2014 Budget Year End Report City of Knoxville, Iowa August 18, 2014

Guiding Principles  Add to Fund Balance  Property Rehab Projects  Land Acquisition/Housing Development  Street Repairs  Sidewalk Project

Fund Totals BudgetedActualDifference Budget to Actual General Fund Revenue$3,392,361$3,452,281$59,920 General Fund Expense$4,043,538$3,047,511$996,027 $404,770 Road Use Tax Revenue$689,000$734,819$45,819 Road Use Tax Expense$661,749$640,686$21,063 $94,133 Airport Utility Revenue$117,350$117,555($205) Airport Utility Expense$112,150$98,626$13,524 $18,929 L.O.S.T. Revenue$716,500$753,295$36,795 L.O.S.T. Expense$748,917$488,384$260,533 $264,911

General Revenue Breakdown FY 14BudgetedActualDifference Property Taxes$1,604,498$1,611,712$7,214 Utility Franchise Fees$550,000$618,010$68,010 Other General Revenues$128,185$97,140($31,045) Department Revenue$1,109,678$1,125,419$15,741  $20,000 in RAGBRAI vendor revenues were budgeted under other general revenues. Event revenue/expenses went through the Event LLC

Police Department FY 14BudgetedActualDifferencePercentage General Fund Revenue$130,700$129,593($1,107)99.15% General Fund Expense$966,230$897,431$68, % $67,692 FY 13BudgetedActualDifferencePercentage General Fund Revenue$85,675$97,089$11, % General Fund Expense$903,185$861,253$41, % $53,346 FY 12BudgetedActualDifferencePercentage General Fund Revenue$99,860$110,186$10, % General Fund Expense$819,740$795,245$24, % $34,821

Fire Department FY 14BudgetedActualDifferencePercentage General Fund Revenue$4,400$4,360($40)99.09% General Fund Expense$114,150$92,799$21, % $21,311 FY 13BudgetedActualDifferencePercentage General Fund Revenue0.00$532 General Fund Expense$81,323$53,015$28, % $28,840 FY 12BudgetedActualDifferencePercentage General Fund Revenue$430$429($1)99.80% General Fund Expense$58,560$40,826$17, % $17,733  $121,600 budgeted in FY14 expenses for Fire Grant not shown

Rescue Department FY 14BudgetedActualDifferencePercentage General Fund Revenue$488,000$468,532($19,468)96.01% General Fund Expense$403,950$437,728($33,778)108.36% ($53,246) FY 13BudgetedActualDifferencePercentage General Fund Revenue$520,000$383,454($136,546)73.74% General Fund Expense$386,826$398,364($11,538)102.98% ($148,084) FY 12BudgetedActualDifferencePercentage General Fund Revenue$523,566$411,279($122,287)78.55% General Fund Expense$367,932$352,869$15, % ($107,224)  FY13 Revenue grossly over budgeted, adjusted in FY14 and beyond

Library FY 14BudgetedActualDifferencePercentage General Fund Revenue$105,550$103,114($2,436)97.69% General Fund Expense$277,891$288,848($10,957)103.94% ($13,393) FY 13BudgetedActualDifferencePercentage General Fund Revenue$102,090$92,703($9,387)90.80% General Fund Expense$280,778$269,793$10, % $1,598 FY 12BudgetedActualDifferencePercentage General Fund Revenue$94,796$92,645($2,151)97.73% General Fund Expense$290,732$288,663$2, % ($82)

Recreation Center FY 14BudgetedActualDifferencePercentage General Fund Revenue$274,153$287,360$13, % General Fund Expense$444,343$408,555$35, % $48,995 FY 13BudgetedActualDifferencePercentage General Fund Revenue$254,734$314,392$59, % General Fund Expense$430,051$425,849$4, % $63,850 FY 12BudgetedActualDifferencePercentage General Fund Revenue$263,624$271,653$8, % General Fund Expense$426,701$419,461$7, % $15,269

Street Department FY 14BudgetedActualDifferencePercentage RUT Fund Revenue$689,000$734,819$45, % RUT Fund Expense$645,749$624,505$21, % $67,063 FY 13BudgetedActualDifferencePercentage RUT Fund Revenue$672,796$707,005$34, % RUT Fund Expense$648,829$603,383$45, % $79,655 FY 12BudgetedActualDifferencePercentage RUT Fund Revenue$712,600$706,265($6,335)99.11% RUT Fund Expense$678,461$761,263($82,802)112.00% ($89,137)  Includes departments 210 and 240

Parks Department FY 14BudgetedActualDifferencePercentage General Fund Revenue$2,000$5,895$3, % General Fund Expense$101,860$92,006$9, % $13,749 FY 13BudgetedActualDifferencePercentage General Fund Revenue$2,000$7,151$5, % General Fund Expense$105,811$63,980$41, % $46,982 FY 12BudgetedActualDifferencePercentage General Fund Revenue$4,226$5,354$1, % General Fund Expense$70,011$71,161($1,150)101.64% ($22)  FY13 & 14 $300K revenue & expense REAP Grants budgeted but not shown

Cemetery Department FY 14BudgetedActualDifferencePercentage General Fund Revenue$54,700$49,820($4,888)91.08% General Fund Expense$155,695$147,863$7, % $2,952 FY 13BudgetedActualDifferencePercentage General Fund Revenue$53,000$50,209($2,791)94.73% General Fund Expense$142,477$118,371$24, % $21,315 FY 12BudgetedActualDifferencePercentage General Fund Revenue$53,922$46,398($7,524)86.05% General Fund Expense$126,384$114,363$12, % $4,497 FY13 Cemetery Laborer III moved and is 100% general funded

Public Works Department FY 14BudgetedActualDifferencePercentage General Fund Expense$7,740$17,158($9,418)221.68% RUT Fund Expense16,000$16,181($181)101.13% ($9,599) FY 13BudgetedActualDifferencePercentage General Fund Expense$20,011$14,507$5, % RUT Fund Expense$38,612$12,966$25, % ($31,150) FY 12BudgetedActualDifferencePercentage General Fund Expense$26,111$20,776$5, % RUT Fund Expense$37,988$37,315$ % ($6,008)

Airport Utility FY 14BudgetedActualDifferencePercentage Utility Fund Revenue$117,350$117,555$ % Utility Fund Expense$112,150$98,626$13, % $13,729 FY 13BudgetedActualDifferencePercentage Utility Fund Revenue$99,025$107,420$8, % Utility Fund Expense$99,025$102,772($3,747)103.78% $4,648 FY 12BudgetedActualDifferencePercentage Utility Fund Revenue$76,280$97,647$21, % Utility Fund Expense$96,060$94,998$1, % $22,429

Planning & Zoning FY 14BudgetedActualDifferencePercentage General Fund Revenue$16,750$34,221$17, % General Fund Expense$69,784$64,519$5, % $22,736 FY 13BudgetedActualDifferencePercentage General Fund Revenue$15,275$17,227$1, % General Fund Expense$97,155$90,688$6, % $8,449 FY 12BudgetedActualDifferencePercentage General Fund Revenue$22,915$31,302$8, % General Fund Expense$93,104$103,080($9,976)110.71% ($1,589)

City Manager, Mayor, Council FY 14BudgetedActualDifferencePercentage General Fund Expense$166,550$147,800$18, % FY 13BudgetedActualDifferencePercentage General Fund Expense$140,445$127,009$13, % FY 12BudgetedActualDifferencePercentage General Fund Expense$147,610$141,816$5, %

City Hall FY 14BudgetedActualDifferencePercentage General Fund Expense$185,307$137,571$47, % FY 13BudgetedActualDifferencePercentage General Fund Expense$106,568$151,932($45,365)142.57% FY 12BudgetedActualDifferencePercentage General Fund Expense$192,656$203,724($11,068)105.74% FY 14 $50,000 budgeted amount included RAGBRAI expenses FY 13 over budget due to $25,000 to RAGBRAI (was reimbursed after event) and building maintenance and electric/gas expense FY12 reflects the tuck pointing to City Hall

City Clerk FY 14BudgetedActualDifferencePercentage General Fund Expense$76,350$72,548$3, % FY 13BudgetedActualDifferencePercentage General Fund Expense$62,055$67,684($5,629)109.07% FY 12BudgetedActualDifferencePercentage General Fund Expense$63,249$62,647$ % FY 13 was additional auditing costs for a single audit due to federal grants received.

General Fund Departments DepartmentTotal Police$67,692 Fire$21,311 Rescue($53,246) Library($13,393) Recreation$48,995 Parks$13,749 Cemetery$2,952 Public Works($9,418) Planning & Zoning$22,736 CM, Mayor, Council$18,750 City Hall($2,264) City Clerk$3,802 Total$121,666

Fiscal Year End Balances

Summary  Added to Fund Balance  Property Rehab Projects Demolished 3 Structures Sold 6 Properties FY 14 Sold 1 Properties FY 15 to date  Land Acquisition/Housing Development Section 42 Housing Project Westridge Development  Street Repairs FY 14 $209,411 Downtown Streetscape  Sidewalk Project FY 14 $189,901 FY 15 $35,000 –Final Section Completed