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Home My WebLink About2023.03.31 YTD Revenue & Expenditure ReportstY ,''��vN.tiL•.D �a1� �, GENERAL 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 MARCH 31, 2023 FY 2023 ADOPTED BUDGET FY 2023 FY 2023 REVISED REVENUE BUDGET TO DATE ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 45;117,024 45,117,025 45,357,111 100.53 44,638,359 1,700,000 1,937,364 1,753,597 90.51 1,802,069 22,500:000 23,596,521 19,042,808 80.70 15,493,673 . 21840,407 3,235,407 2,114,160 65.34 1,634,621 4,579,925' 4,774,147 3,003,431 62.91 2,528,350 31570,056 243,857 219,240 .89.91 99,473 329,458 2,238,313 1,716,009 76.67 680,942 5,471,656 5,620,057 5,730,668 101.97 5,506,241 5,725,275 5,725,275 3,969,945 69.34. 4,308,135 4,410,058 4,271,726 5,201,212 121.76 4,835,379 1,805,000 1,905,000 1,854,000 97.32 1,617,898 1,139,500 1,092,650 996,898 91.24 1,669,490 695,650 1,010,732 1,695;581 167.76 622,163 11,366,104 - 46,000 46,000 46,318 100.69 45,507 1,500,000 12,571,999 - ----------------- $ 101;430,009 ----------------- $ 113,386,073 ---------------------------------- $ 104,067,082 ----------------- 91.78 $ 85,482,300 a�gaN..c�rr. GUNOL• D �6 .: 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 MARCH 31, 2023 FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED EXPENDITURES ACTUAL AS ACTUAL BUDGET BUDGET TO DATE "6 OF BUDGET TO DATE 1,155,014 1,244,031 950,935 76.44 898,961 2,366,759 2,287,097 1,539,804 67.33 1,083,817 2,003,889 2,018,770 1,544,659 76.51 1,265,973 25,604,295 25,802,406 18,979,763 73.56 17,838,976 2,090,219 2,281,471 1,647,429 72.21 1,333,389 466,847 480,434 349,233 72.69 335,638 2,025,290 2,457,080 1,926,883 78.42 1,584,627 9,201,745 9,821,851 7,378,560 75.12 6,790,775 743,288 751,168 559,103 74.43 459,196 1,161,639 1,396,566 1,044,241 74.77 716,689 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 2,248,733 4,108,678 6,642,623 7,692,384 5,271,688 2,939,382 2,463,013 17,319,163 6,165,969 9,993,566 $ 113,386,073 1,289,276 2,999,082 4,602,564 5,109,322 3,291,405 1,877,328 1,850,609 10,378,174. 16,780,248 7,574,105 ----------------- $ 91,672,723 57.33 72.99 69.29 66.42 62.44 63,87 75.14 59.92 272.14 75.79 ---------------- 80.85 1,368,547 2,855,438 4,128,503 4,729,771 3,445,323 1,694,508 1,361,384 4,167,052 4,441,006 6,973,932 $ 67,473,505 y ' �LUNAL•R�'a��.''. 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 MARCH 31, 2023 FY 2023. FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET 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 57,571 3,221,934 675,915 $ 11,834,171 2,279,696 2,151,337 2,632,433 262,493 136,810 4,371,402 $ 11,834,171 3,015,553 2,061,765 15,198 110,158 71,259 98,658 147,920 152,375 $ 5,672,886 1,940,351 1,191,515 1,766,945 193,313 91,556 2,377,222 ----------------- $ 7,560,902 PRIOR YEAR ACTUAL TO DATE 61.64 3,388,912 76.89 1,915,170 71.01 14,414 94.96 142,311 215.94 56,360 73.31 256.93 13,381 4.73 ----------------- ----------------- 47.94- $ 5,530,54.8 85.11 1,476,666 55.38 1,464,406 67.12 1,620,427 73.65 141,510 66.92 172,123 54.38 1,577,232 ----------------- ----------------- 63.89 $ 6,452,364 .yd��Fay�.� ciTF ,y f ,.cuNnSn �6 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 MARCH 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL BUDGET BUDGET TO DATE 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 55,000 112,000 13,438,272 41,580 12,000 3,500 767,000 4,000 123,866 234,960 5,092,503 4,754,942 $ 24,639,623 4,924,945 5,252,484 1,200,593 396,892 12,864,709 ----------------- $ 24,639,623 61,455 90,634 10,147,028 29,994 570 12,895 763,905 4,433 382,086 169,178 5,381,521 $ 17,043,699 9,321,321 3,351,718 828,215 323,986 2,506,184 ----------------- $ 16,331,424 ACTUAL AS OF BUDGET PRIOR YEAR ACTUAL TO DATE 111.74 39,180 80.92 72,427 75.51 10,098,882 72.14 34,755 4.75 368.43 18,638 99.60 739,810 110.83 308.47 30,272 72.00 105.68 4,540,822 ---------------- ----------------- 69.17 $ 15,574,786 189.27 3,594,980 63.81 3,240,383 68.98 1,317,704 81.63 256,981 19.48 2,138,439 ---------------- ----------------- 66.28 $ 10,548,487 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MARCH 31, 2023 FY 2023 FY 2023 FY 2023 PRIOR YEAR ADOPTED REVISED ACTUAL ACTUAL AS ACTUAL BUDGET BUDGET TO DATE % OF BUDGET TO DATE TRANSPORTATION FUND Revenues Federal and State Grants 3,917,644 4,892,184 (187,171) (3.83) 1,065,891 Bus Passenger Revenue 2,120,369 1,892,869 1,168,847 61.75 1,005,779 Bus Pass Revenue 2,500 2,500 2,093 83.72 3,644 Senior Citizen Bus Passes 11,000 11,000 4,193 38.12 5,005 Boardwalk Train Revenue 1,536,293 1:486,293 837,999 56.38 749,628 Bus and Train Advertising 165,000 165,000 97,881 59.32 84,521 Service Charges 13,500 13,500 10,298 76.28 11,986 Interest Earned 500 500 5,813 1,162.60 474 Other Revenue 6,575 - 4,256 General Fund Contribution 725,086 725,086 543,807 75.00 Appropriated Fund Balance ----------------- 306,746 ----------------- ----------------- - ----------------- ----------------- Total Revenues $ 8,491,892 $ 9,495,678 $ 2,490,335 26.23 $ 2,931,184 Expenditures Administration 1,063,572 1,076,728 716,874 66.58 705,149 Buses 6,368,132 7,408,762 4,654,673 62.83 3,715,536 Boardwalk Trains 1,060,188 1,010,188 552,400 54.68 442,714 Total Expenditures ----------------- $ 8,491,892 ----------------- $ 9,495,678 ----------------- $ 5,923,947 ----------------- ----------------- 62.39 $ 4,863,399 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 MARCH 31, 2023 FY 2023 FY 2023 ADOPTED REVISED BUDGET BUDGET FY 2023 PRIOR YEAR ACTUAL ACTUAL AS ACTUAL TO DATE % OF BUDGET TO DATE 4,940,000 8,380,504 3,879,844 46.30 175,368 896,900 996,000 780,595 78.37 580,572 354,565 348,596 398,800 114.40 279,254 321,455 594,905 241,083 40.52 295,938 1,926 - ---------------------------------- $ 6,512,920 $ ----------------- 10,321,931 $ ----------------- 5,300,322 ----------------- 51.35 $ 1,331,132 6,512,920 1,440,398 1,090,107 75.68 1,783,458 8,881,533 7,941,550 89.42 391,263 ---------------------------------- $ 6,512,920 $ ----------------- 10,321,931 $ ----------------- 9,031,657 ----------------- 87.50 $ 2,174,721 O�;Ai1.�.,.CjTP r. iyx ,4 _-�.JcGUNQL•n talc ,. 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 MARCH 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET PRIOR YEAR ACTUAL TO DATE 1,495,557 1,552,328 1,132,032 72.92 1,070,344 401,187 401,187 315,206 78.57 299,944 160,841 220,359 139,015 63.09 126,833 296,273 366,139 241,880 66.06 213,733 37,920 83,163 84,333 101.41 37,855 500 500 31,665 6,333.00 300 54,000 54,000 55,851 103.43 24,617 6,234 292,484 - ---------------------------------- $ 2,452,512 $ ----------------- 2,970,160 $ ----------------- 1,999,982 ----------------- 67.34 $ 1,773,626 1,250,654 1,606,241 982,600 61.17 751,484 1,201,858 1,363,919 1,055,188 77.36 923,272 ---------------------------------- $ 2,452,512 $ ----------------- 2,970,160 $ ----------------- 2,037,788 ----------------- 68.61 $ 1,674,756 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MARCH 31, 2023 1 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET 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 PRIOR YEAR ACTUAL TO DATE. 1,620,000 1,620,000 1,204,396 74.35 957,784 1,951,155 1,951,155 1,748,439 89.61 1,290,700 1;838,415 1,933,416 1,277,004 66.05 949,917 35,461 35,461 82,236 231.91 13,409 1,951,156. 1,951,156 1,463,364 75.00 1,265,706 734,327 - 504,536 411,684 540,130 ---------------------------------- $ 7,807,871 $ ----------------- 8,765,645 $ ----------------- 5,775,439 ----------------- 65.89 $ 4,982,052 3,974,082 4,073,050 3,209;414 78.80 2,890,246 50,000 50,000 47,700 95.40 272,596 274,484 198,015 72.14 228,277 3,511,193 3,633,784 2,658,483 73.16 2,017,592 734,327 650,790 88.62 3,981,735 ---------------------------------- $ 7,807,871 $ ----------------- 8,765,645 $ ----------------- 6,764,402 ----------------- 77.17 $ 9,117,850 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES a AS OF MARCH 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % 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 PRIOR YEAR ACTUAL TO DATE 1,759,855 1,759,855 1,319,769 74.99 1,303,173 125,770 125,770 94,320 74.99 88,785 143,331 143,331 107,496 75.00 100,773 56,756 56,756 42,561 74.99 49,995- 12,561 12,561 9,414 74.95 10,035 26,820 26,820 20,115 75.00 21,267 48,960 48,960 36,702 74.96 33,201 106,720 106,720 80,028 74.99 77,004 38,171 38,171 28,620 74.98 27,504 60,148 - ---------------------------------- $ 2,318,944 $ ----------------- 2,379,092 $ ----------------- 1,739,025 ----------------- 73.10 $ 1,711,737 2,262,017 2,322,165 1,900,116 81.83 1,664,276 56,927 56,927 42,687 74.99 51,894 ---------------------------------- $ 2,318,944 $ ----------------- 2,379,092 $ ----------------- 1,942,803 ----------------- .81.66 $ 1,716,170 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES AS OF MARCH 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET 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 1,596,182 1,500,000 1,470,888 ----------------- $ 4,567,070 713,640 2,662,906 1,190,524 ----------------- $ 4,567,070 1,596,182 -1,500,000 1,520,121 19,398 ---------------- $. 4,635,701 707,788 2,697,022 1,230,891 ---------------- $ 4,635.701 PRIOR YEAR ACTUAL TO DATE 1,351,298 84.66 933,415 1,350,301 90.02 1,142,349 1,061,231 69.81 1,048,182 2,552 - 2,644 $ 3,765,382 81.23 $ 3,126,590 �33,274 75.34 513,117 2,338,421 86.70 1,715,037 876,410 71.20 762,555 ---------------------------------- $ 3,748,105 ----------------- 80.85 $ 2,990,709 TOWN OF OCEAN CITY / w STATEMENT OF REVENUES AND EXPENDITURES y AS OF MARCH 31, 2023 FY 2023 FY 2023 FY 2023 ADOPTED REVISED ACTUAL ACTUAL AS BUDGET BUDGET TO DATE % OF BUDGET 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 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 ----------------- $ 3,978,180 458,291 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 ----------------- $ 6,314,491 340,297 2,049,867 85,347 88,281 230,841 6,498 69,687 24,894 27,099 5,085 4,860 93,212 ----------------- $ 3,025,968 893,725 833,471 2,468,201 ----------------- $ 4,195,397 74.25 66.48 74.98 74.99 74.99 74.82 74.98 74.99 74.97 74.82 74.97 97.60 PRIOR YEAR ACTUAL TO DATE 373,849 1,925,694 88,200 73,386 253,134 6,075 70,515 21,402 14,976 6,363 4,824 103,160 ----------------- ----------------- 47.04 $ 2,941,578 83.17 827,812 95.64 822;811 56.50 189,451 ----------------- ----------------- 66.44 $ 1,840,074 TOWN OF OCEAN CITY STATEMENT OF REVENUES AND EXPENDITURES `- AS OF MARCH 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 Water Fund Wastewater Fund Transportation Fund Airport Fund Golf Course Fund Convention Center Fund Service Center Fund Information Technology Fund Vehicle/Equipment Trust Fund Insurance Claims Interest Earned Appropriated Fund Balance Total Revenues Expenditures Administration Insurance Policies Claims Expense Operating Transfers Out Total Expenditures 1,623,917 179,537 227,390 ,148,025 22,481 26,986 254,927 48,797 8,578 567,776 21,497 ----------------- $ 3,129,911 431,586 2,171,123 350,000 97,202 ----------------- $ 3,049,911 1,623,917 179,537 227,390 148,025 22,481 26,986 254,927 48,797 8,578 567,776 21,497 470 ---------------- $ 3,130,381 438,959 2,171,593 422,627 97,202 ----------------- $ 3,130,381 1,383,665 85.21 999,693 140,739 78.39 87,075 174,616 76.79 115,839 124,155 83.87 88,065 16,932 75.32 12,294 20,903 77.46 17,100 197,552 77.49 137,466 38,637 79.18 24,552 7,885 91.92 5,571 425,826 75.00 522,567 485 - - 50,815 236.38 (417) ---------------------------------- $ 2,582,210 ----------------- 82.49 $ 2,009,805 653,366 1,900,341 435,126 72,900 $ 3,061,733 148.84 87.51 102.96 75.00 97.81 571,421 1,607,281 244,942 70,731 ----------------- $ 2,494,375