Loading...
Item 4AAGENDA ITEM # 4A SEPTEMBER 22, 2008 City of Atlantic Beach, FI. Utility Sales Report August 2008 Water Sales Atlantic Beach Buccaneer Total Water Sales Gallons Actual Revenue Accounts 0000 Revenue Per ~,ooo gi 5,622 42,982 $120,261 $2.8( 2,469 21,785 $67,377 $3.04 Water Plant Production Atlantic Beach Buccaneer Total Production Total Water Billed Water Loss for month: Percentage Loss Total 12 mo. Avg. Loss 1 Sewer Sales Atlantic Beach Buccaneer Total Sewer Sales ®Sewer Treatment Atlantic Beach Buccaneer Total Sewer Treated Gallons 0000 52,248 24, 075 76,323 64,767 11,556 15.14% 11.73% August 2007 Gallons Actual Revenue Accounts 0000 Revenue Per 1,000 gl 5,643 44,428 $111,722 $2.51 2,493 22,166 $64,915 $2.93 8.136 66.594 $176.637 52.65 Gallons 0000 65,796 23, 898 89,694 66,594 23,100 25.75% 13.70% Gallons Actual Revenue Gallons Actual Revenue' Accounts 0000 Revenue Per 7,000 gi Accounts 0000 Revenue Per 1,000 gl 5,122 34,510 $178,254 $5.17 5,120 34,986 $162,051 $4.63 2,349 20,560 $134,632 $6.55 2,371 20,830 $124,616 $5.98 7,471 55,070 $312,886 $5.68 7,491 55,816 $286,667 $5.14 Gallons Actual Revenue 0000 Revenue Per 1,000 yi Gallons Actual Revenue 0000 Revenue Per 1.000 al 52.993 $178,254 $3.36 25.173 $134,632 $5.35 51.792 $162,051 $3.13 20.161 $124,616 $6.18 City of Atlantic Beach AGENDATTEM#4A FINANCIAL REPORT SEPTEMBER 22, 2008 AUGUST 2008 Cash Balances Fund(s) General Tree Replacement Convention Development Tax Local Option Gas Tax Better Jax 1/2 Cent Sales Tax Police Training, Forfeit, etc. Grants Debt Service Capital Projects Utility Sanitation Building Code Enforcement Storm Water Pension -Police Pension -General Total Prior Current Dollar 07/31/08 08/31/08 Change $6,214,842 28,901 238,002 183,174 1,026,233 58,988 (10,291) 65,688 277,156 3,582,987 466,294 125,080 2,492,556 8,985 30.364 $14,788,959 $6,119, 860 31,183 228,372 197,641 999, 592 212,876 (39,750) 71,490 305,031 3,746,977 419, 934 129,039 2,549,675 1,239 53.260 $15,026,419 ($94,982) 2,282 (9,630) 14,467 (26,641) 153,888 (29,459) 5,802 27, 875 163,990 (46,360) 3, 959 57,119 (7,746) 22,896 $237,460 Total Restricted Cash Total Unrestricted Cash $6,908,517 $8,117,902 Cash and Investments Account Prior Current 07/31 /08 08/31 /08 Bank of America -Depository SBA Banc of America Securities LLC Cash on Hand Subtotal Police Pension Investments General Pension Investments Subtotal Total $2,107,038 1,381 12,677,990 2,550 14.788.959 $2,324,723 1, 382 12,697,764 2,550 15.026.419 5,452,413 8,664,282 14,116,695 $28,905,654 5,479,906 8,683,773 14,163,679 Dollar Rate of Change Return $217,685 1.94 1 2.47 19,774 1.85 0 - 237,460 27,493 19,491 46,984 (4.91) (1) (4.81) (1) $29,190,098 $284,444 (1) FYTD rate of return through 06/30/08 City of Atlantic Beach FINANCIAL REPORT AUGUST 2008 Revenues AGENDA ITEM # 4A SEPTEMBER 22, 2008 Annual I YTD - 92% YTD Dollar Percent Fund / (Footnote) Estimate of Estimate Actual Variance Variance General (1) $11,042,688 $10,126,145 $10,317,540 $191,395 1.89% Tree Replacement 0 0 21,470 21,470 100.00% Convention Development Tax 90,500 82,989 40,457 (42,532) -51.25% Local Option Gas Tax 537,196 492,609 470,189 (22,420) -4.55% Better Jax 1/2 Ct Sales Tax 831,885 762,839 666,515 (96,324) -12.63% Police Training, Forfeit, etc. 47,530 43,585 187,459 143,874 330.10% Grants 290,478 266,368 109,333 (157,035) -58.95% Debt Service 70,966 65,076 63,913 (1,163) -1.79% Capital Projects 330,000 302,610 305,031 2,421 0.80% Utility (2) 9,588,650 8,792,792 6,145,599 (2,647,193) -30.11% Sanitation 1,762,230 1,615,965 1,654,502 38,537 2.38% Building Code Enforcement 513,329 470,723 354,993 (115,730) -24.59% Storm Water (3) 3,162,675 2,900,173 2,186,539 (713,634) -24.61 Pension -Police (4) 745,841 683,936 (52,358) (736,294) -107.66% Pension-General (4) 1,244,005 1,140,753 82,839 1,057,914 -92.74% Total $30,257,973 $27,746,563 $22,554,021 ($5,192,542) Analysis of Major Variances (1) The $191,395 positive variance in the General Fund resulted from having received 100% of the budgeted property taxes & 239% of the budgeted Clerk of the Courts Fines & Forfeitures. (2) The $2,647,193 negative variance in the Utility Funds resulted from not having received $845,474 budgeted for the St. John's River Water Management District grant, $1,283,800 for bonds that were to be issued in fiscal year 2008 & a variance of $529,117 from decreased sales. (3) The $713,634 negative variance in the Storm Water Fund resulted from having received $400,000 of the $1,200,000 budgeted for the Hopkins Creek Project (4) The $736,294 negative variance in the Police Employee Pension Fund & the $1,057,914 negative variance in the General Employee Pension Fund resulted from changes in market values of the investments. City of Atlantic Beach AGENDA ITEM # 4A FINANCIAL REPORT SEPTEMBER 22, zoos AUGUST 2008 Expenses Annual YTD - 92% YTD Dollar Percent Department / (Footnote) Estimate of Estimate Actual Variance Variance Governing Body City Administration General Government Planning and Building Public Safety (1) Parks and Recreation Public Works (2) Public Utilities (3) Building Code Enforcement Pension -Police Pension -General Total $47,760 $43,796 $41,841 $1,955 4.46% 2,274,265 2,085,500 1,868,885 216,615 10.39% 1,229,131 1,127,113 1,054,834 72,279 6.41 235,024 215,518 173,594 41,924 19.45% 5,561,417 5,099,821 4,226,878 872,943 17.12% 354,092 324,702 349,920 (25,218) -7.77% 9,410,406 8,629,343 6,834,281 1,795,062 20.80% 10,105,592 9,266,828 6,716,235 2,550,593 27.52% 268,281 246,014 226,559 19,455 7.91 437,323 401,025 389,197 11,828 2.95% 459,094 420,989 413,292 7,697 1.83% $30,382,385 $27,860,649 $22,295,516 $5,565,133 Annual YTD - 92% YTD Dollar Percent Resource Allocation Estimate of Estimate Actual Variance Variance Personal Services (1) & (4) Operating Expenses (1) & (2) Capital Outlay (1), (2) & (3) Debt Service (5) Transfers Tota I $8,525,966 $7,818,312 $7,519,183 $299,129 3.83% 10,316,554 9,460,280 8,499,152 961,128 10.16% 7,372,147 6,760,259 2,317,626 4,442,633 65.72% 1,683,825 1,544,068 1,682,655 (138,587) -8.98% 2,483,893 2,277,730 2,276,900 830 0.04% $30,382,385 $27,860,649 $22,295,516 $5,565,133 Analysis of Major Variances (1) The positive variance in the Public Safety departments resulted from: only 3 of 4 quarterly payments being made on the City of Jacksonville fire services contract, no expenditures in the related grant funds, vacancies in the Patrol division, lifeguard services being seasonal, not having completed union negotiations with the police officers and not having begun various projects funded from this source -see the Project Activity Schedule. (2) The positive variance in the Public Works departments resulted from only 10 of 11 monthly payments being made on the Waste Services of Florida, Inc. and First Vehicle contracts and limited activity on various projects funded from this source -see the Project Activity Schedule. (3) The positive variance in the Public Utilities departments resulted from limited activity on various projects funded from this source -see the Project Activity Schedule. City of Atlantic Beach AGENDA ITEM#4A SEPTEMBER 22, 2008 FINANCIAL REPORT AUGUST 2008 Project Activity -Current Year Activity Only Project YTD YTD YTD Project Name Number Budget Actual Balance Status Public Safety Police Building Design PS0504 330,000 0 330,000 Police Building Remodelling PS0504 27,733 27,733 0 C Subtotal 357,733 27,733 330,000 Public Utilities: Shangri La Sewer Improvements PU0704 49,399 49,399 0 C TMDL Engineering WWTP 1 PU0706 510,000 122,437 387,563 E SCADA Improvements PU0801 29,500 2,926 26,574 I Collection System Inspection & Rehabilitation PU0802 829,000 378,114 450,886 I Hydroscreens PU0803 10,588 10,588 0 C Taper Bottom of Equipment Tanks PU0804 22,593 22,593 0 C Reclaimed Water Plant Construction PU0805 1,800,000 0 1,800,000 E Subtotal 3,251,080 586,057 2,665,023 Public Works: Shelter at Donner Community Center PM0802 22,500 22,500 0 C Lights at Veteran's Park PM0803 13,000 12,260 740 C Public Art Turtle Statue PM0805 73,307 0 73,307 R Jordan Park -Irrigation & Sod PM0807 12,000 11,282 718 C Hopkins Creek Retention PW0309 1,478,372 948,770 529,602 I Mayport Road Medians PW0401 400,000 5,007 394,993 I Storage Bins for Limerock PW0701 26,272 26,272 0 C Sidewalk & Curb Replacement PW0705 2,819 2,819 0 C Ocean Boulevard Between 14th & 15th Street PW0708 271,965 271,965 0 C Royal Palms Valley Gutter PW0801 20,000 0 20,000 Pedestrian Paths Extensions PW0802 100,000 0 100,000 R Sidewalk at George & Edgar Street PW0803 30,000 0 30,000 Sidewalk at Ardella &Mayport Road PW0804 25,000 0 25,000 Contingency for Sidewalks PW0805 26,978 0 26,978 Sidewalk & Curb Replacement PW0806 30,000 29,158 842 C Ardella Road Drainage Project PW0807 75,000 11 74,989 E Royal Palms Design PW0808 400,000 0 400,000 R Subtotal 3,007,213 1,330,044 1,677,169 Total $6,616,026 $1,943,832 $4,672,192 Status Key B -Bid Awarded E -Design Phase C -Project Completed I -Project In-progress D -Design Completed R - Re-budget Next Fiscal Year AGENDA ITEM # 4A SEPTEMBER 22, 2008 H ~ I I I I I I 1 w I I [~ 1 1 Ft I , a I I I I I I I , 1 I 1 I 1 I I I I , I I 1 I I I I 1 I r I I 1 I I I ~ 1 1 O N I H H I ~ I M O l~ Q1 O M M I 1 I (i] I !n N M 01 O O tf) t~ tD Ol dl ~O VI ~O ~ z ~ 1 I I 1 I I I I O I I x ~ c ~ ~ ,~ ~o rn o 0 I a l rn N ~r ~ ~ ~ ,~ . I I I ~ N N vl m m o ~ m l o I A I ~ o I w I a I a 1 ~r I w I ~r ~ I FG I T 0 01 0 O~ 0 01 0 01 0 Q1 0 O~ H I I E-I M 1 I ~ I I ~ ^ ~ I 1 ~ O I I w a W ~ i F WO W O F Vl I I ° ~ w o a w~U~ ~ ~ U q tq ~ I I C7 3 a H ~ W o a I I O H m F~ I I (7 (n ~ w cn o I I ~ ~ a ~ ~ •• ~ I ~ H LL' w O U U z~ I ~ n ° ° A o o w a~ o ~ w H ~ w ~ 3 U I H I ~ ~ p~ z z z F F I F I U i O~ ~ W ~ F F ~ U U I F a m I H I w aoz~~ H H o F z z W rci H H H F ~ .~ N ,~ I Cn I F H ~ H ~ ~ a Q A H r~ l a I cr ~ U H y a ~ +: w a u x a v~ w w W I I FW U N A I W I 3 S 3 3 3 S 3 3 . a I w w w w w w w w oa F z z z z z z z z w cnwQ I I z I I w ~n I A I o 0 0 0 0 0 0 0 U W F I W I ~ ~ ~ ~ ~ ~ ~ ~ H to a l o I ~ u, N rn <r ,~ ~n u, a z W I (A I N N O N O O O O w A I to I U I ~ \ ~ \ ~ ~ ~ ~ H I H I I m ~ (p (~ m ~ ~ ~ a I I 1 ~ ~ I z a a w I I z I I H w o 1 1 z ~ o I I Q }I V I I I H a . •~ ^ ~ I 1 I M M F M M A M i Y] M M M I I I M M U M M M M M M , I I N N .'7 N N X21 N ~2f N N N I ~ I I I N U M N (Y, N N t11 N N N N i I I M H M M ~-I O M VT M M M i I I I H a a z ,.] z a Axa o a a a a a ~~ I (n ~ w w o w u H w ~Aw a w a w a w m M I w ~ a ~ A ~nax x x x acnx x - x - x .~ ~? ~ Q ~ W A S u F u w U a~ u F v m v ~ v ~ ~ a ~ wA~ a~ m~~ w Q w Q w ~ ~ ~ z~a ~ Fuw cn w o~w axw u~w zHw ~ w ~ w v . • zHw wFw q m u w mam HHQ] oFm oE-•m H u ~ ~ ~ ~ ~ m ~ Hh a] u Hcn u a zcn u a w wu `tau c~7UU xcnU xcnU a c n -I-I l xl i al -I z z ~ ~ W -W i W W I ~ I 1 O U I H H 1 OIF ( rCFH a ~o z W F z xx H F z o ~H z ago qF mH z OFF ~~ z C 7FF ~~ z W woooooooco z ~~ ~ ~ m[ n r ~ E a V Aa f arxa W Fa a F H a , n I N,~a ~ q~ ~ qma CxrF ~.7 ~'-I E'+ r i~ W rF HoF z rL~F W OF z le S ~ z ~ H G' N I W (q I ~ M FC ~] M Q,• ,Yi V' fy' '"J'_,-~ H ~' (L' M /S F O ~ r wF J .-i a' mF r'7 ri ~ ~ i \ f~1 N i i ~ i m H ,-+ I ~ ~ .-7 I ~ ~ m m r rn in m m o ~ ,a FC O I ~~ m ~ rn r rn w m In rn r rn m Q~ m rn ~ H q i i W W ~ i ~ O ~ O ~ O ~ O ~o O ~ O .n O ~ O O ~i O~ i I O O O O O O O O H ' ~C cx xt . Cl, i C7 ~ o 0 0 0 0 0 0 o q, .. . U ~~ 0 0 ~ 0 ~ 0 ~ 0 0 ~ 0 0 F ~ .. .. .. .. .. .. .. .. U ' ~~ i I i i m m m co m cn m ~ m ~ "C ?O~7R:t17:JH ~ G. U f~ I ,a i o 0 N ~ ; a H P, C4 0~ 7 0 0 0 0 0 0 ~ry