City Manager's Report, August 2024

City of East Ridge Summary Financial Statement of Revenues and Expenditures Aug-24 FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 110 General Fund REVENUE 31100 Property Taxes 6,657,579 31200 Property Taxes (Delinquent) 500,000 25,722 31610 Local Sales Tax - Co. Trustee 4,740,000 393,635 31611 Incremental State Sales Tax 8,597,436 31710 Wholesale Beer Tax 440,000 38,624 31800 State Net Allocation 300,000 7,232 31810 Minimum Business Licenses 10,000 31824 Solictors Permit 0 31827 5% State Commission 30,000 808 31912 * Cable TV Franchise Tax 196,000 31961 Liens Collected by Trustee 25,000 32120 Wrecker Licenses 350 32200 Alcoholic Beverage Tax 240,000 21,611 32210 Beer Licenses & Etc. 9,500 283 32220 Liquor Licenses 3,500 32225 Fireworks Fees/Permits 3,000 32226 Annual Fireworks Permit Fee 300 32227 Vacation Rental Fee 0 32610 Building Permits 225,000 17,770 32615 Fire Preventions/Permits 1,000 250 32620 Electrical Permits 30,000 3,244 32630 Plumbing Permits 15,000 1,974 32640 Natural Gas Permits 2,000 759 32650 Excavating Permits (St. Opening 8,000 5,200 32660 Zoning Permits 3,000 650 32671 Regular Sign Permits 3,500 765 32672 Temporary Sign Permits 300 32690 Plan Review Fees 100 32691 Tree Trimming Permits 100 32905 Other Code Enforcement Fees 28,000 4,860 32960 Yard Sale Permits 200 32990 Mechanical Permits 20,000 1,560 33191 Direct Appropriation State of TN 300,000 33410 State Law Enforcement Education 37,600 33420 Police Bonus Salary Supplement 0 33430 State Fire Service Educational Grai 24,800 33510 State Sales Tax 2,754,000 236,789 33511 Interstate Telecom. Sales Tax 5,000 367 33512 Sportsbetting 38,000 8,808 33513 Occupcity Tax 1,500 317 33515, State Sales Tax/Telecommunicatio 500 33520 State Income Tax 0 33530 ** State Beer Tax 10,680 33540 State Mixed Drink Tax 110,000 11,338 33552 State-City Streets And Transportati 40,565 3,384 33560 Seized/Awarded by State 0 33591 * TVA - Gross Receipts Tax 266,004 33593 Corporate Excise Tax 6,000 34121 Clerks' Fees - Business Tax 2,000 480 34211 Accident Report Charges 2,000 180 34212 Driver Licenses Reinstatement Fee 2,000 34221 Ridgeside Fire Service Contract 121,268 19,434 34231 Police Services 1,000 882 34314 Mowing 9,800 34500 Donations - New Animal Shelter 5,000 520 34515 Rabies & Spay/Neuter Cert. 500 34516 Registration 1,000 80 34517 Adoption 1,500 34518 Board & Impound Fees 1,000 140 34520 A/S Donations-Designated 1,000 300 34641 Indoor Soccer Income 188,760 34642 Community Center Income 43,000 15,590 34643 Outdoor Soccer Fees 81,320 38,950 34644 Baseball Fees 41,550 16,116 34645 Softball Fees 28,510 9,165 34646 Gate 30,000 4,541 34647 McBrien Complex 34648 Adult League - Softball 30,000 15,330 34649 Concerts/Events - Camp Jordan 10,000 585 34651 Multi-Purpose Building (Arena) 145,000 28,941 34652 Pavilion Rental 22,000 2,913 34653 Track Rental 2,000 34654 Field Rental 62,000 14,060 34655 Amphitheater 16,000 2,900 34656 Concessions 50,000 10,604 34657 Overnight - Rv Rental 24,000 3,582 34658 Tournament Team Fees 4,000 165 34712 Sponsorship/Parks & Rec 5,000 1,350 34720 Football Gate 5,000 34751 Basketball Gate 20,000 34742 Basketball Player Fees 22,850 34743 Football Player Fees 23,530 11,632 34744 Photography 1,200 34745 Vending/Concessions 15,000 1,351 34746 Cheerleading 2,270 940 34747 Rent-Arena Equipment 25,000 2,025 34749 Soccer Field Rentals 80,000 11,747 34760 Library Charges 1,000 34761 Library - Copies 1,000 34794 Community Center M. Fee 1,000 35100 Municipal Court Fines & Costs 325,000 35110 Fortfeiture of Bond 35120 Public Defender Fees 35150 Diversion Filing 36100 Interest Earnings 6,500 36211 Rent - Cell Tower 12,925 36310 Sale of Land 36330 Sale Of Equipment 10,000 36350 Insurance Recoveries 50,000 36901 Pipes/Culverts 3,000 36902 Repayment - Damages- Traffic Dev 36903 Christmas Parade 600 0 36905 Police - Sale of Surplus 15,000 4,343 36906 Fire - Sale of Surplus 5,000 766 36990 Miscellaneous Revenues 25,000 370 36992 Hamilton County 0 0 37200 AHO- Fines/Court Costs 0 ie) Use of Fund Balance 0 2,333,612 Total Revenues 27,265,597 3,424,640 EXPENDITURES 41000 General Government 1,410,855 737,234 41100 Administrative 1,186,508 163,428 41111 City Council 119,117 19,846 41210 Municipal Court 430,074 52,822 41520 City Attorney 136,875 11,987 41800 Buildings & Grounds Maintenance 354,585 53,259 41900 City Hall Complex 56,500 6,376 42100 Police 2,627,428 579,785 42121 Criminal Investigation 962,325 92,615 42123 Patrol 2,728,973 410,314 42125 School Resource 349,475 26,627 42125 Traffic Division 356,976 643,412 42200 Fire Department 3,532,341 127,247 42400 Building/Planning/Zoning 663,399 87,327 43110 Highway And Street 582,500 50,006 43120 Traffic Control & Street Markers 310,121 24,599 43170 Transfer Station/Brush Pit/Fleet 12,100 4,432 44140 Animal Control 375,709 44,343 44410 Parks and Recreation 1,169,777 159,858 44420 Multi-Purpose Recreation Bldg 324,649 50,499 44430 Community Center 302,548 34,955 44450 McBrien Complex 1,200 201 44610 Soccer - Recreation 69,400 8,445 44620 Soccer - Indoor 108,200 12 44630 Baseball/Softball 83,400 6,618 44640 Football/Cheer 26,550 603 44650 Adult Softball 39,250 7,341 44700 Basketball 29,050 0 44800 Libraries 296,906 42,344 44810 History Museum 560 253 46500 Community Development Program: 10,000 1,575 43530 Transfer to ARPA Fund 0 8,750 47200 Economic Development 8,224,869 876 49100 Debt Service 106,720 0 49400 Capital Projects - Transfer Out 276,657 0 Total Expenditures 27,265,597 3,457,990 Total ## General Fund ) Unaudited Variance FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 121 State Street Aid REVENUE 33450 State Grant - TIP Funds 0 223 33460 State Grant - HIP Funds 234,000 0 33550 2017 Gas Tax Improve 200,000 16,736 33551 State Gasoline And Motor Fuel Tax 570,000 47,078 33558 City Transport Mod Tax (Electric) 1,000 0 36100 Interest Earnings 200 28 36330 Sale of Equipment 0 0 Use of Fund Balance 294,038 (e) Total Revenues and Other Sourc 1,299,238 64,065 EXPENDITURES 43190 State Street Aid 2,919,949 39,219 Total Expenditures 1,299,238 39,219 Total ## State Street Aid Fund 0 ee 24,846 Unaudited Variance FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 122 Grant Fund REVENUE 33109 CSX Transportation Grant - 2022 0 0 33114 TML Driver Safety Grant 4,000 0 33120 TDOT 2015 Multi Modal Grant 0 0 33425 Aquatic Stream Clean Grant 1,000 0 33493 TML Safety Grant 3,000 0 36100 interest Earnings 0 0 36420 Police Traffic Safety Grant 0 0 36421 TN AM Grants 0 0 36423 Animal Foundation Grants 425 425 36711 Safety Conservation Grant 4,000 0 36920 THS089-Police 0 0 36921 Homeland Security - Police 0 0 36922 Homeland Security - Fire 0 0 36925 Violent Crime Intervention Grant 0 ) Use of Fund Balance 6,575 0 Total Revenues and Other Sourc 19,000 425 EXPENDITURES 43150 Grants 19,000 0 Total Expenditures 19,000 0 Total ## Grant Fund ee ee Unaudited Variance FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 127 Drug Investigation Fund REVENUE 33197 Federal/State Grants 10,000 6,175 33560 Seized/Awarded by State 35,000 16,020 35200 Drug Fines 20,000 1,252 35400 Sale of Confiscated Property 0 0 36990 Misc. Revenues 0 0 Use of Fund Balance 139,402 0 Total Revenues and Other Sourc 204,402 23,447 EXPENDITURES 42129 Drug Investigation and Control 204,402 0 Total Expenditures 204,402 0 Total ## Drug Investigation Fund oO 23,447 FISCAL YEAR ENDING 06/30/2025 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 33191 Direct Appropriation-State of TN 0 ie) 36100 Interest Earnings 0 0 Transfer In 0 0 Use of Fund Balance it) 0 Total Revenues and Other Sourc 8,174,869 0 EXPENDITURES Economic Development 6,787,697 0 Debt Payment 1,387,172 0 Tota! Expenditures 8,174,869 0 Total ## Economic Development Fund 0 0 Unaudited FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr% 131 Solid Waste Fund REVENUE 34415 Delinquent Sanitation Fees 0 0 0.00% 34416 Special Assessment - Garbage 1,580,200 975 0.03% 34418 Extra Cans 1,500 240 24.00% 34420 Dumpster Rentals 9,000 200 13.33% 34422 Recycling - Transfer Station 4,000 0 7.60% 34426 Sale Of Mulch 100 0 40.00% 34430 Refuse Collection And Disposal 2,500 116 11.80% 36330 Sale of Equipment 0 0 0.00% 36350 Insurance Recoveries 0 0 0.00% Use of Fund Balance 44,296 517,141 0.00% Total Revenues and Other Sourc 1,641,596 518,672 0.45% EXPENDITURES 43200 Solid Waste 1,641,596 518,672 15.43% Total Expenditures 1,641,596 518,672 15.43% Total ## Solid Waste Fund 0 0 FISCAL YEAR ENDING 06/30/2025 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 71,693 16.11% 36100 Interest Earnings 50,000 18,403 47.97% 37940 Transfer In 1,731,833 0 0.00% Use of Fund Balance 0 428,404 0.00% Total Revenues and Other Sourc 2,531,833 518,500 5.72% 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 725,717 398,033 0.00% 49310 2015 - Exit One/Capital Projects 206,813 66,938 31.87% 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 0 0.00% 49413 Public Safety - Capital Outlay Note 105,508 0 0.00% 49414 Public Safety - Lease Purchase 53,530 53,530 0.00% Total Expenditures 1,961,851 518,500 6 13.85% Total ## TML Loan Fund 569,982 0 Unaudited Spent v7 ___ _ 1667" Variance FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 341 Capital Projects Fund REVENUE 33113 LPRF 2024 - C. CENTER 0 0 33120 TDOT 2015 Multi Modal Grant 0 0 36100 Interest 0 0 36421 TN American Water Grant 0 0 36915 Bond Proceeds 1,200,000 0 36990 Misc. Revenues 0 0 36992 Hamilton County 1,000,000 0 37940 Operating Transfers - Other Funds 276,657 0 Use of Fund Balance 176,319 651,222 Total Revenues and Other Sourc 13,452,976 651,222 EXPENDITURES 41100 Administrative 0 0 41800 Bldg & Grounds/Maintenance 400,000 35,378 41920 Multi Purpose Pavillion - Town Ctr 6,000,000 0 43110 Multi Modal Project - Ringgold Roa: 0 493,229 43121 North Mack Smith Road 4,500,000 25,275 43122 Resurfacing Projects 937,976 0 43123 Park Ridge Access Road 0 0 44410 Parks & Recreation 1,440,000 0 44421 Splash Pad/Playground 0 0 44423 Dog Park - Town Center 0 0 44424 Animal Shelter Building 0 51,089 44425 Dickert Pond Boardwalk & Pier 0 26,252 44426 Fuel Tank - Public Safety Facility 125,000 0 44430 Community Center - Upgrade 0 0 46511 Community Development 50,000 20,000 Total Expenditures 13,452,976 651,222 Total ## Capital Projects Fund oO Unaudited FISCAL YEAR ENDING 06/30/2025 Year-To-Date by Amount Variance Account Description BUDGET FY 2024 FY 2025 YTD Avg Yr % 410 ARPA FUND REVENUE 37940 Transfer In 0 Use of Fund Balance 1,922,845 Total Revenues and Other Sourc 1,922,845 EXPENDITURES 44424 Animal Shelter Facility 1,065,553 46490 Stormwater Projects - Ringgold Roi. 857,292 Total Expenditures 1,922,845 Total ## Capital Projects Fund o