07 - Monthly Financial Report - Laserfiche WebLink

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1. City Council -48.89%. The overage amounts to $12,554. This overage is due mostly to making the annual general liability insurance payment to TML at the start of the year saving 2% of the total premium. 2. Finance -35.99%. The overage amounts to $12,045 and is due to the annual insurance payment and the annual software lease payment. 3. Police -34.19%. The overage amounts to $57,618 and is due to emergency notification service, purchase of phone system, and confidential funds. 4. Fire -35.13%. The overage amounts to $92,781 and is due to the annual payment on 2 fire trucks and vehicle maintenance. 5. Engineering -33.50%. The overage amounts to $764 which is immaterial in amount. 6. Public Works Office -34.49%. The overage amounts to $2,863 and is due to the annual insurance payment and payroll separation costs. 7. EMS -45.40%. The overage amounts to $315,152 and is due to primarily to the purchase of an ambulance and other equipment, fuel, vehicle & equipment maintenance, and insurance. 8. Airport -51.93%. The overage amounts to $27,696 and is due to maintenance work at the airport and the annual insurance payment. 9. Library -36.12%. The overage amounts to $19,972 and is primarily due to the annual insurance payment and building maintenance. This building work will be moved to the Capital Projects Fund 10. Sanitation -37.09%. The overage amounts to $44,634 and is due to a vehicle purchase. General comments to the City Council: Over 99% of all of the City operational activity takes place in the General Fund, the Water & Sewer Fund, or the Sanitation Fund. The other funds are special purpose funds with limited activity and usually with legal restrictions on what their money can be spent on. For that reason, I normally only comment on the activity of the General Fund, Water & Sewer Fund, and the Sanitation Fund. However, if circumstances merited it, I would make comment on activity in one of the other funds. I try to anticipate questions you might have about the report and comment on those points. After you receive your packet and review the monthly report, if you have questions about the report, please let the Manager know (or me if you can't reach the Manager) before the Council meeting if possible in case I have to research the answer to your question. That does not prevent you from asking the question at the meeting if you wish to make a point, but it does help prevent questions coming up that I can't answer on the spot and possibly delaying the Council in making a decision. The activity of the Paris Economic Development Corporation is reflected in the monthly report. This is a result of the City performing the bookkeeping functions for this agency. PEDC has its own managing board.