Item 4CFinance Department’s
Quarterly Review
For the period ended
March 31, 2006
General Fund Revenues
Property tax
$11,828,060 (97.5% collected compared to budget)
Sales tax
$2,777,203 collected ($633,475 above budget)
Fines/Forfeitures
$708,107 (collected 99.7% of budget)
General Fund Revenues
Permit fees
99 new residential permits issued
Total square footage 512,952
Estimated value 44,006,000
15 new commercial permits issued
Total square footage 344,356
Estimated value 19,482,077
General Fund Expenditures
Department expenditures are within expected budget projections
$10,536,778 (44.0% of budget)
Utility Fund
Total Revenue $7,554,057
48.0% collected compared to budget
Total Expenses $8,220,518
51.1% disbursed compared to budget
Other Funds
SPDC
Sales tax collections $1,368,201
Crime Control
Sales tax collections $1,338,086
TIF
Property tax collections on target
Questions?