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Home My WebLink About2022.03.31 YTD Revenue & Expenditure Reports cf` >r TOWN OF OCEAN CITY s, FISCAL YEAR-TO-DATE REVENUE SUMMARY z 1 n� --. AS OF MARCH 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 44,638,359 99.80 44,332,802 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 15,493,673 82.31 10,898,671 Other 2,625,671 2,625,671 1,634,621 62.26 1,816,016 Licenses and Permits 4,240,850 4,278,137 2,528,350 59.10 2,561,231 Intergovernmental Revenue Federal Government 170,056 284,190 99,473 35.00 473,852 State of Maryland 329,458 409,158 680,942 166.43 895,412 Worcester County 5,117,935 5,450,781 5,506,241 101.02 5,283,042 Service Charges Parking Lots/Meters 5,054,175 5,547,996 4,311,013 77.70 2,889,442 Events and Programs 4,352,473 4,182,124 4,835,379 115.62 3,719,106 Other Service Charges 1,586,000 1,716,808 1,813,098 105.61 1,251,346 Fines and Forfeitures 961,000 1,588,802 - 1,669,490 105.08 1,558,481 Other Revenue 711,810 788,055 622,163 78.95 600,281 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 5,771,701 - - Total General Fund Revenues $ 91,922,510 $ 97,677,863 $ 85,680,378 87.72 $ 80,045,540 SNL- TOWN OF OCEAN CITY ;�. FISCAL YEAR-TO-DATE EXPENDITURE REPORT z.r:,,,,,,,-,.- j ,- 4" , AS OF MARCH 31, 2022 x'GUVOL•P•W.,. FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED EXPENDITURES ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE GENERAL FUND Legislative 1,187.394 1,206,979 898,961 74.48 884,667 Administration 1,833.973 1,760,001 1,083,817 61.58 1,303,581 Planning and Community Development 1,710,613 1.700,852 1,265,973 74.43 1,224,640 Police 24,198,153 24,828,065 17,838,976 71.85 17,071,566 Communications 2,047,851 1,958,884 1,333,389 68.07 1,425,172 Communications-Electronics 493,972 475,054 335,638 70.65 343,444 Fire 2,085,984 2,208,851 1,584,627 71.74 1,795,082 Emergency Medical Services 8,883,523 9,029,816 6,790,775 75.20 6.227.573 Emergency Management 611,045 630,136 459,196 72.87 475,722 Fire Marshal 1,224,065 1,225,908 716,689 58.46 844,096 Public Works Administration 2,035,646 2,235,365 1.368.547 61.22 1,266,560 Construction 3,928,924 3.940,358 2,855,438 72.47 2,818,291 Maintenance 6,034,210 6,188,127 4,128,503 66.72 3,692,719 Solid Waste 6,388,998 6,513,679 4,729,771 72.61 4,832,122 Recreation and Parks 4,972,508 5,098,421 3,445,323 67.58 2,949,217 Beach Patrol 2,610,768 2,611.917 1,694,508 64.88 1,750,463 Town-Sponsored Festivals 2,036,225 2,066.319 1,361,384 65.88 732.684 Tourism and Public Relations 7,382,367 10,367,839 4,167,052 40.19 2,892,416 Debt Service 5,211,421 5,211,421 4,441,006 85.22 7,316,389 Operating Transfers Out 7,044,870 8,419,871 6,973,932 82.83 4,372,176 Total General Fund Expenditures $ 91,922,510 $ 97,677,863 $ 67,473,505 69.08 $ 64,218,580 TOWN OF OCEAN CITY .- STATEMENT OF REVENUES AND EXPENDITURES .: 0-- Y t:, AS OF MARCH 31, 2022 `- SGUNpLD-\* FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE t OF BUDGET TO DATE WATER FUND Revenues Metered Usage Charges 4,533,088 4,533,088 3,388,912 74.76 2,651,077 Fixture Charges 2,518,080 2,518,080 1,915,170 76.06 1,555,354 Vacant Lot Charges 20,002 20,002 14,414 72.06 13,943 Connection Fees 116,000 116,000 142,311 122.68 40,357 Sales - Materials and Service 33,000 33,000 57,270 173.55 22,994 Impact Fees 128,520 128,520 97,146 75.59 - Interest Earned 19,000 19,000 13,381 70.43 3,127 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 $ 10,976,684 81.85 $ 4,514,130 Expenditures Administration 1,912,767 1,909,647 1,476,666 77.33 1,762,198 Distribution System 1,520,588 1,951,630 1,464,406 75.04 934,063 Water Plant 2,353,013 2,351,100 1,620,427 68.92 1,518,158 Meter Reading 258,546 254,016 141,510 55.71 174,136 Meter Installation 143,572 143,572 172,123 119.89 80,825 Capital Projects 1,179,204 6,804,285 1,577,232 23.18 2,233,842 Total Expenditures $ 7,367,690 $ 13,414,250 $ 6,452,364 48.10 $ 6,703,222 TOWN OF OCEAN CITY 4.!.-.'-'_N-'0._p_ . :, .e-,. STATEMENT OF REVENUES AND EXPENDITURES fz} � =_ AS OF MARCH 31 2022 Nt of ``NVVUL•D 0 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 39,180 78.36 45,165 Lab Fees 112,000 112,000 72,427 64.67 83,459 Fixture Charges 13,280,847 13,331,037 10,098,882 75.75 10,059,334 Vacant Lot Charges 42,966 42,966 34,755 80.89 30,436 Connection Fees 13,000 13,000 - - 3,600 Sales - Materials and Service 3,500 3,500 18,638 532.51 764 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 30,272 35.61 9,138 Other Revenue 224,400 224,400 169,620 75.59 - 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 $ 15,748,406 63.60 $ 16,678,410 Expenditures Administration 4,638,333 4,653,050 3,594,980 77.26 10,112,089 Treatment Plant 5,110,806 5,131,438 3,240,383 63.15 3,143,811 Collection System 1,192,293 1,715,826 1,317,704 76.80 752,678 Lab 373,984 372,799 256,981 68.93 263,371 Capital Projects 3,290,297 12,887,722 2,138,439 16.59 2,426,025 Total Expenditures $ 14,605,713 $ 24,760,835 $ 10,548,487 42.60 .$ 16,697,974 0-„ - TOWN OF OCEAN CITY /4 STATEMENT OF REVENUES AND EXPENDITURES 04;2140AS OF MARCH 31, 2022 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS - ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE TRANSPORTATION FUND Revenues Federal and State Grants 3,850,494 5,208,925 1,065,891 20.46 4,078,114 Bus Passenger Revenue 1,786,108 1,626,108 1,005,779 61.85 488,696 Bus Pass Revenue - 4,500 3,644 80.98 852 Senior Citizen Bus Passes 11,000 11,000 5,005 45.50 2,158 Boardwalk Train Revenue 1,351,500 1,066,500 749,628 70.29 - Bus and Train Advertising 238,000 165,000 84,521 51.22 73,904 Service Charges 9,000 16,000 11,986 74.91 6,420 Interest Earned 10,000 1,000 474 47.40 437 Other Revenue - 28,970 32,585 112.48 17 General Fund Contribution - - - - 1,040,400 Appropriated Fund Balance 131,510 583,160 - - - Total Revenues $ 7,387,612 $ 8,711,163 $ 2,959,513 33.97 $ 5,690,998 Expenditures Administration 1,096,673 1,022,856 705,149 68.94 739,472 Buses 5,397,824 6,901,192 3,715,536 53.84 1,932,382 Boardwalk Trains 893,115 787,115 442,714 56.25 277,994 Capital Projects - - - - 3,040,149 Total Expenditures $ 7,387,612 $ 8,711,163 $ 4,863,399 55.83 $ 5,989,997 �`��, TOWN OF OCEAN CITY 4:0::6,-:;_! -1-.-6--_11.4":„.',!. ye ;T., STATEMENT OF REVENUES AND EXPENDITURES z'� ;` _, , AS OF MARCH 31, 2022 ' jr a! FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE AIRPORT FUND Revenues Federal and State Grants 4,018,500 5,269,693 175,368 3.33 1,248,105 Service Charges 641,600 641,600 580,572 90.49 420,603 Other Revenue 375,179 375,179 279,254 74.43 274,190 General Fund Contribution 394,586 676,538 295,938 43.74 57,545 Appropriated Fund Balance - 84,344 - - - Total Revenues $ 5,429,865 $ 7,047,354 $ 1,331,132 18.89 $ 2,000,443 Expenditures Operations 5,429,865 1,469,388 1,783,458 121.37 881,571 Capital Projects - 5,577,966 391,263 7.01 2,123,354 Total Expenditures $ 5,429,865 $ 7,047,354 $ 2,174,721 30.86 $ 3,004,925 N� TOWN OF OCEAN CITY ,,..0.r.- .,7),., /5, y. STATEMENT OF REVENUES AND EXPENDITURES AS OF MARCH 31, 2022 (112:4A:.:7 z` 7 a � GV7JOL•D,- ;, FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE GOLF COURSE FUND Revenues Greens Fees 1,386,591 1,386,591 1,070,344 77.19 916,775 Cart/Club Rentals 395,853 395,853 299,944 75.77 277,652 Pro Shop Sales 142,409 157,409 126,833 80.58 123,604 Concessions 282,323 282,323 213,733 75.71 186,221 Other Miscellaneous Revenue 36,333 36,333 40,555 111.62 31,679 Interest Earned 750 750 300 40.00 425 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 $ 2,329,598 $ 1,776,326 76.25 $ 1,560,973 Expenditures Operations 1,118,459 1,138,719 751,484 65.99 717,216 Maintenance 1,182,034 1,190,879 923.272 77.53 808,900 Total Expenditures $ 2,300,493 $ 2,329,598 $ 1,674,756 71.89 $ 1,526,116 N e, Pk TfTOWN OF OCEAN CITY 4 ; .. STATEMENT OF REVENUES AND EXPENDITURES AS OF MARCH 31 2022 \BDLU 1 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE CONVENTION CENTER FUND Revenues Federal Grants - - - - 184,772 Food and Beverage Taxes 1,450,000 1,450,000 957,784 66.05 952,710 State and County Grants 1,737,611 1,737,611 1,290,700 74.28 1,198,643 Service Charges 1,847,000 1,663,221 949,917 57.11 240,680 Other Revenue 60,461 60,461 13,409 22.18 293,763 General Fund Contribution 1,687,613 1,687,613 1,265,706 75.00 1,186,137 Bond Proceeds - 4,647,140 504,536 10.86 - Appropriated Fund Balance 524,378 1,201,253 - - - Total Revenues $ 7,307,063 $ 12,447,299 $ 4,982:052 40.03 $ 4,056,705 Expenditures Administration 3,832,763 3,801,205 2,890,246 76.03 2,317,152 Performing Arts Center 41,000 41,000 - - - Sales 381,455 334,530 228,277 68.24 190,436 Maintenance 3,051,845 2,947,499 2,017,592 68.45 1,743,069 Capital Projects - 5,323,065 3,981,735 74.80 4,876,868 Total Expenditures $ 7,307,063 $ 12,447,299 $ 9,117,850 73.25 $ 9,127,525 ANcf TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES 1:11W=_.m!, /1 AS OF MARCH 31 2022 � JNor -'. FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE X OF BUDGET TO DATE INFORMATION TECHNOLOGY FUND Revenues Service Charges General Fund 1,737,710 1,737,710 1,303,173 74.99 1,299,726 Water Fund 118,389 118,389 88,785 74.99 94,374 Wastewater Fund 134,375 134,375 100,773 74.99 106,443 Transportation Fund 66,670 66,670 49,995 74.99 50,850 Airport Fund 13,381 13,381 10,035 74.99 9,243 Golf Course Fund 28,362 28,362 21,267 74.98 18,540 Convention Center Fund 44,295 44,295 33,201 74.95 35,640 Service Center Fund 102,684 102,684 77,004 74.99 71,244 Risk Management Fund 36,681 36,681 27,504 74.98 22,230 Appropriated Fund Balance - 43,264 - - - Total Revenues $ 2,282,547 $ 2,325,811 $ 1,711,737 73.60 $ 1,708,290 Expenditures Administration 2,213,357 2,256,621 1,664,276 73.75 1,725.672 Operating Transfers Out 69,189 69,189 51,894 75.00 44,154 Total Expenditures $ 2,282,546 $ 2,325,810 $ 1,716,170 73.79 $ 1,769,826 sN�% TOWN OF OCEAN CITY 4. t. STATEMENT OF REVENUES AND EXPENDITURES Ater; �a- � , AS OF MARCH 31, 2022 *G * tiYd� c��gib/ •bvNDLD,5. FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE Y. OF BUDGET TO DATE SERVICE CENTER FUND Revenues Service Charges Fuel Sales 1,538,248 1,384,817 933,415 67.40 507,606 Sales of Parts and Supplies 1,496,071 1,496,071 1,142,349 76.36 988,171 Mechanic Labor Charges 1,516,059 1,480,424 1,048,182 70.80 1,013,454 Other Revenue - - 2,644 - 1,492 Total Revenues $ 4,550,378 $ 4,361,312 $ 3,126,590 71.69 $ 2,510,723 Expenditures Administration 690,682 689,599 513,117 74.41 478,451 Warehouse 2,647,801 2,517,354 1,715,037 68.13 1,312,665 Garage 1,211,895 1,154,359 762,555 66.06 941,472 Total Expenditures $ 4,550,378 $ 4,361,312 $ 2,990,709 68.57 $ 2,732,588 W,,,,,-607r TOWN OF OCEAN CITY =� '-1- STATEMENT OF REVENUES AND EXPENDITURES \z %; AS OF MARCH 31, 2022 `Vie; , .Jy6VNUL---, T FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE VEHICLE/EQUIPMENT TRUST FUND Revenues Service Charges Sales - Materials and Service 465,448 465,448 373,849 80.32 359,807 General Fund 2,567,803 2,567,803 1,925,694 74.99 1,888,641 Water Fund 117,641 117,641 88,200 74.97 94,545 Wastewater Fund 97,865 97,865 73,386 74.99 85,545 Transportation Fund 337,542 337,542 253,134 74.99 234,864 Airport Fund 8,110 8,110 6,075 74.91 6,291 Golf Course Fund 94,028 94,028 70,515 74.99 68,517 Convention Center Fund 28,543 28,543 21,402 74.98 19,611 Service Center Fund 19,983 19,983 14,976 74.94 16,704 Information Technology Fund 8,495 8,495 6,363 74.90 6,363 Risk Management Fund 6,438 6.438 4,824 74.93 4,734 Equipment Lease - - - - 32,270 Insurance Claims - - - - 31,819 Capital Asset Sales 76,500 76,500 103,160 134.85 112,569 Appropriated Fund Balance 62,539 771,694 - - - Total Revenues $ 3,890,935 $ 4,600,090 $ 2,941,578 63.95 $ 2,962,280 Expenditures Operating Expenses 1,190,872 1,190,872 827,812 69.51 728,934 Debt Service 868,663 868,663 822,811 94.72 813,475 Capital Outlay 1,831,400 2,540,555 189,451 7.46 1,558,021 Total Expenditures $ 3,890,935 $ 4,600,090 $ 1,840,074 40.00 $ 3,100,430 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 MARCH 31, 2022 FY 2022 ADOPTED BUDGET 1,333,242 116,123 154,494 117,450 16,405 22,809 183,309 32,765 7,429 696,756 33,715 FY 2022 REVISED BUDGET FY 2022 ACTUAL ACTUAL AS TO DATE % OF BUDGET PRIOR YEAR ACTUAL TO DATE 1,333,242 999,693 74.98 975,375 116,123 87,075 74.99 78,624 154,494 115,839 74.98 100,422 117,450 88,065 74.98 74,871 16,405 12,294 74.94 11,232 22,809 17,100 74.97 15,624 183,309 137,466 74.99 136,935 32,765 24,552 74.93 13,383 7,429 5,571 74.99 5,697 696,756 522,567 75.00 490,725 33,715 (417) (1.24) 4,325 49,000 - ----------------- ---------------- $ 2,714,497 $ 2,763,497 460,754 1,714,430 365,000 94,313 ----------------- $ . 2,634,497 425,602 1,878,582 365,000 94,313 ----------------- $ 2,763,497 ----------------- $ 2,009,805 571,421 1,607,281 244,942 70,731 ----------------- $ 2,494,375 ----------------- ----------------- 72.73 $ 1,907,213 134.26 85.56 67.11 75.00 90.26 568,039 1,367,611 165,664 57,402 ----------------- $, 2,158,716