City Manager's Report, July 2024

City of East Ridge Summary Financial Statement of Revenues and Expenditures Jul-24 Unaudited Variance FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 110 General Fund REVENUE 31100 Property Taxes 6,657,579 0 0.00% 31200 Property Taxes (Delinquent) 500,000 0 0.00% 31610 Local Sales Tax - Co. Trustee 4,740,000 ie} 0.00% 31611 Incremental State Sales Tax 8,597,436 0 0.00% 31710 Wholesale Beer Tax 440,000 0 0.00% 31800 State Net Allocation 300,000 0 0.00% 31810 Minimum Business Licenses 10,000 0 0.00% 31824 Solictors Permit 0 0 0.00% 31827 5% State Commission 30,000 0 0.00% 31912 * Cable TV Franchise Tax 196,000 0 0.00% 31961 Liens Collected by Trustee 25,000 0 0.00% 32120 Wrecker Licenses 350 0 0.00% 32200 Alcoholic Beverage Tax 240,000 0 0.00% 32210 Beer Licenses & Etc. 9,500 100 3.75% 32220 Liquor Licenses 3,500 0 0.00% 32225 Fireworks Fees/Permits 3,000 0 0.00% 32226 Annual Fireworks Permit Fee 300 0 0.00% 32227 Vacation Rental Fee 0 0 0.00% 32610 Building Permits 225,000 1,890 4.28% 32615 Fire Preventions/Permits 1,000 50 45.00% 32620 Electrical Permits 30,000 1,180 5.51% 32630 Plumbing Permits 15,000 1,340 7.35% 32640 Natural Gas Permits 2,000 279 0.00% 32650 Excavating Permits (St. Opening 8,000 200 0.00% 32660 Zoning Permits 3,000 50 21.67% 32671 Regular Sign Permits 3,500 125 6.00% 32672 Temporary Sign Permits 300 75 0.00% 32690 Plan Review Fees 100 0 0.00% 32691 Tree Trimming Permits 100 0 0.00% 32905 Other Code Enforcement Fees 28,000 300 2.71% 32960 Yard Sale Permits 200 0 0.00% 32990 Mechanical Permits 20,000 960 10.12% 33191 Direct Appropriation State of TN 300,000 0 0.00% 33410 State Law Enforcement Education 37,600 0 0.00% 33430 State Fire Service Educational Grat 24,800 0 0.00% 33510 State Sales Tax 2,754,000 0 0.00% 33511 Interstate Telecom. Sales Tax 5,000 0 0.00% 33512 Sportsbetting 38,000 0 0.00% 33513 Occupcity Tax 1,500 0 0.00% 33515 State Sales Tax/Telecommunicatio! 500 0 0.00% 33520 State Income Tax 0 0 0.00% 33530 ** State Beer Tax 10,680 0 0.00% 33540 State Mixed Drink Tax 110,000 0 0.00% 33552 State-City Streets And Transportati: 40,565 0 0.00% 33560 Seized/Awarded by State 0 0 0.00% 33591 * TVA-Gross Receipts Tax 266,004 0 0.00% 33593 Corporate Excise Tax 6,000 0 0.00% 34121 Clerks’ Fees - Business Tax 2,000 195 9.75% 34211 Accident Report Charges 2,000 119 8.90% 34212 Driver Licenses Reinstatement Fee 2,000 0 0.00% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 34221 Ridgeside Fire Service Contract 121,268 9,717 8.33% 34231 Police Services 1,000 613 206.70% 34314 Mowing 9,800 0 0.00% 34500 Donations - New Animal Shelter 5,000 40 0.03% 34515 Rabies & Spay/Neuter Cert. 500 0 0.00% 34516 Registration 1,000 30 9.00% 34517 Adoption 1,500 0 5.00% 34518 Board & Impound Fees 1,000 70 0.00% 34520 A/S Donations-Designated 1,000 300 0.00% 34641 Indoor Soccer Income 188,760 0 0.00% 34642 Community Center Income 43,000 4,175 13.69% 34643 Outdoor Soccer Fees 81,320 9,720 10.93% 34644 Baseball Fees 41,550 6,690 9.36% 34645 Softball Fees 28,510 4,550 14.31% 34646 Gate 30,000 4,541 2.07% 34647 McBrien Complex 0 0 0.00% 34648 Adult League - Softball 30,000 1,200 14.23% 34649 Concerts/Events - Camp Jordan 10,000 0 7.70% 34651 Multi-Purpose Building (Arena) 145,000 24,535 8.63% 34652 Pavilion Rental 22,000 968 6.08% 34653 Track Rental 2,000 0 0.00% 34654 Field Rental 62,000 6,330 20.82% 34655 Amphitheater 16,000 2,650 18.75% 34656 Concessions 50,000 4,533 23.05% 34657 Overnight - Rv Rental 24,000 2,367 10.28% 34658 Tournament Team Fees 4,000 0 0.00% 34712 Sponsorship/Parks & Rec 5,000 0 21.84% 34720 Football Gate 5,000 0 0.00% 34751 Basketball Gate 20,000 0 0.00% 34742 Basketball Player Fees 22,850 0 0.00% 34743 Football Player Fees 23,530 4,575 22.04% 34744 Photography 1,200 0 0.00% 34745 Vending/Concessions 15,000 445 1.55% 34746 Cheerleading 2,270 0 33.92% 34747 Rent-Arena Equipment 25,000 2,003 8.81% 34749 Soccer Field Rentals 80,000 7,478 0.00% 34760 Library Charges 1,000 71 2.73% 34761 Library - Copies 1,000 90 2.14% 34794 Community Center M. Fee 1,000 0 4.00% 35100 Municipal Court Fines & Costs 325,000 15,984 10.44% 35110 Fortfeiture of Bond 0 0 0.00% 35120 Public Defender Fees 0 0 0.00% 35150 Diversion Filing 0 0 0.00% 36100 Interest Earnings 6,500 881 60.07% 36211 Rent - Cell Tower 12,925 1,077 8.33% 36310 Sale of Land 0 0 0.00% 36330 Sale Of Equipment 10,000 0 0.00% 36350 Insurance Recoveries 50,000 0 0.00% 36901 Pipes/Culverts 3,000 0 0.00% 36902 Repayment - Damages- Traffic Dev 0 0 0.00% 36903 Christmas Parade 600 0 0.00% 36905 Police - Sale of Surplus 15,000 3,718 0.00% 36906 Fire - Sale of Surplus 5,000 0 0.00% 36990 Miscellaneous Revenues 25,000 155 0.59% 36992 Hamilton County 0 0 0.00% 37200 AHO- Fines/Court Costs 0 0 0.00% Use of Fund Balance 0 2,172,715 0.00% FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% Total Revenues 27,265,597 2,296,608 0.54% EXPENDITURES 41000 General Government 1,410,855 584,626 32.70% 41100 Administrative 1,186,508 106,663 9.70% 41111 City Council 119,117 8,586 14.90% 41210 Municipal Court 430,074 28,651 7.68% 41520 City Attorney 136,875 435 0.47% 41800 Buildings & Grounds Maintenance 354,585 33,811 7.33% 41900 City Hall Complex 56,500 2,955 19.32% 42100 Police 2,627,428 481,783 37.45% 42121 Criminal Investigation 962,325 51,752 6.67% 42123 Patrol 2,728,973 208,782 8.41% 42125 School Resource 349,475 0 3.53% 42125 Traffic Division 356,976 14,100 0.99% 42200 Fire Department 3,532,341 448,009 39.79% 42400 Building/Planning/Zoning 663,399 62,216 9.32% 43110 Highway And Street 582,500 50,420 7.58% 43120 Traffic Control & Street Markers 310,121 24,599 8.23% 43170 Transfer Station/Brush Pit/Fleet 12,100 2,025 12.45% 44140 Animal Control 375,709 19,955 11.16% 44410 Parks and Recreation 1,169,777 92,117 10.58% 44420 Multi-Purpose Recreation Bldg 324,649 30,714 9.28% 44430 Community Center 302,548 13,040 6.95% 44450 McBrien Complex 1,200 145 12.13% 44610 Soccer - Recreation 69,400 5,550 5.12% 44620 Soccer - Indoor 108,200 0 0.00% 44630 Baseball/Softball 83,400 3,900 6.92% 44640 Football/Cheer 26,550 0 1.76% 44650 Adult Softball 39,250 0 0.00% 44700 Basketball 29,050 0 0.00% 44800 Libraries 296,906 21,635 9.84% 44810 History Museum 560 140 9.64% 46500 Community Development Programs 10,000 0 0.00% 43530 Transfer to ARPA Fund 0 0 0.00% 47200 Economic Development 8,224,869 0 0.03% 49100 Debt Service 106,720 0 0.00% 49400 Capital Projects - Transfer Out 276,657 0 0.00% Total Expenditures 27,265,597 2,296,608 13.77% Total ## General Fund — FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 121 State Street Aid REVENUE 33450 State Grant - TIP Funds 0 0 0.00% 33460 State Grant - HIP Funds 234,000 0 0.00% 33550 2017 Gas Tax Improve 200,000 0 0.00% 33551 State Gasoline And Motor Fuel Tax 570,000 0 0.00% 33558 City Transport Mod Tax (Electric) 1,000 0 0.00% 36100 Interest Earnings 200 13 1.51% 36330 Sale of Equipment 0 0 0.00% Use of Fund Balance 294,038 18,017 0.00% Total Revenues and Other Sourc: 1,299,238 18,030 0.00% EXPENDITURES 43190 State Street Aid 2,919,949 18,030 1.36% Total Expenditures 1,299,238 18,030 1.36% Total ## State Street Aid Fund ————— FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 122 Grant Fund REVENUE 33109 CSX Transportation Grant - 2022 0 0 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 0 0.00% 36420 Police Traffic Safety Grant 0 0 0.00% 36421 TN AM Grants 0 0 0.00% 36423 Animal Foundation Grants 425 0 0.00% 36711 Safety Conservation Grant 4,000 0 0.00% 36920 THS089-Police 0 0 0.00% 36921 Homeland Security - Police 0 0 0.00% 36922 Homeland Security - Fire 0 0 0.00% 36925 Violent Crime Intervention Grant 0 0 0.00% Use of Fund Balance 6,575 0 0.00% Total Revenues and Other Sourc: 49,000 0 0.00% EXPENDITURES 43150 Grants 19,000 0 0.00% Total Expenditures 19,000 0 0.00% Total ## Grant Fund 0 0 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 127 Drug Investigation Fund REVENUE 33197 Federal/State Grants 10,000 6,175 67.89% 33560 Seized/Awarded by State 35,000 0 0.00% 35200 Drug Fines 20,000 838 0.00% 35400 Sale of Confiscated Property 0 0 0.00% 36990 Misc. Revenues 0 0 0.00% Use of Fund Balance 139,402 0 0.00% Total Revenues and Other Sourc: 204,402 7,013 3.61% EXPENDITURES 42129 Drug Investigation and Control 204,402 0 0.44% Total Expenditures 204,402 0 0.21% Total ## Drug Investigation Fund — _____ 7013 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 130 Economic Development Fund REVENUE 31611 Incremental State Sales Tax Rev 8,174,869 0 0.00% 33191 Direct Appropriation-State of TN 0 0 0.00% 36100 Interest Earnings 0 0 0.00% Transfer In 0 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Sourc: 8,174,869 0 0.00% EXPENDITURES Economic Development 6,787,697 0 0.00% Debt Payment 1,387,172 0 0.00% Total Expenditures 8,174,869 0 0.00% Total ## Economic Development Fund QO ______ FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 131 Solid Waste Fund REVENUE 33190 FEMA/TEMA 2021 0 ie) 0.00% 34416 Special Assessment - Garbage 1,580,200 0 0.02% 34418 Extra Cans 1,500 0 16.00% 34420 Dumpster Rentals 9,000 0 2.22% 34422 Recycling - Transfer Station 4,000 0 7.59% 34426 Sale Of Mulch 100 0 40.00% 34430 Refuse Collection And Disposal 2,500 0 6.40% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 44,296 90,945 0.00% Total Revenues and Other Source: 1,641,596 90,945 0.08% EXPENDITURES 43200 Solid Waste 1,641,596 90,945 6.79% Total Expenditures 1,641,596 90,945 6.79% Total ## Solid Waste Fund a 0 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 212 TML Loan Fund REVENUE 31920 Room Occupancy Tax 750,000 0 0.00% 36100 Interest Earnings 50,000 9,411 2.60% 37940 Transfer In 1,731,833 0 0.00% Use of Fund Balance 0 0 0.00% Total Revenues and Other Source: 2,531,833 9,411 0.47% EXPENDITURES 49111 Camp Jordan - Phase Two - 2020 144,525 0 0.00% 49114 Refunding Bond Issue - 2021 681,963 0 0.00% 49300 Series 2022 Bond Issue 725,717 0 0.00% 49310 2015 - Exit One/Capital Projects 206,813 0 0.00% 49410 Public Safety Capital Outlay Note 0 0 0.00% 49411 Public Safety Capital Outlay Note 0 0 0.00% 49412 Public Safety - Lease Purchase 43,795 ie} 0.00% 49413 Public Safety - Capital Outlay Note 105,508 0 0.00% 49414 Public Safety - Lease Purchase 53,530 0 0.00% Total Expenditures 1,961,851 0 0.00% Total ## TML Loan Fund —__569,982. FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 341 Capital Projects Fund REVENUE 33113 LPRF 2024 - C. CENTER 0 0 0.00% 33120 TDOT 2015 Multi Modal Grant 0 0 0.00% 36100 Interest 0 0 0.00% 36421 TN American Water Grant 0 0 0.00% 36915 Bond Proceeds 1,200,000 0 0.00% 36990 Misc. Revenues 0 0 0.00% 36992 Hamilton County 1,000,000 0 0.00% 37940 Operating Transfers - Other Funds 276,657 0 0.00% Use of Fund Balance 176,319 209,537 0.00% Total Revenues and Other Sourc: 13,452,976 209,537 0.00% EXPENDITURES 41100 Administrative 0 0 0.00% 41800 Bldg & Grounds/Maintenance 400,000 0 4.85% 41920 Multi Purpose Pavillion - Town Ctr 6,000,000 0 0.02% 43110 Multi Modal Project - Ringgold Roa: 0 168,875 0.00% 43121 North Mack Smith Road 4,500,000 0 0.00% 43122 Resurfacing Projects 937,976 0 0.00% 43123 Park Ridge Access Road 0 0 0.00% 44410 Parks & Recreation 1,440,000 0 7.29% 44421 Splash Pad/Playground 0 0 0.00% 44423 Dog Park - Town Center 0 0 0.00% 44424 Animal Shelter Building 0 15,120 0.00% 44425 Dickert Pond Boardwalk & Pier 0 25,543 0.00% 44426 Fuel Tank - Public Safety Facility 125,000 ie) 0.00% 44430 Community Center - Upgrade 0 0 0.00% 46511 Community Development 50,000. 0 0.00% Total Expenditures 13,452,976 209,537 2.99% Total ## Capital Projects Fund 0 0 FISCAL YEAR ENDING 06/30/2024 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 410 ARPA FUND REVENUE 37940 Transfer In 0 0 0.00% Use of Fund Balance 436,171 4,142,192 0.00% Total Revenues and Other Sourc: 436,171 4,142,192 0.00% EXPENDITURES 44424 Animal Shelter Facility 0 0 0.00% 46490 Stormwater Projects - Ringgold Roi 436,171 0 0.00% Total Expenditures 436,171 0 2.82% Total ## Capital Projects Fund 4,142,192 0 _