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Home My WebLink About2021.12.31 YTD Revenue & Expenditure ReportsTOWN OF OCEAN CITY .= FISCAL YEAR-TO-DATE REVENUE SUMMARY AS OF DECEMBER 31, 2021 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED REVENUE ACTUAL AS ACTUAL BUDGET BUDGET TO,DATE Z OF BUDGET TO DATE GENERAL FUND Property Taxes 44,692,082 44,729,031 44,050,442 98.48 43,664,428 Sales and Use Taxes - Admissions Tax 1,435,000 1,435,000 1,432,281 99.81 755,377 Room Taxes 17,200,000, 18,824,409 14,671,744 77.94 - 10,349,539 Other 2,625,671 2,625,671 887,740 33.81 1,047,348 Licenses and Permits 4,240,850 4,278,137 1,092,259 25.53 1,056,825 Intergovernmental Revenue Federal Government 170,056 284,190 13,139 4.62 383,014 State of Maryland 329,458 409,158 119,050 29.10 637,319 Worcester County 5,117,935 5,301,031 5,503,241 103.81 3,158,462 Service Charges Parking Lots/Meters 5,054,175 5,547,996 4,293,410 77.39 , 2;863,364 Events and Programs 4,352,473 4,166,031 4,431,702 106.38 3,449,851 Other Service Charges 1,586,000 1,716,808 1,639,216 95.48 943,041 Fines and Forfeitures 961,000 1,199,715 1,461,985 121.86 1,405,881 Other Revenue 711,810 788,055 374,846 47.57 322,438 Proceeds from Long -Term Debt - 2,650,042 - Operating Transfers In 46,000 46,000 Appropriated Fund Balance 3,400,000 4,821,701 Total General Fund Revenues ---------------------------------- $ 91,922,510 $ ----------------- 96,172,933 $ 79,971,055 ----------------- ----------------- 83.15 $ 72,686,929 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 DECEMBER 31, 2021 FY 2022 ADOPTED BUDGET FY 2022 REVISED BUDGET FY 2022 EXPENDITURES TO DATE PRIOR YEAR ACTUAL AS ACTUAL OF BUDGET TO DATE 1,187,394 1,200,979 677,447 56.41 663,546 1,833,973 1,766,001 724,472 41.02 1,025,580 1,710,613 1,700,852 909,712 53.49 913,841 24,198,153 24,438,978 13,487,248 55.19 . 12,819,849 2,047,851 1,958,884 943,579 48.17 1,071,567 493,972 475,054 250,626 52.76 263,711 2,085,984 2,208,511 1,233,705 55.86 1,265,534 8,883,523 8,880,066 4,753,398 53.53 4,489,475 611,045 630,136 321,267 50.98 357,662 1,224,065 1,226,248 507,971 41.42 661,262 2,035,646 3,928,924 6,034,210 6,388,998 4,972,508 2,610,768 2,036,225 7,382,367 5,211,421 7,044,870 ----------------- $ 91,922,510 2,235,365 3,940,358 6,188,127 6,513,679 5,098,421 2,611,917 2,050,226 10,367,839 5,211,421 7,469,871 $ 96,172,933 1,150,583 1,954,590 2,979,635 3,293,911 2,321,116 1,541,291 1,013,210 3,526,856 3,364,955 6,453,384 ----------------- $ 51,408,956 51.47 49.60 48.15 50.57 45.53 59.01 49.42 34.02 64.57 86.39 53.45 898,496 1,956,595 2,712,867 3,603,125 2,079,717 1,622,659) 559,889 2,511,292 5,865,163 3,551,706 ----------------- $ 48,893,536 TOWN OF OCEAN CITY - STATEMENT OF REVENUES AND EXPENDITURES AS OF DECEMBER 31, 2021 x FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE WATER FUND Revenues Metered Usage Charges 4,533,088 4,533,088 2,858,940 63.07 2,192,353 Fixture Charges 2,518,080 2,518,080 1,277,249 50.72 961,086 Vacant Lot Charges 20,002 20,002 9,581 47.90 9,259 Connection Fees 116,000 116,000 114,291 98.53 28,908 Sales - Materials and Service 33,000 33,000 47,405 143.65 16,144 Impact Fees 128,520 128,520 69,993 54.46 Interest Earned 19,000 19,000 7,170 37.74 2,366 Bond Issuance 5,407,352 5,348,080 98.90 Appropriated Fund Balance 635,077 - 227,278 Total Revenues ----------------- $ 7,367,690 ---------------------------------- $ 13,410,119 $ 9,732,709 ----------------- 72.58 ----------------- $ 3,437,394 Expenditures Administration 1,912,767 1,909,647 901,056 47.18 889,331 Distribution System 1,520,588 1,951,630 536,550 27.49 647,186 Water Plant 2,353,013 2,351,100 1,119,616 47.62 1,065,992 Meter Reading 258,546 254,016 103,974 40.93 130,952 Meter Installation 143,572 143,572 104,289 72.64 38,817 Capital Projects 1,179,204 6,804,285 615,080 9.04 1,720,694 Total Expenditures ----------------- $ 7,367,690 ---------------------------------- $ 13,414,250 $ 3,380,565 ----------------- 25.20 ----------------- $ 4,492,972 WASTEWATER FUND Revenues 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 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF DECEMBER 31, 2021 FY 2022 ADOPTED BUDGET 50,000 112,000 13,280,847 42,966 13,000 3,500 790,000 4,000 85,000 224,400 ----------------- $ 14,605,713 4,638,333 5,110,806 1,192,293 373,984 3,290,297 ----------------- $ 14,605,713 FY 2022 REVISED BUDGET 50,000 112,000 13,331,037 42,966 13,000 3,500 739,810 4,000 85,000 224,400 7,314,595 2,840,527 ----------------- $ 24,760,835 4,653,050 5,131,438 1,715,826 372,799 12,887,722 $ 24,760,835 FY 2022 8,822,236 PRIOR YEAR ACTUAL ACTUAL AS ACTUAL TO DATE % OF BUDGET TO DATE 23,175 46.35 23,730 46,851 41.83 60,716 6,740,500 50.56 6,710,540 20,205 47.03 19,904 - 600 15,704 448.69 764 739,810 100.00 746,969 4,000 100.00 17,558 20.66 6,562 122,210 54.46 4,540,822 62.08 5,699,545 ----------------- $ 12,270,835 ----------------- 49.56 ----------------- $ 13,269,330 3,166,483 2,248,465 1,057,309 179,087 792,931 ----------------- $ 7,444,275 68.05 8,822,236 43.82 2,218,636 61.62 532,661 48.04 180,170 6.15 1,505,516 ----------------- ----------------- 30.06 .$ 13,259,219 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 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF DECEMBER 31, 2021 FY 2022 ADOPTED BUDGET 3,850,494 1,786,108 11,000 1,351,500 238,000 9,000 10,000 131,510 ----------------- $ 7,387,612 1,096,673 5,397,824 893,115 ---------------- $ 7,387,612 FY 2022 FY 2022 REVISED ACTUAL BUDGET TO DATE ACTUAL AS X OF BUDGET I PRIOR YEAR ACTUAL TO DATE 4,398,698 1,051,371 23.90 1,535,067 1,486,108 939,132 63.19 434,965 863,115 2,102 - 652 11,000 4,235 38.50 1,548 1,066,500 749,628 70.29 4,395,608 183,000 81,777 44.69 73,384 9,000 8,450 93.89 4,831 10,000 300 3.00 285 24,770 30,112 121.57 17 - 693,600 235,941 ----------------- ----------------- $ 7,425,017 $ ----------------- 2,867,107 ----------------- 38.61 $ 2,744,349 1,072,256 492,539 45.93 502,986 5,469,788 2,409,997 44.06 1,431,865 863,115 347,958 40.31 193,478 19,858 - 2,267,279 ---------------------------------- $ 7,425,017 $ ----------------- 3,250,494 ----------------- 43.78 $ 4,395,608 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 DECEMBER 31, 2021 FY 2022 FY 2022 ADOPTED REVISED BUDGET BUDGET 4,018,500 641,600 375,179 394,586 ----------------- $ 5,429,865 5,429,865 ----------------- $ 5,429,865 5,269,693 641,600 375,179 676,538 84,344 ----------------- $ 7,047,354 1,469,388 5,577,966 ----------------- $ 7,047,354 FY 2022 ACTUAL TO DATE ACTUAL AS X OF BUDGET PRIOR YEAR ACTUAL TO DATE 55,542 1.05 151,717 435,140 67.82 328,597 189,779 50.58 185,353 197,292 29.16 (20,746) $ 877,753 12.46 $ 644,921 685,733 46.67 660,470 158,907 2.85 178,775 ----------------- ----------------- $ 844,640 ----------------- 11.99 $ 839,245 TOWN OF OCEAN CITY ` = - STATEMENT OF REVENUES AND EXPENDITURES �- AS OF DECEMBER 31, 2021 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE Y OF BUDGET TO DATE GOLF COURSE FUND Revenues - Greens Fees 1,386,591 1,386,591 1,017,014 73.35 860,627 Cart/Club Rentals 395,853- 395,853 276,130 69.76 250,263 Pro Shop Sales 142,409 142,409 113,639 79.80 110,075 Concessions 282,323 282,323 200,410 70.99 167,358 Other Miscellaneous Revenue 36,333 36,333 28,379 78.11 22,256 Interest Earned 750 750 166 22.13 331 Transfers In - Admissions Tax — 50,000 50,000 24,617 49.23 24,617 Appropriated Fund Balance 6,234 20,339 - Total Revenues ---------------------------------- $ 2,300,493 $ ----------------- 2,314,598 $ 1,660,355 ----------------- ----------------- 71.73 $ 1,435,527 Expenditures Operations - 1,118,459 1,123,719 609,176 54.21 561,833 Maintenance 1 1,182,034 1,190,879 584,545 49.09 596,905 Total Expenditures ---------------------------------- $ 2,300,493 $ ----------------- 2,314,598 $ 1,193,721 ----------------- ----------------- 51.57 $ 1,158,738 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 DECEMBER 31, 2021 FY 2022 FY 2022 ADOPTED REVISED BUDGET BUDGET 1,450,000 1,450,000 1,737,611 1,737,611 1,847,000 1,663,221 60,461 60,461 1,687,613 1,687,613 - 4,647,140 524,378 1,201,253 ----------------- ----------------- $ 7,307,063 $ 12,447,299 3,832,763 41,000 381,455 3,051,845 ----------------- $ 7,307,063 3,801,205 41,000 334,530 2,947,499 5,323,065 ----------------- $ 12,447,299 FY 2022 PRIOR YEAR ACTUAL ACTUAL AS ACTUAL TO DATE % OF BUDGET TO DATE - 184,772 787,545 54.31 854,910 893,800 51.44 815,762 513,434 30.87 133,342 8,364 13.83 287,329 843,804 50.00 790,758 504,536 10.86 ----------------- $ 3,551,483 ----------------- 28.53 ----------------- $ 3,066,873 1,696,034 44.62 1,700,668 192,000 57.39 132,882 1,432,612 48.60 1,288,769 3,089,415 58.04 3,190,260 ----------------- $ 6,410,061 ----------------- 51.50 ----------------- $ 6,312,579 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 Appropriated Fund Balance Total Revenues Expenditures Administration-' Operating Transfers Out Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF DECEMBER 31, 2021 FY 2022 FY 2022 FY 2022 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 1,737,710 118,389 134,375 66,670 13,381 28,362 44,295 102,684 36,681 ----------------- $ 2,282,547 2,213,357 69,189. ----------------- $ 2,282,546 1,737,710 118,389 134,375 66,670 13,381 28,362 44,295 102,684 36,681 43,264 ----------------- $ 2,325,811 2,256,621 69,189 ----------------- $ 2,325,810 868,782 59,190 67,182 33,330 6,690 14,178 22,134 51,336 18,336 ----------------- $ 1,141,158 1,277,414 34,596 ----------------- $ 1,312,010 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 50.00 866,484 50.00 62,916 50.00 70,962 49.99 33,900 50.00 6,162 49.99 12,360 49.97 23,760 49.99 47,496 49.99 14,820 49.06 $ 1,138,860 56.61 1,381,207 50.00 29,436 ----------------- ----------------- 56.41 $ 1,410,643 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF DECEMBER 31, 2021 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE SERVICE CENTER FUND Revenues Service Charges Fuel Sales 1,538,248 1,384,817 693,456 50.08 353,776 Sales of Parts and Supplies 1,496,071 1,496,071 739,263 49.41 684,953 Mechanic Labor Charges 1,516,059 11480,424 673,801 45.51 713,464 Other Revenue 1,982 - 1,001 Total Revenues ---------------------------------- $ 4,550,378 $ ----------------- 4,361,312 $ 2,108,502 ----------------- 48.35 ----------------- $ 1,753,194 Expenditures Administration 690,682 692,099 341,815 49.39 299,240 Warehouse 2,647,801 2,517,354 1,172,912 46.59 874,651 Garage 1,211,895 ----------------- 1,151,859 508,028 44.11 675,194 Total Expenditures ----------------- $ 4,550,378 $ ----------------- 4,361,312 $ 2,022,755 ----------------- 46.38 ----------------- $ 1,849,085 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 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 DECEMBER 31, 2021 FY 2022 ADOPTED BUDGET 465,448 2,567,803 117,641 97,865 337,542 8,110 94,028 28,543 19,983 8,495 6,438 76,500 62,539 ----------------- $ 3,890,935 1,190,872 868,663 1,831,400 ---------------- $ 3,890,935 FY 2022 REVISED BUDGET 465,448 2,567,803 117,641 97,865 337,542 8,110 94,028 28,543 19,983 8,495 6,438 76,500 771,694 ----------------- $ 4,600,090 1,190,872 868,663 2,540,555 ---------------- $ 4,600,090 FY 2022 ACTUAL ACTUAL AS TO DATE % OF BUDGET 247,490 1,283,796 58,800 48,924 168,756 4,050 47,010 14,268 9,984 4,242 3,216 63,826 ----------------- $ 1,954,362 620,397 387,071 150,689 ----------------- $ 1,158,157 53.17 50.00 49.98 49.99 50.00 49.94 50.00 49.99 49.96 49.94 49.95 83.43 PRIOR YEAR ACTUAL TO DATE 221,878 1,259,094 63,030 57,030 156,576 4,194 45,678 13,074 11,136 4,242 3,156 32,270 31,819 66,382 ----------------- ----------------- 42.49 $ 1,969,559 52.10 543,395 44.56 377,782 5.93. 1,115,398 25.18 $ 2,036,575 TOWN OF OCEAN CITY '= STATEMENT OF REVENUES AND EXPENDITURES AS OF DECEMBER 31, 2021 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE q OF BUDGET TO DATE RISK MANAGEMENT FUND Revenues Service Charges General Fund 1,333,242 1,333,242 666,462 49.99 650,250 Water Fund 116,123 116,123 58,050 49.99 52,416 Wastewater Fund 154,494 154,494 77,226 49.99- 66,948 Transportation Fund 117,450 117,450 58,710 49.99 49,914 Airport Fund 16,405 16,405 8,196 49.96 7,488 Golf Course Fund 22,809 22,809 11,400 49.98 10,416 Convention Center Fund 183,309 183,309 91,644 49.99 91,290 Service Center Fund 32,765 32,765 16,368 49.96 8,922 Information Technology Fund 7,429 7,429 3,714 49.99 3,798 Vehicle/Equipment Trust Fund 696,756 - 696,756 348,378 50.00 327,150 Interest Earned 33,715 33,715 (1,594) (4.73) 4,862 Appropriated Fund Balance 49,000 Total Revenues ---------------------------------- $ 2,714,497 $ ----------------- 2,763,497 $ 1,338,554 ----------------- ----------'------- 48.44 $ 1,273,454 Expenditures Administration 460,754 425,602 375,572 88.24 419,744 Insurance Policies 1,714,430 1,878,582 1,481,498 78.86 1,237,372 Claims Expense 365,000 365,000 79,346 21.74 121,653 Operating Transfers Out 94,313 94,313 47,154 50.00 38,268 .Total Expenditures ---------------------------------- $ 2,634,497 $ ----------------- 2,763,497 $ 1,983,570 ----------------- ----------------- 71.78 $ 1,817,037