HomeMy WebLinkAboutMemo - Jan-March 2004 Revenues and ExpendituresMEMORANDUM
TO• UHGID Adwsory Commdtee
Molly Winter - Executive Director
FROM Donna Jobert, Financial Analyst
SUBJECT: Jan-March 2004 Revenues and Expenditures
DATE April 30, 20D4
' Shown below is a summary of Jan-Mar 2004 revenues and expenditures The 2004 budget and 200;
actuals are shown for comparahve purposes
' Revenues were 25°/ collected and are up $8365 when compared with last year
" Meter revenues for street and lot meters are a bit higher than budgeted so far this year One quarter does not
necessarily show trends 8udgeted amounts were reduced from last year
" Misc Revenue is a sponsor donation tor the Uni Hill 2k
* Interest revenues continue to decline due to low interest rates
` Expenditures for 2004 equal 20% of budgeted expenses and are $10,721 higher Yhan last year'~
expenditures at the same point
' The $10k increase is primarily with payment for the Hill Vision Plan
' We monitored revenue shorttalls closely and hold back expenses to minimize losses from the Fund Balance
UHGID Revenues and Expenditures - Jan-Mar 2004
Jan-Mar2004 Jan-Mar2003
Revenue 2004 % Revenues 2004-2003
Taxes $5,445 $25,310 Zl bl"/o ~o,rou ~w~~~i
Street Meters $43,526 $165,000 26 38 % $39,593 $3,933
14th Straet Lot $13,422 $53,831 24 93% $13,47~ ~$48)
PennsylvaniaLot $14,195 $55,480 25 59% $13,870 $325
Pleasant Lot (permits) $7,906 $30,532 25 89% ~s~~2~ $~ ~~~9
Pleasant Lot (meters) $3,489 $13,832 25 22% $3,465 $24
Takens $19 $1,000 1 90°/a $209 ($190)
Meterhoads $1,548 $2,500 61 92% $1,177 $371
Miscellaneous revanues $1,666 $895 ' 57 $~$793
Interest $2,050 $23,191 8 84% $' 2
TOTAL $93,266 $371,571 25.10% $84,901 $8,365
Jan-Mar2004 2004 % Jan-Mar2003 2004-2003
Ex enditures AcUvdy Budget Expended Activdy Difference
Parking Svcs Parsonnel $25,716 $111,201 23 13/0 $24,271 $1,445
Parking Svcs Non-personnei $9,004 $71,396 12 61% $7,313 $1 ~691
DUHMD Personnel $16,629 $73,502 22.62% $15,210 $1,419
DUHMD Non-personnel $fi,420 $26,244 24 46% $7,105 ($685)
Cost Allocation/Benefit fund $4,803 $19,212 25 00% $4,857 ($48)
EconomicVitality-Marketmg $3,388 $32,438 1044% $5~839
0 ~$2,45~~
800
$9
Economw Vitality - Bus Plan $9,800 $30,400 32 24%
0
0% $
$450 ,
($450)
Eco-Pass Prog $0 $636 0 ~0
Capital Replacement Reserve $0
'___ $9,000
_.__ _____. _ 0 00%-
._ ' $~
TOTAL .............'._._
$75,760 $374,029 20,26% $65,039 $10,721