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<br /> Summary of Other Funds
<br /> Management is closely monitoring various both Housing Funds (Community Development and Section 8 Voucher)
<br /> to ensure timely reimbursements of expenditures.
<br /> The Inspection Fund continues to rely on a General Fund subsidy. A fee study is currently underway to address the
<br /> General Fund subsidy.
<br /> FY 2026 FY 2025 FYs 2026 vs 2025
<br /> OTHER FUNDS OriginalBudget Revised Budget YTD Actual* Percentage YTDActual* Percentage YTD %Variance
<br /> 11-Debt Service Fund $34,758,357 $34,758,357 $205,408 0.59% $202,288 0.59% $3,120 -0%
<br /> 33-Housing Fund $8,636,500 $8,651,735 $4,706,104 54.39% $3,619,089 47.58% $1,087,015 6.81%
<br /> 3 35-Emergency Telephone Fund $419,062 $1,793,470 $157,987 8.81% $186,683 42.82% ($28,696) -34.01%
<br /> 37-Visitor's Bureau Fund $3,321,110 $3,555,697 $1,316,897 37.04% $1,354,818 46.78% ($37,921) -9.74%
<br /> cc
<br /> 44-Inspections Fund $1,685,115 $1,685,115 $1,047,738 62.18% $526,829 29.83% $520,909 32.35%
<br /> 50-Solid Waste Enterprise Fund $13,695,848 $14,960,367 $8,108,872 54.20% $8,114,170 57.84% ($5,298) -3.64%
<br /> 53-Sportsplex Fund $5,720,578 $5,742,249 $2,708,096 47.16% $2,765,313 53.03% ($57,217) -5.87%
<br /> 70-Employee Health&Dental Fund $19,398,408 $19,398,408 $7,154,007 36.87% $6,662,164 36.92% $491,843 -0.07%
<br /> 11-Debt Service Fund $34,758,357 $34,758,357 $20,989,462 60.39% $20,813,816 60.64% $175,646 .25%
<br /> 33-Housing Fund $8,636,500 $8,651,735 $4,363,262 50.43% $4,874,027 64.12% ($510,765) -13.69%
<br /> 3
<br /> 35-Emergency Telephone Fund $419,062 $1,793,470 $509,322 28.39% $95,033 88.46% $414,289 -60.07%
<br /> a 37-Visitor's Bureau Fund $3,321,110 $3,555,697 $1,549,128 43.56% $1,645,342 57.74% ($96,214) -14.18%
<br /> y 44-Inspections Fund $1,685,115 $1,685,115 $749,675 44.49% $737,077 41.73% $12,598 2.76%
<br /> CL
<br /> 50-Solid Waste Enterprise Fund $13,695,848 $14,960,367 $5,186,864 34.67% $4,913,323 45.85% $273,541 -11.18%
<br /> 53-Sportsplex Fund $5,720,578 $5,742,249 $2,276,147 39.63% $2,209,245 42.24% $66,902 -2.61%
<br /> 70-Employee Health&Dental Fund $19,398,408 $19,398,408 $9,781,940 50.43% $9,044,106 37.24% 1 $737,834 13.19%
<br /> Sportsplex Fund
<br /> Sportsplex revenues are 47.16% compared to 53% the prior fiscal year, this variance is attributed to facility
<br /> renovations (Ice Rink and Aquatic Center) which necessitated temporary closures disrupting fee revenue during the
<br /> construction period. Expenditures budget versus actuals are 40% of budget as compared to 42.25%the prior fiscal
<br /> year. 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. Despite the disruption in revenues, revenues through
<br /> the first six months are $2.7 million and expenditures are $2.2 million, which continues the post-Covid recovery and
<br /> sound financial performance.
<br /> Solid Waste Fund
<br /> Solid Waste revenues are 54.2% of the total revenues as compared to 57.8% in the prior fiscal year. The solid waste
<br /> program fee of$138 is billed as a line item on the Property Tax bill. The budget includes a fund balance
<br /> appropriation of$2,351,917 for pay-as-you go capital requirements. Therefore, the unrestricted net position of the
<br /> fund is projected to decrease.
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