City Manager's Report, April 2024

City of East Ridge Summary Financial Statement of Revenues and Expenditures Apr-24 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 6,103,642 97.02% 31200 Property Taxes (Delinquent) 500,000 549,905 41.91% 31610 Local Sales Tax - Co. Trustee 3,600,000 3,255,441 97.38% 31611 Incremental State Sales Tax 9,304,398 6,237,367 79.50% 31710 Wholesale Beer Tax 420,000 362,381 84.47% 31800 Slale Nel Allocation 290,000 117,845 37.89% 31810 Minimum Business Licenses 7,000 9,217 48.91% 31824 Solictors Permit 0 0 0.00% 31827 5% State Commission 22,000 4,612 42.56% 31912 * Cable TV Franchise Tax 200,000 112,756 57.92% 31961 Liens Collected by Trustee 25,000 39,527 113.49% 32120 Wrecker Licenses 350 350 114.29% 32200 Alcoholic Beverage Tax 200,000 189,023 103.02% 32210 Beer Licenses & Etc. 8,000 7,964 93.17% 32220 Liquor Licenses 3,500 3,450 12.86% 32225 Fireworks Fees/Permits 3,000 1,000 166.67% 32226 Annual Fireworks Permit Fee 300 100 166.67% 32610 Building Permits 200,000 168,766 41.06% 32615 Fire Preventions/Permits 1,000 1,795 183.50% 32620 Electrical Permits 30,000 24,777 50.49% 32630 Plumbing Permits 15,000 17,245 76.13% 32640 Natural Gas Permits 2,000 1,359 89.20% 32650 Excavating Permits (St. Opening 4,000 4,630 410.00% 32660 Zoning Permits 4,000 4,125 101.25% 32671 Regular Sign Permits 3,500 3,460 108.29% 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 46,528 65.84% 32960 Yard Sale Permits 200 0 20.00% 32990 Mechanical Permits 15,000 22,726 128.65% 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 31,200 82.98% 33430 State Fire Service Educational Grant 19,200 20,000 0.00% 33510 State Sales Tax 2,627,122 1,942,907 76.63% 33511 Interstate Telecom. Sales Tax 5,000 2,894 72.13% 33512 Sportsbetting 32,000 25,375 92.08% 33513 Occupcity Tax 1,500 1,152 112.64% 33515 State Sales Tax/Telecommunications 500 793 0.00% 33520 State Income Tax 0 0 0.00% 33530 ** State Beer Tax 10,192 10,122 95.60% 33540 State Mixed Drink Tax 95,000 76,153 100.02% 33552 State-City Streets And Transportation 40,565 27,073 75.07% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA- Gross Receipts Tax 266,004 203,274 76.68% 33593 Corporate Excise Tax 6,000 6,139 23.10% 34121 Clerks' Fees - Business Tax 2,000 2,240 94.75% 34211 Accident Report Charges 2,000 2,355 71.90% 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 1,765 76.50% 34221 Ridgeside Fire Service Contract 116,604 83,731 83.33% 34231 Police Services 0 187 0.00% 34314 Mowing 9,800 0 0.00% 34500 Donations - New Animal Shelter 5,000 8,396 81.61% 34515 Rabies & Spay/Neuter Cert. 500 0 48.00% 34516 Registration 500 175 312.60% 34517 Adoption 1,000 185 133.70% 34518 Board & Impound Fees 1,000 95 56.00% 34520 A/S Donations-Designated 1,000 500 30.00% 34641 Indoor Soccer Income 178,350 139,944 101.15% 34642 Community Center Income 40,000 32,773 95.85% 34643, Outdoor Soccer Fees 70,000 67,590 119.96% 34644, Baseball Fees 35,000 33,488 120.25% 34645 Softball Fees 25,000 27,208 69.21% 34646 Gate 30,000 30,342 139.35% 34648 Adult League - Softball 30,000 29,319 95.38% 34649 Concerts/Events - Camp Jordan 10,000 6,638 7.15% 34651 Multi-Purpose Building (Arena) 140,000 133,130 83.17% 34652 Pavilion Rental 18,000 9,755 96.53% 34653 Track Rental 2,000 288 55.10% 34654 Field Rental 62,000 57,522 81.27% 34655 Amphitheater 14,000 10,500 82.40% 34656 Concessions 40,000 31,418 108.04% 34657 Overnight - Rv Rental 18,000 17,500 70.84% 34658 Tournament Team Fees 1,500 1,967 219.33% 34712 Sponsorship/Parks & Rec 5,000 4,700 93.00% 34720 Football Gate 3,000 0 164.64% 34751 Basketball Gate 18,000 16,851 96.85% 34742 Basketball Player Fees 16,000 15,730 140.44% 34743 Football Player Fees 11,000 10,090 191.49% 34744 Photography 1,200 1,135 85.70% 34745 Vending/Concessions 8,000 5,113 179.42% 34746 Cheerleading 2,000 1,608 47.00% 34747 Rent-Arena Equipment 25,000 6,121 82.27% 34749 Soccer Field Rentals 60,000 47,120 106.35% 34760 Library Charges 1,200 855 56.58% 34761 Library - Copies 1,500 450 46.83% 34794 Community Center M. Fee 1,000 565 148.50% 35100 Municipal Court Fines & Costs 400,000 309,748 64.73% 35110 Fortfeiture of Bond 0 0 0.00% 35120 Public Defender Fees 500 25 0.00% 35150 Diversion Filing 300 0 0.00% 36100 Interest Earnings 5,000 8,084 169.20% 36211 Rent - Cell Tower 42,925 10,771 94.98% 36310 Sale of Land 0 250,000 0.00% 36330 Sale Of Equipment 10,000 16,046 39.74% 36350 Insurance Recoveries 50,000 55,165 114.47% 36901 Pipes/Culverts 3,000 3,203 60.79% 36902 Repayment - Damages- Traffic Device 0 0 0.00% 36903 Christmas Parade 500 645 105.76% 36905 Police - Sale of Surplus 15,000 22,453 105.76% 36906 Fire - Sale of Surplus 5,000 14,931 735.33% 36990 Miscellaneous Revenues 25,000 19,263 52.39% 36992 Hamilton County 20,000 0 0.00% 37200 AHO- Fines/Court Costs 1,500 300 0.00% Use of Fund Balance 245,450 0 0.00% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % Total Revenues 26,725,760 29,347,899 85.50% EXPENDITURES 41000 General Government 1,308,188 1,079,165 91.51% 41100 Administrative 1,051,215 885,454 79.76% 41111 City Council 99,490 88,008 76.49% 41210 Municipal Court 395,640 308,792 73.31% 41520 City Attorney 137,075 125,564 63.01% 41800 Buildings & Grounds Maintenance 362,274 260,026 55.72% 41900 City Hall Complex 51,975 46,692 79.03% 42100 Police 2,525,428 1,899,324 77.55% 42121 Criminal Investigation 879,088 549,493 64.35% 42123 Patrol 2,811,004 2,150,761 84.80% 42125 School Resource 300,000 0 40.86% 42125 Traffic Division 343,290 137,843 36.04% 42200 Fire Department 3,654,114 2,761,401 85.61% 42400 Building/Planning/Zoning 688,506 460,619 69.20% 43110 Highway And Street 640,288 383,462 76.56% 43120 Traffic Control & Street Markers 389,132 274,262 87.50% 43170 Transfer Station/Brush Pit/Fleet 9,600 9,450 141.69% 44140 Animal Control 339,617 277,342 75.77% 44410 Parks and Recreation 1,151,350 698,337 75.48% 44420 Multi-Purpose Recreation Bldg 278,454 212,026 76.36% 44430 Community Center 303,540 159,631 80.67% 44450 McBrien Complex 1,400 937 61.61% 44610 Soccer - Recreation 69,400 42,953 84.56% 44620 Soccer - Indoor 72,700 83,862 151.66% 44630 Baseball/Softball 82,700 52,944 92.18% 44640 Football/Cheer 17,550 13,893 105.22% 44650 Adult Softball 54,800 25,875 50.61% 44700 Basketball 18,000 17,736 134.90% 44800 Libraries 301,906 204,794 66.81% 44810 History Museum 1,225 844 48.97% 46500 Community Development Programs 10,000 9,810 38.63% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 6,705,798 7,398,801 95.15% 49100 Debt Service 96,013 0 100.00% 49400 Capital Projects - Transfer Out 2,279,613 375,000 0.00% Total Expenditures 26,725,760 20,995,100 78.27% Total ## General Fund 0 8.352.800 [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 0.45% 33460 State Grant - HIP Funds 260,000 8,276 491% 33550 2017 Gas Tax Improve 200,000 148,741 64.83% 33551 State Gasoline And Motor Fuel Tax 570,000 430,135 74.46% 33558 City Transport Mod Tax (Electric) 0 0 0.00% 36100 Interest Earnings 100 149 157.61% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 1,474,849 (0) 0.00% Total Revenues and Other Sources 2,919,949 590,409 39.45% EXPENDITURES 43190 State Street Aid 2,919,949 279,076 22.20% Total Expenditures 2,919,949 279,076 22.20% Total ## State Street Aid Fund ices amen l 12332, 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 4,000 0.00% 33120 TDOT 2015 Multi Modal Grant 0 0 0.00% 33425 Aquatic Stream Clean Grant 1,000 443 0.00% 33493 TML Safety Grant 3,000 3,000 100.00% 36100 Interest Earnings 0 15 0.00% 36420 Police Traffic Safety Grant 0 4,548 0.00% 36421 TN AM Grants 0 1,000 0.00% 36422 Target Grant 0 0 0.00% 36423 Animal Foundation Grants 0 0 0.00% 36711 Safety Conservation Grant 4,000 4,750 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 64.91% 36962 Operating Transfers-Capital Projects 0 0 0.00% Use of Fund Balance 8,000 17,955 0.00% Total Revenues and Other Sources 210,000 61,831 63.24% EXPENDITURES 43150 Grants 210,000 61,831 93.30% Total Expenditures 210,000 61,831 93.30% Total ## Grant Fund 2 sD 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 99,222 126.58% 35200 Drug Fines 20,000 38,767 63.30% 35400 Sale of Confiscated Property 2,000 519 0.00% 36990 Misc. Revenues 0 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sources 67,000 138,508 94.98% EXPENDITURES 42129 Drug Investigation and Control 67,000 18,273 23.06% Total Expenditures 67,000 18,273 23.06% Total ## Drug Investigation Fund ee een ee 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 94.44% 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 94.44% EXPENDITURES Economic Development 5,557,478 3,824,836 93.36% Debt Payment 1,071,520 0 100.00% Total Expenditures 6,628,998 3,824,836 94.44% Total ## Economic Development Fund ——EEE 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 oO 0 0.00% 34416 Special Assessment - Garbage 1,629,279 1,457,492 90.28% 34418 Extra Cans 1,500 1,605 90.00% 34420 Dumpster Rentals 6,000 4,166 70.67% 34422 Recycling - Transfer Station 2,000 4,620 187.15% 34426 Sale Of Mulch 200 86 0.00% 34430 Refuse Collection And Disposal 2,000 862 26.82% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 0 327,578 0.00% Total Revenues and Other Sources 1,640,979 1,796,409 90.25% EXPENDITURES 43200 Solid Waste 1,906,979 1,796,409 83.55% Total Expenditures 1,906,979 1,796,409 83.55% 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 713,774 520,538 84.09% 36100 Interest Earnings 1,000 42,407 8915.46% 37940 Transfer In 1,401,000 0 23.52% Use of Fund Balance 0 95.319 0.00% Total Revenues and Other Sources 2,115,774 658,264 98.80% EXPENDITURES 49111 Camp Jordan - Phase Two - 2020 145,564 144,872 99.08% 49114 Refunding Bond Issue - 2021 836,763 97,981 100.06% 49300 Series 2022 Bond Issue 726,325 18,915 67.57% 49310 2015 - Exit One/Capital Projects 208,875 210,750 100.00% 49410 Public Safety Capital Outlay Note 0 48,955 0.00% 49411 Public Safety Capital Outlay Note 0 482 0.00% 49412 Public Safety - Lease Purchase 37,800 30,000 0.00% 49413 Public Safety - Capital Outlay Note 106,917 106,309 95.44% 49414 Public Safety - Lease Purchase 53,530 0 100.00% Total Expenditures 2,115,774 658,264 86.81% 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 25.90% 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 2,645,221 32.70% 36992 Hamilton County 1,000,000 0 0.00% 37940 Operating Transfers - Other Funds 2,279,613 1,361,442 0.00% Use of Fund Balance 0 (0) 0.00% Total Revenues and Other Sources 13,279,613 4,256,662 23.09% EXPENDITURES 41800 Bldg & Grounds/Maintenance 500,000 31,415 56.97% 41920 Multi Purpose Pavillion - Town Ctr 0 0 0.00% 43110 Multi Modal Project - Ringgold Road 4,000,000 3,494,455 67.39% 43121 North Mack Smith Road 4,850,000 437,975 5.09% 43122 Resurfacing Projects 500,000 16,655 0.36% 43123 Park Ridge Access Road 0 3,094 0.00% 44410 Parks & Recreation 0 63,711 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 14,000 13.33% 44425 Dickert Pond Boardwalk & Pier 77,417 68,225 67.97% 44426 Fuel Tank - Public Safety Facility 125,000 0 0.00% 44430 Community Center - Upgrade 0 0 0.00% 47200 Economic Development 50,000 39,906. 40.00% Total Expenditures 11,702,417 4,169,436 31.76% Total ## Capital Projects Fund 1,577,196 _ __ 82,226 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 1,207,289 0.00% Total Revenues and Other Sources 4,142,192 1,207,289 0.00% EXPENDITURES 44424 Animal Shelter Facility 3,142,192 0 26.72% 46490 Stormwater Projects - Ringgold Road 1,000,000 1,207,289 15.13% Total Expenditures 4,142,192 1,207,289 20.13% Total ## Capital Projects Fund 0 tt}