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INFORMATION #3 07-16-2012
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INFORMATION #3 07-16-2012
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7/20/2012 10:48:43 AM
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7/13/2012 2:42:17 PM
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Ea~eyaditure~: <br />• Excluding transfers, the total departmental expenditures are slightly under 42% and <br />almost all departments are well within or below budget. <br />• The transfer out to Pinewood Golf will be made at the end of the year when all <br />revenues and expenditures are finalized. <br />Ice Arena <br />~s of the end of June, revenues exceed expenditures by $41,265. Revenue collections of <br />$334,580 are 46% of budget estimates and expenditures of $293,315 are at 46% of budget. <br />Ice rental revenues are at 45% of budget estimates. <br />Pinewood Golf <br />For the month ended June, revenues exceed expenditures bj= $8,194. Excluding transfers in, <br />total revenue collections of 5106,102 are about 54% of budget and expenditures of $97,908 <br />are about 41 °/o of budget. Green fee revenues exceed last f=ear's revenues as of the end of <br />June by over 513,600. <br />Attachments: <br />• General Fund Revenue & Expense Report <br />• Enterprise Funds -Budget to l~ctual <br />• Cash Report - loll Funds <br />
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