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Home My WebLink About2022.01.31 YTD Revenue & Expenditure ReportsTOWN OF OCEAN CITY Y=om FISCAL YEAR-TO-DATE REVENUE SUMMARY AS OF JANUARY 31, 2022 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED REVENUE ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE GENERAL FUND Property Taxes 44,692,082 44,729,031 44,330,442 99.11 43,938,050 Sales and Use Taxes Admissions Tax 1,435,000 1,435,000 1,802,069 125.58 962,280 Room Taxes 17,200,000 18,824,409 15,098,034 80.20 10,587,739 Other 2,625,671 2,625,671. 1,126,998 42.92 1,096,529 Licenses and Permits 4,240,850 4,278,137 1,518,629 35.50 1,436,116 Intergovernmental Revenue Federal Government 170,056 284,190 22,572 7.94 441,398 State of Maryland 329,458 409,158 214,630 52.46 737,102 Worcester County 5,117,935 5,301,031 5,510,741 103.96 3,158,462 Service Charges Parking Lots/Meters 5,054,175 5,547,996 4,300,366 77.51 2,884,297 Events and Programs 4,352,473 4,166,031 4,500,317 108.02 3,478,243 Other Service Charges 1,586,000 1,716,808 1,618,867 94.30 1,006,404 Fines and Forfeitures 961,000 1,199,715 1,551,962 129.36 1,487,188 Other Revenue 711,810 788,055 395,176 50.15 354,540 Proceeds from Long -Term Debt - 2,650,042 Operating Transfers In 46,000 46,000 45,507 98.93 153,536 Appropriated Fund Balance 3,400,000 4,821,701 - -------------------------------------------------------------------- ----------------- Total General Fund Revenues $ 91,922,510 $ 96,172,933 $ 82,036,310 85.30 $ 74,371,926 TOWN OF OCEAN CITY .- :_' FISCAL YEAR-TO-DATE EXPENDITURE REPORT AS OF JANUARY 31, 2022 FY 2022 FY 2022 FY 2022 ADOPTED REVISED EXPENDITURES ACTUAL AS BUDGET BUDGET TO DATE X OF BUDGET 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 PRIOR YEAR ACTUAL TO DATE 1,187,394 1,200,979 754,748 62.84 754,831 1,833,973 1,766,001 838,951 47.51 1,132,389 1,710,613 1,700,852 1,031,032 60.62 1,024,933 24,198,153 24,438,978 15,121,501 61.87 14,229,161 2,047,851 1,958,884 1,099,262 56.12 1,207,041 493,972 475,054 285,525 60.10 292,279 2,085,984 2,208,511 1,335,945 60.49 1,361,874 8,883,523 8,880,066 5,456,984 61.45 5,107,300 611,045 630,136 365,258 57.96 397,907 1,224,065 1,226,248 584,316 47.65 727,304 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 1,170,955 2,257,731 3,372,401 3,846,816 2,623,448 1,593,834 1,179,329 3,691,835 4,236,738 6,626,900 ----------------- $ 57,473,509 52.38 57.30 54.50 59.06 51.46 61.02 57.52 35.61 81.30 88.72 59.76 1,038,844 2,311,834 3,065,249 4,080,875 2,401,799 1,656,381 639,838 2,588,113 6,201,777 3,825,196 ----------------- $ 54,044,925 WATER FUND Revenues Metered Usage Charges Fixture Charges Vacant Lot Charges Connection Fees Sales - Materials and Service Impact Fees 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 JANUARY 31, 2022 FY 2022 ADOPTED BUDGET 4,533,088 2,518,080 20,002 116,000 33,000 128,520 19,000 ----------------- $ 7,367,690 1,912,767 1,520,588 2,353,013 258,546 143,572 1,179,204 ----------------- $ 7,367,690 FY 2022 FY 2022 REVISED ACTUAL BUDGET TO DATE 4,533,088 3,091,686 2,518,080 1,478,242 20,002 11,410 116,000 114,291 33,000 48,364 128,520 74,844 19,000 10,930 5,407,352 5,348,080 635,077 ----------------- ----------------- $ 13,410,119 $ 10,177,847 1,909,647 1,951,630 2,351,100 254,016 143,572 6,804,285 ----------------- $ 13,414,250 1,306,913 608,866 1,291,028 115,425 136,844 997,797 ----------------- $ 4,456,873 ACTUAL AS % OF BUDGET 68.20 58.71 57.04 98.53 146.56 58.24 57.53 98.90 ---------------- 75.90 68.44 31.20 54.91 45.44 95.31 14.66 33.22 PRIOR YEAR ACTUAL TO DATE 2,403,751 1,147,476 10,976 28,908 16,967 2,703 227,278 ----------------- $ 3,838,059 1,327,220 737,874 1,199,371 145,889 54,716 1,921,476 ----------------- $ 5,386,546 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF JANUARY 31, 2022 vs R, r - FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE WASTEWATER FUND Revenues Licenses and Permits 50,000 50,000 27,750 55.50 28,185 Lab Fees 112,000 112,000 57,087 50.97 72,873 Fixture Charges 13,280,847 13,331,037 7,800,861 58.52 7,762,513 Vacant Lot Charges 42,966 42,966 24,050 55.97 23,745 Connection Fees 13,000 13,000 - 600 Sales - Materials and Service 3,500 3,500 15,704 448.69 764 Service Outside City 790,000 739,810 739,810 100.00 746,969 Land Rent 4,000 4,000 4,000 100.00 Interest Earned 85,000 85,000 24,970 29.38 7,552 Other Revenue 224,400 224,400 130,680 58.24 Proceeds from Long -Term Debt 7,314,595 4,540,822 62.08 5,699„545 Appropriated Fund Balance 2,840,527 - Total Revenues ----------------- $ 14,605,713 ---------------------------------- $ 24,760,835 $ 13,365,734 ----------------- ----------------- 53.98 $ 14,342,746 Expenditures Administration 4,638,333 4,653,050 3,356,457 72.13 9,002,963 Treatment Plant 5,110,806 5,131,438 2,569,411 50.07 2,561,253 Collection System 1,192,293 1,715,826 1,165,861 67.95 606,528 Lab 373,984 372,799 210,342 56.42 211,551 Capital Projects 3,290,297 12,887,722 1,206,760 9.36 1,779,735 Total Expenditures ----------------- $ 14,605,713 ---------------------------------- $ 24,760,835. $ 8,508,831 ----------------- ----------------- 34.36 $. 14,162,030 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 JANUARY 31, 2022 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 4,398,698 1,486,108 11,000 1,066,500 183,000 9,000 10,000 24,770 235,941 ----------------- $ 7,425,017 1,072,256 5,469,788 863,115 19,858 ----------------- $ 7,425,017 1,065,891 955,340 2,102 4,361 749,628 83,015 9,852 360 32,482 ----------------- $ 2,903,031 577,855 3,015,709 374,482 ----------------- $ 3,968,046 ACTUAL AS 7 OF BUDGET PRIOR YEAR ACTUAL TO DATE 24.23 1,548,405 64.28 449,975 - 752 39.65 1,667 70.29 5,011,518 45.36 73,514 109.47 5,433 3.60 285 131.13 17 - 809,200 ----------------- ----------------- 39.10 $ 2,889,248 53.89 584,944 55.13 1,656,488 43.39 225,422 - 2,544,664 ----------------- ----------------- 53.44 $ 5,011,518 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 PRIOR YEAR ACTUAL TO DATE 4,018,500 TOWN OF OCEAN CITY =`= h-- STATEMENT OF REVENUES AND EXPENDITURES 167,136 AS OF JANUARY 31, 2022 641,600 487,511 75.98 FY 2022 FY 2022 FY 2022 . 375,179 ADOPTED REVISED ACTUAL ACTUAL AS 219,302 BUDGET BUDGET TO DATE X OF BUDGET 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 PRIOR YEAR ACTUAL TO DATE 4,018,500 5,269,693 78,701 1.49 167,136 641,600 641,600 487,511 75.98 374,325 375,179 375,179 219,302 58.45 216,194 394,586 676,538 230,174 34.02 5,351 84,344 - ---------------------------------- $ 5,429,865 $ ----------------- 7,047,354 $ ----------------- 1,015,688 ----------------- 14.41 $ 763,006 5,429,865 1,469,388 1,610,667 109.61 740,323 5,577,966 167,573 3.00 1,045,821 ---------------------------------- $ 5,429,865 $ ----------------- 7,047,354 $ ----------------- 1,778,240 ----------------- 25.23 $ 1,786,144 GOLF COURSE FUND Revenues Greens Fees Cart/Club Rentals Pro Shop Sales Concessions Other Miscellaneous Revenue Interest Earned 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 JANUARY 31, 2022 FY 2022 FY 2022 FY 2022 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 1,386,591 1,386,591 395,853 395,853 142,409 142,409 282,323 282,323 36,333 36,333 750 750 50,000 50,000 6,234 20,339 ----------------- ----------------- $ 2,300,493 $ 2,314,598 1,017,825 276,406 114,189 200,589 33,472 205 24,617 ----------------- $ 1,667,303 PRIOR YEAR ACTUAL AS ACTUAL X OF BUDGET TO DATE 73.40 867,836 69.83 253,707 80.18 111,786 71.05 170,081 92.13 26,919 27.33 374 49.23 24,617 ---------------- ----------------- 72.03 $ 1,455,320 1,118,459 1,123,719 671,058 59.72 621,193 1,182,034 1,190,879 718,716 60.35 675,249 ---------------------------------- $ 2,300,493 $ ----------------- 2,314,598 $ ----------------- 1,389,774 ----------------- 60.04 $ 1,296,442 .1 '��uNUL•D'�4�4 / 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 JANUARY 31, 2022 FY 2022 FY 2022 FY 2022 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 1,450,000 1,737,611 1,847,000 60,461 1,687,613 524,378 ----------------- $ 7,307,063 3,832,763 41,000 381,455 3,051,845 ----------------- $ 7,307,063 1,450,000 1,737,611 1,663,221 60,461 1,687,613 4,647,140 1,201,253 $ 12,447,299 3,801,205 41,000 334,530 2,947,499 5,323,065 ----------------- $ 12,447,299 857,617 1,026,100 630,004 10,412 984,438 504,536 ----------------- $ 4,013,107. 2,557,120 208,078 1,639,921 3,561,407 ----------------- $ 7,966,526 ACTUAL AS % OF BUDGET 59.15 59.05 37.88 17.22 58.33 10.86 PRIOR YEAR ACTUAL TO DATE 184,772 898,393 943,389 166,472 289,656 922,551 ----------------- ----------------- 32.24 $ 3,405,233 67.27 62.20 55.64 66.91 ----------------- 64.00 2,067,074 153,117 1,452,569 3,222,785 ----------------- $ 6,895,545 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF JANUARY 31, 2022 Expenditures Administration 2,213,357 Operating Transfers Out 69,189 ----------------- Total Expenditures $ 2,282,546 FY 2022 FY 2022 ADOPTED REVISED BUDGET INFORMATION TECHNOLOGY FUND ACTUAL Revenues TO DATE Service Charges TO DATE General Fund 1,737,710 Water Fund 118,389 Wastewater Fund 134,375 Transportation Fund 66,670 Airport Fund 13,381 Golf Course Fund 28,362 Convention Center Fund 44,295 Service Center Fund 102,684 Risk Management Fund 36,681 Appropriated Fund Balance 39,550 Total Revenues ----------------- $ 2,282,547 Expenditures Administration 2,213,357 Operating Transfers Out 69,189 ----------------- Total Expenditures $ 2,282,546 FY 2022 FY 2022 PRIOR YEAR REVISED ACTUAL ACTUAL AS ACTUAL BUDGET TO DATE q OF BUDGET TO DATE 1,737,710 1,013,579 58.33 1,010,898 118,389 69,055 58.33 73,402 134,375 78,379 58.33 82,789 66,670 38,885 58.32 39,550 13,381 7,805 58.33 7,189 28,362 16,541 58.32 14,420 44,295 25,823 58.30 27,720 102,684 59,892 58.33 55,412 36,681 21,392 58.32 17,290 43,264 - ----------------- $ 2,325,811 ----------------- $ 1,331,351 ----------------- 57.24 ----------------- $ 1,328,670 2,256,621 1,426,081 63.20 1,497,809 69,189 40,362 58.34 34,342 ----------------- $ 2,325,810 ----------------- $ 1,466,443 ----------------- 63.05 ----------------- $ 1,532,151 Expenditures Administration 690,682 TOWN OF OCEAN CITY - 57.46 == f STATEMENT OF REVENUES AND EXPENDITURES AS OF JANUARY 31, 2022 2,647,801 2,517,354 1,336,676 53.10 1,004,293 Garage 1,211,895 1,151,859 FY 2022 FY 2022 FY 2022 786,730 PRIOR YEAR ---------------------------------- $ 4,550,378 $ ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL 2,155,631 BUDGET BUDGET TO DATE % OF BUDGET TO DATE SERVICE CENTER FUND Revenues Service Charges Fuel Sales 1,538,248 1,384,817 756,727 54.64 412,193 Sales of Parts and Supplies 1,496.071 1,496,071 839,100 56.09 753,514 Mechanic Labor Charges 1,516,059 1,480,424 799,620 54.01 804,631 Other Revenue 2,223 - 1,107 Total Revenues ----------------- $ 4,550,378 --------------------------------------------------- $ 4,361,312 $ 2,397,670 ----------------- 54.98 $ 1,971,445 Expenditures Administration 690,682 692,099 . 397,702 57.46 364,608 Warehouse 2,647,801 2,517,354 1,336,676 53.10 1,004,293 Garage 1,211,895 1,151,859 609,245 52.89 786,730 Total Expenditures ---------------------------------- $ 4,550,378 $ ----------------- 4,361,312 $ ----------------- 2,343,623 ----------------- 53.74 $ 2,155,631 J 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 JANUARY 31, 2022 FY 2022 FY 2022 FY 2022 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE X OF BUDGET 465,448 465,448 264,360 56.80 2,567,803 2,567,803 1,497,762 58.33 117,641 117,641 68,600 58.31 97,865 97,865 57,078 58.32 337,542 337,542 196,882 58.33 8,110 8,110 4,725 58.26 94,028 94,028 54,845 58.33 28,543 28,543 16,646 58.32 19,983 19,983 11,648 58.29 8,495 8,495 4,949 58.26 6,438 6,438 3,752 58.28 76,500 62,539 ----------------- $ 3,890,935 1,190,872 868,663 1,831,400 ----------------- $ 3,890,935 76,500 771,694 ----------------- $ 4,600,090 1,190,872 868,663 2,540,555 ----------------- $ 4,600,090 84.092 ----------------- $ 2,265,339 693,011 822,811 150,689 ----------------- $ 1,666,511 109.92 ----------------- 49.25 58.19 94.72 5.93 ----------------- 36.23 PRIOR YEAR ACTUAL TO DATE 253,508 1,468,943 73,535 66,535 182,672 4,893 53,291 15,253 12,992 4,949 3,682 32,270 31,819 81,691 ----------------- $ 2,286,033 600,909 813,475 1,146,265 ----------------- $ 2,560,649 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 , Appropriated Fund Balance Total Revenues Expenditures Administration Insurance Policies Claims Expense Operating Transfers Out Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF JANUARY 31, 2022 FY 2022 FY 2022 FY 2022 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 1,333,242 116,123 154,494 117,450 16,405 22,809 183,309 32,765 7,429 696,756 33,715 ----------------- $ 2,714,497 460,754 1,714,430 365,000 94,313 ----------------- $ 2,634,497 1,333,242 116,123 154,494 117,450 16,405 22,809 183,309 32,765 7,429 696,756 33,715 49,000 $ 2,763,497 425,602 1,878,582 365,000 94,313 ----------------- $ 2,763,497 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 777,539 58.32 758,625 67,725 58.32 61,152 90,097 58.32 78,106 68,495 58.32 58,233 9,562 58.29 8,736 13,300 58.31 12,152 106,918 58.33 106,505 19,096 58.28 10,409 4,333 58.33 4,431 406,441 58.33 381,675 (469) (1.39) 5,121 ----------------- ----------------- $ 1,563,037 ----------------- 56.56 $ 1,485,145 438,784 1,506,972 93,699 55,013 ----------------- $. 2,094,468 103.10 80.22 25.67 58.33 75.79 505,592 1,285,655 123,640 44,646 ----------------- $ .1,959,533