City Manager's Report, November 2023

City of East Ridge Summary Financial Statement of Revenues and Expenditures Nov-23 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 6,569,000 363,417 8.49% 31200 Property Taxes (Delinquent) 500,000 263,202 12.29% 31610 Local Sales Tax - Co. Trustee 3,600,000 1,407,977 43.62% 31611 Incremental State Sales Tax 9,304,398 6,237,367 79.50% 31710 Wholesale Beer Tax 420,000 162,979 38.98% 31800 State Net Allocation 290,000 31,593 8.64% 31810 Minimum Business Licenses 7,000 3,776 33.96% 31824 Solictors Permit 0 0 0.00% 31827 5% State Commission 22,000 0 3.67% 31912 * Cable TV Franchise Tax 200,000 56,970 24.75% 31961 Liens Collected by Trustee 25,000 3,215 7.55% 32120 Wrecker Licenses 350 0 0.00% 32200 Alcoholic Beverage Tax 200,000 90,336 44.37% 32210 Beer Licenses & Etc. 8,000 4,151 23.53% 32220 Liquor Licenses 3,500 3,450 41.43% 32225 Fireworks Fees/Permits 3,000 0 0.00% 32226 Annual Fireworks Permit Fee 300 0 0.00% 32610 Building Permits 200,000 66,900 19.10% 32615 Fire Preventions/Permits 1,000 395 59.50% 32620 Electrical Permits 30,000 11,201 27.57% 32630 Plumbing Permits 15,000 7,188 48.30% 32640 Natural Gas Permits 2,000 480 63.55% 32650 Excavating Permits (St. Opening 4,000 4,230 180.00% 32660 Zoning Permits 4,000 2,850 38.75% 32671 Regular Sign Permits 3,500 1,220 43.57% 32672 Temporary Sign Permits 300 75 0.00% 32690 Plan Review Fees 100 0 0.00% 32691 Tree Trimming Permits 100 0 30.00% 32905, Other Code Enforcement Fees 25,000 23,893 38.46% 32960 Yard Sale Permits 200 0 10.00% 32990 Mechanical Permits 15,000 7,717 68.11% 33140 ARPA Funds - Federal 0 3,142,492 0.00% 33190 FEMA/TEMA FY 2021 0 18,280 0.00% 33191 Direct Appropriation State of TN 300,000 5,000,000 100.00% 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 2,627,122 851,208 32.77% 33511 Interstate Telecom. Sales Tax 5,000 1,291 32.42% 33512 Sportsbetting 32,000 13,143 51.78% 33513 Occupcity Tax 1,500 335 41.20% 33515 State Sales Tax/Telecommunications 500 366 0.00% 33520 State Income Tax 0 0 0.00% 33530 ** State Beer Tax 10,192 5,505 52.39% 33540 State Mixed Drink Tax 95,000 33,051 45.98% 33552 State-City Streets And Transportation 40,565 13,537 33.37% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA- Gross Receipts Tax 266,004 66,630 25.53% 33593, Corporate Excise Tax 6,000 0 0.00% 34121 Clerks' Fees - Business Tax 2,000 1,110 42.00% 34211 Accident Report Charges 2,000 1,544 34.55% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 34212 Driver Licenses Reinstatement Fee 2,000 605 12.50% 34221 Ridgeside Fire Service Contract 116,604 37,014 41.67% 34231 Police Services 0 0 0.00% 34314 Mowing 9,800 0 0.00% 34500 Donations - New Animal Shelter 5,000 410 20.00% 34515 Rabies & Spay/Neuter Cert. 500 0 21.00% 34516 Registration 500 65 121.00% 34517 Adoption 1,000 185 0.00% 34518 Board & Impound Fees 1,000 0 14.00% 34520 A/S Donations-Designated 1,000 500 30.00% 34641 Indoor Soccer Income 140,000 73,154 70.32% 34642 Community Center Income 40,000 18,378 59.54% 34643 Outdoor Soccer Fees 70,000 29,145 55.67% 34644 Baseball Fees 35,000 10,975 46.79% 34645 Softball Fees 25,000 7,798 37.44% 34646 Gate 30,000 17,911 58.66% 34648 Adult League - Softball 30,000 13,400 52.38% 34649 Concerts/Events - Camp Jordan 10,000 2,850 7.15% 34651 Multi-Purpose Building (Arena) 140,000 77,182 47.16% 34652 Pavilion Rental 18,000 5,175 48.00% 34653 Track Rental 2,000 0 1.60% 34654 Field Rental 62,000 16,719 45.18% 34655 Amphitheater 14,000 10,500 76.21% 34656 Concessions 40,000 17,340 51.89% 34657 Overnight - Rv Rental 18,000 13,545 43.32% 34658 Tournament Team Fees 1,500 0 156.33% 34712 Sponsorship/Parks & Rec 5,000 1,500 34.00% 34720 Football Gate 3,000 0 164.64% 34751 Basketball Gate 18,000 0 16.43% 34742 Basketball Player Fees 16,000 12,388 102.91% 34743 Football Player Fees 11,000 10,090 111.85% 34744 Photography 1,200 655 0.00% 34745, Vending/Concessions 8,000 3,063 162.02% 34746 Cheerleading 2,000 1,608 47.00% 34747 Rent-Arena Equipment 25,000 0 54.27% 34749 Soccer Field Rentals 60,000 31,666 57.28% 34760 Library Charges 1,200 611 27.46% 34761 Library - Copies 1,500 244 28.22% 34794 Community Center M. Fee 1,000 390 0.00% 35100 Municipal Court Fines & Costs 400,000 159,125 28.88% 35120 Public Defender Fees 500 25 0.00% 35150 Diversion Filing 300 0 0.00% 36100 Interest Earnings 5,000 3,635 84.43% 36211 Rent - Cell Tower 12,925 5,385 273.77% 36310 Sale of Land 0 250,000 0.00% 36330 Sale Of Equipment 10,000 8,047 0.00% 36350 Insurance Recoveries 50,000 42,500 83.29% 36901 Pipes/Culverts 3,000 1,245 0.00% 36902 Repayment - Damages- Traffic Device 0 0 0.00% 36903 Christmas Parade 500 645 119.00% 36905 Designated Police-Sale of Vehicles 15,000 7,258 28.96% 36906 Designated Fire-Sale of Vehicles 5,000 0 15.33% 36990 Miscellaneous Revenues 25,000 15,686 7.62% 36992 Hamilton County 0 0 0.00% 37200 AHO- Fines/Court Costs 1,500 300 0.00% Use of Fund Balance 0 0 0.00% Total Revenues 26,391,960 18,808,990 45.62% 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 1,195,825 742,221 80.46% 41100 Administrative 1,051,215 460,715 40.18% 41111 City Council 99,490 40,479 50.57% 41210 Municipal Court 395,640 158,310 37.73% 41520 City Attorney 137,075 59,953 30.07% 41800 Buildings & Grounds Maintenance 362,274 129,663 30.40% 41900 City Hall Complex 51,975 20,409 39.25% 42100 Police 2,515,428 1,085,063 37.61% 42121 Criminal Investigation 879,088 299,583 28.03% 42123 Patrol 2,500,004 863,011 47.28% 42125 School Resource 300,000 0 0.58% 42125 Traffic Division 343,290 64,508 22.63% 42200 Fire Department 3,599,814 1,104,191 47.53% 42400 Building/Planning/Zoning 642,506 232,185 51.01% 43110 Highway And Street 640,288 175,126 39.90% 43120 Traffic Control & Street Markers 389,132 126,693 46.33% 43170 Transfer Station/Brush Pit/Fleet 9,600 3,984 58.62% 44140 Animal Control 339,617 110,851 38.76% 44410 Parks and Recreation 1,076,350 355,321 45.63% 44420 Multi-Purpose Recreation Bldg 278,454 99,639 44.33% 44430 Community Center 253,290 59,526 45.90% 44450 McBrien Complex 1,400 473 32.60% 44610 Soccer - Recreation 69,400 18,507 33.01% 44620 Soccer - Indoor 72,700 2,143 23.31% 44630 Baseball/Softball 65,700 30,452 56.16% 44640 Football/Cheer 15,050 13,295 113.53% 44650 Adult Softball 34,200 14,902 60.23% 44700 Basketball 18,000 0 0.00% 44800 Libraries 296,906 101,533 36.99% 44810 History Museum 625 469 104.79% 46500 Community Development Programs 10,000 2,978 38.63% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 6,705,798 6,148,386 77.28% 49100 Debt Service 96,013 0 0.00% 49400 Capital Projects - Transfer Out 2,279,613 375,000 0.00% Total Expenditures 26,725,760 12,899,567 48.51% Total ## General Fund __ 0 5,909,423 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 4.33% 33550 2017 Gas Tax Improve 200,000 68,671 25.42% 33551 State Gasoline And Motor Fuel Tax 570,000 201,103 34.89% 36100 Interest Earnings 100 74 73.43% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 1,474,849 0 0.00% Total Revenues and Other Sources 2,919,949 272,955 18.08% EXPENDITURES 43190 State Street Aid 2,919,949 130,192 4.36% Total Expenditures 2,919,949 130,192 4.36% Total ## State Street Aid Fund QO 142.763. _ 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 7 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 1,120 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 2,937 0.00% Total Revenues and Other Sources 210,000 29,065 0.21% EXPENDITURES 21211 Due to General Fund 0 0 0.00% 43150 Grants 210,000 29,066 26.12% Total Expenditures 210,000 29,066 26.12% Total ## Grant Fund —— ns [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 38,544 64.26% 35200 Drug Fines 20,000 9,439 29.72% 35400 Sale of Confiscated Property 2,000 0 0.00% 36990 Misc. Revenues 0 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sources 67,000 47,982 54.02% EXPENDITURES 42129 Drug Investigation and Control 67,000 1,724 5.02% Total Expenditures 67,000 1,724 5.02% Total ## Drug Investigation Fund 0 46,258 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 3,669,829 77.78% 36100 Interest Earnings 0 7 0.00% Transfer In 0 0 0.00% Use of Fund Balance 0 155,000 0.00% Total Revenues and Other Sources 6,628,998 3,824,836 77.78% EXPENDITURES Economic Development 5,557,478 3,824,836 90.19% Debt Payment 1,071,520 (e} 0.00% Total Expenditures 6,628,998 3,824,836 75.61% Total ## Economic Development Fund a 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 1,629,279 103,250 5.32% 34418 Extra Cans 1,500 825 24.00% 34420 Dumpster Rentals 6,000 1,906 26.67% 34422 Recycling - Transfer Station 2,000 1,853 101.74% 34426 Sale Of Mulch 200 54 0.00% 34430 Refuse Collection And Disposal 2,000 415 23.32% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance ie) 1,033,439 0.00% Total Revenues and Other Sources 1,640,979 1,141,742 5.55% EXPENDITURES 43200 — Solid Waste 1,906,979 1,141,742 50.13% Total Expenditures 1,906,979 1,141,742 50.13% Total ## Solid Waste Fund —_-266,000_ 0 Budget amended to reflect payment of garbage truck ordered in FY 2023. 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 713,774 237,274 35.91% 36100 Interest Earnings 1,000 16,164 4307.01% 37940 Transfer In 1,401,000 0 0.00% Use of Fund Balance i} 121,836 0.00% Total Revenues and Other Sources 2,115,774 375,274 14.15% EXPENDITURES 49111 Camp Jordan - Phase Two - 2020 145,564 124,590 86.07% 49114 Refunding Bond Issue - 2021 836,763 97,981 10.56% 49300 Series 2022 Bond Issue 726,325 0 54.80% 49310 2015 - Exit One/Capital Projects 208,875 67,875 32.05% 49411 Public Safety Capital Outlay Note 0 48,955 0.00% 49412 Public Safety - Lease Purchase 37,800 481 0.00% 49413 Public Safety - Capital Outlay Note 106,917 30,000 95.44% 49414 Public Safety - Lease Purchase 53,530 5,392 100.00% Total Expenditures 2,115,774 375,274 39.43% Total ## TML Loan Fund ———] 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 7,000,000 784,286 20.69% 36992 Hamilton County 1,000,000 0 0.00% 37940 Operating Transfers - Other Funds 2,279,613 375,000 0.00% Use of Fund Balance 0 330,858 0.00% Total Revenues and Other Sources 13,279,613 1,740,144 10.91% EXPENDITURES 41800 Bldg & Grounds/Maintenance 500,000 13,900 37.64% 43110 Multi Modal Project - Ringgold Road 4,000,000 1,661,534 34.20% 43121 North Mack Smith Road 4,850,000 29,516 3.38% 43122 Resurfacing Projects 500,000 5,288 0.36% 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 4.33% 44425 Dickert Pond Boardwalk & Pier 0 0 42.14% 44426 Fuel Tank - Public Safety Facility 125,000 0 0.00% 47200 Economic Development 50,000. 29,906 40.00% Total Expenditures 11,625,000 1,740,144 15.75% 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 ARPA FUND 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 0.05% Total Expenditures 4,142,192 220,847 0.05% Total ## Capital Projects Fund Oo ______D