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01-2019-20 1ST QUARTER - 620 SED CORP620-SED CORPORATION CURRENT BUDGET CURRENT QUARTER PEIOR YEAR Y-T-D Y-T-D ACTUAL Y-T-D ENCUMBRANCE BUDGET BALANCE % OF BUDGET FINANCIAL SUMMARY REVENUE SUMMARY Taxes 4,412,283.00 1,101,443.12 990,370.17 1,101,443.12 - 3,310,839.88 24.96 Fund Transfers 3,110,648.00 - - - - 3,110,648.00 - Miscellaneous 430,000.00 106,914.77 298,318.42 106,914.77 - 323,085.23 24.86 TOTAL REVENUES 7,952,931.00 1,208,357.89 1,288,688.59 1,208,357.89 - 6,744,573.11 15.19% EXPENDITURE SUMMARY NONDEPARTMENTAL City Assistance 6,664,200.00 - - - - 6,664,200.00 - Fund Charges/Transfers 500,000.00 - - - - 500,000.00 - TOTAL NONDEPARTMENTAL 7,164,200.00 - - - - 7,164,200.00 0.00% MISC & PROJECTS PROJECTS ECONOMIC DEVELOPMENT Supplies 500.00 138.44 6.72 138.44 - 361.56 27.69 City Support Services 21,650.00 2,520.32 3,434.38 2,520.32 202.94 18,926.74 12.58 Utility Services 3,445.00 186.44 373.82 186.44 34.63 3,223.93 6.42 Operations Support 110,750.00 11,935.06 17,052.57 11,935.06 1,548.84 97,266.10 12.18 Staff Support 22,450.00 995.45 1,367.64 995.45 - 21,454.55 4.43 City Assistance 102,500.00 201.33 42.63 201.33 - 102,298.67 0.20 Professional Services 61,300.00 - 488.17 - - 61,300.00 - Fund Charges/Transfers 461,636.00 230,818.00 228,787.00 230,818.00 - 230,818.00 50.00 Maintenance Services 500.00 - 80.00 - - 500.00 - Operating Equipment 4,000.00 552.90 - 552.90 99.00 3,348.10 16.30 TOTAL ECONO DEVELOPMENT 788,731.00 247,347.94 251,632.93 247,347.94 1,885.41 539,497.65 31.60% FM3009 ROAD&BRIDGE EXPANSION TOTAL EXPENDITURES 7,952,931.00 247,347.94 251,632.93 247,347.94 1,885.41 7,703,697.65 3.13% ** REVENUE OVER(UNDER) EXPEND 0.00 961,009.95 1,037,055.66 961,009.95 (1,885.41) (959,124.54) C I T Y O F S C H E R T Z REVENUE AND EXPENSE REPORT (UNAUDITED) AS OF: DECEMBER 31, 2019 Cash in Bank Claim on Operating Cash Pool-Checking 367,841.17$ Cash in Investments Texas Class Investment-Economic Development Corp 19,499,641.08 Schertz Bank & Trust-Certificate of Deposit 1,033,016.49 Schertz Bank & Trust-Certificate of Deposit 1,098,726.21 Total Cash in Bank & Investments 21,999,224.95$ SED CORPORATION CASH IN BANK AND INVESTMENTS AS OF: SEPTEMBER 30, 2019