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Utility tax collections came in on budget again this month; however, results were mixed between
<br /> categories and the year-to-date performance is still negative. Garbage utility tax lost ground this month,
<br /> while electricity taxes made a small comeback. Cable and natural gas utility taxes both exceeded this
<br /> month's target. Telephone utility taxes were nearly$110,000 or 39.2% below budget, as the floor on
<br /> this revenue continues to elude us. Through March, utility taxes are$300,035 below budget, a
<br /> negligible $7,000 gain over last month.
<br /> Licenses and Franchise Fees came in$466,000 below budget for April,which eliminated the positive
<br /> performance through March. This is due to a timing issue with revenue posting. We anticipate this to
<br /> return to forecast in May. To date,this category is now$314,481 or 27.1%short of forecast. We issued
<br /> 163 new business licenses in April, which brings the year-to-date total to 475. This compares with 360
<br /> for the same year-to-date period in 2018.
<br /> Construction Permits rebounded in April, coming in $76,850 or 46.8%above budget. Our largest
<br /> categories, building permits and electrical permits,were up$31,000(31%) and $36,700 (91.2%),
<br /> respectively. The only offset was in the miscellaneous permit category(open cut/bore permits),which
<br /> came in $1,300 or 11%below budget. Permits issued with construction values of more than $1,000,000
<br /> include:
<br /> • $21,192,000 for a 64-patient space—Providence Health
<br /> • $4,415,200 for an electrical permit—Providence Health
<br /> • $2,100,000 for an electrical permit—140-unit multi-family apartments
<br /> • $1,000,000 for a mechanical permit—Phase 3 &4 lab space tenant improvement—Seaway West
<br /> Service Charge revenue took another hit in April, coming in $45,000 or 11.4% below budget. Through
<br /> April, Service Charges are now$81,300 or 5.70% below budget. The Park& Recreation category is still
<br /> driving this under performance-they came in $13,300 below budget for the month and are now
<br /> $80,000 below budget to date. Plan check fees also underperformed this month,falling short of budget
<br /> by$43,000.
<br /> Fines and Forfeits are $101,750 or 18% below budget to date. Parking infractions are under budget
<br /> $79,000, criminal non-traffic fines are down $10,900, municipal cost recovery is down $10,100, and non-
<br /> court fines/penalties are below budget$18,700. Parking infractions are down due in large part to
<br /> vacancies. There have been two vacant parking enforcement officer positions since the first of the year,
<br /> and a third since the end of January. The Police Department is diligently working to fill these positions.
<br /> Miscellaneous revenues are $467,240 or 31%above budget through April. Approximately$110,000 is
<br /> from interest revenue exceeding forecast.We expect miscellaneous revenues to trend closer to budget
<br /> over the next several months.
<br /> General Government Expenditures
<br /> Expenditures through April are below budget by$1.7M or 4.0%,compared to last month's$813,300
<br /> over budget status. There are two primary reasons for this large swing. First, budget amendment
<br /> number one is now included in the budget figures. Second, we are seeing the beginning of the
<br /> smoothing out of the early VSP participant payouts and the savings from the resulting vacancies and
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