Item 3B1GENERAL FUND
Statement of Revenues, Expenditures and Changes in Fund Balance
for the period ended July 31, 2009
with comparative actual amounts for the period ended July 31,, 2008
(fiscal month 10-83.33%%)
Percent
Year to Date2009Collected/Year to Date
REVENUES7/31/09BudgetExpended7/31/08
(*)
Ad Valorem Taxes$15,829,674$15,688,588100.9%$14,690,328
Sales Tax6,170,0977,848,00078.6%7,353,233
Franchise Fees2,609,9382,699,84896.7%2,129,248
Fines835,3421,000,00083.5%693,557
Charges for Services778,374912,68685.3%716,854
Permits/Fees1,068,0541,292,75082.6%1,583,353
Miscellaneous576,237863,28366.7%625,740
Interest Income182,121450,00040.5%474,685
$28,049,837$30,755,155
Total Revenues91.2%$28,266,998
EXPENDITURES
City Secretary$292,925$390,02175.1%$254,933
Human Resources430,215538,67879.9%320,256
City Manager481,944551,41387.4%433,324
Support Services/Information Technology2,875,6754,375,98165.7%2,517,232
General Government Total4,080,7595,856,09369.7%3,525,745
Finance849,3131,128,67175.2%854,344
Municipal Court515,361657,16378.4%448,436
Municipal Court-Teen Court96,178126,12976.3%91,974
Finance Total1,460,8521,911,96376.4%1,394,754
Fire 3,933,2375,081,85377.4%3,461,044
Police4,374,5215,243,29483.4%4,016,008
Public Safety Support1,706,4121,789,90595.3%1,039,856
Public Safety Total10,014,17012,115,05282.7%8,516,908
Streets/Drainage1,306,9431,670,23378.2%1,391,833
Public Works Administration916,0401,123,00181.6%808,586
Public Works Total2,222,9832,793,23479.6%2,200,419
Building Inspections755,033981,81976.9%668,753
Planning825,0701,012,30981.5%674,885
Planning and Dev Total1,580,1031,994,1281,343,638
79.2%
Economic Development256,739327,45578.4%230,198
Economic Development Total256,739327,45578.4%230,198
Community Services281,723537,70352.4%285,491
Parks and Recreation3,064,3634,418,91169.3%3,112,981
Library Services533,783635,25484.0%439,018
Community Services Total3,879,8695,591,86869.4%3,837,490
$23,495,475$30,589,79376.8%$21,049,152
Total Expenditures
Excess (deficiency) of
Revenue over Expenditures$4,554,362$165,362$7,217,846
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.$4,554,362$589,827$7,217,846
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 July 31, 2009 and July 31, 2008
(fiscal month 10-83.33%%)
Percent
Year to Date2009Collected/Year to Date
REVENUES7/31/09BudgetExpended7/31/08
Water Sales-residential$7,466,132$10,600,00070.4%$6,929,378
Water Sales-commercial2,357,7253,400,00069.3%2,020,938
Sewer Sales3,701,5464,100,00090.3%3,330,167
Sanitation Sales964,3591,100,00087.7%796,560
Other utility charges59,437342,00017.4%58,727
Miscellaneous34,647106,00032.7%151,285
Interest Income174,825300,00058.3%190,711
Total Revenues$14,758,671$19,948,00074.0%$13,477,766
EXPENSES
Water$6,499,306$10,494,14461.9%$4,944,973
Utility Billing292,340 429,981 68.0%312,083
Sewer1,798,1952,062,33187.2%3,087,603
Sanitation438,139862,97050.8%385,289
Debt Service5,974,5305,974,530100.0%4,386,789
Total Expenses$15,002,510$19,823,95675.7%$13,116,737
Excess (deficiency) of
Revenue over Expenses($243,839)$124,044$361,029
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($193,839)($213,994)$361,029
CITY OF SOUTHLAKE
1% SALES TAX REPORT
2009CollectedBudgetBalance
Budgetto DateBalancePercent
$8,755,000$6,780,455($1,974,545)-22.55%
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%799,515-6.6%
March
664,7687.3%749,50812.7%760,9201.5%
April
744,25817.6%787,3365.8%616,261-21.7%
May
828,321-7.9%917,09910.7%753,093-17.9%
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$6,780,455
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$799,515799,515$ 20,910$ 2.69%
March(*)
$749,508$681,734$760,920760,920$ 79,186$ 11.62%
April (*)
$787,336$716,141$616,261616,261$ (99,880)$ -13.95%
May (*)
$917,099$834,170$753,093753,093$ (81,077)$ -9.72%
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$ 6,780,455$ 8,847,141$ 92,141$
* Beginning April 2006 includes Grand Avenue sales tax collections per 380 agreement
80% of collections will be distributed to Cooper & Stebbins