1. September 30, 2017 Financial Report

2. General Fund- Revenues
A quiet 3 months- overall on target
Notable variances – unusual items
Disposal fees increased due to rate increase
Room tax (slightly less than last year)
Beazer tax sale $400,000

3. General Fund- expenses
New-unusual expenses:
Human service grants of $25,000
Sanitation contract (less salaries more operating expense)
Legal fees - one time costs
Capital outlay:
Budget increase for sailwinds, cannery park, etc

4. General Fund- overall No red flags
Expected to have large capital costs
Monitoring revenue as look to next budget year

5. General Fund- after 9/30/17 Council goals- capital projects
High street $542,000
Reserve for parks equipment and maces lane center $195,000
Housing authority drainage project $275,000
Street trailer $10,000

6. Marina fund Revenue Boat slips billed from January to December
transients still below budget- slightly higher than last year
Expenses
No unexpected variances

7. sewer fund Revenue Sewer service comparable to last year
Mde grant (received 2018)

8. sewer fund Expenses After 9/30/17
On target
After 9/30/17
Appropriated $156,000 for high street

9. MUC fund revenue Expenses After 9/30/17
Water sales down (5%)
Expenses
Personnel increase due to increased wages
After 9/30/17
Appropriated $102,000 for high street