Loading...
HomeMy WebLinkAbout12/03/2013 Council Presenation-Financial Update FY2014 Presentation� ��� MARANA � ^"%/ I \ �; FY2014 Financial Update - lst Quarter Erik Montague, CPA Finance Director December3, 2013 ■ Update for 1 St quarter (July - September) ■ General Fund budget in brief ■ Big three revenues — Transaction Privilege (Sales) Taxes — State Shared Revenues — Licenses, Permits 8� Fees ■ Overall status through September � :; �� � � 12/3/2013 1 12/3/2013 y. , :x . � ... . ,Cj. .....� ,5e piC!! 0 > � . ,� , '` �� � � ,��,���,� �� � � � �. . . � � r � ��� �` '� � r .�+�,� �xr,� +`�,� „�`,t ;'� +"�,�``r'` � ' ���:: � ' � ,'�, , .. � � : .. ,... .. ;t' ,r, ,t �� , ;�, ''��'�+n ..,+'�.�±', r`, ,,.:,.. � . .� � „f. �.�i,.: ..... ..,,., .... . . ..... .... . ... .. . .... ... ..._ ,...,. ,.,. ...... . Percenf� Current of Cotegory Currenf Month Currenf YTD Budgef Budgef • Represents 60% of budgeted ^^"'" S sea.�o ; z.a�o.es "$ is,aoo 16.5% revenue Coniracting 248.816.19 681,265.90 1,19d,959 57.0% Transporfafion, Communicatbns, Utiifi 315,693.31 952,719.72 3,374,515 28.2% Wholesaleirade 24,894.69 56,736.28 292,166 19.49 • Retail 3.82% higher YoY Rerai r�ade an.�ss.3� z,s33.�ao.se 9,mazzs xs.�� Restauronf & Bars 153,403.51 452.758.13 1,810,255 25.0% through first three months Fie, Insurance & Real Estate 123,448.09 362844.84 1271,318 28.59 Ho}els 801her Lodging 62,449.22 209,438.85 901,144 232% • Contracting 68.35% YoY se���es es.v3.n 23e.9az.�a 986,810 za.z� Manutacturing 9,480.83 36,039.69 145,967 24.7% higher AllOthers 12909A2 48,46722 117,962 27.29 iax Audil 193.9d 14,571.83 250,000 5.8% Tofal Revenue $ 1,860,00244 E 5.390A20.51 b 19,498.321 27.6% YearoverYear(YoY)PerceMape Chonge 80.00% . . . . . . . .. . . .. . ..... .. . . ]0.009 . . . . 68.359. . ... . . . . ... . . . . . .... . . . . 60.00% 50 00% ��. 60.00% 30 009 p 0 � 15 90% 9 62% _ 10.00% 6.28% .. 3829 ;� ,� 421% 2049 0.009 �..... '........ ....... .... ... ,,.,_,... .... Re�ail Util'it'ies Conisfr�ction Rasfauranis Insurance & Nofels Ovarall Real Esfate 4 I� . an � . ,, • � , � ,, .4i'_; ;�. � ;'�; 0 n � � �i+� F ��� T � � :�,.� � .,�r �'.�Ri+,�c�'�v.�?�'rf,�. `� ,� .r`� :' . . ,.�: f,t''.. �a�!:.� '� �. . . . . . ... . .. . � ... __ _... _... .... .._..... ...... . ...._. _ ... . . Percent • R2 f@S@IIfS 10% of bud eted Current Cuveni of P 9 Cateqorv Mon}h Current YTD Budqe} Budqet revenue SFR new permR $ 192,909.95 $ 687.513.32 $ 2,035.000 33.8% SFR ex'sting permit 194.06 4,110.87 12.500 3299 • Single Family Residential comme�o�ai �ew Perr„�r ia,oai.zs s2,asa.is 2so,000 i3.i� P@fl'T11fS Cammercial exis}ing permR 4,739.11 29,589.60 57.500 51.5% GradingpermR 4,906.95 28.901.23 72.000 40.1% • BUdgei-550 U}ilitypermits - 5,058.95 24,000 21.1% • ACfUaI — 178 Pool permB 2,874.86 15,078.62 35,000 43.1% Sign permd 3,683.77 6,698.33 15,000 44.7Y Patiowallpermtt 1,226J4 1,886.19 20,000 9.4% • Overall—withinexpectations ROWpermil B,150.00 14,091.08 22,250 63.39 Floodplain permd 104.00 1,477.00 750 196.9% Mac. permA 15.135.33 53.017.13 105,000 50.5� Franchae fees - - 325.000 0.0% Businesslicenses 10.151.00 47,609.81 139J25 34.1% Lquor licenses 25.00 575.00 5,000 11.5� Aggregate mining fee - 1,420.35 75.000 1.9`Yo Bank protec}bn fee 500 0.0% To}al Revenue $ 258.142.02 $ 929.861 61 $ 3.194,225 29.1� Single Family Residence Building Permits 2,000 ... ),832..... _. ......... . . ey Fiscal Year . . . .. . .. . ...... 1,600 - 1.218 � 1.200 800 744 692 � 353 198 342 295 425 78 550 400 --� ; .. ' ' . � � �; p '�'i'� . .- „. � �_:. �'; �`_,`». � _... . �.._. > . 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2014 5 Budge} 12/3/2013 3 12/3/2013 FY2014 Percent Revenues Curren} Monih Yeario Dafe Budgef of Budgef Sales fax revenues $ 1,860,002.44 $ 5,390,020.51 $19,498,321 D.6% Interqovernmentalrevenues 671,587.49 2.037,971.68 8,244,233 247% Licenses, fees & permits 258J42.02 929,881.61 3J94,225 29.1% Charpesforservices 47,071.54 117,384.10 396,701 29.6% Fines and fortei}ure 43730.48 149,166.45 625,000 239% Granis and con}nbutions 6,353.88 33,411 AS 116,525 28.7% Invesiment income - 6,454.22 100,000 6.5% Miscellaneousrevenues 37,415.69 88,109J1 504,570 17.5% TofalRevenue Expendifures Personnel & benefits Coniracted services Operafinq supp6es & equip Capi}al outlay Transfers oui To}al ExpenditUreS 2,924,303.54 8,752,399J3 32,679,575 26.8% 1,631,094.22 4,922,919.75 22,036,602 22.3% 272,390.65 860,267.73 4,194,213 20.5% 163,368.39 444,797.37 3,925,092 11.3% 5,99778 24,714.43 1,298,032 19% 2,725,636 0.0% $ 2,072,851.04 $ 6,252,69928 $34,179,575 18.3% Net Revenues Over/�Under) Expendi}ures $ 851,452.50 $ 2,499,700.45 $ I1,500,0001 -166b% 4