1. Financial Summary Eleven Months Ended February 29, 2012
Town of Dewey Beach
Financial Summary
Eleven Months Ended February 29, 2012

2. Overview-Actual vs. Budget
Eleven Months Ended February 29, 2012
Revenues $ 2,931,926*
Expenditures 2,899,492**
Net Income $ ,434
**Includes Bayard Ave.
Exp. & D/S of $ 519,043 Net Excluding Bayard Ave.$ ,399
Eleven Months Ended February 29, 2012
Revenues $ 2,404,862
Expenditures 2,312,869
Net Income $ 91,993
*Includes Bayard Ave. Revenues of $ 113,403

3. Revenues-Budget vs. Actual
Eleven Months Ended February 29, 2012
Revenues
Transfer Tax $ 558,363 Accommodation ,375
Business Licenses 262,386
Parking Permits ,283
Parking Fines ,745
Other Revenue ,774
Revenues $ 2,931,926
Eleven Months Ended February 29, 2012
Revenues
Transfer Tax $ 312,000 Accommodation ,800
Business Licenses 225,200
Parking Permits ,600
Parking Fines ,900
Other Revenue ,362
Revenues $ 2,404,862

4. Expenses-Actual vs. Budget
Eleven Months Ended February 29, 2012 Expenses Bayard Project $ 519,043 Administrative 729,550 Police 830,848 Streets &Highways 96,281 Alderman Court 31,074 Lifeguards 287,069 Code Enforcement 69,753 Life Saving Station 7,810 Seasonal Police 328,063 Total Expenses $ 2,899,491
Eleven Months Ended February 29, 2012
Expenses
Bayard Debt S. $ ,000
Administrative ,737
Police ,695
Streets & Highways103,711
Alderman Court ,328
Lifeguards ,549
Code Enforcement ,597
Life Saving Station ,454
Seasonal Police ,798
Total Expenses $ 2,312,869