Financial Report FY 21-22 3 Months


Wilderness Coast Public Libraries
Year to Date Income Statement
2022 Year to Date Actual vs 2022 Budget
For the Month Ending December 31, 2021
2022 Year to
Date
Actual 2022 Budget
$ Variance
Actual Budget
Remaining
%Variance
Actual vs
Budget
Remaining
Revenues
State Grant 350,000 350,000 – 0%
Interest Income – – – 0%
Other Income – – – 0%
Total Revenues 350,000 350,000 –
Expenses
Salaries 26,983 100,000 73,017 73%
OPS (Salaries) 2,000 2,000 100%
FICA 2,064 10,000 7,936 79%
Retirement 1,346 23,000 21,654 94%
Health Insurance 810 13,000 12,190 94%
Workers Compensation 111 1,200 1,089 91%
Professional Services 809 8,500 7,691 90%
Contractual Expenses 17,392 54,000 36,608 68%
Travel 480 6,000 5,520 92%
Communications 1,585 8,000 6,415 80%
Postage 58 11,200 11,142 99%
Rent 3,100 18,600 15,500 83%
Insurance 1,520 7,000 5,480 78%
Maintenance 274 5,000 4,726 95%
Other Expenses 144 3,000 2,856 95%
Office Supplies 876 1,000 124 12%
Operating Supplies 2,233 20,000 17,767 89%
Subscriptions / Memberships 3,313 2,500 (813) -33%
Equipment 100 2,000 1,900 95%
Books and Materials 170 54,000 53,830 100%
Total Expenses 63,369 350,000 286,631 82%
Net Income 286,631 – (286,631) 100