City Manager's Report, March 2024

City of East Ridge Summary Financial Statement of Revenues and Expenditures Mar-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 5,982,049 94.58% 31200 Property Taxes (Delinquent) 500,000 526,337 39.12% 31610 Local Sales Tax - Co. Trustee 3,600,000 2,912,122 87.79% 31611 Incremental State Sales Tax 9,304,398 6,237,367 79.50% 31710 Wholesale Beer Tax 420,000 313,056 74.67% 31800 State Net Allocation 290,000 98,196 25.25% 31810 Minimum Business Licenses 7,000 9,217 48.91% 31824 Solictors Permit 0 0 0.00% 31827 5% State Commission 22,000 14,832 23.29% 31912 * Cable TV Franchise Tax 200,000 111,997 49.01% 31961 Liens Collected by Trustee 25,000 37,221 102.75% 32120 Wrecker Licenses 350 350 114.29% 32200 Alcoholic Beverage Tax 200,000 173,646 89.53% 32210 Beer Licenses & Etc. 8,000 7,884 89.14% 32220 Liquor Licenses 3,500 3,450 41.43% 32225 Fireworks Fees/Permits 3,000 ) 133.33% 32226 Annual Fireworks Permit Fee 300 0 133.33% 32610 Building Permits 200,000 163,000 39.38% 32615 Fire Preventions/Permits 1,000 1,545 139.00% 32620 Electrical Permits 30,000 21,695 47.29% 32630 Plumbing Permits 15,000 15,425 68.46% 32640 Natural Gas Permits 2,000 964 89.20% 32650 Excavating Permits (St. Opening 4,000 4,430 285.00% 32660 Zoning Permits 4,000 3,850 71.25% 32671 Regular Sign Permits 3,500 2,945 103.71% 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 37,246 86.48% 32960 Yard Sale Permits 200 0 15.00% 32990 Mechanical Permits 15,000 17,706 110.61% 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 1,744,072 68.55% 33511 Interstate Telecom. Sales Tax 5,000 2,475 63.69% 33512 Sportsbetting 32,000 25,375 92.08% 33513 Occupcity Tax 1,500 1,063 103.10% 33515 State Sales Tax/Telecommunications 500 793 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 66,365 88.69% 33552 State-City Streets And Transportation 40,565 23,689 66.74% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA- Gross Receipts Tax 266,004 136,644 51.15% 33593 Corporate Excise Tax 6,000 6,139 23.10% 34121 Clerks' Fees - Business Tax 2,000 2,045 74.50% 34211 Accident Report Charges 2,000 3,051 65.80% 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 1,045 36.50% 34221 Ridgeside Fire Service Contract 116,604 74,388 75.00% 34231 Police Services 0 187 0.00% 34314 Mowing 9,800 0 0.00% 34500 Donations - New Animal Shelter 5,000 8,396 78.60% 34515 Rabies & Spay/Neuter Cert. 500 0 45.00% 34516 Registration 500 135 293.60% 34517 Adoption 1,000 185 107.70% 34518 Board & Impound Fees 1,000 95 53.50% 34520 A/S Donations-Designated 1,000 500 30.00% 34641 Indoor Soccer Income 178,350 139,944 101.06% 34642 Community Center Income 40,000 29,108 87.44% 34643 Outdoor Soccer Fees 70,000 67,590 119.96% 34644 Baseball Fees 35,000 31,188 118.27% 34645 Softball Fees 25,000 27,208 69.21% 34646 Gate 30,000 30,342 64.20% 34648 Adult League - Softball 30,000 1,169 95.38% 34649 Concerts/Events - Camp Jordan 10,000 4,038 7.15% 34651 Multi-Purpose Building (Arena) 140,000 114,806 68.18% 34652 Pavilion Rental 18,000 8,080 71.78% 34653 Track Rental 2,000 288 55.10% 34654 Field Rental 62,000 55,194 57.72% 34655 Amphitheater 14,000 10,500 76.28% 34656 Concessions 40,000 27,566 85.02% 34657 Overnight - Rv Rental 18,000 15,960 60.09% 34658 Tournament Team Fees 1,500 480 158.33% 34712 Sponsorship/Parks & Rec 5,000 2,700 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 1,200 679 47.24% 34745 Vending/Concessions 8,000 5,086 177.68% 34746 Cheerleading 2,000 1,608 47.00% 34747 Rent-Arena Equipment 25,000 3,500 70.08% 34749 Soccer Field Rentals 60,000 45,677 101.69% 34760 Library Charges 1,200 779 48.33% 34761 Library - Copies 1,500 354 42.86% 34794 Community Center M. Fee 1,000 565 117.00% 35100 Municipal Court Fines & Costs 400,000 276,932 58.70% 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 7177 155.03% 36211 Rent - Cell Tower 42,925 9,694 92.47% 36310 Sale of Land 0 250,000 0.00% 36330 Sale Of Equipment 10,000 16,046 16.25% 36350 Insurance Recoveries 50,000 55,165 114.47% 36901 Pipes/Culverts 3,000 2,723 21.88% 36902 Repayment - Damages- Traffic Device 0 0 0.00% 36903 Christmas Parade 500 645 119.00% 36905, Police - Sale of Surplus 15,000 19,017 105.76% 36906 Fire - Sale of Surplus 5,000 14,784 15.33% 36990 Miscellaneous Revenues 25,000 28,330 42.20% 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 28,372,998 81.24% EXPENDITURES 41000 General Government 1,308,188 1,011,709 89.02% 41100 Administrative 1,051,215 806,518 71.96% 41111 City Council 99,490 79,631 70.24% 41210 Municipal Court 395,640 280,369 66.37% 41520 City Attorney 137,075 115,498 50.60% 41800 Buildings & Grounds Maintenance 362,274 237,663 50.58% 41900 City Hall Complex 51,975 43,695 71.28% 42100 Police 2,525,428 1,567,262 71.84% 42121 Criminal Investigation 879,088 501,495 56.45% 42123 Patrol 2,811,004 1,942,767 76.47% 42125 School Resource 300,000 0 23.60% 42125 Traffic Division 343,290 125,118 33.88% 42200 Fire Department 3,654,114 1,969,383 79.11% 42400 Building/Planning/Zoning 688,506 410,328 64.93% 43110 Highway And Street 640,288 341,508 70.29% 43120 Traffic Control & Street Markers 389,132 248,224 75.46% 43170 Transfer Station/Brush Pit/Fleet 9,600 9,319 113.15% 44140 Animal Control 339,617 248,812 66.86% 44410 Parks and Recreation 1,151,350 625,288 68.89% 44420 Multi-Purpose Recreation Bldg 278,454 187,350 66.06% 44430 Community Center 303,540 136,508 74.49% 44450 McBrien Complex 1,400 881 51.02% 44610 Soccer - Recreation 69,400 42,795 53.37% 44620 Soccer - Indoor 72,700 80,823 151.16% 44630 Baseball/Softball 82,700 27,273 56.04% 44640 Football/Cheer 17,550 13,893 98.99% 44650 Adult Softball 54,800 20,485 44.76% 44700 Basketball 18,000 17,736 134.90% 44800 Libraries 301,906 184,260 60.49% 44810 History Museum 1,225 785 33.87% 46500 Community Development Programs 10,000 8,513 38.63% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 6,705,798 7,392,028 94.50% 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 19,052,917 73.31% Total ## General Fund 0 _9,320,081 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 4.91% 33550. 2017 Gas Tax Improve 200,000 135,343 57.62% 33551 State Gasoline And Motor Fuel Tax 570,000 391,808 67.34% 33558 City Transport Mod Tax (Electric) 0 0 0.00% 36100 Interest Earnings 100 134 141.26% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 4,474,849 0 0.00% Total Revenues and Other Sources 2,919,949 538,668 35.60% EXPENDITURES 43190 State Street Aid 2,919,949 230,790 7.78% Total Expenditures 2,919,949 230,790 7.78% Total ## State Street Aid Fund — 0 __ 307,879 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 0 0.00% 33493 TML Safety Grant 3,000 3,000 100.00% 36100 Interest Earnings 0 14 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 18,399 0.00% Total Revenues and Other Sources 210,000 61,831 63.24% EXPENDITURES 43150 Grants 210,000 61,831 89.25% Total Expenditures 210,000 61,831 89.25% Total ## Grant Fund 0, 0 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 99,222 119.47% 35200 Drug Fines 20,000 21,819 44.55% 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 67,000 121,041 85.67% EXPENDITURES 42129 Drug Investigation and Control 67,000 18,273 23.06% Total Expenditures 67,000 18,273 23.06% Total ## Drug Investigation Fund __0 102.768 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 93.94% 36100 Interest Earnings 0 7 0.00% Transfer In i} 0 0.00% Use of Fund Balance 0 155,000 0.00% Total Revenues and Other Sources 6,628,998 3,824,836 93.94% EXPENDITURES Economic Development 5,557,478 3,824,836 92.77% Debt Payment 41,071,520 0 0.00% Total Expenditures 6,628,998 3,824,836 77.78% Total ## Economic Development Fund |E ———————n 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 1,421,602 87.84% 34418 Extra Cans 1,500 1,425 90.00% 34420 Dumpster Rentals 6,000 3,766 70.67% 34422 Recycling - Transfer Station 2,000 2,786 187.15% 34426 Sale Of Mulch 200 54 0.00% 34430 Refuse Collection And Disposal 2,000 722 26.82% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 0 233,581 0.00% Total Revenues and Other Sources 1,640,979 1,663,936 87.82% EXPENDITURES 43200 Solid Waste 4,906,979 1,663,936 76.06% Total Expenditures 1,906,979 1,663,936 76.06% 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 713,774 463,742 68.86% 36100 Interest Earnings 1,000 36,648 7951.47% 37940 Transfer In 1,401,000 0 23.52% Use of Fund Balance 0 137,592 0.00% Total Revenues and Other Sources 2,115,774 637,982 42.56% 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 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 0 481 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 2,115,774 637,982 50.52% 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 4.87% 33123 Dog Dash Grant i} 0 0.00% 34510 Dog Park Donations i} 0 0.00% 36421 TN American Water Grant 0 250,000 0.00% 36915 Bond Proceeds 7,000,000 1,739,630 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 0 226,861 0.00% Total Revenues and Other Sources 13,279,613 3,577,932 18.34% 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 3,070,251 56.21% 43121 North Mack Smith Road 4,850,000 320,070 4.33% 43122 Resurfacing Projects 500,000 16,655 0.36% 43123 Park Ridge Access Road 0 3,094 0.00% 44410 Parks & Recreation 0 29,966 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 12.77% 44425 Dickert Pond Boardwalk & Pier 77 AI7 66,575 42.14% 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 3,577,932 26.83% Total ## Capital Projects Fund 1,577,196. 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 QO 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 11.78% 46490 Stormwater Projects - Ringgold Road 1,000,000 1,207,289 15.13% Total Expenditures 4,142,192 1,207,289 13.68% Total ## Capital Projects Fund a 5 0