1. Financial Summary Seven Months Ended October 31, 2011
Town of Dewey Beach
Financial Summary
Seven Months Ended October 31, 2011

2. Overview-Actual vs. Budget
Seven Months Ended October 31, 2011
Revenues $ 2,288,715*
Expenditures 2,279,714**
Net Income $ ,001
**Includes Bayard Ave.
Expenditures of $ 509,468 Net Excluding Bayard Ave.
$ ,066
Seven Months Ended October 31, 2011
Revenues $ 2,062,178
Expenditures 1,685,502
Net Income $ 376,676
*Includes Bayard Ave. Revenues of $ 113,403

3. Revenues-Budget vs. Actual
Seven Months Ended October 31, 2011
Revenues
Transfer Tax $ 334,975 Accommodation ,966
Business Licenses 138,852
Parking Permits ,748
Parking Fines ,195
Other Revenue ,979
Revenues $ 2,288,715
Seven Months Ended October 31, 2011
Revenues
Transfer Tax $ 221,000 Accommodation ,300
Business Licenses 140,400
Parking Permits ,600
Parking Fines ,900
Other Revenue ,978
Revenues $ 2,062,178

4. Expenses-Actual vs. Budget
Seven Months Ended October 31, 2011 Expenses Bayard Project $ 509,468 Administrative 492,153 Police 552,825 Streets &Highways 75,217 Alderman Court 19,188 Lifeguards 270,974 Code Enforcement 45,309 Life Saving Station 4,076 Seasonal Police 310,504 Total Expenses $ 2,279,714
Seven Months Ended October 31, 2011
Expenses
Bayard Debt S. $ ,500
Administrative ,379
Police ,419
Streets & Highways 81,550
Alderman Court ,917
Lifeguards ,831
Code Enforcement ,978
Life Saving Station ,967
Seasonal Police ,961
Total Expenses $ 1,685,502