HomeMy WebLinkAboutInformation Item: 2004 1st and 2nd Quarter Revenues and ExpendituresMEMORANDUM
TO UHGID Advisory Committee
FROM Donna Jobert, Financial Analyst
SUBJ 2004 tst and 2nd Quarler Revenues and Ezpenditures
DATE Augus~ 9, 2004
Shown below is a summary of YTD 2004 revenues and expenditures The 2004 budget
and 2003 year-to-date actuals are shown for comparatrve purposes Revenues are 55°/> collected
but are down $10,831 when compared to last year This is pnmanly due to 2003 excess meter revenue of 21,294
Parkmg revenues are comparable wrth last year and basically on target to 6msh the year ~ust shghtly over budget
Expenditures to date equal 36 % of budgeted expenses and are $33,927 above last year's expenditures
Variations from last year include the Hill 8usiness Plan, Uni Hill 2k Race (which is offset by revenue) and generel increases
We have pro~ected expenses for the full year and expect to spend all budgeted dollars
Overall, revenues and expenditures are on target for the year
UHGID Revenues and E~cpend~tures - JanJune 2004
2004 2003
Yearto Date 2004 qo Revenues
Revenues Revenue Colleeted Budget Colleeted Collected Difference
Taxes $16,793 $25,310 6703% $16,966 ($~73)
Street Meters $89,781 $765,000 51 51 % $84,998 $4,783
14th Street Lot $25,157 $53,831 51 07 % $27,489 ($2,332)
PennsylvaniaLot $28,607 $55,480 4936% $27,383 $1,224
PleasantLot(permits) $14,727 $30,532 4047% $12,356 $2,371
Pleasant Lot (meters) $6,897 $13,832 55 82 % $7,721 ($824)
Tokens $123 $1,000 3230% $323 ($200)
Meterhoods $2,647 $2,500 7192% $1,798 $849
Operating Transfers $0 $0 - $21,294 ($21294)
Uni Hill 2k $5,577 $0 - $0 $5,577
Miscellaneous revenues $0 $895 - $300 ($300)
Interest $5,209
"_""_""_"_"""""_ " $23,191
-"_'_'_ 2467% $5,721 ($512)
TOTAL
$195,518 _
$371,571 __._.._._._'
55.539'0 ""'_'_'
$208,349 "•"""""'_"
($10,837)
2004 Rewsed 2003
Yearto Date 2004 Total Yearto Data
Expendrtures Expenses Budget Expended Aetivity Difference
ParkingSvcsPersonnel $55,807 $111,201 4640% $51,592 $4,215
ParWng Svcs Non-personnel $20,733 $71,396 22 35% $15,960 $4,773
DUHMD Personnel $35,863 $73,502 41 47% $30,479 $5,384
DUHMDNon-personnel $72,542 $26,244 6183% $16,226 ($3,664)
Cost Allocation/Benefit fund $9,606 $19212 39 31% $7,552 $2,055
Economic Vrtahty - Markating $13,197 $32,438 32 71 % $10,610 $2,587
Economic Vitality • Bus Plan $15,080 $30,400 0 00 % $0 $15,080
Uni Hill2k $5,527 $0 - $1,815 $3,712
Eco-Pass Prog $0 $636 70 75 % $450 ($450)
Capdal Replacement Reserve $0 $9,000 0 00 % $0 $0
TOTAL --------~_..-'---------------- -
$168,355 ------------'---
$374,029 ----------------- -
36.07% --------._.-'------ -
$134,685 ---------------
$33,670