First Quarter Report - Clatsop County Oregon

Report
CLATSOP COUNTY
1st QUARTER REPORT
FISCAL YEAR 2014 / 2015
PRESENTED TO THE
BOARD OF COMMISSIONERS ON
NOVEMBER 12, 2014
1st Quarter Overall
Positives:
Concerns:
 All funds expenditures
 COLA costs for some labor
and revenues are
generally in line with the
budgeted expectations.
 No cause for concern at
this point in time.
contracts as well as
Management/Unrepresented
came in slightly higher than
budgeted, as well as some
other unanticipated costs.
Those areas of concern will
continue to be monitored for
potential savings in other areas.
1st Quarter: All Funds Revenue Collections
(Does not include transfers from GF)
45,000,000
41,262,400
40,000,000
37,576,868
35,000,000
33,264,609
34,689,169
36,331,503
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
4,677,203
6,065,981
7,091,465
3,978,526
3,625,776
2010-2011
2011-2012
2012-2013
Actual/Budgeted Revenue
Earned Revenue
2013-2014
2014-2015
1st Quarter % of Actual/Budgeted Revenue
Collected – All Funds
20.0%
17.2%
16.7%
12.4%
11.5%
10.9%
10.0%
2010-2011
2011-2012
2012-2013
2013-2014
2014-2015
General Fund Revenue Collections Through
1st Quarter
20,000,000
18,952,629
17,353,138
18,000,000
16,000,000
15,525,080
16,738,071
15,958,216
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
5,507,793
4,798,601
4,484,701
2011-2012
2012-13
6,048,396
5,786,775
2013-14
2014-15*
4,000,000
2,000,000
2010-11
Actual/Budgeted Revenue
Actual Q1
1st Quarter % of Actual/Budgeted Revenue
Collected – General Fund
40%
35%
35%
35%
32%
30%
30%
26%
25%
20%
15%
10%
5%
0%
% of Budget
2010-11
2011-2012
2012-13
2013-14
2014-15*
General Fund Major Revenue
9,000,000
8,000,000
7,761,440
7,000,000
6,000,000
Budgeted Revenue
Actual Q1
5,000,000
4,000,000
3,000,000
2,183,650
2,000,000
926,684
1,000,000
60,823
0
0
Property Taxes
1,037,160
Timber Revenue - GF
Timber Revenue - SP Transfer
Beginning General Fund Balance as Percent of
Appropriation
30.0%
24.6%
23.4%
25.0%
21.9%
19.9%
18.1%
20.0%
15.2%
15.6%
17.7%
15.5%
15.0%
10.0%
06/07
Actual
07/08
Actual
08/09
Actual
09/10
Actual
10/11
Actual
11/12
Actual
12/13
Actual
13/14
Unaudited
14/15
Budget
14/15 Budgeted General Fund Expense by Function
Land Use, Housing &
Transportation
3.6%
Recreation/Culture
1.2%
Economic Development &
Capital
6.0%
General Government
29.4%
Public Health
2.3%
Public Safety & Justice
57.6%
General Fund Payroll Costs
14,000,000
170,112
182,283
209,197
210,270
144,283
1,676,453
1,899,608
1,843,464
1,861,280
1,510,625
730,200
751,100
649,120
0
1,182,980
12,000,000
10,000,000
643,517
8,000,000
1,101,289
1,064,963
1,108,995
General Fund
Healthcare Costs
678,715
General Fund PERS
Bond
6,000,000
4,000,000
General Fund Other
General Fund PERS
Contributions
7,927,601
8,338,192
2010-11
2011-12
8,267,006
8,529,761
8,951,590
General Fund
Actual/Budgeted
Salaries
2,000,000
0
2012-13
2013-14
2014-2015
1st Quarter: GF Org Units Percent Expense
Percent of Budget
50.0%
25.0%
0.0%
General Fund Org Unit
1st Quarter: Roads and Public Health Percent
Expense
50.0%
Percent of Budget
25.0%
0.0%
Roads and Public Health
1st Quarter: All Other Org Units
Percent of Budget
50.0%
25.0%
0.0%
Other
1st Quarter: Conclusion/Take Away
 These are unaudited beginning balance numbers that
may change slightly once the 2013-14 FY audit is
complete.
 Staff will continue to monitor any areas of potential
concern for cost savings.
 Staff is constantly striving to seek potential new
revenue streams for the General Fund to mitigate
reliance of GF fund balance for operations moving
forward.

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