and other sources
over Expenses$1,856,957($213,994)$2,402,713
CITY OF SOUTHLAKE
1% SALES TAX REPORT
2009CollectedBudgetBalance
Budgetto DateBalancePercent
$8,755,000$2,621,066($6,133,934)-70.06%
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%0-100.0%
January
611,24228.1%619,8281.4%0-100.0%
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$2,621,066
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$0691,528$ -$ 0.00%
January(*)
$619,828$563,780$0563,780$ -$ 0.00%
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$ 2,621,066$ 8,953,708$ 198,708$
* Beginning April 2006 includes Grand Avenue sales tax collections per 380 agreement
80% of collections will be distributed to Cooper & Stebbins