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Finance Highlights 2009 0120 V1
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Finance Highlights 2009 0120 V1
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Last modified
2/13/2009 11:40:11 AM
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1/30/2009 8:43:49 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
1/20/2009
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_CC Agenda 2009 0202
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0202
Finance Highlights 2009 0120 v2
(Superseded by)
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\City Clerk\City Council\Committees\Finance Committee
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o~ ,Ifa~ <br />~ ,y~ ~ ~-- .jdo~1 <br />'~ ~"-- ~ City of San Leandro <br />~`~~,R,z~o~ Quarterly Performance Report Ending December 31, 2008 <br />MAJOR SPECIAL REVENUE FUNDS: Are used to account for the proceeds of specific revenue <br />sources that are legally restricted to expenditures for specific purposes. <br />Revenues <br />• The DFSI Fund reflects is at 62.8% of budget due to the timing of various development projects. <br />• Park Development Fees Fund is at 161 % of budget due fees associated with the Sr. Housing Project. <br />• Heron Bay Maintenance Fund special assessments were recorded for the year in December 2008. <br />• The Business Improvement District for the Links shuttle service program will began collecting the <br />current year's assessment in January 2009. Assessment rates remain unchanged from 2007-08. <br />SPECIAL REVENUE FUND REVENUES <br /> (In Thousands) <br /> Positive/ YTD % of <br /> YTD 08-09 Budget Year End (Negative) Year End <br /> Actual (As Amended) Projection Variance Projection <br />Special Revenue Funds: <br />Street/Traffic Improv. (DFSI) 179 285 285 - 62.8% <br />Park Development Fees 351 218 218 - 161.0% <br />Parking 149 286 286 - 52.1% <br />Gas Tax 685 1,655 1,655 - 41.4% <br />Heron Bay Maintenance 331 325 325 - 101.8% <br />Business Improvement District 9 259 259 - 3.5% <br />Subtotal Special Revenue 1,704 3,028 3,028 - 56.3°/ <br />Operating Transfers 987 1,128 1,128 - 87.5% <br />Total Special Revenue Funds 2,691 4,156 4,156 - 64.7% <br />Exuenditures <br />• Street and Traffic Improvement fund expenditures primarily reflect the current status of most capital <br />improvement projects, which are in the design phase. <br />• There are no projects currently appropriated in the Park Development Fee Fund. <br />• The Heron Bay Shoreline rip rap repairs and maintenance projects are ongoing. <br />The Business Improvement District fund will be distributing funds collected through the Business <br />License <br />on an as needed basis beginning in March 2UU9. <br />SPECIAL REVENUE FUND EXPENDITURES <br />(In Thousands) <br />Special Revenue Funds: <br />Street/Traffic Improvements (DFSI) <br />Park Development Fees <br />Parking <br />Gas Tax <br />Heron Bay Maintenance <br />Business Improvement District <br />Subtotal Special Revenue Funds <br />Operating Transfers <br />-Total Special Revenue Funds <br />YTD <br />Actual <br />Positive/ <br />Amended Year End . (Negative) <br />Budget Projection Variance <br />YTD <br />of BudgE <br />181 1,313 1,313 - 13.8% <br />2 1 1 - 285.7% <br />153 336 336 - 45.5% <br />1,043 2,166: 2,166 - 48.2% <br />158 428 428 - 36.9% <br />21 400 400 - 5.3% <br />1,558 4,644 4,644 - 33.6°/ <br /> <br />1,558 4,644 4,644 - 33.6°/ <br />6 <br />
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