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COUNCIL COMMUNICATION <br />TO: MAYOR AND CITY COUNCIL <br />FROM: MALCOLM FLEMING, CITY MANAGER <br />DATE: JANUARY 18, 2011 <br />SUBJECT: REVENUE TREND DASHBOARD — JANUARY 12, 2011 PROJECTIONS <br />ORIGINATING <br />DEPARTMENT: FINANCE <br />SUMMARY: <br />Attached are copies of two revenue trend "dashboards" with projections for 2010 dated January <br />12, 2011. <br />The first dashboard contains all City revenue sources greater than $100,000. For each <br />revenue source, a 2010 trend (projection) is compared to the 2010 budget and to the 2009 <br />actual amount. Variances are expressed in both dollar amounts and percentages. Positive <br />variances exceeding $100,000 and /or 5% are colored in g . Negative variances exceeding <br />$100,000 and /or 5% are colored in m� <br />The second dashboard is the same as the first, but contains only General Fund revenue <br />sources. This dashboard also includes the latest projection of total General Fund revenue. <br />Projections are based on amounts actually received during the first twelve months of the year <br />plus the estimated accruals for revenue received in 2011 but earned in 2010. <br />Total General Fund Revenue for 2010 is currently projected at $13,614,642. This represents a <br />$917,192 (7.2 %) positive variance from the amended 2010 budget and a $468,873 (3.6 %) <br />positive variance from 2009 actual. <br />is SUBJECT Revenue Trend Dashboard AGENDA ITEM <br />January 12, 2011 Projections <br />A <br />