City Manager's Report, August 2023

City of East Ridge Summary Financial Statement of Revenues and Expenditures Aug-23 Unaudited ; FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 110 General Fund REVENUE 31100 Property Taxes 6,569,000 0 0.00% 31200 Property Taxes (Delinquent) 500,000 30,197 5.14% 31610 Local Sales Tax - Co. Trustee 3,600,000 352,749 10.93% 31611 Incremental State Sales Tax 9,304,398 ie) 0.00% 31710 Wholesale Beer Tax 420,000 39,736 9.20% 31800 State Net Allocation 290,000 6,208 2.49% 31810 Minimum Business Licenses 7,000 727 0.00% 31827 5% State Commission 22,000 0 3.67% 31912 * Cable TV Franchise Tax 200,000 0 0.00% 31961 Liens Collected by Trustee 25,000 0 0.00% 32120 Wrecker Licenses 350 0 0.00% 32200 Alcoholic Beverage Tax 200,000 882 10.81% 32210 Beer Licenses & Etc. 8,000 450 3.53% 32220 Liquor Licenses 3,500 1,000 0.00% 32225 Fireworks Fees/Permits 3,000 0 0.00% 32226 Annual Fireworks Permit Fee 300 0 0.00% 32610 Building Permits 200,000 33,789 8.89% 32615 Fire Preventions/Permits 1,000 150 25.00% 32620 Electrical Permits 30,000 3,420 10.81% 32630 Plumbing Permits 15,000 2,816 13.16% 32640 Natural Gas Permits 2,000 240 37.95% 32650 Excavating Permits (St. Opening 4,000 3,830 130.00% 32660 Zoning Permits 4,000 1,450 16.25% 32671. Regular Sign Permits 3,500 530 21.86% 32672 Temporary Sign Permits 300 0 0.00% 32690 Plan Review Fees 100 0 0.00% 32691 Tree Trimming Permits 100 0 10.00% 32905 Other Code Enforcement Fees 25,000 18,313 19.44% 32960 Yard Sale Permits 200 0 5.00% 32990 Mechanical Permits 15,000 4,072 10.40% 33140 ARPA Funds - Federal 0 0 0.00% 33190 FEMA/TEMA FY 2021 0 0 0.00% 33191 Direct Appropriation State of TN 0 5,000,000 0.00% 33410 State Law Enforcement Education 37,600 0 0.00% 33430 State Fire Service Educational Grant 19,200 0 0.00% 33510 State Sales Tax 2,627,122 230,313 9.01% 33511 Interstate Telecom. Sales Tax 5,000 0 7.34% 33512 Sportsbetting 32,000 5,441 27.52% 33513 Occupcity Tax 1,500 0 21.16% 33515 State Sales Tax/Telecommunications 500 366 0.00% 33520 State Income Tax 0 0 0.00% 33530 ** State Beer Tax 10,192 (0) 0.00% 33540 State Mixed Drink Tax 95,000 8,355 11.94% 33552 State-City Streets And Transportation 40,565 3,384 8.34% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA- Gross Receipts Tax 266,004 0 0.00% 33593 Corporate Excise Tax 6,000 0 0.00% 34121 Clerks' Fees - Business Tax 2,000 465 24.00% 34211 Accident Report Charges 2,000 236 9.00% 34212 Driver Licenses Reinstatement Fee 2,000 50 0.00% 34221 Ridgeside Fire Service Contract 116,604 17,968 16.67% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 34231 Police Services 0 0 0.00% 34314 Mowing 9,800 0 0.00% 34500 Donations - New Animal Shelter 5,000 270 10.40% 34515 Rabies & Spay/Neuter Cert. 500 0 0.00% 34516 Registration 500 25 16.00% 34517 Adoption 1,000 150 0.00% 34518 Board & Impound Fees 1,000 0 14.00% 34520 A/S Donations-Designated 1,000 0 30.00% 34641 Indoor Soccer Income 140,000 0 0.00% 34642 Community Center Income 40,000 10,336 38.98% 34643 Outdoor Soccer Fees 70,000 28,210 55.64% 34644 Baseball Fees 35,000 10,365 46.05% 34645 Softball Fees 25,000 6,690 36.66% 34646 Gate 30,000 1,883 15.14% 34648 Adult League - Softball 30,000 11,380 51.10% 34649 Concerts/Events - Camp Jordan 10,000 300 5.85% 34651 Multi-Purpose Building (Arena) 140,000 26,591 20.65% 34652 Pavilion Rental 18,000 2,400 16.18% 34653 Track Rental 2,000 0 0.00% 34654 Field Rental 62,000 13,595 22.68% 34655 Amphitheater 14,000 0 20.71% 34656 Concessions 40,000 7,491 26.51% 34657 Overnight - Rv Rental 18,000 2,760 19.90% 34658 Tournament Team Fees 1,500 0 11.00% 34712 Sponsorship/Parks & Rec 5,000 0 27.00% 34720 Football Gate 3,000 0 0.00% 34751 Basketball Gate 18,000 0 0.00% 34742 Basketball Player Fees 16,000 0 0.00% 34743 Football Player Fees 11,000 9,520 105.74% 34744 Photography 1,200 0 0.00% 34745 Vending/Concessions 8,000 785 16.89% 34746 Cheerleading 2,000 1,504 47.00% 34747 Rent-Arena Equipment 25,000 0 8.10% 34749 Soccer Field Rentals 60,000 10,157 19.58% 34760 Library Charges 1,200 169 10.09% 34761 Library - Copies 1,500 164 16.95% 34794 Community Center M. Fee 1,000 35 0.00% 35100 Municipal Court Fines & Costs 400,000 83,004 12.59% 35120 Public Defender Fees 500 0 0.00% 35150 Diversion Filing 300 0 0.00% 36100 Interest Earnings 5,000 2,024 35.13% 36211 Rent - Cell Tower 12,925 2,154 16.67% 36310 Sale of Land 0 0 0.00% 36330 Sale Of Equipment 10,000 0 0.00% 36350 Insurance Recoveries 50,000 0 60.97% 36901 Pipes/Culverts 3,000 0 0.00% 36902 Repayment - Damages- Traffic Device 0 0 0.00% 36903 Christmas Parade 500 0 0.00% 36905 Designated Police-Sale of Vehicles 15,000 2,553 28.96% 36906 Designated Fire-Sale of Vehicles 5,000 0 15.33% 36990 Miscellaneous Revenues 25,000 4,670 1.48% 36992 Hamilton County 0 0 0.00% 37200 AHO- Fines/Court Costs 1,500 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues 26,091,960 6,006,324 4.18% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr% EXPENDITURES 41000 General Government 1,195,825 127,613 61.65% 41100 Administrative 1,051,215 182,243 15.48% 41111 City Council 99,490 13,494 19.95% 41210 Municipal Court 395,640 66,666 13.35% 41520 City Attorney 137,075 8,486 8.74% 41800 Buildings & Grounds Maintenance 362,274 49,766 14.70% 41900 City Hall Complex 51,975 7,320 12.27% 42100 Police 2,515,428 909,956 22.93% 42121 Criminal Investigation 879,088 109,198 10.50% 42123 Patrol 2,500,004 356,014 16.28% 42125 Traffic Division 343,290 24,417 7.76% 42200 Fire Department 3,292,814 534,401 16.72% 42400 Building/Planning/Zoning 642,506 105,470 19.73% 43110 Highway And Street 640,288 59,344 13.64% 43120 Traffic Control & Street Markers 389,132 48,373 12.85% 43170 Transfer Station/Brush Pit/Fleet 9,600 9,338 46.17% 44140 Animal Control 339,617 42,902 13.06% 44410 Parks and Recreation 1,076,350 137,729 14.69% 44420 Multi-Purpose Recreation Bldg 278,454 39,736 18.11% 44430 Community Center 253,290 16,201 13.60% 44450 McBrien Complex 1,400 206 14.33% 44610 Soccer - Recreation 69,400 2,977 12.17% 44620 Soccer - Indoor 72,700 0 0.02% 44630 Baseball/Softball 65,700 11,305 10.07% 44640 Football/Cheer 15,050 5,583 4.00% 44650 Adult Softball 34,200 0 21.47% 44700 Basketball 18,000 0 0.00% 44800 Libraries 296,906 36,195 12.46% 44810 History Museum 625 352 40.48% 46500 Community Development Programs 10,000 735 15.75% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 6,678,998 735 0.01% 49100 Debt Service 96,013 0 0.00% 49400 Capita! Projects - Transfer Out 2,279,613 (¢) 0.00% Total Expenditures 26,091,960 2,906,755 12.71% Total ## General Fund —————— 2 3.099.569 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr% 121 State Street Aid REVENUE 33450 State Grant - TIP Funds 415,000 0 0.05% 33460 State Grant - HIP Funds 260,000 (0) 0.00% 33550 2017 Gas Tax Improve 200,000 17,241 8.37% 33551 State Gasoline And Motor Fuel Tax 570,000 49,017 8.26% 36100 Interest Earnings 100 30 28.04% 36330 Sale of Equipment 0 oO 0.00% Use of Fund Balance 1,474,849 0 0.00% Total Revenues and Other Sources 2,919,949 66,289 4.43% EXPENDITURES 43190 State Street Aid 2,919,949 49,688 1.34% Total Expenditures 2,919,949 49,688 1.34% Total ## State Street Aid Fund ———— 9 ___16,604 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr% 122 Grant Fund REVENUE 33109 CSX Transportation Grant - 2022 0 25,000 0.00% 33114 TML Driver Safety Grant 4,000 0 0.00% 33120 TDOT 2015 Multi Modal Grant 0 0 0.00% 33425 Aquatic Stream Clean Grant 1,000 0 0.00% 33493 TML Safety Grant 3,000 0 0.00% 36100 Interest Earnings 0 3 0.00% 36420 Police Traffic Safety Grant (¢) 0 0.00% 36421 TN AM Grants 0 0 0.00% 36422 Target Grant 0 0 0.00% 36423 Animal Foundation Grants 0 ie) 0.00% 36711 Safety Conservation Grant 4,000 0 0.00% 36920 THS089-Police 0 475 0.00% 36921 Homeland Security - Police 0 0 0.00% 36922 Homeland Security - Fire 0 0 0.00% 36925 Violent Crime Intervention Grant 190,000 0 0.00% 36962 Operating Transfers-Capital Projects 0 0 0.00% Use of Fund Balance 8.000 0 0.00% Total Revenues and Other Sources 210,000 25,478 0.00% EXPENDITURES 21211 Due to General Fund 0 0 0.00% 43150 Grants 210,000 0 0.00% Total Expenditures 210,000 0 0.00% Total ## Grant Fund ae 25.478 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD | Avg Yr% 127 Drug Investigation Fund REVENUE 33197 Federal/State Grants 10,000 0 61.75% 33560 Seized/Awarded by State 35,000 2,151 45.77% 35200 Drug Fines 20,000 5,535 6.26% 35400 Sale of Confiscated Property 2,000 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sources 67,000 7,686 35.00% EXPENDITURES 42129 Drug Investigation and Control 67,000 1,724 0.00% Total Expenditures 67,000 1,724 0.00% Total ## Drug Investigation Fund —— 9 9G __ FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr% 130 Economic Development Fund REVENUE 31611 Incremental State Sales Tax Rev 6,628,998 0 0.00% 36100 Interest Earnings 0 3 0.00% Transfer In 0 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sources 6,628,998 3 0.00% EXPENDITURES Economic Development 5,557,478 0 0.00% Debt Payment 1,071,520 (*) 0.00% Total Expenditures 6,628,998 0 0.00% Total ## Economic Development Fund Q 3 [FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr% 131 Solid Waste Fund REVENUE 33190 FEMA/TEMA 2021 0 0 0.00% 34416 Special Assessment - Garbage 1,629,279 480 0.06% 34418 Extra Cans 1,500 400 16.00% 34420 Dumpster Rentals 6,000 1,676 3.33% 34422 Recycling - Transfer Station 2,000 1,294 0.00% 34426 Sale Of Mulch 200 54 0.00% 34430 Refuse Collection And Disposal 2,000 125 5.80% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries ) 0 0.00% Use of Fund Balance 0 731,227 0.00% Total Revenues and Other Sources 1,640,979 735,256 0.09% EXPENDITURES 43200 Solid Waste 1,640,979 735,256 31.58% Total Expenditures 1,640,979 735,256 31.58% Total ## Solid Waste Fund ———— FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 212 TML Loan Fund REVENUE 31920 Room Occupancy Tax 713,774 10.04% 36100 Interest Earnings 1,000 1840.32% 37940 Transfer In 1,401,000 0.00% Use of Fund Balance 0 0.00% Total Revenues and Other Sources 2,115,774 4.26% EXPENDITURES 49111 Camp Jordan - Phase Two - 2020 145,564 0.00% 49114 Refunding Bond Issue - 2021 836,763 0.00% 49300 Series 2022 Bond Issue 726,325 54.80% 49310 2015 - Exit One/Capital Projects 208,875 32.05% 49320 2017 - Exit One - 175 0 0.00% 49412 Public Safety - Lease Purchase 37,800 0.00% 49413 Public Safety - Capital Outlay Note 106,917 0.00% 49414 Public Safety - Lease Purchase 53,530 100.00% 0.00% Total Expenditures 2,115,774 24.51% Total ## TML Loan Fund o FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD | Avg Yr% 341 Capital Projects Fund REVENUE 33113 LPRF 2018 - Pioneer Playground 0 0 0.00% 33120 TDOT 2015 Multi Modal Grant 3,000,000 0 0.00% 33123 Dog Dash Grant 0 0 0.00% 34510 Dog Park Donations 0 0 0.00% 36421 TN American Water Grant 0 250,000 0.00% 36915 Bond Proceeds 7,000,000 0 0.00% 36992 Hamilton County 1,000,000 (0) 0.00% 37940 Operating Transfers - Other Funds 2,279,613 0 0.00% Use of Fund Balance 0 64,067 0.00% Total Revenues and Other Sources — 13,279,613 314,067 0.00% EXPENDITURES 41800 Bldg & Grounds/Maintenance 500,000 0 7.08% 43110 Multi Modal Project - Ringgold Road 4,000,000 308,780 12.33% 43121 North Mack Smith Road 4,850,000 0 0.52% 43122 Resurfacing Projects 500,000 5,288 0.00% 43123 Park Ridge Access Road 0 0 0.00% 44410 Parks & Recreation 0 0 0.00% 44421 Splash Pad/Playground 0 0 0.00% 44423 Dog Park - Town Center 0 0 0.00% 44424 Animal Shelter Building 1,600,000 0 3.19% 44425 Dickert Pond Boardwalk & Pier 0 0 0.00% 44426 Fuel Tank - Public Safety Facility 125,000 0 0.00% 47200 Economic Development 50,000 (0) 40.00% Total Expenditures 11,625,000 314,067 5.60% Total ## Capital Projects Fund 1654613 ____ FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr% 410 ARPAFUND REVENUE 37940 Transfer In 0 0 0.00% Use of Fund Balance 4,142,192 0 0.00% Total Revenues and Other Sources 4,142,192 0 0.00% EXPENDITURES 46490 Stormwater Projects - Ringgold Road 4,142,192 oO 0.00% Total Expenditures 4,142,192 0 0.00% Total ## Capital Projects Fund ee ee|