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06 Fiscal ManagementCITY COUNCIL AGENDA ITEM BRIEFING SHEET Submittal Date: Originating Department: Presented By: Agenda Item No.: 1-16-2009 Council Date: Finance Gene Anderson 6. 1-26-2009 RECOMMENDED MOTION: Move to approve the December 2008 Financial Report as presented. PoLicY IssuE(s): Fiscal Management. BACKGROUND: The Paris city charter Section 69 (3) requires the Finance Director to submit to the Council through the City Manager a monthly statement of all receipts and disbursements. The attached report meets that requirement. BOARD/COMMISSION RECOMMENDATION: E XHIBITS: December 2008 Financial Report ACTION: BUDGET INFO: Z Financial Report Z Minute Order Expense $N/A ❑ Deparirnent Report ❑ Resolution Budgeted Amt $N/A ❑ Presentation ❑ Ordinance yTD Actual $N/A ❑ Public Hearing ❑ Other Acct Name N/A Acct Number N/A FiscAL NoTES: REVIEWED AND APPROVED BY: Z Administration 0 City Clerk ❑ Community Development ❑ EMS/IT Z Finance ❑ Fire ❑ Municipal Court ❑ Legal ❑ Library ❑ Police ❑ Eng./Public Works ❑ Utilities City of Paris Revised 2/04/08 UO(1015 City of Paris December 2008 Financial Report Comments Net to Date Comparison of Revenues: 1. Property tax collections got back on track during December. Collections to date are 32.7% ahead of last year after lagging behind in October and November. 2. Sales tax collections continue to hold up well currently being 9.3% above last year. Sales tax remittances to the City from the State reflect sales from two months earlier. For example, December collections reflect October sales. 3. Hotel occupancy taxes stand 15.6% over this same time last year. All hotel taxes are current except for La Quinta which is now delinquent concerning the occupancy taxes for the quarter ending 9-30-2008. It is possible for occupancy taxes to be higher to date this year even though La Quinta is currently delinquent since La Quinta did not exist in 2007 and had no affect on 2007 collections. La Quinta was sent a demand letter requesting payment of the tax due plus the 10% penalty that has accrued. 4. Franchise taxes are up 6.8% to date due to increased collections from Atmos Gas. 5. Municipal Court fines are down 11.7% after three months, but December 2008 collections were up 309'0 over last December. 6. Hanger lease payments and interest earnings are up compared to last year but this is due to the somewhat irregular timing of such payments. At times renters will get behind a month or two then catch up and sometimes they pay in advance knowing that they are going to be away for a while. Over the course of the year this works itself out but it can at give a distorted view of collections during the year. Likewise, interest revenue does not take place evenly throughout the year. 7. EMS fees are down 6.2% as of December 31st. 8. Miscellaneous collections are down because last year's collections included revenue collected from the sale of the abandoned Southern Disposal dumpsters. 9. Water revenue is relatively flat compared to last year being up only 1.8%, but sewer revenue is up 9.39'o reflecting the rate increase enacted by the Council. 10. In the Water & Sewer Fund, the receipts from the City of Irving represent reimbursements under the MOU agreement. 11. Water & Sewer interest revenue is down but that is mostly a reflection of changing investment maturity dates which affect the cash flow of interest payments. Changing interest rates also have some impact on this line item. 12. General Fund revenues to date equal 25.12% of that budget. Water & Sewer revenues to date equal 25.119'0 of that budget. w U0001E) Departmental Expenditure Summary: At this point the City is 3 months or 25% 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. In this year's budget both stability pay and the Council authorized lump sum payment were made in November and are reflected in the departmental budgets. Within the General and Water & Sewer Funds there are 7 departments whose expenditures are over 25% at this time. 1. City Council-25.97%. The overage amounts to $1,072 and consists primarily of public notices, postage, and agenda related supplies. 2. Municipal Court-29.379'0. The overage amounts to $6,754 and consists of mainly of stability pay and travel expense. 3. Community Development-25.90%. The overage amounts to $5,074 and consists mainly of demolition sanitation fees. 4. Library-25.02%. The overage amounts to $142 and is made up of mainly of book purchases. 5. Warehouse-$25.62%. The overage amounts to $662 and consists mainly of stability pay. 6. Water Billing-26.90%. This overage amounts to $32,586 and is made up mostly of consultant fees related to the Pat Mayse water study. Expenses for this study are run through this department but were not specifically budgeted for so as not to artificially inflate that department's budget. Consultant expenses will be reimbursed by the City of Irving. 7. Water Production-25.37%. This overage amounts to $10,024 and consists mainly of stability pay and electricity costs. General Fund expenditures to date total 23.34% of the budget while Water & Sewer Fund expenditures to date total 16.699'0 of the budget if you do not count debt payments made out of the various interest and sinking funds. When debt is included, Water & Sewer expenditures to date would be 39.38% of the budget. Most Water & Sewer debt is paid in December and this distorts the percentage of expenditures as of December 31, 2008. SPECIAL NOTES: 1. On the Departmental Expenditure Summary, the $89,496 Police related expenditure in the Capital Projects Fund was made in connection to the CAD-Mobile Data Project. This project was approved several years ago but the approved funds are not reflected in the current budget. None of the items budgeted in the $20,000 amount have been purchased at this point. 2. On the Departmental Expenditure Summary, the line item titled "Contingency" with a budgeted amount of $304,369 consists of the $50,000 budgeted for contingencies and the $254,361 budgeted for the lump sum payment to employees. No contingency money has been spent to date while the lump sum payment was made in November. The lump sum payment is not reflected on this line item because the actual payment was charged to the salary and related benefit line items in the various departments. This was necessary in order for 2008 W-2s to reflect correct amounts. • 000017 General comments to the City Council: 1. Over 999'0 of all of the City operational activity takes place in the General Fund or the Water and Sewer 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, 1 normally only comment on the activity of the General Fund and Water & Sewer Fund. However, if it were needed, I would make comment on activity in one of the other funds. 2. 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. 3. The activity of the Health Department and Paris Economic Development Corporation is reflected in the monthly report. This is a result of the City performing the bookkeeping functions for both of these groups. Both groups have their own managing board. w 0[)()(?1S Net to Date Comparison Description December 2008 December 2007 Net to Date General Fund Taxes Collected 1,667,794.71 1,256,801.82 410,992.89 Sales Tax 1,471,214.13 1,345,244.07 125,970.06 Hotel-Motel Tax 120,915.47 104,565.42 16,350.05 Franchise Fees 804,159.15 752,780.63 51,378.52 Permits 10,389.78 19,984.25 9,594.47 Court Fines 88,472.56 100,239.12 11,766.56 Leases & Interest 53,266.68 31,940.21 21,326.47 Fees & Copies 5,084.65 3,883.92 1,200.73 Lamar Count Fire 450.00 450.00 - Streetscape-TXDOT Grant 23,058.08 23,058.08 Sanitation Fees 326,613.98 330,547.38 3,933.40 EMS Fees 636,694.73 679,187.31 42,492.58 State Revenue 15,549.60 14,259.18 1,290.42 Miscellaneous Fees 31,501.19 69,684.50 38,183.31) Summer Pro rams 2,312.30 7,385.50 5,073.20 General Fund Total Revenues 5,234,418.93 4,740,011.39 494,407.54 General Fund Total Ex enditures 5,031,837.68 4,885,612.60 146,225.08 Net to Date 202,581.25 145,601.21 348,182.46 PEDC Fund Sales Tax 294,242.81 269,048.80 25,194.01 Interest Earned 38,209.04 3,840.69 34,368.35 Loan Pa ments 114,000.00 114,000.00 - PEDC Fund Total Revenues 446,451.85 386,889.49 59,562.36 PEDC Fund Total Expenditures 287,906.21 185,321.91 102,584.30 Net to Date 158,545.64 201,567.58 43,021.94 Water & Sewer Fund Sewer 1,321,708.56 1,208,752.12 112,956.44 Water 2,011,485.60 1,974,686.91 36,798.69 Cit of Irvin 43,672.84 43,672.84 Interest Earned 11,569.18 32,545.82 20,976.64 Miscellaneous 37,984.77 116,645.32 78,660.55 W&S Fund Total Revenues 3,426,420.95 3,332,630.17 93,790.78 W&S Fund Total Expenditures 2,247,429.50 1,732,026.00 515,403.50 Net to Date 1,178,991.45 1,600,604.17 421,612.72 Capital Pro'ects Fund Interest Earned 2,515.29 2,316.84 198.45 Capital Pro'ects Fund Revenues 2,515.29 2,316.84 198.45 Ca ital Pro'ects Fund Ex enditures 237,278.02 63,087.17 174,190.85 Net to Date 234,762.73 60,770.33 173,992.40 WW&SS Rev Bond 2000 Construction Interest Earned 2,844.49 156.73 2,687.76 WW&SS Rev Bond 2000 Const Revenues 2,844.49 156.73 2,687.76 WW&SS Rev Bond 2000 Const Fund Ex enditure 40,788.70 40,788.70 December Net to Date.xls 1 /16/2009 " 000019 Net to Date Comparison Descri tion December 2008 December 2007 Net to Date Net to Date 2,844.49 40,631.97 43,476.46 Equipment Re lacement Fund Interest Earned 1,953.13 1,953.13 E ui ment Re lacement Fund Revenues 1,953.13 1,953.13 E ui ment Re lacement Fund Ex enditures 0.00 0.00 Net to Date 1,953.13 1,953.13 Special Funds Special Funds 28,585.14 32,687.04 4,101.90 Interest Earned 49.01 81.81 32.80 S ecial Revenue Funds Revenue 28,634.15 32,768.85 4,134.70 S ecial Revenue Funds Ex enditures 21,756.31 24,350.66 2,594.35 Net to Date 6,877.84 8,418.19 1,540.35 Child Safet Fund Donations - 1,423.92 1,423.92 Child Safet Fund Revenues 1,423.92 - 1,423.92 Child Safet Fund Ex enditures - Net to Date 1,423.92 - 1,423.92 Health Department Fees & Grants 311,447.43 160,886.24 150,561.19 Health De artment Fund Revenues 311,447.43 160,886.24 150,561.19 Health De artment Fund Ex enditures 209,879.70 212,547.60 2,667.90 Net to Date 101,567.73 51,661.36 153,229.09 Grant Fund Grants 194,893.90 231,260.23 36,366.33 Interest Earned - Grant Fund Revenues 194,893.90 231,260.23 36,366.33 Grant Fund Ex enditures 258,341.96 148,794.07 109,547.89 Net to Date 63,448.06 82,466.16 145,914.22 Criminal Justice Fund Interest Earned 20.55 20.55 Criminal Justice Div Grant Fd Revenues - 20.55 20.55 Criminal Justice Div Grant Fd Ex enditures - Net to Date - 20.55 20.55 Communit Develo ment Block Grant Interest Earned 1,083.73 286.62 797.11 Grants - Communi Dvl Block Grant Fd Revenues 1,083.73 286.62 797.11 Communi Dvl Block Grant Fd Ex enditures - Net to Date 1,083.73 286.62 797.11 December Net to Date.xls 1 /14/2009 . ()(10 2U Net to Date Comparison Description December 2008 December 2007 Net to Date Tax & Rev CO 2000 Const Fund Interest Earned 128.27 354.42 226.15 Grants - Tax & Rev CO 2000 Const Fund Revenues 128.27 354.42 226.15 Tax & Rev CO 2000 Const Fund Ex enditures 210.00 210.00 Net to Date 128.27 144.42 16.15 CO Series 2002 Construction Fd Interest Earned 5.32 5.32 CO Series 2002 Construction Fd Revenues - 5.32 5.32 CO Series 2002 Construction Fd Ex enditures - Net to Date - 5.32 5.32 Revenue Bonds Sinkin Funds Transfer to GO Refundin 2003 180,000.00 51,000.00 129,000.00 Interest Earned 11,126.14 15,500.00 4,373.86 Revenue Bonds Sinkin Funds Revenues 191,126.14 66,500.00 124,626.14 Revenue Bonds Sinkin Funds Ex enditures 3,056,005.03 2,982,275.66 73,729.37 Net to Date 2,864,878.89 2,915,775.66 50,896.77 Tax & Rev CO 2000 18S Fund Transfer to Tax & Rev CO 2000 128,548.13 102,608.82 25,939.31 Interest Earned 124.70 173.90 49.20 Tax & Rev CO 2000 1&S Fund Revenues 128,672.83 102,782.72 25,890.11 Tax & Rev CO 2000 I&S Fund Ex enditures 389,668.13 383,105.63 6,562.50 Net to Date 260,995.30 280,322.91 19,327.61 Tax & Rev CO 2002 18S Fund Transfer to Tax & Rev CO 2002 111,828.33 82,637.42 29,190.91 Tax & Rev CO 2002 I&S Fund Revenues 111,828.33 82,637.42 29,190.91 Tax & Rev CO 2002 I&S Fund Ex enditures 342,824.75 336,836.25 5,988.50 Net to Date 230,996.42 254,198.83 23,202.41 2003 GO Refundin Bonds Transfer to GO Refundin 2003 100,148.34 67,236.04 32,912.30 Interest Earned 520.18 520.18 2003 GO Refundin Bonds Revenues 100,148.34 67,756.22 32,392.12 2003 GO Refundin Bonds Ex enditures 46,000.00 92,000.00 46,000.00 Net to Date 54,148.34 24,243.78 78,392.12 Libra Memorial Fund Interest Earned 261.95 261.95 Memorial Donations 1,256.80 1,452.90 196.10 Libra Memorial Fund Revenues 1,256.80 1,714.85 458.05 Libra Memorial Fund Ex enditures 672.69 456.72 215.97 Net to Date 584.11 1,258.13 674.02 December Net to Date.xls 1 /14/2009 - ~I Net to Date Comparison Description December 2008 December 2007 Net to Date Libra Expendable Fund Interest Earned 144.64 70.31 74.33 Donations 5,000.00 5,000.00 Libra Ex endable Fund Revenues 144.64 5,070.31 4,925.67 Libra Ex endable Fund Ex enditures 31,278.50 31,278.50 Net to Date 144.64 26,208.19 26,352.83 Libra Permanent Fund Interest Earned - 1.23 1.23 Libra Permanent Fund Revenues - 1.23 1.23 Libra Permanent Fund Ex enditures - Net to Date - 1.23 1.23 December Net to Date.xls 1 /14/2009 . 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LO I0 f~ N aD 0] oD ~ O c0 (O a0 c'7 V O) M tC) N t~ I- O c0 v v oi ao o a cD n co 0 0 ~ oo ai co co ri v v ai v oi n oo co o 0 C L~ 'O aD O N U~ m N N N aD m N V O f~ O I- (O N c'7 f~ O t,- c0 V N O o O oo a0 ~ C] c'7 N O 00 ln ('7 In In c'7 ~ CO f~ oJ N N 07 N N O oJ f- M aD N C V O O I~ N I- (O (O O V m t- c0 f- ~ N (h O O O CO f- N V OD f~ In (D N l V aD f~ f~ c0 f- l!7 (D m~ Q ~ N c'~ O N N M ~ CO (O N V ~ (O 't ~ C ) f~ ~ m V a0 O~ M V N ~ ~ ~ h h c0 I~ ~ N tt O 00 U,) N ~ O c0 O a0 M V N m V ` CO V N ( O ~ f~ " O (O N V f~ M W (O O, W V C m ~ O M 'R ~ CO ~ 01 m I, f0 ~ ~ (O O OO m O O C c ~ 1n M L ) O ( ) 7 ~ ~ Lf] V M M N V LL) N O V N 7 0 sT ~ O ln Oi M m Q1 61 ln c0 ~ O LL <t c`~ c0 1~ N a~ a N N N N N N N N N N N N N N N N ~ N N N N N N N ~ N N V a 0- w c -o > > m C ~ U Z LL C LL _ U ~ ~ ~ L p E c , •w- Q ~y w T m V Co fq 0 . a U ~ U (0 7 n LL > > ~ J ~ ~ N C O ~ N ~ ~ 1 00 j Q N O L U N ~ C Ol > y > d f9 7 C F- N C1 O o v _ ~ > .o L a> cm B m a > .c p (L) ; a i~ .0 N ~ c N C ~ Y C ~ L C ` C ' O V C * a V a ' C W C lL 2 U y N ~ C O in c9 t C O (n O d n LL 'o C <9 - N p ~t3 C ~ a~ m m 61 rn ~ E E ctl o m a ~ ~ ~ Y ,o E ~ U 2 Q U U V E C ~ V ~ ~ ~ LL y m N C N C U C m ~ ~ ~ ~ N y ~ N N y T C 0 V ~ E m 0 C d ` k 2 (0 N E X ' ~ C G7 C C 0 ~ a j f6 ~S f0 f0 3 t0 ~ ~ y ~ U c~ t U ~ U ¢ 0 a 0 C w ~ a N a N cn cn t- c7 w O U c0 a (9 ~ ~ v) 10 O o ~ 4 3 v a X N N ~ ~ N a x w c aD E r f0 d C) 0 ~ C m G E 7 ~ d L ~ ~ C d Q x W ~ ~ ~ ~ ~ ~ ~ d ❑ 0 0 0c o o f o ~ c v o O c' v 7 o V' o V' O M o O 0 O 0 O o O M ~ o O o O v M v M P ~ M r M U 1 ~ L ~ f o ~ o 0 o 0 n n -o ~ O O O O O 0 O ~ N o h ~ a J 0 O 0 O N V( O Q O C +D ? 7 O O O O O O f O D f a ~ O O V N 7 N ( O~ D t O1 0 o D O M c D h ~ O ~ O N~ d. ~(7 ~ ~ 47 O O O O O O W I ~ f ~ NL C1 f ~ t ~ r O~ O O O c D L f7 N N O O ( O c O N N I ~ I ~ C 0 C O OL 6 O O W N O V O M O 0 0 C 3 c r M U~ N 0 N M c O 7 O C 7 O M 0 ~ N ~ N M a ~ 2 - L A ~ ~ ~ 0 0 O ~ M i O p~ c N N ~ N M - c p7 ~ I ~ O O C O O C O O O 1 - O O O O O O [ ( O < O C D O ( c7 O l M D W) N u) N O O O O ~ ~ } 1 , N W 00 o~ ( O 01 O( m O O ~ ( f O ( - O h V ~ O~ V m O O 1 ~ f ~ O O c h c ~1 O O ~ V ~ 7 ~ N W O f - 1 - ~ C 7 ~ LL) f - 1 ~ N N N N - ' e- a0 0C~ O O c '7 O ' ' O f D OO V N N OD V a D ~ N oJ N aO ( ` ) OO M aO c CO ( '7 O M N O) N O) U 7 Q ( D V ct N N N m C3 l C '7 ( 7 ( U N N O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O N O O N ~ < D N (O N m O O O O O O O O c0 ( 01 O O O O O ~ I- ~ I~ 1f7 f~ M7 1- ~ O ~ O O O O O V r- M c'7 I l O O O c0 M ('7 ~ P-~ O O IL) ~01 O N O I l17 n N LLo 0) V LL) O N LC) i~ f~ m I- m O ('7 O 00 W O O aO c7 00 ln ln U~ ln U~ W O 00 O (D a O V Lr) O) tn 01 ' d0 ~ N M N 00 ~ e- M C Ql O~ ln 1n 7 V c ~ m ch M O O O OD O 00 ~ U~ LL'7 ~ O] cD cD (D (O M fD (h (O 47 N In N O O O O O ~ V i- V h ln f0 N N I oJ O~ ~ C~ ln 00 O N O l!'1 f- LL~ f~ ln O lf) O cD c'7 CO c") O O O O 07 N W N C L ~ ~ C N M M O (h O CO (h V m N M N 00 N 00 N 0 N 0 O O p V (D c0 a) O n (O M (O 0) V' 01 M c7 00 c c N ~ N ~ U M ('7 C7 th N N 'o C~ f~ p~ Q) R N R O~ (O 0 p1 (O O) ~ O N O V' O ~ O ch O C7 ~ ~ V ~ N ~ N (3) G tn V O Q) M ('7 F7 LA O ~ I~ t17 I- ln 1~ ~ I~ (D I- (O f~ ('~J N M N d N a C N N x W LL C ~ N 7 7 N C ~ -o ~o ~ LL u' ~ y V U -p y i LL = LL 7 LL LL LL lL p C -p N O 7 G1 U ~ '?S ° a'S m C - N ~ ~ LL LL U Y C y 0] ~ 'O j p W L C 7 C C LL C LL C C C d O 0 O O O C O O O O p ~ N O C ' ~ C 7 LL 7 LL LL N T p~ LL O O N ~ y G) y d N G7 N p N p O N N O N O C 0 ~ N > (6 3 J 4 m m > > E ~ E E E ',5 > N v tA -o N p C > > (9 (9 ' - cu - ° L ~ L) > > ari o r a~i m m m U 0 c y c O ~ O V ~ O w ~ ~ o o o N 0 o~ a ~ m a~ > U m > ~ E - U o ~ o V ~ U ~ U d ~ L ~ E ` N _ a N y ' N N C 'C m - 0 X C ~ > V > m m > m ' Z > a) > m . 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V V N~ ~ ~ N V Q) N o] 0) c'O N LO LO tn ~ 0) N W tc7 ~A O O '~r 't m Y) Q1 M a1 , c0 N ~ N V M O) h a N O~ m U~ LO V a C m ~ N cO ch LO 0 p 0 -IT ~t U') tn O N N M M c'7 M ~ ~ O O c~l M N h p7 ~ cp c0 ~ 07 O M M O O ~ N N O O N N t!) ~ I- u') V V M M 1n C O~ ln tn N aD CO ' (O O O (D ' co C L~ m O ~ r p~ ~ pp ap co ~ oJ C. O O O CO (O fD CO c` ) N M N O O O O c` ) M ~ C y ~ p tn m ~ ~ (O I- I~ tn I~ 1n V ~ ~ M c'7 O) m N a N c0 V cD V ~ Q N O O M M ' c' ~ M c7 ~ m r- co v o v Ln 00 0o ao m Ln r> o m co Ln LO o o co co C~ CD O M 7 ~ (O 7 tn oJ Q7 07 c'~ d: M N N m ~ 00 a0 (O cD ~ C ~ O LO V' N N c0 oD cm M N N N LL) O f- f~ r- 1- (D I~ f0 f- I- f- r I~ N N O e- _ CO tn V ~ a w N :3 C C C I ~ C = y ~ LL > ~ > LL LL LL ~ ~ r N 'D y C T C ' ~ C C C ~ 'S ~ a2S m 0 C "O E m C N m ~ O C LL ~ Y C Y a N m 7 C p ~ _ y L ~ ~ ~ C ~ 1y C LL C N C C N C (n OO pO O 0 NO C ' m LL LL N T N J C (0 C ~ 0 7 N N E N N N W ~ N O N N O N O G ~ 16 ~ ~ ° > d L ~ E E c v -o O O O O ~ C ? ° N 0 o L o > a ~ m > o ~ ~ a r m r m - a ~ ~ C o ~ c o U ~ U U ~ V m . ~ , aD E O E ~ -a N m U o ,a ~ a a c c E r 0 ~ m m ~ > . a ° ~ o d W . ~0 ~ ~ 0 O ~ y o ~ ~ m Z ~ d a~ i ~ ~ aZ i O aZ i O a n ~r 5 a sa ~ - m ~ o . r " ~ a tn i c ~ cn v W ) 0 (n ~ E E ~ V ~ 0 ~ € ~ t > ~ V U ~ ~ ~ C m U ~ ~ tq C O C ' y ~ N ' ~ I m x ~ °6 M ° ~ c`7 ° ~ (0 ( 0 0 a ~ m m m ~ o ~ a o a 0 0 0 ~ o ~ m a ) ~ m m m o o c U fn ~ d (n = 2 2 U' 4 .I a Q C 7 H O F N ~ c\ IJ J J m N N 7 ~ C N d X w c N E ~ f0 ~ ~ ~ !0 E E 7 N ~ 3 'a C d Q x W R ~ dC .~C.+ L ~ Q. ~ 0 U? U? 00 00 N N N '0 cm V c7 M d C X ~ N N C [p :D oJ W r- r } N N ~ j M M N ~ U 7 Q U Z m m d "0 > m ~ C 3 O U ~ Q ~ C ~ U C ~ N ~ ~ N 0 Q a x w c ~i ~ r ~ o m o 'D N c a) d a W E d m m U y 2~ a ~ J J N ~ C C ~p N ~ x m N C ~ N C ~ ~ U 7 Q U N N cm N ~ } m C L (p O U ~ Q ~ C a) N ~ U C ~ N m a a w 0 N d .a E m ~ ~ 0 0 ()()00 ZJ X N N ~ ~ C N Q x w c (D E V- m n d O ~ ~ E (D U N ~