City Manager's Report, September 2023

City of East Ridge Summary Financial Statement of Revenues and Expenditures Sep-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 47,191 7.12% 31610 Local Sales Tax - Co. Trustee 3,600,000 725,074 22.36% 31611 Incremental State Sales Tax 9,304,398 6,237,367 78.21% 31710 Wholesale Beer Tax 420,000 83,098 19.88% 31800 State Net Allocation 290,000 20,319 5.69% 31810 Minimum Business Licenses 7,000 2,395 18.08% 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 39,453 21.98% 32210 Beer Licenses & Etc. 8,000 880 11.03% 32220 Liquor Licenses 3,500 2,000 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 47,725 10.81% 32615 Fire Preventions/Permits 1,000 150 25.00% 32620 Electrical Permits 30,000 8,148 13.61% 32630 Plumbing Permits 15,000 5,434 19.40% 32640 Natural Gas Permits 2,000 240 43.95% 32650 Excavating Permits (St. Opening 4,000 4,030 165.00% 32660 Zoning Permits 1,000 2,050 26 25% 32671 Regular Sign Permits 3,500 920 30.29% 32672 Temporary Sign Permits 300 15 0.00% 32690 Plan Review Fees 100 0 0.00% 32691 Tree Trimming Permits 100 0 20.00% 32905 Other Code Enforcement Fees 25,000 19,222 24.69% 32960 Yard Sale Permits 200 0 5.00% 32990 Mechanical Permits 15,000 5,397 28.58% 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 2,627,122 419,727 16.16% 335114 Interstate Telecom. Sales Tax 5,000 503 16.09% 33512 Sportsbetting 32,000 5,441 27.52% 33513 Occupcity Tax 1,500 185 34.04% 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 17,059 23.83% 33552 State-City Streets And Transportation 40,565 6,768 16.69% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA - Gross Receipts Tax 266,004 0 0.21% 33593 Corporate Excise Tax 6,000 0 0.00% 34121 Clerks' Fees - Business Tax 2,000 675 0.00% 34211 Accident Report Charges 2,000 1,291 0.00% 34212 Driver Licenses Reinstatement Fee 2,000 50 0.00% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 34221 Ridgeside Fire Service Contract 116,604 26,952 25.00% 34231 Police Services 0 0 0.00% 34314 Mowing 9,800 0 0.00% 34500 Donations - New Animal Shelter 5,000 385 10.40% 34515 Rabies & Spay/Neuter Cert. 500 ) 0.00% 34516 Registration 500 55 29.00% 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 11,976 44.10% 34643 Outdoor Soccer Fees 70,000 29,145 55.64% 34644 Baseball Fees 35,000 10,925 46.79% 34645 Softball Fees 25,000 7,513 37.44% 34646 Gate 30,000 6,888 15.14% 34648 Adult League - Softball 30,000 12,380 51.77% 34649 Concerts/Events - Camp Jordan 10,000 2,000 6.40% 34651 Multi-Purpose Building (Arena) 140,000 48,738 37.85% 34652 Pavilion Rental 48,000 3,850 19.51% 34653 Track Rental 2,000 0 0.10% 34654 Field Rental 62,000 16,274 25.45% 34655 Amphitheater 14,000 4,150 29.79% 34656 Concessions 40,000 9,700 31.95% 34657 Overnight - Rv Rental 18,000 5,335 33.87% 34658 Tournament Team Fees 1,500 0 140.00% 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 Baskethall Player Fees 16,000 0 0.00% 34743 Football Player Fees 11,000 10,090 111.85% 34744 Photography 1,200 0 0.00% 34745 Vending/Concessions 8,000 1,181 23.03% 34746 Cheerleading 2,000 1,608 47.00% 34747 Rent-Arena Equipment 25,000 0 21.71% 34749 Soccer Field Rentals 60,000 17,452 24.97% 34760 Library Charges 1,200 395 15.88% 34761 Library - Copies 1,500 191 21.73% 34794 Community Center M. Fee 1,000 390 0.00% 35100 Municipal Court Fines & Costs 400,000 115,244 16.90% 35120 Public Defender Fees 500 0 0.00% 35150 Diversion Filing 300 0 0.00% 36100 Interest Earnings 5,000 2,619 49.31% 36211 Rent - Cell Tower 12,925 3,231 25.00% 36310 Sale of Land 0 250,000 0.00% 36330 Sale Of Equipment 10,000 0 0.00% 36350 Insurance Recoveries 50,000 42,500 60.97% 36901 Pipes/Culverts 3,000 0 0.00% 36902 Repayment - Damages- Traffic Device 0 0 0.00% 36903 Christmas Parade 500 20 5.00% 36905 Designated Police-Sale of Vehicles 15,000 7,249 28.96% 36906 Designated Fire-Sale of Vehicles 5,000 0 15.33% 36990 Miscellaneous Revenues 25,000 9,950 1.86% 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 13,361,771 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 1,195,825 645,576 69.50% 41100 Administrative 1,051,215 295,280 23.55% 41111 City Council 99,490 25,396 31.29% 41210 Municipal Court 395,640 98,470 22.91% 41520 City Attorney 137,075 28,126 15.39% 41800 Buildings & Grounds Maintenance 362,274 72,363 19.19% 41900 City Hall Complex 51,975 12,145 20.33% 42100 Police 2,515,428 687,372 28.91% 42121 Criminal Investigation 879,088 169,506 16.11% 42123 Patrol 2,500,004 519,883 24.91% 42125 Traffic Division 343,290 37,994 11.75% 42200 Fire Department 3,292,814 714,081 32.53% 42400 Building/Planning/Zoning 642,506 134,509 27.32% 43110 Highway And Street 640,288 89,459 19.37% 43120 Traffic Control & Street Markers 389,132 71,149 19.44% 43170 Transfer Station/Brush Pit/Fleet 9,600 9,628 52.20% 44140 Anima! Control 339,617 65,298 21.05% 44410 Parks and Recreation 1,076,350 207,770 26.44% 44420 Multi-Purpose Recreation Bldg 278,454 57,981 28.07% 44430 Community Center 253,290 28,610 26.47% 44450 McBrien Complex 1,400 268 24.70% 44610 Soccer - Recreation 69,400 9,450 27.75% 44620 Soccer - Indoor 72,700 300 0.02% 44630 Baseball/Softball 65,700 14,095 24.31% 44640 Football/Cheer 15,050 7,108 60.22% 44650 Adult Softball 34,200 8,947 40.08% 44700 Basketball 18,000 0 0.00% 44800 Libraries 296,906 58,311 21.21% 44810 History Museum 625 361 71.52% 46500 Community Development Programs 10,000 1,755 38.63% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 6,678,998 5,431,319 59.92% 49100 Debt Service 96,013 0 0.00% 49400 Capital Projects - Transfer Out 2,279,613 0 0.00% Total Expenditures 26,091,960 9,502,509 34.16% Total ## General Fund QO _ 3,859,262 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 3,107 0.05% 33460 State Grant - HIP Funds 260,000 0 2.65% 33550 2017 Gas Tax Improve 200,000 34,352 8.37% 33551 State Gasoline And Motor Fuel Tax 570,000 103,752 8.26% 36100 Interest Earnings 100 45 42.45% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 1,474,849 0 0.00% Total Revenues and Other Sources 2,919,949 141,256 4.91% EXPENDITURES 43190 State Street Aid 2,919,949 76,575 2.00% Total Expenditures 2,919,949 76,575 2.00% Total ## State Street Aid Fund SS ee 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 5 0.00% 36420 Police Traffic Safety Grant 0 0 0.00% 36421 TN AM Grants 0 0 0.00% 36422 Target Grant 0 0 0.00% 36423 Animal Foundation Grants 0 0 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 25,480 21.00% EXPENDITURES 21211 Due to General Fund 0 0 0.00% 43150 Grants 210,000 (0) 0.22% Total Expenditures 210,000 0 0.00% Total ## Grant Fund — OD __ 25480 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 6,515 6.38% 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 8,666 35.03% EXPENDITURES 42129 Drug Investigation and Control 67,000 1,724 0.00% Total Expenditures 67,000 1,724 0.00% Total ## Drug Investigation Fund Cw) 6.942 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 2,953,777 60.34% 36100 Interest Earnings 0 5} 0.00% Transfer In ie) 0 0.00% Use of Fund Balance 0 ie) 0.00% Total Revenues and Other Sources 6,628,998 2,953,782 60.34% EXPENDITURES Economic Development 5,557,478 0 71.98% Debt Payment 1,071,520 2,953,777 0.00% Total Expenditures 6,628,998 2,953,777 60.34% Total ## Economic Development Fund 0 5 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 1,629,279 540 0.05% 34418 Extra Cans 1,500 460 16.00% 34420 Dumpster Rentals 6,000 1,906 13.33% 34422 Recycling - Transfer Station 2,000 1,630 9.76% 34426 Sale Of Mulch 200 54 0.00% 34430 Refuse Collection And Disposal 2,000 165 16.32% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 0 857,173 0.00% Total Revenues and Other Sources 1,640,979 861,929 0.14% EXPENDITURES 43200 Solid Waste 1,640,979 861,929 31.14% Total Expenditures 1,640,979 861,929 37.14% 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 36100 Interest Earnings 1,000 37940 Transfer In 1,401,000 Use of Fund Balance 0 Total Revenues and Other Sources 2,115,774 EXPENDITURES 49111 Camp Jordan - Phase Two - 2020 145,564 49114 Refunding Bond Issue - 2021 836,763 49300 Series 2022 Bond Issue 726,325 49310 2015 - Exit One/Capital Projects 208,875 49320 2017 - Exit One - 175 0 49412 Public Safety - Lease Purchase 37,800 49413 Public Safety - Capital Outlay Note 106,917 49414 Public Safety - Lease Purchase 53,530 Total Expenditures 2,115,774 Total ## TML Loan Fund 0 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 10.79% 36992 Hamilton County 1,000,000 0 0.00% 37940 Operating Transfers - Other Funds 2,279,613 0 0.00% Use of Fund Balance 0 356,140 0.00% Total Revenues and Other Sources 13,279,613 606,140 5.69% EXPENDITURES 41800 Bldg & Grounds/Maintenance 500,000 0 26.74% 43110 Multi Modal Project - Ringgold Road 4,000,000 590,852 20.85% 43121 North Mack Smith Road 4,850,000 0 1.50% 43122 Resurfacing Projects 500,000 5,288 0.36% 43123 Park Ridge Access Road 0 0 0.00% 44410 Parks & Recreation 0 te) 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 3.51% 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 10,000 40.00% Total Expenditures 11,625,000 606,140 9.90% Total ## Capital Projects Fund 1.654.613 ___0 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 4,142,192 220,847 0.00% Total Revenues and Other Sources 4,142,192 0 0.00% EXPENDITURES 46490 Stormwater Projects - Ringgold Road 4,142,192 220,847 0.00% Total Expenditures 4,142,192 220,847 0.00% Total ## Capital Projects Fund en| Sn|2