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CITY OF CENTERVILLE,MINNESOTA
<br /> SUMMARY FINANCIAL REPORT
<br /> REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS
<br /> GOVERNMENTAL FUNDS
<br /> FOR THE YEARS ENDED DECEMBER 31,2014 AND 2013
<br /> Percent
<br /> Total Increase
<br /> 2014 2013 (Decrease)
<br /> REVENUES
<br /> Taxes $ 2,267,884 $ 2,287,009 (0.84) %
<br /> Licenses and permits 108,921 122,994 (11.44)
<br /> Intergovernmental 310,796 203,212 52.94
<br /> Charges for services 13,035 5,889 121.34
<br /> Fines and forfeitures 23,043 34,828 (33.84)
<br /> Special assessments 310,391 566,188 (45.18)
<br /> Interest on investments 33,080 6,862 382.08
<br /> Miscellaneous 36,086 41,566 (13.18)
<br /> TOTAL REVENUES $ 3,103,236 $___3,268,548 (5.06) %
<br /> Per Capita $ 785 $ 851 (7.75) %
<br /> EXPENDITURES
<br /> Current
<br /> General government $ 467,067 $ 440,344 6.07 %
<br /> Public safety 1,066,100 1,051,591 1.38
<br /> Public works 325,201 358,939 (9.40)
<br /> Culture and recreation 90,574 95,700 (5.36)
<br /> Economic development - 2,038 (100.00)
<br /> Capital outlay
<br /> General government 1,186 11,248 (89.46)
<br /> Public works 505,995 1,236,533 (59.08)
<br /> Culture and recreation 3,236 18,155 (82.18)
<br /> Debt service
<br /> Principal 855,000 1,229,981 (30.49)
<br /> Interest and other 318,352 238,216 33.64
<br /> Bond issuance costs - 10,278 (100.00)
<br /> TOTAL EXPENDITURES $ 3,632,711 $ 4,693,023 (22.59) %
<br /> Per Capita S 919 $ 1,222 (24.79) %
<br /> Total Long-term Indebtedness $ 8,695,000 $ 9,550,000 (8.95) %
<br /> Per Capita 2,200 2,486 (11.53)
<br /> General Fund Balance-December 31 $ 1,319,013 $ 1,258,596 4.80 %
<br /> Per Capita 334 328 1.83
<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 Street,Centerville,MN 55038. Questions
<br /> about this report should be directed to City Hall at(651)429-3232.
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