VILLAGE OF SUGAR MOUNTAIN FY 2024-25 GENERAL FUND BUDGET VS. ACTUAL SUMMARY March 31, 2025 Revenues BUDGET MONTH YEAR VARIANCE % TO TO DATE TO DATE BUDGET Ad Valorem Taxes $1,427,420 $28,049 $1,427,634 $214 100.01% Motor Vehicle Taxes $29,250 $2,964 $17,083 -$12,167 58.40% State Shared Revenues $442,615 $68,104 $244,658 $197,957 55.28% ABC Revenue $197,000 $99,000 -$98,000 50.25% TDA Contributions $274,000 -$274,000 0.00% Fines & Penalties $2,000 $15,075 $20,470 $18,470 1023.52% Zoning Compliance Permits $7,500 $445 $3,831 $3,669 51.08% Grant Reimbursement $1,000 $2,310 $1,310 230.98% Interest on Investments $60,000 $4,273 $45,486 -$14,514 75.81% Motor Fuel Tax Refund $7,200 $1,088 $3,774 -$3,426 52.41% Miscellaneous Revenues $29,490 $34 $35,680 $6,190 120.99% Other eimbursements $6,754 $8,172 FEMA Reimbursements - Helene $282,000 Helene Donations $32,822 $32,822 NC Cashflow Loan Proceeds $428,865 $428,865 Proceeds of Surplus Equipment/land $10,000 -$10,000 0.00% Appropriated Fund Balance $182,876 -$182,876 0.00% General Fund Revenues Totals $2,985,173 $555,651 $2,369,786 -$770,424 79.39% VILLAGE OF SUGAR MOUNTAIN FY 2024-25 GENERAL FUND BUDGET VS. ACTUAL SUMMARY Expenses March 31, 2025 BUDGET MONTH YEAR VARIANCE % TO TO DATE TO DATE BUDGET Governing Body Salaries & Benefits $12,273 $1,023 $9,204 -$3,069 75.00% Operating $12,400 -$12,400 0.00% Totals $24,673 $1,023 $9,204 -$15,469 37.30% Administration Salaries & Benefits $371,760 $27,080 $279,178 $92,582 75.10% Operating $105,500 $6,183 $81,424 -$24,076 77.18% Helene Expenditures $150,000 $492 $128,156 Fixed Assets $2,000 $1,360 -$640 67.99% Totals $629,260 $33,755 $490,118 -$117,298 77.89% Police Salaries & Benefits $512,610 $31,106 $347,519 -$165,091 67.79% Operating $90,135 $4,798 $76,135 -$14,000 84.47% Helene Expenditures $2,000 $1,721 Fixed Assets $113,316 $89,958 -$23,358 79.39% Grant Expenditures $1,300 $2,280 $980 175.38% Totals $719,361 $35,904 $517,614 -$201,469 71.95% Public Works Salaries & Benefits $604,820 $45,551 $460,596 -$144,224 76.15% Operating $151,205 $10,845 $121,472 -$29,733 80.34% Helene Expenditures $130,000 $50,036 Fixed Assets $148,161 $440 $110,892 $37,269 74.85% Street Maintenance $377,065 $297,011 -$80,054 78.77% Totals $1,411,251 $56,836 $1,040,007 -$291,280 73.69% Sanitation Dumpster Contract $80,000 $7,747 $52,825 -$27,175 66.03% Totals $80,000 $7,747 $52,825 -$27,175 66.03% Debt Service Paving/Culvert $120,628 $120,626 -$2 100.00% Totals $120,628 $0 $120,626 -$2 100.00% VILLAGE OF SUGAR MOUNTAIN FY 2024-25 GENERAL FUND BUDGET VS. ACTUAL SUMMARY March 31, 2025 BUDGET MONTH YEAR % TO TO DATE TO DATE BUDGET Contingency Contingency $0 $0 $0 $0 Totals $0 $0 $0 $0 General Fund Expenses Totals $2,985,173 $135,265 $2,230,394 -$652,693 74.72% Year to Date Revenue Totals $2,369,786 Year to Date Expense Totals $2,230,394 Revenues Over (Under) Expenses $139,392