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<br /> Summary of Other Funds
<br /> Management is closely monitoring the Housing Funds in view of the new Administration executive orders.
<br /> Finance meets regularly with Housing staff to ensure that drawdowns occur in a timely way to eliminate any
<br /> major lags between expenses and reimbursable revenue.
<br /> The Inspection Fund revenues are lagging expenses and requires monitoring for subsequent budget
<br /> amendments. An RFP fee study has been issued to review cost recovery opportunities.
<br /> Transfers From the General Fund to the Debt Service Fund
<br /> Property tax transfers from the General Fund to the Debt Service Fund are timed to occur as the County
<br /> reaches peak tax collections. This is anticipated to be the regular timing of flow of funds each fiscal year to meet
<br /> debt service requirements.
<br /> FY 2025 FY 2024 FYs 2025 vs 2024
<br /> OTHER FUNDS OriginalBudget Revised Budget VTDActual* Percentage VTDActual* Percentage VTD %Variance
<br /> 11-Debt Service Fund 34,322,203 34,322,203 202,288 0.59% $20,417,773 54.51% $20,215,485 -53.92%
<br /> 33-Housing Fund $7,542,500 $7,606,396 $3,619,089 47.58% $2,293,989 32.75% $1,325,100 14.83%
<br /> 35-Emergency Telephone Fund $428,404 $1,501,846 $188,683 12.56% $247,556 42.82% ($58,873) -30.26%
<br /> 37-Visitor's Bureau Fund $3,058,121 $3,270,163 $1,354,818 41.43% $1,274,577 46.78% $80,241 -5.35%
<br /> 38-Spay/Neuter Fund $0 $0 $0 0.00% $0 0.00%
<br /> 44-Inspections Fund $1,766,217 $1,766,217 $526,829 29.83% $565,857 35.16% ($39,028) -5.33%
<br /> 50-Solid Waste Enterprise Fund $12,967,288 $13,197,288 $8,114,170 61.48% $8,862,694 69.82% ($748,524) -8.34%
<br /> 53-Sportsplex Fund $5,214,172 $5,214,172 $2,765,313 53.03% $2,553,749 54.37% $211,564 -1.34%
<br /> 70-Employee Health&Dental Fund $18,045,547 $18,045,547 $6,662,164 36.92% $6,229,457 38.33% $432,707 -1.41%
<br /> 11-Debt Service Fund $34,322,203 $34,322,203 $20,813,816 60.64% $20,417,773 54.51% $396,043 6.13%
<br /> 33-Housing Fund $7,542,500 $7,606,396 $4,874,027 64.12% $3,308,911 47.24% $1,565,116 16.88%
<br /> 35-Emergency Telephone Fund $428,404 $1,501,846 $95,033 88.46% $212,817 35.58% ($117,784) 52.88%
<br /> 37-Visitor's Bureau Fund $3,058,121 $3,270,163 $1,645,342 57.74% $1,658,716 60.88% ($13,374) -3.14%
<br /> �-a 38-Spay/Neuter Fund $0 $0 $0 0.00% $0 0.00% $0 0.00%
<br /> y 44-Inspections Fund $1,766,217 $1,766,217 $737,077 41.73% $649,835 40.38% $87,242 1.35%
<br /> Lx 50-Solid Waste Enterprise Fund $12,967,288 $13,197,288 $4,913,323 45.85% $5,732,141 45.16% ($818,818) 0.69%
<br /> 53-Sportsplex Fund $5,214,172 $5,214,172 $2,209,245 42.37% $2,015,984 42.24% $193,261 0.13%
<br /> 70-Employee Health&Dental Fund $18,045,547 $18,045,547 $9,044,106 50.12% $6,051,379 37.24% $2,992,727 12.88%
<br /> Sportsplex Fund
<br /> The Sportsplex revenue sources are Ice Rink (35% of budget), Membership and Fitness (26% of budget), Sports
<br /> Aquatics (13% of budget), Sports Kidsplex (12% of budget), and Field House (7% of budget). Reserves and
<br /> investment income comprise the remaining funding sources. Sportsplex revenues are 53% of budget and
<br /> consistent with the prior year revenue collections. Expenditures budget versus actuals are 42% of budget.
<br /> Revenues exceed expenditures by $556,068 indicating sound financial performance.
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