Prepared by: Denise Roberts 3/28/2017. Page 1

Transcription

1 General Fund Revenues & Expenditures by Major Department See Note (a) as to limitations Page 1 Current Year Budget (b) vs Actual Actual Actual thru Feb Budget Actual thru Feb Revenues Real Property Tax 92,558, ,686, , ,402, ,686, (715,787.43) Personal Property Tax 9,305, ,504, , ,754, ,504, (250,092.56) Payment in Lieu of Tax 3,698, ,698, ,704, ,698, (5,496.68) Discount (62.29) Interest & Penalties 189, , , , , (465,512.73) Income Tax 29,854, ,517, , ,439, ,517, (25,922,031.87) License & Permits 1,093, ,208, , ,121, ,208, (913,193.99) Federal Grants , (20,000.00) State Grants 592, , (65,087.85) 1,413, , (885,812.38) Other Intergovernmental 692, , (80,490.66) 1,851, , (1,238,865.53) Charges for Services 2,050, ,119, , ,851, ,119, (1,731,792.34) Recordation 2,907, ,987, , ,000, ,987, (2,012,865.67) Investment Earnings 44, , , , , , Contributions & Other 441, , (24,925.29) 215, , , Transfers ,938, (1,938,000.00) Total Revenues 143,430, ,675, ,244, ,507, ,675, (35,832,722.89) Expenditures COUNTY EXECUTIVE 117, , (17,522.48) 252, , , COUNTY COUNCIL 201, , (4,789.46) 399, , , ADMINISTRATOR 214, , , , , , HUMAN RESOURCES 786, , (58,619.67) 1,262, , , CIRCUIT COURT 1,335, ,234, , ,175, ,234, , STATE'S ATTORNEY'S OFFICE 1,370, ,334, , ,292, ,334, , YOUTH PANEL 44, , (46.42) ORPHAN'S COURT 19, , (2,080.06) 41, , , BOARD OF ELECTIONS 315, , (108,452.19) 830, , , FINANCE 1,612, ,644, (31,752.10) 2,793, ,644, ,148, LIQUOR BOARD 127, , , , , , PLANNING & ZONING 616, , , ,064, , , MAINTENANCE 2,336, ,218, , ,010, ,218, ,792, INFORMATION SYSTEMS (46.79) (130.55) LEGAL SERVICES 99, , (11,582.54) 183, , , GENERAL GOVERNMENT LAW ENFORCEMENT 12,523, ,597, (1,074,433.51) 22,004, ,597, ,406, EMERGENCY SERVICES 7,917, ,225, (307,854.56) 12,624, ,225, ,399, PERMITS & INSPECTIONS 585, , (25,409.46) 1,052, , , ANIMAL CONTROL 466, , , , , , PUBLIC WORKS 6,661, ,884, , ,729, ,884, ,844, PUBLIC HEALTH 1,926, ,415, (1,489,154.43) 3,420, ,415, , MD SCHOOL BLIND/ADULT DAYCARE 6, , (1,026.00) 47, , , SOCIAL SERVICES 907, , , ,526, , , BOARD OF EDUCATION 52,709, ,326, (1,616,480.58) 81,634, ,326, ,307, CECIL COLLEGE 7,762, ,616, (854,397.15) 10,406, ,616, ,789, NON-PROFIT AGENCIES 88, , , , PARKS & RECREATION 501, , (68,144.18) 969, , , LIBRARIES 3,140, ,417, (276,657.55) 5,255, ,417, ,838, AGRICULTURE 466, , , , , , ECONOMIC DEVELOPMENT 602, , , ,129, , , JUDGEMENT & LOSSES , , GRANTS TO MUNICIPALITIES 671, , (3,046.14) 674, , DEBT SERVICE - PRINCIPAL 7,523, ,081, (1,558,575.53) 9,470, ,081, , DEBT SERVICE - INTEREST 3,170, ,801, (630,169.10) 5,659, ,801, ,858, OPERATING TRANSFER (595.00) 1,500, ,499, Total Expenditures 116,831, ,354, (6,523,090.34) 184,420, ,354, ,066, Revenues over Expenditures 26,599, ,320, (5,278,429.65) (3,912,504.00) 21,320, ,233, (b) (a) February includes pro-rata estimates and accrual calculations which may be revised after 2017 Yearend Adjustments. (b) For FY 2016 Budget, the difference between revenue over expenditures is equal to the budgeted use of Fund Balance. (c) Budget numbers are presented as full year budget.

2 Page 2 General Fund Revenues & Expenditures by Category See Note (a) as to limitations Current Year Budget vs Actual Actual Actual thru Feb Budget Actual thru Feb Revenues Real Property Tax 92,558, ,686, , ,402, ,686, (715,787.43) Personal Property Tax 9,305, ,504, , ,754, ,504, (250,092.56) Payment in lieu of Tax 3,698, ,698, ,704, ,698, (5,496.68) Discount (62.29) Interest & Penalties 189, , , , , (465,512.73) Special Assessments Income Tax 29,854, ,517, , ,439, ,517, (25,922,031.87) License & Permits 1,093, ,208, , ,121, ,208, (913,193.99) Federal Grants , (20,000.00) State Grants 592, , (65,087.85) 1,413, , (885,812.38) Other Intergovernmental 692, , (80,490.66) 1,851, , (1,238,865.53) Charges for Services 2,050, ,119, , ,851, ,119, (1,731,792.34) Recordation 2,907, ,987, , ,000, ,987, (2,012,865.67) Investment Earnings 44, , , , , , Contributions & Other 441, , (24,925.29) 215, , , Transfers ,938, (1,938,000.00) Total Revenues 143,430, ,675, ,244, ,507, ,675, (35,832,722.89) Expenditures Salary & Fringe 25,187, ,957, (770,409.92) 42,302, ,957, ,344, Professional & Related Services 6,645, ,737, , ,343, ,737, ,606, Supplies & Materials 5,261, ,625, (1,363,870.10) 11,142, ,625, ,517, Utilities 686, , (40,777.79) 1,466, , , Training & Related 247, , (30,882.25) 558, , , Capital Outlay 503, , (257,728.25) 1,389, , , Debt Service 5, , Special Purpose 287, , , , , , Debt Service - Principal 7,523, ,081, (1,558,575.53) 9,470, ,081, , Debt Service - Interest 3,170, ,801, (630,169.10) 5,659, ,801, ,858, Transfers & Intergovernment 67,311, ,099, (2,787,737.75) 101,374, ,099, ,274, Total Expenditures 116,831, ,354, (6,523,090.34) 184,420, ,354, ,066, Revenues over Expenditures 26,599, ,320, (5,278,429.65) (3,912,504.00) 21,320, ,233, (b) (a) February includes pro-rata estimates and accrual calculations which may be revised after 2017 Yearend Adjustments. (b) For FY 2017 Budget, the difference between revenue over expenditures is equal to the budgeted use of Fund Balance. (c) Budget numbers are presented as full year budget.

3 Page 2B Allocation Regular General Fund Transfers & Intergovernment See Note (a) as to limitations Current Year Budget vs Actual Actual Actual thru Feb Budget Actual thru Feb 00APlanning & Zoning ALaw Enforcement AVolunteer Fire Departments 2,476, ,525, (49,056.26) 2,525, ,525, ADepartment of Public Works AAnimal Control 450, , AHealth Department 1,921, ,356, (1,434,541.53) 3,356, ,356, AMD School for Blind 6, , (1,026.00) 13, , , AAdult Daycare , , ASocial Services 45, , , , , , ADomestic Violence 16, , , , , ABoard of Education 50,538, ,111, (573,107.00) 76,666, ,111, ,555, ACecil Community College 7,486, ,541, (1,055,419.00) 9,934, ,541, ,392, ANon-Profit Agencies 88, , , , ALibraries 3,119, ,388, (269,335.64) 5,082, ,388, ,694, AAgricultural Extension Service 194, , , , , , ASoil Conservation 48, , , , , , AGypsy Moth , , Total Allocation Regular 66,392, ,197, (2,805,570.61) 98,029, ,197, ,831, Operating Transfers 140Housing Voucher , , Senior Services ,469, ,469, Confiscated Funds (595.00) (595.00) 410Circut Court Grant , , State Attorney Grant , , DES Grant , , EMS Grant , , Domestic Violence , , Total Operating Transfers (595.00) 2,183, ,182, SState Fee-Property Tax Admin 248, , , , , , TTax Rebate 664, , (3,046.14) 667, , BBank Tax Distribution 7, , , , Total Transfers & Intergov 67,311, ,099, (2,787,737.75) 101,374, ,099, ,274, (a) February includes pro-rata estimates and accrual calculations which may be revised after 2017 Yearend Adjustments. (b) Budget numbers are presented as full year budget.

4 Page 3 General Fund Balance Sheet as of Eight Months Through 2/28/17 See Note (a) as to limitations Prior Year Current Year Prior Yearend 02/28/16 02/28/17 06/30/16 ASSETS Cash 36,042, ,298, ,627, Cash - Time Deposits 46,404, ,528, ,693, Less: Amounts due other Funds (30,513,803.16) (8,013,403.17) - Net Cash 51,933, ,813, ,321, Receivables 5,841, ,572, ,797, Due from Other Governments 72, , ,639, Other Assets 921, , , Total Assets 58,768, ,990, ,356, LIABILITIES Accounts Payable 959, , ,616, Unavailable/Unearned Revenue 1,105, , ,251, Other Liabilities 2,201, ,960, ,633, Total Liabilities 4,265, ,815, ,501, FUND BALANCES Non-spendable (per Yearend) 10,982, ,335, ,603, Unrestricted 43,520, ,839, ,251, Total Fund Balance 54,502, ,175, ,854, (a) February pro-rata estimates and accrual calculations which may be revised after 2017 Yearend Adjustments.

5 Page 4 INCOME TAX RECEIPTS as of February, 2017 FISCAL YEAR FISCAL YEAR FISCAL YEAR FISCAL YEAR % of Act % of Act % of Act % of Bud Actual Total Actual Total Actual Total Actual Total SEPTEMBER $ 1,195, % $ 770, % $ 1,146, % $ 629, % OCTOBER 1,253, % 1,533, % 1,619, % 2,247, % NOVEMBER 12,126, % 13,101, % 12,840, % 13,850, % DECEMBER 74, % 132, % 76, % 80, % JANUARY 386, % 543, % 900, % 683, % FEBRUARY 11,562, % 12,275, % 13,269, % 13,025, % MARCH 540, % 481, % 765, % - 0.0% APRIL - 0.0% - 0.0% - 0.0% - 0.0% MAY 9,735, % 10,019, % 10,359, % - 0.0% JUNE 9,114, % 9,513, % 9,751, % - 0.0% JULY 3,243, % 3,501, % 3,669, % - 0.0% AUGUST 1,568, % 2,080, % 1,406, % - 0.0% Year to Date $ 50,800, % $ 53,954, % $ 55,806, % $ 30,517, % Budget $ 52,139,853 $ 53,643,746 $ 55,400,000 $ 56,439,257 Comparative Year to Year Feb 28 $ 26,598, % $ 28,356, % $ 29,854, % $ 30,517, % FY 2017 YTD Actual Receipts % change current year vs. prior year 2.22% FY 2017 YTD Actual Receipts $ change current year vs. prior year $ 663,060

6 Page 5 PERRYVILLE CASINO REVENUES as of February 28, 2017 FISCAL YEAR FISCAL YEAR Total From Gaming Commission Town of Perryville's Portion Cecil County's Portion % of Actual Total Total From Gaming Commission Town of Perryville's Portion Cecil County's Portion % of Budget Total JULY $ 326,878 $ 114,407 $ 212, % $ 312,663 $ 109,432 $ 203, % AUGUST 305, , , % 281,673 98, , % SEPTEMBER 286, , , % 274,172 95, , % OCTOBER 289, , , % 280,818 98, , % NOVEMBER 275,568 96, , % 257,955 90, , % DECEMBER 295, , , % 319, , , % JANUARY 262,022 91, , % 312, , , % FEBRUARY 304, , , % 336, , , % MARCH 327, , , % % APRIL 330, , , % % MAY 325, , , % % JUNE 281,586 98, , % % Year to Date $ 3,611,262 $ 1,263,942 $ 2,347, % $ 2,376,612 $ 831,814 $ 1,544, % Budget $ 2,184,500 $ 2,658,139 Comparative Year to Year Feb 28 $ 2,345,820 $ 821,037 $ 1,524, % $ 2,376,612 $ 831,814 $ 1,544, % (1) February 2017 is an estimate based on the Maryland lottery website. (2) The County sends 35% of the gaming commissions to Perryville when received from the State of Maryland. The County typically sends the money to Perryville within 2 days of receipt from the State.

7 Landfill Fund Revenues & Expenditures by Category Unaudited Current Year Rev Budget vs Actual Actual Actual thru Feb Rev Budget Actual thru Feb Revenues Sales & User Fees 4,497, ,875, , ,362, ,875, (2,486,963.49) Charges for Services 185, , (26,205.93) 27, , , Discount Interest & Penalties 3, , , , (1,076.78) Federal Grants State Grants 48, , (36,197.90) 12, , Contributions & Other 1, , , , , Total Revenues 4,737, ,059, , ,407, ,059, (2,348,584.05) Expenditures Salary & Fringe 897, , (8,014.92) 1,470, , , Professional & Related Services 1,187, , , ,459, , ,838, Supplies & Materials 225, , , , , , Utilities 122, , (3,542.56) 219, , , Training & Related 4, , , , , , Depreciation (b) 1,391, ,708, (317,321.70) 2,563, ,708, , Transfers & Intergovernment 38, , , , , , Total Expenditures 3,868, ,545, , ,121, ,545, ,576, Operating Gain/(Loss) 869, ,514, , , ,514, ,227, Non-Operating Revenues (Expenses) Interest Expense (171,034.04) (195,385.82) (24,351.78) (443,847.00) (195,385.82) 248, Bond Issue Expense (1,137.92) - 1, Investment Earnings 12, , , , , (1,122.28) Change in Net Position 709, ,337, , (137,400.00) 1,337, ,475, (c) (a) Budget numbers are presented as full year budget and are not prorated for year to date comparison (b) Depreciation, Depletion & Closure for FY2016 is shown as a percentage of yearend actual and FY2017 as a percentage of budget. (c) The FY 2017 budget includes Fund Balance and capital outlay in the change in net position. S:\Monthly Report\2017\ Financial Report Enterprise Funds

8 Waste Water Fund Revenues & Expenditures by Category Unaudited Current Year Rev Budget vs Actual Actual Actual thru Feb Rev Budget Actual thru Feb Revenues Sales & User Fees 2,863, ,897, , ,937, ,897, (3,039,365.75) Interest & Penalties 21, , , , , (29,142.65) Federal Grants State Grants ,300, (1,300,000.00) Charges for Services Contributions & Other 22, , , , , , Total Revenues 2,907, ,993, , ,326, ,993, (4,332,489.58) Expenditures Salary & Fringe 763, , (5,027.97) 1,308, , , Professional & Related Services 483, , (106,653.70) 963, , , Supplies & Materials 256, , , , , , Utilities 313, , (8,010.80) 660, , , Training & Related 15, , , , , , Depreciation (b) 1,562, ,818, (255,506.60) 2,727, ,818, , Transfers & Intergovernment Total Expenditures 3,396, ,708, (312,204.57) 6,112, ,708, ,403, Operating Gain/(Loss) (488,473.69) (714,902.76) (226,429.07) 1,213, (714,902.76) (1,928,565.76) Non-Operating Revenues (Expenses) Interest Expense (626,325.40) (727,268.06) (100,942.66) (1,647,489.00) (727,268.06) 920, Bond Issue Expense (126,909.64) (122,591.36) 4, (122,591.00) (122,591.36) (0.36) Investment Earnings , , , , Capital Contributions Connection Fees 460, , (110,427.55) 684, , (334,300.00) Change in Net Position (781,469.58) (1,209,567.58) (428,098.00) 132, (1,209,567.58) (1,341,950.58) (c) (a) Budget numbers are presented as full year budget and are not prorated for year to date comparison (b) Depreciation for FY2016 is shown as a percentage of yearend actual and FY2017 as a percentage of budget. (c) The FY 2017 budget includes Fund Balance and capital outlay in the change in net position. S:\Monthly Report\2017\ Financial Report Enterprise Funds