Laserfiche WebLink
<br />.. ~ . <br /> <br />6. Electrical Inspection <br />The electrical inspection budget was increased this year, but appears to be running <br />over budget. This should not be a concern as fees are collected to offset this <br />expense. <br /> <br />7. Animal Control <br />Animal Control expenditures are higher than budget due to a larger than normal <br />number of dogs being impounded. We have increased the budge accordingly for <br />2004, as the trend seems to be continuing. <br /> <br />8. Streets <br />The street budget is over due to the pavement management study. Additional <br />street work can be funded from available capital outlay funds. <br /> <br />9. Parks and Recreation <br />Skate park attendants were not utilized this year, resulting in expenditures below <br />budget in the programs department. <br /> <br />10. Capital Outlay <br />No capital expenditures have been made to date. Capital funds likely to be <br />expended before year-end include the Mound Trail project, 21st Avenue <br />reconstruction, and 3 vehicles for public works. These items should deplete the <br />capital budget. <br /> <br />10. Transfen Out <br />The amount shown represents the debt-related transfers made earlier this year <br />(city hall lease payment, etc.) This will be the last year for those obligations. <br /> <br />Entemrise Funds <br /> <br />1. Water and Sewer <br />Both funds show positive net income. Utility revenue will fluctuate with the <br />quarterly billings. Depreciation will be recorded at year-end. The amount of <br />$15,000 was budgeted in both the Water and Sewer funds for transfer to the <br />General Fund. Last year, Council chose not to do this. It is still an option for this <br />year. The construction of a water tower and new well over the next two years will <br />substantially deplete the Water Fund. <br /> <br />Prepared By: <br /> <br />Approved By: <br /> <br />Finance Director <br /> <br />Administrator <br /> <br />N arrative.doc <br />