Monthly Financial Reports - August 2024
INCOME
Revenues
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | Percent of Budget | |
|---|---|---|---|---|---|
| Property Taxes | $4,732 | $264,556 | $244,992 | $19,564 | 108% |
| Senior/Veteran Exemption | 0 | 7,375 | 7,000 | 375 | 105% |
| Specific Ownership Taxes | 2,655 | 20,058 | 29,400 | -9,342 | 68% |
| Ambulance Service Fees | 5,314 | 27,487 | 25,000 | 2,487 | 110% |
| Interest | 157 | 348 | 200 | 148 | 174% |
| Total Revenues | 12,858 | 319,824 | 306,592 | 13,232 | 104% |
EXPENSES
Expenses - Administration
| Expense Category | Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | Percent of Budget |
|---|---|---|---|---|---|
| Administrative staff - reimbursement | $3,521 | $25,608 | $44,000 | ($18,392) | 58% |
| Community outreach | 84 | 1,355 | 1,000 | 355 | 136% |
| Compliance (mandated expenses, taxes, fees) | 22 | 731 | 500 | 231 | 146% |
| County treasurer fees | 148 | 7,092 | 7,560 | (468) | 94% |
| District management and accounting | 1,489 | 11,406 | 13,000 | (1,594) | 88% |
| Dues and subscriptions | 30 | 736 | 1,000 | (264) | 74% |
| Insurance (BOD) | 0 | 0 | 500 | (500) | 0% |
| Legal | 0 | 0 | 1,000 | (1,000) | 0% |
| Office equipment & technology | 40 | 40 | 2,000 | (1,960) | 2% |
| Office supplies | 30 | 404 | 2,500 | (2,096) | 16% |
| Payroll taxes | 154 | 3,085 | 3,520 | (435) | 88% |
| Postage | 0 | 0 | 500 | (500) | 0% |
| Printing | 0 | 0 | 500 | (500) - | 0% |
| Total Administration | 5,518 | 50,457 | 77,580 | -27,123 | 65% |
Expenses - Operations
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | % of Budget | |
|---|---|---|---|---|---|
| Bank Charges | $0 | $136 | $150 | $-14 | 91% |
| Billing & Collection Fees | 697 | 2,802 | 2,000 | 802 | 140% |
| Cleaning & Sanitation | 0 | 0 | 500 | -500 | 0% |
| Communications | 179 | 1,137 | 2,200 | -1,063 | 52% |
| Dispatch Services | 1,084 | 3,252 | 4,300 | -1,048 | 76% |
| Facility Reimbursements | 0 | 1,500 | 2,000 | -500 | 75% |
| Insurance: workers comp, equipment, liability | 0 | 12,344 | 12,000 | 344 | 103% |
| Medical device maintenance | 0 | 0 | 2,000 | -2,000 | 0% |
| Medical supplies | 169 | 3,561 | 6,000 | -2,439 | 59% |
| Operating contingency (TABOR) 3% | 0 | 0 | 9,200 | -9,200 | 0% |
| Personal protection equipment | 0 | 0 | 1,000 | -1,000 | 0% |
| Uniforms | 0 | 340 | 5,000 | 4,660 | 7% |
| Utilities | 58 | 1,203 | 3,000 | -1,797 | 40% |
| Volunteer benefits | 1,001 | 8,073 | 25,000 | -16,927 | 32% |
| Volunteer responder reimbursement | 0 | 5,847 | 25,000 | -19,153 | 23% |
| Total operations | 3,188 | 40,195 | 99,350 | -59,155 | 40% |
Expenses - Training
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | % of Budget | |
|---|---|---|---|---|---|
| Continuing education | $0 | $1,879 | $4,000 | $-2,121 | 47% |
| Driver training (EMR) | 0 | 0 | 500 | -500 | 0% |
| EMT training | 0 | 19,672 | 20,000 | -328 | 98% |
| Training devices, supplies, books | 0 | 0 | 1,000 | -1,000 | 0% |
| Training equipment - small | 0 | 0 | 500 | -500 | 0% |
| Total Training Expenses | 0 | 21,551 | 26,000 | 4,449 | 83% |
Expenses - Equipment
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | % of Budget | |
|---|---|---|---|---|---|
| Ambulance Computers | 0 | 0 | 500 | -500 | 0% |
| Ambulance fuel | 0 | 709 | 2,000 | -1,291 | 35% |
| Ambulance maintenance | 117 | 614 | 2,000 | 1,386 | 31% |
| Ambulance registration & licensing | 0 | 675 | 500 | 175 | 135% |
| Communications | 0 | 0 | 2,000 | -2,000 | 0% |
| Facility | 0 | 0 | 5,000 | -5,000 | 0% |
| Small equipment | 121 | 3,130 | 2,000 | 1,130 | 157% |
| Total Equipment Expenses | 238 | 5,128 | 14,000 | -8,872 | 37% |
TOTALS & SUMMARY
Income & Expense Totals
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | % of Budget | |
|---|---|---|---|---|---|
| Total Income | $12,858 | $319,824 | $306,592 | $13,232 | 104% |
| Total expenditures | 8,944 | 117,331 | 216,930 | -99,599 | 54% |
| EXCESS OF EXPENDITURES OVER REVENUES | 3,914 | 202,493 | 89,662 | 112,831 | 54% |
Other Financing Sources
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | Percent of Budget | |
|---|---|---|---|---|---|
| Transfer to Capital Fund | $-11.128 | $-215,916 | -$170,000 | -$45,916 | 127% |
Total Funds
| Current Month Actual | YTD Actual | 2024 Adopted Budget | Variance Over (Under) | % of Budget | |
|---|---|---|---|---|---|
| NET CHANGE IN FUNDS AVAILABLE | -$7,214 | -$13,423 | -$80,338 | $66,915 | 127% |
| BEGINNING FUND BALANCE | $88,235 | $94,444 | |||
| ENDING FUND BALANCE | $81,021 | $81,021 |