City Manager's Report, June 2024

City of East Ridge Summary Financial Statement of Revenues and Expenditures Jun-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 6,247,375 98.99% 31200 Property Taxes (Delinquent) 500,000 664,605 61.53% 31610 Local Sales Tax - Co. Trustee 3,600,000 4,382,457 129.22% 31611 Incremental State Sales Tax 9,304,398 6,237,367 79.50% 31710 Wholesale Beer Tax 420,000 475,191 120.76% 31800 State Net Allocation 290,000 377,970 131.23% 31810 Minimum Business Licenses 7,000 9,217 48.91% 31824 Solictors Permit 0 0 0.00% 31827 5% State Commission 22,000 31,473 168.26% 31912 * Cable TV Franchise Tax 200,000 216,576 94.11% 31961 Liens Collected by Trustee 25,000 65,116 143.59% 32120 Wrecker Licenses 350 350 114.29% 32200 Alcoholic Beverage Tax 200,000 256,976 122.58% 32210 Beer Licenses & Etc. 8,000 8,014 98.34% 32220 Liquor Licenses 3,500 5,300 12.86% 32225 Fireworks Fees/Permits 3,000 1,000 166.67% 32226 Annual Fireworks Permit Fee 300 100 166.67% 32227 Vacation Rental Fee 0 0 0.00% 32610 Building Permits 200,000 193,433 55.29% 32615 Fire Preventions/Permits 1,000 1,845 258.00% 32620 Electrical Permits 30,000 32,183 63.99% 32630 Plumbing Permits 15,000 22,044 90.90% 32640 Natural Gas Permits 2,000 1,902 103.25% 32650 Excavating Permits (St. Opening 4,000 4,630 470.00% 32660 Zoning Permits 4,000 5,450 98.75% 32671 Regular Sign Permits 3,500 4,680 121.57% 32672 Temporary Sign Permits 300 75 0.00% 32690 Plan Review Fees 100 0 0.00% 32691 Tree Trimming Permits 100 20 50.00% 32905 Other Code Enforcement Fees 25,000 59,183 147.11% 32960 Yard Sale Permits 200 10 30.00% 32990 Mechanical Permits 15,000 25,431 157.42% 33140 ARPA Funds - Federal 0 0 0.00% 33190 FEMA/TEMA FY 2021 0 18,280 0.00% 33191 Direct Appropriation State of TN 300,000 50,000 100.00% 33410 State Law Enforcement Education 37,600 31,763 90.96% 33430 State Fire Service Educational Grat 19,200 20,000 104.17% 33510 State Sales Tax 2,627,122 2,630,788 103.55% 33511 Interstate Telecom. Sales Tax 5,000 4094.21 87.24% 33512 Sportsbetting 32,000 36,154 128.60% 33513 Occupcity Tax 1,500 1,344 153.17% 33515 State Sales Tax/Telecommunicatio1 500 797 83.22% 33520 State Income Tax 0 72 0.00% 33530 ** State Beer Tax 10,192 10,122 95.60% 33540 State Mixed Drink Tax 95,000 115,001 138.79% 33552 State-City Streets And Transportati: 40,565 37,226 100.05% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA- Gross Receipts Tax 266,004 269,904 102.21% 33593 Corporate Excise Tax 6,000 6,139 23.10% 34121 Clerks' Fees - Business Tax 2,000 2,765 134.95% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 34211 Accident Report Charges 2,000 2,979 87.20% 34212 Driver Licenses Reinstatement Fee 2,000 2,370 120.50% 34221 Ridgeside Fire Service Contract 116,604 111,761 100.00% 34231 Police Services 0 1,157 0.00% 34314 Mowing 9,800 9,800 100.00% 34500 Donations - New Animal Shelter 5,000 8,616 92.81% 34515 Rabies & Spay/Neuter Cert. 500 0 48.00% 34516 Registration 500 205 379.60% 34517 Adoption 1,000 185 141.20% 34518 Board & Impound Fees 1,000 165 59.50% 34520 A/S Donations-Designated 1,000 1,091 30.00% 34641 Indoor Soccer Income 178,350 131,504 101.15% 34642 Community Center Income 40,000 40,496 109.40% 34643 Outdoor Soccer Fees 70,000 63,536 120.54% 34644 Baseball Fees 35,000 34,978 148.48% 34645 Softball Fees 25,000 30,549 69.21% 34646 Gate 30,000 40,439 178.62% 34647 McBrien Complex 0 1,169 0.00% 34648 Adult League - Softball 30,000 28,425 99.38% 34649 Concerts/Events - Camp Jordan 10,000 6,638 77.60% 34651 Multi-Purpose Building (Arena) 140,000 162,690 104.12% 34652 Pavilion Rental 18,000 13,100 117.47% 34653, Track Rental 2,000 678 76.85% 34654 Field Rental 62,000 72,562 126.47% 34655, Amphitheater 14,000 13,150 85.21% 34656 Concessions 40,000 45,723 199.44% 34657 Overnight - Rv Rental 18,000 21,175 107.18% 34658 Tournament Team Fees 1,500 2,634 281.67% 34712 Sponsorship/Parks & Rec 5,000 4,898 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 13,958 140.44% 34743 Football Player Fees 11,000 9,725 191.49% 34744 Photography 1,200 1,135 140.13% 34745 Vending/Concessions 8,000 6,948 207.99% 34746 Cheerleading 2,000 830 47.00% 34747 Rent-Arena Equipment 25,000 6,121 123.25% 34749 Soccer Field Rentals 60,000 61,693 137.98% 34760 Library Charges 1,200 1,009 74.42% 34761 Library - Copies 1,500 573 52.18% 34794 Community Center M. Fee 1,000 565 180.00% 35100 Municipal Court Fines & Costs 400,000 363,122 83.70% 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 10,476 200.45% 36211 Rent - Cell Tower 42,925 12,925 100.00% 36310 Sale of Land 0 250,000 0.00% 36330 Sale Of Equipment 10,000 25,509 43.56% 36350 Insurance Recoveries 50,000 57,630 116.47% 36901 Pipes/Culverts 3,000 5,246 60.79% 36902 Repayment - Damages- Traffic Dev ie} 0 0.00% 36903 Christmas Parade 500 645 119.00% 36905 Police - Sale of Surplus 15,000 22,481 226.34% 36906 Fire - Sale of Surplus 5,000 14,931 735.33% 36990 Miscellaneous Revenues 25,000 46,605 91.84% 36992 Hamilton County 20,000 3,000 102.70% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2023 FY 2024 YTD Avg Yr % 37200 AHO- Fines/Court Costs 1,500 300 0.00% Use of Fund Balance 0 0 0.00% Total Revenues 26,480,310 24,349,432 97.66% EXPENDITURES 41000 General Government 1,368,188 1,186,429 93.25% 41100 Administrative 1,066,215 1,103,912 97.51% 41111 City Council 99,490 101,357 96.71% 41210 Municipal Court 395,640 382,266 92.22% 41520 City Attorney 137,075 151,044 90.66% 41800 Buildings & Grounds Maintenance 362,274 320,331 74.10% 41900 City Hall Complex 51,975 53,955 92.24% 42100 Police 2,525,428 2,326,527 87.85% 42121 Criminal Investigation 879,088 683,121 85.42% 42123 Patrol 2,861,004 2,643,356 104.49% 42125 School Resource 300,000 0 53.85% 42125 Traffic Division 343,290 183,356 42.42% 42200 Fire Department 3,704,114 3,486,401 99.94% 42400 Building/Planning/Zoning 688,506 585,395 83.14% 43110 Highway And Street 640,288 511,817 91.69% 43120 Traffic Control & Street Markers 409,132 336,495 92.55% 43170 Transfer Station/Brush Pit/Fleet 15,100 12,785 100.09% 44140 Animal Control 339,617 339,471 95.15% 44410 Parks and Recreation 1,151,350 885,040 90.91% 44420 Multi-Purpose Recreation Bldg 288,454 271,049 92.82% 44430 Community Center 303,540 192,133 99.27% 44450 McBrien Complex 1,400 1,046 69.55% 44610 Soccer - Recreation 74,900 47,564 100.42% 44620 Soccer - Indoor 110,700 88,920 99.60% 44630 Baseball/Softball 102,700 69,484 88.47% 44640 Football/Cheer 32,550 13,893 75.61% 44650 Adult Softball 54,800 37,008 66.77% 44700 Basketball 25,000 17,736 97.12% 44800 Libraries 301,906 252,817 82.36% 44810 History Museum 1,225 400 57.79% 46500 Community Development Programs 10,000 11,018 38.63% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 6,705,798 4,294,069 95.29% 49100 Debt Service 96,013 497,305 100.00% 49400 Capital Projects - Transfer Out 1,279,000 375,000 0.00% Total Expenditures 26,725,760 21,462,499 88.98% Total ## General Fund 245.450 ___2,886.933. 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 70.95% 33460 State Grant - HIP Funds 260,000 22,354 10.71% 33550 2017 Gas Tax Improve 200,000 201,746 90.67% 33551 State Gasoline And Motor Fuel Tax 570,000 579,834 100.28% 33558 City Transport Mod Tax (Electric) 0 0 0.00% 36100 Interest Earnings 100 180 180.34% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 1,474,849 38,005 0.00% Total Revenues and Other Source: 2,919,949 845,225 74.65% EXPENDITURES 43190 State Street Aid 2,919,949 845,225 69.09% Total Expenditures 2,919,949 845,225 69.09% Total ## State Street Aid 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 % 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 2,000 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 Project 0 0 0.00% Use of Fund Balance 8,000 0 0.00% Total Revenues and Other Source: 210,000 1,098,879 96.62% EXPENDITURES 43150 Grants 210,000 635,913 91.60% Total Expenditures 210,000 61,831 91.60% Total ## Grant Fund OO ____ 462,966 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 4,880 61.75% 33560 Seized/Awarded by State 35,000 99,222 139.23% 35200 Drug Fines 20,000 53,722 123.23% 35400 Sale of Confiscated Property 2,000 1,404 0.00% 36990 Misc. Revenues 0 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sourc: 67,000 159,229 113.43% EXPENDITURES 42129 Drug Investigation and Control 67,000 20,915 20.08% Total Expenditures 67,000 20,915 20.08% Total ## Drug Investigation Fund i) 138,313. 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 0 154,974 0.00% Total Revenues and Other Sourc: 6,628,998 5,707,495 94.44% EXPENDITURES Economic Development 5,557,478 5,112,336 93.36% Debt Payment 1,071,520 595,173 100.00% Total Expenditures 6,628,998 5,707,509 94.44% Total ## Economic Development Fund = _________0 ________O 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 1,580,199 94.49% 34418 Extra Cans 1,500 1,845 102.00% 34420 Dumpster Rentals 6,000 4,566 94.67% 34422 Recycling - Transfer Station 2,000 4,982 253.40% 34426 Sale Of Mulch 200 86 54.00% 34430 Refuse Collection And Disposal 2,000 882 36.72% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 0 463,546 0.00% Total Revenues and Other Sourc: 1,640,979 2,056,106 94.61% EXPENDITURES 43200 Solid Waste 1,906,979 2,056,106 91.82% Total Expenditures 1,906,979 2,056,106 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 713,774 735,616 114.74% 36100 Interest Earnings 1,000 56,684 11147.79% 37940 Transfer In 1,401,000 1,366,648 100.00% Use of Fund Balance 0 (0) 0.00% Total Revenues and Other Source: 2,115,774 2,158,947 110.19% 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, oO 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 0.00% 33120 TDOT 2015 Multi Modal Grant 3,000,000 231,386 70.78% 33123 Dog Dash Grant 0 0 0.00% 34510 Dog Park Donations 0 0 0.00% 36100 Interest 0 0 0.00% 36421 TN American Water Grant 0 250,000 0.00% 36915, Bond Proceeds 15,000,000 3,615,947 75.77% 36990 Misc. Revenues 0 4,126 0.00% 36992 Hamilton County 1,000,000 0 0.00% 37940 Operating Transfers - Other Funds 2,279,613 2,870,602 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Source: 21,279,613 6,972,062 63.41% EXPENDITURES 41800 Bldg & Grounds/Maintenance 500,000 54,190 56.97% 41920 Multi Purpose Pavillion - Town Ctr 6,000,000 0 5.14% 43110 Multi Modal Project - Ringgold Roa: 4,000,000 3,749,610 71.42% 43121 North Mack Smith Road 4,850,000 931,815 14.20% 43122 Resurfacing Projects 500,000 616,655 0.36% 43123 Park Ridge Access Road 0 4,543 0.00% 44410 Parks & Recreation 2,190,000 66,159 8.18% 44421 Splash Pad/Playground 0 0 0.00% 44423 Dog Park - Town Center 0 0 0.00% 44424 Animal Shelter Building 1,651,500 63,831 10.84% 44425 Dickert Pond Boardwalk & Pier 77,417 172,582 93.81% 44426 Fuel Tank - Public Safety Facility 125,000 0 0.00% 44430 Community Center - Upgrade 25,000 0 84.82% 47200 Economic Development 50,000. 39,906 40.00% Total Expenditures 19,968,917 5,699,290 23.10% Total ## Capital Projects Fund 1,310,696 1,272,771 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 70.54% Total Revenues and Other Sourc: 4,142,192 3,142,192 70.54% EXPENDITURES 44424 Animal Shelter Facility 3,142,192 0 66.09% 46490 Stormwater Projects - Ringgold Roi 1,000,000 2,143,974 20.41% Total Expenditures 4,142,192 2,143,974 40.11% Total ## Capital Projects Fund 0 ____998.218