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CITY OF CENTERVILLE, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCES - BUDGET AND ACTUAL
<br />GENERAL FUND
<br />YEAR ENDED DECEMBER 31, 2010
<br />Budgeted Amounts
<br />ActualVariance with
<br />OriginalFinalAmountsFinal Budget
<br />REVENUES
<br />Taxes
<br />General property$ 1,646,561$ 1,653,000$ 1,651,153$ (1,847)
<br />Gambling - - 753 753
<br />Licenses and permits 131,500 96,650 97,207 557
<br />Intergovernmental 177,883 154,550 155,003 453
<br />Charges for services 2,000 4,600 4,408 (192)
<br />Fines and forfeitures 33,500 33,500 36,028 2,528
<br />Special assessments - 28,000 28,090 90
<br />Interest on investments 30,000 20,000 13,677 (6,323)
<br />Miscellaneous 136,500 37,300 21,325 (15,975)
<br />TOTAL REVENUES 2,157,944 2,027,600 2,007,644 (19,956)
<br />EXPENDITURES
<br />Current
<br />General government 543,654 513,130 518,632 (5,502)
<br />Public safety 1,089,753 1,052,750 1,054,045 (1,295)
<br />Public works 250,208 348,500 354,194 (5,694)
<br />Culture and recreation 73,386 80,600 84,961 (4,361)
<br />Economic development 2,000 600 399 201
<br /> - 5,850
<br />Miscellaneous 5,500 5,850
<br />Capital outlay 83,093 176,500 178,185 (1,685)
<br />Debt service - 6,500 6,633 (133)
<br />TOTAL EXPENDITURES 2,047,594 2,184,430 2,197,049 (12,619)
<br />DEFICIENCY OF REVENUES
<br />UNDER EXPENDITURES 110,350 (156,830) (189,405) (32,575)
<br />OTHER FINANCING SOURCES (USES)
<br />Transfers in - - 26,490 26,490
<br />Transfers out (99,500) - - -
<br />TOTAL OTHER FINANCING
<br />SOURCES (USES) (99,500) - 26,490 26,490
<br />NET CHANGE IN FUND BALANCES 10,850 (156,830) (162,915) (6,085)
<br />FUND BALANCES, JANUARY 1 1,231,326 1,231,326 1,231,326 -
<br />FUND BALANCES, DECEMBER 31$ 1,242,176$ 1,074,496$ 1,068,411 $ (6,085)
<br />The notes to the financial statements are an integral part of this statement.
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