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20. The Airport Fund revenues are up 10.63% ($38,492) compared to last year. Expenditures are up 6.14%.($24,810) compared to last year. This leaves the airport with a $28,233 operating deficit after five months of operation and a $9,144 cash deficit, Departmental. Expenditure Summary: At this point the City is five months or 41.66% through the budget year. It is important to remember that expenditures do not occur equally throughout the year. For example, capital expenditures and association memberships are one-time expenditures that if made early in the fiscal year can produce a distorted expenditure percentage. Within the General, Water & Sewer, and Airport Funds there were seven departments whose expenditures were over 41.66%. 1. City Council -47.30%. The overage amounts to $11,307 and was due to the City Manager search and the annual insurance payment. 2. Fire Department -42.47%. The overage amounts to $49,877 and was due to minor apparatus, air packs, annual insurance payment, travel expenses, contract services, building maintenance, vehicle maintenance, medical expenses, and the fire truck lease payment. 3. Public Works -45.40%. The overage amounts to $9,854 and was due to insurance expense, office supplies, and phone expenses. 4. Traffic & Public Lighting -42.97%. The overage amounts to $7,041 and was due to the construction of bus stops. 5. Library -45.57%. The overage amounts to $34,846 and was caused by insurance expenses, building maintenance, and the upgrade to children's area. 6. Water Billing -41.69%. The overage amounts to $1,107 and was due to software payments, annual insurance payment, and audit expenses. 7. Water Distribution -43.53%. The overage amounts to $38,148 and was due to fuel expenses, the annual insurance payment, water line maintenance, street repairs, and fire hydrants & valves for the distribution system. General comments to the City Council: 1. Over 99% of all the City operational activity takes place in the General Fund, the Water & Sewer Fund, and the Airport. 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 Airport Fund. However, if circumstances merited it, I would make comment on activity in one of the other funds. 2. 1 attempt 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 me know before the Council meeting, if possible, in case I must 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 delay the Council in making a decision.