FINANCIAL INFORMATION

Transcription

1 FINANCIAL INFORMATION Financial Management and Control The accounting and reporting policies of the City of Lawton relating to the fund types included in the financial statements conform to generally accepted accounting principles. Generally accepted accounting principles for municipalities are defined as those principles established by the Governmental Accounting Standards Board (GASB). Governmental Fund Types General Fund. The General Fund is the primary operating fund of the City that accounts for all financial transactions not accounted for in other funds and certain Public Trust activities that require separate accountability for services rendered. Special Revenue Funds. Special Revenue Funds are used to account for the proceeds of specific revenue sources that are normally restricted to expenditures for specified purposes. Debt Service Funds. As prescribed by State law, the Debt Service Funds receive monies for the retirement of general obligation bonded debt and court-assessed judgments. Such revenues are used for the payment of principal and interest on the City's general obligation bonds and judgments which are recorded in the General Long-Term Debt Account Group. Capital Projects Funds. The Capital Project Funds account for major capital improvements that are financed from the City s general obligation bond proceeds, federal and state grants and other specific receipts, including revenues from dedicated sales tax levies approved from time-to-time by voters. Proprietary Fund Types Enterprise Funds. The City's Enterprise Funds are used to account for the operations that are financed and operated in a manner similar to private business enterprises - where the intent of the governing body is that costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges. The Lawton Water Authority accounts for the activities of the public trust providing water, sewer and sanitation services to the public. Internal Service Funds. Internal Service Funds account for the financing of services provided by one department to other departments of the City. The City operates two internal service funds that are set up to account for various insurance services to other funds and departments of the City and the Computer Service Fund that accounts for the cost of providing automation services to other funds and departments. Fiduciary Fund Types Trust and Agency Funds. Trust and Agency Funds are used to account for assets held by the City in a trustee capacity or as an agent for individuals, private organizations, and other governmental funds, including the Pension Trust Fund and various Agency Funds. Agency Funds are custodial in nature (assets equal liabilities) and do not involve measurement of results of operations.

2 General Fund Highlights Revenues and expenditures for the City's General Fund as presented in the City's audited financial statements for Fiscal Years 2008 through 2012: For Fiscal Year Ending June 30 REVENUES Taxes 40,411,133 42,793,468 45,174,438 43,660,991 44,365,424 Intergovernmental 931,146 1,006, ,095 1,419,792 1,660,906 Fines & Forfeitures 2,826,662 2,516,247 2,452,651 3,629,371 3,324,332 Licenses and Permits 1,181,036 1,258,139 1,203,786 1,606,054 1,475,774 Investment Income 621, , , , ,635 Other Miscellaneous Revenues 568, , , , ,175 TOTAL REVENUES 46,540,436 48,471,713 50,633,052 51,496,133 51,896,246 EXPENDITURES General Government 7,103,190 6,522,642 6,632,140 7,997,623 8,536,094 Public Safety 23,299,792 23,721,712 25,103,439 27,810,282 28,208,962 Public Works and Streets 7,768,898 7,328,293 7,735,792 8,473,031 7,872,597 Cultural and Recreation 4,947,474 4,828,484 5,239,263 5,732,632 5,695,380 Capital Outlay 470, , , , ,114 TOTAL EXPENDITURES 43,590,310 42,683,685 45,060,220 50,463,515 50,601,147 REVENUES OVER (UNDER) EXPENDITURES 2,950,126 5,788,028 5,572,832 1,032,618 1,295,099 OPERATING TRANSFERS IN 14,632,639 13,794,915 19,734,490 17,153,193 17,774,869 OPERATING TRANSFERS OUT (17,008,068) (19,564,458) (20,648,673) (21,361,017) (20,205,865) OTHER TRANSFERS (NET) (3,429) (434,393) (463,815) (663,061) (560,212) NET CHANGE IN FUND BALANCE 571,268 ( 415,908) 4,194,834 ( 3,838,267) ( 1,696,109) BEGINNING FUND BALANCE 8,016,105 8,587,373 8,171,465 15,047,283 * 11,209,016 ENDING FUND BALANCE 8,587,373 8,171,465 12,366,299 11,209,016 9,512,907 * Beginning Fund Balance of 15,047,283 for FYE 2011 reflects implementation of GASB 54 which redefined a special revenue fund. Fifteen of the City of Lawton s special revenue funds did not meet the new definition and therefore were combined with the general fund. Source: Audited Financial Statements Net Assessed Valuation Since ad valorem taxes are correlated to the value of property within the City, trends in property valuations are an important economic indicator. The assessed valuation of property within the City is comprised of three components: real, personal and public service. The county assessor in each county determines the real and personal property values on an annual basis. Public service valuations are compiled annually by the Oklahoma Tax Commission and set by the State Board of Equalization. Once the valuation is determined, an assessment rate is calculated to provide the assessed valuation on which the appropriate tax levy is determined. In accordance with the Oklahoma Constitution, the assessment rate for real and personal property set by each county must be within a range established by the State Board of Equalization. As a result of passage of State Question No. 675 on November 5, 1996, the Oklahoma Constitution was amended to provide that the allowable range for real property be placed between 11 percent to 13 ½ percent and the range for personal property be set between 10 percent and 15 percent. Beginning January 1, 1997, the percentage at which real or personal property is assessed within a county shall not be increased except upon approval by a majority of the registered voters of the county, voting at an election called for that purpose by a majority of county commissioners, or upon a petition initiated by not less than ten percent (10%) of the registered voters of the county based on the total number of votes cast at the last general election for the county office receiving the highest number votes at the election. In no event shall the percentage be increased by more

3 than one percentage point per year or increase in excess of the aforementioned assessment ranges for personal and real property. The percentage at which real or personal property is assessed within a county may be decreased within the limitations (assessment ranges) without approval of the voters of the county. Also, as provided by State Question No. 675, all other property (primarily public service property) assessed by the State Board of Equalization shall be assessed at the percentage of its fair cash value, estimated at the price it would bring at a fair voluntary sale, at which it was assessed on January 1, Consequently, the assessment rates on public service property and on airlines and railroads included in the public service category were set at 22.85% and 11.84%, respectively. The Constitution of the State of Oklahoma provides exemptions to real and personal property owners based on certain qualifications and guidelines. A residential homeowner is allowed a homestead exemption deduction equal to 1,000 of net assessed valuation. The homeowner must apply annually for the exemption in order to receive the deduction. Table 1 presents the historical net assessed valuation for the City of Lawton from Fiscal Years 2005 through Net assessed valuation during the period increased 3.62 percent on an average annual basis. The current assessment rates are percent in Comanche County for real and personal property, respectively. The City's Net Assessed Valuation in the most recent year shows an increase of 1.91 percent. The actual market value of all property overlying the City is estimated at 4.24 billion. Table 1 Historical Net Assessed Valuation Fiscal Year Net Real Property* Personal Property Public Service Net Assessed Valuation Percent Change ,404,154 42,921,476 19,695, ,021, % ,244,575 40,442,126 20,816, ,503, % ,449,438 41,795,993 18,669, ,914, % ,567,549 42,025,995 23,124, ,718, % ,325,134 42,884,348 21,299, ,509, % ,382,819 42,416,133 20,168, ,967, % ,461,531 43,954,925 22,276, ,693, % ,466,842 41,151,841 25,342, ,961, % ,510,039 39,423,241 28,978, ,911, % ,262,073 38,397,290 27,865, ,524, * Excludes homestead and veteran s exemption Tax Increment Finance District Within the City of Lawton, a Tax Increment Finance District ("TIF") has been created to foster economic and retail development pursuant to the Oklahoma Local Development Act. In this designated area, upon creation of the TIF, the Comanche County Assessor established a base Net Assessed Valuation and tax base. A portion of the ad valorem or property taxes accruing from subsequent valuation increases above the base are returned to the TIF to promote infrastructure and economic development within the designated area. According to the Comanche County Assessor, the net assessed valuation of said tax increment district in levy year 2013/14 was 24,997,453. The TIF District receives one hundred percent (100%) of the incremental ad valorem taxes generated within the district.

4 Largest Ad Valorem Taxpayers The ten largest ad valorem taxpayers in the City for Fiscal Year 2013/2014 are shown in Table 2 according to net assessed valuation. Table 2 Largest Ad Valorem Taxpayers (Fiscal Year ) NET ASSESSED NAME TYPE OF BUSINESS VALUATION TOTAL NAV * Public Service Company of Oklahoma Electric Utility 23,497, % Lawton MarketPlace Investors LP Retail 3,412, Cornerstone Lawton LLC Medical Clinic 2,812, GG&A Central Mall Partners Shopping Mall 2,449, Southwestern Bell Communications Company 2,440, Independence Place Fort Sill Apartment Complex 2,274, Southwestern Medical Center Medical Complex 2,185, Fidelity Cablevision, Inc. Cable TV 1,847, Centerpoint Energy Arkla Natural Gas Utility 1,829, RCS Summit Springs LLC Apartment Complex 1,496, Totals 44,245, % * Based on Fiscal Year Net Assessed Valuation of 455,021,514. Source: Comanche County Assessor Levy History Table 3 presents the historical ad valorem tax levies within the City for taxpayers in the Lawton School District (I-8) for all taxing entities. Total tax levies have averaged mills during the last ten years with the Fiscal Year levy at mills. Table 3 Historical Tax Levies * Fiscal Comanche ISD No. 8 Vo-Tech City of Total Year County General Building Sinking No. 9 Lawton Levy % of * Shown as 1/ Ten-Year Average 89.75

5 Sinking Fund Tax Collection History Table 4 presents the dollar amount of ad valorem taxes levied for Sinking Fund purposes on a gross levy basis. The City has traditionally levied a five percent delinquency amount. Also shown are actual tax receipts collected from ad valorem tax assessments. Table 4 Tax Collection History Fiscal Year Ended June Total Tax Levy * 4,210,638 5,624,701 3,900,411 4,125,149 3,246,605 Tax Collections 3,971,858 5,280,590 3,789,090 3,912,499 3,095,790 Percent of Tax Collections 94.33% 93.88% 97.15% 94.85% 95.35% to Total Tax Levy * Includes 5% over levy for delinquencies Source: Financial Services Department INDEBTEDNESS Payment Record record. The City has no default on principal and interest payments of its general obligation bonded indebtedness of Existing Indebtedness As of May 31, 2014, the City had six General Obligation Bond issues outstanding in the aggregate principal amount of 17,715,000, as shown in Table 5. Two of the issues are General Obligation Limited Tax (GOLT) Bonds, subject to a maximum five (5) mill annual tax levy, pursuant to Article 10, Section 35 of the Oklahoma Constitution. Table 5 Summary of Existing General Obligation Bonds Issue Date of Original Final Net Bonds Description Bonds Amount Maturity Interest Cost Outstanding 2005 Bonds 10/01/05 2,500,000 07/01/ ,360, GOLT Bonds 10/01/05 1,500,000 07/01/ , Bonds 10/01/08 8,000,000 10/01/ ,320, GOLT Bonds 10/01/08 3,000,000 10/01/ ,310, GO Ref Bonds 02/01/12 6,080,000 07/01/ ,615, GO CP Bonds 05/01/13 3,300,000 05/01/ ,300,000 Totals 24,380,000 17,715,000

6 City Indebtedness The Constitution of Oklahoma provides that, without approval of the voters, the City is prohibited from becoming indebted in any fiscal year in an amount exceeding the income and revenue to be received for such fiscal year. The combined indebtedness of the City for the City s existing bonds matures as follows: Fiscal Year Principal Payments Fiscal Year Principal Payments ,195, ,015, ,545, ,030, ,525, , ,505, , ,320, , ,320, , ,320, , ,355, ,000 Under State law, judgments against a city are payable from ad valorem taxes over three years at a maximum interest rate of ten percent (10%). The City has a judgment principal balance of 2,252,869 as of May 31, The combined estimated principal and interest levy requirements for the City s bonds are shown in Table 6 for the next five fiscal years. Table 6 Principal and Interest Bond Levy Requirements for Bonds Fiscal Year Principal Levy Interest Levy Total Levy 2014/15 2,494, ,040 2,956, /16 2,474, ,477 2,859, /17 1,289, ,277 1,615, /18 1,289, ,188 1,573, /19 1,289, ,961 1,531,475 Authorized But Unissued Bonds At an election held October 11, 2011, voters authorized the issuance of three general obligation bonds in the aggregate amount of 6,200,000 for various purposes to be repaid from ad valorem tax levies. The City has 2,900,000 remaining in authorized Fire Department Facilities Bonds from the October 11, 2011 election. The City intends to issue these bonds over the next couple of years which would be repaid from annual ad valorem tax levies.

7 STATEMENT OF INDEBTEDNESS GENERAL OBLIGATION BONDS (As of May 31, 2014) Estimated Actual Market Value ( ) 4,237,712,856 Assessed Valuation (Gross) 486,741,482 Net Real Property (Less 31,719,968 in Exemptions) 392,404,154 Personal Property 42,921,476 Public Service Property 19,695,884 Assessed Valuation (Net) Excluding Homestead Exemption 455,021,514 General Obligation Debt and Judgments Outstanding Existing GO Bonds 17,715,000 Judgments 2,252,869 Total General Obligation Debt & Judgments Outstanding 19,967,869 Less Sinking Fund Balance (As of May 31, 2014) (2,708,830) Net General Obligation Indebtedness 17,259,039 Ratio of Net General Obligation Bonds Outstanding to Net Assessed Valuation 3.79% Net Indebtedness Per Capita (Based on 2010 U.S. Census Bureau Population of 96,867) Net Direct, Underlying and Overlapping General Obligation Bonded Indebtedness Direct, underlying and overlapping indebtedness within the City includes debt of the City, Lawton School District, Cache School District, Geronimo School District, Comanche County and the Great Plains Vo-Tech District No. 9. The aggregate net indebtedness directly, underlying and overlapping the City is 21,860,094. Estimated % Overlapping Debt Applicable to Applicable to Governmental Entity Net Indebtedness the City (1) the City Per Capita Debt City of Lawton (2) 17,259, % 17,259, ISD 8 (Lawton Schools) (3) 3,272, % 3,238, ISD 1 (Cache Schools) (3) 5,044, % 939, ISD 4 (Geronimo Schools) (3) 850, % 423, Totals 26,426,531 21,860, (1) Determined by ratio of total NAV to the portion overlying the City (2) As of May 31, 2014 (3) As of June 30, 2013 City Related Indebtedness The Lawton Water Authority (LWA) is a public trust created by a Trust Indenture dated as of April 1, 1979, with the City of Lawton as beneficiary. Pursuant to a Lease Agreement and Operation and Maintenance Contract dated as of April 1, 1979, the City has leased the water, sewer and refuse systems to LWA. The Authority has the following revenue notes or loans outstanding as follows:

8 Type of Obligation Purpose Original Amount Interest Rate Stated Maturity Principal Outstanding OWRB NOTES CWSRF Loan 2001A Sewer Improvements 2,008, % 02/15/ ,000 CWSRF Loan 2003A Sewer Improvements 1,819, % 08/15/ ,085 CWSRF Loan 2003C Sewer Improvements 1,020, % 08/15/ ,615 CWSRF Loan 2004E Sewer Improvements 1,310, % 08/15/ ,205 CWSRF Loan 2009 Sewer Improvements 12,270, % 09/15/2030 7,989,491 DWSRF Loan 2009 Water Improvements 4,725, % 09/15/2030 2,748,825 FAP Loan 2001B Sewer Improvements 3,445, %- 08/15/2019 1,575, % OTHER NOTES Util Sys Rev Note Refinancing of OWRB Loans 5,270, % 10/01/2027 4,735,000 Sales Tax Rev Note Multiple Capital Projects 23,410, % 01/01/ ,540,000 Sales Tax Rev Note Refinancing of OWRB Loans 10,920, % 09/01/ ,415,000 Totals 66,198,000 47,582,221 The bond indentures governing the revenue notes and loan agreements governing the loans with OWRB provide for the security of the bonds through the pledge of net revenues from the water, sewer and refuse systems. LWA is in full compliance with the provisions of the respective bond covenants.

9 FY Financial Report For Month Ending June 30, 2013

10 City of Lawton Financial Report July 1, 2012 through June 30, 2013 (Unaudited) EXECUTIVE SUMMARY The following is a summary of revenue and expenditures for the period of July 1, 2012 through June 30, This equates to 100% of the fiscal year. A. Total General/Enterprise Fund Budgeted Revenue Summary (Attachment A) Budgeted Revenue for FY is 73,722,833. As of June 30, 2013, we have collected 67,872,384 or 92.06% of budgeted revenue for general and enterprise funds. B. General Fund Revenue Summary (Attachment A) City Sales Tax is down 398,121 or 1.86% year-to-date, as compared to the same period last year. Budgeted Sales Tax revenue is 21,916,702 and we have collected 21,002,820 or 95.83%. Franchise Tax is down 200,501 or 8.49% year-to-date, as compared to the same period last year. Budgeted Franchise Tax is 2,534,682 and we have collected 2,161,482 or 85.28%. Police Fines and Bonds are down 731,874 or 22.51% year-to-date, as compared to the same period last year. Budgeted revenue is 3,163,802 and we have collected 2,519,556 or 79.64%. All Other General Fund Revenue is up 902,768 or 13.50% year-to-date, as compared to the same period last year. Budgeted revenue is 7,579,148 and we have collected 7,588,945 or 101%. General Fund Revenue Comparison 21,000,000 18,000,000 15,000,000 21,400,941 21,002,820 12,000,000 9,000,000 6,000,000 3,000,000 2,361,983 2,161,482 3,251,430 2,519,556 6,688,189 7,590,958 0 Sales Tax Franchise Tax Police Fines Other I

11 C. Enterprise Fund Revenue Summary (Attachment A) Water revenue is down 1,301,709 or 7.23% year-to-date, as compared to the same period last year. Budgeted revenue is 19,216,673 and we have collected 16,705,829 or 86.93%. Sewer revenue is down 360,344 or 4.36% year-to-date, as compared to the same period last year. Budgeted revenue is 8,397,156 and we have collected 7,899,651 or 94.08%. Refuse collection revenue is down 44,004 or 0.57% year-to-date, as compared to the same period last year. Budgeted revenue is 7,829,567 and we have collected 7,741,123 or 98.87%. Landfill revenue is down 418,713 or 15.67% year-to-date, as compared to the same period last year. Budgeted revenue is 3,085,103 and we have collected 2,252,978 or 73.03% Enterprise Fund Revenue Comparison 21,000,000 18,000,000 15,000,000 12,000,000 9,000,000 6,000,000 3,000, ,006,908 16,705,829 7,741,123 8,259,995 7,899,651 7,785,127 2,671,691 2,252,978 Water Sewer Refuse Landfill D. Additional Revenue (See attachment A) II

12 E. General/Enterprise Expenditures Summary (Attachment B) The FY appropriation for General Fund Expenditures is 56,407,227. As of June 30, 2013 (including encumbrances) 52,208,869 or 92.56% has been expended. The FY appropriation for Enterprise Fund Expenditures is 15,800,363. As of June 30, 2013 (including encumbrances) 13,810,532 or 87.41% has been expended. All Other fund category expenditure appropriations are 18,786,255. As of June 30, 2013 (including encumbrances) 16,461,817 or 87.63% has been expended. Note: This report is for informational purposes only. III

13 City of Lawton Summary of Revenue As of June 30, 2013 (Unaudited) (At 100% of Year) FY Percentage YTD Budgeted of Revenue Revenue Revenue Collected General Fund Revenue City Sales Tax 21,002,820 21,916, % Franchise Tax 2,161,482 2,534, % Police Fines 2,519,556 3,163, % All Other 7,588,945 7,579, % Total General Fund Revenue 33,272,803 35,194, % Enterprise Fund Revenue Water 16,705,829 19,216, % Sewer 7,899,651 8,397, % Refuse 9,994,101 10,914, % Total Enterprise Fund Revenue 34,599,581 38,528, % General & Enterprise Fund Totals 67,872,384 73,722, % Additional Revenue Waurika Surcharge 2,977,399 2,914, % Wastewater Maintenance 108, , % Drainage Maintenance 898, , % Pumping Fees 612, , % Hotel/Motel 1,098,903 1,174, % Sewer Rehab 1,100,000 0 Stormwater Mitigation 440, , % Water Impact Fee 102, , % Water Impact Fee - Restricted 9,000 15, % Sewer Impact Fee 158, , % Sewer Impact Fee - Restricted 11,000 20, % Capital Outlay 2,712,507 2,357, % Total Additional Revenue 10,228,860 8,756, % Total Revenue 78,101,244 82,479, % Attachment A

14 City of Lawton Summary of Expenditures As of June 30, 2013 (Unaudited) FY (At 100% of Year) Budgeted Percentage YTD Appropriations of Appropriations Expenditures & Amendments Expended Fund General Fund 52,208,869 56,407, % Lakes 432, , % CD Block Grant 326, , % Home Investment Fund 167, , % Hotel/Motel (Note 2) 1,064,028 1,202, % Animal, Spay & Neuter 312, , % Capital Outlay 2,353,459 2,357, % Mgt Information Systems 1,197,633 1,453, % Enterprise Fund 13,810,532 15,800, % Stormwater Mitigation 353, , % Waurika 3,129,368 3,024, % R.S.V.P. 146, , % Library Grant 43,640 55, % Emergency Comm 2,121,396 2,502, % Sewer System Rehab 3,458,525 4,242, % Police and Fire Training 121, , % Drainage Maintenance 623, , % Wastewater Maintenance 609, , % Total 82,481,218 90,993, % Note 1: YTD Expenditures includes Encumbrances Budget Appropriations includes budget amendments Note 2: Hotel/Motel funds are encumbered Attachment B

15 CITY OF LAWTON-GENERAL FUND REVENUE COLLECTION COMPARISON 6/30/2013 TIME: % CURRENT MONTH YEAR TO DATE ESTIMATED JUNE JUNE JUNE JUNE % REVENUE CITY SALES TAX 1,670,595 1,692, % 21,002,820 21,400, % 21,916, % FRANCHISE & ORD 167, , % 2,161,482 2,361, % 2,534, % ALCOHOLIC BEVERAGE TAX 23,730 22, % 265, , % 254, % USE TAX 216, , % 2,331,409 1,952, % 1,997, % TOBACCO TAX 49,416 55, % 565, , % 678, % ANIMAL CONTROL 2,738 3, % 35,836 37, % 36, % CEMETERY REVENUE 675 5, % 70,050 59, % 61, % LIBRARY REVENUE 1,694 1, % 17,729 20, % 38, % MISCELLANEOUS REVENUE (363) 51, % 685, , % 722, % RECREATION REVENUE 25-52,485 61, % 59, % POLICE FINES & BONDS 233, , % 2,519,556 3,251, % 3,163, % BUILDING & SAFETY REVENUE 36,804 37, % 476, , % 502, % ALCOHOLIC BEVERAGE LIC , % 76,690 77, % 83, % OTHER BUSINESS LIC 8,279 9, % 112, , % 117, % BOAT & SKI PERMITS 2,840 1, % 122, , % 128, % ZONING/PLAT/REVOKABLE PERMITS 2,089 1, % 73,871 51, % 56, % CAMPING FEES 27,461 27, % 138, , % 142, % LEASES & RENTAL 1, , % 26, , % 172, % AUDITORIUM RENT - 5, % , % 22, % COPY SALES 1,575 1, % 20,272 21, % 21, % SALE - PROPERTY ,604 47, % 48, % INTEREST EARNED 2,732 22, % 43, , % 91, % TRANSFER - OTHER FDS 2,572 11, % 336,830 29, % 17, % GASOLINE TAX 254, , , % 176, % VEHICLE LICENSE 53,829 83, % 694, , % 690, % OTHER GRANTS 90,010 2,000 1,074, , % 1,455, % GARAGE SALE PERMITS % 3,975 1, % 2, % 2,850,896 2,987, % 33,272,803 33,700, % 35,194, % CAP.IMP ,044,122 13,126,781 14,057, % CAP.IMP , , % 3,938,034 4,012, % 4,176, % CAP.IMP ,057, % - 13,375, % - 4,208,255 4,362, % 50,337,618 51,088, % 53,428, %

16 CITY OF LAWTON - ENTERPRISE FUND REVENUE COLLECTION COMPARISON 6/30/2013 TIME: % CURRENT MONTH YEAR TO DATE ESTIMATED JUNE JUNE % JUNE JUNE % REVENUES % WATER REVENUE: WATER (TRANSFER) 1,318,489 1,621, % 16,186,300 17,339, % 18,500, % WATER TAPS 4,461 4, % 62,431 57, % 63, % OTHER WATER REV 37,424 45, % 457, , % 653, % TOTAL WATER REVENUE 1,360,374 1,670, % 16,705,829 18,006, % 19,216, % SEWER REVENUE: WASTERWATER EFF. - 8,138 89,518 97, % 108, % SEWER SERVICE 655, , % 7,810,133 8,162, % 8,288, % TOTAL SEWER REVENUE 655, , % 7,899,651 8,259, % 8,397, % REFUSE REVENUE: REFUSE COLLECTION 642, , % 7,741,123 7,785, % 7,829, % LANDFILL FEES 199, , % 2,252,978 2,671, % 3,085, % TOTAL REFUSE REVENUE 842, , % 9,994,101 10,456, % 10,914, % TOTAL UTILITIES REVENUES 2,858,123 3,225, % 34,599,581 36,723, % 38,528, % H:\Montly Finance Reports\FY Monthly Finance Report\June\utility xls

17 CITY OF LAWTON - SPECIAL REVENUE REVENUE COLLECTION 6/30/2013 TIME: % CURRENT MONTH 2013 FY 2012/13 ESTIMATED JUNE YEAR TO DATE REVENUES % ADDITIONAL REVENUES: WAURIKA SURCHARGE 138,385 2,977,399 2,914, % WASTEWATER MAINTENANCE 9, , , % DRAINAGE MAINTENANCE 74, , , % PUMPING FEE 13, , , % SEWER REHABILITATION - 1,100,000 HOTEL MOTEL 119,685 1,098,903 1,174, % STORMWATER MITIGATION 37, , , % WATER IMPACT FEE 7, , , % WATER IMPACT FEE-RESTRICTED - 9,000 15, % SEWER IMPACT FEE 13, , , % SEWER IMPACT FEE-RESTRICTED - 11,000 20, % CAPITAL OUTLAY 225,123 2,712,507 2,357, % 639,040 10,228,860 8,756, % H:\Montly Finance Reports\FY Monthly Finance Report\June\specutilrev xls

18 City of Lawton, Ok Operating Funds Statement of Appropriation Versus Expenditures & Encumbrances Month Ended June 30, 2013 Current Annual Month Year-to-Date YTD Encumbrances Remaining Fund/Object Category Appropriations Expenditures Expenditures % Exp. Outstanding Appropriations FUND: 01 GENERAL FUND 56,407,227 4,245,953 51,164, % 1,044,502 4,198,358 FUND: 03 LAKES 542,555 31, , % 16, ,972 FUND: 06 C D BLOCK GRANT FUND 682,756 33, , % 4, ,201 FUND: 09 HOME INVESTMENT FUND 316,892 40, , % 31, ,086 FUND: 14 HOTEL MOTEL FUND 1,202,529 (11,721) 835, % 228, ,501 FUND: 18,42, & 23 ANIMAL LIV, SPAY, & DONATE 340, , , % 19,968 28,173 FUND: 31 CAPITAL OUTLAY 2,357, ,475 1,797, % 556,366 4,037 FUND: 49 MANAGEMENT INFORMATION SYSTEMS * 1,453, ,234 1,184, % 12, ,994 FUND: 50 ENTERPRISE FUND 15,800,363 1,092,166 13,415, % 395,453 1,989,831 FUND: 51 STORM WATER MITIGATION 378,130 34, , % 3,132 25,126 FUND: 55 WAURIKA FUND 3,024,751 60,448 3,064, % 65,000 (104,617) FUND: 57 R.S.V.P. 128,661 9, , % - (18,142) FUND: 59 LIBRARY GRANT FUND 55,000 1,497 43, % ,360 FUND: 75 EMERGENCY COMMUNICATIONS 2,502, ,787 2,045, % 75, ,146 FUND: 77 SEWER SYSTEM REHAB 4,242, ,378 3,316, % 142, ,929 FUND: 79 POLICE & FIRE TRAINING FUND 123,139 27, , % 4,207 1,397 FUND: 95 DRAINAGE MAINTENANCE 756,610 56, , % 5, ,336 FUND: 96 WASTEWATER MAINTENANCE 678,153 41, , % 8,769 68,939 90,993,845 6,699,687 79,866,619 2,614,598 8,512,628 * This is a service fund and is also appropriated in the general fund and enterprise funds. This statement shows Management Information Systems separately for informational purposes.

19 City of Lawton, Ok Operating Funds Statement of Appropriations versus Expenditures & Encumbrances Month Ended June 30, 2013 Current Annual Month Year-to-Date YTD Encumbrances Remaining Fund/Object Category Appropriations Expenditures Expenditures %Exp Outstanding Appropriations FUND: 01 GENERAL FUND MANAGERIAL Personal services 274,758 22, , % - 2,341 Material and supplies 5, , % Other services & charges 172,105 6,372 56, % 2, ,142 Capital outlay 1,200-1, % - 50 DIVISION TOTAL 453,413 28, , % 2, ,077 ADMIN. SERVICES Personal services 1,940, ,736 1,854, % - 85,892 Material and supplies 65,035 2,138 52, % 1,293 11,339 Other services & charges 361,229 15, , % 8,131 63,719 Capital outlay 50, , % DIVISION TOTAL 2,416, ,078 2,245, % 9, ,848 LEGAL SERVICES Personal services 1,613, ,648 1,551, % - 62,397 Material and supplies 26,300 1,125 20, % 240 5,106 Other services & charges 176,637 8, , % 11,555 55,338 Capital outlay 26,000-10, % - 15,712 DIVISION TOTAL 1,842, ,584 1,692, % 11, ,553 FINANCE Personal services 1,128,591 90,498 1,006, % - 122,131 Material and supplies 387,000 5, , % 12, ,843 Other services & charges 1,796,375 41,575 1,238, % 186, ,535 Capital outlay 6,465-4, % - 2,015 DIVISION TOTAL 3,318, ,035 2,509, % 199, ,524 COMMUNITY SERVICES Personal services 1,748, ,998 1,666, % - 81,998 Material and supplies 44,460 1,148 22, % 1,601 20,007 Other services & charges 1,125,343 26,006 1,077, % 5,887 41,602 Capital outlay 16,600-3, % - 13,355 DIVISION TOTAL 2,934, ,151 2,770, % 7, ,962 PUBLIC WORKS Personal services 6,072, ,326 5,635, % 435,345 2,143 Material and supplies 4,517, ,246 4,243, % 91, ,577 Other services & charges 260,115 13, , % 7,910 71,161 Capital outlay 143,100-34, % 54,000 54,764 DIVISION TOTAL 10,993, ,386 10,094, % 588, ,644 Page 1

20 City of Lawton, Ok Operating Funds Statement of Appropriations versus Expenditures & Encumbrances Month Ended June 30, 2013 Current Annual Month Year-to-Date YTD Encumbrances Remaining Fund/Object Category Appropriations Expenditures Expenditures %Exp Outstanding Appropriations FUND: 01 GENERAL FUND PARKS & RECREATION Personal services 3,299, ,322 3,057, % ,035 Material and supplies 542,430 42, , % 21,971 91,959 Other services & charges 1,345, ,647 1,292, % 34,533 18,721 Capital outlay 154,100-27, % - 126,776 DIVISION TOTAL 5,341, ,583 4,805, % 56, ,492 POLICE Personal services 15,911,307 1,297,002 14,605, % - 1,305,665 Material and supplies 645,710 38, , % 114,614 25,498 Other services & charges 484,913 39, , % 16,256 76,901 Capital outlay 38,920-20, % - 18,712 DIVISION TOTAL 17,080,850 1,374,704 15,523, % 130,870 1,426,776 FIRE SERVICES Personal services 11,517, ,580 10,854, % - 663,966 Material and supplies 296,900 27, , % 10,811 67,290 Other services & charges 148,880 4, , % 3,802 39,007 Capital outlay 61,548-10, % 22,900 28,220 DIVISION TOTAL 12,025, ,807 11,189, % 37, ,483 TOTAL FOR FUND: 01 GENERAL FUND 56,407,227 4,245,953 51,164, % 1,044,502 4,198,358 FUND 51: STORM WATER MITIGATION STORM WATER MITIGATION Personal services 321,224 27, , % - 5,377 Material and supplies 16,605 1,393 12, % 1,318 3,087 Other services & charges 32,961 2,642 17, % 1,814 14,040 Capital outlay 7,340 3,380 4, % - 2,622 DIVISION TOTAL 378,130 34, , % 3,132 25,126 FUND 14: HOTEL MOTEL TAX HOTEL MOTEL Personal services % - - Material and supplies % - - Other services & charges 1,202,529 (11,721) 835, % 228, ,501 Capital outlay % - - DIVISION TOTAL 1,202,529 (11,721) 835, % 228, ,501 Page 2

21 City of Lawton, Ok Operating Funds Statement of Appropriations versus Expenditures & Encumbrances Month Ended June 30, 2013 Current Annual Month Year-to-Date YTD Encumbrances Remaining Fund/Object Category Appropriations Expenditures Expenditures %Exp Outstanding Appropriations FUND:03 LAKES PARKS & RECREATION Personal services 351,800 21, , % 5,000 51,255 Material and supplies 46,700 1,079 23, % 2,884 20,571 Other services & charges 130,855 9,208 94, % 8,461 27,752 Capital outlay 13,200-2, % - 10,395 DIVISION TOTAL 542,555 31, , % 16, ,972 FUND:55 FINANCE WAURIKA FUND Personal services % - - Material and supplies % - - Other services & charges 3,024,751 60,448 3,064, % 65,000 (104,617) Capital outlay % - - DIVISION TOTAL 3,024,751 60,448 3,064, % 65,000 (104,617) FUND:06 C D BLOCK GRANT FUND FINANCE Personal services 8,000-8, % - - Material and supplies % - - Other services & charges % - - Capital outlay % - - DIVISION TOTAL 8,000-8, % - - COMMUNITY DEVELOPMENT Personal services 217,404 19, , % - (249) Material and supplies 6, , % 1,227 2,697 Other services & charges 449,452 13,470 93, % 1, ,754 Capital outlay 1, % 1,500 - DIVISION TOTAL 674,756 33, , % 4, ,201 TOTAL FOR FUND: 06 C D BLOCK GRANT FUND 682,756 33, , % 4, ,201 FUND:09 HOME INVESTMENT FUND COMMUNITY DEVELOPMENT Personal services 31, % - 31,689 Material and supplies % - Other services & charges 284,003 40, , % 30, ,397 Capital outlay 1, % 1,200 - DIVISION TOTAL 316,892 40, , % 31, ,086 Page 3

22 City of Lawton, Ok Operating Funds Statement of Appropriations versus Expenditures & Encumbrances Month Ended June 30, 2013 Current Annual Month Year-to-Date YTD Encumbrances Remaining Fund/Object Category Appropriations Expenditures Expenditures %Exp Outstanding Appropriations FUND:49 INFORMATION TECHNOLOGY FINANCE Personal services 1,044,352 87, , % - 73,621 Material and supplies 188,610 57, , % ,318 Other services & charges 151,065 2,872 56, % 12,104 82,240 Capital outlay 69,600-4, % - 64,814 DIVISION TOTAL 1,453, ,234 1,184, % 12, ,994 FUND:77 SEWER SYSTEM REHAB Personal services 2,233, ,489 1,916, % 1, ,139 Material and supplies 1,322,700 75,053 1,052, % 130, ,560 Other services & charges 281,350 6,314 71, % 7, ,290 Capital outlay 404,850 19, , % 3, ,940 DIVISION TOTAL 4,242, ,378 3,316, % 142, ,929 FUND:31 CAPTIAL OUTLAY Capital outlay 2,357, ,475 1,797, % 556,366 4,037 DIVISION TOTAL 2,357, ,475 1,797, ,366 4,037 FUND:18, 42,& 23 ANIMAL LIC, SPAY, DONATE FUND PUBLIC WORKS Personal services % - - Material and supplies 31,000 1,483 11, % ,819 Other services & charges 290, , , % 85 8,354 Capital outlay 19, % 19,760 - DIVISION TOTAL 340, , , % 19,968 28,173 FUND:79 POLICE & FIRE TRAINING FUND POLICE & FIRE Personal services % - - Material and supplies % - - Other services & charges 123,139 27, , % 4,207 1,397 Capital outlay % - - DIVISION TOTAL 123,139 27, , % 4,207 1,397 FUND:59 LIBRARY GRANT FUND ADMIN SERVICES Other services & charges 55,000 1,497 43, % ,360 DIVISION TOTAL 55,000 1,497 43, % ,360 Page 4

23 City of Lawton, Ok Operating Funds Statement of Appropriations versus Expenditures & Encumbrances Month Ended June 30, 2013 Current Annual Month Year-to-Date YTD Encumbrances Remaining Fund/Object Category Appropriations Expenditures Expenditures %Exp Outstanding Appropriations FUND: 50 ENTERPRISE FUND FINANCE Personal services 875,251 73, , % - 58,332 Material and supplies 73,000 6,279 67, % 4, Other services & charges 158,136 11, , % 11,960 16,329 Capital outlay 17, % - 17,500 DIVISION TOTAL 1,123,887 91,234 1,014, % 16,220 92,998 PUBLIC WORKS Personal services 8,193, ,449 7,295, % 5, ,925 Material and supplies 4,349, ,186 3,731, % 241, ,877 Other services & charges 1,931, ,296 1,299, % 128, ,279 Capital outlay 201,000-74, % 3, ,752 DIVISION TOTAL 14,676,476 1,000,932 12,400, % 379,233 1,896,833 TOTAL FOR FUND: 50 ENTERPRISE FUND 15,800,363 1,092,166 13,415, % 395,453 1,989,831 FUND: 57 R.S.V.P. PARKS & RECREATION Personal services 108,925 8, , % - (18,302) Material and supplies % - 3 Other services & charges 18,896 1,434 18, % Capital outlay % - - DIVISION TOTAL 128,661 9, , % - (18,142) FUND:75 EMERGENCY COMM POLICE Personal services 1,825, ,971 1,599, % - 226,687 Material and supplies 134,450 8, , % ,116 Other services & charges 399,985 9, , % 11, ,350 Capital outlay 142,400 21,900 61, % 63,472 16,993 DIVISION TOTAL 2,502, ,787 2,045, % 75, ,146 FUND:95 DRAINAGE MAINT PUBLIC WORKS Personal services 560,680 48, , % - 82,877 Material and supplies 182,800 8, , % 5,182 40,196 Other services & charges 13, , % - 10,263 Capital outlay DIVISION TOTAL 756,610 56, , % 5, ,336 FUND:96 WASTEWATER MAINT PUBLIC WORKS Personal services 574,853 38, , % 1,250 44,766 Material and supplies 95,300 3,171 70, % 6,212 18,376 Other services & charges 6, % 107 5,797 Capital outlay 1, % 1,200 - DIVISION TOTAL 678,153 41, , % 8,769 68,939 Page 5