F021

Fourth quarter financial report says the city received this amount from conduit debt issuance for the City of St. Francis senior housing project. Bucket: Conduit debt issuance revenue

Revenue from conduit debt issuance for St. Francis senior housing project.

The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

St. Francis revenue bonds fee

Conduit bond issuance fee collected for City of St. Francis revenue bonds; proposed budget amendment was tabled. Bucket: 2024 budget amendment revenue

Conduit debt issuance revenue

Revenue received from the conduit debt issuance for the City of St. Francis senior housing project. Bucket: Conduit debt issuance revenue

Revenue from conduit debt issuance for St. Francis senior housing project.

The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

Increase in total city revenues through June compared to 2023.

Total city revenues through June are up about 5% or $47,000 when compared to June 30, 2023. The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

Increase in license and permit fees compared to 2023.

License & Permit fees are up $45,000

Increase in license and permit fees compared to prior year.

License & Permit fees are up $45,000

Total increased revenue budget for 2024 budget amendment.

The total expenditure budget adjustment of $137,000 will be offset by the $45,000 increased revenue budget and by moving budget from Public Works which was under budget by approximately ($150,000).

Increase in license and permit revenues compared to prior year.

License and Permit revenues are up $44,000 and property tax revenues are up $128,000.

Increase in license and permit revenues compared to prior year.

License and Permit revenues are up $44,000 and property tax revenues are up $128,000.

Increase in permit revenues over 2023.

permit revenues are up 34% - $44,000, interest earnings are up 11% - $6,000 and miscellaneous revenues are up 280% or $41,000 compared to 2023.

Interest income revenue over budget for 2024.

Interest income revenues were more than budget by $42,933 because of the improved interest rates in 2024.

Increase in miscellaneous revenues over 2023.

miscellaneous revenues are up 280% or $41,000 compared to 2023.

License and permit revenue over budget for 2024.

License and permit revenue were more than budget by $40,718 because of increased permit activity.

Increase in fines & other receipts compared to 2023.

Fines & other receipts are up $39,000

Increase in fines and other receipts compared to prior year.

Fines & other receipts are up $39,000

2024 budgeted revenue from Interest Earnings.

<td>Interest Earnings</td> <td>35,000</td> <td>23,529</td> <td>67.23%</td>

Original and amended 2024 budget for interest earnings.

Interest Earnings 35,000 35,000 59,153 169.01%

Increase in general fund revenues over prior year.

General fund revenues UP $33,000 over 2023.

Increase in general fund revenues over 2023.

General fund revenues UP $33,000 over 2023.

Increase in property tax revenues over 2023.

Property tax revenues are up 2% - $33,000, permit revenues are up 34% - $44,000, interest earnings are up 11% - $6,000 and miscellaneous revenues are up 280% or $41,000 compared to 2023.

Interest revenue for Road Improvement Fund in 2024.

Interest 30,412 32,796 23,000 23,373 18,000 14,160 18,000

Increase in Miscellaneous revenues over 2023.

Interest earnings which are up 235% or $16,505 and Miscellaneous revenues which are up 183% or 32,457 compared to 2023.

Charges for Services revenue under budget for 2024.

Charges for Services ended under budget by $32,454 because of less zoning fees

Increase in total city revenues compared to December 31, 2023.

Total city revenues through December are up about about 1% or $32,000 when compared to December 31, 2023.

Increase in total city revenues compared to prior year.

Total city revenues through December are up about about 1% or $32,000 when compared to December 31, 2023.

Increase in Other receipts revenue compared to 2023.

Property tax revenues are down ($19,000) Planning & Zoning fees are down ($4,000) Permits & Licenses are down ($9,000) Charges for Services are up $1,000 Interest earnings are up $17,000 Other receipts are up $32,000

Interest earnings for Road Improvement Fund in 2024.

Interest 32,265 31,518 21,000 16,700 14,800 18,913 15,750

Approximate state/federal revenue shortfall discussed

Finance Consultant Yager said the state/federal shortfall was approximately $30,000. Bucket: State/federal revenue shortfall

Year-to-date charges for services revenue received in 2024.

Charges for Services 61,600 61,600 29,606 48.06%

Year-to-date revenue from Planning & Zoning fees as of June 2024.

<td>Planning &amp; Zoning Fees</td> <td>70,000</td> <td>29,520</td> <td>42.17%</td>

Increased interest earnings for the City in 2024.

The city also saw increased interest earnings because of favorable interest rates. This budget can also be adjusted up $25,000.

2024 General Fund revenue from interest income.

General Fund - Interest Income $25,000 - Interest

Year-to-date revenue from Interest Earnings as of June 2024.

<td>Interest Earnings</td> <td>35,000</td> <td>23,529</td> <td>67.23%</td>

Increase in general fund revenues over 2023.

General fund revenues are up 1% over 2023 or $23,000. Property tax revenues are up 2% - $33,000, permit revenues are up 34% - $44,000, interest earnings are up 11% - $6,000 and miscellaneous revenues are up 280% or $41,000 compared to 2023.

Excess right-of-way permit revenue collected by the City in 2024.

In 2024, the City of Nowthen collected excess ROW permit revenue in the amount of $20,000. This budget may be adjusted up.

ROW permit revenue budget amendment for 2024.

General Fund - Permits $20,000 - ROW permits

F8

Council questioned whether the Zoning/Subdivision revenue estimate was accurate. Bucket: Zoning/Subdivision revenue

ROW permit revenue exceeding budget in 2024.

ROW permit revenue is $20,000 over budget and the city received economic development funds from the county of $25,000.

2024 General Fund revenue from right-of-way permits.

1\. Amend the 2024 revenue for the following budget: General Fund - Permits $20,000 - ROW permits

Year-to-date revenue from Charges for Services as of June 2024.

<td>Charges for Services</td> <td>61,600</td> <td>17,544</td> <td>28.48%</td>

Increase in Interest Earnings revenue compared to 2023.

Property tax revenues are down ($19,000) Planning & Zoning fees are down ($4,000) Permits & Licenses are down ($9,000) Charges for Services are up $1,000 Interest earnings are up $17,000 Other receipts are up $32,000

Police State Aid credit for law enforcement contract

Police State Aid credit against the 2024 law enforcement contract cost. Bucket: Police State Aid credit

Increase in Interest Earnings revenue over 2023.

Charges for Services which are up 6.5% or $1,076, Interest earnings which are up 235% or $16,505 and Miscellaneous revenues which are up 183% or 32,457 compared to 2023.

Increase in general fund revenues over 2023.

General fund revenues UP $16,000 over 2023. Property tax revenues are down ($19,000) Planning & Zoning fees are down ($4,000) Permits & Licenses are down ($9,000) Charges for Services are up $1,000 Interest earnings are up $17,000 Other receipts are up $32,000

Interest earnings for Equipment Fund in 2024.

Interest earnings 11,911 14,322 1,288 1,346 1,250 17,763 10,562

F25

Profit figure stated during the Recycling Center discussion. Bucket: Recycling Center profit

Current fund balance in the Recycling Center fund.

There is currently $13,132 fund balance and will need 25,000 from fund balance for 2024 leaving a deficit of $9,156.43 by the end of 2024.

F10

Recycling center profit figure reported in discussion of the recycling fund. Bucket: Recycling center profit (2024)