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5 <br /> year. School appropriations are paid to both School districts by the 151" of each month. The <br /> Education budget includes School Health and Safety Contracts, Deferred Maintenance, Durham Tech <br /> Current Expense and Recurring Capital. <br /> • Third Quarter debt service variance represents a timing variance pertaining to when principal and <br /> interest disbursements were posted on the general ledger this fiscal year compared to the prior fiscal <br /> year. The County has remaining April 1, May 1, and June 1 debt service payments for the remainder <br /> of the fiscal year. <br /> Other Funds <br /> Sportsplex Fund <br /> Sportsplex Fund Sportsplex revenues are at $4.2 million or 88.2% of budget as compared to $3.6 million or 87.6% <br /> the prior fiscal year. The Sportsplex program revenues have grown across most categories. Ice Rink revenues are <br /> $1.6 million or 39% of revenues compared to $1.3 million the prior fiscal year. Wellness and Membership <br /> revenues are $1 million or 26% of revenues compared to $876,322 the prior fiscal year. Kidsplex revenues are <br /> $510,663 or 12.1% revenues compared to $426,620 the prior fiscal year. Aquatics revenues are $492,212 or <br /> 11.6% of revenues compared to $488,967 the prior fiscal year. Fieldhouse (Turf and Court) revenues are <br /> $223,495 or 5.3% of revenues compared to $264,931. The Sportsplex expenses are $2.9 million or 61.9% of the <br /> budget. Debt service, which totals $465,257, are sufficiently covered by Sportsplex revenues. <br /> Solid Waste Fund <br /> Solid Waste Fund Solid Waste revenues are $10.9 million or 82% of the budget as compared to $10.7 million or <br /> 88.1% of the budget in the prior fiscal year. The solid waste program fee of$142 is billed as a line item on the <br /> Property Tax bill. Peak fee collections occur by the end of December. Solid waste expenditures are $7.2 million or <br /> 54.3% of expenditures as compared to $7.2 million also or 56%the prior fiscal year. Consistent with well <br /> performing enterprise funds, the fund remains self-supporting this fiscal year. Debt service which totals <br /> $1,128,873 are sufficiently covered by Solid Waste revenues. <br /> Visitors Bureau Fund <br /> Visitors Bureau revenues are$1.8 million or 61.6%ofthe budget as compared to$1.6 million or 64.9%ofthe budget.The <br /> growth is attributed to the continued increase in hotel lodging activity and the subsequent revenue from the 3% <br /> occupancy tax.Visitors Bureau expenditures are$2.1 million or 69.6%as compared to$1.6 million or63.5%the prior <br /> fiscal year. Advertising is the largest expenditure at $1.1 million or 36.5% of the budget. The FY 2024 budget <br /> included a Visitors Bureau fund balance appropriation of$601,333; the FY 2023 ending fund balance was <br /> $1,087,041. <br /> 5 <br />