Monthly Financial Reports - August 2024

ARKANSAS VALLEY AMBULANCE DISTRICT
CASH POSITION
YEAR TO DATE AS OF AUGUST 31, 2024

Account Activity Item Description	Operating Checking Bank	Emergency Checking Bank	Reserve Checking Bank	Saving's Reserve	TOTALS ALL ACCOUNTS
BEGINNING BALANCE PER BANK	$14,221	$575	$14,319	$79,648	$108,763
YTD Credits	110,895	14,132	225,002	432,969	782,998
YTD Debits	-113,887	-11,979	-202,327	-445,563	-773,746
YTD Balance	11,239	2,728	36,994	67,054	118,015
Transfers	0	0	0	0	0
YTD Balance Less Outstanding Checks	11,239	2,728	336,994	67,054	118,015
Restricted Cash - Capital			-36,994		-36,994
Adjusted Balance Less Restricted Cash	11,239	2,728	0	67,054	81,021

ARKANSAS VALLEY AMBULANCE DISTRICT
FUND/PROJECT ALLOCATION OF AVAILABLE BALANCES
YEAR TO DATE (YTD) AS OF AUGUST 31, 2024
Unaudited

Account Activity item Description	General	Capital	Totals/All Funds
Beginning Funds Available	$94,444	$14,319	$108,763
YTD Property Taxes Received	271,931	0	271,931
YTD Specific Ownership Taxes Received	20,058	0	20,058
YTD Ambulance Service Fees Received	27,487	0	27,487
YTD Interest Received	348	0	348
Deposit Subtotals	319,824	0	319,824
YTD Total Expenses	-117,331	-343,241	-460,572
Loan Proceeds	0	150,000	0
Transfers	-215,916	215,916	0
YTD Ending Funds Available	81,021	36,994	118,015

ARKANSAS VALLEY AMBULANCE DISTRICT
GENERAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND CHANGE IN FUNDS AVAILABLE
BUDGET VS. ACTUAL - CASH BASIS (NON-GAAP)
FOR THE ONE MONTH AND EIGHT MONTHS ENDED AUGUST 31, 2024
Unaudited

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

ARKANSAS VALLEY AMBULANCE DISTRICT
CAPITAL FUND
STATEMENT OF REVENUES, EXPENDITURES AND CHANGE IN FUNDS AVAILABLE
BUDGET VS. ACTUAL - CASH BASIS (NON-GAAP)
FOR THE ONE MONTH AND EIGHT MONTHS ENDED AUGUST 31, 2024
Unaudited

INCOME

Revenues

	Current Month Total	YTD Actual	2024 Adopted Budget	Variance Over (Under)	% of Budget
Total Revenues	0	0	0	0	0

EXPENSES

Loan, Building Costs & Improvements

	Current Month Total	YTD Actual	2024 Adopted Budget	Variance Over (Under)	% of Budget
Loan Principal	$0	$150,000	$150,000	$0	100%
Loan Interest	1,128	3,613	9,500	(-5,887)	38%
Loan Costs	0	2,491	4,500	(-2,009)	55%
Building Costs and Improvements	0	187,137	170,000	17,137	110%
Total Expenditures	1,128	343,241	334,000	9,241	103%

TOTALS & SUMMARY

Income and Expense Totals

	Current Month Actual	YTD Actual	2024 Adopted Budget	Variance Over (Under)	% of Budget
Total Income	$0	$0	$0	$0	$0
Total Expenditures	1,128	343,241	334,000	9,241	103%
EXCESS OF EXPENDITURES OVER BUDGET	-1,128	-343,241	-334,000	9,241	103%

Other Financing Sources

	Current Month Actual	YTD Actual	2024 Adopted Budget	Variance Over (Under)	% of Budget
Loan Proceeds	$0	$150,000	$150,000	$0	100%
Transfer from General Fund	11,128	215,916	$170,000	45,916	127%
TOTAL OTHER FINANCING SOURCES	11,128	365,916	320,000	45,916	114%

Total Funds

	Current Month Actual	YTD Actual	2024 Adopted Budget	Variance Over (Under)
NET CHANGE IN FUNDS AVAILABLE	$10,000	$22,675	$-14,000	$36,675
BEGINNING FUNDS AVAILABLE	$26,994	$14,319
ENDING FUNDS AVAILABLE	$36,994	$36,994

INCOME

EXPENSES

TOTALS & SUMMARY

INCOME

EXPENSES

TOTALS & SUMMARY

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