Item 4CFinance Department’s
Quarterly Review
For the period ended
June 30, 2006
General Fund Revenues
Property tax
$12,280,676 (101.2% collected compared to budget)
Sales tax
$5,329,124 collected ($184,743 above budget)
Fines/Forfeitures
$967,557 (collected 107.5% of budget)
General Fund Revenues
Permit fees
122 new residential permits issued
Total square footage 626,594
Estimated value 52,180,000
28 new commercial permits issued
Total square footage 433,217
Estimated value 23,742,664
General Fund Expenditures
Department expenditures are within expected budget projections
$15,891,951 (64.8% of budget)
Utility Fund
Total Revenue $12,378,670
78.6% collected compared to budget
Total Expenses $10,676,997
66.4% disbursed compared to budget
Other Funds
SPDC
Sales tax collections $2,581,413
Crime Control
Sales tax collections $2,528,081
TIF
Property tax collections on target
Questions?