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Home My WebLink About2022.10.31 YTD Revenue & Expenditure ReportsGENERAL FUND Property Taxes Sales and Use Taxes Admissions Tax Room Taxes Other Licenses and Permits Intergovernmental Revenue Federal Government State of Maryland Worcester County Service Charges Parking Lots/Meters Events and Programs Other Service Charges Fines and Forfeitures Other Revenue Proceeds from Long -Term Debt Operating Transfers In Appropriated Fund Balance Total General Fund Revenues TOWN OF OCEAN CITY FISCAL YEAR-TO-DATE REVENUE SUMMARY - AS OF OCTOBER 31, 2022 FY 2023 ADOPTED BUDGET FY 2023 REVISED BUDGET FY 2023 REVENUE TO DATE 45,117,024 45,117,025 44,108,353 1,700,000 1,817,276 1,441,457 22,500,000 22,716,478 14,243,256 2,840,407 2,840,407 136,943 4,579,925 4,774,147 760,532 3,570,056 233,857 72,185 329,458 1,108,588 (44,108) 5,471,656 5,620,057 5,720,168 5,725,275 5,725,275 3,929,322 4,410,058 4,432,480 2,309,392 1,805,000 1,905,000 1,286,014 1,139,500 1,139,500 726,301 695,650 699,150 367,769 11,366,104 46,000 46,000 1,500,000 11,027,671 ----------------- ----------------- $ 101,430,009 $ ----------------- 109,202,911 $ 86,423,688 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 97.76 43,505,816 79.32 62.70 10,943,193 4.82 352,131 15.93 774,166 30.87 2,377 (3.98) 81,615 101.78 5,488,241 68.63 4,232,490 52.10 1,778,443 67.51 1,233,012 63.74 1,309,780 52.60 286,527 79.14 $ 69,987,791 :tip [��/qj =�• '��UNUL•A'�� 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 OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 ADOPTED REVISED EXPENDITURES BUDGET BUDGET TO DATE PRIOR YEAR ACTUAL AS ACTUAL OF BUDGET TO DATE 1,155,014 1,234,014 471,059 38.17 538,833 2,366,759 2,368,729 701,435 29.61 569,832 2,003,889 2,003,889 880,087 43.92 698,525 25,604,295 25,959,547 10,905,140 42.01 10,544,924 2,090,219 •2,090,604 749,771• 35.86 727,423 466,847 488,534 183,820 37.63 197,015 2,025,290 2,448,865 754,340 30.80 1,004,527 9,201,745 9,742,939 3,932,619 40.36 3,553,005 743,288 747,285 253,164 33.88 216,025 1,161,639 1,391,406 648,320 '46.59 379,021 2,052,534 3,943,155 6,502,815 7,411,087 5,033,748 2,932,953 2,186,965 10,408,233 6,165,969 7,973,565 ----------------- $ 101,430,'009 2,181,623 4,049,920 6,515,737 7,416,127 5,412,849 2,935,453 2,230,340 15,720,515 6,165,969 8,098,566 ----------------- $ 109,202,911 57,814 1,527,841 2,615,862 3,177,709 1,796,251 1,555,689 793,756 6,833,566 14,032,788 4,634,041 ----------------- $ 56,505,072 2.65 394,312 37.73 1,478,636 40.15 2,333,658 42.85 2,386,229 33.18 1,703,868 53.00 1,464,793 35.59 665,986 43.47 3,208,387 227.58 2,539,937 57.22 5,706,352 ----------------- ----------------- 51.74 .$ 40,311,288 WATER FUND Revenues Metered Usage Charges Fixture Charges Vacant Lot Charges Connection Fees Sales - Materials and Service Impact Fees Interest Earned Bond Issuance Appropri.ated 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 OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 4,892,500 2,681,280 21,403 116,000, 33,000 134,568 17,000 137,633 ----------------- $ 8,033,384 2,278,591 1,994,309 2,527,965 258,709 142,810 831,000 ----------------- $ 8,033,384 4,892,500 2,681,280 21,403 116, 000 33,000 134,568 17,000 3,221,934 590,915 $ 11,708,600 2,278,591 -2,126,667 2,570,992 258,709 142,810 4,330,831 ----------------- $ 11,708,600 ACTUAL AS % OF BUDGET PRIOR YEAR ACTUAL TO DATE 1,736,414 35.49 2,080,600' 903,217 33.69 839,683 7,085 33.10 6,461 54,618 47.08 70,534 21,857 66.23 27,227 61,929 46.02 37,722 221.89 3,815 152,375 4.73 ----------------- $ 2,975,217 595,372 424,573 884,010 96,990 23,377 438,120 ----------------- $ 2,462,442 ----------------- ----------------- 25.41 $ 3,028,320 26.13 19.96 34.38 37.49 16.37 10.12 21.03 428,033 337,310 824,425 77,498 73,369 111,614 ----------------- $ 1,852,249 i T'a"l Y• O . VNpL•p;..: 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 OCTOBER 31, 2022 FY 2023 ADOPTED BUDGET 55,000 112,000 13,438,272 41,580 12,000 3,500 767,000 4,000 65,000 234,960 ----------------- $ 14,733,312 4,930,908 5,151,221 1,192,624 395,706 3,062,853 ----------------- $ 14,733,312 FY 2023 FY 2023 REVISED ACTUAL BUDGET TO DATE 55,000 112,000 13,438,272 41,580 12,000 3,500 767,000 4,000 65,000 234,960 5,092,503 4,754,942 ----------------- $ 24,580,757 4,931,669 5,249,510 1,198,029 395,706 12,805,843 ----------------- $ 24,580,757 26,130 46,786 4,450,729 1:3,989 300 7,793 763,905 4,433 109,332 104,610 5,381,521 ----------------- $ 10,909,528 7,296,449 1,660,245 411,179 167,658 478,796 ----------------- $ 10,014,327 ACTUAL AS OF BUDGET 47.51 41.77 33.12 33.64 2.50 222.66 99.60 110.83 168.20 44.52 105.68 PRIOR YEAR ACTUAL TO DATE 15,375 35,736 4,433,002 13,611 5,435 739,810 11,391 ----------------- ----------------- 44.38 $ 5,254,360 147.95 31.63 34.32 42.37 3.74 40.74 1,881,820 1,633,315 398,617 136,544 378,011 ----------------- $ 4,428,307 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 OCTOBER 31, 2022 FY 2023 ADOPTED BUDGET 3,917,644 2,120,369 2,500 11,000 1,536,293 165,000 13,500 500 725,086 ----------------- $ 8,491,892 1,063,572 6,368,132 1,060,188 ----------------- $ 8,491,892 FY 2023 REVISED BUDGET 4,892,184 1,892,869 2,500 11,000 1,536,293 165,000 13,500 500 725,086 270,251 ----------------- $ 9,509,183 1,063,572 7,385,423 1,060,188 $ 9,509,183 FY 2023 ACTUAL TO DATE (676,699) 1,047,162 1,212 2,576, 837,972 97,881 5,441 5,281 6,575 241,692 $ 1,569,093 343,688 3,275,576 393,083 40 ----------------- $ 4,012,387 PRIOR YEAR ACTUAL AS ACTUAL OF BUDGET TO DATE (13.83) 80,000 55.32 894,156 48.48 1,429 23.42 3,829 54.55 750,314 59.32 81,192 40.30 4,989 1,056.20 178 - 18 33.33 ----------------- ----------------- 16.50 $ 1,816,105 32.31 355,384 44.35 1,762,663 37.08 304,622 42.19 $ 2,422,669 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES y, m AS OF OCTOBER 31, 2022 L FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE q OF BUDGET TO DATE AIRPORT FUND Revenues Federal and State Grants 4,940,000 8,380,504 (326,923) (3.90) (21,715) Service Charges 896,900 896,900 377,846 42.13 353,907 Other Revenue 354,565 356,196 248,550 69.78 132,870 General Fund Contribution 321,455, 594,905 107,148 18.01 131,528 Appropriated Fund Balance - 1,926 - -------------------------------------------------------------------- ----------------- Total Revenues $ 6,512,920 $ 10,230,431 $ 406,621 3.97 $ 596,590 Expenditures Operations 6,512,920 1,348,898 644,638 47.79 487,890 Capital Projects 8,881,533 3,081,712 34.70 91,163 -------------------------------------------------------------------- ----------------- Total Expenditures $ 6,512,920 $ 10,230,431 $ 3,726,350 36.42 $ 579,053 TOWN OF OCEAN CITY ``- STATEMENT OF REVENUES AND EXPENDITURES AS OF OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % 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 1,495,557 1,496,357 983,885 65.75 954,609 401,187 401,187 250,942 62.55 248,032 160,841 160,841 108,958 67.74 97,823 296,273 296,273 195,237 65.90 178,958 37,920 37,920 33,656 88.76 11.257 500 500 7,701 1,540.20 89 54,000 54,000 34,817 64.48 24,617 6,234 292,484 - $ 2,452,512 $ 2,739,562 $ 1,615,196 58.96 $ 1,515,385 1,250,654 1,474,649 573,137 38.87 464,723 1,201,858 1,264,913 527,188 41.68 427,057 ---------------------------------- $ 2,452,512 $ ----------------- 2,739,562 $ ----------------- 1,100,325 ----------------- 40.16 $ 891,780 CONVENTION CENTER FUND Revenues 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 OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 1,620,000 1,951,155 1,838,415 35,461 1,951,156 411,684 ----------------- $ 7,807,871 3,974,082 50,000 272,596 3,511,193 ---------------- $ 7,807,871 1,620,000 1,951,155 1,838,416 35,461 1,951,156 734,327 522,030 $ 8,652,545 3,974,083 50,000 272,596 3,621,539 734,327 ----------------- $ 8,652,545 740,852 617,052 497,798 20,609 650,384 ---------------- $ 2,526,695 633,906 95,484 1,407,897 531,771 ----------------- $ 2,669,058 ACTUAL AS % OF BUDGET PRIOR YEAR ACTUAL TO DATE 45.73 506,052 31.62 579,200 27.08 362,649 58.12 6,233 33.33 562,536 ----------------- ----------------- 29.20 $ 2,016,670 15.95 492,096 35.03 155,614 38.88 1,103,433 72.42 1,303,989 ----------------- ----------------- 30.85 $ 3,055,132 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 1,759,855 125,770 143,331 56,756 12,561 26,820 48,960 106,720 38,171 $ 2,318,944 2,262,017 56,927 ---------------- $ 2,318,944 1,759,855 125,770 143,331 56,756 12,561 26,820 48,960 106,720 38,171 33,448 $ 2,352,392 2,295,465 56,927 ----------------- $ 2,352,392 586,564 41,920 47,776 18,916 4,184 8,940 16,312 35,568 12,720 ----------------- $ 772,900 1,274,100 18,972 ----------------- $ 1,293,072 PRIOR YEAR ACTUAL TO DATE 33.33 TOWN OF OCEAN CITY =--=- STATEMENT OF REVENUES AND EXPENDITURES 33.33 AS OF OCTOBER 31, 2022 33.33 22,220 1 FY 2023 FY 2023 FY 2023 33.33 ADOPTED REVISED ACTUAL ACTUAL AS 33.32 BUDGET BUDGET TO DATE q OF BUDGET 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 1,759,855 125,770 143,331 56,756 12,561 26,820 48,960 106,720 38,171 $ 2,318,944 2,262,017 56,927 ---------------- $ 2,318,944 1,759,855 125,770 143,331 56,756 12,561 26,820 48,960 106,720 38,171 33,448 $ 2,352,392 2,295,465 56,927 ----------------- $ 2,352,392 586,564 41,920 47,776 18,916 4,184 8,940 16,312 35,568 12,720 ----------------- $ 772,900 1,274,100 18,972 ----------------- $ 1,293,072 PRIOR YEAR ACTUAL TO DATE 33.33 579,188 33.33 39,460 33.33 44,788 33.33 22,220 33.31 4,460 33.33 9,452 33.32 14,756 33.33 34,224 33.32 12,224 ----------------- ----------------- 32.86 $ 760,772 55.51 1,109,729 33.33 23,064 ----------------- ----------------- 54.97 $ 1,132,793 ro SERVICE CENTER FUND Revenues Service Charges Fuel Sales Sales of Parts and Supplies Mechanic Labor Charges Other Revenue . Appropriated Fund Balance Total Revenues Expenditures Administration Warehouse Garage Total Expenditures TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE PRIOR YEAR ACTUAL AS ACTUAL % OF BUDGET TO DATE 1,596,182 1,596,182 970,903 60.83 524,762 1,500,000 1,500,000 745,298 49.69 465,780 1,470,888 1,520,121 519,906 34.20 323,330 1,371,411 1,231 - 1,575 19,398 ---------------------------------- $ 4,567,070 $ ----------------- 4,635,701 $ ----------------- 2,237,338 ----------------- 48.26 $ 1,315,447 713,640 2,662,906 1,190,524 ----------------- $ 4,567,070 707,788 251,086 35.47 231,676 2,697,022 1,490,817 55.28 779,226 1,230,891 448,106 36.41 360,509 ----------------- ----------------- $ 4,635,701 $ ----------------- 2,190,009 ----------------- 47.24 $ 1,371,411 ,��fGUNUL•A`��. 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 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 OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 479,516 2,733,458 113,821 117,730 307,817 8,685 92,937 33,196 36,146 6,796 6,483 95,500 63,714 ----------------- $ 4,095,799 1,079,579 871,485 2,027,116 ----------------- $ 3,978,180 479,516 2,733,458 113,821 117,730 307,817 8,685 92,937 33,196 36,146 6,796 6,483 95,500 2,071,250 $ 6,103,335 1,079,579 871,485 4,034,652 ---------------- $ 5,985,716 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 152,992 31.91 138,931 911,052 33.33 855,864 37,932 33.33 39,200 39,236 33.33 32,616 102,596 33.33 112,504 2,888 33.25 2,700 30,972 33.33 31,340 11,064 33.33 9,512 12,044 33.32 6,656 2,260 33.25 2,828 2,160 33.32 2,144 5,658 5.92 40,174 ----------------- ----------------- $ 1,310,854 21.48 267,481 395,860 1,375,407 ----------------- $ 2,038,748 24.78 45.42 34.09 ----------------- 34.06 ----------------- $ 1,274,469 493,855 387,071 130,458 ----------------- $ 1,011,384 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 OCTOBER 31, 2022 FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE q OF BUDGET TO DATE 1,623,917 1,623,917 541,184 33.33 444,308 179,537 179,537 59,832 33.33 38,700 227,390 227,390 75,788 33.33 51,484 148,025 148,025 49,336 33.33 39,140 22,481 22,481 7,492 33.33 5,464 26,986 26,986 8,988 33.31 7,600 254,927 254,927 84,968 33.33 61,096 48,797 48,797 16,260 33.32 10,912 8,578 8,578 2,856 33.29 2,476 567,776 567,776 189,256 33.33 232,252 21,497 21,497 7,105 33.05 97 470 - ---------------------------------- $ 3,129,911 $ ----------------- 3,130,381 $ 1,043,065 ----------------- 33.32 ----------------- $ 893,529 431,586 431,586 328,883 76.20 208,013 2,171,123 2,171,593 1,676,731 77.21 1,365,415 350,000 350,000 123,726 35.35 49,849 97,202 97,202 32,400 33.33 31,436 ---------------------------------- $ 3,049,911 $ ----------------- 3,050,381 $ 2,161,740 ----------------- 70.87 ----------------- $ 1,654,713