TOWN OF YOUNTVILLE
YEAR END FINANCIAL REPORT
Fiscal year 2022/2023
General Fund Revenues
The following is a summary of General Fund revenue by major category as of June 30, 2023:
Revenues: Budget* Actual Variance % of Budget Note
Property Taxes 2,142,000 2,627,411 485,411 122.7% Note 2 Sales Taxes 1,640,000 1,628,440 (11,560) 99.3% Note 1
Other Taxes 158,000 205,732 47,732 130.2%
Transient Occupancy Tax 7,500,000 8,750,591 1,250,591 116.7% Note 3 Investment Earnings 20,000 95,776 75,776 478.9%
Licenses & Permits 185,250 193,615 8,365 104.5%
Fines & Forfeitures 8,000 60,024 52,024 750.3%
Rents & Concessions 337,000 339,955 2,955 100.9%
Intergovernmental 150,000 257,362 107,362 171.6%
Parks & Recreation Fees 202,500 359,492 156,992 177.5%
Charges for Services 181,000 156,377 (24,623) 86.4%
Miscellaneous 112,100 169,011 56,911 150.8%
Total 12,635,850 14,843,786 2,207,936 117.5%
Transfers: Budget Actual Variance % of Budget Note
Tourist Business Imp. Dist. 12,500 14,496 1,996 116.0%
Total 12,500 14,496 1,996 116.0%
Note 1 - Sales tax receipts lag 2 ½ - 3 months behind the actual collection period.
Note 2 - Property taxes are generally not received until December, after the first installment has been collected by Napa County.
Note 3 - TOT is due one month after the collection period and received 45 days after the collection period.
TOWN OF YOUNTVILLE
YEAR END FINANCIAL REPORT
Fiscal year 2022/2023
General Fund Expenditures
The following is a summary of General Fund Expenditures by major category as of June 30, 2023:
Expenditures Budget* Actual Variance % of Budget
Town Council/Mayor 1001 181,055 151,143 (29,912) 83.5%
Non-Departmental 1010 222,300 171,024 (51,276) 76.9%
Town Manager 1101 644,771 597,596 (47,174) 92.7%
Information Technology 1011 - - - 0.0% Note 1
Community Promotion 1015 411,143 351,745 (59,398) 85.6% Finance 1102 758,285 670,723 (87,561) 88.5%
Risk Management 1103 78,350 30,007 (48,343) 38.3%
Town Attorney 1105 259,710 255,916 (3,794) 98.5%
Town Clerk 1110 609,850 482,601 (127,248) 79.1%
Planning & Building 2115 1,192,030 1,029,026 (163,004) 86.3% Law Enforcement Services 3200 1,232,873 1,232,373 (500) 100.0% Fire & Emergency Services 3201 759,022 625,659 (133,363) 82.4% Note 2 PW Admin. & Engineering 4301 851,937 744,281 (107,656) 87.4% PW Street Maintenance 4305 434,382 388,326 (46,056) 89.4% PW Park Maintenance 4320 683,909 642,318 (41,592) 93.9% PW Government Bldgs. 4325 590,399 581,815 (8,584) 98.5% Parks & Rec Admin & Services 5405 558,098 557,461 (637) 99.9% Parks & Rec Camp Programs 5406 221,018 220,961 (57) 100.0% Community Center 5408 341,126 337,176 (3,950) 98.8%
Parks & Rec Leisure Prog. 5410 342,289 313,709 (28,579) 91.7% Parks & Rec Sports Prog. 5412 69,563 69,015 (548) 99.2% Parks & Rec Community Events 5413 200,835 183,689 (17,145) 91.5% Yountville Arts 5415 97,341 112,699 15,358 115.8%
Total Expenditures 10,740,284 9,749,263 (991,021) 90.8% Transfers Out:
OPEB-Employee Retiree Ben. 7902 100,000 100,000 - 100.0% PERS UAL 7903 750,000 750,000 - 100.0%
Emergency Reserve Fund 7904 400,000 400,000 - 100.0%
Revenue Stabilization Fund 7905 500,000 500,000 - 100.0% Util Ent Project Comm Fund 7906 1,650,000 1,650,000 - 100.0% Capital Projects Fund 7950 1,100,000 1,100,000 - 100.0% Water Capital Fund 7960 888,668 888,668 - 100.0%
Facility Replacement Fund 7981 350,000 350,000 - 100.0% Fleet/Equip Replacement Fund 7982 200,000 200,000 - 100.0% Housing Opportunity Fund 7970 71,600 64,200 (7,400) 89.7% T.O.Y. Community Foundation 7985 - 1,215 1,215 0.0% Note 3 Water Subsidy 7961 4,000 2,925 (1,075) 73.1%
Wastewater Subsidy 7962 4,000 2,925 (1,075) 73.1%
2017 Lease Rev. Debt Service 7954 550,000 550,000 - 100.0% 2020 Lease Fin. Debt Service 7955 573,000 573,000 - 100.0% Total Transfers Out: 7,141,268 7,132,933 (8,335) 99.9%
Note 1: Allocations of information technology are made to each department so no expenses are shown for program.
Note 2: Payments for Fire & Emergency Services are typically made bi-annually, in January and June.
Note 3: Transfer to TOYCF represents excess revenue collected from art sales. * Budget includes amounts for prior year purchase order rollover and reflects all Fiscal Year 2022/2023 budget adjustments
TOWN OF YOUNTVILLE
ANNUAL FINANCIAL REPORT
June 30, 2023
CAPITAL PROJECTS
Expenditures Budget * Actual Variance % of Budget
Resurface Community Center Gym Flooring CF-0013 45,030 39,290 (5,740) 87.3% Community Shade Structure CF-0022 50,000 - (50,000) 0.0% Replace Roofs on Bus Shelter CF-0026 85,992 44,154 (41,838) 51.3% Community Hall Auto Switch CF-0028 148,330 148,330 - 100.0% Paint Town Hall Interior CF-0029 42,535 42,546 11 100.0% Replace Epic Lawn with Artificial Turf CF-0030 100,000 - (100,000) 0.0% Emergency Geothermal HVAC Repair & Replacement CF-0036 78,773 59,020 (19,753) 74.9% GIS Mapping Improvements CP-0007 58,000 23,957 (34,043) 41.3% ADA Accessibility Improvements: Forrester Park/Three Wiers Park CP-0018 137,120 9,800 (127,320) 7.1% Installation of EV Charging Stations CP-0021 34,000 - (34,000) 0.0% Community Center Tile and Drain Replacement CP-0022 50,000 50,000 - 100.0% Community Center Restrooms CP-0023 9,800 9,419 (381) 96.1% Community Hall / Center Painting CP-0025 59,970 59,970 - 100.0% EV Charging Stations and Fleet CP-0028 200,000 - (200,000) 0.0% LATA Broadband Development Feasibility Study CP-0029 102,600 - (102,600) 0.0% ADA Accessibility Improvements Program CP-2023 116,000 114,400 (1,600) 98.6% Hydroflush Weirs from Finnell to Beard Ditch DF-0018 25,000 - (25,000) 0.0% Town Wide Drainage and Erosion Program DF-2023 19,500 5,248 (14,252) 26.9% Paving Projects - Plan, Specs, and Engineering GT-3023 98,828 5,804 (93,024) 5.9% Annual Street Maintenance & Paving Program MT-3023 534,460 354,279 (180,181) 66.3% New Vineyard Park Path Construction PK-0025 35,800 - (35,800) 0.0% Replace 2003 Chevrolet 2500HD PK-0028 60,000 - (60,000) 0.0% Replace 2013 Chevrolet 2500HD PK-0029 60,000 - (60,000) 0.0% Big Belly Receptacles PK-0038 110,000 - (110,000) 0.0%
Curb, Gutter, and Sidewalk Replacement SB-6023 66,000 - (66,000) 0.0% Surveys and Monuments ST-0004 24,698 9,506 (15,192) 38.5% Traffic Calming Program ST-4023 17,500 475 (17,025) 2.7% Total 2,369,936 976,199 (1,393,737) 41.2%
Expenditures - Water & Wastewater Budget * Actual Variance % of Budget Upgrade SCADA System Emergency Well to Operational Well WA-0018 140,000 14,425 (125,575) 10.3% Hydrant Repair and Replacement WA-0021 15,000 1,261 (13,739) 8.4% Clay Valve Rebuild at Finnell Rd & Yount / Finnell Rd & Yville XRd WA-0022 8,000 8,000 - 100.0% Water Meter Replacement Program WA-2023 30,500 11,394 (19,106) 37.4% Joint Treatment Plant Office Modernization Project WW-0011 859,445 171,276 (688,169) 19.9% SCADA Controls WW-0012 52,387 57,792 5,404 110.3%
Clean and Inspect Primary and Secondary Digester WW-0020 35,000 - (35,000) 0.0% Safety Net and Safety Hinged Doors at Hand Well Access WW-0032 20,000 - (20,000) 0.0% Pump Station Assessment and Capacity Evaluation WW-0033 40,000 - (40,000) 0.0% WWTP Basin Assessment, Maintenance, and Repair WW-0034 300,000 - (300,000) 0.0% Emergency Repair/Replacement Yountville Recycled Main WW-0042 1,000,000 66,940 (933,060) 6.7% Inflow and Infiltration Reduction Program (A-Line) WW-2023 698,334 370,182 (328,152) 53.0% Sewer Main Replacement and Repair Program WW-3023 - - - 0.0% Plant Equipment Replacement Program WW-4023 81,500 29,471 (52,029) 36.2% Town Pump Station Equipment Replacement Program WW-5023 13,500 9,615 (3,885) 71.2% Total 3,293,666 740,355 (2,553,311) 22.5%
* Budget includes amounts for prior year purchase order rollover and reflects all Fiscal Year 2022/2023 budget adjustments.
YEAR END FINANCIAL REPORT
Fiscal year 2022/2023
WATER CAPITAL IMPROVEMENT FUND (60) Budget Actual Variance % of Budget Revenues - System Replacement Fees 130,800 137,030 6,230 104.8% Impact Fees - - - 0.0%
Interest Income 2,000 8,862 6,862 443.1%
Transfers from General Fund (01) 888,668 888,668 - 100.0% Total Revenues 1,021,468 1,034,560 13,092 101.3%
Capital Improvement (60-4500) 275,449 136,488 (138,961) 49.6% Total Expenses 275,449 136,488 (138,961) 49.6%
Net Operating Income/(Loss) 746,019 898,072 152,053
WATER OPERATING ENTERPRISE FUND (61) Budget Actual Variance % of Budget Revenues - Utilities 1,650,450 1,623,562 (26,888) 98.4% Interest Income 200 (1,020) (1,220) -509.8%
Transfer-Water Subsidy (01) 4,000 2,925 (1,075) 73.1%
Total Revenues 1,654,650 1,625,467 (29,183) 98.2%
O & M Expenses (61-4505) 765,318 634,084 (131,234) 82.9% Water Purchases (61-4507) 1,164,818 747,706 (417,113) 64.2% Total Expenses 1,930,136 1,381,790 (548,346) 71.6%
Net Operating Income/(Loss) (275,486) 243,677 519,163
YEAR END FINANCIAL REPORT
Fiscal year 2022/2023
WASTEWATER OPERATING ENTERPRISE FUND (62) Budget Actual Variance % of Budget Revenues - Utilities 2,758,000 2,203,665 (554,335) 79.9% Interest Income 3,500 (5,422) (8,922) -154.9%
Transfer-Wastewater Subsidy (01) 4,000 2,925 (1,075) 73.1% Total Revenues 2,765,500 2,201,168 (564,332) 79.6%
-
WW Collection (62-4510) 482,002 398,186 (83,816) 82.6%
WW Treatment (62-4515) 1,510,030 1,408,005 (102,025) 93.2% Transfer to Capital (63/64) 800,000 200,000 (600,000) 25.0% Total Expenses 2,792,032 2,006,191 (785,841) 71.9%
Net Operating Income/(Loss) (26,532) 194,977 221,509
JOINT TREATMENT CAPITAL FUND (63) Budget Actual Variance % of Budget Revenues System Replacement Fees 216,000 230,566 14,566 106.7% Revenues Capital Recovery Vets 767,250 246,171 (521,079) 32.1% Interest Income 7,500 75,233 67,733 1003.1%
Transfer from Wastewater Operating (62) 200,000 50,000 (150,000) 25.0% Total Revenues 1,190,750 601,970 (588,780) 50.6%
WW Joint Treatment Plant (63-4518) 2,757,993 333,504 (2,424,490) 12.1% Total Expenses 2,757,993 333,504 (2,424,490) 12.1%
Net Operating Income/(Loss) (1,567,243) 268,466 1,835,710 WASTEWATER UTILITY CAPITAL FUND (64) Budget Actual Variance % of Budget Transfer from WW Operating (62) 600,000 150,000 (450,000) 25.0% Interest Income 2,000 10,305 8,305 515.2%
Total Revenues 602,000 160,305 (441,695) 26.6%
-
WW Capital Improvement (64-4519) 843,834 82,681 (761,153) 9.8% Transfer to Debt Service (55) 29,991 29,990 (1) 100.0%
Total Expenses 873,825 112,671 (761,154) 12.9%
Net Operating Income/(Loss) (271,825) 47,634 319,459