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<br />
<br />FINANCIAL ANALYSIS
<br />For the Four Months Ended January 31, 2004
<br />33% of Year Lapsed
<br />GENERAL FUN®
<br />Revenue
<br />Total General Fund revenue of $16.3M for the first four months of the year was 67% of budget and
<br />approximately $2K (.02%) higher than last year, excluding interfund operating transfers. We have
<br />received a significant portion of our budgeted revenue at this point since property tax and industrial
<br />payments revenues are due February 1 ~'. The most significant changes in revenue are explained
<br />below with the top five General Fund revenue accounts representing 98% of the total.
<br />General Fund AAajor Revenue Sources
<br />FY 2004 Actual vs Budget
<br />10,000,000
<br />9,000,000 `` '' " °' `r
<br />I ~ ( J.
<br />8,000,000 ' '
<br />7,000,000 ~ ~` ,
<br />6,000,000 ~ ~ ~ ~f ~ _ ~~' r ~
<br />5,000,000 „; rN _ ~~:' '
<br />4,000,000 ~~ , ~~ ~ T. r$ ! `y ~ i ' tj' ,,
<br />~C ~~ p
<br />3.000, 000 ~ ~ ~. , ~ " ~ a . _ :, r ~ ,,~
<br />2,000,000 ~ ;. ~`
<br />~} i~ t v , r ,r,.
<br />1,000,000 ,~
<br />_,.d _ ;~:
<br />yr ~,U',' .t~~..
<br />Ad Valorem Industrial Sales Tax Franchise Fees -
<br />Payments Fees Services
<br />DActual 7,219,473 6,782,508 564,925 505,126 863,864
<br />^Budget 8,805,771 7,179,487 1,859,760 1,605,000 2,969,398
<br />General Fund BlAajor Revenue Sources
<br />FY 2003 vs 2004 Actual
<br />8,00o aoo ~.~
<br />~ c ,
<br />7,000,000
<br />a.
<br />6,000 000 ~'" 4 ' ` ' _'
<br />5,000 000 ;
<br />r. f V ~ i.• ycr ~' i~x V..,
<br />4,000 OOO y~ ~ . ...
<br />3,000 000 " ~ ~"` '" ~'~" ~ ''
<br />.r~ . : ~ ) , .t _ ~ Y ~ ~ 'mow
<br />2,000 OOO ":' ~ ' ' z'_• J
<br />1,000,000 ~t ~~. '~;' ,~ r +1 ~ ~, .`
<br />Ad Valorem Industrial Sales Tax Franchise `Fees -
<br />Payments Fees Services
<br />02003 6,863,670 7,223,060 570,740 523,083 671,253
<br />^2004 7,219,473 6,782,508 564,925 505,126 863,864
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