1. MVECA
October 19, 2017
Board meeting

2. September Highlights Month-end cash balance - $1,395,576.57
Expenditures - $311,872.12
Revenue - $193,309.24

3. Revenue Over (Under) Expenditures

4. FY18 Monthly Cash Balances

5. Month-End Cash Balance by Year

6. FY18 Revenue

7. FY18 Expenditures

8. Cash on Hand

9. Year-to-Year Comparison
FY17
FY18
Over or (Under) Previous Year
July 1st Cash
1,671,913.31
1,373,265.01
$ (298,648.30)
Revenue
Local Fees
1,407,956.83
1,602,234.50
$ ,277.67
State Subsidy -
51,398.87
$ ,398.87
Other
50,926.67
4,090.65
$ (46,836.02)
Transfers/Advances $
Total Receipts
1,458,883.50
1,657,724.02
$ ,840.52
Expenditures
Salaries
314,261.91
404,084.59
$ ,822.68
Beneftis
120,846.45
155,090.22
$ ,243.77
Purchased Services
700,857.74
951,725.40
$ ,867.66
Supplies
(40,822.01)
4,323.47
$ ,145.48
Equipment
194,556.79
115,337.28
$ (79,219.51)
9,301.79
4,851.50
$ (4,450.29)
Total Expenditures
1,299,002.67
1,635,412.46
$ ,409.79
Cash Balance
$ ,831,794.14
$ ,395,576.57
$ (436,217.57)

10. Appropriations Current expenditure budget: $4,720,000
Proposed expenditure budget: $5,238,312
Increase of $518,312
Current estimated revenue: $4,800,000
Proposed estimated revenue: $5,362,847
Increase of $562,847