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12.2 SR 04-15-2024City of Elk - River To City Council Meeting Date April 15, 2024 Item Description Financial report - March Action Requested Information Only Background/Discussion Request for Action Item Number 12.2 Prepared By Lori Stich, Finance Manager Reviewed by: Lori Stich Joe Stremcha Cal Portner Tina Allard This report is designed to provide summary information regarding the overall level of revenues and expenditures in the General Fund, the Multipurpose Facility Special Revenue Fund, and the Enterprise Funds. These funds provide an important picture of the city's financial health. For March, actual revenues (excluding property taxes and transfers) and expenditures should run about 25% of the annual budget. It is natural for some of the items to vary from month to month, such as exceeding budget for Supplies but being below budget for Services. This is not considered serious as long as the total expenditure budget amount is not overspent. Significant variances from the budget are highlighted below accompanied by a general discussion of the variance. General Fund Revenues: ■ Property taxes, our largest revenue source, are received in July and December. ■ License & permit collections are I I % of budget estimates and consist primarily of building -related permits, rental licenses, and liquor licenses. ■ Charges for services are about 40% of estimates with plan check fees, the Big Lake Fire Contract, and recreation fees making up the majority of collections. ■ Transfers -in consist of ERMU's 4% February monthly electric revenues. The remaining transfers -in will be recorded mid -year. Expenditures: The Elk River Vision A avelcoming community with revolutionary and spirited resourcefulness, exceptional service, and community p p W E H E 0 B1NMURd201 engagement that encourages and inspires prosperity ■ Total departmental expenditures are about 22% of the budget and most departments are within or below budget estimates. ■ The second quarter premiums for workers' comp and property/liability insurance are reflected in the departmental expenditures for March. 2024 Monthly Expenditures $25,000 I $20,000 z $15,000 O s~r} $10,000 $5,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov ❑ec Actual $1,074 $2,673 1 $4,689 Budget $1,7981 $3,595 1 $5,393 1 $7,190 1 $8,988 $10,785 $12,583 $14,38d $16,178 $17,976 $19,773 $21,571 Multipurpose Facility Through the end of March, revenues of $468,720 exceeded expenditures of $428,478 by $40,242. The majority of March collections consist of ice rent, facility rentals, and concessions while expenditures are primarily attributable to personal services and utilities. Financial Impact N/A Mission/Policy/Goal Grow responsibly and be good stewards for every dollar to develop a sustainable and prosperous community Attachments I. 03-2024 Financial reports Page 194 of 201 4-10-2024 08:53 AM CITY OF ELK RIVER PAGE: 1 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: MARCH 31ST, 2024 101-GENERAL FUND FINANCIAL SUMMARY 25.00% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE REVENUE SUMMARY General Fund 21,570,600.00 315,158.03 907,278.88 4.21 20,663,321.12 978,123.82 TOTAL REVENUES 21,570,600.00 315,158.03 907,278.88 4.21 20,663,321.12 978,123.82 EXPENDITURE SUMMARY General Government City Council 213,550.00 24,204.68 57,901.43 27.11 155,648.57 55,321.81 Communications 485,300.00 49,114.59 104,674.71 21.57 380,625.29 98,180.88 Administrative Services 721,850.00 78,175.17 163,064.85 22.59 558,785.15 155,092.38 Human Resources 426,550.00 59,342.52 97,109.67 22.77 329,440.33 95,503.77 Elections 75,500.00 20,019.33 24,698.90 32.71 50,801.10 6,213.68 Finance 800,750.00 80,692.88 183,994.53 22.98 616,755.47 223,219.95 Information Technology 731,500.00 65,484.90 128,840.23 17.61 602,659.77 127,863.47 Legal 275,000.00 6,735.29 25,117.07 9.13 249,882.93 44,741.23 Community Development 0.00 16.81 34,248.42 0.00 ( 34,248.42) 76,313.16 Planning 485,100.00 49,965.44 104,391.17 21.52 380,708.83 56,565.02 Building Maintenance 1,085,250.00 116,699.43 241,127.22 22.22 844,122.78 237,163.56 TOTAL General Government 5,300,350.00 550,451.04 1,165,168.20 21.98 4,135,181.80 1,176,178.91 Public Safety Police Administration 1,175,550.00 168,938.14 417,085.23 35.48 758,464.77 380,984.53 Patrol 3,780,150.00 341,493.72 835,915.11 22.11 2,944,234.89 858,685.34 Investigations 1,430,850.00 113,863.85 249,983.12 17.47 1,180,866.88 291,293.47 Police Support Services 945,800.00 84,687.17 179,092.73 18.94 766,707.27 150,864.80 Police Reserves 16,550.00 483.75 633.74 3.83 15,916.26 1,490.00 Public safety building 229,500.00 21,062.02 34,230.11 14.92 195,269.89 33,269.28 Fire Administration 1,332,800.00 99,214.35 258,125.05 19.37 1,074,674.95 251,457.88 Fire Operations 630,450.00 31,593.17 98,857.10 15.68 531,592.90 128,449.25 Emergency Management 34,750.00 750.68 1,136.97 3.27 33,613.03 1,102.99 Building Safety 625,500.00 65,664.33 141,202.70 22.57 484,297.30 135,106.47 Code Enforcement 126,000.00 12,700.63 28,036.32 22.25 97,963.68 26,436.35 Environmental 101,700.00 13,853.95 24,026.16 23.62 77,673.84 21,682.07 TOTAL Public Safety 10,429,600.00 954,305.76 2,268,324.34 21.75 8,161,275.66 2,280,822.43 Public Works Street Maintenance I,742,150.00 Its,199.19 322,667.11 18.52 1,419,482.89 314,001.94 Snow Removal 411,150.00 57,222.76 179,328.73 43.62 231,821.27 201,870.75 Equipment Services 397,300.00 41,156.81 88,601.20 22.30 308,698.80 71,122.64 Engineering 489,150.00 52,946.69 111,136.52 22.72 378,013.48 110,398.41 TOTAL Public Works 3,039,750.00 269,525.45 701,733.56 23.09 2,338,016.44 697,393.74 Page 195 of 201 4-10-2024 08:53 AM CITY OF ELK RIVER PAGE: 2 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: MARCH 31ST, 2024 101-GENERAL FUND FINANCIAL SUMMARY Culture & Recreation Parks Department Parks & Rec Admin Recreation Programs Farmers Market Sr Citizen Programs TOTAL Culture & Recreation Economic Development Economic Development Energy City TOTAL Economic Development General TOTAL EXPENDITURES REVENUES OVER/(UNDER) EXPENDITURES 25.00% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE 1,743,700.00 142,206.04 315,706.84 18.11 1,427,993.16 226,655.04 621,100.00 61,359.30 134,202.19 21.61 486,897.81 133,123.76 181,550.00 8,269.44 18,642.02 10.27 162,907.98 24,554.48 9,500.00 169.63 566.18 5.96 8,933.82 665.40 196,000.00 20,150.23 45,080.58 23.00 150,919.42 39,973.26 2,751,850.00 232,154.64 514,197.81 18.69 2,237,652.19 424,971.94 0.00 9,275.65 32,524.77 0.00 ( 32,524.77) 29,842.38 49,050.00 3,603.18 6,813.44 13.89 42,236.56 6,076.56 49,050.00 12,878.83 39,338.21 80.20 9,711.79 35,918.94 21,570,600.00 2,01.9,315.72 4,688,762.12 21.74 16,881,837.88 4,615,285.96 0.00 ( 1,704,157.69)( 3,781,483.24) 3,781,483.24 ( 3,637,162.14) Page 196 of 201 4-10-2024 08:53 AM CITY OF ELK RIVER PAGE: 3 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: MARCH 31ST, 2024 101-GENERAL FUND REVENUES General Fund 25.00% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE faxes 101-3-0000-3111 Current Ad Valorem Taxes 14,917,700.00 0.00 ( 3,325.92) 0.02- 14,921,025.92 0.00 101-3-0000-3112 Delinquent Ad Valorem Taxes 0.00 0.00 2,573.46 0.00 ( 2,573.46) 0.00 101-3-0000-3121 Gravel Tax 225,000.00 0.00 0.00 0.00 225,000.00 0.00 101-3-0000-3131 Penalties/Interest 0.00 0.00 75.2.46 0.00 ( 752.46) 0.00 TOTAL Taxes 15,142,700.00 0.00 0.00 0.00 15,142,700.00 0.00 Licenses & Permits 101-3-0000-3211 Liquor License 82,000.00 10,200.00 10,280.00 12.54 71,720.00 520.00 101-3-0000-3212 THC License 4,000.00 0.00 400.00 10.00 3,600.00 1,200.00 101-3-0000-3213 Cigarette License 4,000.00 0.00 450.00 11.25 3,550.00 150.00 101-3-0000-3214 Rental License 65,000.00 11,040.00 14,740.00 22.68 50,260.00 20,240.00 101-3-0000-3216 Mining License 26,000.00 0.00 0.00 0.00 26,000.00 0.00 101-3-0000-3217 Garbage Hauler License 2,500.00 2,000.00 2,395.00 95.80 105.00 765.00 101-3-0000-3218 Other Business License/Permit 16,000.00 970.00 3,410.00 21.31 12,590.00 5,840.00 101-3-0000-3229 NPDES Permit 23,000.00 350.00 525.00 2.28 22,475.00 175.00 101-3-0000-3.231 Building Permit 600,000.00 21,724.15 57,609.05 9.60 542,390.95 127,249.80 101-3-0000-3232 Plumbing/Heating Permit 160,000.00 7,116.58 18,885.23 11.80 141,114.77 32,357.77 101-3-0000-3233 Permit Surcharge 700.00 ( 259.75) 1,347.76 192.54 ( 647.76) 3,630.81 101-3-0000-3235 Animal License 0.00 0.00 50.00 0.00 ( 50.00) 560.00 101-3-0000-3237 Other Non-Business.Lic/Permit 25,000.00 1,185.00 3,221.19 12.88 21,778.81 2,600.00 TOTAL Licenses & Permits 1,008,200.00 54,325.98 113,313.23 11.24 894,886.77 195,288.38 Intergovernmental Rev 101-3-0000-3311 Federal Grant 0.00 0.00 0.00 0.00 0.00 308.70 101-3-0000-3322 MV Credit 6,000.00 0.00 0.00 0.00 6,000.00 0.00 101-3-0000-3323 Fire State Aid 230,000.00 3,000.00 3,000.00 1.30 227,000.00 4,000.00 101-3-0000-3325 Police 20 Aid 340,000.00 0.00 0.00 0.00 340,000.00 0.00 101-3-0000-3326 Police Training Reimb 35,000.00 0.00 0.00 0.00 35,000.00 0.00 101-3-0000-3329 State Crime Prevention Grant 48,000.00 0.00 0.00 0.00 48,000.00 0.00 TOTAL Intergovernmental Rev 659,000.00 3,000.00 3,000.00 0.46 656,000.00 4,308.70 Charges for Services 101-3-0000-3412 Planning & Zoning Fees 25,000.00 1,400.00 5,725.00 22.90 19,275.00 5,362.50 101-3-0000-3413 Plan Check Fee 250,000.00 10,754.49 30,682.86 12.27 219,317.14 66,497.56 101-3-0000-3415 Special Assessment Search 500.00 30.00 30.00 6.00 470.00 30.00 101-3-0000-3417 Copies 1,500.00 86.08 336.61 22.44 1,163.39 281.13 101-3-0000-3430 Lockout Fees 3,500.00 160.00 480.00 13.71 3,020.00 880.00 101-3-0000-3431 Police Services 45,000.00 3,626.82 8,646.82 19.22 36,353.18 11,550.00 101-3-0000-3432 School Liaison 183,000.00 0.00 86,123.00 47.06 96,877.00 82,810.50 101-3-0000-3434 Animal Impound Fee 500.00 50.00 100.00 20.00 400.00 300.00 101-3-0000-3436 Fire Contracts 400,000.00 48,387.46 259,592.96 64.90 140,407.04 192,635.00 101-3-0000-3437 Fire Services 3,000.00 ( 450.00)( 450.00) 15.00- 3,450.00 ( 300.00 101-3-0000-3451 Street Services 35,000.00 2,420.00 4,752.50 13.58 30,247.50 2,210.00 101-3-0000-3452 Engineering Services Reimb 20,000.00 0.00 0.00 0.00 20,000.00 5,986.60 Page 197 of 201 4-10-2024 08:53 AM CITY OF ELK RIVER PAGE: 4 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: MARCH 31ST, 2024 101-GENERAL FUND 25.00% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY REVENUES BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE 101-3-0000-3461 Recreation Fees 50,000.00 8,280.00 15,774.04 31.55 34,225.96 11,275.00 101-3-0000-3462 Sr Center Activities 43,000.00 3,422.52 13,493.68 31.38 29,506.32 16,068.92 101-3-0000-3463 Farmer's Market 12,000.00 6,170.00 is,000.00 150.00 ( 6,000.00) 19,760.00 101-3-0000-3469 Elk RiverFest 20,000.00 360.00 3,860.00 19.30 16,140.00 1,500.00 101-3-0000-3472 Park Use Fee 40,000.00 7,113.87 14,727.87 36.8.2 25,272.13 12,148.54 101-3-0000-3483 Sewer Inspection Fee 15,000.00 65.00 845.00 5.63 14,155.00 645.00 101-3-0000-3484 Contractor License Check 1,200.00 40.00 150.00 12.50 1,050.00 90.00 TOTAL Charges for Services 1,148,200.00 91,916.24 462,870.34 40.31 685,329.66 429,730.75 Fines & Forfeits 101-3-0000-3510 Court Fines 150,000.00 16,470.10 27,723.54 18.48 122,276.46 23,375.03 101-3-0000-3512 Ordinance Violations 0.00 0.00 0.00 0.00 0.00 1,600.00 TOTAL Fines & Forfeits 150,000.00 16,470.10 27,723.54 18.48 122,276.46 24,975.03 Special Assessments Other Revenue 101-3-0000-3621 Interest Income 150,000.00 0.00 56,779.06 37.85 93,220.94 46,156.65 101-3-0000-3625 Refunds & Reimbursements 145,000.00 32.00 ( 27,813.50) 19.18- 172,813.50 ( 1,069.57) 101-3-0000-3626 Contributions 25,000.00 25,750.00 25,750.00 103.00 ( '750.00) 39,760.00 101-3-0000-3629 Miscellaneous Revenue 10,000.00 709.39 2,140.45 21.40 7,859.55 2,477.88 TOTAL Other Revenue 330,000.00 26,491.39 56,856.01 17.23 273,143.99 87,324.96 Other Financing Sources Transfers In 101-3-0000-3921 Transfers 0.00 0.00 0.00 0.00 0.00 748.79 101-3-0000-3926 Transfer -Capital Outlay Resery 89,000.00 0.00 8,500.00 9.55 80,500.00 0.00 101-3-0000-3942 Transfer-WWTS 175,000.00 0.00 0.00 0.00 175,000.00 0.00 101-3-0000-3943 Transfer -Liquor 1,000,000.00 0.00 0.00 0.00 1,000,000.00 0.00 101-3-0000-3944 Transfer -Garbage 250,000.00 0.00 0.00 0.00 250,000.00 0.00 101-3-0000-3945 Transfer -Utilities 1,400,000.00 122,954.32 235,015.76 16.79 1,164,984.24 235,747.21 101-3-0000-3946 Transfer-Stormwater 135,000.00 0.00 0.00 0.00 135,000.00 0.00 101-3-0000-3948 Transfer-EDA 46,000.00 0.00 0.00 0.00 46,000.00 0.00 101-3-0000-3949 Transfer-HRA 37,500.00 0.00 0.00 0.00 37,500.00 0.00 TOTAL Transfers In 3,132,500.00 122,954.32 243,515.76 7.77 2,888,984.24 236,496.00 TOTAL General Fund 21,570,600.00 315,158.03 907,278.88 4.21 20,663,321.12 978,123.82 TOTAL REVENUE 21,570,600.00 315,158.03 907,278.88 4.21 20,663,321.12 978,123.82 Page 198 of 201 CITY OF ELK RIVER MULTIPURPOSE FACILITY - BUDGET TO ACTUAL MONTH ENDED MARCH, 2024 Current Year to Date % of Budget Actual Budget Revenues: Ice Rental $893,500 $188,559 21.10% Admissions 45,000 18,488 41.08% Dry Floor Events/Craft Shows 7,000 465 6.64% Facility Rental 244,400 57,908 23.69% Advertising/Naming Rights/Sponsorships 178,000 20,738 11.65% Recreation fees (Skating/Hockey) 290,000 83,195 28.69% Concessions/vending 229,000 94,117 41.10% Other Revenues (interest, etc.) 9,100 5,251 57.70% Total Revenues $1,896,000 $468,720 24.72% Operating expenses: Personal services $900,650 $252,683 28.06% Supplies 159,800 80,683 50.49% Other service charges 661,300 95,112 14.38% Capital Outlay 120,400 0 0.00% Total Expenditures $1,842,150 $428,478 23.26% Revenues over/(under) expenditures $53,850 $40,242 FTCenter March 2024 $2,000,000 Budget, $1,896,000 Budget, $1,842,150 $1, 800,000 $1, 600,000 $1,400,000 $1, 200,000 $1,000,000 $800,000 Actual Actual $600,000 $468,720 $428,478 $400,000 $200,000 $0 Total Revenues Total Expenditures Page 199 of 201 Sales and cost of sales: Sales Cost of sales Gross profit Operating revenues: User charges Delinquency collections Other Total operating revenues Operating expenses: Personal services Supplies Other service charges Depreciation * Total operating expenses Operating income (loss Nonoperating revenues (expenses): Interest income Interest expense/agent fees Total nonoperating revenues (expenses) Income (loss) before contributions & transfers Contributions - connection fees Transfers out NET INCOME (LOSS) Items reclassified to balance sheet at year end: Bond Proceeds Capital Outlay Bond Payment (Payoff 2014B Refunded Debt) Revenues over/(under) expenditures * Recorded at year-end CITY OF ELK RIVER ENTERPRISE FUNDS - BUDGET TO ACTUAL MONTH ENDED MARCH, 2024 Liquor Sewer Garbage Stormwater Current Year to Date % of Current Year to Date % of Current Year to Date % of Current Year to Date % of Budget Actual Budget Budget Actual Budget Budget Actual Budget Budget Actual Budget $ 8,161,000 $ 1,807,377 22.15% 6,028,000 943,630 15.65% $ 2,630,000 $ 450,877 17.14% $ 2,009,800 $ 321,068 15.98% $ 630,000 $ 109,882 17.44% 2,133,000 863,747 40.49% - - - - - - 1,000 - 0.00% - 117 - - 19 - 9,000 1,130 12.560% 180,000 34,990 19.44% 9000 1130 12.56% 2,811,000 485,867 17.28% 2,009,800 321,185 15.98% 630000 109901 17.44% 1,070,500 276,813 25.86% 863,500 197,327 22.85% 45,550 11,356 24.93% - - - 28,100 16,051 57.12% 324,600 47,415 14.61% 23,400 330 1.41% 1,000 - 0.00% 355,950 48,129 13.52% 972,410 142,876 14.69% 1,773,250 276,988 15.62% 453,600 50,114 11.05% 100,000 0.00% 1,705,000 0.00% 495,000 0.00% 1,554,550 340,993 21.94% 3,865,510 387,618 10.03% 1,842,200 288,673 15.67% 949,600 50,114 5.28% 587,450 523,884 89.18% (1,054,510) 98,249 -9.32% 167,600 32,512 19.40% (319,600) 59,786 -18.71% 125,000 24,377 19.50% 125,000 62,383 49.91% 8,000 5,804 72.55% 25,000 13,561 54.24% (82,800) (42,918) 51.83% 125,000 24,377 19.50% 42,200 19,466 46.13% 8,000 5,804 72.55% 25,000 13,561 54.247% 712,450 548,261 76.95% (1,012,310) 117,715 -11.63% 175,600 38,315 21.62% (294,600) 73,347 -24.90% - - - 1,000,000 12,754 1.28% - - - - - - 1,250,000 0.00% (175,000) 0.00% (58,000) 0.00% 175,000 0.00% (537,550) 548,261 -101199% (187,310) 130,468 -69.65% 117,600 38,315 32.58% (469,600) 73,347 -15.62% (91,000) - - (173,000) - - - - - - - - - - - (520,000) (520,000) - - - - - - - (628,550) 548,261 (880,310) (389,532) 117,600 38,315 (469,600) 73,347 Page 200 of 201 4-10-2024 09:07 AM CITY OF ELK RIVER PAGE: 1 POOLED CASH REPORT (FUND 999) AS OF: MARCH 31ST, 2024 FUND ACCOUNT# ACCOUNT NAME CLAIM ON CASH BEGINNING BALANCE CURRENT CURRENT ACTIVITY BALANCE 002-1010 Cash - Section 125 5,714.02 1,815.02 7,529.04 101-1010 Cash - General Fund 6,833,486.03 ( 1,581,705.53) 5,251,780.50 211-1010 Cash - Library 225,660.16 ( 15,768.95) 209,891.21 219-1010 Cash.- Federal COVID Fund 1,413,960.83 7,274.14 1,421,234.97 221-1010 Cash - Multipurpose Facility 135,155.17 ( 113,884.41) 21,270.76 225-1010 Cash - Park Dedication 1,483,280.07 ( 21,276.00) 1,462,004.07 228-1010 Cash - Landfill 179,111.90 ( 395.25) 178,716.65 231-1010 Cash. - Landfill Const Debris 848,458.36 0.00 848,458.36 240-1010 Cash - Micro Loan Fund 1,141,315.56 554.60 1,141,870.16 242-1010 Cash - State DEED 452,012.40 3,138.13 455,150.53 245-1010 Cash - Development Fund 1,297,475.33 ( 130.00) 1,297,345.33 290-1010 Cash.- Capital Outlay :Reserve 2,698,185.63 ( 21,373.88) 2,676,811.75 291-1010 Cash - Insurance Reserve ( 74,588.69)( 14,955.07)( 89,543.76) 292-1010 Cash - Govt Bldgs Reserve 4,670, 542 .12 135,409.84 4, 805, 951. 96 294-1010 Cash - Drug Forfeiture 6,618.84 ( 75.00) 6,543.84 296-1010 Cash. - GRE :Reserve 837,389.91 0.00 837,389.91 301-1010 Cash - 2020A GO CIP Bonds 33,495.57 0.00 33,495.57 302-1010 Cash - 2021A GO CIP BONDS 19,954.48 0.00 19,954.48 333-1010 Cash - 2020B (2010/2012) Bonds ( 191,636.54) 0.00 ( 191,636.54) 343-1010 Cash.- 2019A Sales Tax Bonds 7,616,249.50 19,897.68 7,636,147.18 401-1010 Cash - Pavement Mgmt 4,289,683.03 ( 261,556.85) 4,028,126.18 403-1010 Cash - Street Improvement 545,961.00 ( 1,087.50) 544,873.50 406-1010 Cash - City Wide Trunk Util 1,655,231.23 ( 1,348.00) 1,653,883.23 410-1010 Cash. - Equipment :Replacement 2,082,043.15 ( 155,968.01) 1,926,075.14 411-1010 Cash - Technology Replacement 42,740.88 ( 6,759.42) 35,981.46 420-1010 Cash - Active ER 1,498,383.21 2,910.46 1,501,293.67 421-1010 Cash - PS Building/Fire Sta 3 910,112.70 3,708.40 913,821.10 440-1010 Cash. - Park Improvement 308,743.06 ( 17,274.50) 291,468.56 462-1010 Cash - TIF 422 Downtown Redev 1,342.75 0.00 1,342.75 463-1010 Cash - TIF 423 Prof Powder ( 30,751.51) 36,150.80 5,399.29 465-1010 Cash - TIF 25 Jackson Hills 18,300.30 0.00 18,300.30 466-1010 Cash.- TIF 426 Shoot Steel 2,381.20 0.00 2,381.20 467-1010 Cash - TIF 427 Delta Apartment 1,398.28 0.00 1,398.28 602-1010 Cash - Wastewater Treatment 9,433,582.37 51,935.09 9,485,517.46 603-1010 Cash - Liquor 3,920,578.00 70,686.57 3,991,264.57 605-1010 Cash. - Garbage 925,537.71 22,809.10 948,346.81 607-1010 Cash - Storm Water 2,152,065.23 55,526.57 2,207,591.80 801-1010 Cash - Interest. 0.00 128,089.83 128,089.83 821-1010 Cash - Developer Escrow 1,048,993.24 5,382.00 1,054,375.24 TOTAL CLAIM ON CASH 58,4.38,166.48 ( 1,668,270.14) 56,769,896.34 CASH IN BANK - POOLED CASH 999-1000 A/P BANK ACCOUNTS 212,939,017.83 489,567.74 213,428,585.57 999-1001 PY BANK ACCOUNT (182,883,040.91)( 2,157,837.88)(185,040,878.79) 999-1002 POOLED INVESTMENTS 28,382,189.56 0.00 28,382,189.56 SUBTOTAL CASH IN BANK - POOLED CASH 58,438,166.48 ( 1,668,270.14) 56,769,896.34 Page 201 of 201