Laserfiche WebLink
E.xf~enditure.r: <br />• Excluding transfers out, the total departmental expenditures are at about 36% and <br />most departments are well within or below budget estimates. <br />• The transfers out to the Ice Arena and Pinewood Golf Course are made at the end <br />of the year based on actual results. <br />Ice Arena <br />For the month ended May, revenues exceed expenditures by $18,696. Excluding transfers, <br />revenue collections of $297,032 are at 39% of budget estimates and slightly below last year's <br />collections of $303,238 or 41% of budget estimates. Expenditures are at 29% of budget <br />estimates and include $24,225 of debt service payments. <br />Pinewood Golf <br />For the month ended May, expenditures exceed revenues by $23,761. The following chart <br />provides arevenue/expenditure comparison with last year's operations: <br /> %of %of <br /> 5 31 09 Budget 5 31 08 Budget <br />Revenues (excluding transfers) $76,415 39.70% $62,129 29.14% <br />Expenditures $100,176 39.32% $117,900 42.05% <br />Revenues .over (under) ($23,761) ($55,771) <br />expenditures <br />,. <br />