March 2020 – General Fund Report

    Mar 20Oct ’19 – Mar 20 YTD Budget % of Budget
 Income      
  311000 · Ad Valorem (2019)  Assessment $   1,056.43 $        68,905.84  $      62,500.00 110.25%
  311001 · Ad Valorem (2019) Future $              –   $                     –    $      10,287.00 0.0%
  312410 · 1st Local Opt Fuel Tax (LOCOP) $   3,449.54 $        22,621.72  $      37,900.00 59.69%
  312600 · Discretionary Surtax (DISC) $   5,588.75 $        56,888.59  $    128,000.00 44.44%
  314100 · Utility Service Tax (FPL-MT) $   4,533.75 $        27,215.81  $      51,600.00 52.74%
  314800 · Utility Service Tax – Propane $      127.20 $             771.24  $        3,500.00 22.04%
  315000 · Communication Svc Tax (CST) $   1,241.97 $          8,896.73  $        9,600.00 92.67%
  322000 · Building Permit Fee $   7,759.25 $        18,678.90  $      10,000.00 186.79%
  323100 · Franchise Fee/Electric (FPL-FR) $   2,865.22 $        19,288.61  $      37,000.00 52.13%
  329000 · Other Fees – (State Surcharges) $      112.18 $             409.68  $           300.00 136.56%
  334360 · State Grant – StormWater (CDBG) $ 11,133.00 $        67,405.86  $    600,000.00 11.23%
  334704 · State – FRDAP (Parks Upgrade) $              –   $                     –    $      50,000.00 0.0%
  335120 · State Revenue Sharing $   3,589.99 $        21,539.94  $      51,300.00 41.99%
  335180 · Local Govt 1/2 ct Tx (Sale) $   3,334.27 $        21,799.62  $      43,300.00 50.35%
  335490 · Other (FDOT Lighting/Signal) $              –   $                     –    $        7,600.00 0.0%
  337100 · Local Grant (Historical Museum) $              –   $                     –    $      40,000.00 0.0%
  342500 · Svc Chg/Annual Fire Inspection $              –   $                     –    $        1,500.00 0.0%
  343900 · Other – (FDOT Mowing/Misc) $              –   $          7,401.37  $      15,000.00 49.34%
  347200 · Service Charge – Parks & Rec $              –   $                     –    $           150.00 0.0%
  351500 · Judgments & Fees (Traffic) $              –   $                     –    $           100.00 0.0%
  361200 · Interest Income $      735.01 $          5,049.58  $        8,500.00 59.41%
  366000 · Contribution/Donations/Private $              –   $                     –    $           100.00 0.0%
  367000 · License (Business) $              –   $               12.00  $             50.00 24.0%
  369900 · Other Miscellaneous Revenues $   2,590.75 $          9,001.02  $           100.00 9,001.02%
  381000 · Water Utility Transfer In $   3,353.34 $        22,882.30  $      72,700.00 31.48%
  381002 · WW/Sewer Transfer In $   1,366.34 $          9,739.27  $      47,500.00 20.5%
  389900 · GF – Reserve for Capital Outlay $              –   $                     –    $      75,000.00 0.0%
 Total Income $ 52,836.99 $      388,508.08  $ 1,363,587.00 28.49%
 Expense      
  5110000 · Legislative Salaries (Council)      
   5119000 · Council Reserve Fund $              –   $          1,263.31  $        6,975.00 18.11%
  Total 5110000 · Legislative Salaries (Council) $              –   $          1,263.31  $        6,975.00 18.11%
  5121000 · Executive Salaries      
   5121100 · Town Manager Salary $   4,292.54 $        28,401.51  $      56,303.00 50.44%
   5122100 · Payroll Tax Expense $      884.37 $          5,917.71  $      11,261.00 52.55%
   5122200 · Pension Plan Expense $      429.26 $          2,840.19  $        5,580.00 50.9%
   5122300 · Health Insurance $      257.95 $          2,805.90  $        4,701.00 59.69%
  Total 5121000 · Executive Salaries $   5,864.12 $        39,965.31  $      77,845.00 51.34%
  5131000 · Reg Salaries & Wages      
   5131200 · Water Admin Salary (Wendy) $        23.24 $           (825.43)  $      30,470.00 (2.71%)
   5131201 · Town Clerk Salary (Anita) $   3,280.01 $        21,912.27  $      45,600.00 48.05%
   5131202 · Admin. Assist. Salary (Rachael) $   1,287.00 $          9,731.00  $      20,940.00 46.47%
   5132100 · Payroll Tax Expense $      739.54 $          5,041.96  $      11,370.50 44.34%
   5132200 · Pension Plan Expense $      515.78 $          2,994.71  $        9,087.00 32.96%
   5132300 · Health Insurance $   1,136.68 $          5,284.25  $      14,025.00 37.68%
   5132400 · Workers’ Comp $   1,755.83 $          3,457.58  $        7,108.00 48.64%
  Total 5131000 · Reg Salaries & Wages $   8,738.08 $        47,596.34  $    138,600.50 34.34%
  5133000 · Financial & Admin – (Oper Exp)      
   5133100 · Professional Services $        90.00 $             180.00  $        2,500.00 7.2%
   5133200 · Accounting/Auditing $              –   $          2,946.00  $        8,000.00 36.83%
   5134100 · Telephone $      486.97 $          2,957.64  $        7,200.00 41.08%
   5134600 · Repair & Maintenance $              –   $               85.00  $           500.00 17.0%
   5134901 · Legal Ads $              –   $             467.14  $        1,500.00 31.14%
   5135200 · Operating Supplies (Bank Fees) $        76.95 $             573.36  $        1,500.00 38.22%
   5135400 · Dues/Subscriptions $        14.00 $          2,356.95  $        3,000.00 78.57%
   5135500 · Education/Training $              –   $                     –    $           300.00 0.0%
  Total 5133000 · Financial & Admin – (Oper Exp) $      667.92 $          9,566.09  $      24,500.00 39.05%
  5140000 · Legal Services      
   5140001 · Town Attorney Expense $      600.00 $          1,600.00  $        2,500.00 64.0%
  Total 5140000 · Legal Services $      600.00 $          1,600.00  $        2,500.00 64.0%
  5191000 · General Govt Salaries      
   5191200 · Grant Writer Salary $      200.00 $          1,300.00  $        2,600.00 50.0%
   5192100 · Payroll Taxes $        15.30 $               99.45  $           208.00 47.81%
  Total 5191000 · General Govt Salaries $      215.30 $          1,399.45  $        2,808.00 49.84%
  5193000 · General Government (Oper Exp)      
   5194200 · Postage/Freight $        35.70 $             581.07  $           750.00 77.48%
   5194300 · Utilities Expense $      278.51 $          1,586.76  $        3,500.00 45.34%
   5194400 · Rentals/Leases $      399.00 $          2,394.00  $        4,200.00 57.0%
   5194500 · Insurance (Property) $   1,301.83 $          3,591.08  $        6,274.00 57.24%
   5195100 · Office Supplies $      425.57 $          3,158.05  $        6,000.00 52.63%
   5195102 · Emergency Plan Exp (CEMP) $              –   $                     –    $        1,000.00 0.0%
  Total 5193000 · General Government (Oper Exp) $   2,440.61 $        11,310.96  $      21,724.00 52.07%
  5196000 · Capital Expenditure (> $5,000)      
   5196200 · Capital Outlay – Unrestricted $              –   $          3,054.39  $        9,250.00 33.02%
   5196202 · Historic Museum – Restricted $              –   $                     –    $        2,691.00 0.0%
   5196225 · Ad Valorem – Restricted (2019) $              –   $                     –    $      10,287.00 0.0%
   5196300 · Passive Park – Restoration-ADV $              –   $                     –    $      10,000.00 0.0%
   5196301 · New Town Truck -ADV $              –   $                     –    $      35,000.00 0.0%
   5196302 · Paint Town Hall/Shop – ADV $              –   $                     –    $      10,000.00 0.0%
   5196303 · ADA Restrooms – ADV $              –   $                     –    $        7,500.00 0.0%
   5196304 · Town -Landscaping – OTB $              –   $                     –    $        5,000.00 0.0%
   5196305 · Town Hall – Renovation -OTB $              –   $                     –    $      40,000.00 0.0%
   5196306 · Town Truck – OTB $              –   $                     –    $      30,000.00 0.0%
  Total 5196000 · Capital Expenditure (> $5,000) $              –   $          3,054.39  $    159,728.00 1.91%
  5210000 · TOPF – Grants      
   5210001 · State Grant – CDBG Storm Water $ 11,133.00 $        67,405.86  $    600,000.00 11.23%
   5210002 · State Grant –  Park Upgrades $              –   $                     –    $      50,000.00 0.0%
   5210003 · Local Grant – Historical Museum $              –   $                     –    $      40,000.00 0.0%
  Total 5210000 · TOPF – Grants $ 11,133.00 $        67,405.86  $    690,000.00 9.77%
  5243000 · Protective Inspections      
   5243100 · Inspections / Plan Reviews $      875.00 $          7,280.00  $        8,000.00 91.0%
   5244900 · State Surcharge Fees $              –   $               73.46  $           300.00 24.49%
  Total 5243000 · Protective Inspections $      875.00 $          7,353.46  $        8,300.00 88.6%
  5411000 · Public Works (Salaries)      
   5411200 · Public Works (Tracy) $              –   $          3,275.00  $      49,710.00 6.59%
   5411201 · Public Works (Alex) $   2,438.06 $        16,222.43  $      45,860.00 35.37%
   5411204 · Public Works (Trevor) $   1,740.68 $        11,464.42  $      30,440.00 37.66%
   5412100 · Payroll Tax Expense $      548.05 $          3,673.84  $      10,201.00 36.02%
   5412200 · Pension Plan Expense $      411.00 $          2,724.00  $      11,856.00 22.98%
   5412300 · Health Insurance $      337.02 $          4,468.17  $      17,627.50 25.35%
   5412400 · Workers’ Compensation $   1,755.85 $          3,457.60  $        7,108.00 48.64%
  Total 5411000 · Public Works (Salaries) $   7,230.66 $        45,285.46  $    172,802.50 26.21%
  5413000 · Public Works (Oper Exp)      
   5414100 · Telephone $      318.08 $          1,679.46  $        4,200.00 39.99%
   5414300 · Utilities/Electric Expense $      961.66 $          5,613.72  $      11,000.00 51.03%
   5414500 · Insurance (Auto/Truck) $      486.66 $             865.16  $        1,459.00 59.3%
   5414600 · Repair & Maintenance $        92.50 $          3,637.93  $        9,500.00 38.29%
   5415200 · Operating Supplies $      168.36 $          1,340.21  $        5,000.00 26.8%
   5415201 · Fuel $      849.88 $          2,666.22  $        7,500.00 35.55%
   5415202 · Uniforms $              –   $                     –    $           400.00 0.0%
   5415300 · Road Materials/Supplies/Equip $              –   $          4,316.98  $        1,000.00 431.7%
   5415500 · Training (Certification) $              –   $                     –    $           100.00 0.0%
  Total 5413000 · Public Works (Oper Exp) $   2,877.14 $        20,119.68  $      40,159.00 50.1%
  5723000 · Parks & Recreation (Oper Exp)      
   5724300 · Utilities/Electric Expense $        66.87 $             388.29  $        1,000.00 38.83%
   5724500 · Insurance (General Liability) $   3,153.58 $          6,253.08  $      12,945.00 48.31%
   5724600 · Repair & Maintenance $      965.00 $          2,724.35  $        1,000.00 272.44%
   5724800 · Special Events (Parades, etc) $              –   $          1,888.60  $        2,500.00 75.54%
  Total 5723000 · Parks & Recreation (Oper Exp) $   4,185.45 $        11,254.32  $      17,445.00 64.51%
  5810000 · Interfund Transfers Out      
   5810001 · Transfer Out to Sewer Fund $   1,925.00 $          1,925.00  $           100.00 1,925.0%
   5810003 · Transfer Out to Water Utility $   1,400.00 $          1,400.00  $           100.00 1,400.0%
  Total 5810000 · Interfund Transfers Out $   3,325.00 $          3,325.00  $           200.00 1,662.5%
 Total Expense $ 48,152.28 $      270,499.63  $ 1,363,587.00 19.84%
Net Income $   4,684.71 $      118,008.45  $                   –   100.0%