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Home My WebLink AboutFinCmteRpt20240221Robinson, Farmer, Cox Associates provides the Communication with Those Charged with Governance letter. The committee recommends accepting the FY 2023 ACFR as presented and authorized the Finance Committee Chairman to sign the FY 2024 engagement letter. FINANCE COMMITTEE A.Action Items A.1.The IT Director requests a General Fund supplemental appropriation in the amount of $142,208. REPORT AND RECOMMENDATIONS FINANCE COMMITTEE WEDNESDAY, FEBRUARY 21, 2024 8:00 AM BOARD OF SUPERVISORS MEETING ROOM 107 NORTH KENT STREET WINCHESTER, VA 22601 Audit Committee meeting immediately followed by Finance Committee meeting. Attendees – Committee Members Present: Judith McCann-Slaughter, Chairman; Josh Ludwig; Mike Stottlemyer; and Brandon Monk. Non-voting liaisons Tonya Sibert, Commissioner of the Revenue and William Orndoff, Treasurer. Committee Members Absent: Heather Lockridge and Daniel Martin. Staff present: Cheryl Shiffler, Finance Director; Sharon Kibler, Assistant Finance Director; Rod Williams, County Attorney; Stacy Herbaugh, Parks & Recreation Director; Nick Sabo, WRA Executive Director; Scott Varner, IT Director; and Lenny Millholland, Sheriff. AUDIT COMMITTEE – David Foley from Robinson, Farmer, Cox Associates will present the FY 2023 Annual Comprehensive Financial Report (ACFR) and be available for discussion of the upcoming FY 2024 audit. The FY 2023 ACFR is available online at: fcva.us/ACFR. Frederick Governance Letter 2023.pdf 1 This amount represents PEG funds to replace cameras and video control systems in the BOS Meeting Room and includes the option to add cameras to the back of the meeting room to broadcast work sessions. PEG funds are derived from cable franchise fees and can only be used for items related to the broadcasting of meetings. No local funds required. The committee recommends approval to include the option to add cameras to the back of the meeting room. A.2.The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $300,000. This amount represents proffer funds for the install of an outdoor spray-ground facility at Clearbrook Park. This item has been approved by the P&R Commission. The committee recommends approval. A.3.The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $10,500. This amount represents funds for an easement and will be used to purchase a snow blower that attaches to a Ventrac mower. No local funds required. The committee recommends approval. A.4.The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $3,364. These funds represent proceeds from the sale of salvaged equipment and will be use to repair a vehicle headliner. No local funds required. The committee recommends approval. A.5.The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $46,000. This amount represents a donation for enhancements to the Walking in a Winter Wonderland Light Show. No local funds required. PEGBdRmCameras.pdf PEGBdRmCamerasQuote.pdf Parks CB_ SpragyroundProffer.pdf Parks CB Owens Easement.pdf Parks Surplus.pdf 2 The committee recommends approval. A.6.The WRAA Executive Director requests an Airport Capital Fund supplemental appropriation in the amount of $15,155 and a General Fund supplemental appropriation in the amount of $2,273. These amounts represent an increase in the eligible amount from a DOAV grant ($15,155), and the corresponding increase in the local share ($2,273). The committee recommends approval. A.7.The WRAA Executive Director requests an Airport Capital Fund supplemental appropriation in the amount of $13,496. This amount represents a contribution towards the terminal project. No local funds required. The committee recommends approval. A.8.The Sheriff requests a General Fund supplemental appropriation in the amount of $7,952.79. This amount represents 2 auto claims and will go toward the repairs of the vehicles. No local funds required. The committee recommends approval. A.9.The Sheriff requests a General Fund supplemental appropriation in the amount of $10,000. This amount represents a donation received and will go toward the building at the impound lot. No local funds required. The committee recommends approval. A.10.The Sheriff requests a General Fund supplemental appropriation in the amount of $29,914. This amount represents eSummons funds to be used for 25 printers and Parks Donation Winter Wonderland.pdf WRAA DOAV grant.pdf WRAA DOAV grant app request.pdf WRAA Delta donation.pdf SheriffAutoClaim.pdf SheriffDonation.pdf 3 mounts. No local funds required. The committee recommends approval. B.Items For Information Only B.1. The Government Finance Officers Association (GFOA) has awarded the County the Award for Outstanding Achievement in Popular Annual Financial Reporting for the June 30, 2022 Popular Annual Financial Report (PAFR). This is the 17th consecutive year that Frederick County has received this achievement. B.2.The Finance Director provides a Fund 10 Transfer Report for December 2023. B.3.The Finance Director provides a Fund 10 Transfer Report for January 2024. B.4.The Finance Director provides financial statements ending December 31, 2023. B.5.The Finance Director provides financial statements ending January 31, 2024. SheriffeSummons.pdf PAFR2022Award.pdf Txf DEC23.pdf Txf JAN24.pdf FinStmt DEC23.pdf FinStmt JAN24.pdf 4 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: AUDIT COMMITTEE Title: Robinson, Farmer, Cox Associates provides the Communication with Those Charged with Governance letter. Attachments: Frederick Governance Letter 2023.pdf 5 Communication with Those Charged with Governance To the Audit Committee County of Frederick, Virginia We have audited the financial statements of the governmental activities, business-type activities, the discretely presented component units, each major fund, and the aggregate remaining fund information of the County of Frederick (“County”) for the year ended June 30, 2023. Professional standards require that we provide you with information about our responsibilities under generally accepted auditing standards, Government Auditing Standards, and the Uniform Guidance, as well as certain information related to the planned scope and timing of our audit. We have communicated such information in our letter to you dated February 14, 2023. Professional standards also require that we communicate to you the following information related to our audit. Significant Audit Matters Qualitative Aspects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the County are described in Note 1 to the financial statements. No new accounting policies were adopted and the application of existing policies was not changed during 2023. We noted no transactions entered into by the governmental unit during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected. The most sensitive estimates affecting the County’s financial statements were: Management’s estimate of the depreciable lives of capital assets is based on the actual lives of prior assets and industry standards. We evaluated the key factors and assumptions used to develop the depreciable lives in determining that it is reasonable in relation to the financial statements taken as a whole. Management’s estimate of other post-employment benefit liabilities is based on the actuarial valuation performed by a qualified independent actuary. We evaluated the key factors and assumptions used to develop the estimated liability in determining that it is reasonable in relation to the financial statements taken as a whole. The financial statement disclosures are neutral, consistent, and clear. 6 Difficulties Encountered in Performing the Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected and Uncorrected Misstatements Professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. Management has corrected all such misstatements. In addition, none of the misstatements detected as a result of audit procedures and corrected by management were material, either individually or in the aggregate, to each opinion unit’s financial statements taken as a whole. Disagreements with Management For purposes of this letter, a disagreement with management is a disagreement on a financial accounting, reporting, or auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial statements or the auditors’ report. We are please to report that no such disagreements arose during the course of our audit. Management Representations We have requested certain representations from management that are included in the management representation letter dated January 29, 2024. Management Consultations with Other Independent Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to obtaining a “second opinion” on certain situations. If a consultation involves application of an accounting principle to the governmental unit’s financial statements or a determination of the type of auditor’s opinion that may be expressed on those statements, our professional standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Matters We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the governmental unit’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. This information is intended solely for the use of the Audit Committee and management of the County of Frederick and is not intended to be and should not be used by anyone other than these specified parties. Charlottesville, Virginia January 29, 2024 7 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The IT Director requests a General Fund supplemental appropriation in the amount of $142,208. This amount represents PEG funds to replace cameras and video control systems in the BOS Meeting Room and includes the option to add cameras to the back of the meeting room to broadcast work sessions. PEG funds are derived from cable franchise fees and can only be used for items related to the broadcasting of meetings. No local funds required. The committee recommends approval to include the option to add cameras to the back of the meeting room. Attachments: PEGBdRmCameras.pdf PEGBdRmCamerasQuote.pdf 8 COUNTY OF FREDERICK Information Technologies Scott Varner, Director of Information Technology svarner@fcva.us Voice 540.722.8261 M E M O To: Finance Committee From: Scott Varner, Director of Information Technology Subject: Request for PEG Funds Date: February 6, 2024 The Information Technology Department is requesting to use $142,208 in Peg Funds to replace the cameras and video control systems in the Board of Supervisors Meeting Room. This project will replace the legacy cameras in place and add one more camera to the main meeting space. The amount covers $126,328 for the hardware, software, and professional services. An additional $5,000 is included for any miscellaneous items that occur during implementation and $2,000 is included for repair of hardware nessesary for the broadcast of meetings. If the Board of Supervisors elects to add cameras to the back of the boardroom for covering work sessions, it would be an additional $8,880. If cameras are added for work sessions, there would be additional cost for the videographer that currently controls the cameras for Board of Supervisors and Planning Commission meetings.  Main Board Room Cameras and Video Control - $126,328  Miscellaneous - $5,000  Add on option – Additional Cameras for Work Sessions - $8,880  Repair of broadcast equipment - $2,000 Total - $142,208 The Peg Funds are funds derived from our Cable Franchise fees. The use of funds from the PEG Grant are narrow in scope and can only be used for items related to the broadcasting/streaming of meetings. Sincerely, Scott Varner Scott Varner County of Frederick Director of Information Technology 107 North Kent Street, Winchester, Virginia 22601-5039 9 Board Room Video and Audio Refresh Frederick CountyFrederick County 107 N. Kent Street Winchester,VA22601 August 24, 2023 4201 Park Place Court Glen Allen, VA DCJS License ID# 11-6608 SWaM Certificate: 680233 eVA Vendor ID: VS0000049227 VASCUPP Contract: C0002417 Quote#: Q23-1141 10 BOARDROOM SCOPE Provide and Install Replace the existing Broadcast video switcher and Crestron control system with newer, automated system design requiring less need for outside resources and expense to operate. Switcher stuff goes here Video Sources (3) QSC PTZ Cameras and (1) Panasonic PTZ Camera (located behind the Bench) Planar Touch interface in conjunction with Panasonic PTZ preset locations pre-programmed for quick camera setup will allow the operator to quickly select a camera and the presenters location, which will then force that camera to zoom in and focus to that pre-determined area. Camera control will also be available directly on the video switcher or by use of the QSys Touch screen. (1) HDMI from AVoIP sources SDI from KiPro rack unit for record playback (owner provided) Video Destinations SDI to Comcast encoder (owner provided) SDI to KiPro rack unit for recording (owner provided) SDI to OpenGear frame SDI-DA feeding remote displays (owner provided) AVoIP (Audio/Video over IP) will be used for all AV Transport Video Sources Broadcast Computer (owner provided) Chairman's seat Clerk's desk Presenter Podium (2) Back of the room HDMI Wall plates Video Destinations (1) Projector in the Main Room (1) Projector in the Rear Room Broadcast Video Switcher Audio Sources Dante feeds from Boardroom microphones Dante de-embed from broadcast SDI AVoIP audio feeds from all Video Sources Audio Destinations Dante Enabled Audio Amplifier to re-zoned room speakers (6) individual speaker runs in the front of the room (8) speakers on a single zone for the rear of the room Dante embed to broadcast SDI Additional Control via touch panels System on/off Projector(s) Projector Screen(s) Up/Down AV Muting Room volume control Broadcast reference monitor(s) volume control Source/Destination routing for Audio and Video Reused Items Version 1.1 August 24, 2023 Quote Valid Until September 29, 2023 2 of 6 11 AUDIO/VIDEO TOTAL $126,327.62 BOARDROOM TOTAL $126,327.62 Rack Projectors Delegate Mic system Display at broadcast desk Broadcast Desk AJA KiPro recorder AUDIO/VIDEO QTY MANUFACTURER MODEL DESCRIPTION MSRP AVSO DISCOUNT PRICE TOTAL 1 QSC CORE 610 $10,440.00 20%$8,400.00 $8,400.00 1 QSC SLQSE-610-P $1,040.00 20%$832.00 $832.00 1 QSC SLQUD-610-P $580.00 20%$464.00 $464.00 1 QSC SLDAN-64-P $1,785.00 20%$1,428.00 $1,428.00 4 QSC SLQBR-P $670.00 20%$536.00 $2,144.00 2 QSC TSC-101-G3 $3,170.00 20%$2,536.00 $5,072.00 2 QSC TSC-710t-G3 $455.00 20%$364.00 $728.00 1 QSC TSC-70-G3 $1,905.00 20%$1,524.00 $1,524.00 9 QSC NV-21-HU $2,250.00 20%$1,800.00 $16,200.00 2 Panelcrafters PC-G1791-E-P-W $52.26 20%$41.81 $83.62 1 QSC QIO-ML4i $730.00 20%$584.00 $584.00 1 QSC QIO-L4o $560.00 20%$448.00 $448.00 1 QSC QIO-GP8x8 $455.00 20%$364.00 $364.00 1 QSC QIO-S4 $455.00 20%$364.00 $364.00 1 QSC QIO-RMK $185.00 20%$148.00 $148.00 1 Netgear GSM4352PA-100NES $3,993.42 20%$3,194.74 $3,194.74 1 LEA Professional CONNECT 88D $3,858.00 20%$3,086.40 $3,086.40 1 AJA Video Systems OG-DANTE-12GAM $2,969.00 7%$2,761.17 $2,761.17 3 QSC NC-20x60 $5,545.00 20%$4,440.00 $13,320.00 1 Panasonic AW-UE100WPJ $8,350.00 10%$7,515.00 $7,515.00 1 Panasonic FEC-100WMW $215.00 10%$193.50 $193.50 1 Planar Systems PCT2265 $349.00 6%$328.06 $328.06 1 Ergotron ERGO-45-486-026 $258.00 10%$232.20 $232.20 1 Ergotron 98-110 $18.00 10%$16.20 $16.20 1 Lenovo 30H00015US $1,649.00 20%$1,319.20 $1,319.20 1 Extron Electronics 26-713-01 $130.00 20%$104.00 $104.00 1 Blackmagic Design CONVCMIC/SH03G/WPSU $105.00 20%$84.00 $84.00 1 Blackmagic Design ATEM2MECONHD $1,695.00 4%$1,627.20 $1,627.20 1 Skaarhoj AIR-FLY-PRO-N-V3B $4,799.00 4%$4,607.04 $4,607.04 1 Skaarhoj PTZ-PRO-J-V2 $2,999.00 4%$2,879.04 $2,879.04 1 Inogeni SDI2USB3 $525.00 11%$467.25 $467.25 1 Middle Atlantic U1V-4 $283.00 20%$226.40 $226.40 1 Middle Atlantic UPX-2000R-2 $2,700.00 20%$2,160.00 $2,160.00 1 Epitome Networks - Installation Parts $11,102.61 $11,102.61 1 Epitome Networks - VASCUPP Labor $0.00 $32,320.00 Network Core for AV&C proc… Q-SYS Core 610 Scripting Eng… Q-SYS Core 610 UCI Deploym… Q-SYS Software-based Dante… Q-SYS AV Bridging feature lic… Q-SYS 10.1” PoE Touch Scree… Table top mounting accesso… Q-SYS 7” PoE Touch Screen C… 4K60 4:4:4 Network Video En… SG FP W/HDMI F-F PIGTAIL WH… Q-SYS peripheral providing 4… Q-SYS peripheral providing 4… Q-SYS peripheral providing c… Q-SYS peripheral providing c… Rack mount tray and blankin… AV LINE M4300 48 port PoE+ … 8 Channel x 80 watt @ 4Ω, 8Ω… openGear Dual 12G-SDI/DAN… 20x Optical Zoom 60° Horizo… 24X FULL NDI/NDI HX SRT 4K6… AW-UE100W FEC MOUNTS WH… Helium 22in wide black zero… Ergotron 45-486-026 Mounti… GROMMET MOUNT FOR MXV … ThinkStation P3 Tiny Workst… DPM-HDF/0.5 4K PLUS Displa… Micro Converter SDI to HDMI… Blackmagic Design ATEM 2 M… Air Fly Pro w/NKK Buttons an… PTZ Pro w/Hall Effect Joystick SDI2USB3 1SP VENTED SHELF 4PK 2000VA 120V UPS LOCAL BAN… Misc parts, cables, wall plate… Version 1.1 August 24, 2023 Quote Valid Until September 29, 2023 3 of 6 12 AUDIO/VIDEO TOTAL $8,880.00 SHIPPING AND TAXES $0.00 SUMMARY EQUIPMENT TOTAL $8,880.00 LABOR $0.00 SHIPPING $0.00 TAX $0.00 OPTION | REAR ROOM CAMERAS TOTAL +$8,880.00 OPTION | REAR ROOM CAMERAS SCOPE Addition of two more QSC cameras to rear room areas. AUDIO/VIDEO QTY MANUFACTURER MODEL DESCRIPTION MSRP AVSO DISCOUNT PRICE TOTAL 2 QSC NC-20x60 $5,545.00 20%$4,440.00 $8,880.0020x Optical Zoom 60° Horizo… Version 1.1 August 24, 2023 Quote Valid Until September 29, 2023 4 of 6 13 AUDIO/VIDEO TOTAL $15,256.58 SHIPPING AND TAXES $0.00 SUMMARY EQUIPMENT TOTAL $13,016.58 LABOR $2,240.00 SHIPPING $0.00 TAX $0.00 OPTION | REAR ROOM VOICE LIFT WIRELESS MIC REPLACEMENT TOTAL +$15,256.58 OPTION | REAR ROOM VOICE LIFT WIRELESS MIC REPLACEMENT SCOPE Replace existing wireless microphone system with in ceiling multi-channel microphone system. Multi-zone ceiling speakers will be added to provide voice lift inside the space taking microphone pickup from one side of the room and projecting it out the speakers on the other side of the room. AUDIO/VIDEO QTY MANUFACTURER MODEL DESCRIPTION MSRP AVSO DISCOUNT PRICE TOTAL 1 LEA Professional CONNECT 88D $3,858.00 20%$3,086.40 $3,086.40 12 QSC AC-C6T $157.00 20%$125.60 $1,507.20 2 Shure MXA920W-S $4,732.00 20%$3,785.60 $7,571.20 1 Epitome Networks - Installation Parts $851.78 $851.78 1 Epitome Networks - VASCUPP Labor $0.00 $2,240.00 8 Channel x 80 watt @ 4Ω, 8Ω… 6.5" Two-way ceiling speake… Ceiling Array Microphone, Sq… Misc parts, cables, wall plate… Version 1.1 August 24, 2023 Quote Valid Until September 29, 2023 5 of 6 14 PAYMENT SCHEDULE To be determined EQUIPMENT TOTAL $94,007.62 LABOR TOTAL $32,320.00 SUBTOTAL $126,327.62 TOTAL TAX $0.00 PROJECT TOTAL $126,327.62 OPTION | REAR ROOM CAMERAS +$8,880.00 OPTION | REAR ROOM VOICE LIFT WIRELESS MIC REPLACEMENT +$15,256.58 ACCEPTANCE FINANCIAL OPTIONS Not included in the project total. Initial to the left to add the option to your project. Version 1.1 August 24, 2023 Quote Valid Until September 29, 2023 6 of 6 15 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $300,000. This amount represents proffer funds for the install of an outdoor spray-ground facility at Clearbrook Park. This item has been approved by the P&R Commission. The committee recommends approval. Attachments: Parks CB_ SpragyroundProffer.pdf 16 approved P&R Commission 11/21/23 17 18 19 20 21 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $10,500. This amount represents funds for an easement and will be used to purchase a snow blower that attaches to a Ventrac mower. No local funds required. The committee recommends approval. Attachments: Parks CB Owens Easement.pdf 22 c.s. 12/5/23 Per SH: To purchase a snow blower that attaches to one of our existing Ventrac mowers. 23 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $3,364. These funds represent proceeds from the sale of salvaged equipment and will be use to repair a vehicle headliner. No local funds required. The committee recommends approval. Attachments: Parks Surplus.pdf 24 25 26 27 28 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Parks & Recreation Director requests a General Fund supplemental appropriation in the amount of $46,000. This amount represents a donation for enhancements to the Walking in a Winter Wonderland Light Show. No local funds required. The committee recommends approval. Attachments: Parks Donation Winter Wonderland.pdf 29 30 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The WRAA Executive Director requests an Airport Capital Fund supplemental appropriation in the amount of $15,155 and a General Fund supplemental appropriation in the amount of $2,273. These amounts represent an increase in the eligible amount from a DOAV grant ($15,155), and the corresponding increase in the local share ($2,273). The committee recommends approval. Attachments: WRAA DOAV grant.pdf WRAA DOAV grant app request.pdf 31 MEMORANDUM To: Cheryl Shiffler, Frederick County Finance Director From: Nick Sabo, Winchester Regional Airport Authority Executive Director Date: February 12, 2024 RE: Finance Committee Agenda Item | Supplemental Appropriation In its approved FY24 capital budget, the Winchester Regional Airport Authority (WRAA) has a project for public furniture for the new terminal building. The grant agency, Virginia Department of Aviation (DOAV), revised its formula and increased the amount eligible for a grant. To maximize the available grant, which reimburses 80% of project costs, the WRAA requests a supplemental appropriation in the amount of $15,155, including $2,273 in additional revenue from Frederick County. Project: Terminal Furniture (State Eligible) Source FY24 Budget Requested DOAV $40,320 $52,444 Fred Co $7,560 $9,833 City $2,520 $3,278 Total $50,400 $65,555 Expense: 4 - 085 - 081030 - 8801 - 000 - 057, $65,555 Revenue: 3 - 085 - 024040 - 0012, $52,444 Revenue: 3 - 085 - 019110 - 0009, $9,833 Revenue: 3 - 085 - 019110 - 0009, $3,278 We appreciate the support of Frederick County. Please advise if you have questions or need additional information. 32 Grant Application Request Form The Grant Application & Acceptance Policy, adopted by the Board of Supervisors on March 23,2016, outlines the policies for submitting grant applications on behalf of Frederick County and for the acceptance and appropriation of all grant awards. This policy applies to any Frederick County program, department or constitutional office preparing and submitting grant applications to agencies outside the County government for funds, materials or equipment to be received and administered by the County or by an agency for which the County acts as fiscal agent. Please refer to the policy flow chart on the back of this form to assist in determining the appropriate course of action. The policy in its entirety can be found on the Finance intranet page. Complete the information below and attach as the cover to all grant applications sent to the County Administrator for approval. Requesting Department Name of Grant Grantor Grant deadline for submission Total Amount of Anticipated Award Purpose of grant (summary) Grant approved through budget process? (Yes/No) Local Match Requirement (Yes/No) Amount͗ If yes, Source(s) & amount(s) of local match (fin comm/BOS approval required if match requires a budget amendment) Other associated costs Continuing obligation and cost (fin comm/BOS approval required) Addition of Staff and cost (Yes/No) (fin comm/BOS approval required)How many? Total cost, including fringes͗ Revenue and Expenditure codes & amounts Department Contact (name, email, phone) Department Head approval to apply for grant Date BOS approval date (if applicable) Finance review of grant policy compliance Date County Administrator approval to apply for grant Date Notes: ϭͬϭϱͬϮϬϭϵ Winchester Regional Airport Terminal Furniture Virginia Department of Aviation 02/29/2024 $ 65,555.00 Furniture for public spaces in new terminal building Yes Yes $ 13,111.00 City $3,278 Frederick County $9,833 Other furniture needs will be borne by WRAA debt associated with the terminal project n/a No Expense: 4 - 085 - 081030 - 8801 - 000 - 057, $65,555 Revenue: 3 - 085 - 024040 - 0012, $52,444 Revenue: 3 - 085 - 019110 - 0009, $9,833 Revenue: 3 - 085 - 019110 - 0009, $3,278 Nick Sabo, nsabo@flyokv.com, 540-662-5786 Nick Sabo Digitally signed by Nick Sabo Date: 2024.02.14 09:36:43 -05'00'02/14/2024 n/a approved through budget Sharon Kibler Digitally signed by Sharon Kibler Date: 2024.02.14 10:17:57 -05'00'02/14/2024 Michael Bollhoefer Digitally signed by Michael Bollhoefer Date: 2024.02.14 12:17:52 -05'00' Amounts revised 2/2024 to add $15,155. Revision S/A to Fin Cmte 2/21/24. 33 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The WRAA Executive Director requests an Airport Capital Fund supplemental appropriation in the amount of $13,496. This amount represents a contribution towards the terminal project. No local funds required. The committee recommends approval. Attachments: WRAA Delta donation.pdf 34 MEMORANDUM To: Cheryl Shiffler, Frederick County Finance Director From: Nick Sabo, Winchester Regional Airport Authority Executive Director Date: February 14, 2024 RE: Finance Committee Agenda Item | Appropriation of Funds The Winchester Regional Airport Authority (WRAA) received a contribution from Delta Airport Consultants towards the terminal project. Request appropriation of these funds as shown below. No local funds required. Expense: 4 - 085 - 081030 - 8801 - 000 - 057, $13,496 Revenue: 3 - 085 - 018990 - 0010, $13,496 We appreciate the support of Frederick County. Please advise if you have questions or need additional information. 35 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Sheriff requests a General Fund supplemental appropriation in the amount of $7,952.79. This amount represents 2 auto claims and will go toward the repairs of the vehicles. No local funds required. The committee recommends approval. Attachments: SheriffAutoClaim.pdf 36 3-010-018990-0001 c.s. 11/29/23 & 12/21/23 37 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Sheriff requests a General Fund supplemental appropriation in the amount of $10,000. This amount represents a donation received and will go toward the building at the impound lot. No local funds required. The committee recommends approval. Attachments: SheriffDonation.pdf 38 c.s. 12/2/23 39 40 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Action Items Title: The Sheriff requests a General Fund supplemental appropriation in the amount of $29,914. This amount represents eSummons funds to be used for 25 printers and mounts. No local funds required. The committee recommends approval. Attachments: SheriffeSummons.pdf 41 42 43 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Items For Information Only Title: The Government Finance Officers Association (GFOA) has awarded the County the Award for Outstanding Achievement in Popular Annual Financial Reporting for the June 30, 2022 Popular Annual Financial Report (PAFR). This is the 17th consecutive year that Frederick County has received this achievement. Attachments: PAFR2022Award.pdf 44 FOR IMMEDIATE RELEASE 11/10/2023 For more information contact: Michele Mark Levine, Director/TSC Phone: (312) 977-9700 Fax: (312) 977-4806 Email: mlevine@gfoa.org (Chicago, Illinois)—Government Finance Officers Association is pleased to announce that County of Frederick has received GFOA’s Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR Award) for its Popular Annual Financial Report for the fiscal year ended June 30, 2022. The Award represents a significant achievement by the entity. In order to be eligible for the PAFR Award, a government must also submit its annual comprehensive financial report to GFOA’s Certificate of Achievement for Excellence in Financial Reporting Program and receive the Certificate for the current fiscal year. Each eligible report is reviewed by judges who evaluate the report based on the following categories: reader appeal, understandability, distribution methods, creativity and other elements. Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve. 45 11/10/2023 Cheryl Shiffler Finance Director County of Frederick Dear Cheryl: A panel of independent reviewers has completed its examination of your Popular Annual Financial Report (PAFR) submitted to Government Finance Officers Association (GFOA). We are pleased to notify you that your PAFR for the fiscal year ended June 30, 2022, has substantially met the requirements of the PAFR Program. In the absence of authoritative standards governing the presentation, these requirements are based on an evaluation of information presented, reader appeal, understandability, distribution, and other elements (such as whether the PAFR is a notable achievement for the government given the government’s type and size, and the PAFR’s creativity and usefulness). The report received a grade of either partially satisfies, good or excellent in each category weighted at 20% or higher from at least two of the three judges. Each entity submitting a report to the PAFR Program is provided with confidential comments and suggestions for possible improvements in the subsequent year’s presentation. Your comments and suggestions, as well as a “Scoring Summary” form, are included in your electronic award packet. We urge you to carefully consider the suggestions offered by our reviewers as you prepare your next PAFR. You will also find a PAFR Award enclosed with these results. A current holder of a PAFR Award may include a reproduction of the Award in its immediately subsequent PAFR. A camera-ready copy of your Award is enclosed for that purpose. If you reproduce your Award in your next report, please refer to the enclosed instructions. We hope that appropriate publicity will be given to this notable achievement. A sample news release has been enclosed. First-time recipients will receive a plaque in approximately 10 weeks. The PAFR Award is valid for one year. To continue your participation in the program, it will be necessary for you to submit your next PAFR to GFOA within six months of the end of your entity’s fiscal year. We appreciate your participation in this program, and we sincerely hope that your example will encourage others in their efforts to achieve and maintain a well-presented PAFR. If we can be of further assistance, please do not hesitate to contact the PAFR Program staff in the Technical Services Center at (312) 977- 9700. Sincerely, Michele Mark Levine Director, Technical Services Center 46 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Items For Information Only Title: The Finance Director provides a Fund 10 Transfer Report for December 2023. Attachments: Txf DEC23.pdf 47 BUDGET TRANSFERS DECEMBER 2023 DATE DEPARTMENT/GENERAL FUND REASON FOR TRANSFER FROM TO ACCT CODE AMOUNT 12/1/2023 CLERK OF THE CIRCUIT COURT SALARY INCREASES 12/23 2106 1001 000 004 1,031.57 CLERK OF THE CIRCUIT COURT 2106 1001 000 003 895.37 CLERK OF THE CIRCUIT COURT 2106 1001 000 039 895.37 TRANSFERS/CONTINGENCY 9301 5807 000 002 (2,822.31) 12/14/2023 RECREATION CENTERS AND PLAYGROUNDS ADDITIONAL WINTER WONDERLAND FOR RESALE ITEMS 7104 5412 000 000 (520.00) RECREATION CENTERS AND PLAYGROUNDS 7104 5414 000 000 520.00 12/14/2023 JUVENILE COURT PROBATION TO COVER OFFICE SUPPLIES REMAINDER OF FISCAL YEAR 3303 3002 000 004 (2,000.00) JUVENILE COURT PROBATION 3303 5401 000 000 2,000.00 12/14/2023 COMMONWEALTH'S ATTORNEY TO FUND BOOKS AND SUBSCRIPTIONS 2201 5401 000 000 (1,000.00) COMMONWEALTH'S ATTORNEY 2201 5411 000 000 1,000.00 12/20/2023 TREASURER SALARY INCREASES 12/23 1213 1001 000 038 (2,708.00) TREASURER 1213 1001 000 039 2,708.00 TREASURER 1213 1001 000 038 (2,708.00) TREASURER 1213 1001 000 057 2,708.00 FINANCE 1214 1001 000 003 8,730.00 ELECTORAL BOARD AND OFFICIALS 1301 3010 000 000 (379.00) ELECTORAL BOARD AND OFFICIALS 1301 1006 000 001 379.00 REGISTRAR 1302 5204 000 000 (1,231.00) REGISTRAR 1302 1001 000 001 1,231.00 SHERIFF 3102 1002 000 074 (3,572.00) SHERIFF 3102 1001 000 060 3,572.00 SHERIFF 3102 1002 000 076 (3,148.00) SHERIFF 3102 1001 000 065 3,148.00 SHERIFF 3102 1007 000 001 (2,864.00) SHERIFF 3102 1001 000 076 2,864.00 SHERIFF 3102 1007 000 001 (2,828.00) SHERIFF 3102 1002 000 092 2,828.00 SHERIFF 3102 1007 000 001 (2,828.00) SHERIFF 3102 1001 000 013 2,828.00 SHERIFF 3102 1007 000 001 (2,828.00) SHERIFF 3102 1002 000 090 2,828.00 FIRE AND RESCUE 3505 1007 000 001 (41.00) FIRE AND RESCUE 3505 1001 000 152 41.00 FIRE AND RESCUE 3505 1007 000 001 (2,438.00) FIRE AND RESCUE 3505 1001 000 141 2,438.00 FIRE AND RESCUE 3505 1007 000 001 (5,927.00) FIRE AND RESCUE 3505 1001 000 148 5,927.00 TRANSFERS/CONTINGENCY 9301 5807 000 001 (8,730.00) 12/26/2023 COUNTY ADMINISTRATION FIRST AID CABINETS AT COUNTY ADMINISTRATION 1201 3002 000 000 (3,500.00) COUNTY ADMINISTRATION 1201 5401 000 000 3,500.00 12/27/2023 RECREATION CENTERS AND PLAYGROUNDS TO COVER OVERTIME COSTS 7104 1003 000 000 (2,089.46) RECREATION CENTERS AND PLAYGROUNDS 7104 1005 000 000 2,089.46 CLEARBROOK PARK 7109 1003 000 000 (56.80) CLEARBROOK PARK 7109 1005 000 001 56.80 12/28/2023 PUBLIC SAFETY COMMUNICATION PAY FOR EXECUTIVE SEARCH 3506 5506 000 000 (8,750.00) PUBLIC SAFETY COMMUNICATION 3506 3002 000 000 8,750.00 1/2/2024 PUBLIC SAFETY COMMUNICATION COVER ANNUAL MEMBERSHIP DUES 3506 5506 000 000 (144.00) PUBLIC SAFETY COMMUNICATION 3506 5801 000 000 144.00 1/2/2024 RECREATION CENTERS AND PLAYGROUNDS TO COVER WINTER WONDERLAND ITEMS FOR RESALE 7104 5412 000 000 (1,504.40) RECREATION CENTERS AND PLAYGROUNDS 7104 5414 000 000 1,504.40 1/2/2024 PUBLIC SAFETY COMMUNICATION TRANSFER CURRENT CONTRACT 3506 3010 000 000 (20,382.76) PUBLIC SAFETY COMMUNICATION 3506 9005 000 000 20,382.76 1/2/2024 HUMAN RESOURCES TRANSFER TO COVER OVERTIME 1203 5401 000 000 (805.00) HUMAN RESOURCES 1203 1005 000 000 805.00 1/3/2024 INFORMATION TECHNOLOGY RECLASS HELP DESK MANAGE ENGINE 1220 3005 000 000 (48,025.44) INFORMATION TECHNOLOGY 1220 9005 000 000 48,025.44 1/4/2024 INFORMATION TECHNOLOGY RECLASS MAINTENANCE SERVICE CONTRACTS 1220 3005 000 000 (365,398.06) INFORMATION TECHNOLOGY 1220 9005 000 000 365,398.06 MANAGEMENT INFORMATION SYSTEMS 1222 3005 000 000 (65,551.68) MANAGEMENT INFORMATION SYSTEMS 1222 9005 000 000 65,551.68 1/4/2024 INFORMATION TECHNOLOGY RECLASS OTHER CONTRACTUAL SERVICE 1220 3010 000 000 (320,244.84) INFORMATION TECHNOLOGY 1220 9005 000 000 320,244.84 1/4/2024 MANAGEMENT INFORMATION SYSTEMS TO COVER INVOICE FOR BAI 1222 5401 000 000 (4,000.00) MANAGEMENT INFORMATION SYSTEMS 1222 3002 000 000 4,000.00 1/9/2024 DEPARTMENT OF SOCIAL SERVICES TO ABSORB ADDITIONAL OVERTIME 5316 1001 000 000 (50,000.00) DEPARTMENT OF SOCIAL SERVICES 5316 1005 000 000 50,000.00 48 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Items For Information Only Title: The Finance Director provides a Fund 10 Transfer Report for January 2024. Attachments: Txf JAN24.pdf 49 BUDGET TRANSFERS JANUARY 2024 DATE DEPARTMENT/GENERAL FUND REASON FOR TRANSFER FROM TO ACCT CODE AMOUNT 1/12/2024 JUVENILE AND DOMESTIC COURT TRANSFER FUNDS TO COVER OTHER CONTRACTUAL 2105 9000 000 000 (2,678.00) JUVENILE AND DOMESTIC COURT 2105 3010 000 000 2,678.00 1/12/2024 ELECTORAL BOARD AND OFFICIALS FOOD FOR WEEKLY MEETING 1301 5401 000 000 (29.45) ELECTORAL BOARD AND OFFICIALS 1301 5413 000 999 29.45 1/18/2024 CLEARBROOK PARK TO COVER VEHICLE REPAIR 7109 3004 000 002 1,904.38 SHERANDO PARK 7110 8001 000 000 (1,904.38) 1/23/2024 PUBLIC SAFETY COMMUNICATIONS WINCHESTER STAR ANNUAL SUBSCRIPTION 3506 5413 000 000 (45.00) PUBLIC SAFETY COMMUNICATIONS 3506 5411 000 000 45.00 1/25/2024 ELECTORAL BOARD AND OFFICIALS FOOD FOR WEEKLY MEETING 1301 5401 000 000 (49.27) ELECTORAL BOARD AND OFFICIALS 1301 5413 000 000 49.27 1/29/2024 CLERK OF THE CIRCUIT COURT JANUARY PAYROLL INCREASES 2106 1001 000 040 15,560.66 TRANSFERS/CONTINGENCY 9301 5807 000 001 (15,560.66) SHERIFF 3102 1001 000 073 (1,977.00) SHERIFF 3102 1001 000 079 1,977.00 SHERIFF 3102 1002 000 076 (4,731.00) SHERIFF 3102 1001 000 056 4,731.00 INSPECTIONS 3401 1005 000 000 (2,882.00) INSPECTIONS 3401 1001 000 014 2,882.00 FIRE AND RESCUE 3505 1007 000 001 (1,360.00) FIRE AND RESCUE 3505 1001 000 042 1,360.00 FIRE AND RESCUE 3505 1007 000 001 (2,429.00) FIRE AND RESCUE 3505 1001 000 083 2,429.00 FIRE AND RESCUE 3505 1007 000 001 (2,487.00) FIRE AND RESCUE 3505 1001 000 107 2,487.00 1/30/2024 RECREATION CENTERS AND PLAYGROUNDS TO COVER MERCHANDISE FOR RESALE/WINTER WONDERLAND 7104 5412 000 000 (3,616.00) RECREATION CENTERS AND PLAYGROUNDS 7104 5414 000 000 3,616.00 1/31/2024 COUNTY ADMINISTRATOR DEHAVEN LUNCH 1201 5506 000 000 (715.00) COUNTY ADMINISTRATOR 1201 5413 000 000 715.00 COUNTY ADMINISTRATOR 1201 5506 000 000 (65.00) COUNTY ADMINISTRATOR 1201 5413 000 000 65.00 2/1/2024 INFORMATION TECHNOLOGY RECLASS LICENSES FOR MANAGEENGINE 1220 3005 000 000 (4,568.00) INFORMATION TECHNOLOGY 1220 9005 000 000 4,568.00 2/5/2024 PLANNING COVER SUBSCRIPTION PRODUCT CHARGES 8101 5413 000 000 (1,600.00) PLANNING 8101 5411 000 000 1,600.00 50 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Items For Information Only Title: The Finance Director provides financial statements ending December 31, 2023. Attachments: FinStmt DEC23.pdf 51 County of FrederickGeneral FundDecember 2023 ASSETS FY24 FY23 Increase12/31/23 12/31/22 (Decrease) Cash and Cash Equivalents 67,674,714.55 43,844,095.89 23,830,618.66 *A Petty Cash 1,555.00 1,555.00 0.00 Receivables: Receivable Arrears Pay Deferred 332,372.12 387,941.05 (55,568.93) Taxes, Commonwealth,Reimb.P/P 13,581,683.61 31,136,682.77 (17,554,999.16) Streetlights 1,075.16 2,404.83 (1,329.67) Miscellaneous Charges 39,596.21 32,914.70 6,681.51 Prepaid Postage 1,015.26 4,476.25 (3,460.99) GL controls (est.rev / est. exp)(15,933,336.56)(28,211,227.67)12,277,891.11 (1) Attached TOTAL ASSETS 65,698,675.35 47,198,842.82 18,499,832.53 LIABILITIES Accrued Wages Payable 1,774,175.66 1,611,803.87 162,371.79 Performance Bonds Payable 1,565,220.92 1,480,501.24 84,719.68 Taxes Collected in Advance 272,271.05 567,466.28 (295,195.23)*B Deferred Revenue 13,512,267.78 31,226,871.82 (17,714,604.04)*C TOTAL LIABILITIES 17,123,935.41 34,886,643.21 (17,762,707.80) EQUITY Fund Balance Reserved: Encumbrance General Fund 7,026,884.65 2,091,303.19 4,935,581.46 (2) Attached Conservation Easement 4,779.85 4,779.85 0.00 Peg Grant 568,708.44 564,942.58 3,765.86 Prepaid Items 949.63 949.63 0.00 Advances 657,083.23 657,083.23 0.00 Opoid Settlement 380,655.34 0.00 380,655.34 Courthouse Fees 569,633.56 539,188.28 30,445.28 Animal Shelter 1,387,401.98 1,341,126.42 46,275.56 Sheriff's Reserve 1,000.00 1,000.00 0.00 Proffers 9,432,140.01 7,600,900.67 1,831,239.34 (3) Attached Parks Reserve 192,036.04 132,668.69 59,367.35 E-Summons Funds 210,512.29 216,272.75 (5,760.46) VDOT Revenue Sharing 0.00 436,270.00 (436,270.00)*D Undesignated Adjusted Fund Balance 28,142,954.92 (1,274,285.68)29,417,240.60 (4) Attached TOTAL EQUITY 48,574,739.94 12,312,199.61 36,262,540.33 TOTAL LIAB. & EQUITY 65,698,675.35 47,198,842.82 18,499,832.53 NOTES:*A Cash increase includes increases in revenue, fund balance, and expenditures and a decrease in transfers. (refer to the comparative statement of revenue, expenditures, transfers, and fund balance).*B Prepayment of taxes.*C Deferred revenue includes taxes receivable, street lights, misc. charges, dog tags, and motor vehicle registration fees.*D Transferred to Transportation Fund for Renaissance. 52 BALANCE SHEET(1) GL Controls FY24 FY23 Inc/(Decrease) Estimated Revenue 245,296,963 232,708,712 12,588,252 Appropriations (135,978,891) (132,623,942) (3,354,949) Est. Transfers to Other Funds (132,278,293) (130,387,300) (1,890,993) Encumbrances 7,026,885 2,091,303 4,935,581 Total (15,933,337) (28,211,228) 12,277,891 (2) General Fund Purchase Orders 12/31/23Amount County Office Buildings 35,668.22 Generator Repair at Public Safety Building 9,950.00 Rooftop Air Handler Unit Access Platform CAB278,972.92 70 Ton High Efficiency Trane Roof Top Unit CAB Fire and Rescue 27,907.36 Lifepak Accessories 683.49 Uniforms and Boots174,315.04 (4) F-150 Crew Cabs 1,063,868.00 (2) All Poly 3,000 Gallon Tankers 34,752.32 Emergency Lighting800,482.00 (2) 2023 Horton Ambulances F-550 116,854.34 Stryker Items 189,924.00 (51) Diesel Exhaust Filtration Systems55,773.00 Hose, Pump, Aerial and Ground Ladder Testing Inspections 66,089.32 (2) 2024 Ford Broncos IT 849,490.00 PC Refresh for the Sheriff's office. 9,183.52 SQL License for CAMA7,200.00 Upgrade Adaptive Security Appliance Firewalls for the Kent Building 17,070.71 Camera System Install DSSParks and Recreation 45,763.36 Toro Multi Pro Spray Rig31,293.12 Uniforms and Shirts 276,953.00 Main Playground Replacement Clearbrook Park86,324.83 Sherando Park Abex Playground Replacement Installed19,346.18 New Hanwha Camera System for Sherando Park 62,881.00 Sherando Pickleball Courts 6,067.20 (2) Ventrac Blower Attachments43,931.84 (2) John Deere Gator Utility 67,016.00 (4) Hustler Mowers 9,841.39 (2) Diving Boards3,490.50 Sherando Park Field Leveling 6,454.80 (2) Ventrac Blower Attachments 19,645.42 Athletic Field Line Painter Brite Striper22,459.50 Glue Laminate Structure Shelter Sherando Park Public Safety 6,728.40 Cab & Toolbox Accessories for 2023 Chevy Silverado Refuse Collection 50,928.76 Ford 4WD 250 SuperdutySheriff36,811.06 Body Armour and Carriers 21,705.06 Ammunition 6,448.00 Dry Suits for Diving899,626.31 Uplifting New Vehicles with Equipment 1,308,661.38 (30) Vehicles 10,474.90 (10) Levovo ThinkPad Computers & Docking Stations35,255.40 (15) Laptop&Printer Mounting Package200,224.00 (5) Police Pursuit Vehicles 10,369.00 Prisoner Transport and Prisoner Courthouse Safety and Security Tools and Tr Total 7,026,884.65 0 Designated(3)Proffer Information Other SCHOOLS PARKS FIRE & RESCUE Projects TOTAL Balance 12/31/2023 6,988,931.74 511,861.11 247,364.02 1,683,983.14 9,432,140.01Administration43,380.82 Bridges 17,014.32 Historic Preservation 129,000.00 Library 481,556.00Sheriff146,172.00 Solid Waste 12,000.00 Stop Lights 52,445.00Road Imp.&Transportation 802,415.00 Total Other Proffers 1,683,983.14 (4) Fund Balance Adjusted Beginning Balance 12/23 47,811,509.21 Revenue 12/23 117,758,500.78 Expenditures 12/23 (56,316,499.14) Transfers 12/23 (81,110,555.93) Ending Balance 12/31/23 28,142,954.92 53 County of FrederickComparative Statement of Revenues, Expendituresand Changes in Fund Balance December 2023 FY24 FY23 YTDREVENUES: 12/31/23 12/31/22 Actual Appropriated Actual Actual Variance General Property Taxes 160,510,000.00 72,414,744.03 54,092,802.22 18,321,941.81 (1) Other local taxes 52,354,691.00 15,764,942.29 15,439,166.38 325,775.91 (2) Permits & Privilege fees 2,425,205.00 1,421,552.20 2,195,171.49 (773,619.29)(3) Revenue from use of money and property 2,835,936.00 4,867,512.85 2,350,728.53 2,516,784.32 (4)Charges for Services 4,749,694.00 1,751,167.46 1,610,967.82 140,199.64Miscellaneous 535,971.36 496,484.24 575,826.46 (79,342.22) Recovered Costs 2,122,704.00 1,119,861.62 1,348,060.26 (228,198.64)(5) Proffers 0.00 1,854,235.24 943,500.22 910,735.02 (5) Intergovernmental: Commonwealth 13,937,658.00 12,983,410.41 17,649,893.60 (4,666,483.19)(6) Federal 768,118.00 27,604.73 10,735.50 16,869.23 (7)Transferred from County Capital 5,056,985.71 5,056,985.71 0.00 5,056,985.71 TOTAL REVENUES 245,296,963.07 117,758,500.78 96,216,852.48 21,541,648.30 EXPENDITURES: General Administration 19,362,925.81 10,118,879.54 14,106,491.25 (3,987,611.71) Judicial Administration 3,842,164.40 1,606,751.08 1,619,352.96 (12,601.88) Public Safety 64,541,416.44 29,711,546.66 25,391,603.28 4,319,943.38 Public Works 7,891,602.11 2,892,571.60 2,781,445.17 111,126.43Health and Welfare 13,138,598.00 5,376,720.91 4,969,671.43 407,049.48Education55,000.00 0.00 27,500.00 (27,500.00)Parks, Recreation, Culture 12,531,237.54 4,974,628.08 4,335,865.39 638,762.69 Community Development 2,710,270.62 1,635,401.27 1,503,007.02 132,394.25 TOTAL EXPENDITURES 124,073,214.92 56,316,499.14 54,734,936.50 1,581,562.64 (8) OTHER FINANCING SOURCES ( USES): Operating transfers from / to 144,183,969.36 81,110,555.93 87,915,186.84 (6,804,630.91)(9) Excess (deficiency)of revenues & othersources over expenditures & other uses (22,960,221.21)(19,668,554.29)(46,433,270.86)(26,764,716.57) Fund Balance per General Ledger 47,811,509.21 45,158,985.18 2,652,524.03 Fund Balance Adjusted to reflect 28,142,954.92 (1,274,285.68)29,417,240.60Income Statement 12/31/23 ` 54 (1)General Property Taxes FY24 FY23 Increase/Decrease Real Estate Taxes 37,915,208 29,839,522 8,075,686 Public Services 1,265,378 1,552,954 (287,576) Personal Property 32,023,627 21,698,919 10,324,708 Penalties and Interest 970,710 627,129 343,581 Credit Card Chgs./Delinq.Advertising 24,703 461 24,242 Adm.Fees For Liens&Distress 215,119 373,818 (158,699) 72,414,744 54,092,803 18,321,941 (2) Other Local Taxes Local Sales and Use Tax 7,403,039.61 7,220,764.76 182,274.85 Communications Sales Tax 295,056.07 315,656.31 (20,600.24) Utility Taxes 1,418,453.11 1,524,264.39 (105,811.28) Business Licenses 1,625,313.69 1,256,604.90 368,708.79 Auto Rental Tax 116,719.89 100,069.92 16,649.97 Motor Vehicle Licenses Fees 393,919.09 306,644.07 87,275.02 Recordation Taxes 1,124,235.45 1,320,704.40 (196,468.95) Meals Tax 2,783,267.87 2,751,287.91 31,979.96 Lodging Tax 589,610.94 630,299.90 (40,688.96) Street Lights 11,198.68 9,287.71 1,910.97 Star Fort Fees 4,127.89 3,582.11 545.78 Total 15,764,942.29 15,439,166.38 325,775.91 (3)Permits&Privileges Dog Licenses 9,306.00 15,217.00 (5,911.00) Land Use Application Fees 7,050.00 9,550.00 (2,500.00) Transfer Fees 1,775.47 1,813.72 (38.25) Development Review Fees 345,429.45 301,587.21 43,842.24 Building Permits 676,582.17 972,820.24 (296,238.07) *1 2% State Fees 8,629.11 22,234.44 (13,605.33) *1 Electrical Permits 78,147.00 546,067.00 (467,920.00) *1 Plumbing Permits 11,943.00 15,481.88 (3,538.88) Mechanical Permits 41,222.00 47,056.00 (5,834.00) Sign Permits 3,050.00 3,675.00 (625.00) Land Disturbance Permits 231,018.00 255,119.00 (24,101.00) *1 Septic Haulers Permit 200.00 - 200.00 Institutional Inspections Permit 4,000.00 3,150.00 850.00 Sewage Installation License 300.00 - 300.00 Transfer Development Rights 2,900.00 1,400.00 1,500.00 Total 1,421,552.20 2,195,171.49 (773,619.29) (4) Revenue from use of Money 4,415,105.48 2,276,672.51 2,138,432.97 Property 452,407.37 74,056.02 378,351.35 *2 Total 4,867,512.85 2,350,728.53 2,516,784.32 *1 Bartonsville Solar Permits issued 12/7/22 FY23. *2 FY24 includes the sale of Aylor $300,000.00. 55 (5) Recovered Costs FY24 FY23 Increase/Decrease 12/31/2023 12/31/2022 Recovered Costs Treasurer's Office 816.00 74,376.00 (73,560.00) Recovered Costs Social Services 20,318.44 21,428.80 (1,110.36) Purchasing Rebate 181,891.83 184,640.27 (2,748.44) Recovered Costs-IT/GIS 20,000.00 27,261.00 (7,261.00) Recovered Cost Fire & Rescue Fee Recovery 230,546.87 222,802.19 7,744.68 Recovered Cost Fire Companies 179,067.19 177,389.17 1,678.02 Recovered Costs Sheriff 73,150.00 74,680.00 (1,530.00) Recovered Cost FOIA 1,048.00 - 1,048.00 Reimbursement Circuit Court 3,974.02 4,081.91 (107.89) Reimbursement Public Works 25.00 204.52 (179.52) Clarke County Container Fees 30,701.35 33,456.40 (2,755.05) City of Winchester Container Fees 28,408.22 38,628.27 (10,220.05) Refuse Disposal Fees 52,934.52 75,275.55 (22,341.03) Recycling Revenue 17,999.18 5,416.10 12,583.08 Container Fees Bowman Library 1,043.33 1,498.30 (454.97) Restitution Other 1,563.39 786.84 776.55 Litter-Thon/Keep VA Beautiful Grant - 1,000.00 (1,000.00) Reimb.of Expenses Gen.District Court 10,932.37 9,364.11 1,568.26 Gasoline Tax Refund-VPA 8,109.63 15,359.67 (7,250.04) Reimb.Task Force 31,953.33 39,644.49 (7,691.16) Westminster Canterbury Lieu of Tax 21,001.80 19,692.00 1,309.80 Reimb. Elections 500.00 1,000.00 (500.00) Labor-Gounds Maint-Fred.co.Schools 149,689.26 265,789.20 (116,099.94) Comcast PEG Grant 32,995.50 37,893.50 (4,898.00) Fire School Programs 5,504.00 4,150.00 1,354.00 Clerks Reimbursement to County 3,334.52 3,155.84 178.68 Reimb. Sheriff 12,353.87 9,086.13 3,267.74 Subtotal Recovered Costs 1,119,861.62 1,348,060.26 (228,198.64) Proffers Fire Department 37,383.40 - 37,383.40 Proffers Other 150,000.00 - 150,000.00 Proffer Snowden Bridge 284,317.20 379,089.60 (94,772.40) Proffer Madison Village 104,496.00 476,238.00 (371,742.00) Proffer Freedom Manor - 5,750.00 (5,750.00) Proffer The Village at Middletown 206,817.64 82,422.62 124,395.02 Proffer Senseny Village 913,000.00 - 913,000.00 Proffer Winchester Landing 146,716.00 - 146,716.00 Abrams Chase Proffer 11,505.00 - 11,505.00 Subtotal Proffers 1,854,235.24 943,500.22 910,735.02 Grand Total 2,974,096.86 2,291,560.48 682,536.38 56 (6) Commonwealth Revenue FY24 FY23 12/31/2023 12/31/2022 Increase/Decrease Motor Vehicle Carriers Tax 42,978.82 39,898.80 3,080.02 Mobile Home Titling Tax 79,254.00 90,174.40 (10,920.40) P/P State Reimbursement 6,526,528.18 6,526,528.18 - Shared Expenses Comm.Atty.286,128.83 269,255.67 16,873.16 Shared Expenses Sheriff 1,410,680.84 1,314,750.25 95,930.59 Shared Expenses Comm.of Rev.123,646.34 116,461.63 7,184.71 Shared Expenses Treasurer 96,285.23 90,376.08 5,909.15 Shared Expenses Clerk 236,508.60 231,166.75 5,341.85 Public Assistance Grants 3,112,821.54 2,965,399.74 147,421.80 Litter Control Grant 33,510.00 - 33,510.00 Emergency Services Fire Program 396,432.00 353,258.00 43,174.00 Other Revenue From The Commonwealth 1,224.56 825.40 399.16 Four-For-Life Funds - 101,536.24 (101,536.24) DMV Grant Funding 13,984.99 7,367.64 6,617.35 State Grant Emergency Services 58,922.13 82,927.74 (24,005.61) Sheriff's State Grants 29,837.50 82,320.00 (52,482.50) Parks State Grants 36,048.55 5,766.00 30,282.55 JJC Grant Juvenile Justice 32,090.00 66,430.00 (34,340.00) Rent/Lease Payments 129,663.90 115,599.18 14,064.72 State Reimb.Economic Development - 5,000,000.00 (5,000,000.00) *1 Spay/Neuter Assistance-State 1,099.15 - 1,099.15 Wireless 911 Grant 147,410.48 128,345.72 19,064.76 State Forfeited Asset Funds 1,470.13 9,158.71 (7,688.58) Victim Witness-Commonwealth Office 41,904.85 52,347.47 (10,442.62) State Funds Communications Center 144,979.79 - 144,979.79 Total 12,983,410.41 17,649,893.60 (4,666,483.19) *1 FY23 VA Dept. of Commerce EDA Incentive for Airport Terminal Project 57 County of Frederick General Fund December 31, 2023 (7) Federal Revenue FY24 FY23 Increase/Decrease Federal Forfeited Assets-DOJ 1,947.02 - 1,947.02 Housing Illegal Aliens-Federal 20,998.00 - 20,998.00 Federal Funds Sheriff 4,659.71 10,735.50 (6,075.79) Total 27,604.73 10,735.50 16,869.23 (8) Expenditures Expenditures increased $1.6 million. General Administration decreased $4 million and reflects the $4.6 million PP Rebate in FY23. Public Safety increased $4.3 million and includes an increase of $674,235 in salaries and fringes for the Sheriff’s office and $871,871 for Fire and Rescue. Additionally, the timing of the third quarter Jail contribution for $1.7 million 12/23 FY24 compared to 1/23 FY23. Transfers Decreased $6,804,630.91. Chart below: (9) Transfers Increased $6,804,630.91 FY24 FY23 Increase/Decrease Transfer to School Operating Fund 54,370,861.14 48,829,536.16 5,541,324.98 *1 Transfer to Debt Service Schools 9,038,459.00 9,038,459.00 - Transfer to Transportation Fund - 7,988,875.00 (7,988,875.00) Transfer to Debt Service County 1,498,034.34 1,469,086.65 28,947.69 *2 Transfer to School Operating Capital 877,282.00 1,023,546.00 (146,264.00) *3 Operational Transfers (109,514.12) (23,806.93) (85,707.19) Reserve for Merit/COLA Increases 452.57 2,868.96 (2,416.39) Reserve for Capital 15,434,981.00 19,586,622.00 (4,151,641.00) *4 TOTAL 81,110,555.93 87,915,186.84 (6,804,630.91) *1 C/F School Encumbrances FY24 $2,184,109.24 and $178,783.90 for C/F FY23 unrestricted grant funds. Additionally, $52,007,968.00 for half of the School Operating. FY23 includes $836,679.21 C/F Encumbrances, $266,148.45 unspent restricted funds and $47,726,708.50 for half of the School Operating. *2 Payments include City of Winchester for Courtroom, Roof, and HVAC Projects, Millwood and Roundhill F.D. , Public Safety Building and Animal Shelter. *3 C/F FY23 unspent unobligated School Operating funds for the replacement of fire alarms at 5 locations $877,282.00. *4 Capital Funding Policy per budget resolution from the General Fund to the BOS Capital Fund. This calculation is the amount in the unreserved fund balance greater than 20% of the required operating reserve. These excess funds are transferred to the Capital Fund. 58 County of Frederick FUND 11 NORTHWESTERN REGIONAL ADULT DETENTION CENTER December 31, 2023 ASSETS FY24 FY23 Increase 12/31/23 12/31/22 (Decrease) Cash 14,037,840.05 11,280,674.32 2,757,165.73 *1 Receivable Arrears Pay Deferred 91,642.69 99,351.73 (7,709.04) GL controls(est.rev/est.exp)(2,922,866.47)(1,196,107.26)(1,726,759.21) TOTAL ASSETS 11,206,616.27 10,183,918.79 1,022,697.48 LIABILITIES Accrued Wages Payable 511,249.96 442,389.90 68,860.06 Accrued Operating Reserve Costs 3,217,072.54 3,048,824.76 168,247.78 TOTAL LIABILITIES 3,728,322.50 3,491,214.66 237,107.84 EQUITY Fund Balance Reserved Encumbrances 545,457.64 225,115.08 320,342.56 Undesignated Fund Balance 6,932,836.13 6,467,589.05 465,247.08 *2 TOTAL EQUITY 7,478,293.77 6,692,704.13 785,589.64 TOTAL LIABILITY & EQUITY 11,206,616.27 10,183,918.79 1,022,697.48 NOTES: *1 Cash increased $2,757,165.73. Refer to the following page for comparative statement of revenue, expenditures and changes in fund balance.*2 Fund balance increased $465,247.08. The beginning balance was $8,232,884.88 and includes adjusting entries, budget controls($1,911,500), emergency replacement of the security system($1,115,808), and the year to date revenue less expenditues of $1,727,259.25. 59 County of Frederick Comparative Statement of Revenues, Expenditures and Changes in Fund Balance December 31, 2023 FUND 11 NORTHWESTERN REGIONAL ADULT DETENTION CENTER FY24 FY23 REVENUES:12/31/23 12/31/22 YTD Actual Appropriated Actual Actual Variance Credit Card Probation - 175.98 242.02 (66.04) Interest 10,000.00 114,275.91 47,139.16 67,136.75 Salvage and Surplus 10,300.00 10,300.00 - 10,300.00 Supervision Fees 42,974.00 9,600.00 11,548.62 (1,948.62) Drug Testing Fees - 30.00 240.00 (210.00) Work Release Fees 328,000.00 131,121.02 139,285.32 (8,164.30) Federal Bureau Of Prisons 0.00 660.00 825.00 (165.00) Local Contributions 8,367,458.00 6,275,593.50 6,825,633.75 (550,040.25) Miscellaneous 18,000.00 10,509.21 11,293.14 (783.93) Phone Commissions 555,000.00 276,963.00 152,866.40 124,096.60 Food & Staff Reimbursement 68,000.00 46,695.38 20,566.33 26,129.05 Elec.Monitoring Part.Fees 40,000.00 17,196.82 1,219.72 15,977.10 Share of Jail Cost Commonwealth 1,379,774.00 299,091.32 328,232.16 (29,140.84) Medical & Health Reimb.40,000.00 18,173.55 21,144.21 (2,970.66) Shared Expenses CFW Jail 7,795,344.00 3,087,339.64 2,673,391.58 413,948.06 State Grants 507,827.00 241,816.00 69,879.00 171,937.00 DOC Medical Reimb.0.00 0.00 0.00 0.00 Local Offender Probation 411,727.00 107,046.00 97,136.00 9,910.00 Pretrial Expansion Grant 349,350.00 86,681.00 59,943.00 26,738.00 Transfer Funds/CARES/ARPA 0.00 0.00 Transfer From General Fund 7,110,636.00 5,332,977.00 3,629,376.50 1,703,600.50 TOTAL REVENUES 27,034,390.00 16,066,245.33 14,089,961.91 1,976,283.42 EXPENDITURES:30,502,714.11 14,338,986.08 11,902,659.93 2,436,326.15 Excess(Deficiency)of revenues over expenditures (3,468,324.11)1,727,259.25 2,187,301.98 (460,042.73) FUND BALANCE PER GENERAL LEDGER 5,205,576.88 4,280,287.07 925,289.81 Fund Balance Adjusted To Reflect 6,932,836.13 6,467,589.05 465,247.08Income Statement 12/31/23 60 County of Frederick Fund 12 Landfill December 31, 2023 FY24 FY23 Increase ASSETS 12/31/23 12/31/22 (Decrease) Cash 44,114,013.66 41,994,096.17 2,119,917.49 Receivables: Accounts Receivable 0.00 34,165.17 (34,165.17) Fees 767,554.30 544,846.53 222,707.77 *1 Receivable Arrears Pay Deferred 15,314.30 15,314.30 0.00 Allow.Uncollectible Fees (84,000.00)(84,000.00) 0.00 Fixed Assets 64,477,807.18 64,477,807.18 0.00 Accumulated Depreciation (41,291,783.00)(41,291,783.00) 0.00 GL controls(est.rev/est.exp)(2,482,150.73)(6,343,748.42) 3,861,597.69 TOTAL ASSETS 65,516,755.71 59,346,697.93 6,170,057.78 LIABILITIES Accounts Payable - - Accrued VAC.Pay and Comp TimePay 191,812.45 187,340.08 4,472.37 Accrued Remediation Costs 16,173,021.80 14,993,148.59 1,179,873.21 *2 Deferred Revenue Misc.Charges 0.00 34,165.17 (34,165.17) Accrued Wages Payable 64,353.42 57,194.70 7,158.72 TOTAL LIABILITIES 16,429,187.67 15,271,848.54 1,150,180.41 EQUITY Fund Balance Reserved:Encumbrances 952,071.27 716,952.00 235,119.27 Land Acquisition 1,048,000.00 1,048,000.00 0.00 New Development Costs 3,812,000.00 3,812,000.00 0.00 Environmental Project Costs 1,948,442.00 1,948,442.00 0.00 Equipment 3,050,000.00 3,050,000.00 0.00 Undesignated Fund Balance 38,277,054.77 33,499,455.39 4,777,599.38 *3 TOTAL EQUITY 49,087,568.04 44,074,849.39 4,777,599.38 TOTAL LIABILITY AND EQUITY 65,516,755.71 59,346,697.93 6,170,057.78 NOTES: *1 Landfill receivables increased $222,707.77. Landfill fees at 12/23 were $671,022.09 compared to $665,252.23 at 12/22 for an increase of $5,769.86. Delinquent fees at 12/23 were $149,121.54 compared to $72,767.11 at 12/22for an increase of $76,354.43. *2 Remediation increased $1,179,873.21 and includes $705,604.00 for post closure and $474,269.21 Interest. *3 The encumbrance balance at 12/31/23 was $952,071.27 and includes a 2024 Caterpillar, 826K compactor for$937,356.00 and a GEM 5000 portable gas extraction monitor for $14,715.27. *4 Fund balance increased $4,777,599.38. The beginning balance was $38,676,291.32 and includes adjusting entries, budget controls for FY24($583,247.00). C/F FY23($406,036.00) engineering costs for ongoing projectsC/F FY23($179,389) unspent funds for gas treatment skid maintenance, C/F FY23($2,265,550.00) unspent funds for the delayed diversion channel project, and $3,034,985.45 year to date revenue less expenses. 61 County of Frederick Comparative Statement of Revenue,Expenditures and Changes in Fund BalanceDecember 31, 2023 FUND 12 LANDFILL FY24 FY23 YTD REVENUES 12/31/23 12/31/22 Actual Appropriated Actual Actual Variance Credit Card Charges 0.00 5,593.47 2,401.99 3,191.48 Interest on Bank Deposits 300,000.00 649,205.45 221,909.08 427,296.37 Salvage and Surplus 140,000.00 94,335.90 92,540.72 1,795.18 Sanitary Landfill Fees 8,182,000.00 4,002,145.56 4,024,632.74 (22,487.18) Charges to County 0.00 318,134.27 337,756.54 (19,622.27) Charges to Winchester 0.00 101,067.14 110,553.67 (9,486.53) Tire Recycling 262,400.00 154,970.27 184,902.29 (29,932.02) Reg.Recycling Electronics 80,000.00 16,800.01 22,040.00 (5,239.99) Greenhouse Gas Credit Sales 10,000.00 61,172.24 64.00 61,108.24 Miscellaneous 0.00 160.00 0.00 160.00 Refunds Other 0.00 825.00 14,943.88 (14,118.88) Renewable Energy Credits 189,216.00 55,305.00 57,060.00 (1,755.00) Landfill Gas To Electricity 504,576.00 186,612.43 270,109.44 (83,497.01) 0.00 TOTAL REVENUES 9,668,192.00 5,646,326.74 5,338,914.35 307,412.39 Operating Expenditures 7,801,864.00 2,141,328.78 2,255,125.12 (113,796.34) Capital Expenditures 5,300,550.00 470,012.51 360,375.00 109,637.51 TOTAL Expenditures 13,102,414.00 2,611,341.29 2,615,500.12 (4,158.83) Excess(defiency)of revenue over expenditures (3,434,222.00)3,034,985.45 2,723,414.23 311,571.22 Fund Balance Per General Ledger 35,242,069.32 30,776,041.16 4,466,028.16 FUND BALANCE ADJUSTED 38,277,054.77 33,499,455.39 4,777,599.38 62 Finance Committee Agenda Item Detail Meeting Date: February 21, 2024 Agenda Section: Items For Information Only Title: The Finance Director provides financial statements ending January 31, 2024. Attachments: FinStmt JAN24.pdf 63 County of FrederickGeneral FundJANUARY 2024 ASSETS FY24 FY23 Increase1/31/24 1/31/23 (Decrease) Cash and Cash Equivalents 69,508,151.53 60,033,567.07 9,474,584.46 *A Petty Cash 1,555.00 1,555.00 0.00 Receivables: Receivable Arrears Pay Deferred 321,264.36 387,941.05 (66,676.69) Taxes, Commonwealth,Reimb.P/P 12,266,556.67 13,143,470.29 (876,913.62) Streetlights 985.16 963.11 22.05 Miscellaneous Charges 25,134.34 21,752.34 3,382.00 Prepaid Postage 1,080.77 4,686.32 (3,605.55) GL controls (est.rev / est. exp)(16,000,199.07)(28,524,492.13)12,524,293.06 (1) Attached TOTAL ASSETS 66,124,528.76 45,069,443.05 21,055,085.71 LIABILITIES Accrued Wages Payable 1,774,175.66 1,611,803.87 162,371.79 Performance Bonds Payable 1,565,234.22 1,457,138.47 108,095.75 Taxes Collected in Advance 401,880.12 819,134.95 (417,254.83)*B Deferred Revenue 12,182,589.43 13,221,055.72 (1,038,466.29)*C TOTAL LIABILITIES 15,923,879.43 17,109,133.01 (1,185,253.58) EQUITY Fund Balance Reserved: Encumbrance General Fund 6,960,022.14 1,778,738.73 5,181,283.41 (2) Attached Conservation Easement 4,779.85 4,779.85 0.00 Peg Grant 568,708.44 564,942.58 3,765.86 Prepaid Items 949.63 949.63 0.00 Advances 657,083.23 657,083.23 0.00 Opoid Settlement 380,655.34 0.00 380,655.34 Courthouse Fees 569,633.56 539,188.28 30,445.28 Animal Shelter 1,387,401.98 1,341,126.42 46,275.56 Sheriff's Reserve 1,000.00 1,000.00 0.00 Proffers 9,432,140.01 7,600,200.67 1,831,939.34 (3) Attached Parks Reserve 192,036.04 132,668.69 59,367.35 E-Summons Funds 210,512.29 216,272.75 (5,760.46) VDOT Revenue Sharing 0.00 436,270.00 (436,270.00)*D Undesignated Adjusted Fund Balance 29,835,726.82 14,687,089.21 15,148,637.61 (4) Attached TOTAL EQUITY 50,200,649.33 27,960,310.04 22,240,339.29 TOTAL LIAB. & EQUITY 66,124,528.76 45,069,443.05 21,055,085.71 NOTES:*A Cash increase includes increases in revenue, fund balance, and expenditures and a decrease in transfers. (refer to the comparative statement of revenue, expenditures, transfers, and fund balance).*B Prepayment of taxes.*C Deferred revenue includes taxes receivable, street lights, misc. charges, dog tags, and motor vehicle registration fees.*D Transferred to Transportation Fund for Renaissance. 64 BALANCE SHEET(1) GL Controls FY24 FY23 Inc/(Decrease) Estimated Revenue 246,922,464 237,746,254 9,176,210 Appropriations (137,604,392) (137,662,185) 57,793 Est. Transfers to Other Funds (132,278,293) (130,387,300) (1,890,993) Encumbrances 6,960,022 1,778,739 5,181,283 Total (16,000,199) (28,524,492) 12,524,293 (2) General Fund Purchase Orders 1/31/2024Amount County Office Buildings 35,668.22 Generator Repair at Public Safety Building 9,950.00 Rooftop Air Handler Unit Access Platform CAB278,972.92 70 Ton High Efficiency Trane Roof Top Unit CAB Fire and Rescue 27,907.36 Lifepak Accessories 683.49 Uniforms and Boots174,315.04 (4) F-150 Crew Cabs 1,063,868.00 (2) All Poly 3,000 Gallon Tankers 34,752.32 Emergency Lighting800,482.00 (2) 2023 Horton Ambulances F-550 116,854.34 Stryker Items 119,952.00 (51) Diesel Exhaust Filtration Systems55,773.00 Hose, Pump, Aerial and Ground Ladder Testing 8,450.00 SCBA Mask Covers 888,893.00 Pierce Enforcer Fire EngineInspections66,089.32 (2) 2024 Ford BroncosIT9,183.52 SQL License for CAMA 7,200.00 Upgrade Adaptive Security Appliance Firewalls for the Kent Building17,070.71 Camera System Install DSSParks and Recreation 45,763.36 Toro Multi Pro Spray Rig 15,510.10 Uniforms and Shirts276,953.00 Main Playground Replacement Clearbrook Park86,324.83 Sherando Park Abex Playground Replacement Installed 3,645.54 New Hanwha Camera System for Sherando Park 51,100.00 (3) Hustler Z mowers5,400.00 Spring Fertilizer 43,931.84 (2) John Deere Gator Utility 15,916.00 (4) Hustler Mowers9,841.39 (2) Diving Boards 3,490.50 Sherando Park Field Leveling 9,400.00 Seed/Sports Blend19,645.42 Athletic Field Line Painter Brite Striper 22,459.50 Glue Laminate Structure Shelter Sherando Park 16,855.00 Sherando Pickleball Court Fencing47,881.00 Sherando Pickleball Courts Public Safety 6,728.40 Cab & Toolbox Accessories for 2023 Chevy Silverado Refuse Collection 50,928.76 Ford 4WD 250 Superduty39,596.00 (4) Roll-Off Recycling Containers Sheriff 35,538.69 Body Armour and Carriers 13,618.76 Ammunition6,448.00 Dry Suits for Diving577,922.33 Uplifting New Vehicles with Equipment 1,308,661.38 (30) Vehicles284,548.70 (7) Vehicles35,255.40 (15) Laptop&Printer Mounting Package 200,224.00 (5) Police Pursuit Vehicles10,369.00 Prisoner Transport and Prisoner Courthouse Safety and Security Tools and Tr Total 6,960,022.14 0 Designated (3)Proffer Information OtherSCHOOLSPARKSFIRE & RESCUE Projects TOTAL Balance 1/31/2024 6,988,931.74 511,861.11 247,364.02 1,683,983.14 9,432,140.01 Administration 43,380.82 Bridges 17,014.32 Historic Preservation 129,000.00Library481,556.00 Sheriff 146,172.00 Solid Waste 12,000.00Stop Lights 52,445.00 Road Imp.&Transportation 802,415.00 Total Other Proffers 1,683,983.14 (4) Fund Balance Adjusted Beginning Balance 1/24 47,811,509.21 Revenue 1/24 127,734,545.19 Expenditures 1/24 (64,654,943.40) Transfers 1/24 (81,055,384.18) Ending Balance 1/31/2024 29,835,726.82 65 County of FrederickComparative Statement of Revenues, Expendituresand Changes in Fund Balance January 31, 2024 FY24 FY23 YTDREVENUES: 1/31/24 1/31/23 Actual Appropriated Actual Actual Variance General Property Taxes 160,510,000.00 74,654,132.04 73,393,617.63 1,260,514.41 (1) Other local taxes 52,354,691.00 20,133,248.03 19,487,173.50 646,074.53 (2) Permits & Privilege fees 2,425,205.00 1,621,966.54 2,333,094.33 (711,127.79)(3) Revenue from use of money and property 2,835,936.00 4,353,964.35 2,138,256.78 2,215,707.57 (4)Charges for Services 4,749,694.00 2,092,508.67 1,895,251.04 197,257.63Miscellaneous 535,971.36 524,410.05 706,143.22 (181,733.17) Recovered Costs 2,122,704.00 1,583,897.69 1,421,770.63 162,127.06 (5) Proffers 0.00 2,358,266.84 959,295.62 1,398,971.22 (5) Intergovernmental: Commonwealth 13,937,658.00 13,655,917.29 18,570,373.19 (4,914,455.90)(6) Federal 768,118.00 73,746.98 23,271.53 50,475.45 (7)Transferred from County Capital 6,682,486.71 6,682,486.71 0.00 6,682,486.71 TOTAL REVENUES 246,922,464.07 127,734,545.19 120,928,247.47 6,806,297.72 EXPENDITURES: General Administration 19,362,925.81 11,993,239.54 15,062,331.06 (3,069,091.52) Judicial Administration 3,857,725.06 1,882,732.74 1,905,341.91 (22,609.17) Public Safety 65,430,309.44 33,746,045.21 30,876,713.45 2,869,331.76 Public Works 8,628,210.11 3,518,303.29 3,349,789.46 168,513.83Health and Welfare 13,138,598.00 6,160,174.98 5,826,621.23 333,553.75Education55,000.00 0.00 27,500.00 (27,500.00)Parks, Recreation, Culture 12,531,237.54 5,580,726.40 4,866,687.75 714,038.65 Community Development 2,710,270.62 1,773,721.24 1,657,238.28 116,482.96 TOTAL EXPENDITURES 125,714,276.58 64,654,943.40 63,572,223.14 1,082,720.26 (8) OTHER FINANCING SOURCES ( USES): Operating transfers from / to 144,168,408.70 81,055,384.18 87,827,920.30 (6,772,536.12)(9) Excess (deficiency)of revenues & othersources over expenditures & other uses (22,960,221.21)(17,975,782.39)(30,471,895.97)(12,496,113.58) Fund Balance per General Ledger 47,811,509.21 45,158,985.18 2,652,524.03 Fund Balance Adjusted to reflect 29,835,726.82 14,687,089.21 15,148,637.61Income Statement 1/31/24 ` 66 (1)General Property Taxes FY24 FY23 Increase/Decrease Real Estate Taxes 38,285,906 36,799,999 1,485,907 Public Services 1,265,378 1,552,954 (287,576) Personal Property 33,606,059 33,774,156 (168,097) Penalties and Interest 1,253,173 845,477 407,696 Credit Card Chgs./Delinq.Advertising 1,919 39,944 (38,025) Adm.Fees For Liens&Distress 241,697 381,088 (139,391) 74,654,132 73,393,617 1,260,515 (2) Other Local Taxes Local Sales and Use Tax 9,220,437.71 9,042,492.22 177,945.49 Communications Sales Tax 368,870.95 394,844.20 (25,973.25) Utility Taxes 1,768,218.65 1,868,200.46 (99,981.81) Business Licenses 2,807,991.73 1,979,882.54 828,109.19 Auto Rental Tax 139,922.03 120,786.06 19,135.97 Motor Vehicle Licenses Fees 440,485.00 431,410.34 9,074.66 Recordation Taxes 1,265,286.48 1,559,134.64 (293,848.16) Meals Tax 3,434,583.37 3,354,901.74 79,681.63 Lodging Tax 672,005.54 720,762.81 (48,757.27) Street Lights 11,288.68 10,726.39 562.29 Star Fort Fees 4,157.89 4,032.10 125.79 Total 20,133,248.03 19,487,173.50 646,074.53 (3)Permits&Privileges Dog Licenses 10,046.00 16,617.00 (6,571.00) Land Use Application Fees 7,175.00 9,900.00 (2,725.00) Transfer Fees 2,026.57 2,080.12 (53.55) Development Review Fees 355,529.45 311,321.71 44,207.74 Building Permits 783,480.64 1,059,078.18 (275,597.54) *1 2% State Fees 11,027.63 2,302.44 8,725.19 Electrical Permits 86,579.00 551,411.00 (464,832.00) *1 Plumbing Permits 13,271.00 18,788.88 (5,517.88) Mechanical Permits 46,154.00 56,120.00 (9,966.00) Sign Permits 3,525.00 3,925.00 (400.00) Land Disturbance Permits 292,552.25 294,450.00 (1,897.75) *1 Septic Haulers Permit 200.00 - 200.00 Institutional Inspections Permit 7,200.00 5,700.00 1,500.00 Sewage Installation License 300.00 - 300.00 Transfer Development Rights 2,900.00 1,400.00 1,500.00 Total 1,621,966.54 2,333,094.33 (711,127.79) (4) Revenue from use of Money 3,898,474.86 2,059,303.67 1,839,171.19 Property 455,489.49 78,953.11 376,536.38 *2 Total 4,353,964.35 2,138,256.78 2,215,707.57 *1 Bartonsville Solar Permits issued 12/7/22 FY23. *2 FY24 includes sale of Aylor $300,000.00 67 (5) Recovered Costs FY24 FY23 Increase/Decrease 1/31/2024 1/31/2023 Recovered Costs Treasurer's Office 18,621.00 74,376.00 (55,755.00) Recovered Costs Social Services 39,992.04 21,428.80 18,563.24 Purchasing Rebate 181,891.83 184,640.27 (2,748.44) Recovered Costs-IT/GIS 27,261.00 27,261.00 - Recovered Cost Fire & Rescue Fee Recovery 452,307.71 222,802.19 229,505.52 *1 Recovered Cost Fire Companies 179,067.19 177,389.17 1,678.02 Recovered Costs Sheriff 84,550.00 87,100.00 (2,550.00) Recovered Cost FOIA 1,085.50 - 1,085.50 Reimbursement Circuit Court 4,347.09 4,696.58 (349.49) Reimbursement Public Works 25.00 844.52 (819.52) Clarke County Container Fees 43,478.89 45,301.47 (1,822.58) City of Winchester Container Fees 32,957.06 43,237.42 (10,280.36) Refuse Disposal Fees 64,983.76 88,292.96 (23,309.20) Recycling Revenue 17,999.18 8,630.80 9,368.38 Container Fees Bowman Library 1,196.74 1,498.30 (301.56) Restitution Other 1,774.52 786.84 987.68 Litter-Thon/Keep VA Beautiful Grant - 1,000.00 (1,000.00) Reimb.of Expenses Gen.District Court 12,525.33 10,867.53 1,657.80 Gasoline Tax Refund-VPA 8,109.63 15,359.67 (7,250.04) Reimb.Task Force 38,234.53 46,043.15 (7,808.62) Westminster Canterbury Lieu of Tax 21,001.80 19,692.00 1,309.80 Reimb. Elections 500.00 1,352.80 (852.80) Labor-Gounds Maint-Fred.co.Schools 265,862.76 265,789.20 73.56 Comcast PEG Grant 48,354.50 56,066.50 (7,712.00) Fire School Programs 5,504.00 4,250.00 1,254.00 Clerks Reimbursement to County 3,739.74 3,579.53 160.21 Reimb. Sheriff 28,526.89 9,483.93 19,042.96 Subtotal Recovered Costs 1,583,897.69 1,421,770.63 162,127.06 Proffers Fire Department 37,383.40 - 37,383.40 Proffers Other 150,000.00 - 150,000.00 Proffer Snowden Bridge 284,317.20 394,885.00 (110,567.80) Proffer Madison Village 467,344.00 476,238.00 (8,894.00) Proffer Freedom Manor - 5,750.00 (5,750.00) Proffer The Village at Middletown 240,941.24 82,422.62 158,518.62 Proffer Senseny Village 1,003,000.00 - 1,003,000.00 Proffer Winchester Landing 163,776.00 - 163,776.00 Abrams Chase Proffer 11,505.00 - 11,505.00 Subtotal Proffers 2,358,266.84 959,295.62 1,398,971.22 Grand Total 3,942,164.53 2,381,066.25 1,561,098.28 *1 FY24 Q2 recorded in January 24 while FY23 Q2 was not recorded until February 23. 68 (6) Commonwealth Revenue FY24 FY23 1/31/2024 1/31/2023 Increase/Decrease Motor Vehicle Carriers Tax 42,978.82 39,898.80 3,080.02 Mobile Home Titling Tax 79,254.00 90,174.40 (10,920.40) P/P State Reimbursement 6,526,528.18 6,526,528.18 - Shared Expenses Comm.Atty.286,128.83 325,727.49 (39,598.66) Shared Expenses Sheriff 1,410,680.84 1,604,370.85 (193,690.01) Shared Expenses Comm.of Rev.123,646.34 140,524.12 (16,877.78) Shared Expenses Treasurer 96,285.23 109,291.49 (13,006.26) Shared Expenses Clerk 236,508.60 276,085.33 (39,576.73) Public Assistance Grants 3,522,963.74 3,318,709.31 204,254.43 Litter Control Grant 33,510.00 25,628.00 7,882.00 Emergency Services Fire Program 396,432.00 353,258.00 43,174.00 Other Revenue From The Commonwealth 1,471.06 999.12 471.94 Four-For-Life Funds 100,734.40 101,536.24 (801.84) DMV Grant Funding 13,984.99 7,367.64 6,617.35 State Grant Emergency Services 58,922.13 113,148.82 (54,226.69) Sheriff's State Grants 71,651.01 82,320.00 (10,668.99) Parks State Grants 36,048.55 5,766.00 30,282.55 JJC Grant Juvenile Justice 96,270.00 98,520.00 (2,250.00) Rent/Lease Payments 151,274.55 134,865.71 16,408.84 State Reimb.Economic Development - 5,000,000.00 (5,000,000.00) *1 Spay/Neuter Assistance-State 1,099.15 - 1,099.15 Wireless 911 Grant 177,100.77 152,501.89 24,598.88 State Forfeited Asset Funds 5,559.44 9,158.71 (3,599.27) Victim Witness-Commonwealth Office 41,904.85 52,347.47 (10,442.62) State Funds Communications Center 144,979.79 - 144,979.79 Forest Sustainability Funds - 1,645.62 (1,645.62) Total 13,655,917.27 18,570,373.19 (4,914,455.92) *1 FY23 VA Dept. of Commerce EDA Incentive for Airport Terminal Project 69 County of Frederick General Fund January 31, 2024 (7) Federal Revenue FY24 FY23 Increase/Decrease Federal Forfeited Assets-DOJ 46,904.66 - 46,904.66 *1 Housing Illegal Aliens-Federal 20,998.00 - 20,998.00 Federal Funds Sheriff 5,844.32 23,271.53 (17,427.21) Total 73,746.98 23,271.53 50,475.45 *1 $44,957 was Victim Witness not forfeited assets corrected in February 2024. 8) Expenditures Expenditures increased $1.1 million. General Administration decreased $3.1 million and reflects the $4.6 million PP Rebate in FY23. Public Safety increased $2.9 million and includes an increase of $786,207 in salaries and fringes for the Sheriff’s office and $1,013,416 for Fire and Rescue. Transfers Decreased $6,772,536.12. Chart below: (9) Transfers Decreased $6,772,536.12 FY24 FY23 Increase/Decrease Transfer to School Operating Fund 54,370,861.14 48,829,536.16 5,541,324.98 *1 Transfer to Debt Service Schools 9,038,459.00 9,038,459.00 - Transfer to Transportation Fund - 7,988,875.00 (7,988,875.00) Transfer to Debt Service County 1,528,934.50 1,469,086.65 59,847.85 *2 Transfer to School Operating Capital 877,282.00 1,023,546.00 (146,264.00) *3 Operational Transfers (195,736.78) (111,123.52) (84,613.26) Reserve for Merit/COLA Increases 603.32 2,919.01 (2,315.69) Reserve for Capital 15,434,981.00 19,586,622.00 (4,151,641.00) *4 TOTAL 81,055,384.18 87,827,920.30 (6,772,536.12) *1 C/F School Encumbrances FY24 $2,184,109.24 and $178,783.90 for C/F FY23 unrestricted grant funds. Additionally, $52,007,968.00 for half of the School Operating. FY23 includes $836,679.21 C/F Encumbrances, $266,148.45 unspent restricted funds and $47,726,708.50 for half of the School Operating. *2 Payments include City of Winchester for Courtroom, Roof, and HVAC Projects, Millwood and Roundhill F.D. , Public Safety Building and Animal Shelter. *3 C/F FY23 unspent unobligated School Operating funds for the replacement of fire alarms at 5 locations $877,282.00. *4 Capital Funding Policy per budget resolution from the General Fund to the BOS Capital Fund. This calculation is the amount in the unreserved fund balance greater than 20% of the required operating reserve. These excess funds are transferred to the Capital Fund. 70 County of Frederick FUND 11 NORTHWESTERN REGIONAL ADULT DETENTION CENTER January 31, 2024 ASSETS FY24 FY23 Increase 1/31/24 1/31/23 (Decrease) Cash 12,355,684.33 12,739,217.99 (383,533.66)*1 Receivable Arrears Pay Deferred 91,642.69 99,351.73 (7,709.04) GL controls(est.rev/est.exp)(3,152,551.07)(1,205,975.36)(1,946,575.71) TOTAL ASSETS 9,294,775.95 11,632,594.36 (2,337,818.41) LIABILITIES Accrued Wages Payable 511,249.96 442,389.90 68,860.06 Accrued Operating Reserve Costs 3,217,072.54 3,048,824.76 168,247.78 TOTAL LIABILITIES 3,728,322.50 3,491,214.66 237,107.84 EQUITY Fund Balance Reserved Encumbrances 315,773.04 215,246.98 100,526.06 Undesignated Fund Balance 5,250,680.41 7,926,132.72 (2,675,452.31)*2 TOTAL EQUITY 5,566,453.45 8,141,379.70 (2,574,926.25) TOTAL LIABILITY & EQUITY 9,294,775.95 11,632,594.36 (2,337,818.41) NOTES: *1 Cash decreased $383,533.66. Refer to the following page for comparative statement of revenue, expenditures and changes in fund balance. *2 Fund balance decreased $2,675,452.31. The beginning balance was $8,232,884.88 and includes adjustingentries, budget controls($1,911,500), emergency replacement of the security system($1,115,808), and the year to date revenue less expenditures of $45,103.53. Current Unrecorded Accounts Receivable-FY24 Prisoner Billing 23,578.73 Compensation Board Reimbursement 1/24 690,758.14 Total 714,336.87 71 County of Frederick Comparative Statement of Revenues, Expenditures and Changes in Fund Balance January 31, 2024 FUND 11 NORTHWESTERN REGIONAL ADULT DETENTION CENTER FY24 FY23 REVENUES:1/31/24 1/31/23 YTD Actual Appropriated Actual Actual Variance Credit Card Probation - 199.05 262.92 (63.87) Interest 10,000.00 239,966.44 114,957.25 125,009.19 Salvage and Surplus 10,300.00 10,300.00 10,300.00 Supervision Fees 42,974.00 11,679.00 12,308.62 (629.62) Drug Testing Fees - 30.00 240.00 (210.00) Work Release Fees 328,000.00 154,699.75 163,844.22 (9,144.47) Federal Bureau Of Prisons 0.00 935.00 990.00 (55.00) Local Contributions 8,367,458.00 6,275,593.50 6,825,633.75 (550,040.25) Miscellaneous 18,000.00 11,926.84 12,669.14 (742.30) Phone Commissions 555,000.00 315,179.60 276,963.00 38,216.60 Food & Staff Reimbursement 68,000.00 55,297.58 28,593.84 26,703.74 Elec.Monitoring Part.Fees 40,000.00 24,700.61 1,778.32 22,922.29 Share of Jail Cost Commonwealth 1,379,774.00 628,000.10 651,064.49 (23,064.39) Medical & Health Reimb.40,000.00 21,653.56 23,772.89 (2,119.33) Shared Expenses CFW Jail 7,795,344.00 3,087,339.64 3,290,235.91 (202,896.27) State Grants 507,827.00 274,398.00 174,063.00 100,335.00 DOC Medical Reimb.0.00 0.00 1,098.40 (1,098.40) Local Offender Probation 411,727.00 107,046.00 197,015.00 (89,969.00) Pretrial Expansion Grant 349,350.00 86,681.00 130,177.00 (43,496.00) Transfer Funds/CARES/ARPA 0.00 0.00 Transfer From General Fund 7,110,636.00 5,332,977.00 5,444,064.75 (111,087.75) TOTAL REVENUES 27,034,390.00 16,638,602.67 17,349,732.50 (711,129.83) EXPENDITURES:30,502,714.11 16,593,499.14 13,703,886.85 2,889,612.29 Excess(Deficiency)of revenues over expenditures (3,468,324.11)45,103.53 3,645,845.65 (3,600,742.12) FUND BALANCE PER GENERAL LEDGER 5,205,576.88 4,280,287.07 925,289.81 Fund Balance Adjusted To Reflect 5,250,680.41 7,926,132.72 (2,675,452.31)Income Statement 1/31/24 72 County of Frederick Fund 12 Landfill January 31, 2024 FY24 FY23 Increase ASSETS 1/31/24 1/31/23 (Decrease) Cash 43,401,971.59 42,591,209.83 810,761.76 Receivables: Accounts Receivable 36.43 34,281.89 (34,245.46) Fees 711,564.80 710,999.73 565.07 *1 Receivable Arrears Pay Deferred 15,314.30 15,314.30 0.00 Allow.Uncollectible Fees (84,000.00)(84,000.00) 0.00 Fixed Assets 64,477,807.18 64,477,807.18 0.00 Accumulated Depreciation (41,291,783.00)(41,291,783.00) 0.00 GL controls(est.rev/est.exp)(2,496,866.00)(6,337,912.58) 3,841,046.58 TOTAL ASSETS 64,734,045.30 60,115,917.35 4,618,127.95 LIABILITIES Accounts Payable - - Accrued VAC.Pay and Comp TimePay 191,812.45 187,340.08 4,472.37 Accrued Remediation Costs 16,173,021.80 14,993,148.59 1,179,873.21 *2 Deferred Revenue Misc.Charges 36.43 34,281.89 (34,245.46) Accrued Wages Payable 64,353.42 57,194.70 7,158.72 TOTAL LIABILITIES 16,429,224.10 15,271,965.26 1,150,100.12 EQUITY Fund Balance Reserved:Encumbrances 937,356.00 722,787.84 214,568.16 *3 Land Acquisition 1,048,000.00 1,048,000.00 0.00 New Development Costs 3,812,000.00 3,812,000.00 0.00 Environmental Project Costs 1,948,442.00 1,948,442.00 0.00 Equipment 3,050,000.00 3,050,000.00 0.00 Undesignated Fund Balance 37,509,023.20 34,262,722.25 3,246,300.95 *4 TOTAL EQUITY 48,304,821.20 44,843,952.09 3,246,300.95 TOTAL LIABILITY AND EQUITY 64,734,045.30 60,115,917.35 4,618,127.95 NOTES: *1 Landfill receivables decreased $565.07. Landfill fees at 1/24 were $682,910.58 compared to $693,585.75 at 1/23 for a decrease of $10,675.17. Delinquent fees at 1/24 were $76,592.49 compared to $65,993.78 at 1/23 for an increase of $10,598.71.*2 Remediation increased $1,179,873.21 and includes $705,604.00 for post closure and $474,269.21 Interest.*3 The encumbrance balance at 1/31/24 was $937,356.00 for a 2024 Caterpillar, 826K compactor. *4 Fund balance increased $3,246,300.95. The beginning balance was $38,676,291.32 and includes adjusting entries, budget controls for FY24($583,247.00). C/F FY23($406,036.00) engineering costs for ongoing projectsC/F FY23($179,389) unspent funds for gas treatment skid maintenance, C/F FY23($2,265,550.00) unspent funds for the delayed diversion channel project, and $2,266,953.88 year to date revenue less expenses. 73 County of Frederick Comparative Statement of Revenue,Expenditures and Changes in Fund BalanceJanuary 31, 2024 FUND 12 LANDFILL FY24 FY23 YTD REVENUES 1/31/24 1/31/23 Actual Appropriated Actual Actual Variance Credit Card Charges 0.00 6,057.83 2,773.68 3,284.15 Interest on Bank Deposits 300,000.00 1,068,702.18 491,519.35 577,182.83 Salvage and Surplus 140,000.00 109,397.69 113,990.12 (4,592.43) Sanitary Landfill Fees 8,182,000.00 4,600,306.58 4,643,369.13 (43,062.55) Charges to County 0.00 362,912.89 386,329.41 (23,416.52) Charges to Winchester 0.00 121,705.40 123,472.33 (1,766.93) Tire Recycling 262,400.00 170,926.58 229,710.66 (58,784.08) Reg.Recycling Electronics 80,000.00 18,580.01 23,650.00 (5,069.99) Greenhouse Gas Credit Sales 10,000.00 61,172.24 0.00 61,172.24 Miscellaneous 0.00 27,970.00 139.00 27,831.00 Refunds Other 0.00 825.00 14,943.88 (14,118.88) Renewable Energy Credits 189,216.00 108,540.00 57,060.00 51,480.00 Landfill Gas To Electricity 504,576.00 224,749.48 336,815.11 (112,065.63) 0.00 TOTAL REVENUES 9,668,192.00 6,881,845.88 6,423,772.67 458,073.21 Operating Expenditures 7,801,864.00 2,450,539.63 2,576,716.58 (126,176.95) Capital Expenditures 5,300,550.00 2,164,352.37 360,375.00 1,803,977.37 TOTAL Expenditures 13,102,414.00 4,614,892.00 2,937,091.58 1,677,800.42 Excess(defiency)of revenue over expenditures (3,434,222.00)2,266,953.88 3,486,681.09 (1,219,727.21) Fund Balance Per General Ledger 35,242,069.32 30,776,041.16 4,466,028.16 FUND BALANCE ADJUSTED 37,509,023.20 34,262,722.25 3,246,300.95 74