City Manager's Report, May 2024

City of East Ridge Summary Financial Statement of Revenues and Expenditures May-24 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 6,173,104 97.96% 31200 Property Taxes (Delinquent) 500,000 592,862 44.95% 31610 Local Sales Tax - Co. Trustee 3,600,000 3,598,506 106.97% 31611 Incremental State Sales Tax 9,304,398 6,237,367 31710 Wholesale Beer Tax 420,000 402,315 31800 State Net Allocation 290,000 310,165 31810 Minimum Business Licenses 7,000 9,217 31824 Solictors Permit 0 0 31827 5% State Commission 22,000 24,441 31912 * Cable TV Franchise Tax 200,000 164,226 31961 Liens Collected by Trustee 25,000 39,527 32120 Wrecker Licenses 350 350 32200 Alcoholic Beverage Tax 200,000 226,191 108.70% 32210 Beer Licenses & Etc. 8,000 7,964 98.34% 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 200,000 186,800 43.31% 32615 Fire Preventions/Permits 1,000 1,795 233.00% 32620 Electrical Permits 30,000. 29,195 56.82% 32630 Plumbing Permits 15,000 20,823 80.91% 32640 Natural Gas Permits 2,000 1,695 103.25% 32650 Excavating Permits (St. Opening 4,000 4,630 460.00% 32660 Zoning Permits 4,000 4,425 98.75% 32671 Regular Sign Permits 3,500 3,985 112.00% 32672 Temporary Sign Permits 300 75 0.00% 32690 Plan Review Fees 100 0 0.00% 32691 Tree Trimming Permits 100 20 30.00% 32905 Other Code Enforcement Fees 25,000 46,628 115.57% 32960 Yard Sale Permits 200 10 25.00% 32990 Mechanical Permits 15,000 24,406 128.65% 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 Grar 19,200 20,000 0.00% 33510 State Sales Tax 2,627,122 2,176,901 85.66% 33511 Interstate Telecom. Sales Tax 5,000 3,313 79.27% 33512 Sportsbetting 32,000 36,154 128.60% 33513 Occupcity Tax 1,500 1,214 132.91% 33515, State Sales Tax/Telecommunicatioi 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 85,783 112.66% 33552 State-City Streets And Transportati: 40,565 30,458 83.39% 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 2,675 118.45% 34211 Accident Report Charges 2,000 2,787 81.80% 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 1,765 76.50% 34221 Ridgeside Fire Service Contract 116,604 93,074 91.67% 34231 Police Services 0 1,157 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 500 195 349.60% 34517 Adoption 1,000 185 141.20% 34518 Board & Impound Fees 1,000 165 56.00% 34520 A/S Donations-Designated 1,000 1,091 30.00% 34641 Indoor Soccer Income 178,350 139,944 101.15% 34642 Community Center Income 40,000 36,138 100.21% 34643 Outdoor Soccer Fees 70,000 67,590 120.06% 34644 Baseball Fees 35,000 35,947 140.02% 34645 Softball Fees 25,000 27,208 69.21% 34646 Gate 30,000 41,608 178.62% 34648 Adult League - Softball 30,000 28,500 95.38% 34649 Concerts/Events - Camp Jordan 10,000 6,638 7.15% 34651 Multi-Purpose Building (Arena) 140,000 151,513 93.61% 34652 Pavilion Rental 18,000 41,225 111.53% 34653 Track Rental 2,000 678 76.85% 34654 Field Rental 62,000 63,572 107.29% 34655, Amphitheater 14,000 13,150 82.40% 34656 Concessions 40,000 38,696 139.44% 34657 Overnight - Rv Rental 18,000 18,525 87.40% 34658 Tournament Team Fees 1,500 2,399 265.00% 34712 Sponsorship/Parks & Rec 5,000 4,700 93.00% 34720 Football Gate 3,000 0 234.10% 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 5,847 192.61% 34746 Cheerleading 2,000 1,608 47.00% 34747 Rent-Arena Equipment 25,000 6,121 102.07% 34749 Soccer Field Rentals 60,000 48,030 107.52% 34760 Library Charges 1,200 882 57.16% 34761 Library - Copies 1,500 534 49.15% 34794 Community Center M. Fee 1,000 565 165.50% 35100 Municipal Court Fines & Costs 400,000 338,096 76.83% 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 9,623 183.81% 36211 Rent - Cell Tower 42,925 11,848 97.49% 36310 Sale of Land 0 250,000 0.00% 36330 Sale Of Equipment 10,000 25,509 43.56% 36350 Insurance Recoveries 50,000 55,165 114.47% 36901 Pipes/Culverts 3,000 5,246 60.79% 36902 Repayment - Damages- Traffic Dev 0 0 0.00% 36903 Christmas Parade 500 645 105.76% 36905 Police - Sale of Surplus 15,000 22,461 226.34% 36906 Fire - Sale of Surplus 5,000 14,931 735.33% 36990 Miscellaneous Revenues 25,000 19,978 55.01% 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 30,540,587 90.09% EXPENDITURES 41000 General Government 1,308,188 1,129,311 94.28% 41100 Administrative 1,051,215 958,419 90.93% 41111 City Council 99,490 95,920 92.77% 41210 Municipal Court 395,640 338,840 81.72% 41520 City Attorney 137,075 136,313 73.64% 41800 Buildings & Grounds Maintenance 362,274 285,368 64.84% 41900 City Hall Complex 51,975 49,634 85.20% 42100 Police 2,525,428 2,170,734 85.16% 42121 Criminal Investigation 879,088 595,984 75.93% 42123 Patrol 2,811,004 2,339,212 96.78% 42125 School Resource 300,000 0 46.96% 42125 Traffic Division 343,290 151,216 39.16% 42200 Fire Department 3,654,114 3,205,586 94.40% 42400 Building/Planning/Zoning 688,506 500,826 75.39% 43110 Highway And Street 640,288 452,648 84.20% 43120 Traffic Control & Street Markers 389,132 298,030 94.81% 43170 Transfer Station/Brush Pit/Fleet 9,600 11,253 143.81% 44140 Animal Control 339,617 298,489 86.42% 44410 Parks and Recreation 1,151,350 778,416 84.74% 44420 Multi-Purpose Recreation Bldg 278,454 233,120 86.63% 44430 Community Center 303,540 173,510 93.14% 44450 McBrien Complex 1,400 991 65.61% 44610 Soccer - Recreation 69,400 45,571 107.71% 44620 Soccer - Indoor 72,700 88,300 151.66% 44630 Baseball/Softball 82,700 59,713 105.76% 44640 Football/Cheer 17,550 13,893 140.24% 44650 Adult Softball 54,800 31,442 66.77% 44700 Basketball 18,000 17,736 134.90% 44800 Libraries 301,906 223,984 75.72% 44810 History Museum 1,225 903 53.38% 46500 Community Development Programs 10,000 11,018 38.63% 43530 Transfer to ARPA Fund 0 3,142,192 0.00% 47200 Economic Development 6,705,798 9,282,699 95.24% 49100 Debt Service 96,013 497,305 100.00% 49400 Capital Projects - Transfer Out 2,279,613 375,000 0.00% Total Expenditures 26,725,760 27,993,577 84.40% Total ## General Fund 0 2,547,782 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 9,785 4.91% 33550 2017 Gas Tax Improve 200,000 165,885 64.83% 33551 State Gasoline And Motor Fuel Tax 570,000 478,045 74.46% 33558 City Transport Mod Tax (Electric) 0 0 0.00% 36100 Interest Earnings 100 167 171.68% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 1,474,849 151,226 0.00% Total Revenues and Other Sourc: 2,919,949 808,214 40.14% EXPENDITURES 43190 State Street Aid 2,919,949 808,214 23.30% Total Expenditures 2,919,949 808,214 23.30% Total ## State Street Aid Fund Oo 0 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 1,054,000 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 18 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 0 100.40% 36962 Operating Transfers-Capital Projeci 0 0 0.00% Use of Fund Balance 8.000 0 0.00% Total Revenues and Other Sourc: 210,000 1,097,879 96.62% EXPENDITURES 43150 Grants 210,000 62,438 93.30% Total Expenditures 210,000 61,831 93.30% Total ## Grant Fund __0 1,035,444 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 99,222 139.23% 35200 Drug Fines 20,000 40,018 63.82% 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 Sourc: 67,000 139,760 113.43% EXPENDITURES 42129 Drug Investigation and Control 67,000 18,273 26.35% Total Expenditures 67,000 18,273 26.34% Total ## Drug Investigation Fund ——— 9 ___121,4 87 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 4,265,002 94.44% 33191 Direct Appropriation-State of TN 0 1,287,500 0.00% 36100 Interest Earnings 0 19 0.00% Transfer In 0 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sourc: 6,628,998 5,552,521 94.44% EXPENDITURES Economic Development 5,557,478 3,824,836 93.36% Debt Payment 1,071,520 ie) 100.00% Total Expenditures 6,628,998 3,824,836 94.44% Total ## Economic Development Fund __ 0 1,727,685 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 1,476,592 91.39% 34418 Extra Cans 1,500 1,845 98.00% 34420 Dumpster Rentals 6,000 4,566 86.67% 34422 Recycling - Transfer Station 2,000 4,982 187.15% 34426 Sale Of Mulch 200 86 22.00% 34430 Refuse Collection And Disposal 2,000 882 32.82% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 0 579,273 0.00% Total Revenues and Other Sourc: 1,640,979 2,068,227 91.41% EXPENDITURES 43200 Solid Waste 1,906,979 2,068,227 91.82% Total Expenditures 1,906,979 2,068,227 91.82% Total ## Solid Waste Fund — 266,000, __.__0 Budget amended to show use of fund balance to purchase equipment 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 713,774 591,006 95.14% 36100 Interest Earnings 1,000 49,538 10036.41% 37940 Transfer In 1,401,000 771,475 100.00% Use of Fund Balance 0 23,720 0.00% Total Revenues and Other Sourc: 2,115,774 1,435,739 98.80% EXPENDITURES 49111 Camp Jordan - Phase Two - 2020 145,564 144,872 99.08% 49114 Refunding Bond Issue - 2021 836,763 835,963 100.06% 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 53,969 0.00% 49411 Public Safety Capital Outlay Note 0 34,962 0.00% 49412 Public Safety - Lease Purchase 37,800 30,000 0.00% 49413 Public Safety - Capital Outlay Note 106,917 106,309 99.46% 49414 Public Safety - Lease Purchase 53,530. 0 100.00% Total Expenditures 2,115,774 1,435,739 87.01% 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 33120 TDOT 2015 Multi Modal Grant 3,000,000 231,386 33123 Dog Dash Grant 0 0 34510 Dog Park Donations 0 0 36421 TN American Water Grant 0 250,000 36915 Bond Proceeds 7,000,000 2,645,221 36990 Misc. Revenues 0 4,126 38992 Hamilton County 1,000,000 0 37940 Operating Transfers - Other Funds 2,279,613 2,297,127 Use of Fund Balance 0 i} Total Revenues and Other Source: 13,279,613 5,427,860 EXPENDITURES 41800 Bldg & Grounds/Maintenance 500,000 52,366 41920 Multi Purpose Pavillion - Town Ctr 0 0 43110 Multi Modal Project - Ringgold Roa 4,000,000 3,364,848 43121 North Mack Smith Road 4,850,000 730,663 43122 Resurfacing Projects 500,000 516,655 43123 Park Ridge Access Road 0 4,543 44410 Parks & Recreation 0 63,711 44421 Splash Pad/Playground 0 0 44423 Dog Park - Town Center 0 0 44424 Animal Shelter Building 1,600,000 41,905 44425 Dickert Pond Boardwalk & Pier 77,417 113,225 44426 Fuel Tank - Public Safety Facility 125,000 0 44430 Community Center - Upgrade 0 0 47200 Economic Development 50,000. 39,906. Total Expenditures 11,702,417 4,927,821 Total ## Capital Projects Fund 1,577,196 500,039 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 3,142,192 0.00% Use of Fund Balance 4,142,192 0 35.39% Total Revenues and Other Sourc: 4,142,192 3,142,192 0.00% EXPENDITURES 44424 Animal Shelter Facility 3,142,192 0 26.72% 46490 Stormwater Projects - Ringgold Ro: 1,000,000 2,142,974 15.13% Total Expenditures 4,142,192 2,142,974 20.13% Total ## Capital Projects Fund ——_—____). —__999.218.