07 - January Financial Report - Laserfiche WebLink

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distorted expenditure percentage. Within the General, Water & Sewer, and Sanitation Funds there are six departments whose expenditures are over 33.33%. 1. City Council-64.27%.The overage amounts to $30,234 and is due to making the annual insurance payment, public notices, payment of ATCOG membership fee, payment of redistricting consultant, and payment of the elevator maintenance contract. 2. Finance -35.70%. The overage amounts to $10,949 and is due to the annual insurance payment, training expense, and the annual software lease payment. 3. Fire -33.50%. The overage amounts to $9,430 and is due to the annual insurance payment. 4. Public Works Office -35.25%. The overage amounts to $4,815 and is due to the annual insurance payment, electronic data processing, and credit card service fees. 5. EMS -44.57%. The overage amounts to $373,546 and is due to purchase of minor apparatus, annual insurance payment, equipment maintenance, credit card service fees, and purchase of capital items (ambulance and equipment). 6. General Expenses -46.38% -The overage amounts to $216,736 and is due to making full payments to the non -profits and the first quarterly payment to the Lamar County Appraisal District. 7. Cox Field Airport -48.80%. The overage amounts to $101,622 and is due to lot mowing invoices from the summer just now being turned in, high utility bills due to water leak, building repairs, and the annual insurance payment. General comments to the City Council: 1. 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. 2. 1 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. 3. 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.