Item 3DWATER AND SEWER ENTERPRISE FUND
Comparative Statement of Revenues and Expenses
for the period ended April 30, 2008 and April 30, 2007
(fiscal month 7-58.33%)
AMENDED
Percent
Year to Date2008Collected/Year to Date
4/30/08BudgetExpended4/30/2007
REVENUES
Water Sales-residential$4,083,669$10,500,00038.9%$4,379,233
Water Sales-commercial1,474,6893,100,00047.6%1,369,049
Sewer Sales2,280,7293,900,00058.5%2,216,688
Sanitation Sales553,0841,156,16347.8%559,301
Other utility charges132,990289,75045.9%152,045
Miscellaneous102,513106,00096.7%59,350
300,00041.3%95,358
Interest Income123,864
$19,351,913
Total Revenues$8,751,53845.2%$8,831,024
EXPENSES
Water$3,059,222$10,655,01528.7%$3,473,749
Utility Billing223,822 419,847 53.3%147,483
Sewer1,151,1632,184,38552.7%709,661
Sanitation236,419837,83428.2%305,253
5,358,22981.9%4,370,520
Debt Service4,386,789
$19,455,310
Total Expenses$9,057,41546.6%$9,006,666
Excess (deficiency) of
Revenue over Expenses($305,877)($103,397)($175,642)
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
($441,435)($175,642)
over Expenses($305,877)
GENERAL FUND
Statement of Revenues, Expenditures and Changes in Fund Balance
for the period ended April 30, 2008
with comparative actual amounts for the period ended April 30, 2007
(fiscal month 7-58.33%)
Percent
Year to Date2008Collected/Year to Date
REVENUES4/30/08BudgetExpended4/30/2007
Ad Valorem Taxes$14,492,674$14,677,18198.7%$12,584,473
Sales Tax5,068,1488,402,60060.3%3,661,591
Franchise Fees1,021,2072,471,97141.3%851,598
Fines527,2611,000,00052.7%495,731
Charges for Services412,473903,57045.6%358,330
Permits/Fees990,6411,635,25060.6%1,139,693
Miscellaneous421,983663,81263.6%317,070
Interest Income201,982400,00050.5%176,374
$30,154,384
Total Revenues$23,136,36976.7%$19,584,860
EXPENDITURES
City Secretary$166,157$387,74642.9%$156,111
Human Resources228,118437,79552.1%207,251
City Manager305,931635,32248.2%266,004
Support Services1,721,6404,167,11641.3%1,907,383
General Government Total2,421,8465,627,97943.0%2,536,749
Finance548,3731,166,05447.0%559,191
Municipal Court313,698554,51956.6%290,176
Municipal Court-Teen Court64,403126,94850.7%59,047
Finance Total926,4741,847,52150.1%908,414
Fire 2,259,4724,253,15953.1%1,891,557
Police2,901,0105,924,68349.0%3,488,622
Public Safety Support839,3091,586,62752.9%632,456
Public Safety Total5,999,79111,764,46951.0%6,012,635
Streets/Drainage1,073,1581,612,07866.6%754,841
Public Works Administration559,1671,196,70546.7%485,699
Public Works Total1,632,3252,808,78358.1%1,240,540
Building Inspections454,553973,50846.7%389,632
Planning461,5271,000,01946.2%448,615
Planning Total916,0801,973,52746.4%838,247
Economic Development161,705358,89745.1%168,876
Economic Development Total161,705358,89745.1%168,876
Community Services186,418513,07936.3%290,971
Parks and Recreation2,076,0784,168,08849.8%1,761,276
Library Services304,487578,82552.6%286,558
Community Services Total2,566,9835,259,99248.8%2,338,805
$14,625,204$29,641,16849.3%$14,044,266
Total Expenditures
Excess (deficiency) of
Revenue over Expenditures$8,511,165$513,216$5,540,594
OTHER FINANCING
SOURCES AND (USES)
Proceeds from lease/CO (net)$0$0$0
Transfer In-Other Funds0408,1950
Transfer To-Other Funds0(1,085,000)0
Total Other Sources/(Uses)$0($676,805)$0
Excess (deficiency) of
Revenues/other sources over Exp.$8,511,165($163,589)$5,540,594
FUND BALANCE OCT 1$7,768,639
Change in reserved fund balance$0
ENDING FUND BALANCE$7,605,050
fund balance percentage25.66%
CITY OF SOUTHLAKE
1% SALES TAX REPORT
2008CollectedBudgetBalance
Budgetto DateBalancePercent
$8,202,600$4,899,291$3,303,30940.27%
FISCALFISCALFISCAL
YEAR% IncYEAR% IncYEAR% Inc
MONTH2006-Dec2007-Dec2008-Dec
933,496126.2%674,934-27.7%686,4991.7%
October
520,78110.8%619,50919.0%802,41729.5%
November
823,10614.4%1,106,02634.4%1,174,2606.2%
December
499,82114.7%559,46911.9%760,27635.9%
January
477,01916.2%611,24228.1%619,8281.4%
February
733,39714.7%804,7529.7%856,0106.4%
March
619,82026.0%664,7687.3%0-100.0%
April
632,95429.2%744,25817.6%0-100.0%
May
899,05043.1%828,321-7.9%0-100.0%
June
509,76713.2%715,34240.3%0-100.0%
July
642,63723.7%672,6144.7%0-100.0%
August
773,38626.2%810,2584.8%0-100.0%
September
TOTAL$8,065,233$8,811,494$4,899,291
Three Year Revenue ComparisonThree Year Revenue Comparison
Three Year Revenue Comparison
by Monthby Month
by Month
800000
140.0%
1200000
700000
120.0%
1000000
600000
100.0%
800000
500000
80.0%
400000
600000
60.0%
300000
400000
40.0%
200000
200000
100000
20.0%
0
0
0.0%
FISCAL YEAR 2006FISCAL YEAR 2007FISCAL YEAR 2008
FISCAL YEAR 03-04FISCAL YEAR 2005FISCAL % Inc -DecFISCAL % Inc -Dec
ActualBudgetActualEstimated(budget-est.)%
Month2007200820082008DifferenceChange
$ 628,294674,934$ $686,499686,499$ 58,205$ 9.26%
October(*)
$ 576,699619,509$ $802,417802,417$ 225,717$ 39.14%
November(*)
$ 1,029,5971,106,026$ $1,174,2601,174,260$ 144,663$ 14.05%
December(*)
$ 520,809559,469$ $760,276760,276$ 239,467$ 45.98%
January(*)
$ 569,004611,242$ $619,828619,828$ 50,825$ 8.93%
February(*)
$ 749,142804,752$ $856,010856,010$ 106,868$ 14.27%
March(*)
$ 618,831664,768$ $0618,831$ -$ 0.00%
April (*)
$ 692,828744,258$ $0692,828$ -$ 0.00%
May (*)
$ 771,082828,321$ $0771,082$ -$ 0.00%
June (*)
$ 665,911715,342$ $0665,911$ -$ 0.00%
July (*)
$ 626,135672,614$ $0626,135$ -$ 0.00%
August(*)
754,267$ $0$754,267 -$ 0.00%
$810,258
September(*)
TOTAL$ 8,202,6008,811,494$ 4,899,291$ 9,028,345$ 825,745$
* Beginning April 2006 includes Grand Avenue sales tax collections per 380 agreement
80% of collections will be distributed to Cooper & Stebbins