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FY 2025 FY 2025 FY 2025 Percent FY 2024
General Fund Original Budget Revised Budget Quarter 1 Realized Quarter 1 Variance Key Revenues
Property Tax $44,688,638 $44,688,638 $957,450 2.1% $896,048 $61,403 Sales & Use Tax 11,350,000 11,350,000 1,047,716 9.2% 3,090,624 (2,042,908)* Hotel/Motel Transient Occupancy Tax 7,415,000 7,415,000 1,647,417 22.2% 2,088,298 (440,881)* Short-Term Rental Transient Occupancy Tax 1,200,000 1,200,000 256,456 21.4% 223,665 32,791 * Business License Tax 5,200,000 5,200,000 323,500 6.2% 488,439 (164,940) Real Estate Transfer Tax 800,000 800,000 91,364 11.4% 162,856 (71,492) Building Permits 2,100,000 2,100,000 563,639 26.8% 662,690 (99,051) Parking Citations 2,175,000 2,175,000 410,647 18.9% 315,987 94,660 Interest Earnings 1,375,000 1,375,000 560,894 40.8% 564,120 (3,226) Building Plan Check Fees 1,837,500 1,837,500 574,903 31.3% 465,391 109,512 Subtotal Key Revenues $78,141,138 $78,141,138 $6,433,985 8.2% $8,958,117 ($2,524,131) Remaining Revenues by Category
Other Taxes & Assessments $1,742,610 $1,742,610 $40,561 2.3% $173,455 ($132,894)* Revenue from Permits 1,275,191 1,275,191 282,399 22.1% 364,106 (81,708) Fines 226,397 226,397 163,867 72.4% 37,611 126,256
Interest & Rents 3,772,800 3,772,800 469,338 12.4% 968,292 (498,955)* From Other Governments (Grants) 256,000 557,853 5,064 0.9% 256,371 (251,307) Service Charges 8,560,901 8,560,901 3,337,120 39.0% 3,511,538 (174,417) Operating Service Transfers 4,066,118 4,066,118 1,046,156 25.7% 1,094,952 (48,797) Miscellaneous 952,000 952,000 300,819 31.6% 125,484 175,335 Subtotal Other Revenues $20,852,017 $21,153,870 $5,645,323 26.7% $6,531,810 ($886,487) General Fund Revenues $98,993,155 $99,295,008 $12,079,309 12.2% $15,489,927 ($3,410,618) Unrealized Investment Gain/(Loss) - - $1,141,441 - $1,589,861 ($448,420) Total General Fund Revenues $98,993,155 $99,295,008 $13,220,750 13.3% $17,079,788 ($3,859,038)
FY 2025 FY 2025 FY 2025 Percent FY 2024
General Fund Expenditures Original Budget Revised Budget Quarter 1 Utilized Quarter 1 Variance Salary & Wages $42,740,953 $42,791,881 $10,652,671 24.9% $9,235,853 $1,416,819 Employee Benefits 15,945,798 15,945,798 3,911,503 24.5% 3,669,526 241,977 Contract & Professional Services 15,160,476 16,884,818 3,390,317 20.1% 3,171,544 218,773 Materials & Services 4,414,240 4,546,836 871,113 19.2% 899,408 (28,294) Utilities 1,308,865 1,308,865 330,249 25.2% 347,049 (16,800) Internal Service Charges 12,532,840 12,532,840 2,963,800 23.6% 2,898,004 65,796 Property & Equipment 743,480 796,299 195,229 24.5% 1,194 194,036 Bond Debt 5,625,105 5,625,105 - - - -
Transfers Out 13,134 13,134 - - - -
Total General Fund Expenditures $98,484,891 $100,445,575 $22,314,882 22.2% $20,222,577 $2,092,305 •
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FY 2025 FY 2025 FY 2025 Percent FY 2024
General Fund Expenditures Original Budget Revised Budget Quarter 1 Utilized Quarter 1 Variance Management Services $5,192,028 $5,428,183 $1,158,664 21.3% $824,397 $334,267 Finance 4,333,794 4,409,474 1,021,717 23.2% 924,518 97,199 Human Resources 2,032,287 2,069,305 613,911 29.7% 494,507 119,405 Parks & Recreation 10,575,180 10,735,025 2,602,321 24.2% 2,902,268 (299,947) Police 38,223,846 38,423,663 8,197,084 21.3% 7,480,468 716,615 Fire 17,732,501 17,732,501 4,337,568 24.5% 3,765,575 571,993 Community Development 8,228,911 8,423,485 1,798,464 21.4% 1,558,950 239,514 Public Works 12,166,344 13,223,939 2,585,152 19.5% 2,271,893 313,259 Information Technology - - - - - -
Total General Fund Expenditures $98,484,891 $100,445,575 $22,314,882 22.2% $20,222,577 $2,092,305
General Fund Revenue &
Expenditure Summary
FY 2025 FY 2025 FY 2025 FY 2024
Original Budget Revised Budget Quarter 1 Quarter 1 Variance Total Revenues* $98,993,155 $99,295,008 $12,079,309 $15,489,927 ($3,410,618) Total Expenditures 98,484,891 100,445,575 22,314,882 20,222,577 2,092,305 $508,264 ($1,150,567) ($10,235,573) ($4,732,650) ($5,502,923) •
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