07-FEBRUARY 2013 FINANCIAL REPORT

Home Browse Search

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 and Water & Sewer Funds there are 11 departments whose expenditures are over 41.66% at this time. 1. City Council-132.90%. The overage amounts to $95,373 and is mainly due to payments to KSA Engineering for development of a master plan. Also making an annual property and general liability insurance payment contributed to the overage. The City chose to make one annual insurance payment instead of quarterly payments this year in order to take advantage of a 2.00% discount which amounted to $10,436 city wide. This annual payment will be reflected in all departments and will somewhat distort budget to actual comparisons. The charges for KSA Engineering will be moved to the Water & Sewer Fund now that it has been established that all of the projects are water and sewer related. This should be reflected in the March report. 2. City Manager-43.82%a. The overage amounts to $7,467 and is due to office supplies, building maintenance, and some new furniture purchases. 3. Municipal Court-43.19%. The overage amounts to $3,553 and is due to the annual insurance payment, payment of stability pay, and three pay periods in November. 4. Police-42.85%. The overage amounts to $63,929 and is due to payment of unemployment benefits, purchase of minor apparatus, building & grounds maintenance, maintenance agreements, and the annual insurance payment. Also, a vehicle was charged to the regular budget that should have been charged to the equipment replacement fund. That will be corrected and reflect in the March report. 5. Fire-42.31%. The overage amounts to $24,940 and is due to overtime, minor apparatus, and the annual insurance payment. 6. Engineering-41.85%. The overage amounts to $844 and is due to publication costs. 7. Traffic & Lighting-42.23%. The overage amounts to $3,054 and is due to electrical cost. 8. Garage-42.39%. The overage amounts to $2,251 and is due to utility costs. 9. EMS-41.77%. The overage amounts to $2,603 and is due to fuel and medical supplies. 10. Library-42.46%. The overage amounts to $5,206 and is due to books, technical processing, building maintenance, and the annual insurance payment. 11. General Expenses-51.60%. The overage amounts to $158,595 and is due to hotel tax pass through, the SuRRMA payment, and payments made to the non-profit entities. ��