E-2
BOROUGH OF SOMERVILLE
PARKING UTILITY FUND
STATEMENT OF REVENUES - OPERATING FUND
REGULATORY BASIS
YEAR ENDED DECEMBER 31, 2021
| 2021 | ||||
|---|---|---|---|---|
| REF. | BUDGET | REALIZED | EXCESS | |
| Fund Balance | E-1 | $227,500.00 |
$227,500.00 |
|
| Parking Meters | E-1,E-4 | 283,000.00 |
420,351.68 |
$137,351.68 |
| Parking Permits | E-1,E-4 | 19,000.00 |
21,289.02 |
2,289.02 |
| Parking Deck Fees | E-1,E-4 | 19,000.00 |
76,000.00 |
57,000.00 |
| Desapio Deck Contribution | E-1,E-4 | 76,000.00 |
76,000.00 |
|
| Miscellaneous | E-1,E-4 | 8,453.93 |
8,453.93 |
|
$624,500.00 |
$829,594.63 |
$205,094.63 |
||
| Ref. | E-3 |
Analysis of Realized Revenues:
Analysis of Parking Meters:
| Parking Meters - Parking Utility | E-4 | $420,351.68 |
||
$420,351.68 |
Analysis of Miscellaneous Revenues:
| Interest on Investments | E-4 | $4,682.89 |
||
| Electric Car Charging Station | E-4 | 2,331.04 |
||
| Parking Impact Fees | E-4 | 1,440.00 |
||
$8,453.93 |
28