Loading...
06-2019 General Fund Preliminary as of 6-30-19FY 19 Original FY 19 Revised Current YTD % of Prior Year Actual Budget Budget Jun-19 budget Jun-18 FYE 9-30-18 Taxes Ad-Valorem Taxes 15,941,051$ 15,941,051$ 15,901,547$ 99.75% 14,660,390$ 15,003,141$ Utility Service Taxes 2,478,772 2,478,772 1,810,682 73.05% 1,845,103 2,511,876 Franchise Fees 1,227,209 1,227,209 938,256 76.45% 933,213 1,294,280 Sales & Use Taxes 311,598 311,598 234,082 75.12% 228,941 302,207 Licenses and permits 980,100 980,100 1,263,564 128.92% 995,682 1,222,594 Intergovernmental 1,500,382 1,500,382 1,192,856 79.50% 1,137,476 1,482,113 Charges for services 2,345,560 2,345,560 2,086,875 88.97% 1,877,385 2,210,437 Fines and forfeitures 72,800 72,800 73,474 100.93% 73,073 90,559 Investment ①95,530 95,530 264,553 276.93% 53,461 112,809 Miscellaneous②24,800 24,800 364,217 1468.62% 361,557 412,519 Total Revenues 24,977,802 24,977,802 24,130,106 96.61% 22,166,281 24,642,535 Expenditures General Government Village Council 141,810 144,060 103,599 71.91% 97,957 123,670 Village Manager 753,749 753,749 559,112 74.18% 462,214 635,682 Human Resources 397,028 403,869 300,656 74.44% 290,369 382,413 Finance 670,763 670,763 522,653 77.92% 483,950 642,406 Information Technology 416,442 419,513 321,710 76.69% 281,482 380,231 Village Attorney 160,000 160,000 175,890 109.93% 137,088 185,703 Village Clerk 435,719 435,719 294,051 67.49% 300,445 394,365 Non-Departmental 258,077 258,077 196,296 76.06% 174,041 205,174 General Services-Village Hall 114,220 114,220 75,946 66.49% 78,640 103,984 Police and Fire Police 6,016,983 6,016,983 4,791,298 79.63% 4,343,615 5,948,290 Fire Rescue 3,539,242 3,549,137 2,644,272 74.50% 2,470,299 3,364,370 General Services-Police & Fire 115,650 115,650 61,376 53.07% 91,093 118,949 Public Works Public Works Admin 416,827 452,100 334,688 74.03% 294,429 410,744 Sanitation ②1,747,263 1,747,263 1,216,506 69.62% 1,204,125 1,594,094 Facility Services 842,618 859,039 726,603 84.58% 638,312 863,635 Streets & Grounds 1,750,778 1,805,127 1,239,952 68.69% 1,224,616 1,711,740 Vehicle Maintenance 526,342 526,342 391,497 74.38% 345,665 484,973 Community Development Community Planning 488,662 597,460 313,786 52.52% 294,693 464,295 Building 924,877 930,461 631,626 67.88% 618,634 826,892 Code Enforcement 245,384 245,384 151,303 61.66% 105,427 144,582 Liesure Services Library 854,980 854,980 655,098 76.62% 636,371 835,984 Parks and Recreation 1,138,618 1,138,618 755,457 66.35% 719,643 971,021 Pool 164,929 164,929 131,618 79.80% 147,473 206,249 Special Events 101,000 101,000 54,770 54.23% 62,463 63,566 Tennis 558,174 581,155 452,191 77.81% 413,127 536,839 Other Government Contingency / Other 361,331 487,300 94,879 19.47% 518,891 635,579 Debt Service 1,431,336 1,431,336 1,368,861 95.64% 1,293,101 1,293,101 Total Expenditures 24,572,802 24,964,234 18,565,696 74.37% 17,728,161 23,528,529 Excess of revenues over expenditures 405,000 13,568 5,564,411 4,438,119 1,114,005 Other financing sources (uses) Debt Proceeds / Capital Lease Acquisition - 826,943 826,943 ③- - Appropriated fund balance - 391,432 - - - Transfer in - Capital Lease Expenditure (826,943) (826,943) ③ Transfer out (405,000) (405,000) (405,000) (492,799) (4,963,307) Total other financing uses (405,000) (13,568) (405,000) (492,799) (4,963,307) Net change -$ -$ 5,159,411$ 3,945,320$ (3,849,302)$ ① ②Sanitation truck buy/sell (Revenue = $210k; Expense = $217k); Insurance Refunds $60k ③Vehicle lease acquisition reflected as an expenditure & other financing source for financial reporting purposes only; no net income effect. Revised Budget 26,196,177 Less: Original Budget (24,977,802) Budget Amendments 1,218,375 Budget Amendments: Open P.O. Carryover 391,432 Capital Lease 826,943 Total Budget Amendments 1,218,375 The Village of North Palm Beach Preliminary General Fund Budget Summary Millage Rate = $7.50 mils Over 90% of Ad-Valorem Tax Revenue is received in first 6 months of fiscal year. Funds are invested in accordance with the Investment Policy.