CITY OF CENTERVILLE, MINNESOTA
<br />SUPPLEMENTARY INFORMATION
<br />SUMMARY FINANCIAL REPORT
<br />REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS
<br />GOVERNMENTAL FUNDS
<br />YEARS ENDED DECEMBER 31, 2010 AND 2009
<br />Percent
<br />TotalIncrease
<br />(Decrease)
<br />20102009
<br />REVENUES
<br />Taxes$ 2,148,804$ 1,974,663 8.82%
<br />Licenses and permits 97,207 138,121 (29.62)
<br />Intergovernmental 537,805 182,458 194.76
<br />Charges for services 4,408 3,607 22.21
<br />Fines and forfeitures 36,028 28,836 24.94
<br />Special assessments 659,531 701,070 (5.93)
<br />Interest on investments 48,262 80,549 (40.08)
<br />Miscellaneous 38,082 48,293 (21.14)
<br />TOTAL REVENUES$ 3,570,127$ 3,157,597 13.06%
<br />Per Capita$ 920$ 826 11.32%
<br />EXPENDITURES
<br />Current
<br />General government$ 518,632$ 500,119 3.70%
<br />Public safety 1,054,045 1,060,001 (0.56)
<br />Public works 354,644 375,036 (5.44)
<br />Culture and recreation 93,539 126,809 (26.24)
<br />Economic development 15,078 19,203 (21.48)
<br />Capital outlay
<br />General government 3,601 - -
<br />Public works 1,302,202 2,791,460 (53.35)
<br />Culture and recreation 128,358 211,381 (39.28)
<br />Economic development - 155,195 (100.00)
<br />Debt service
<br />Principal 2,882,104 305,354 843.86
<br />Interest and other 486,335 326,513 48.95
<br />Bond issuance costs - 61,692 100.00
<br />TOTAL EXPENDITURES$ 6,838,538$ 5,932,763 15.27%
<br />Per Capita$ 1,762$ 1,553 13.49%
<br />Total Long-term Indebtedness$ 10,809,439$ 13,691,543 (21.05)%
<br />Per Capita 2,785 3,583 (22.27)
<br />General Fund Balance - December 31$ 1,068,411$ 1,231,326 (13.23)%
<br />Per Capita 275 322 (14.57)
<br />The purpose of this report is to provide a summary of financial information concerning the City of Centerville to interested
<br />citizens. The complete financial statements may be examined at City Hall, 1880 Main St, Centerville, MN 55038. Questions
<br />about this report should be directed to City Hall at (651) 429-3232.
<br />-91-
<br />
<br />
|