Financial Report Financial Report For the month ending October 31, - PowerPoint PPT Presentation

Financial Report Financial Report For the month ending October 31, 2016 For the month ending October 31, 2016 Office of the Treasurer Office of the Treasurer Office of Budget & Financial Management Office of Budget & Financial Management Stanley J. Bahorek, Treasurer/CFO Stanley J. Bahorek, Treasurer/CFO Scott Gooding, Executive Director Scott Gooding, Executive Director Michael McCammon, Contoller Michael McCammon, Contoller

OCTOBER 2016, OCTOBER 2016, YEAR TO DATE YEAR TO DATE Actual results compared to Plan Actual results compared to Plan BOE 11/15/2016 2

SUMMARY SUMMARY Revenues & Expenditures - YTD October 2016 $400 Millions $341 $337 Revenues under Revenues under $281 $270 $300 plan plan $200 $100 Expenditures Expenditures under plan under plan $- REVENUES EXPENDITURES PLAN ACTUAL BOE 11/15/2016 3

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE CATEGORY ACTUAL PLAN VARIANCE REVENUES $ 337,011,711 $ 340,710,000 $ (3,698,289) EXPENDITURES $ 269,873,540 $ 280,897,400 $ (11,023,860) END. CASH BAL. $ 199,033,545 $ 191,707,973 $ 7,325,571 BOE 11/15/2016 4

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE CATEGORY ACTUAL PLAN VARIANCE REVENUES $ 337,011,711 $ 340,710,000 $ (3,698,289) EXPENDITURES $ 269,873,540 $ 280,897,400 $ (11,023,860) END. CASH BAL. $ 199,033,545 $ 191,707,973 $ 7,325,571 BOE 11/15/2016 5

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE Revenues - YTD October 2016 $250 Millions $194 $188 $200 $132 $150 $128 $100 $50 $18 $11 $5 $3 $- PROPERTY TAXES STATE OTHER NON-OPERATING OPERATING PLAN ACTUAL BOE 11/15/2016 6

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE REVENUES ACTUAL PLAN VARIANCE PROPERTY TAXES $ 193,974,445 $ 187,761,000 $ 6,213,445 STATE $ 127,509,021 $ 132,356,000 $ (4,846,979) OTHER OPERATING $ 4,817,570 $ 2,567,000 $ 2,250,570 NON-OPERATING $ 10,710,675 $ 18,026,000 $ (7,315,325) BOE 11/15/2016 7

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – MONTHLY MONTHLY Total Revenues - MTD $250 Millions $193 $181 $200 $150 $82 $100 $68 $48 $47 $30 $50 $29 $- JUL AUG SEP OCT PLAN ACTUAL BOE 11/15/2016 8

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE CATEGORY ACTUAL PLAN VARIANCE REVENUES $ 337,011,711 $ 340,710,000 $ (3,698,289) EXPENDITURES $ 269,873,540 $ 280,897,400 $ (11,023,860) END. CASH BAL. $ 199,033,545 $ 191,707,973 $ 7,325,571 BOE 11/15/2016 9

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE Expenditures - YTD October 2016 $200 $179 $180 Millions $150 $100 $58 $49 $38 $37 $50 $6 $4 $- PERSONNEL NON-PERSONNEL COMM. SCHOOLS, NON-OPERATING ETC. PLAN ACTUAL BOE 11/15/2016 10

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – YEAR TO DATE YEAR TO DATE EXPENDITURES ACTUAL PLAN VARIANCE PERSONNEL $ 179,570,269 $ 179,483,000 $ 87,269 NON-PERSONNEL $ 37,730,442 $ 37,391,400 $ 339,042 COMM. SCHOOLS $ 48,984,459 $ 57,533,000 $ (8,548,541) NON-OPERATING $ 3,588,370 $ 6,490,000 $ (2,901,630) BOE 11/15/2016 11

OCTOBER 2016 (FY17) – OCTOBER 2016 (FY17) – MONTHLY MONTHLY Expenditures - MTD $100 Millions $78 $75 $75 $80 $70 $68 $63 $62 $60 $60 $40 $20 $- JUL AUG SEP OCT PLAN ACTUAL BOE 11/15/2016 12

SUMMARY SUMMARY Revenues & Expenditures - YTD October 2016 $400 Millions $341 $337 Revenues under Revenues under $281 $270 $300 plan plan $200 $100 Expenditures Expenditures under plan under plan $- REVENUES EXPENDITURES PLAN ACTUAL BOE 11/15/2016 13

Financial Report Financial Report For the month ending October 31, 2016 For the month ending October 31, 2016 Conclusion Conclusion