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INFORMATION #1 12-20-2010
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INFORMATION #1 12-20-2010
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12/17/2010 8:59:36 AM
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12/20/2010
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E x f~enditure r: <br />• Excluding transfers out, the total departmental expenditures axe about 82% and most <br />departments axe well within ox below budget. The liability insurance renewal <br />premium fox July-December was paid in November. <br />• The transfers out to the Ice Arena and Pinewood Golf axe made at the end of the <br />year. <br />Ice Arena <br />As of the end of November, expenditures exceed revenues by $5,257. Revenue collections <br />of $550,799 axe about 75% of budget estimates (excluding transfers in). Expenditures of <br />$556,056 axe about 65% of budget estimate and include the Arena's $39,417 financial match <br />fox an energy efficiency and conservation block giant. <br />Pinewood Golf <br />Fox the month ended November, expenditures exceed revenues by $40,169 as the golf <br />season came to a close in mid-November. Golf revenues collected through November of <br />$182,106 account fox about 91% of budget estimates, excluding transfers in, and <br />expenditures of $222,275 axe about 93% of budget. <br />
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