City of Murphy

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City of Murphy

• Financial Information
• November, 2008

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(No Transcript)
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Investment Report
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Investment Report(continue)

• Highlighted Accounts are restricted cash.
• Impact Fees Water and Sewer impact fees
  collected on new development. Can only be used
  for approved water and sewer capital projects.
• Park Escrow Park Escrow fees for Parks
  collected on new development. Can only be used
  for parks in specific sections of city.
• General Obligation Taxes collected to pay for
  debt service.

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Investment Report(continue)

• Capital Improvement Funds from bonds to be used
  for capital projects.
• Sidewalk Escrow Funds escrowed for Daniel
  Crossing sidewalks along Murphy Road.

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Sales Tax
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Sales Tax
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General FundRevenuesNovember, 2008
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General FundRevenues
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General FundExpendituresNovember, 2008
General FundExpendituresNovember, 2008
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General FundOverage ExplanationNovember, 2008

• HR includes annual maintenance of HR software,
  pre-employment exams for new hires and training.
• City Secretary bond election expense.
• Finance includes annual maintenance of
  financial software, a portion of auditors fees
  and quarterly tax appraisal fees.

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General FundExpendituresNovember, 2008
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General FundExpenditures
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General FundExpenditures
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Utility FundRevenueNovember, 2008
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Utility FundRevenues
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Utility FundExpendituresNovember, 2008
Wastewater Collection includes three months of
cost of sewer operations at 44,437 per month
NTMWD bills October and November at the
beginning of each year.
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Utility FundExpenditures
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City of Murphy

• Questions
• November, 2008