Laserfiche WebLink
Trends: Fines and Forfeiture revenue are remaining fairly flat. <br />Franchise Fees <br />Franchise fees are derived from a fee imposed on cable TV revenues collected by the utilities <br />for usage within the City. The fees are deposited in the Special Revenue Cable Fund. Cable TV <br />franchise fees are used to cover communication and AV equipment costs. <br />Trends: The fee currently is estimated to generate approximately $96,320 per year for the <br />Cable Fund. <br />Developer Reimbursements <br />The County has purchased the TCAAP property. Once plans and phasing have been <br />determined, estimates can be made on developer reimbursements and expenditures for the <br />property. A Development Agreement will be entered into in which the City is reimbursed for its <br />expenses incurred with this acquisition. <br />Trends: No revenues have been budgeted at this time but once plans and phasing have been <br />determined, significant revenues are expected to offset costs incurred in connection with this <br />project. (This will happen as part of the Joint Development Authority with Ramsey County). <br />Investment Earnings <br />Investment earnings are allocated to all funds based upon a weighted average of their daily <br />cash balance. For budgeting purposes, the interest earnings are projected and the allocation <br />from the latest Comprehensive Annual Financial Report is used. Market value changes related <br />to the required recognition of unrealized gains / losses are included in the estimate for <br />budgetary purposes. <br />Trends: Investment earnings are subject to the interest rate, economy and are dependent on <br />what rates are available at the time investments were made. Overall interest earnings are <br />projected to increase from the 2019 budget. As always, investment earnings are subject to <br />sudden shifts in the economy. <br />Other Revenues <br />Miscellaneous sources which do not fit into any of the above mentioned revenue categories. <br />These sources include donations, other small unexpected payments, and non-operating <br />revenues (Proprietary Funds) such as sale of scrap or surplus. <br />Trends: These revenues are expected to remain constant over the next several years. <br />is <br />