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Item 3D Quarterly Review For the period ended June 30, 2008 Quarterly Review General Fund Revenues Property tax $14,593,384 (99.4% collected compared to budget) Sales tax $5,817,656 collected ($956,422 above budget) Fines/Forfeitures $622,670 (collected 62.3% of budget) Quarterly Review General Fund Revenues Permit fees 115 new residential permits issued Total square footage 642,480 Estimated value $70,241,965 7 new commercial permits issued Total square footage 264,876 Estimated value $23,781,487 Quarterly Review General Fund Expenditures Department expenditures are within expected budget projections $19,093,626 (64.4% of budget) Quarterly Review Utility Fund Total Revenue $12,926,223 66.8% collected compared to budget Total Expenses $11,672,387 9.9% disbursed compared to budget Stormwater Drainage Fund Total Revenue $952,311 88.8% collected compared to budget Quarterly Review Other Funds SPDC Sales tax collections $2,782,244 Crime Control Sales tax collections $2,654,655 Hotel Occupancy Fund Tax collections $577,585 Strategic Initiative Fund Expenditures $1,518,139 for software conversion Quarterly Review Investments Market Value $119,643,186 Agency Securities 44.1% Pools & Money Markets 48.7% Commercial Paper 7.2% Interest income $958,230 Questions?