Comprehensive Monthly Financial Report (Unaudited)

Transcription

1 The City of Greenville Finance Department is dedicated is to dedicated excellence to in excellence local government, in local government, comprehensive fiscal management, compliance, and reporting. The Comprehensive comprehensive Monthly Financial fiscal Report s management, aim is to provide compliance, our audience and (internal reporting. and The external Comprehensive users), with Monthly the general Financial awareness of the City s financial positions and economic activity. Report s aim is to provide our audience (internal and external users), with the general awareness of the City s financial positions and economic activity. Comprehensive Monthly Financial Report (Unaudited) As of March 31, 2015

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3 SECTION 1 FINANCIAL ANALYSIS City of Greenville Comprehensive Monthly Financial Report This report is designed for internal use and does not include all of the funds and accounts that are included in the City of Greenville s operations. For a complete report, refer to the City of Greenville Comprehensive Annual Financial Report, available on the City of Greenville s website and through the City s Finance Department. 1

4 Report Notes March 2015 The information presented in this report provides a summary of the General Fund, Water and Sewer Fund, Solid Waste Fund, and other selected Funds revenues and expenditures/expenses which offers readers an overview of the City of Greenville s finances. This section compares year to date activity in the current Fiscal Year to the same time period in prior year. Please note that beginning fund balances in all funds are subject to final audit adjustments. The graphs below represent year to date revenues and expenditures/expenses as a percent of the budget comparing the current and prior Fiscal Year. Through March, the Fiscal Year is 50% complete. GENERAL FUND Revenue General Fund Revenues $ Mil 67% 63% Ad Valorem Taxes $8.228 Mil Non-Property Fees & Taxes $5.203 Mil 49% 45% 93% 90% All Other Revenues $1.537 Mil 51% 47% 0% 20% 40% 60% 80% 100% Through March, total General Fund revenues are at $14,969,259 or 67% of expected collections. Total revenues increased $1,844,398 over last Fiscal Year. 2

5 Ad Valorem Taxes (Property Tax) Report Notes Continued March 2015 Collections of ad valorem tax revenues are $8,228,637 or 93% of expected collections and are increased $792,301 over last Fiscal Year. Increased Property Tax revenue, this Fiscal Year, is primarily attributable to two factors. (1) A higher M&O (General Fund) tax rate; the FY 2014 M&O rate of $ was increased by $ for a new M&O rate of $ (2) A 9.35% increase in the City s certified taxable value from $1,372,549,865 in FY 2014 (net of captured TIRZ s) to $1,500,888,973 for FY $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $- FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 as of March 31, 20XX $6,886,872 $7,429,064 $7,844,510 $7,436,336 $8,228,637 Total FY Activity $7,828,126 $8,011,218 $8,499,032 $8,131,058 $8,228,637 Total Budget $7,863,617 $8,093,400 $8,515,208 $8,240,381 $8,862,225 Sales Tax Sales tax revenues through March are $3,192,445 or 51% of budgeted expectations. This amount represents an increase $272,357 or 4.56% over FY 2014 collections. FY15 Sales Tax Projections Collection Scenario 1 Budgeted Revenue (at budget remainder of year) 2 Flat Revenue (same as last year) 3 Up 1% (1% higher than last year) 4 Up 2% (2% higher than last year) 5 Up 3% (3% higher than last year) Forecasted FY 15 Total Collections Forecasted Inc / (Dec) Compared to Forecasted Inc / (Dec) Compared to by Scenario FY 14 Actuals FY 15 Budget $6,363,622 $308, % $117, % $6,274,400 $219, % $27, % $6,310,750 $256, % $64, % $6,347,100 $292, % $100, % $6,383,450 $328, % $136, % 3

6 Report Notes Continued March 2015 Sales Tax History Last 10 Fiscal Years FY October November December January February March April May June July August September Total 2005 $347,535 $380,061 $527,230 $335,767 $332,794 $432,212 $372,743 $383,641 $436,680 $377,137 $359,932 $410,204 $4,695, $346,522 $372,446 $543,635 $313,470 $335,563 $490,107 $380,073 $394,773 $464,562 $429,915 $386,304 $435,303 $4,892, $391,680 $387,509 $578,286 $361,497 $362,282 $535,105 $405,700 $396,065 $481,762 $408,530 $403,385 $459,469 $5,171, $383,845 $396,345 $580,376 $393,575 $365,053 $480,003 $402,205 $434,987 $489,725 $427,953 $404,191 $485,353 $5,243, $406,510 $405,151 $562,587 $355,248 $412,780 $484,140 $398,600 $412,062 $488,768 $406,340 $435,945 $461,028 $5,229, $402,048 $425,561 $603,243 $397,570 $378,829 $519,607 $431,907 $430,035 $509,827 $430,554 $436,816 $479,525 $5,445, $384,602 $365,174 $582,928 $383,980 $396,519 $514,223 $403,750 $388,448 $490,506 $420,301 $407,276 $468,964 $5,206, $406,853 $393,397 $545,358 $392,736 $435,621 $509,821 $442,962 $427,449 $527,239 $460,074 $450,824 $491,435 $5,483, $439,080 $480,180 $607,383 $410,000 $454,027 $528,447 $447,444 $479,895 $544,524 $499,448 $455,764 $497,766 $5,843, $475,574 $461,921 $604,836 $425,908 $451,384 $559,729 $510,828 $501,214 $547,271 $489,537 $474,233 $552,192 $6,054,628 Franchise Fees Through March Franchise Fee revenues are $1,918,190 or 45% of expected collections and are increased $330,480 over prior year. Franchise Fee collections are anticipated to meet budgeted expectations at the end of the FY. Telephone $34,721 Water $310,095 Natural Gas $83,527 Sanitation $107,900 Cable $176,816 FRANCHISE FEES Electric $1,205,132 4

7 Report Notes Continued March 2015 Other Revenue Total License & Permits: Receipts are above budgeted expectations at 65% and have increased $324,274 over prior year. Higher collections of permits (both misc. and construction), licensing and inspection fees, and airport permitting & fees are driving the increase over prior year. Total Municipal Court Fines: Revenues finished March at $136,275 or 40% of anticipated collections and were decreased $(48,270) from prior year. Total Library Fines: Year to date collections ended the month lower than budgeted expectations, at 41%, and were decreased $(312) from March Total Fees & Service Charges: Collections are at 40% of budget and are decreased $(12,003) from prior year. While fees for security alarms, fire inspections, and animal shelter drop offs are higher than budgeted and exceeding prior year; fire code fees and municipal court cost fees are lower than planned and decreased from prior year. Total Sales & Income: This category ended March at $61,042, or 68% of budget, and was increased $12,085 over prior year. Interest revenues and the rebate received on the City s P-Card program were both higher than budgeted projections, through March, and increased over prior year. Total Intergovernmental Revenue: Collections, through March, are below budgeted expectations at 43% but are increased $20,030 over prior year. 5

8 Report Notes Continued March 2015 Expenditures General Fund Expenditures $ Mil General Government $991 Thous City Attorney $38 Thous Public Safety $6.172 Mil Public Works $749 Thous Community Development $370 Thous Culture/Recreation $873 Thous Other Expenditures $2.086 Mil 19% 35% 51% 48% 57% 56% 46% 51% 51% 45% 49% 45% 50% 46% 46% 58% % 10% 20% 30% 40% 50% 60% 70% Through March, General Fund expenditures + encumbrances are at $11,282,157 or 51% of budgeted expectations. Total expenditures + encumbrances increased $1,128,546 over prior year. General Government expenditures + encumbrances, fiscal year to date, are $991,390 or 57% of budgeted expectations and are increased $13,080 over prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget CITY COUNCIL $ 22,987 $ 253 $ 6,558 $ 6, % CITY SECRETARY 160,684 12,995 83,770 83, % MUNICIPAL COURT 295,473 19, , , % CITY MANAGER 297,609 20, , , % FINANCE 502,014 29, , , % TAX 218,204 50, , , % HUMAN RESOURCES 254,663 19, , , % $ 1,751,633 $ 154,000 $ 877,799 $ 991, % The City Secretary department is currently over budgeted expectations at 52% and is increased $4,071 over March The Finance department, at 55% of budget, is increased $7,863 over March The variance to budget is related to 100% of audit expenditures already recorded as well as higher than anticipated expenditures for both postage and advertising. 6

9 Report Notes Continued March 2015 Encumbrances for appraiser and collector services are why the Tax department shows to be at 100% of budget. The Human Resources department is currently over budgeted expectations at 51% but is decreased $(13,933) from prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget CITY ATTORNEY 201,900 9,270 38,003 38, % $ 201,900 $ 9,270 $ 38,003 $ 38, % The City Attorney department expenditures + encumbrances, through March, are at 19% of budgeted expectations and are decreased $(54,203) from prior year. o At the end of March the City has only received invoices through the December billing cycle from the City Attorney; this explains the variance both to budget and prior year. The Public Safety category includes the Police and Fire Departments. Expenditures + encumbrances, through March, are ahead of budgeted expectations at 51% and are increased $161,664 over prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget POLICE ADMINISTRATION 477,873 37, , , % CRIMINAL INVESTIGATION 1,115,503 85, , , % PATROL 4,286, ,248 2,138,627 2,160, % SUPPORT SERVICES 1,195,895 85, , , % TACTICAL OPERATIONS 32,235 4,581 14,931 18, % FIRE ADMINISTRATION 375,002 33, , , % FIRE OPERATIONS 4,531, ,630 2,301,975 2,308, % FIRE PREVENTION 137,316 9,457 63,555 63, % EMERGENCY MANAGEMENT 15, ,774 11, % $ 12,167,174 $ 910,017 $ 6,139,818 $ 6,172, % The Criminal Investigation department is currently over budgeted expectations at 51% and is increased $61,228 over March Salary and benefit expenditures are both ahead of budget and increased over prior year. While the Support Services department is ahead of budget, at 51%, expenditures are decreased $(20,557) from March The Tactical Operations department, at 58% of budget, is increased $1,341 over prior year. Expenditures for ammunition and special ops equipment are both ahead of budget through March. Emergency Management department expenditures, through March, are at 76% of budget but are $(305) less than prior year. The variance to budget is related to 100% of hardware / software expenditures already recorded. 7

10 Report Notes Continued March 2015 Public Works expenditures + encumbrances, through March, are below budgeted expectations at 45% and are decreased $(64,322) from prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget PUBLIC WORKS ADMINISTRATION 194,986 14,221 94,159 94, % STREETS 850,948 52, , , % TRAFFIC 467,092 34, , , % ENGINEERING 159,281 12,081 78,706 78, % $ 1,672,307 $ 113,251 $ 704,421 $ 749, % Through March Community Development expenditures + encumbrances are at 45% and are decreased $(11,090) from prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget PLANNING 98,665 6,865 34,339 34, % AIRPORT PERMITTING 61,142 4,639 20,536 20, % CODE ENFORCEMENT 386,238 23, , , % ABATEMENT MOWING % ANIMAL CONTROL 286,121 20, , , % $ 832,167 $ 56,069 $ 370,754 $ 370, % Culture / Recreation expenditures + encumbrances, through March, are below budgeted expectations at 46% and are decreased $(7,181) from prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget PARKS AND RECREATION 1,253,491 82, , , % LIBRARY 554,028 39, , , % MAIN STREET 87,165 6,445 45,445 45, % $ 1,894,684 $ 127,801 $ 794,816 $ 873, % The Main Street department is currently over budgeted expectations at 52% and is increased $2,324 over March Total Non-Department expenditures + encumbrances, through March, are at 82% of budgeted expectations and are increased $141,915 over prior year. Payouts for accrued vacation and sick time (to employees who retired this year) explain both the variance to budget and increase over prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget NON DEPARTMENT 396,590 9, , , % $ 396,590 $ 9,212 $ 307,659 $ 324, % 8

11 Report Notes Continued March 2015 Total Transfers/Cost Allocations, at 55% of budget, is increased $948,684 over prior year. Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget TRANSFERS 1,946, ,197 1,123,179 1,123, % COST ALLOCATIONS 1,276, , , , % $ 3,222,944 $ 243,579 $ 1,761,472 $ 1,761, % The variance to budget reflects Transfers for both the Fire Station and Fire Truck Sinking Funds (pay-as-you-go transfer); both of these have been 100% transferred for the FY. City of Greenville, Texas - Aggregate General Obligation Debt Description Authorized & Issued O/S 9/30/2014 Issued FY FY Retired O/S 3/31/2015 General Obligation Refunding Bonds, Series 2006 $ 17,855,000 $ 14,185,000 $ - $ 1,430,000 $ 12,755,000 General Obligation Refunding Bonds, Series ,425,000 10,315, ,000 9,490,000 Combination Tax & Revenue Certificates of Obligation, Series ,795,000 5,310,000-65,000 5,245,000 General Obligation Refunding Bonds, Series ,860,000 9,065, ,000 8,250,000 Combination Tax & Revenue Certificates of Obligation, ,425,000 2,245, ,000 2,035,000 General Obligation Bonds, Series ,065,000-5,065,000-5,065,000 General Obligation Refunding Bonds, Series ,924,000-1,924,000 48,000 1,876,000 General Obligation Bonds, Series ,535,000-7,535,000-7,535,000 Total $ 62,884,000 $ 41,120,000 $ 14,524,000 $ 3,393,000 $ 52,251,000 The City has entered into lease agreements as lessee for financing the acquisition of public safety equipment, vehicles, software, and a communications system. The City currently has one lease and four lease purchase agreements outstanding, the details are as follows: Lease Pitney Bowes Mail Machine Purchase Aerial Fire Truck Purchase Financial - Utility Software Purchase Ticket Writer Software & Equipment Purchase 37 Dell Latitude Notebooks Total of Lease Payments Fiscal Year Principal Interest Total Payments 2015 $182,349 $17,784 $200, ,507 11, , ,717 7,695 83, ,875 4,043 66, ,072 1,125 54,197 $494,519 $42,187 $536,707 9

12 Report Notes Continued March 2015 WATER & SEWER FUND Revenue Water & Sewer Fund Revenues $6.209 Mil 49% 49% Sales & Income Water $2.874 Mil Sales & Income WasteWater $2.796 Mil 47% 49% 48% 48% Other Fees, Charges & Sales $538 Thous 66% 58% 0% 20% 40% 60% 80% 100% In total, Water & Sewer Fund revenues, through March, are $6,209,183, or 49% of budgeted expectations, and are increased $325,859 over prior year. Metered Sales- Water, through March, is at 47% of expected collections and is increased $125,607 over March Collection of Sewer Fees, through March, is at 48% of budgeted expectations and is increased $101,004 over prior year. Other Fees, Charges & Sales are $538,497 or 66% of budgeted expectations through March and are increased $99,247 over prior year. 10

13 Report Notes Continued March 2015 Expenses Water & Sewer Fund Expenses $8.067 Mil Utility Admin. $83 Thous 61% 60% 54% 54% Water Prod./Dist. $2.477 Mil Wastewater Coll./Trmt. $1.179 Mil 48% 49% 72% 68% Debt Svc. $1.287 Mil 86% 85% Other Expenses $3.039 Mil 54% 52% 0% 20% 40% 60% 80% 100% In total, Water & Sewer Fund expenses + encumbrances are $8,067,918 and are at 61% of budgeted expectations through March. Total expenses + encumbrances are increased $892,729 over prior year. The Water / Wastewater Administration department is currently over budgeted expectations at 54%; however, expenses are decreased $(4,883) from March The Water Treatment department, at 82% of budgeted expectations, is increased $152,465 over prior year. The variance to budget, at this time, is related to encumbrances for such items as the Sabine River Authority contract, chemical supplies, reservoirs/storage tanks, and structures/ filtration plant. Total Debt Service Costs at $1,287,557, or 86% of budget, reflect February debt service Principal and Interest payments. o The remaining 14% of budget will be used in August for debt service Interest payments. o The Debt Service department does not include utility self-supporting debt which is transferred to the Debt Service fund; that amount is recorded in the Transfers department. 11

14 Report Notes Continued March 2015 Total Non-Department expenses, at 242% of budgeted expectations, are increased $96,178 over prior year. Increases from prior year include property/liability insurance expense and bad debt expense. o Bad debt expense is recalculated on a monthly basis; this amount is expected to decrease significantly next month due to the timing of billings and collection of accounts receivable. City of Greenville, Texas - Aggregate Water & Sewer Revenue Debt Description Authorized & Issued O/S 9/30/2014 Issued FY FY Retired O/S 3/31/2015 Waterworks & Sewer System Revenue Bonds, Series 2005 $ 3,115,000 $ 145,000 $ - $ 145,000 $ - Waterworks & Sewer System Revenue Bonds, Series ,000,000 16,630, ,000 15,750,000 Waterworks & Sewer System Revenue Bonds, Series , ,000-15, ,000 Total $ 23,420,000 $ 17,020,000 $ - $ 1,040,000 $ 15,980,000 SOLID WASTE FUND Revenue Solid Waste Fund Revenues $1.920 Mil 55% 51% Collection Charges $1.127 Mil Disposal Charges $620 Thous 53% 50% 56% 50% Other Fees, Charges & Sales $172 Thous 66% 56% 0% 20% 40% 60% 80% 100% The Solid Waste Fund accounts for revenues and expenses related to the waste that is collected by Progressive Waste Solutions and disposed of at Maloy Landfill, the City s waste collection and disposal contractors. In total, year to date revenues for the Solid Waste Fund are $1,920,036 or 55% of budget and are increased $208,808 over prior year. 12

15 Report Notes Continued March 2015 Expenses Solid Waste Fund Expenses $1.697 Mil 50% 48% Collection Charges $1.002 Mil Disposal Charges $411 Thous 50% 53% 50% 43% Other Charges $283 Thous 48% 42% 0% 20% 40% 60% 80% 100% In total, Solid Waste Fund expenses + encumbrances through March are $1,697,411 or 50% of budgeted expectations. Total expenses + encumbrances increased $79,563 over prior year. City of Greenville - Residential Recycling % Participation Avg Lbs / Pickup

16 Report Notes Continued March 2015 City Of Greenville - Residential Recycling Month Average Homes Recycling Pickups Total Residential Pickups % Participation Tons Lbs. Avg Lbs. / Pickup Oct 13 1,775 7,685 34, , Nov 13 1,777 7,693 34, , Dec 13 1,777 7,600 33, , Jan 14 1,809 7,832 33, , Feb 14 1,640 7,100 33, , Mar 14 1,813 7,850 33, , Apr 14 2,044 8,850 34, , May 14 2,061 8,925 34, , Jun 14 1,813 7,850 34, , Jul 14 1,755 7,600 34, , Aug 14 1,846 8,000 34, , Sep 14 1,985 8,600 34, , Oct 14 2,031 8,800 34, , Nov 14 1,846 8,000 34, , Dec 14 2,123 9,200 34, , Jan 15 2,019 8,750 34, , Feb 15 1,846 8,000 34, , Mar 15 2,123 9,200 34, , Avg Total 1,894 8,196 34, ,

17 SECTION 2 FINANCIAL SUMMARY City of Greenville Comprehensive Monthly Financial Report This report is designed for internal use and does not include all the funds and accounts included in the City of Greenville s operations. For a complete report, refer to the City of Greenville Comprehensive Annual Financial Report, available on the City of Greenville s website and through the City s Finance Department. 15

18 Monthly Financial Council Report General Fund- Revenues (Unaudited) For the Period Ending % of the Fiscal Year Complete Original Total Budget Fund: GENERAL FUND Revenue Total Ad Valorem Taxes $ 8,862, ,240, ,515,208 Total Non-Prop Fees & Taxes $ 10,608, ,998, ,388,474 Total License & Permits $ 705, , ,000 Total Municipal Court Fines $ 341, , ,000 Total Library Fines $ 14, , ,000 Total Fees & Srvc Charges $ 256, , ,011 Total Sales & Income $ 90, , ,400 Total Intergovernmental Revenue $ 327, , ,195 Total Interfund Transfers $ 45, , ,288 Total Cost Allocation-City $ 826, , ,840 Total Cost Allocation-GEUS $ 397, , ,693 FY $ 22,473,845 FY $ 20,698,748 FY $ 20,593,109 Current Total Budget MTD Activity YTD Activity & Encumbrances Budget Remaining % Budget Increase / (Decrease) from prior year $ 8,862,225 $ 157,817 $ 8,228,637 $ 633,588 93% $ 792,301 8,240, ,445 7,436, ,045 90% (408,174) 8,515, ,475 7,844, ,698 92% $ 10,608,371 $ 1,259,663 $ 5,203,315 $ 5,405,056 49% $ 678,129 9,998,536 1,033,702 4,525,186 5,473,350 45% (37,331) 9,388, ,247 4,562,517 4,825,957 49% $ 705,222 $ 136,149 $ 455,050 $ 250,172 65% $ 324, ,370 6, , ,594 40% (89,989) 297,000 39, ,765 76,235 74% $ 341,458 $ 20,669 $ 136,275 $ 205,183 40% $ (48,270) 365,210 42, , ,664 51% 24, ,000 30, , ,738 42% $ 14,097 $ 1,070 $ 5,848 $ 8,249 41% $ (312) 15,521 1,358 6,160 9,361 40% (521) 16,000 1,236 6,681 9,319 42% $ 256,302 $ 13,996 $ 102,729 $ 153,573 40% $ (12,003) 288,345 21, , ,613 40% 11, ,011 17, , ,029 34% $ 90,209 $ 11,405 $ 61,042 $ 29,167 68% $ 12, ,083 (1,234) 48,957 67,126 42% 3,923 69,400 3,276 45,034 24,366 65% $ 327,114 $ 19,051 $ 141,939 $ 185,175 43% $ 20, ,785 11, , ,876 52% 9, ,195 7, , ,899 48% $ 45,000 $ 3,750 $ 22,500 $ 22,500 50% $ - 45,000 3,750 22,500 22,500 50% (103,144) 251,288 20, , ,644 50% $ 826,041 $ 68,837 $ 413,021 $ 413,021 50% $ 46, ,442 61, , ,221 50% (24,199) 780,840 65, , ,420 50% $ 397,806 $ 33,151 $ 198,903 $ 198,903 50% $ 31, ,075 27, , ,537 50% (13,309) 361,693 30, , ,847 50% $ 22,473,845 $ 1,725,556 $ 14,969,259 $ 7,504,586 67% $ 1,844,398 $ 20,698,748 $ 1,346,137 $ 13,124,861 $ 7,573,887 63% $ (627,097) $ 20,593,109 $ 1,383,615 $ 13,751,958 $ 6,841,151 67% 16

19 Monthly Financial Council Report General Fund- Expenditures (Unaudited) For the Period Ending % of the Fiscal Year Complete Fund: GENERAL FUND Original Total Budget Expenditures General Government $ 1,751, ,733, ,859,494 City Attorney $ 201, , ,000 Total Public Safety $ 12,167, ,826, ,608,279 Total Public Works $ 1,672, ,668, ,696,343 Total Community Development $ 832, , ,368 Total Culture/Recreation $ 1,894, ,924, ,010,253 Total Non Department $ 396, , ,658 Total Transfers/Cost Allocations $ 3,222, ,615, ,189,676 FY $ 22,139,399 FY $ 20,899,565 FY $ 20,783,071 Current Total Budget MTD Activity YTD Activity & Encumbrances Budget Remaining % Budget Increase / (Decrease) from prior year $ 1,751,633 $ 154,000 $ 991,390 $ 760,244 57% $ 13,080 1,733, , , ,075 56% (88,840) 1,857, ,960 1,067, ,844 57% $ 201,900 $ 9,270 $ 38,003 $ 163,897 19% $ (54,203) 200,000 13,450 92, ,794 46% 7, ,000 15,429 84, ,763 42% $ 12,167,174 $ 910,017 $ 6,172,037 $ 5,995,137 51% $ 161,664 11,826, ,561 6,010,374 5,816,277 51% 99,851 11,608, ,652 5,910,523 5,698,256 51% $ 1,672,307 $ 113,251 $ 749,879 $ 922,427 45% $ (64,322) 1,668, , , ,943 49% (166,435) 2,717, , ,637 1,737,261 36% $ 832,167 $ 56,069 $ 370,754 $ 461,412 45% $ (11,090) 769,554 57, , ,710 50% (69,731) 976,563 68, , ,988 46% $ 1,894,684 $ 127,801 $ 873,779 $ 1,020,905 46% $ (7,181) 1,928, , ,961 1,047,593 46% (107,086) 2,010, , ,046 1,022,707 49% $ 396,590 $ 9,212 $ 324,841 $ 71,749 82% $ 141, ,030 60, ,926 49,104 79% (6,295) 265,658 8, ,221 76,437 71% $ 3,222,944 $ 243,579 $ 1,761,472 $ 1,461,472 55% $ 948,684 2,615, , ,789 1,802,288 31% 217,951 1,189,676 99, , ,838 50% $ 22,139,399 $ 1,623,198 $ 11,282,157 $ 10,857,243 51% $ 1,128,546 $ 20,973,395 $ 1,574,390 $ 10,153,611 $ 10,819,784 48% $ (112,615) $ 20,827,321 $ 1,457,571 $ 10,266,226 $ 10,561,095 49% 17

20 City of Greenville, TX Monthly Council Report Attorney Fees (Unaudited) For the Period Ending % of the Fiscal Year Complete Total Budget YTD Activity Actual/Budget GENERAL FUND * SPECIAL REVENUE FUNDS GENERAL CAPITAL PROJECTS FUNDS WATER AND SEWER FUND AIRPORT FUND GOLF FUND SANITATION FUND Report Total: $ 200,000 $ 38,003 19% 200,000 92,206 46% 200,000 84,237 42% $ - $ 246 0% % - - 0% $ - $ 512 0% - 1,735 0% - - 0% $ 4,500 $ 16, % 7,000 9, % 10,000 2,160 22% $ 3,000 $ % 49,900 42,569 85% 137,997 39,807 29% $ - $ - 0% - - 0% 750-0% $ - $ - 0% - - 0% - - 0% $ 207,500 $ 56,433 27% $ 256,900 $ 146,555 57% $ 348,747 $ 126,204 36% *At the end of March the City has only received invoices through the December billing cycle from the City Attorney 18

21 City of Greenville, TX Monthly Council Report Public Safety- Overtime (Unaudited) For the Period Ending % of the Fiscal Year Complete Total Budget YTD Activity Actual/Budget POLICE ADMINISTRATION CRIMINAL INVESTIGATION PATROL SUPPORT SERVICES Police Department Total: $ 2,396 $ (8) 0% 2,564 1,669 65% 2,550 1,921 75% 40,535 31,841 79% 35,007 12,006 34% 33,007 31,447 95% 189, ,788 68% 180, ,796 60% 184, ,212 67% 39,875 50, % 41,291 45, % 37,028 59, % $ 272,443 $ 212,262 78% $ 259,325 $ 166,841 64% $ 256,910 $ 216,236 84% Total Budget YTD Activity Actual/Budget FIRE ADMINISTRATION $ 1,271 $ - 0% - - 0% - - 0% FIRE OPERATIONS $ 325,119 $ 176,307 54% 314, ,293 52% 313, ,852 45% FIRE PREVENTION ,810 2,150 37% 4,640 2,315 50% 4, % Fire Department Total: Report Total: $ 332,200 $ 178,457 54% $ 319,540 $ 167,609 52% $ 318,541 $ 142,733 45% $ 604,643 $ 390,718 65% $ 578,865 $ 334,450 58% $ 575,451 $ 358,969 62% 19

22 Special Revenue Funds For the Month Ending March 31, 2015 Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget Beginning Fund Balance: $ 1,106,201 Revenue CHILD SAFETY FUND EXCHANGE BUILDING FUND RECREATION ACTIVITIES FUND $ 27, , ,273 $ 66 47,694 10,815 $ 5, ,469 28,826 $ 5, ,469 28,826 20% 55% 22% GUN RANGE FUND HOTEL / MOTEL OCCUPANCY TAX FUND 15, , ,116 3, ,452 3, ,452 26% 48% VENUE MANAGEMENT FUND 361,920 2, , ,071 39% SPENCE FUND 3, % POLICE SEIZURE FUNDS (STATE & FEDERAL) 50, ,493 1,493 3% TIRZ FUND 304,617 7, , ,072 73% Total Revenue: Expense $ 2,029,667 $ 126,612 $ 988,003 $ 988,003 49% CHILD SAFETY FUND EXCHANGE BUILDING FUND RECREATION ACTIVITIES FUND $ 26, , ,780 $ 1 48,035 2,488 $ 5, ,907 29,619 $ 5, ,150 35,956 21% 56% 28% GUN RANGE FUND HOTEL / MOTEL OCCUPANCY TAX FUND 6, , , , ,262 9% 55% VENUE MANAGEMENT FUND 422,068 17, , ,485 46% SPENCE FUND % POLICE SEIZURE FUNDS (STATE & FEDERAL) 56, ,338 53,200 95% TIRZ FUND % Total Expense: $ 1,744,536 $ 91,276 $ 799,527 $ 903,327 52% Ending Fund Balance: $ 1,294,678 20

23 Debt Service Fund For the Month Ending March 31, 2015 Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget Beginning Fund Balance: $ 411,845 Revenue TAX REVENUE LICENSES AND PERMITS INTERGOVERNMENTAL REVENUES $ 2,841, $ 36, $ 2,777, $ 2,777, % 0% 0% FEES & SERVICE CHARGES % SALES & INCOME 2,659 3,072 5,163 5, % TRANSFERS & COST ALLOCATIONS 2,143, ,704 1,095,866 1,095,866 51% OTHER FINANCING SOURCES % Total Revenue: $ 4,986,783 $ 226,201 $ 3,878,075 $ 3,878,075 78% Expense PERSONNEL $ - $ - $ - $ - 0% SUPPLIES % REPAIR & MAINTENANCE % CONTRACTED SERVICES % CAPITAL % DEBT 4,938,839-4,174,065 4,174,065 85% ADMINISTRATIVE EXPENSES 1, % TRANSFERS & COST ALLOCATIONS % Total Expense: $ 4,940,039 $ 116 $ 4,174,271 $ 4,174,271 84% Ending Fund Balance: $ 115,649 21

24 Capital Project Funds For the Month Ending March 31, 2015 Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget Beginning Fund Balance: $ 3,051,170 Revenue General Capital Improvement Fund Street Construction Fund Graham Park Renovations Fund $ 1,607,600 5,000,000 - $ 272,328 7,535,492 - $ 1,156,057 12,602,542 - $ 1,156,057 12,602,542-72% 252% 0% 2013 CO Fund % Total Revenue: $ 6,607,600 $ 7,807,828 $ 13,758,663 $ 13,758, % Expense General Capital Improvement Fund Street Construction Fund Graham Park Renovations Fund $ 1,965,978 4,544,191 - $ 3, ,087 - $ 520, ,351 - $ 598,916 4,568,500-30% 101% 0% 2013 CO Fund 57, % Total Expense: $ 6,567,784 $ 563,975 $ 1,480,607 $ 5,167,415 79% Ending Fund Balance: $ 15,329,226 22

25 Business-type Activities Enterprise Funds For the Month Ending March 31, 2015 Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget Beginning Fund Balance: $ 7,063,446 Revenue WATER / WASTEWATER FUND AIRPORT FUND GOLF FUND $ 12,694, , ,136 $ 1,079,632 5,954 5,262 $ 6,209, ,010 58,970 $ 6,209, ,010 58,970 49% 232% 25% SANITATION FUND 3,485, ,219 1,920,036 1,920,036 55% Total Revenue: $ 16,559,820 $ 1,479,066 $ 8,522,199 $ 8,522,199 51% Expense WATER / WASTEWATER FUND AIRPORT FUND GOLF FUND $ 13,257, , ,944 $ 1,102,837 9,212 11,618 $ 7,117,232 69,899 95,121 $ 8,067,918 69, ,351 61% 52% 45% SANITATION FUND 3,394, ,299 1,697,411 1,697,411 50% Total Expense: $ 17,019,772 $ 1,483,966 $ 8,979,664 $ 9,940,579 58% Ending Fund Balance: $ 6,605,981 23

26 Monthly Financial Council Report Water & Sewer Fund (Unaudited) For the Period Ending % of the Fiscal Year Complete Fund WATER & SEWER FUND Revenue Original Total Budget Current Total Budget MTD Activity YTD Activity & Encumbrances Budget Remaining Total Fees & Service Charges Water $ 247,672 $ 247,672 $ 10,030 $ 200,816 $ 46,856 81% $ 22, , ,475 33, ,357 7,118 96% 69, , ,800 34, , ,461 48% Total Fees & Service Charges WasteWater $ 546,242 $ 546,242 $ 66,611 $ 316,128 $ 230,114 58% $ 60, , ,044 45, , ,983 48% 90, , ,182 31, , ,783 38% Total Sales & Income Water $ 6,098,520 $ 6,098,520 $ 493,098 $ 2,874,098 $ 3,224,422 47% $ 125, ,573,261 5,573, ,616 2,748,491 2,824,770 49% 198, ,600,000 5,600, ,249 2,549,790 3,050,210 46% Total Sales & Income WasteWater $ 5,783,584 $ 5,783,584 $ 502,612 $ 2,796,588 $ 2,986,996 48% $ 101, ,650,980 5,650, ,972 2,695,583 2,955,397 48% (69,265) ,800,000 5,800, ,697 2,764,848 3,035,152 48% Total Miscellaneous Sales & Income $ 18,603 $ 18,603 $ 7,281 $ 21,553 $ (2,950) 116% $ 16, ,325 39,325 (2,457) 4,831 34,494 12% (66,086) ,800 23,800 1,158 70,918 (47,118) 298% % Budget Increase / (Decrease) from prior year Expense FY $ 12,694,621 FY $ 11,986,085 FY $ 12,085,782 $ 12,694,621 $ 1,079,632 $ 6,209,183 $ 6,485,438 49% $ 325,859 $ 11,986,085 $ 956,531 $ 5,883,324 $ 6,102,761 49% $ 223,030 $ 12,085,782 $ 863,654 $ 5,660,294 $ 6,425,488 47% Total WATER / WASTEWATER ADMINISTRATION $ 153,471 $ 153,471 $ 12,030 $ 83,123 $ 70,348 54% $ (4,883) , ,626 11,071 88,006 74,620 54% 18, , ,679 10,107 69, ,316 38% Total WATER TREATMENT $ 2,328,695 $ 2,328,695 $ 273,850 $ 1,910,513 $ 418,181 82% $ 152, ,277,627 2,277, ,580 1,758, ,579 77% 11, ,268,665 2,274, ,564 1,746, ,795 77% Total WATER DISTRIBUTION $ 1,131,119 $ 1,131,119 $ 58,325 $ 567,032 $ 564,087 50% $ 20, ,116,607 1,115,264 75, , ,194 49% (42,699) ,210,716 1,210,716 88, , ,946 49% Total WASTEWATER COLLECTION $ 815,183 $ 815,183 $ 58,153 $ 397,621 $ 417,562 49% $ 7, , ,675 65, , ,277 47% (61,980) , ,416 66, , ,038 50% Total WASTEWATER RECLAMATION $ 1,667,465 $ 1,667,465 $ 115,254 $ 782,320 $ 885,144 47% $ (17,580) ,609,764 1,609, , , ,863 50% 61, ,552,819 1,552, , , ,630 48% Total Debt Service Costs $ 1,501,033 $ 1,501,033 $ - $ 1,287,557 $ 213,476 86% $ 19, ,496,221 1,496,221 1,100 1,267, ,576 85% (805,394) ,332,684 2,332,684-2,073, ,645 89% Total NON DEPARTMENT $ 91,114 $ 91,114 $ 109,388 $ 220,850 $ (129,736) 242% $ 96, ,114 83,114 86, ,673 (41,559) 150% 62, ,383 64, ,890 2,493 96% Total TRANSFERS $ 3,785,604 $ 3,785,604 $ 327,179 $ 1,926,952 $ 1,858,652 51% $ 602, ,660,015 2,661, ,675 1,323,997 1,337,331 50% 452, ,782,425 1,782, , , ,958 49% Total COST ALLOCATIONS $ 1,783,894 $ 1,783,894 $ 148,658 $ 891,947 $ 891,947 50% $ 15, ,752,902 1,752, , , ,451 50% (11,084) ,775,071 1,775, , , ,536 50% FY $ 13,257,577 FY $ 11,985,551 FY $ 12,085,758 $ 13,257,577 $ 1,102,837 $ 8,067,918 $ 5,189,660 61% $ 892,729 $ 11,985,521 $ 880,706 $ 7,175,189 $ 4,810,332 60% $ (314,211) $ 12,085,758 $ 730,841 $ 7,489,400 $ 4,596,358 62% 24

27 Monthly Financial Council Report Solid Waste Fund (Unaudited) For the Period Ending % of the Fiscal Year Complete Fund: SOLID WASTE FUND Revenue Original Total Budget Current Total Budget MTD Activity YTD Activity & Encumbrances Budget Remaining Total Fees & Service Charges $ 55,604 $ 55,604 $ 8,495 $ 47,937 $ 7,667 86% $ 6, ,186 66,186 6,761 41,805 24,381 63% 7, ,000 25,000 6,325 34,262 (9,262) 137% Total Sales & Income $ 2,720 $ 2,720 $ 1,327 $ 2,809 $ (89) 103% $ 2, (464) % (554) ,200 1, , % Total Collection Charges $ 2,121,378 $ 2,121,378 $ 227,025 $ 1,127,207 $ 994,171 53% $ 114, ,024,419 2,024, ,228 1,012,426 1,011,993 50% 36, ,926,800 1,926, , , ,808 51% Total Disposal Charges $ 1,101,392 $ 1,101,392 $ 128,668 $ 620,768 $ 480,624 56% $ 79, ,082,745 1,082,745 95, , ,652 50% 14, ,058,600 1,058,600 92, , ,472 50% Total Household Hazardous Waste $ 15,678 $ 15,678 $ - $ 15,541 $ % $ (669) ,305 14,305-16,210 (1,905) 113% 1, ,620 15,620-14,305 1,315 92% % Budget Increase / (Decrease) from prior year Total Cost Allocations $ 188,538 $ 188,538 $ 22,704 $ 105,775 $ 82,763 56% $ 6, , ,870 17,638 99,218 98,652 50% 2, , ,500 16,227 96,242 93,258 51% FY $ 3,485,310 FY $ 3,386,437 FY $ 3,216,720 $ 3,485,310 $ 388,219 $ 1,920,036 $ 1,565,274 55% $ 208,808 $ 3,386,437 $ 300,271 $ 1,711,229 $ 1,675,208 51% $ 63,270 $ 3,216,720 $ 276,962 $ 1,647,958 $ 1,568,762 51% Expense Total WASTE COLLECTION $ 1,986,085 $ 1,986,085 $ 209,461 $ 1,002,472 $ 983,613 50% $ 23, ,849,005 1,849, , , ,217 53% 58, ,905,046 1,905, , , ,332 48% Total WASTE DISPOSAL $ 817,684 $ 817,684 $ 72,035 $ 411,676 $ 406,008 50% $ 17, , ,271 72, , ,157 43% 4, , ,000 61, , ,640 50% Total HOUSEHOLD HAZARDOUS WSTE $ 29,488 $ 29,488 $ 173 $ 6,567 $ 22,921 22% $ (3,002) ,625 30, ,569 21,056 31% 2, ,575 28, ,892 21,683 24% Total ABATEMENT MOWING $ 156,480 $ 156,480 $ 7,906 $ 59,685 $ 96,795 38% $ 6, , ,756 8,205 53,262 94,494 36% 53, % Total NON DEPARTMENT $ 80,830 $ 80,830 $ 37,104 $ 47,485 $ 33,345 59% $ 27, ,830 80,830 9,314 20,378 60,452 25% 9, ,000 16,000 (1,722) 11,015 4,985 69% Total TRANSFERS $ 201,026 $ 201,026 $ 23,349 $ 107,900 $ 93,126 54% $ 7, , ,026 17, , ,343 50% (47,422) , ,400 25, , ,295 50% Total COST ALLOCATIONS $ 123,253 $ 123,253 $ 10,271 $ 61,627 $ 61,626 50% $ , ,107 10,176 61,053 61,054 50% (33,449) , ,005 15,750 94,502 94,503 50% FY $ 3,394,846 FY $ 3,347,620 FY $ 3,213,026 $ 3,394,846 $ 360,299 $ 1,697,411 $ 1,697,435 50% $ 79,563 $ 3,347,620 $ 314,461 $ 1,617,848 $ 1,729,772 48% $ 47,260 $ 3,213,026 $ 250,577 $ 1,570,588 $ 1,642,438 49% 25

28 Governmental Activities Internal Service Funds For the Month Ending March 31, 2015 Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget Beginning Fund Balance: $ 1,826,241 Revenue CENTRAL SERVICE FUND INSURANCE FUND $ 890,285 4,927,863 $ 74, ,610 $ 445,142 2,395,813 $ 445,142 2,395,813 50% 49% MIS FUND 944,277 78, , ,195 50% Total Revenue: $ 6,762,425 $ 551,490 $ 3,313,150 $ 3,313,150 49% Expense CENTRAL SERVICE FUND INSURANCE FUND $ 828,596 5,248,856 $ 63,619 16,185 $ 402,206 2,767,483 $ 405,506 2,767,483 49% 53% MIS FUND 944,784 48, , ,220 50% Total Expense: $ 7,022,236 $ 128,139 $ 3,643,822 $ 3,647,209 52% Ending Fund Balance: $ 1,495,570 26

29 Capital Project Funds For the Month Ending March 31, 2015 Current Total Budget MTD Activity YTD Activity YTD Activity & Encumbrances % Budget Beginning Fund Balance: $ 3,161,082 Revenue Utility Capital Airport Capital $ 1,100, ,400 $ 139, $ 821, ,012 $ 821, ,012 75% 141% Vehicle / Equipment Replacement 354,210 17, , ,400 71% Total Revenue: $ 1,651,610 $ 157,823 $ 1,352,998 $ 1,352,998 82% Expense Utility Capital Airport Capital $ 2,472, ,900 $ 72,805 15,287 $ 1,053,017 39,445 $ 1,478, ,988 60% 32% Vehicle / Equipment Replacement 204,560 14,087 46, ,230 89% Total Expense: $ 3,098,356 $ 102,178 $ 1,138,479 $ 1,793,358 58% Ending Fund Balance: $ 3,375,602 27

30 Fund Balance Summary For the Month Ending March 31, 2015 Beginning Fund Balance Revenues Expenses Ending Fund Balance Calculated Target Fund Balance Over/(Under) Target Fund Balance General Fund Child Safety Fund Exchange Building Fund Recreation Activities Fund Gun Range Fund Hotel / Motel Occupancy Tax Fund Venue Management Fund Spence Endowment Trust Fund Police Seizure Funds (State & Federal) TIRZ Fund Debt Service Fund Capital Project Funds Water / Wastewater Fund Utility Capital Airport Fund Airport Capital Golf Fund Sanitation Fund Central Service Fund Insurance Fund MIS Fund Vehicle / Equipment Replacement Fund Total $ 4,623,343 $ 14,969,259 $ 10,994,742 $ 8,597,860 $ 4,427,880 $ 4,169,980 12,107 5,601 5,367 12,341 (189,821) 314, ,907 (204,259) (16,101) 28,826 29,619 (16,894) 14,876 3, , , , , ,671 (18,849) 141, ,467 (72,245) 561, , ,441 1,493 6, , , , , ,845 3,878,075 4,174, , ,463 (315,814) 3,051,170 13,758,663 1,480,607 15,329,226 6,321,255 6,209,183 7,117,232 5,413,206 2,651,515 2,761,691 2,756, ,586 1,053,017 2,524, , ,010 69, ,380 26, , , ,012 39, ,512 (294,209) 58,970 95,121 (330,360) 742,130 1,920,036 1,697, , , , , ,278 1,738,682 2,395,813 2,767,483 1,367,013 (58,783) 472, ,133 (60,721) 46, ,400 46, ,352 $ 21,243,328 $ 46,782,348 $ 31,211,111 $ 36,814,565 28

31 March Project Listing Proj # Project Name Total Project Budget Prior Years Activity FY YTD Activity Total Project Activity Project Budget Remaining Airport AP1302 TRACT D DRAINAGE STUDY / SITE PLAN $ 134,400 $ 18,387 $ 28,365 $ 46,752 $ 87,648 AP1303 SELF-SERVICE FUEL SYSTEM 453,541 26,600 11,000 37, ,941 AP1305 DRAINAGE FOR HANGAR AREA 10,000 4,805-4,805 5,195 AP1401 TAXIWAY K - TXDOT CIP GRANT 1,393, ,724 56, ,216 1,127,444 $ 1,991,601 $ 259,516 $ 95,857 $ 355,373 $ 1,636,228 Facilities CD0602 ANIMAL CONTROL OFFICE $ 828,672 $ 767,582 $ 25,085 $ 792,667 $ 36,005 CH0901 CITY HALL PROJECT 150,000 62,879 (0) 62,879 87,121 CS1501 INSULATE STORAGE BLDG - WTR DIST/WW COL 12,000-11,386 11, FD1402 STRUCTURAL COLLAPSE TOOLS & TRAILER 25,000 7, ,975 17,025 FM1401 BALLISTIC HARDENING 56, ,366 FM1402 LIBRARY HVAC 160, ,000 MS0801 AUDITORIUM PROJ - TOURISM 452, ,349 8, , ,285 PD0601 POLICE PROPERTY ROOM 154,000 1,450-1, ,550 $ 1,838,088 $ 1,070,235 $ 44,888 $ 1,115,122 $ 722,966 Parks PK1501 PARK IMPROVEMENT PROGRAM $ 40,000 $ - $ - $ - $ 40,000 Streets PW1307 STONEWALL ST - RECONSTRUCTION $ 1,430,000 $ 98,695 $ 586,288 $ 684,983 $ 745,017 PW1308 SAYLE ST - RECONSTRUCTION 920,000 65, , , ,552 PW1309 WEBB ST - RECONSTRUCTION 1,309,804 74, ,074 1,234,730 PW STREET IMPROVEMENT PROGRAM 1,000, , , ,911 7,089 PW STREET IMPROVEMENT PROGRAM 1,200, ,200,000 PW1503 STONEWALL ST - PARK TO STANFORD 143, ,435 PW1504 WELLINGTON - RECONSTRUCTION 289,275-20,056 20, ,219 $ 6,292,514 $ 745,692 $ 1,307,780 $ 2,053,472 $ 4,239,042 Water / Wastewater PW1206 EQUIPMENT CAPITAL $ 211,000 $ 15,125 $ 3,400 $ 18,525 $ 192,475 PW1213 MGD REGIONAL LIFT STATION 2,118, , , ,568 1,840,032 PW1214 MONTY STRATTON PKWY WTR LINE IMPROV 36,251 26,849 (0) 26,849 9,402 PW1302 SLIDE GATE (60") AT FACILITY HEADWORKS 48, ,000 PW1304 TAWAKONI LINE SUBMERSION 10,502 2,968-2,968 7,534 PW1305 INFLOW & INFILTRATION 1,019, , , , ,525 PW1403 WASTEWATER COL CAPITAL 234, ,564 PW1405 SCADA SYSTEM IMPROVEMENT 40,000 3,267 10,164 13,431 26,569 PW1406 STORM WTR PUMP - REHAB & REPLACE 160,000 58, , ,245 PW1502 T&C AUDIT INVESTIGATION - TCEQ - 3,663 16,445 20,108 (20,108) $ 3,878,483 $ 403,081 $ 617,164 $ 1,020,245 $ 2,858,238 Vehicles / Equipment VR1401 FIRE TRUCK $ 646,907 $ 643,327 $ - $ 643,327 $ 3,580 VR1402 PATROL - (3) TAHOES & EQUIPMENT 139, , ,424 16,749 VR1502 PATROL VEHICLES & EQUIPMENT 139, ,173 VR1503 WWTR COL - DUMP TRKS (2) & RODDER TRK 260, , ,854 3,146 VR1504 K9 VEHICLE 50, ,000 $ 1,235,253 $ 765,751 $ 256,854 $ 1,022,605 $ 212,648 Total $ 15,275,939 $ 3,244,275 $ 2,322,542 $ 5,566,817 $ 9,709,122 29

32 SECTION 3 MONTHLY ECONOMIC INDICATORS City of Greenville Comprehensive Monthly Financial Report The Economic Analysis section contains a summary of the key economic indicators and an in-depth review with graphic illustrations. 30

33 MONTHLY ECONOMIC INDICATORS March 2015 City of Greenville * Comprehensive Monthly Financial Report * March 2015 General Fund Revenue $1,918,190 $3,192,445 $1,629,986 $8,228,637 The chart shows a breakdown of the various sources of revenues for the City s General Fund year to date through March 31, The largest category is Property Tax in the amount of $8,228,637. Next, after Property Tax, is Sales Tax in the amount of $3,192,445 followed by Franchise Fees with a total of $1,918,190. Property (Ad Valorem) Tax Sales Tax Franchise Fees Other The chart shows a breakdown of expenditures, by department, for the City s General Fund Year to Date through March 31, The largest category is Public Safety in the amount of $6,172,037 which includes the police & fire departments. Closest behind that category is Transfers & Cost Allocations totaling $1,761,472 followed by General Government at $1,029,393. General Fund Expenditures Public Safety $6.172 Mil 7% 3% 3% 8% Trnsfr/Cost Alloc $1.761 Mil General Gov $1.029 Mil 9% Culture/Rec $873 Thous 15% Public Works $749 Thous 55% Comm Dev $370 Thous Non Depart $324 Thous 31

34 MONTHLY ECONOMIC INDICATORS March 2015 City of Greenville * Comprehensive Monthly Financial Report * March 2015 SALES TAX vs. COMP CITIES 13-Mar 14-Mar 15-Mar City of Corsicana City of Greenville $422,989 $469,645 City of Paris City of Cleburne City of Weatherford $646,201 $666,811 $771,367 City of Waxahachie $1,021,800 The chart shows sales tax allocations collected in the months of March 2013, March 2014 and March 2015 for the City of Greenville and its comparison cities. Sales tax allocation of $469,645 was remitted to the City of Greenville in the month of March. This amount represents an increase of 5.59% compared to the amount received in March Sales tax revenue is generated from the 1.50% tax on applicable business activity within the City (Includes 0.125% earmarked for economic development activities as administered by the Greenville Economic Development Corporation). These taxes were collected by businesses in January, reported in February to the State, and received in March by the City of Greenville. 32

35 Monthly Economic Indicators HUNT COUNTY March 2015 Data Total Nonagricultural Wage and Salary Employment in Texas decreased by 25,400 jobs in March, which capped the longest span of employment growth in the recorded series at 53 consecutive months. Employment movements for the first three months of 2015 totaled 3,700 jobs added, which marked 18 consecutive quarters of growth. Four of the 11 major industries displayed employment increases over the month, led by Education and Health Services with the addition of 3,400 jobs. Hunt County March 2015 February 2015 March 2014 US at a Glance Consumer Price Index (CPI): +0.2% in March 2015 Unemployment Rate: 5.5% in Mar 2015 Payroll Employment: +126,000 in March 2015 Average Hourly Earnings: +$0.10 in March 2015 Civilian Labor Force 38,981 39,106 40,502 Total Employment 37,215 37,255 38,276 Unemployment 1,766 1,851 2,226 Unemployment Rate 4.5% 4.7% 5.5% Not seasonally adjusted. Source: Texas Workforce Commission (LAUS) Cities in Hunt County City Labor Employment Unemployment Unemployment Rate Force Greenville City 10,809 10, % Not seasonally adjusted. Source: Texas Workforce Commission (LAUS) Producer Price Index (PPI): +0.5% in March 2015 Employment Cost Index (ECI): +0.6% in 4th Quarter 2014 Productivity: -2.2% in 4th Quarter 2014 Import Price Index: -0.3% in March

36 City of Greenville's Monthly Permit Stats Month of March, 2015 Permits Issued Total Inspections CO's Issued Total Value Total Fees Fence Permit $0.00 $ Home: Accessory Building $0.00 $80.00 Home: Addition $0.00 $0.00 Home: New $302, $1, Commercial: Accessory Building $0.00 $0.00 Commercial: New $0.00 $0.00 Certificate of Occupancy $0.00 $0.00 Clean & Show $0.00 $ Driveway Permit $0.00 $50.00 Electrical Permit $0.00 $ Excavation Permits $0.00 $0.00 Freestanding Sign Permit $0.00 $0.00 GEUS Meterset $0.00 $0.00 Irrigation Permits $0.00 $0.00 Mechanical Permit $0.00 $40.00 Non-Residential: Addition $12, $88.00 Non-Residential: Alteration $158, $ Non-Residential: Demolition $0.00 $ Plumbing Permit $0.00 $ Pool and Spa Permit $0.00 $0.00 Sign Permit $0.00 $ Temporary Banner/Sign $0.00 $0.00 Temporary Health Permit $0.00 $ Totals $472, $4, Average 10 0 $20, $ MYGOV.US City of Greenville Monthly Permit Stats Printed 04/01/2015 at 08:01 AM Page 1 of 1 34