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Home My WebLink About2023.01.31 YTD Revenues & Expenditures Reports. G�t4�Cjxk F2� GENERAL FUND TOWN OF OCEAN CITY FISCAL YEAR-TO-DATE REVENUE SUMMARY AS OF JANUARY 31, 2023, FY 2023 FY 2023 FY 2023 ADOPTED REVISED REVENUE BUDGET BUDGET TO DATE _ Property Taxes 45,117,024 Sales and Use Taxes Admissions Tax 1,700,000 Room Taxes 22,.500,000 Other 2,840,407 Licenses and Permits 4,579,925 Intergovernmental Revenue - Federal Government 3;570,056 State of Maryland . 329,458 Worcester County 5,471,656 Service Charges Parking Lots/Meters 5,725,275 Events and Programs 4,410,.058 Other Service Charges 1,805,000 Fines and Forfeitures 1,139,500 Other Revenue 695,650 Proceeds from Long -Term Debt Operating Transfers In 46,000 Appropriated Fund Balance 1,500,000 Total General Fund Revenues ----------------- $ 101,430,009 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 45,117,025 44,984,693 99.71 44,330,442 1,937,364 1,441,457. 74.40 1,802,069 23,596,521 18,249,007 77.34 15,098,034 3,235,407 1,236,226 38.21 1,126,998 4,774,147 1,634,883 34.24 1,518,629 243,857 172,887 70.90 22,572 2,238,313 1,708,621 . '76.34 214,630 5,620,057 5,727,668 101.91 5,510,741.. 5,725,275 3,959,815 69.16' 4,297,488 4,260,526 4,862,674 114.13 4,500,317 1,905,000 1,667,413, 87.53 1,430,942 1,092,650 869,476 79.57 1,551,962 1,010,732 1,188,358 117.57 395,176 11,366,104 - 46,000 46,318 100.69 45,507 12,571,999 ---------------------------------- $ 113,374,-873 $ ----------------- 99,115,600 ----------------- 87.42 $ 81,845,507 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 JANUARY 31, 2023 FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED EXPENDITURES ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE 1,155,014 1,244,031 736,052 59.17 754,748 2,366,759 2,287,097 1,149,123 50.24 838,951 2,003,889 2,018,770 1,250,990 61.97 1,031,032 25,604,295 25,802,406 15,420,453 59.76 15,121,501 2,090,219 2,281,471 1,294,050 56.72 1,099,262 ,466,847 480,434 286,578 59.65 285,525 2,025,290 2,457,080 1,714,258 69.77 1,335,945 9,201,745 9,821,851 5,937,601 '60.45 5,456,984 743,288 751,168 409,524 54.52 365,258 1,161,639 1,396,566 869,378 62.25 584,316 2,052,534 2,248,733 914,554 40.67 1,170,955 3,943,155 4,108,678 2,359,418 57.43 2,257,731 6,502,815 6,642,623 3,749,073' 56.44 3,372,401 7,411,087 7,692,384 4,480,618 58.25 3,846,816 5,033,748 5,260,488 2,727,133 51.84 2,623,448 2,932,953 2,939,382 1,696,868 57.73 1,593,834 2,186,965 2,463,013 1,270,922 51.60 1,179,329 10,408,233 17,319,163 8,878,308 51.26 3,691,835 6,165,969 6,165,969 16,351,291 265.19 4,236,738 7,973,565 9,993,566 5,529,493 55.33 6,626,900 ---------------------------------- $ 101,430,009 $ 113,374,873 --------------- $ 77,025,685 --------------------------------. 67.94 $ 57,473,509 TOWN OF OCEAN CITY - STATEMENT OF REVENUES AND EXPENDITURES 1.< AS OF JANUARY 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET 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 4,892,500 4,892,500 2,681;280 2,681,280 ..21,403 21,403 116,000 116,000 33,000 33,000 134,568 134,568 17,000 57,571 3,221,934 .. 137,633 590,915 ----------------- ----------------- $ 8,033,384 $ 11,749,171 2,278,591 1,994,309 2,527,965 258,709 142,810 831,000 ----------------- $ 8,033,384 2,281,196 2,111,837 2,579,433 262,493 142,810 4,371,402 ----------------- $ 11,749,171 PRIOR YEAR ACTUAL TO DATE. 2,766,783 56.55 3,091,686 1,590,082 59.30 1,478,242 12,113 56.59 11,410 84,422 72.78 114,291 36,753 111.37 48,114 88,578 65.82 104,145 180.90 10,930 - 152,375 4.73 ---------------------------------- $ 4,835,251 ----------------- 41.15 $ 4,754,673 1,745,188 76.50 1,306,913 777,268 36.81 608,866 1,399,328 54.25 1,291,028 148,914 56.73 115,425 62,977 . 44.10 136,844 1,405,574 32.15 997,797 ---------------------------------- $ 5,539,249 ----------------- 47.15 $ 4,456,873 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 JANUARY 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 55,000 55,000 112,000 112,000 13,438,272 13,438,272 41,580 41,580 12,000 12,000 3,500 3,500 767,000 767,000 4,000 4,000 65,000 123,866 234,960 234,960 5,092,503 4,754,942 ----------------- ----------------- $ 14,733,312 $ 24,639,623 4,930,908 5,151,221 1,192,624 395,706 3,062,853 ----------------- $ 14,733,312 4,924,945 5,252,484 1,200,593 396,892 12,864,709 ----------------- $ 24,639,623 51,765 74,744 7,832,136 23,911 570 11,213 763,905 4,433 260,812 151,140 5,381,521 ----------------- $ 14,556,150 8,998,903 2,618,013 631,096 254,642 1,701,260 ----------------- $ 14,203,914 ACTUAL AS Y OF BUDGET 94.12 66.74 58.28 57.51 4.75 320.37 99.60 110.83 210.56 64.33 105.68 PRIOR YEAR ACTUAL TO DATE 27,750 57,087 7,800,861 24,050 15,704 739,810 24,970 4,540,822 ----------------- ----------------- 59.08 $ 13,231,054 182.72 49.84 52.57 64.16 13.22 57.65 3,356,457 2,569,411 1,165,861 210,342 1,206,760 ----------------- $ 8,508,831 TOWN OF OCEAN CITY ='= STATEMENT OF REVENUES AND EXPENDITURES t AS OF JANUARY 31, 2023 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 Total Expenditures FY 2023 FY 2023 ADOPTED REVISED BUDGET 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 4,892,184 1,892,869 2,500 11,000 1,486,293 165,000 13,500 500 725,086 306,746 ----------------- $ 9,495,678 1,076,728 7,408,762 1,010,188 ----------------- $ 9,495,678 FY 2023 ACTUAL TO DATE (542,322) 1,113,850 2,002 3,038 837,999 97,881 8,501 5,813 6,575 422,961 ----------------- $ 1,956,298 556,883 4,091,988 478,341 ----------------- $ 5,127,212 PRIOR YEAR ACTUAL AS ACTUAL OF BUDGET TO DATE (11.09) 1,065,891 58.84 955,340 80.08 2,102 27.62 4,361 56.38 749,628 59.32 83,015 62.97 9,852 1,162.60 360 4,255 58.33 ----------------- ----------------- 20.60 $ 2,874,804 51.72 577,855 55.23 3,015,709 47.35 374,482 ----------------- ----------------- 54.00 $ 3,968,046 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 JANUARY 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET PRIOR YEAR ACTUAL TO DATE 4,940,000 8,380,504 (153,259) (1.83) 78,701 896,900 996,000 523,587 52.57 487,511 354,565 348,596 339,643 97.43 219,302 321,455 594,905 187,509 31.52 230,174 1,926 - $ 6,512,920 $ 10,321,931 $ 897,480 8.69 $ 1,015,688 6,512,920 1,440,398 895,988 62.20 1,610,667 8,881,533 7,632,561 85.94 167,573 ---------------------------------- $ 6,512,920 $ ----------------- 10,321,931 $ ----------------- 8,528,549 ----------------- 82.63 $ 1,778,240 TOWN OF OCEAN CITY ..STATEMENT OF REVENUES AND EXPENDITURES AS OF JANUARY 31, 2023 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 1,552,328 1,055,717 68.01 1,017,825 401,187 401,187 281,164 70.08 276,406 160,841 220,359 122,420 55.55 1141"189 296,273 366,139 220,598 .60.25 200,589 37;920 83,163 77,926., 93.70 31,372 : 500 500 21,784 4,356.80 205 54,00.0 54'000 55,851 103.43 24,617 6,234 292,484 - ---------------------------------- $ 2,452,512. $ ----------------- 2,970,160 $ ----------------- 1,835,460 ----------------- 61.80 $ 1,665,203 1,250,654 1,606,241 804,440 50.08 671,058 1,201,858 ----------------- 1,363,919 829,081 60.79 718,716 ----------------- $ 2,452,512 $ ----------------- 2,970,160 $ ----------------- 1,633,521 ----------------- 55.00 $ 1,389,774 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES " AS OF JANUARY 31, 2023 zy > FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE 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 1,620,000 1,620,000 1,124,400 69.41 857,617 1,951,155 1,951,155 1,439,913 73.80 1,026,100 1,838,415 1,838,416 837,947 45.58 630,004 35,461 35,461 68,225 192.39 10,412 1,951,156. 1,951,156 1,138,172 58.33 984,438 734,327 - 504,536 411,684 540,130 $ 7,807,871 $ 8,670,645 $ 4,608,657 53.15 $ 4,013,107 3,974,082 3,993,550 2,878,423 72.08 2,557,120 50,000 50,000 40,000 80.00 272,596 274,484 161,735 58.92 208,078 3,511,193 3,618,284 2,085,273 57.63 1,639,921 734,327 645,753 87.94 3,561,407 ---------------------------------- $ 7,807,871 $ ----------------- 8,670,645 $ ----------------- 5,811,184 ----------------- 67.02 $ 7,966,526 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES' AS OF JANUARY 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET PRIOR YEAR ACTUAL TO DATE INFORMATION TECHNOLOGY FUND Revenues Service Charges General Fund .1,759,855.-- 1,759,855 1,026,487 58.33 1,013,579 Water Fund 125,770 125,770 73,360- 58.33 69,055 Wastewater Fund 143,331 143,331 83,608 58.33 78,379 Transportation Fund 56,756- 56,756 33,103 58.33 38,885 Airport Fund 12;561 12,561 7,322 58.29 7,805 Golf Course Fund 26'820 26,820 15,645-. 58.33 16,541 Convention Center Fund 48,960 48,960 28,546 58.30 25,823 ' Service Center Fund 106,720 106,720 62,244 58.32 59,892 Risk Management Fund �38,171 38,171 22,260 58.32 21,392 Appropriated Fund Balance 60,148 - Total Revenues ---------------------------------- $ 2,318,944 .. $ ----------------- 2,379,092 $ ----------------- 1,352,575 ----------------- 56.85 $ 1,331,351 Expenditures Administration 2,262,017 2,322,165 1,595,359 68.70 1,426,081 Operating Transfers Out 56,927 ----------------- 56,927 33,201 58.32 40,362 Total Expenditures ----------------- $ 2,318,944-- $ ----------------- 2,379,092 $ ----------------- 1,628,560 ----------------- 68.45_ $ 1,466,443 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 JANUARY 31, 2023 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 1,179,935 73.92 756,727 1,500,000 1,500,000 1,082,121 72.14 839,100 1,470,888 1,520,121 813,444 53.51 799,620 2,081 - 2,223 19,398 $ 4,567,070 $ 4,635,701 $ 3,077,581 66.39 $ 2,397,670 713,640 707,788 410,803 58.04 397,702 2,662,906 2,697,022 1,905,317 70.65 1,336,676 1,190,524 1,230,891 669,817 54.42 609,245 ---------------------------------- $ 4,567,070 $ ----------------- 4,635,701 $ ----------------- 2,985,937 ----------------- 64.41 $ 2,343,623 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 JANUARY 31, 2023 FY 2023 ADOPTED BUDGET 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 FY 2023 REVISED BUDGET 458,291 3,083,458 113,821 117,730 307,817 8,685 92,937 33,196 36,146 6,796 6,483 95,500 2,071,250 ----------------- $ 6,432,110 1,074,568 871,485 4,368,438 ----------------- $ 6,314,491 FY 2023 PRIOR YEAR ACTUAL ACTUAL AS ACTUAL TO DATE % OF BUDGET TO DATE 250,147 54.58 264,360 1,594,341 51.71 1,497,762 66,381 58.32 68,600 68,663 58.32 57,078 179,543 58.33 196,882 5,054 58.19 4,725 54,201 58.32 54,845 19,362 58.33 16,646 21,077 58.31 11,648 3,955 58.20 4,949 3,780 58.31 3,752 16,358 17.13 84,092 ----------------- $ 2,282.,862 ----------------- ----------------- 35.49 $ 2,265,339 777,924 833,471 2,184,678 ---------------- $ 3,796,073 72.39 95.64 50.01 ----------------- 60.12 693,011 822,811 150,689 ----------------- $ 1,666,511 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF JANUARY 31, 2023 FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE RISK MANAGEMENT FUND Revenues Service Charges General Fund 1,623,917 1,623,917 947,072 58.32 777,539 Water Fund 179,537 179,537 104,706 58.32 67,725 Wastewater Fund 227,390 227,390 132,629 58.33 90,097 Transportation Fund 148,025 148,025 86,338 58.33 68,495 Airport Fund 22,481 22,481 13,111 58.32 9,562 Golf Course Fund 26,986 26,986 15,729 58.29 13,300 Convention Center. Fund 254,927 254,927 148,694 58.33 106,918 Service Center Fund 48,797 48,797 28,455 58.31 19,096 Information Technology Fund 8,578 8,578 4,998 58.27 4,333 Vehicle/Equipment Trust Fund 567,776 567,776 331,198 .58.33 406,441 Insurance Claims 485 - Interest Earned 21,497 21,497 50,448 234.67 (469) Appropriated Fund Balance 470 - - Total Revenues ---------------------------------- $ 3,129,911 $ ----------------- 3,130,381 $ 1,863,863 ----------------- ----------------- 59.54 $ 1,563,037 Expenditures Administration 431,586 438,959 533,983 121.65 438,784 Insurance Policies 2,171,123 2,171,593 1,817,739 83.71 1,506,972 Claims Expense 350,000 422,627 406,338 96.15 93,699 Operating Transfers Out 97,202 97,202 56,700 58.33 55,013 Total Expenditures ---------------------------------- $ 3,049,911 $ ----------------- 3,130,381 $ 2,814,760 ----------------- ----------------- 89.92 $ 2,094,468