City of Justin NOVEMBER

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1 City of Justin MONTHLY FINANCIAL REPORT NOVEMBER

2 Revenues: Sales tax revenue is up 14.5% from this time prior year and November s sales tax collections increased 2.4% from November The City has collected 18.6% of its allotted property tax revenues for the FY18-19 fiscal year. All of revenues are in line with current YTD expectations. General Fund has collected 14.83% of expected revenue. The Water/Sewer System Fund has collected 23.29% of expected revenue. 2

3 $10,749, Franchise Fees General Fund Revenue By Type $115,165, Development Permits & Fees $1,893, Misc. License, Permits & Fees $23,609, Municipal Court Fines & Fees $339, Library Fees $160,000 November Property Tax Comparisons $108,757, Other Fees $140,000 $120,000 $284,948, Taxes $100,000 $80,000 $60,000 $40,000 $150,000 Sales Tax Comparison $20,000 $- Nov. 17 Nov. 18 $100,000 M&O Tax I&S Tax $50,000 $0 Oct. Nov. FY FY FY

4 October November December January February March April May June July August September October November December January February March April May June July August September October November Year Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Annual Collection FY $68,135 $90,496 $62,985 $67,261 $109,786 $69,528 $62,474 $83,061 $68,957 $67,929 $90,498 $66,712 $907,822 FY $80,595 $103,949 $89,348 $79,626 $166,021 $74,672 $68,812 $101,653 $84,016 $93,148 $91,706 $103,733 $1,137,279 FY $86,593 $136,881 $90,438 $83,135 $111,603 $86,301 $80,019 $110,238 $93,782 $96,705 $109,548 $78,827 $1,164,071 FY $95,887 $105,400 $104,571 $88,095 $114,278 $79,305 $75,328 $108,527 $93,125 $91,023 $142,055 $98,252 $1,195,845 FY $73,689 $96,918 $85,685 $87,234 $114,062 $83,229 $85,867 $100,870 $85,292 $89,806 $106,725 $115,412 $1,124,789 FY $96,065 $99,217 $195,282 $160, $140, $120, $100, $80, $60, $40, $20, $0.00 FY Sales Tax Collections Year To Date Collections $195,282 Avgerage Monthly Collection $48,821 Budgeted Revenue Projection $525,000 % of Revenue Collected 18.6% % of Monthly Collection Over the Same Month Last Year 102.4% % of YTD Collection Over the Same Time Last Year 114.5% Recent Sales Tax Collection Trends Mo. Sales Tax Collection 3 Mo. Floating Avg. 12 Mo. Floating Avg

5 Water/Sewer Revenue By Type Garbage, $30,833 Bulk Water, $7,870 Credit Card Fees, $- CSI, $2,200 Water Fees, $197,379 Water Tap Fees, $24,200 Water Impact Fees, $46,386 Sewer Impact Fees, $33,930 Water Services, $- Sewer Tap Fees, $30,400 Meter Purchase, $- Meter Set Fees, $6,600 Misc. Fees, $5,644 Reconnect Fees, $- Sewer Fees, $107,464 5

6 Expenses Each department s section below shows where each expenditure sub-category is for the year to date. Each chart has a column on the far right side of the chart that highlights each expense category in terms of the monthly allocation used. November is the 2 nd month of the 12-month fiscal year. This represents 16.67% of the total fiscal year. Each cell will be highlighted in either green, yellow, or red. Green means the category is under budget. Yellow means the category is over budget, but due to normal budgeted reasons. Red means the category is over budget and needs to be addressed. Some items highlighted green that are higher than 16.67% are green because these areas are major expenditures anticipated to be expensed in the early part of the year or have been discussed with council previously. 6

7 Admin The admin department is on budget for November. Personnel Other Benefits is higher due to the up-front costs for health insurance. Operational & Maintenance has been discussed with council during the November meeting. These are up-front costs that occur at the beginning of the year. Department: General Administration 17% SALARIES AND WAGES $353,239 $54,813 $298, % PERSONNEL OTHER BENEFITS $107,255 $24,257 $82, % PURCHASED/CONTRACTED $52,950 $648 $52, % OPERATIONAL AND MAINTENANCE $23,500 $10,694 $12, % CAPITAL OUTLAYS $16,424 $2,050 $14, % Department: Total: $553,368 $92,462 $460, % 7

8 Library Library is on budget for November. Personnel Other Benefits is higher due to the up-front costs for health insurance. Purchased/Contracted Services has been discussed with council during the November meeting. These are up-front costs that occur at the beginning of the fiscal year. Department: Library 17% PERSONNEL SALARIES AND WAGES $61,263 $9,506 $51, % PERSONNEL OTHER BENEFITS $17,509 $3,541 $13, % PURCHASED/CONTRACTED SERVICES $5,458 $3,881 $1, % OPERATIONAL AND MAINTENANCE $12,000 $253 $11, % OTHER DEPARTMENTAL COSTS $10,800 $1,045 $9, % Department: Library Total: $107,030 $18,226 $88, % 8

9 Municipal Court Municipal Court is under budget for November. Personnel Other Benefits is higher due to the up-front costs for health insurance. Operational & Maintenance has been discussed with council during the November meeting. These are up-front costs that occur at the beginning of the fiscal year. Department: Municipal court 17% PERSONNEL SALARIES AND WAGES $51,803 $8,258 $43, % PERSONNEL OTHER BENEFITS $17,143 $3,560 $13, % PURCHASED/CONTRACTED SERVICES $56,003 $1,586 $54, % OPERATIONAL AND MAINTENANCE $5,855 $1,341 $4, % OTHER DEPARTMENTAL COSTS $900 $1,475 -$ % Department: Municipal court Total: $131,704 $16,221 $115, % Other Department Costs has a payment that was booked incorrectly and will be reflected properly in next months budget report. 9

10 Police The Police Department is under budget for November. Department: Police 17% PERSONNEL SALARIES AND WAGES $525,514 $76,770 $448, % PERSONNEL OTHER BENEFITS $172,162 $31,094 $141, % PURCHASED/CONTRACTED SERVICES $52,052 $4,501 $47, % OPERATIONAL AND MAINTENANCE $40,285 $6,839 $33, % VEHICLE AND EQUIPMENT $47,320 $7,572 $39, % CAPITAL OUTLAYS $66,878 $2,748 $64, % OTHER COSTS $500 $0 $ % Department: Police Total: $904,711 $129,525 $775, % 10

11 Parks and Municipal Maintenance Parks and Municipal Maintenance is slightly over budget, but in the acceptable margin. Operational & Maintenance is over budget due to: Building Maintenance, Health and Safety, and Park & Gym Supplies, and Maintenance Supplies. This was discussed with council during the November meeting. Department: Parks & Municipal Maintenance 17% PERSONNEL SALARIES AND WAGES $267,205 $34,016 $233, % PERSONNEL OTHER BENEFITS $111,662 $19,967 $91, % PURCHASED/CONTRACTED SERVICES $74,645 $10,175 $64, % OPERATIONAL AND MAINTENANCE $87,454 $32,344 $55, % VEHICLE AND EQUIPMENT $23,500 $1,546 $21, % CAPITAL OUTLAYS $21,341 $6,480 $14, % OTHER COSTS $4,500 $2,119 $2, % Department: Parks & Municipal Maintenance Total: $590,307 $106,647 $483, % Capital Outlays is over budget due to costs associated with council directed installation of trees between Hardeman Estates and Bishop Gardens. Other Costs is over budget due to clean-up event. This line item was budgeted for 2 events during the year. 11

12 Planning and Development Planning and Development is over budget for November. Purchased/Contracted Services is the main driver for this. Personnel Other Benefits is higher due to the up-front costs for health insurance. Purchased/Contracted Services is over budget for November. Department: Planning and Development 17% PERSONNEL SALARIES AND WAGES $183,287 $28,706 $154, % PERSONNEL OTHER BENEFITS $57,714 $12,838 $44, % PURCHASED/CONTRACTED SERVICES $217,589 $50,405 $167, % OPERATIONAL AND MAINTENANCE $6,975 $1,136 $5, % VEHICLE AND EQUIPMENT $2,630 $206 $2, % OTHER COSTS $7,794 $0 $7, % Department: Planning and Development Total: $475,989 $93,292 $382, % 12

13 Non-Departmental Non-Departmental department is over budget for November. Purchased/Contracted Services is over budget due to legal services. Interlocal Services consists of the quarterly payment to the Justin Volunteer Fire Department. Department: NON-DEPARTMENTAL 17% PURCHASED/CONTRACTED SERVICES $154,074 $77,261 $76, % INTERLOCAL-SERVICES $503,743 $125,936 $377, % OPERATIONAL AND MAINTENANCE $56,453 $15,608 $40, % Department: NON-DEPARTMENTAL Total: $714,270 $218,805 $495, % Operational & Maintenance is over due to November election costs. 13

14 Wastewater Wastewater is under budget for the month of November. Personnel Other Benefits is higher due to the up-front costs for health insurance. Other Costs is over budget due to: An open Purchase order for Laboratory Expenses that covers the first 6 months of the fiscal year. This was discussed with council during the November meeting. Department: Wastewater 17% PERSONNEL SALARIES AND WAGES $224,320 $33,750 $190, % PERSONNEL OTHER BENEFITS $77,479 $17,604 $59, % PURCHASED/CONTRACTED SERVICES $66,672 $10,345 $56, % OPERATIONAL AND MAINTENANCE $31,750 $4,154 $27, % VEHICLE AND EQUIPMENT $17,095 $2,262 $14, % CAPITAL OUTLAYS $49,064 $2,329 $46, % OTHER COSTS $90,200 $18,057 $72, % Department: Wastewater Total: $556,580 $88,501 $468, % 14

15 Water Water Department is over budget for November. Personnel Other Benefits is higher due to the up-front costs for health insurance. Operational & Maintenance is over budget due to: Equipment Maintenance and uniforms. This was discussed with council during the November meeting. Department: Water 17% PERSONNEL SALARIES AND WAGES $215,258 $34,400 $180, % PERSONNEL OTHER BENEFITS $75,127 $17,561 $57, % PURCHASED/CONTRACTED SERVICES $530,172 $96,197 $433, % OPERATIONAL AND MAINTENANCE $100,025 $23,212 $76, % VEHICLE AND EQUIPMENT $13,083 $1,908 $11, % CAPITAL OUTLAYS $74,430 $41,659 $32, % OTHER COSTS $211,800 $37,715 $174, % Department: Water Total: $1,219,895 $252,651 $967, % Capital Outlays is over due to the lease purchase payment that is due in November. This was a budgeted cost and was expected. 15