Laserfiche WebLink
Departmental Expenditure Summary: <br />At this point the City is two months or 16.66% through the budget year. It is important to remember <br />that expenditures do not occur equally throughout the year. For example, capital expenditures and <br />association memberships are one time expenditures that if made early in the fiscal year can produce a <br />distorted expenditure percentage. Within the General, Water & Sewer, Airport, and Sanitation Funds <br />there was four departments whose expenditures were over 16.66%. <br />1. Library -20.06%. The overage amounts to $28,719 and was caused by supplies, technical <br />processing, annual insurance payment, travel, credit card fees, and maintenance agreement. <br />2. Airport -18.66%. The overage amounts to $20,781 and was caused by the annual insurance <br />premium and audit fees. <br />3. Water Billing -17.0690. The overage amounts to $11,804 and was caused by the purchase of a <br />pickup truck. <br />4. Lift Stations -19.21%. The overage amounts to $12,201 and was caused by the construction <br />of fencing. <br />General comments to the City Council: <br />1. Over 99% of all of the City operational activity takes place in the General Fund, the Water & <br />Sewer Fund, or the Sanitation Fund. The other funds are special purpose funds with limited <br />activity and usually with legal restrictions on what their money can be spent on. For that reason, <br />I normally only comment on the activity of the General Fund, Water & Sewer Fund, and the <br />Sanitation Fund. However, if circumstances merited it, I would make comment on activity in one <br />of the other funds. <br />2. 1 try to anticipate questions you might have about the report and comment on those points. <br />After you receive your packet and review the monthly report, if you have questions about the <br />report, please let the Manager know (or me if you can't reach the Manager) before the Council <br />meeting if possible in case I have to research the answer to your question. That does not, <br />prevent you from asking the question at the meeting if you wish to make a point, but it does <br />help prevent questions coming up that I can't answer on the spot and possibly delaying the <br />Council in making a decision. <br />3. The activity of the Paris Economic Development Corporation is reflected in the monthly report. <br />This is a result of the City performing the bookkeeping functions for this agency. PEDC has its <br />own managing board. <br />