Serving Lincoln County for more than a century!
Serving Lincoln County for more than a century!
64% of expenditure budget spent
DAVENPORT — The city finance committee reviewed the second quarter finances ahead of city council’s regular meeting Wednesday, July 12. 57% of the projected revenue came in, while the city spent 64% of its budget for second quarter expenditures.
However, the city spent only $305,581 of the budgeted $1,605,767 out of the current expense budget. In total, the city spent $2,748,625 of its budgeted $4,300,798 for the quarter.
Expenditures out of current expense included:
$22,730 to legislative and executive services
$30,610 to finance and facilities
$157,844 to law enforcement
$10,227 to fire
$3,259 to animal control
$10,393 to planning
$9,839 to building
$49,421 to parks and pools
$11,258 to other expenditures such as interfund transfers
Other expenditures outside the current expense fund included:
$1,878,987 to water
$195,584 to garbage
$151,759 to sewer
$141,479 to streets
$38,894 to the airport
$19,073 to cemeteries
$17,267 to the library
The city made $1,732,503 in revenue, 57% of a projected $3,034,275. The city had a beginning balance of $606,068 in the current expense fund, and the largest money-maker was local sales and use tax at $207,721.
Other current expense revenue sources included:
$163,068 in property taxes
$59,835 in utility taxes
$30,679 in local government assistance
$20,041 in activity and program fees
$18,161 in public safety sales tax
$16,211 in investment interest
$16,780 in facilities leases
$9,686 in building permits
$6,537 in liquor board profits
$5,993 in liquor excise taxes
$1,882 in animal licenses
Outside of current expense revenues, the city made the following revenues:
$196,303 in garbage fees
$119,638 in sewer fees
$113,503 in water fees
$14,865 in fuel taxes
$6,943 in real estate excise taxes
$2,874 in hotel/motel taxes
Following a review of the finances, a brief council meeting included approval of a resolution allowing the mayor to a ground rental agreement with Fred Meise of NorthWest Ag at the Municipal Airport and approval of donating $3,000 in tourism funds to Celebrate Davenport for community float construction.
Council next convenes at 7 p.m. Wednesday, July 26 in City Hall.
Drew Lawson is the editor of the Davenport Times. He is a graduate of Eastern Washington University.
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