Finance

	CITY OF SALISBURY
	FINANCE DEPARTMENT


	Finance Department
	The principal functions of the Finance Department office are:
		Supervision of all disbursements.
		Maintenance of the City's accounting system including necessary
		financial reporting and payroll functions.
		Overseeing assessments for all property in the City for tax purposes.
		Collection of all moneys due the City.
		Investment of all funds in accordance with guidelines of the
		City Investment Policy

	Annual Operating Program
	Investing surplus funds in accordance with the City Investment Policy.
	Reporting the status of expenditures.
	Maintaining assessment information.
	Collection of delinquent taxes and special assessments.
	Billing the water/sewer accounts, tax accounts and miscellaneous
	accounts receivable.
	Preparation of bi-weekly payroll for city employees.
	Preparation of budget.
	Preparation of State and Federal reports.


	The Finance Department has changed the look of the quarterly reports
	to better highlight changes in revenue and expenses.
	We hope that you find this change beneficial.
	Please email any comments to jcawley@ci.salisbury.md.us.

CITY OF SALISBURY
BUDGET VS. ACTUAL
GENERAL FUND REVENUE

			1st		2nd		3rd		4th
		ANNUAL	QUARTER		QUARTER		QUARTER		QUARTER
	FY	BUDGET	ACTUAL	%	ACTUAL	%	ACTUAL	%	ACTUAL	%
CATEGORY
Real Property Taxes	05	$ 7,990,476	$ 3,074,893	38%	$ 3,649,702	46%	$ 996,819	12%	$ -	0%
	04	$ 7,420,521	$ 3,171,053	43%	$ 3,401,940	46%	$ 985,658	13%	$ 331,086	4%
	03	$ 6,771,475	$ 2,930,243	43%	$ 2,879,312	43%	$ 781,506	12%	$ 308,697	5%

Personal Property Taxes	05	$ 6,151,164	$ 95,086	2%	$ 361,248	6%	$ 4,997,423	81%	$ -	0%
	04	$ 5,438,580	$ 190,122	3%	$ 3,432,472	63%	$ 456,765	8%	$ 1,170,874	22%
	03	$ 5,241,700	$ 1,571,743	30%	$ 1,439,064	27%	$ 1,493,486	28%	$ 995,958	19%

Licenses & Permits	05	$ 1,050,040	$ 210,710	20%	$ 278,502	27%	$ 306,755	29%	$ -	0%
	04	$ 941,240	$ 141,557	15%	$ 251,819	27%	$ 356,775	38%	$ 367,493	39%
	03	$ 689,440	$ 186,751	27%	$ 185,308	27%	$ 206,845	30%	$ 512,069	74%

Grants	05	$ 2,178,505	$ 915,625	42%	$ 473,109	22%	$ 254,859	12%	$ -	0%
	04	$ 1,862,010	$ 309,259	17%	$ 383,973	21%	$ 263,582	14%	$ 1,184,591	64%
	03	$ 2,597,126	$ 349,972	13%	$ 621,422	24%	$ 743,088	29%	$ 867,311	33%

Fees	05	$ 829,600	$ 235,277	28%	$ 261,441	32%	$ 245,984	30%	$ -	0%
	04	$ 895,300	$ 201,006	22%	$ 205,599	23%	$ 160,004	18%	$ 215,348	24%
	03	$ 879,400	$ 204,478	23%	$ 242,904	28%	$ 176,356	20%	$ 193,586	22%

Parking	05	$ 64,550	$ 37,136	58%	$ 34,658	54%	$ 36,091	56%	$ -	0%
	04	$ 139,550	$ 29,629	21%	$ 30,354	22%	$ 37,641	27%	$ 30,059	22%
	03	$ 164,150	$ 29,260	18%	$ 29,180	18%	$ 31,836	19%	$ 17,066	10%

Red Light Camera	05	$ -	$ 375	0%	$ 75	0%	$ 225	0%	$ -	0%
See note below	04	$ 230,000	$ 47,475	21%	$ 29,850	13%	$ 40,875	18%	$ 27,760	12%
	03	$ 361,000	$ 54,300	15%	$ 69,150	19%	$ 50,550	14%	$ 83,860	23%

Miscellaneous	05	$ 228,665	$ 174,231	76%	$ 43,166	19%	$ 43,246	19%	$ -	0%
	04	$ 252,784	$ 48,092	19%	$ 28,390	11%	$ 100,399	40%	$ 894,046	354%
	03	$ 259,697	$ 84,004	32%	$ 58,603	23%	$ 64,721	25%	$ 83,156	32%

Capital & Transfers	05	$ 1,614,500	$ 500	0%	$ 14,850	1%	$ -	0%	$ -	0%
	04	$ 1,730,209	$ -	0%	$ 17,381	1%	$ -	0%	$ 59,986	3%
	03	$ 993,292	$ 1,202	0%	$ -	0%	$ -	0%	$ -	0%

Total General Fund	05	$ 20,107,500	$ 4,743,834	24%	$ 5,116,751	25%	$ 6,881,399	34%	$ -	0%
	04	$ 18,910,194	$ 4,138,193	22%	$ 7,781,778	41%	$ 2,401,698	13%	$ 4,281,243	23%
	03	$ 17,957,280	$ 5,411,953	30%	$ 5,524,943	31%	$ 3,548,389	20%	$ 3,061,703	17%

Note : Red Light Camera was discontinued at the end of the third quarter in FY'04.

CITY OF SALISBURY
OTHER FUND PERFORMANCE
REVENUE


			1st		2nd		3rd		4th
		ADJUSTED	QUARTER		QUARTER		QUARTER		QUARTER
	FY	BUDGET	Y.T.D.	%	Y.T.D.	%	Y.T.D.	%	Y.T.D.	%
FUND

Parking Fund	05	$ 655,692	$ 417,604	64%	$ 524,730	80%	$ 662,621	101%	$ -	0%
	04	$ 583,000	$ 130,984	22%	$ 225,882	39%	$ 357,075	61%	$ 508,190	87%
	03	$ 451,212	$ 143,727	32%	$ 247,788	55%	$ 347,481	77%	$ 451,214	100%

Debt Service Fund	05	$ 1,755,000	$ 385,907	22%	$ 842,160	48%	$ 967,840	55%	$ -	0%
	04	$ 861,596	$ 280,352	33%	$ 853,304	99%	$ 958,534	111%	$ 1,000,857	116%
	03	$ 1,012,287	$ 419,364	41%	$ 790,395	78%	$ 968,535	96%	$ 1,012,288	100%

Water and Sewer Fund	05	$ 10,853,000	$ 1,549,923	14%	$ 5,232,568	48%	$ 6,600,587	61%	$ -	0%
	04	$ 8,204,800	$ 2,227,739	27%	$ 4,261,126	52%	$ 5,343,996	65%	$ 9,221,560	112%
	03	$ 8,385,098	$ 2,162,205	26%	$ 4,084,770	49%	$ 5,844,261	70%	$ 8,319,346	99%

Marina Fund	05	$ 53,700	$ 18,559	35%	$ 26,455	49%	$ 44,168	82%	$ -	0%
	04	$ 54,000	$ 11,020	20%	$ 19,650	36%	$ 27,135	50%	$ 40,381	75%
	03	$ 57,782	$ 15,326	27%	$ 23,048	40%	$ 34,063	0%	$ 57,783	100%

EMS Fund	05	$ 2,523,000	$ 328,563	13%	$ 1,009,207	40%	$ 1,171,643	46%	$ -	0%
	04	$ 2,033,000	$ 400,816	20%	$ 571,960	28%	$ 815,683	40%	$ 2,161,175	106%
	03	$ 2,184,843	$ 531,841	24%	$ 1,062,976	49%	$ 1,669,483	76%	$ 2,130,450	98%

Septage Fund	05	$ 79,000	$ 4,160	5%	$ 9,600	12%	$ 14,080	18%	$ -	0%
	04	$ 76,000	$ 3,840	5%	$ 9,099	12%	$ 13,899	18%	$ 51,842	68%
	03	$ 47,584	$ 3,200	7%	$ 9,280	20%	$ 14,400	30%	$ 47,584	100%

CITY OF SALISBURY
OTHER FUND PERFORMANCE
EXPENSE


			1st		2nd		3rd		4th
		ADJUSTED	QUARTER		QUARTER		QUARTER		QUARTER
	FY	BUDGET	Y.T.D.	%	Y.T.D.	%	Y.T.D.	%	Y.T.D.	%
FUND

Parking Fund	05	$ 581,034	$ 219,828	38%	$ 320,371	55%	$ 447,456	77%	$ -	0%
	04	$ 539,883	$ 122,653	23%	$ 276,387	51%	$ 357,885	66%	$ 458,468	85%
	03	$ 463,180	$ 82,301	18%	$ 238,932	52%	$ 330,168	71%	$ 463,181	100%

Debt Service Fund	05	$ 1,755,000	$ 351,748	20%	$ 606,378	35%	$ 1,147,814	65%	$ -	0%
	04	$ 1,392,404	$ 426,869	31%	$ 757,334	54%	$ 1,219,724	88%	$ 1,349,814	97%
	03	$ 1,132,849	$ 381,114	34%	$ 657,410	58%	$ 1,096,927	97%	$ 1,132,849	100%

Water and Sewer Fund	05	$ 11,587,788	$ 2,268,656	20%	$ 4,126,772	36%	$ 6,214,216	54%	$ -	0%
	04	$ 9,213,856	$ 1,900,602	21%	$ 3,656,185	40%	$ 5,112,035	55%	$ 6,437,451	70%
	03	$ 6,298,736	$ 1,693,700	27%	$ 3,274,138	52%	$ 5,251,165	83%	$ 7,643,031	121%

Marina Fund	05	$ 53,700	$ 24,005	45%	$ 37,447	70%	$ 47,767	89%	$ -	0%
	04	$ 54,000	$ 20,752	38%	$ 31,602	59%	$ 39,662	73%	$ 52,004	96%
	03	$ 90,468	$ 51,779	57%	$ 65,216	72%	$ 86,372	95%	$ 120,247	133%

EMS Fund	05	$ 2,651,148	$ 546,351	21%	$ 968,111	37%	$ 1,445,325	55%	$ -	0%
	04	$ 2,126,068	$ 378,637	18%	$ 794,317	37%	$ 1,176,433	55%	$ 1,676,472	79%
	03	$ 2,164,009	$ 325,676	15%	$ 856,604	40%	$ 1,229,607	57%	$ 2,194,294	101%

Septage Fund	05	$ 88,481	$ 1,774	2%	$ 3,470	4%	$ 5,661	6%	$ -	0%
	04	$ 81,612	$ 4,559	6%	$ 9,030	11%	$ 12,043	15%	$ 51,539	63%
	03	$ 66,460	$ 5,735	9%	$ 11,792	18%	$ 17,824	27%	$ 66,580	100%

City Investments	Amount	Rate
Working Funds - Overnight Repos	$ 2,000,000	1.87%
Investments:
MLGIP	$ 15,374,343	2.69%
MLGIP - Health Escrow	$ 605,097	2.69%

Selected Interest Rates
Federal Funds	2.96%
Certificates of Deposit - 1 Month	2.77%
Treasury Bill - 6 Month	3.00%

CITY OF SALISBURY
BUDGET VS. ACTUAL
GENERAL FUND


		FY-05	FY-05		FY-04	FY-04
	EXPENSE	ADJUSTED	Y.T.D.		ADJUSTED	Y.T.D.
DEPARTMENT	CATEGORY	BUDGET	ACTUAL	%	BUDGET	ACTUAL	%

CITY COUNCIL	SALARIES	$ 33,197	$ 28,081	85%	$ 32,751	$ 25,115	77%
	EXPENSES	$ 12,035	$ 7,130	59%	$ 46,830	$ 21,090	45%

CITY CLERK	SALARIES	$ 109,076	$ 82,617	76%	$ 104,454	$ 80,922	77%
	EXPENSES	$ 19,540	$ 10,044	51%	$ 21,210	$ 10,251	48%
	CAPITAL OUTLAY	$ 2,750	$ 2,695	98%	$ -	$ -	0%

MAYOR	SALARIES	$ 243,899	$ 193,727	79%	$ 232,964	$ 180,827	78%
	EXPENSES	$ 98,112	$ 79,750	81%	$ 110,540	$ 54,409	49%
	CAPITAL OUTLAY	$ -	$ -	0%	$ 1,300	$ 1,257	97%
	COMMUNITY PROMO.	$ 184,750	$ 175,200	95%	$ 163,950	$ 126,325	77%

ELECTIONS	EXPENSES	$ 52,010	$ 12,473	24%	$ 37,950	$ 23,799	63%

FINANCE DEPARTMENT	SALARIES	$ 246,737	$ 194,812	79%	$ 216,852	$ 154,939	71%
	EXPENSES	$ 112,663	$ 91,373	81%	$ 88,310	$ 56,998	65%
	CAPITAL OUTLAY	$ 35,827	$ 31,543	88%	$ 60,450	$ -	0%
	INDEPENDENT AUDIT	$ 23,213	$ 21,900	94%	$ 16,400	$ 16,288	99%

PURCHASING	SALARIES	$ 165,254	$ 128,589	78%	$ 152,280	$ 113,211	74%
	EXPENSES	$ 46,883	$ 35,735	76%	$ 50,272	$ 26,500	53%
	CAPITAL OUTLAY	$ -	$ -	0%	$ -	$ -	0%

CITY ATTORNEY	EXPENSES	$ 210,000	$ 147,410	70%	$ 10,000	$ -	0%

IT	EXPENSES	$ 83,524	$ 48,613	58%	$ 64,968	$ 30,906	48%

HUMAN RESOURCES	SALARIES	$ 9,260	$ 4,897	53%	$ 10,350	$ 4,200	41%
	EXPENSES	$ 128,990	$ 52,083	40%	$ 79,500	$ 48,825	61%

PLANNING & ZONING	EXPENSES	$ 153,500	$ 1,987	1%	$ 113,500	$ 102,788	91%

MUNICIPAL BUILDINGS	GOV'T OFFICE BLDG.	$ 103,206	$ 11,759	11%	$ 108,625	$ 74,557	69%
	POPULAR HILL MAN.	$ 31,565	$ 9,696	31%	$ 47,380	$ 6,885	15%

POLICE SERVICES	SALARIES	$ 6,491,466	$ 4,760,967	73%	$ 5,951,112	$ 4,482,272	75%
	EXPENSES	$ 843,237	$ 639,078	76%	$ 1,035,272	$ 717,672	69%
	CAPITAL OUTLAY	$ 143,940	$ 130,507	91%	$ 95,080	$ 67,275	71%

COMMUNICATIONS	SALARIES	$ 373,277	$ 267,727	72%	$ 357,317	$ 266,267	75%
	EXPENSES	$ 112,668	$ 75,618	67%	$ 76,363	$ 51,755	68%
	CAPITAL OUTLAY	$ -	$ 12,843	0%	$ 91,094	$ 57,044	63%

ANIMAL CONTROL	SALARIES	$ 85,776	$ 63,611	74%	$ 66,666	$ 56,257	84%
	EXPENSES	$ 75,950	$ 68,116	90%	$ 56,552	$ 40,559	72%


TRAFFIC CONTROL	SALARIES	$ 240,431	$ 200,015	83%	$ 219,775	$ 167,502	76%
	EXPENSES	$ 122,302	$ 63,527	52%	$ 157,636	$ 85,741	54%
	CAPITAL OUTLAY	$ 10,000	$ -	0%	$ 81,130	$ 29,912	37%

FIRE ADMINISTRATION	SALARIES	$ 22,849	$ 15,836	69%	$ 21,832	$ 12,792	59%
	EXPENSES	$ 8,000	$ 5,799	72%	$ 7,500	$ 5,531	74%

FIREFIGHTING	SALARIES	$ 2,364,576	$ 1,731,010	73%	$ 1,956,414	$ 1,452,881	74%
	EXPENSES	$ 397,035	$ 274,731	69%	$ 335,253	$ 246,923	74%
	CAPITAL OUTLAY	$ 6,770	$ 3,445	51%	$ 5,497	$ 3,932	72%

VOLUNTEER FIREMEN	SALARIES	$ 17,000	$ 9,730	57%	$ 17,000	$ 14,186	83%
	EXPENSES	$ 40,277	$ 31,031	77%	$ 29,860	$ 14,230	48%
DIVE AND RESCUE UNIT	EXPENSES	$ 7,883	$ 4,769	60%	$ 7,883	$ 4,536	58%
MARINE SURFACE UNIT	EXPENSES	$ 4,500	$ 2,069	46%	$ 4,500	$ 146	3%

BHZ	SALARIES	$ 591,524	$ 410,406	69%	$ 494,185	$ 382,536	77%
	EXPENSES	$ 140,677	$ 101,516	72%	$ 130,268	$ 94,862	73%
	CAPITAL OUTLAY	$ 15,930	$ 14,448	91%	$ 17,632	$ 17,632	100%

PUBLIC WORKS ENGINEERING	SALARIES	$ 902,108	$ 533,425	59%	$ 823,593	$ 653,802	79%
	EXPENSES	$ 730,402	$ 280,343	38%	$ 287,245	$ 104,063	36%
	CAPITAL OUTLAY	$ 13,200	$ 3,198	24%	$ 43,200	$ 1,666	4%

ROADWAYS	SALARIES	$ 391,053	$ 306,094	78%	$ 358,845	$ 253,324	71%
	EXPENSES	$ 598,099	$ 394,403	66%	$ 1,207,352	$ 466,802	39%
	CAPITAL OUTLAY	$ 4,500	$ 2,366	53%	$ 12,950	$ 9,567	74%

HIGHWAY LIGHTING	EXPENSES	$ 453,000	$ 347,384	77%	$ 447,000	$ 342,827	77%
	CAPITAL OUTLAY	$ 48,000	$ 31,602	66%	$ 33,000	$ -	0%

STREET CLEANING	SALARIES	$ 93,440	$ 111,307	####	$ 118,878	$ 93,946	79%
	EXPENSES	$ 11,500	$ 8,896	77%	$ 36,411	$ 29,772	82%
	CAPITAL OUTLAY	$ -	$ -	0%	$ -	$ -	0%

WASTE COLLECTION & DISPOSAL	SALARIES	$ 325,503	$ 232,240	71%	$ 245,717	$ 186,505	76%
	EXPENSES	$ 836,011	$ 693,333	83%	$ 766,330	$ 505,691	66%
	CAPITAL OUTLAY	$ -	$ -	0%	$ 1,800	$ 1,666	93%

RECYCLING	SALARIES	$ 97,692	$ 77,427	79%	$ 93,331	$ 69,759	75%
	EXPENSES	$ 87,495	$ 78,316	90%	$ 64,358	$ 39,159	61%
	CAPITAL OUTLAY	$ -	$ -	0%	$ -	$ -	0%

VEHICLE MAINTENANCE	SALARIES	$ 267,640	$ 238,632	89%	$ 229,479	$ 183,019	80%
	EXPENSES	$ 211,684	$ 178,560	84%	$ 158,509	$ 110,935	70%
	CAPITAL OUTLAY	$ 8,000	$ -	0%	$ 1,800	$ 1,666	93%

MUNICIPAL ZOO	SALARIES	$ 440,994	$ 378,687	86%	$ 383,733	$ 299,807	78%
	EXPENSES	$ 248,969	$ 170,816	69%	$ 178,123	$ 113,648	64%
	CAPITAL OUTLAY	$ 59,534	$ 32,592	55%	$ 75,942	$ 60,088	79%

CARPENTER SHOP	SALARIES	$ 96,537	$ 83,521	87%	$ 105,383	$ 60,990	58%
	EXPENSES	$ 26,850	$ 15,751	59%	$ 23,850	$ 13,171	55%
	CAPITAL OUTLAY	$ -	$ -	0%	$ 2,300	$ 2,259	98%

PARK MAINTENANCE	SALARIES	$ 216,233	$ 186,868	86%	$ 193,286	$ 146,344	76%
	EXPENSES	$ 139,591	$ 66,249	47%	$ 73,845	$ 37,038	50%
	CAPITAL OUTLAY	$ 15,680	$ 5,531	35%	$ 231,829	$ 5,927	3%

INSURANCE	SALARIES	$ 18,000	$ 7,331	41%	$ 15,986	$ 2,014	13%
See Note #1	EXPENSES	$ 160,000	$ 134,774	84%	$ 142,155	$ 143,897	101%

MISCELLANEOUS	SALARIES	$ 2,000	$ 1,000	50%	$ 2,000	$ 1,000	50%
	EXPENSES	$ 4,000	$ 4,000	####	$ -	$ -	0%
	CITY CONTINGENCY	$ 50,200	$ -	0%	$ 61,650	$ -	0%

TRANSFERS	TOTAL TRANSFERS	$ 92,804	$ 17,510	19%	$ 45,360	$ 2,605	6%

	TOTAL GENERAL FUND	$ 20,872,778	$ 14,881,069	71%	$ 19,451,897	$ 13,375,492	69%

	POLICE	$ 8,126,314	$ 6,018,467	74%	$ 7,729,456	$ 5,739,101	74%
	FIRE	$ 2,868,890	$ 2,078,420	72%	$ 2,385,739	$ 1,755,157	74%
	PUBLIC WORKS	$ 6,696,448	$ 4,721,083	71%	$ 6,656,630	$ 4,076,596	61%
	OTHER	$ 3,181,126	$ 2,063,099	65%	$ 2,680,072	$ 1,804,638	67%
	TOTAL GENERAL FUND	$ 20,872,778	$ 14,881,069	71%	$ 19,451,897	$ 13,375,492	69%

	SALARIES	$ 13,845,522	$ 10,248,557	74%	$ 12,404,183	$ 9,344,417	75%
	EXPENSES	$ 6,663,125	$ 4,361,742	65%	$ 6,292,710	$ 3,771,184	60%
	CAPITAL OUTLAY	$ 364,131	$ 270,770	74%	$ 755,004	$ 259,891	34%
	TOTAL GENERAL FUND	$ 20,872,778	$ 14,881,069	71%	$ 19,451,897	$ 13,375,492	69%




Note #1
Life Insurance and Blood Bank are budgeted in total in the HR department while the expenses are charged to each department
as they are incurred. The expenses are manually totaled and reported in the HR Department at the end of each quarter.
In FY'06 Life Insurance and Blood Bank will be budgeted to each department.