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Home My WebLink About2021.05.31 Revenue & Expenditure ReportTOWN OF OCEAN CITY FISCAL YEAR-TO-DATE REVENUE SUMMARY AS OF MAY 31, 2021 r,UVnr.o'� • FY 2021 FY 2021 FY 2021 REVENUE ADOPTED REVISED TO DATE BUDGET BUDGET GENERAL FUND 100.44 44,796,623 Property Taxes 44,213,864 44,245,829 Sales and Use Taxes 69.32 11,740,881 Admissions Tax 1,435,000 1,019,783 Room Taxes 16,720,000 16,599,851 Other 2,164,523 2,354,669 Licenses and Permits 4,322,150 4,376,217 Intergovernmental Revenue 101.42 4,653,438 Federal Government 173,056 671,171 State of Maryland 438,608 1,092,927 Worcester County 4,704,503 5,224,053 Service Charges 113.36 1,353,127 Parking Lots/Meters 5,264,190 4,291,716 Events and Programs 4,436,100 3,212,927 Other Service Charges 1,490,650 1,580,650 Fines and Forfeitures 849,400 1,559,400 Other Revenue 757,811 888,274 Proceeds from Long -Term Debt Operating Transfers In 45,559 45,559 Appropriated Fund Balance 1,707,477 2,501,256 Total General Fund Revenues ----------------- ----------------- $ 88,722,891 $ 89,664,282 FY 2021 PRIOR YEAR REVENUE ACTUAL AS ACTUAL TO DATE % OF BUDGET TO DATE 44,441,000 100.44 44,796,623 1,028,390 100.84 1,417,023 11,506,816 69.32 11,740,881 1,995,210 84.73 1,855,763 3,837,371 87.69 4,192,309 592,796 88.32 477,281 1,003,344 91.80 741,371 5,298,042 101.42 4,653,438 3,501,936 81.60 3,559,770 3,934,942 122.47 4,522,306 1,609,239 101.81 1,313,082 1,767,690 113.36 1,353,127 851,095 95.81 1,697,915 2,650,042 - 153,536 337.00 107,115 ----------------- $ 84,171,449 ----------------- ----------------- 93.87 $ 82,428,004 GENERAL FUND Legislative Administration Planning and Community Development Police Communications Communications -Electronics Fire Emergency Medical Services Emergency Management Fire Marshal Public Works Administration Construction Maintenance Solid Waste Recreation and Parks Beach Patrol Town -Sponsored Festivals Tourism and Public Relations Debt Service Operating Transfers Out Total General Fund Expenditures TOWN OF OCEAN CITY FISCAL YEAR-TO-DATE EXPENDITURE REPORT AS OF MAY 31, 2021 FY 2021 ADOPTED BUDGET FY 2021 FY 2021 PRIOR YEAR REVISED EXPENDITURES ACTUAL AS ACTUAL BUDGET TO DATE % OF BUDGET TO DATE 1,195,629 1,190,681 1,030,695 86.56 1,022,843 2,116,518 2,121,113 1,629,904 76.84 1,778,490 1,635,959 1,615,807 1,480,756 91.64 1,477,422 22,893,141 23,490,583 20,656,619 87.94 19,354,225 1,942,728 1,951,917 1,691,854 86.68 1,588,493 447,260 470,187 397,522 84.55 436,087 2,077,771 2,471,602 2,034,450 82.31 1,719,237 8,573,926 8,580,899 7,583,033 88.37 7,430,233 585,414 651,706 569,614 87.40 571,537 1,164,249 1.222,074 1,000,996 81.91 1,059,637 1,942,349 2,041,452 1,687,320 82.65 1,648,330 4,031,520 4,144,156 3,361,066 81.10 3,486,161 5,651,703 5,756,728 4,592,269 79.77 4,512,955 6,863,417 6,798,586 5,917,330 87.04 5,450,973 4,729,371 4,590,018 3,746,664 81.63 3,653,938 2,546,786 2,654,068 1,907,859 71.88 1,697,461 2,015,208 1,277,797 1,075,658 84.18 1,453,250 7,092,063 7,642,606 6,416,714 83.96 7,123,481 5,175,977 5,197,727 7,429,056 142.93 4,667,232 6,041,902 5,794,575 4,930,605 85.09 6,981,109 ----------------- $ 88,722,891 ----------------- ----------------- $ 89,664,282 $ 79,139,984 88.26 $ 77,113,094 WATER FUND Revenues Metered Usage Charges Fixture Charges Vacant Lot Charges Connection Fees Sales - Materials and Service Impact Fees Other Interest Earned Bond Issuance Appropriated Fund Balance Total Revenues Expenditures Administration Distribution System Water Plant Meter Reading Meter Installation Capital Projects Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 ADOPTED BUDGET 4,140,000 2,339,200 20,295 116,000 38,000 109,620 44,000 ----------------- $ 6,807,115 1,917,028 1,202,762 2,440,759 273,458 148,108 825,000 ----------------- $ 6,807,115 FY 2021 REVISED BUDGET 4,059,000 2,339,200 20,295 116,000 38,000 109,620 45,251 1,919,797 348,500 ----------------- $ 8,995,663 1,950,647 1,384,580 2,257,212 243,971 155,258 3,003,995 ---------------- - $ 8,995,663 FY 2021 ACTUAL TO DATE 3,107,881 2,032,795 17,229 53,184 51,028 196,092 3,539 3,436 227,278 ----------------- $ 5,692,462 2,014,991 1,158,352 1,831,738 205,923 120,957 2,668,127 $ 8,000,088 ACTUAL AS X OF BUDGET PRIOR YEAR ACTUAL TO DATE 76.57 2,913,378 86.90 2,104,214 84.89 16,495 45.85 77,783 134.28 26,064 178.88 7.59 51,118 65.22 ----------------- ----------------- 63.28 $ 5,189,052 103.30 83.66 81.15 84.40 77.91 88.82 88.93 1,625,025 1,295,537 1,819,685 215,945 100,911 1,566,514 ----------------- $ 6,623,617 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES " AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET WASTEWATER FUND Revenues Federal and State Grants Licenses and Permits Lab Fees Fixture Charges Vacant Lot Charges Connection Fees Sales - Materials and Service Service Outside City Land Rent Interest Earned Other Revenue Proceeds from Long -Term Debt Appropriated Fund Balance Total Revenues Expenditures Administration Treatment Plant Collection System Lab Capital Projects Total Expenditures 60,000 105,000 13,265,472 45,738 8,000 5,000 835,000 4,000 85,000 191,400 ----------------- $ 14,604,610 5,446,219 5,095,645 1,154,560 358,914 2,549,272 ----------------- $ 14,604,610 60,000 105,000 13,265,472 45,738 8,000 5,000 746,969 4,000 88,173 191,400 4,718,384 2,293,358 $ 21,531,494 5,470,669 5,051,359 1,146,340 364,334 9,498,792 ----------------- $ 21,531,494 55,275 92.13 113,050 107.67 12,753,483 96.14 37,804 82.65 6,600 82.50 764 15.28 746,969 100.00 4,000 100.00 10,336 11.72 382,568 199.88 5,699,545 120.79 ----------------- ----------------- $ 19,810,394 92.01 10,661,172 3,942,623 908,590 324,937 3,436,293 ----------------- $ 19,273,615 194.88 78.05 79.26 89.19 36.18 89.51 PRIOR YEAR ACTUAL TO DATE 99,969 47,475 105,631 12,663,302 40,590 22,893 1,017 813.612 138,706 4,362,352 ----------------- $ 18,295,547 5,030,178 4,350,934 953,307 319,440 1,774,523 ----------------- $ 12,428,382 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES " +k: AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE TRANSPORTATION FUND Revenues Federal and State Grants Bus Passenger Revenue Bus Pass Revenue Senior Citizen Bus Passes Boardwalk Train Revenue Bus and Train Advertising Service Charges Interest Earned Other Revenue General Fund Contribution Appropriated Fund Balance Total Revenues Expenditures Administration Buses Boardwalk Trains Capital Projects Total Expenditures 1,445,782 2,551,283 23,000 11,000 1,536,293 328,000 17,000 15,000 1,387,206 116,000 ----------------- $ 7,430,564 1,140,298 5,350,236 940,030 ----------------- $ 7,430,564 5,994,392 690,000 3,000 3,000 737,074 248,000 8,600 1,000 1,524,708 130,461 $ 9,340,235 1,078,698 3,713,896 613,280 3,934,361 ----------------- $ 9,340,235 4,613,880 76.97 7,385,710 634,997 92.03 1,736,087 1,036 34.53 6,766 5,217 173.90 6,013 19,659 2.67 1,032,952 97,911 39.48 133,404 8,428 98.00 15,023 588 58.80 13,690 38,449 - 309 1,271,600 83.40 1,164,724 ----------------- ----------------- $ 6,691,765 ----------------- 71.64 $ 11,494,678 911,746 2,402,037 348,184 3,100,686 ----------------- $ 6,762,653 84.52 64.68 56.77 78.81 72.40 983,901 3,477,731 773,525 7,621,270 ----------------- $ 12,856,427 AIRPORT FUND Revenues Federal and State Grants Service Charges Other Revenue General Fund Contribution Appropriated Fund Balance Total Revenues Expenditures Operations Capital Projects Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE X OF BUDGET PRIOR YEAR ACTUAL TO DATE 2,090,000 3,031,125 2,265,064 74.73 160,430 741,220 618,720 570,601 92.22 600,083 366,507 361,823 335,186 92.64 334,510 313,171 493,887 109,739 22.22 633,567 131,898 - ---------------------------------- $ 3,510,898 $ ----------------- 4,637,453 $ ----------------- 3,280,590 ----------------- 70.74 $ 1,728,590 3,510,898 1,345,612 1,151,591 85.58 1,004,472 3,291,841 2,334,714 70.92 1,494,676 ---------------------------------- $ 3,510,898 $ ----------------- 4,637,453 $ ----------------- 3,486,305 ----------------- 75.18 $ 2,499,148 GOLF COURSE FUND Revenues Greens Fees Cart/Club Rentals Pro Shop Sales Concessions Other Miscellaneous Revenue Interest Earned General Fund Contribution Transfers In - Admissions Tax Appropriated Fund Balance Total Revenues Expenditures Operations Maintenance Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE X OF BUDGET TO DATE 1,345,288 1,345,288 1,342,427 99.79 838,975 375,163 375,163 381,722 101.75 259,201 137,463 160,463 166,468 103.74 95,367 281,589 281,589 258,801 91.91 184,452 39,431 39,431 39,377 99.86 25,317 3,200 3,200 471 14.72 5,114 - 213,576 50,000 50,000 36,066 72.13 35,185 6,411 7,602 - ---------------------------------- $ 2,238,545 $ ----------------- 2,262,736 $ 2,225,332 ----------------- ----------------- 98.35 $ 1,657,187 1,088,562 1,111,562 926,966 83.39 859,761 1,149,983 ----------------- 1,151,174 1,000,796 86.94 1,230,760 ----------------- $ 2,238,545 $ ----------------- 2,262,736 $ 1,927,762 ----------------- ----------------- 85.20 $ 2,090,521 CONVENTION CENTER FUND Revenues Federal Grants Food and Beverage Taxes State and County Grants Service Charges Other Revenue General Fund Contribution Bond Proceeds Appropriated Fund Balance Total Revenues Expenditures Administration Performing Arts Center Sales Maintenance Capital Projects Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE X OF BUDGET 1,540,000 1,631,525 1,862,000 60,461 1,581,525 14,000 ---------------- $ 6,689,511 3,328,909 41,000 305,654 3,013,948 ----------------- $ 6,689,511 184,771 1,540,000 1,581,525 1,192,971 89,554 1,531,525 13,075,714 773,215 ----------------- $ 19,969,275 3,152,664 287,941 2,747,938 13,780,732 ---------------- $ 19,969,275 184,772 1,059,040 1,453,897 321,886 297,519 1,449,723 ----------------- $ 4,766,837 2,572,123 237,110 2,118,343 6,951,175 ----------------- $ 11,878,751 PRIOR YEAR ACTUAL TO DATE 100.00 2,611,790 68.77 1,050,293 91.93 1,417,433 26.98 1,164,236 332.22 294,336 94.66 1,342,725 ----------------- ----------------- 23.87 $ 5,269,023 81.59 2,611,790 - 46 82.35 247,594 77.09 2,414,381 50.44 266,698 ----------------- ----------------- 59.49 $ 5,540,509 7.4.,�y tryTt. A 4• . rb�:vnr•n `�° INFORMATION TECHNOLOGY FUND Revenues Service Charges General Fund Water Fund Wastewater Fund Transportation Fund Airport Fund Golf Course Fund Convention Center Fund Service Center Fund Risk Management Fund Other Revenue Appropriated Fund Balance Total Revenues Expenditures Administration Operating Transfers Out Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 1,733,078 125,839 141,934 67,805 12,331 24,724 47,532 94,999 29,645 $ 2,277,887 2,219,019 58,868 ----------------- $ 2,277,887 1,733,078 125,839 141,934 67,805 12,331 24,724 47,532 94,999 29,645 3,850 5,225 $ 2,286,962 2,228,094 58,868 ----------------- $ 2,286,962 1,588,554 115,346 130,097 62,150 11,297 22,660 43,560 87,076 27,170 3,850 $ 2,091,760 1,955,438 53,966 ----------------- $ 2,009,404 PRIOR YEAR ACTUAL AS ACTUAL X OF BUDGET TO DATE 91.66 1,538,328 91.66 119,570 91.66 136,664 91.66 55,033 91.61 10,307 91.65 20,702 91.64 42,031 91.66 96,492 91.65 28,853 100.00 ----------------- ----------------- 91.46 $ 2,047,980 87.76 2,001,902 91.67 59,158 ----------------- ----------------- 87.86 $ 2,061,060 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES " AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE X OF BUDGET SERVICE CENTER FUND Revenues Service Charges Fuel Sales Sales of Parts and Supplies Mechanic Labor Charges Other Revenue Total Revenues Expenditures Administration Warehouse Garage Total Expenditures PRIOR YEAR ACTUAL TO DATE 1,708,243 1,708,243 779,263 45.62 927,313 1,498,752 1,498,752 1,210,685 80.78 1,214,677 1,503,898 1,503,898 1,197,926 79.65 1,356,733 4,000 ----------------- 4,000 1,937 48.43 2,353 ----------------- $ 4,714,893 $ ----------------- 4,714,893 $ ----------------- 3,189,811 ----------------- 67.65 $ 3,501,076 631,617 676,408 609,888 90.17 570,584 2,794,196 2,803,004 1,632,191 58.23 1,975,051 1,289,080 1,235,481 1,121,374 90.76 1,117,275 ---------------------------------- $ 4,714,893 $ ----------------- 4,714,893 $ ----------------- 3,363,453 ----------------- 71.34 $ 3,662,910 VEHICLE/EQUIPMENT TRUST FUND Revenues Service Charges Sales - Materials and Service General Fund Water Fund Wastewater Fund Transportation Fund Airport Fund Golf Course Fund Convention Center Fund Service Center Fund Information Technology Fund Risk Management Fund Equipment Lease Insurance Claims Capital Asset Sales Proceeds from Long -Term Debt Operating Transfers In Appropriated Fund Balance Total Revenues Expenditures Operating Expenses Debt Service Capital Outlay Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 ADOPTED BUDGET 452,009 2,518,479 126,086 114,086 313,178 8,404 91,375 26,154 22,291 8,491 6,312 74,000 190,526 ----------------- $ 3,951,391 1,003,432 986,372 1,961,587 ----------------- $ 3,951,391 FY 2021 REVISED BUDGET 452,009 2,518,479 126,086 114,086 313,178 8,404 91,375 26,154 22,291 8,491 6,312 31,819 74,000 1,159 564,336 ----------------- $ 4,358,179 1,003,432 986,372 2,368,375 ----------------- $ 4,358,179 FY 2021 PRIOR YEAR ACTUAL ACTUAL AS ACTUAL TO DATE X OF BUDGET TO DATE 412,880 91.34 442,720 2,308,339 91.66 1,913,164 115,555 91.65 95,777 104,555 91.65 98,406 287,056 91.66 251,471 7,689 91.49 5,676 83,743 91.65 88,770 23,969 91.65 11,869 20,416 91.59 17,391 7,777 91.59 7,172 5,786 91.67 5,588 - 39,503 31,819 100.00 37,503 118,644 160.33 127,601 148,848 ----------------- $ 3,528,228 --------- ------ ----------------- 80.96 $ 3,291,459 864,007 813,474 1,790,203 ----------------- $ 3,467,684 86.11 82.47 75.59 ----------------- 79.57 792,943 2,135,740 1,869,513 ----------------- $ 4,798,196 RISK MANAGEMENT FUND Revenues Service Charges General Fund Water Fund Wastewater Fund Transportation Fund Airport Fund Golf Course Fund Convention Center Fund Service Center Fund Information Technology Fund Vehicle/Equipment Trust Fund Interest Earned Total Revenues Expenditures Administration Insurance Policies Claims Expense Operating Transfers Out Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2021 FY 2021 FY 2021 FY 2021 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET _ BUDGET TO DATE % OF BUDGET TO DATE 1,300,872 104,856 133,923 99,845 14,981 20,842 182,598 17,873 7,608 654,309 38,380 $ 2,576,087 476,599 1,577,950 365,000 76,538 $ 2,496,087 1,300,872 104,856 133,923 99,845 14,981 20,842 182,598 17,873 7,608 654,309 38,380 ----------------- $ 2,576,087 537,199 1,577,950 365,000 76,538 ----------------- $ 2,556,687 1,192,125 96,096 122,738 91,509 13,728 19,096 167,365 16,357 6,963 599,775 5,453 ----------------- $ 2,331,205 666,233 1,465,741 387,780 70,158 ----------------- $ 2,589,912 91.64 91.65 91.65 91.65 91.64 91.62 91.66 91.52 91.52 91.67 14.21 ----------------- 90.49 124.02 92.89 106.24 91.66 101.30 1,221,253 81,928 103,510 91,322 11,660 17,138 139,854 16,258 7,524 514,426 78,598 $ 2,283,471 760,343 1,310,525 60,818 69,773 ----------------- $ 2,201,459