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Home My WebLink About2022.05.31 YTD Revenue & Expenditure ReportsTOWN OF OCEAN CITY FISCAL YEAR-TO-DATE REVENUE SUMMARY 'A. AS OF MAY 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 44,767,279 100.09 44,441,000 Sales and Use Taxes Admissions Tax 1,435,000 1,663,918 1,889,380 113.55 1,028,390 Room Taxes 17,200,000 20,362,903 16,078,291 78.96 11,506,816 Other 2,625,671 2,775,671 1.924,227 69.32 1,995,210 Licenses and Permits 4,240,850 4,299.237 3,823,199 88.93 3,837,371 Intergovernmental Revenue Federal Government 170,056 296,190 166,631 56.26 592,796 State of Maryland 329,458 878,743 806,846 91.82 1,003,344 Worcester County 5,117,935 5,483,781 5,506,241 100.41 5,298,042 Service Charges Parking Lots/Meters 5,054,175 5,547,996 4,826,484 87.00 3,501,936 Events and Programs 4,352,473 4,193,875 5,035,449 120.07 3,934,942 Other Service Charges 1,586,000 1,840,217 2,039,037 110.80 1,397,046 Fines and Forfeitures 961,000 1,694,169 1,843,718 108.83 1,767,690 Other Revenue 711,810 889,311 808,911 90.96 851,095 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 5,779,849 - Total General Fund Revenues ----------------- $ 91,922,510 ----------------- $ 100,480,891 ----------------- $ 89,561,200 ----------------- ----------------- 89.13 $ 83,959,256 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, 2022 FY 2022 FY 2022 FY 2022 PRIOR YEAR ADOPTED REVISED EXPENDITURES ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE 1,187,394 1,212,979 1,078,171 88.89 1,030,695 1,833,973 1,849,031 1,414,150 76.48 1,629,904 1,710,613 1,761,952 1,558,167 88.43 1,480,756 24,198,153 25,443,696 21,965,411 86.33 20,656,619 2,047,851 1,919,823 1,626,025 84.70 1,691,854 493,972 474,395 389,090 82.02 397,522 2,085,984 2,488,144 1,785,702 71.77 2,034,450 8.883,523 9,398,114 8,289,112 88.20 7,583,033 611,045 669,856 575,094 85.85 569,614 1,224,065 1,241,817 877,108 70.63 1,000,996 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 2,196,819 3,978,905 6,285,036 7,002,179 4,958,130 2,621,424 2,261,395 10,935,904 5,211,421 8,569,871 ----------------- $ 100,480,891 1,754,302 3,521,683 5,110,220 5,939,798 4,114,620 1,835,106 1,912,232 5,289,707 4,726,352 8,450,076 $ 82,212,126 79.86 88.51 81.31 84.83 82.99 70.00 84.56 48.37 90.69 98.60 ---------------- 81.82 1,687,320 3,361,066 4,592,269 5,917,330 3,746,664 1,907,859 1,075,658 6,416,714 7,429,056 4,930,605 ----------------- $ 79,139,984 TOWN OF OCEAN CITY -- STATEMENT OF REVENUES AND EXPENDITURES r AS OF MAY 31, 2022 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 4,795,898 3,861,967 80.53 3,107,881 Fixture Charges 2,518,080 2,518,080 2,436,092 96.74 2,032,795 Vacant Lot Charges 20,002 20,002 17,829 89.14 17,229 Connection Fees 116,000 168,000 198,122 117.93 53,184 Sales - Materials and Service 33,000 33,000 87,687 265.72 29,978 Impact Fees 128,520 128,520 111,006 86.37 Interest Earned 19,000 19,000 18,263 96.12 3,436 Bond Issuance 5,407,352 5,348,080 98.90 Appropriated Fund Balance 635,077 - 227,278 Total Revenues ----------------- $ 7,367,690 ---------------------------------- $ 13,724,929 $ ----------------- 12,079,046 ----------------- 88.01 $ 5,471,781 Expenditures Administration 1,912,767 1,915,088 1,735,359 90.62 2,014,991 Distribution System 1,520,588 1,922,172 1,685,281 87.68 1,158,352 Water Plant 2,353,013 2,615,860 2,230,345 85.26 1,831,738 Meter Reading 258,546 250,516 178,321 71.18 205,923 Meter Installation 143,572 221,139 243,042 109.90 120,957 Capital Projects 1,179,204 6,804,285 2,496,270 36.69 2,668,127 Total Expenditures ----------------- $ 7,367,690 ---------------------------------- $ 13,729,060 $ ----------------- 8,568,618 ----------------- 62.41 $ 8,000,088 TOWN OF OCEAN CITY r4_ STATEMENT OF REVENUES AND EXPENDITURES AS OF MAY 31, 2022 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 47,760 95.52 55,275 Lab Fees 112,000 112,000 91,720 81.89 113,050 Fixture Charges 13,280,847 13,331,037 12,845,010 96.35 12,753,483 Vacant Lot Charges 42,966 42,966 37,667 87.67 37,804 Connection Fees 13,000 13,000 - 6,600 Sales - Materials and Service 3,500 3,500 19,106 545.89 764 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 43,287 50.93 10,336 Other Revenue 224,400 224,400 193,820 86.37 Proceeds from Long -Term Debt 7,314,595 4,540,822 62.08 5,699,545 Appropriated Fund Balance 2,993,402 - Total Revenues ----------------- $ 14,605,713 ---------------------------------- $ 24,913,710 $ 18,563,002 ----------------- ----------------- 74.51 $ 19,423,826 Expenditures Administration 4,638,333 4,678,054 4,210,664 90.01 10,661,172 Treatment Plant 5,110,806 5,237,809 4,019,418 76.74 3,942,623 Collection System 1,192,293 1,732,326 1,491,164 86.08 908,590 Lab 373,984 377,799 321,520 85.10 324,937 Capital Projects 3,290,297 12,887,722 3,350,649 26.00 3,436,293 Tota.l Expenditures ----------------- $ 14,605,713 ---------------------------------- $ 24.,913,710 $ . 13,393,415 ----------------- ----------------- 53.76 $ 19,273,615 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 MAY 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 REVISED BUDGET 5,208,925 1,626,108 4,500 11,000 1,066,500 165,000 16,000 1,000 28,970 583,160 ----------------- $ 8,711,163 1,022,856 6,901,192 787,115 ----------------- $ 8,711,163 FY 2022 ACTUAL TO DATE 1,762,872 1,213,688 9,496 7,119 815,093 108,881 14,268 748 33,871 $ 3,966,036 876,857 4,469,366 580,635 ----------------- $ 5,926,858 ACTUAL AS % OF BUDGET PRIOR YEAR ACTUAL TO DATE 33.84 4,613,880 74.64 634,997 211.02 1,036 64.72 5,217 76.43 19,659 65.99 97,911 89.18 8,428 74.80 588 116.92 34 - 1,271,600 ----------------- ----------------- 45.53 $ 6,653,350 85.73 911,746 64.76 2,402,037 73.77 348,184 - 3,100,686 ----------------- ----------------- 68.04 $ 6,762,653 OmoLn=�a�4'" ` 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, 2022 FY 2022 ADOPTED BUDGET 4,018,500 641,600 375,179 394,586 ----------------- $ 5,429,865 FY 2022 FY 2022 REVISED ACTUAL ACTUAL AS BUDGET TO DATE % OF BUDGET PRIOR YEAR ACTUAL TO DATE 5,269,693 372,043 7.06 2,265,064 741,600 736,725 99.34 570,601 375,179 341,708 91.08 335,186 676,538 361,702 53.46 109,739 84,344 - $ 7,147,354 $ 1,812,178 25.35 $ 3,280,590 5,429,865 1,569,388 1,990,938 126.86 1,151,591 5,577,966 525,668 9.42 2,334,714 --------------------------------------------------- $ 5,429,865 $ 7,147,354 $ ----------------- 2,516,606 ----------------- 35.21 $ 3,486,305 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 PRIOR YEAR ACTUAL TO DATE 1,386,591 TOWN OF OCEAN CITY = STATEMENT OF REVENUES AND EXPENDITURES " - AS OF MAY 31, 2022 395,853 407,343 102.90 381,722 142,409 FY 2022 FY 2022 FY 2022 177,035 ADOPTED REVISED ACTUAL ACTUAL AS 166,468 BUDGET BUDGET TO DATE X OF BUDGET 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 PRIOR YEAR ACTUAL TO DATE 1,386,591 1,494,321 1,542,916 103.25 1,342,427 395,853 395,853 407,343 102.90 381,722 142,409 164,573 177,035 107.57 166,468 282,323 300,535 296,633 98.70 258,801 36,333 36,333 52,805 145.34 36,077 750 750 764 101.87 471 50,000 50,000 53,729 107.46 36,066 6,234 20,339 - ---------------------------------- $ 2,300,493 $ ----------------- 2,462,704 $ ----------------- 2,531,225 ----------------- 102.78 $ 2,222,032 1,118,459 1,187,441 970,806 81.76 926,966 1,182,034 1,275,263 1,127,648 88.42 1,000,796 ---------------------------------- $ 2,300,493 $ ----------------- 2,462,704 $ ----------------- 2,098,454 ----------------- 85.21 $ 1,927,762 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, 2022 FY 2022 FY 2022 FY 2022 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET 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 1,466,021 60,461 1,687,613 4,647,140 1,372,828 ----------------- $ 12,421,674 3,770,505 319,530 3,008,574 5,323,065 ----------------- $ 12,421,674 1,072,079 1,555,300 1,126,554 13,813 1,546,974 504,536 ---------------- $ 5,819,256 3,274,349 65,000 263,925 2,539,012 4,447,723 ----------------- $ 10,590,009 73.94 89.51 76.84 22.85 91.67 10.86 46.85 PRIOR YEAR ACTUAL TO DATE 184,772 1,059,040 1,453,897 321,886 297,519 1,449,723 ----------------- $ 4,766,837 86.84 2,572,123 82.60 237,110 84.39 2,118,343 83.56 6,951,175 ---------------- ----------------- 85.25 $ 11,878,751 a. y;�VvnLn_��'�4'•', 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 MAY 31, 2022 FY 2022 ADOPTED BUDGET 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 FY 2022 REVISED BUDGET 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 FY 2022 PRIOR YEAR ACTUAL ACTUAL AS ACTUAL TO DATE % OF BUDGET TO DATE 1,592,767 91.66 1,588,554 108,515 91.66 115,346 123,167 91.66 130,097 61,105 91.65 62,150 12,265 91.66 11,297 25,993 91.65 22,660 40,579 91.61 43,560 94,116 91.66 87,076 33,616 91.64 27,170 ----------------- $ 2,092,123 1,895,619 63,426 ----------------- $ 1,959,045 ----------------- ----------------- 89.95 $ 2,087,910 84.00 91.67 ----------------- 84.23 1,955,438 53,966 ----------------- $ 2,009,404 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 1,538,248 TOWN OF OCEAN CITY ='- STATEMENT OF REVENUES AND EXPENDITURES 779,263 AS OF MAY 31, 2022 k 1,432,734 92.43 FY 2022 FY 2022 FY 2022 1,516,059 ADOPTED REVISED ACTUAL ACTUAL AS 1,394,404 BUDGET BUDGET TO DATE Y 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 1,538,248 1,384,817 1,233,959 89.11 779,263 1.496,071 1,550,000 1,432,734 92.43 1,210,685 1,516,059 1,500,424 1,394,404 92.93 1,197,926 3,172 - 1,937 ---------------------------------- $ 4,550,378 $ ----------------- 4,435,241 $ ----------------- 4,064,269 ----------------- 91.64 $ 3,189,811 690,682 722,185 641,668 88.85 609,888 2,647,801 2,560,240 2,171,000 84.80 1,632,191 1,211,895 1,152,816 970,208 84.16 1,121,374 ---------------------------------- $ 4,550,378 $ ----------------- 4,435,241 $ ----------------- 3,782,876 ----------------- 85.29 $ 3,363,453 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 MAY 31, 2022 FY 2022 FY 2022 ADOPTED REVISED BUDGET 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 ----------------- $ 3,890,935 460,948 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 ----------------- $ 4,595,590 1,171,093 868,663 2,555,834 ----------------- $ 4,595,590 FY 2022 ACTUAL TO DATE 437,132 2,353,626 107,800 89,694 309,386 7,425 86,185 26,158 18,304 7,777 5,896 119,385 ----------------- $ 3,568,768 963,391 822,811 586,725 ----------------- $ 2,372,927 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 94.83 412,880 91.66 2,308,339 91.63 115,555 91.65 104,555 91.66 287,056 91.55 7,689 91.66 83,743 91.64 23,969 91.60 20,416 91.55 7,777 91.58 5,786 - 32,270 - 31,819 156.06 118,644 ---------------- ----------------- 77.66 $ 3,560,498 82.26 94.72 22.96 ----------------- 51.63 864,007 813,474 1,790,203 ----------------- $ 3,467,684 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 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 1,502,669 119,903 158,769 129,336 16,487 23,513 189,457 35,102 8,790 696,756 33,715 49,000 $ 2,963,497 465,602 2,098,582 305,000 94,313 ----------------- $ 2,963,497 1,391,274 110,205 145,856 119,521 15,108 21,604 174,162 32,345 8,170 638,693 (4,945) $ 2,651,993 731,140 1,740,702 265,909 86,449 ----------------- $ 2,824,200 PRIOR YEAR ACTUAL TO DATE 92.59 TOWN OF OCEAN CITY == STATEMENT OF REVENUES AND EXPENDITURES 91.87 AS OF MAY 31, 2022 92.41 91,509 91.64 FY 2022 FY 2022 FY 2022 91.88 ADOPTED REVISED ACTUAL ACTUAL AS 91.93 BUDGET BUDGET TO DATE % OF BUDGET 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 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 1,502,669 119,903 158,769 129,336 16,487 23,513 189,457 35,102 8,790 696,756 33,715 49,000 $ 2,963,497 465,602 2,098,582 305,000 94,313 ----------------- $ 2,963,497 1,391,274 110,205 145,856 119,521 15,108 21,604 174,162 32,345 8,170 638,693 (4,945) $ 2,651,993 731,140 1,740,702 265,909 86,449 ----------------- $ 2,824,200 PRIOR YEAR ACTUAL TO DATE 92.59 1,192,125 91.91 96,096 91.87 122,738 92.41 91,509 91.64 13,728 91.88 19,096 91.93 167,365 92.15 16,357 92.95 6,963 91.67 599,775 (14.67) 5,453 ----------------- ----------------- 89.49 $ 2,331,205 157.03 666,233 82.95 1,465,741 87.18 387,780 91.66 70,158 ----------------- ----------------- 95.30 .$ 2,589,912