Revenue Status Report FY 2012-2013 - General Fund 20120930

7/30/2019 Revenue Status Report FY 2012-2013 - General Fund 20120930

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The Iris CityGriffin... Great and Growing

Where an old town charm

and a big city convenience

combine altogether, it makes

the perfect place to live,

work and raise a family.

Take a few moments to see

all that Griffin has to offer:

Relaxed LifestyleSuperior Schools & Recreational FacilitiesGrowing Industry and Commerce

Markus Schwab, CPA/CITP/CGMA

100 South Hill Street Chief Financial Officer

Griffin, Georgia 30223 Chuck Olmsted

Phone: 770.229.6401 Fax: 678.692.0402 Accounting Manager

As of September 30, 2012

Revenue Status Report

General Fund

(Unaudited - Internal Use Only)

CITY OF GRIFFIN DEPARTMENT OF

ADMINISTRATIVE SERVICES - FINANCE

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I. Current Economics 3

II. Unemployment Numbers 8

III. General Fund Revenue Sources 9

IV. Revenues by Category 10

V. Revenues

Taxes 11

Property Taxes 12, 13

Licenses and Permits 14Intergovernmental 15

Charges for Services 16

Fines and Forfeitures 17

Other Revenues 18, 19


Table of Contents

Revenue Status Report - General Fund


CITY OF GRIFFIN

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CITY OF GRIFFIN

Beige Book - October 10, 2012

Collections History

I. Current Economics

Property Tax Digest

Sixth District--Atlanta

Summary

Sixth District business contacts described economic activity as expanding slowly in September, and most expect little change in the near

term.

Most retailers cited slow sales growth while auto dealers continued to experience strong results. Hospitality reports remained largely positive,

with the exception of cruise-lines. Residential brokers and builders signaled that housing conditions continued to improve in many parts of

the District as sales and prices of new and existing homes slightly increas+A138ed compared with a year ago. Commercial development

continued to improve, led by multifamily construction. Manufacturers indicated that new orders had softened while production levels only

mildly increased. Bankers saw improvements in demand for overall loans, particularly those for housing purchases and refinances. Payrolls

expanded modestly on net, and firms noted some deceleration in input prices, while wages remained relatively unchanged.

Consumer Spending and Tourism

Most District merchants reported that sales growth remained slow in September. Discount retail operations outperformed traditional

department stores. Most retailers projected continued soft growth in sales through the end of 2012. Contacts in the auto industry reported

that strong sales levels were maintained in September.

Leisure and business travel contacts continued to report strong activity and an optimistic outlook for the remainder of the year. Occupancy

and room rates as well as convention bookings were solid. While there has been some drop in traffic from Europe, this was largely offset by

strong visitor numbers from Canada and Latin America. Cruise-line bookings and onboard spending remained below expectations, but the

industry anticipates some improvement next year.

Real Estate and Construction

District residential brokers indicated that recent existing home sales were up slightly compared with year-earlier levels. Buyer traffic also

remained ahead of year-ago levels. Brokers again noted declining inventories, which continue+A605d to put upward pressure on home

prices in many markets. Contacts anticipate modest home price gains over the next year; however, it is expected that neighborhoods hard hitby foreclosures will continue to experience home price weakness for some time. The short-term outlook for home sales remained positive

overall, with the majority of contacts anticipating modest gains.

Reports from District homebuilders remained positive, as well. Builders indicated that recent new home sales and construction activity were

up slightly from year-earlier levels and new home inventories remained below year-earlier levels. Construction remained mostly limited to

more desirable locations, such as those in highly regarded school districts. Southeastern builders also reported that finished lot inventories

varied across the region, but most anticipate a decline in those inventories over the next six months. Many indicated that financing terms

remain prohibitive for acquisition and development. New home prices were slightly up compared with a year earlier. Homebuilders also

witnessed stronger buyer traffic. The outlook for construction activity and new home sales remained positive.

Commercial contractors indicated that the pace of construction continued to expand and backlogs were slightly up from earlier in the year.

Apartment development continued to dominate the Districts commercial real estate market. Multifamily rent growth remained positive but has

slowed somewhat in recent months. Contacts indicated that the District's office and industrial markets continued to make small

improvements, while the retail sector was described as sluggish. Many contractors reported that clients remain hesitant to move ahead on

new projects. However, most anticipate that construction activity will be flat to slightly up in 2013 compared with 2012.

Manufacturing and Transportation

While noting that new orders continued to slow, manufacturing contacts reported mild increases in production, employment, and finished

inventory levels in September. Regional auto and auto parts producers, as well as firms that supply materials to the energy exploration and

extraction sector, continued to report strong levels of production, but most other durables manufacturers noted a slight deceleration in output.

Nondurables output, with the exception of food and chemicals, remained soft.

A Southeast port contact reported record-setting cargo volumes in fiscal year 2012, with increases across all categories. Despite the

underlying increase in demand tied to replacement of aging truck fleets and the benefits of increased fuel-efficiency, new orders for heavy-

duty trucks have stalled recently. Rail contacts reported that lumber shipments have increased. Air cargo companies saw an increase in

cargo volume tied to the launch of various smartphones and computer tablets, which favor shipment by air over other modalities.

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CITY OF GRIFFIN

Interest Rate Outlook Panel of Economists

Lacy H. Hunt, executive vice president of Hoisington Investment Management, said: "The growth rate in real GDP fell below trend thus far in

2012, indicating that the U.S. economy has entered a growth recession. This will serve to further weaken the standard of living, which has

already fallen back to its 1995 level. Given the monetary and fiscal policies in place and the deteriorating global business environment, these

sub par conditions are likely to persist."

James Glassman, managing director and senior economist at

J.P. Morgan Chase and Co., said: "I expect the new Congress to

avert a fiscal cliff by extending all or most of the expiring tax cuts

and programmed spending cuts, including the payroll tax relief

and the Bush Era tax cuts, to postpone planned cuts to providers

of Medicare and defense spending (the sequestration), and to

modify the AMT to avoid sweeping 30 million new tax payers into

the alternative minimum tax. Representatives from each party

have a strong interest in preventing the sunsetting of certain

provisions, but for them to avoid that, each will have to

compromise.avoid that, each will have to compromise. . Second, the convergence of expiring programs and spending cut triggers is purely accidental. In

other words, there is no reason not to postpone most initiatives. Third, the fundamental (and only) fiscal challenge centers around the long-term outlook for federal health-care spending, not the current deficit, which will come down (as the Congressional Budget Office projects) as

the economy recovers. Finally, if Congress fails to act, the shock to the economy would surely send the economy into a new recession, with

dire implications for sitting legislators, and would require a new large fiscal stimulus. In other words, there would be little doubt in the minds of

the electorate who was responsible for a new downturn, should Congress fail to act.

"At the end of the day, self-preservation makes a compelling case for our newly elected representatives that will avert the economy driving

over the cliff."

We've been hearing warnings that the U.S. economy will fall off a

fiscal cliff at the beginning of next year - or, alternately, that the

fiscal cliff isn't an issue. Do you foresee a potential recession?

Mild slowdown? Or, perhaps, a non-event?

Scott Brown, chief economist, Raymond James & Associates,

said: "The full impact would have a significant negative impact on

the economy in 2013, likely pushing us into a recession in the

first half of the year. However, most of the can is expected to be

kicked down the road no matter who wins the presidential

election (that is, most of the tax increases and spending cuts are

likely to be postponed). I'd expect about a quarter of the full

impact, enough to keep GDP growth around 2%, rather than

moving up to 3%. Uncertainty about the fiscal cliff could be a

negative factor for growth in the remainder of this year."

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CITY OF GRIFFIN

Notes

November 2012 Volume 30, Number 11

The money market fund index - This index is the simple average of iMoneyNet Money Fund Averages /Taxable (All) seven-day

money market fund indexes, as reported for the two weeks closest to the end of each month. The annualized return is calculated using these

rates for a four-week period centering on the first of each month. The results should simulate returns from passive investment in an averagemoney market fund.

S&P Rated LGIP Index - This index is comprised of local government investment pools that are rated AAAm or AAm by Standard & Poor's

and represents pools that strive to maintain a stable net asset value.

Government Finance Officers Association of the United States and Canada

Editor: Marcy BoggsExecutive Director/CEO: Jeffrey Esser

Moving Averages - The four-week moving averages are calculated as a simple average of Friday closing yield quotations for the most

recently offered six-month Treasury bill (discount basis), two-year Treasury note, and 10-year Treasury note. Moving averages are used by

analysts to monitor trends and trend changes. Generally, interest rates are increasing (prices falling) when the moving average yield is rising

and the current rate exceeds the moving average. Conversely, current yields below a declining moving average are associated with lower

interest rates (high prices on fixed-income securities). Some market timers buy (or sell) longer maturities when current market yields fall

below or enetrate above their movin avera es.

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CITY OF GRIFFIN

Georgia Labor Force Employment

Un-

employment

Un-

employment

Rate

# Change in Un-

employment

% C ange n

Un-

employment

Sep-2009 4,709,519 4,220,452 489,067 10.40

Sep-2010 4,695,155 4,214,559 480,596 10.20 (8,471) -1.73%

Sep-20114,731,276 4,266,373 464,903 9.80 (15,693) -3.27%Sep-2012 4,777,977 4,348,516 429,461 9.00 (35,442) -7.62%

Spalding County Labor Force Employment

Sep-2009 28,600 24,201 4,399 15.40

Sep-2010 28,606 24,898 3,708 13.00 (691) -15.71%

Sep-2011 29,066 25,370 3,696 12.70 (12) -0.32%

Sep-2012 29,305 26,139 3,166 10.80 (530) -14.34%

Griffin Labor Force Employment

Dec-2008 9,686 8,543 1,143 11.80Dec-2009 9,611 8,110 1,501 15.60 358 31.32%

Dec-2010 9,507 8,044 1,463 15.40 (38) -2.53%

Dec-2011 9,450 8,135 1,315 13.90 (148) -10.12%

Georgia Spalding County

Georgia Spalding County

Data comes from the U.S. Department of Labor, Bureau of Labor Statistics

% C ange n

Un-

employment

# Change in Un-

employment

n-

employment

Rate

Latest Unemployment Figures

Un-

employment

Rate

ange n

Un-

employment

II. Unemployment Numbers

Un-

employment

# Change in Un-

employment

Un-

employment

9.20 10.20 9.80 Georgia, 9.00

15.40

13.00 12.70Spalding, 11.20

11.80

15.60 15.40Griffin, 13.90

Griffin, July 2009, 19.6

0.00

7.00

14.00

21.00

Sep-2009 Sep-2010 Sep-2011 Sep-2012

March Data for Griffin not available at tim of printing

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CITY OF GRIFFIN

Budget

Rolling

TwelveMonth Actual Projection

Projected

Over (Under)Budget % Variance % Weighted

Total Revenues 26,811,130$ 21,239,550$ 27,257,630$ 446,500$ 1.67% 100.00%

2 205 214

By Category

Operating Revenue

Taxes 10,310,000 10,881,990 10,532,660 222,660 2.16% 49.87%

Licenses and Permits 272,200 373,360 360,570 88,370 32.47% 19.79%

Charges for Services 5,122,753 4,814,160 5,175,490 52,737 1.03% 11.81%

Fines and Forfeitures 1,000,000 990,620 1,026,840 26,840 2.68% 6.01%

Rents and Royalties 198,541 226,510 232,130 33,589 16.92% 7.52%

Total Operating Revenue 16,903,494 17,286,640 17,327,690 424,196 2.51% 95.00%

Non-operating Income

Intergovernmental 198,500 225,780 210,660 12,160 6.13% 2.72%

Interest/Investment Income 8,000 13,320 14,860 6,860 85.75% 1.54%

Contributions and Donations 0 4,500 250 250 100.00% 0.06%

Gain (Loss) on Sale of Capital Assets 0 728,200 12,920 12,920 100.00% 2.89%

Total Non-operating Income 206,500 971,800 238,690 32,190 15.59% 7.21%

Transfers in from Other Funds 9,701,136 2,981,110 9,691,250 (9,886) -0.10% 2.21%

Total Revenues 26,811,130$ 21,239,550$ 27,257,630$ 446,500$ 1.67% 100.00%

0 0 0

Adjustments:

Gain (Loss) on Sale of Capital Assets: 0 728,200$ 12,920$ 12,920$

***No adjustments as of the report date.*** 0

Ga n Loss on Sa e o Cap ta Assets

after Adjustments: 0 728,200 12,920 12,920

Total Adjustments: 0 0 0 0

Total Revenues after Adjustments 26,811,130$ 21,239,550$ 27,257,630$ 446,500$ 1.67%

ANALYSIS:

IV. Revenues by Category

Total General Fund Revenues

General Fund

As of September 30, 2012 the revenue forecast model projects Local Option Sales Tax (LOST) revenues at $3.4 million (up $14

thousand dollars or 0.4 percent of Budget).

Total General Fund Revenues as of the date of this report are forecast at $27.3 million after adjustments (up $447 thousand

or 1.67 percent of Budget).

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CITY OF GRIFFIN

Taxes:

Property Taxes

In Summary

Homeowners Tax Relief Grant (HTRG)

Sales Tax Distribution

Sales Tax Distribution

Jurisdiction Tax Type For theMonth

Last

TwelveMonths CurrentFiscal Year

--Bill Gates,

American businessman, software engineer and philanthropist

CITY OF GRIFFIN (LOST)

Fiscal year 2009 was the last year for the Homeowners Tax Relief Grant program.

We always overestimate the change that will occur in the next two years

and underestimate the change that will occur in the next 10.

$ 1,289,349

$ 2,148,839

$ 8,651,317SPALDING COUNTY BOARD OF COMMISSIONERS (SPLOST)

SPALDING COUNTY-GRIFFIN BD OF EDUCATION (ELOST)

$ 5,192,449

ELOST

LOST

$ 2,148,298

$ 8,653,990

$ 293,050

$ 732,133

1. The 2012 property tax gross digest decreased to just under $548.2M (down $-31.8M from $580.1M in the prior year).

SPALDING COUNTY BOARD OF COMMISSIONERS (LOST)

$ 3,461,637

The net levy decreased to $4600290 (down $89700 from $4689990 in the prior year).

Below is a chart of sales tax distributions for the City of Griffin, Spalding County and Griffin Board of Education. The chart shows

distributions for the month, total distributions for the last twelve consecutive months, and year to date for the current fiscal year. Data

comes from the Georgia Department of Revenue.

SPLOST

$ 859,566

$ 439,575

Amount of Distribution

$ 732,626

2. Maintenance and operations (M&O) exemptions decreased to $36.5M (down $-0.5M from $37M in the prior year).

3. Changes in the gross digest and M&O exemptions reduced the net M&O digest to $511.8M (down $-31.3M from $543.1M in the prior

year).

LOST

As of September 30, 2012 the revenue forecast model projects Local Option Sales Tax (LOST) revenues at $3.4 million (up $14 thousand

dollars or 0.4 percent of Budget).

Sales Tax Distribution As of September 30, 2012

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CITY OF GRIFFIN

166 178 190 202 214

2009 2010 2011 2012

FY 2013

(Projected)Property Tax Revenue 4,682,938$ 4,798,935$ 4,662,904$ 4,699,665$ 4,337,000$

(percentage change over prior years) 2.48% -2.83% 0.79% -7.72%

Penalty and Interest on Delinquent Taxes 28,953$ 43,489$ 29,000$ 63,300$ 39,370$


2008 2009 2010 2011 2012

Real & Personal $595,986,256 $570,215,369 $564,247,211 $545,778,551 $515,739,790

Motor Vehicle 35,403,020 36,624,500 31,458,590 34,277,550 32,485,150

Mobile Homes

Public Utility

Timber 14,575 45,000 5,220

Heavy Duty Equipment 28,760 6,017

Gross Digest 631,432,611 606,890,886 595,711,021 580,056,101 548,224,940

(dollar change over prior years) (24,541,725) (11,179,865) (15,654,920) (31,831,161)

(percentage change over prior years) -3.89% -1.84% -2.63% -5.49%

Less:

Maintenance and Operations

(M&O) Exemptions: 50,826,550 40,876,237 34,913,558 36,982,207 36,456,368

(dollar change over prior years) (9,950,313) (5,962,679) 2,068,649 (525,839)

(percentage change over prior years) -19.58% -14.59% 5.93% -1.42%

NET: M&O Digest 580,606,061 566,014,649 560,797,463 543,073,894 511,768,572

(dollar change over prior years) (14,591,412) (5,217,186) (17,723,569) (31,305,322)


Millage (rate per thousand dollars) 8.638 8.636 8.636 8.636 8.989Net Levy $5,015,275 $4,888,100 $4,843,050 $4,689,990 $4,600,288

(dollar change over prior years) (127,175) (45,050) (153,060) (89,702)


(1) Property taxes as presented in the Comprehensive Annual Financial Report Statement of Revenues, Expenditures and Changes in Fund

Balances Governmental Funds. Includes Real Property Tax, Public Utility Tax, Timber Tax, Real Property Tax - Prior Year, Motor Vehicle Tax,

Railroad Equipment Tax, Intangible Tax, Heavy Equipment Tax, Property-Not-on-Digest, Real estate Transfer Tax, Homeowner's Tax Relief

Grant (HTRG).

Tax Digest and 5 Year History

General Fund

Property Taxes

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CITY OF GRIFFIN

Budget

Rolling

Twelve

Month Actual Projection

Projected

Over (Under)

Budget % Variance

% Weighted

on Category

Total Licenses and Permits Revenues 272,200$ 373,360$ 360,570$ 88,370$ 32.47% 100.00%

By Category

Licenses

Beer License 40,000 44,290 41,150 1,150 2.88% 1.30%

Wine License 40,000 42,410 40,100 100 0.25% 0.11%Liquor License 110,000 121,450 119,770 9,770 8.88% 11.06%

Sub-total Licenses 190,000 208,150 201,020 11,020 5.80% 12.47%

Permits

House Moving Permits 0 0 0 0

Burn Permits 0 0 0 0

Zoning & Land Use Permits 5,000 4,420 6,530 1,530 30.60% 1.73%

Sign Permits 15,000 15,210 10,250 (4,750) -31.67% 5.38%Catering Permits 400 700 580 180 45.00% 0.20%

Building Permits 44,000 70,520 65,460 21,460 48.77% 24.28%

Plumbing Permits 5,000 7,520 9,500 4,500 90.00% 5.09%

Electrical Permits 8,500 13,910 14,520 6,020 70.82% 6.81%

Gas Permits 300 790 960 660 220.00% 0.75%Mechanical Permits 4,000 9,440 9,260 5,260 131.50% 5.95%

Sub-total Licenses and Permits 82,200 122,510 117,060 34,860 42.41% 39.45%

Insurance Regulatory Fees 0 40,230 41,650 41,650 100.00% 47.13%Interest on Business Licenses 0 2,470 840 840 100.00% 0.95%

Sub-total Licenses and Permits 0 42,700 42,490 42,490 100.00% 48.08%

Total Licenses and Permits Revenues 272,200$ 373,360$ 360,570$ 88,370$ 32.47% 100.00%

2009 2010 2011 2012

FY 2013

(Projected)

Licenses and Permits Revenue $ 300,540 $ 284,588 $ 285,302 $ 319,097 $ 318,080

(percentage change over prior years) -5.31% 0.25% 11.85% -0.32%

Licenses 208,271$ 185,438$ 192,000$ 196,800$ 201,020$

(percentage change over prior years) -10.96% 3.54% 2.50% 2.14%

Permits 92,269$ 99,150$ 93,302$ 122,297$ 117,060$


Licenses and Permits

General Fund

General Fund

Licenses and Permits

$300,540

$284,588 $285,302

$319,097

$318,080

2009 2010 2011 2012 FY 2013 (Projected)Licenses and Permits Revenue

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CITY OF GRIFFIN

Budget

Rolling

Twelve


Projected

Over (Under)

Budget % Variance

% Weighted

on Category

Total Intergovernmental Revenues 198,500$ 225,780$ 210,660$ 12,160$ 6.13% 100.00%

By Category

DNR Funding 0 0 0 0

Federal DEA Overtime

Reimbursement 29,000 49,820 33,200 4,200 14.48% 34.54%

City of Atlanta HIDTA 7,000 3,130 7,000 0 0.00%

GMA Mutual Aid Reimbursements 0 0 0 0

School Resource Officers 76,300 113,020 76,300 0 0.00%

Prism Training Revenue 10,000 15,110 17,960 7,960 79.60% 65.46%

Spalding County Board of Education 0 0 0 0

Reimbursement Spalding County 53,200 0 53,200 0 0.00%

0

Grants 0

LCI Grant ARC 0 0 0 0

LLEBG - Vest Grant 0 0 0 0

Byrne Grant 23,000 19,430 23,000 0 0.00%

GMA Safety Grant 0 0 0 0FEMA Grants 0 25,270 0 0

Sub-total Grants 23,000 44,700 23,000 0 0.00%

Total Intergovernmental Revenues 198,500$ 225,780$ 210,660$ 12,160$ 6.13% 100.00%

2009 2010 2011 2012

FY 2013

(Projected)

Total Intergovernmental Revenue 406,382$ 678,255$ 275,160$ 219,917$ 210,660$

(percentage change over prior years) 66.90% -59.43% -20.08% -4.21%

Intergovernmental Reimbursements 383,429$ 394,755$ 207,160$ 175,217$ 187,660$

(percentage change over prior years) 2.95% -47.52% -15.42% 7.10%

Grants 22,953$ 283,500$ 68,000$ 44,700$ 23,000$

(percentage change over prior years) 1135.13% -76.01% -34.26% -48.55%

Intergovernmental

General Fund

Intergovernmental Revenues

General Fund

$406,382

$678,255

$275,160$219,917 $210,660

2009 2010 2011 2012 FY 2013 (Projected)

Total Intergovernmental Revenue

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CITY OF GRIFFIN

Budget

Rolling

Twelve


Projected

Over (Under)

Budget % Variance

% Weighted

on Category

Total Charges for Services Revenues 5,122,753$ 4,814,160$ 5,175,490$ 52,737$ 1.03% 100.00%

By Category

Indirect Cost Allocations 4,960,303 4,558,960 4,922,270 (38,033) -0.77% 72.12%

Returned Check Fees 0 180 3,860 3,860 100.00% 7.32%

Election Qualifying Fees 0 2,820 940 940 100.00% 1.78%

Business Occupation Tax

Administration Fee 0 28,870 29,550 29,550 100.00% 56.03%

Business List Reports 0 100 40 40 100.00% 0.08%

Data Processing Fees 0 20,030 24,650 24,650 100.00% 46.74%

Credit Card Fees 0 4,930 4,480 4,480 100.00% 8.49%

Fire Inspections 0 300 370 370 100.00% 0.70%

Cemetery Fees 140,000 155,700 154,310 14,310 10.22% 27.13%

Pool Service Fees 5,050 5,770 5,380 330 6.53% 0.63%

Sale of Recycled Materials 0 0 0 0

Pavilion Rental 12,000 8,540 9,810 (2,190) -18.25% 4.15%

Plan Review Fees 5,000 26,590 17,210 12,210 244.20% 23.15%

Demolition Recovery Fees 0 930 2,040 2,040 100.00% 3.87%

Customer Service Fee 0 0 0 0Zoning Application Fees 400 440 580 180 45.00% 0.34%

Total Charges for Services Revenues 5,122,753$ 4,814,160$ 5,175,490$ 52,737$ 1.03% 100.00%

2009 2010 2011 2012

FY 2013

(Projected)

Charges for Services Revenue 5,043,464$ 4,454,639$ 4,913,673$ 4,750,913$ 5,175,490$

(percentage change over prior years) -11.68% 10.30% -3.31% 8.94%

Indirect Cost Allocations 4,743,332$ 4,178,087$ 4,673,000$ 4,437,900$ 4,922,270$


Charges for Services 300,132$ 276,552$ 240,673$ 313,013$ 253,220$

(percentage change over prior years) -7.86% -12.97% 30.06% -19.10%

General Fund

Charges for Services

Charges for Services

General Fund

$5,043,464

$4,454,639

$4,913,673

$4,750,913

$5,175,490

2009 2010 2011 2012 FY 2013 (Projected)

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CITY OF GRIFFIN

Budget

Rolling

Twelve


Projected

Over (Under)

Budget % Variance

% Weighted

on Category

Total Fines and Forfeitures Revenue 1,000,000$ 990,620$ 1,026,840$ 26,840$ 2.68% 100.00%

By Category

Police Revenue 15,000 15,310 16,970 1,970 13.13% 7.34%

Traffic Fines 650,000 663,930 668,570 18,570 2.86% 69.19%

Camera Traffic Light Fines 325,000 310,540 330,430 5,430 1.67% 20.23%

Code Violations 0 0 0 0

Seat Belt Fines 0 0 0 0

Ordinance Fines 10,000 840 10,870 870 8.70% 3.24%

Total Fines and Forfeitures Revenue* 1,000,000$ 990,620$ 1,026,840$ 26,840$ 2.68% 100.00%

*** Seat Belt Fines --- beginning July 1, 2011 seat belt fines are combined with traffic fines.

General Fund

Fines and Forfeitures

$758,948

$644,537

$728,000

$605,800

$668,570

$403,596$434,595

$318,276

$314,200 $330,430

30-Jun-09 30-Jun-10 30-Jun-11 30-Jun-12 30-Jun-13

Traffic Fines Camera Traffic Light Fines

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CITY OF GRIFFIN

Budget

Rolling

Twelve


Projected

Over (Under)

Budget % Variance

% Weighted

on Category

Other Revenues

Investment Income 8,000$ 13,320$ 14,860$ 6,860$ 85.75% #VALUE!

Rents, Royalties and Other

Rents 198,541 220,240 231,310 32,769 16.50% #VALUE!

Insurance Claims 0 310 590 590 100.00% #VALUE!

Miscellaneous Revenue 0 6,000 230 230 100.00% #VALUE!Contributions and Donations 0 4,460 250 250 100.00% #VALUE!

Sub-total Rents, Royalties and Other 198,541 231,010 232,380 33,839 17.04% #VALUE!

Proceeds and Other Financing Sources

Proceeds of GMA Leases 0 642,740 0 0Proceeds of Sales of Fixed Assets 0 85,460 12,920 12,920 100.00% #VALUE!

Sub-total Proceeds and Other

Financing Sources 0 728,200 12,920 12,920 100.00% #VALUE!

Transfers:

Transfer from Hotel Motel Tax Fund 24,419 23,200 25,430 1,011 4.14% #VALUE!

Transfer from Police Tech Fund 50,000 8,500 50,000 0 0.00%

Transfer from Court Tech Fund 25,000 4,320 25,000 0 0.00%

Transfer from Cemetery Fund 8,000

Transfer from Water/Wastewater

Fund 1,800,000 2,906,130 1,800,000 0 0.00% #VALUE!Transfer from Electric Fund 7,756,617 0 7,756,620 3 0.00% #VALUE!

Transfer from Welcome Center Fund 15,480 17,100 17,100 100.00% #VALUE!

Transfer from Solid Waste Fund

Transfer from Airport Fund 45,100 #VALUE! #VALUE! #VALUE!

Transfer from Storm Water Fund

Transfer from Golf Course

Transfer from Motor Pool

Transfer from GBTA 15,480 17,100 17,100 100.00% #VALUE!

Sub-total Transfers from Other Funds 9,701,136 2,981,110 9,691,250 #VALUE! #VALUE! #VALUE!

Total Other Revenues 9,907,677$ 3,953,640$ 9,951,410$ #VALUE! #VALUE! #VALUE!

Other Revenues

General Fund

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CITY OF GRIFFIN

2009 2010 2011 2012

FY 2013

(Projected)

Interest Income 15,966$ 6,847$ 8,829$ 8,829$ 14,860$

(percentage change over prior years) -57.12% 28.95% 0.00% 68.31%

Rental Income 191,521$ 195,969$ 196,689$ 193,874$ 231,310$

(percentage change over prior years) 2.32% 0.37% -1.43% 19.31%

Donations and Contributions 883$ 0 454$ 0 250$


Other Revenues 14,884$ 28,680$ 4,957$ 16,871$ 13,740$


--John Donne,

British poet, satirist, lawyer and cleric

I observe the physician with the same diligence as the desease. "

Other Revenues

General Fund

$15,966

$6,847 $8,829 $8,829$14,860

$883 0 $454 0 $2500

$25,000

$50,000

$75,000

$100,000

2009 2010 2011 2012 FY 2013 (Projected)

Interest Income Donations and Contributions

Page 19 of 20


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CITY OF GRIFFIN

Griffin, Georgia 30223

100 South Hill Street

www.cityofgriffin.com

Department of Administrative Services

City of Griffin

THIS PAGE INTENTIONALLY LEFT BLANK

Finance and Accounting Division
http://www.cityofgriffin.com/http://www.cityofgriffin.com/

Documents

Revenue Status Report FY 2012-2013 - General Fund 20120930