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City of Centerville, Minnesota <br />Statement of Revenues, Expenditures and Changes in Fund Balances <br />Governmental Funds <br />For the Year Ended December 31, 2021 <br />101300's402452 <br /> City OtherTotal <br />DebtStreet GovernmentalGovernmental <br />GeneralServiceParkProjectsFundsFunds <br />Revenues <br />Taxes <br />General property$ 2,409,492$ 380,239$ -$ -$ -$ 2,789,731 <br />Gambling 33,758 - - - - 33,758 <br />Franchise - 7,926 - 161,088 - 169,014 <br />Licenses and permits 316,335 - - - - 316,335 <br />Intergovernmental 226,175 - - 59,190 - 285,365 <br />Charges for services 10,968 - 87,000 6,194 - 104,162 <br />Fines and forfeitures 14,761 - - - - 14,761 <br />Special assessments 62,969 107,901 - 83,540 - 254,410 <br />Interest on investments (loss) (5,929) (3,156) 409 (1,511) (465) (10,652) <br />Miscellaneous 149,734 - - - 8,403 158,137 <br />Total Revenues 3,218,263 492,910 87,409 308,501 7,938 4,115,021 <br />Expenditures <br />Current <br />General government 552,283 - - - - 552,283 <br />Public safety 1,362,809 - - - - 1,362,809 <br />Public works 336,737 - - - - 336,737 <br />Culture and recreation 153,215 - - - 53,450 206,665 <br />Economic development 34,616 - - - - 34,616 <br />Capital outlay <br />General government 42,469 - - - 1,450 43,919 <br />Public works - - - 231,069 86,974 318,043 <br />Culture and recreation 10,018 - 23,204 - 70 33,292 <br />Debt service <br />Principal - 426,843 - - - 426,843 <br />Interest and other - 53,377 - - - 53,377 <br />Bond issuance costs - 20,903 - - 20,903 <br />Total Expenditures 2,492,147 501,123 23,204 231,069 141,944 3,389,487 <br />Excess (Deficiency) of Revenues <br />Over (Under) Expenditures 7 26,116 (8,213) 64,205 77,432 (134,006) 725,534 <br />Other Financing Sources (Uses) <br />Sale of capital assets - - - - 11,005 11,005 <br />Transfers in - 161,060 - 200,000 81,000 442,060 <br />Refunding bonds issued - 1,321,859 - - 1,321,859 <br />Principal paid on refunded bonds - (1,285,000) - - (1,285,000) <br />Transfers out (281,000) (161,060) - - - (442,060) <br />Total Other Financing Sources (Uses) (281,000) 36,859 - 200,000 92,005 47,864 <br />Net Change in Fund Balances 445,116 28,646 64,205 277,432 (42,001) 773,398 <br />Fund Balances, January 1 1,574,009 497,849 (887,624) 248,794 413,735 1,846,763 <br />Fund Balances, December 31$ 2,019,125$ 526,495$ (823,419)$ 526,226$ 371,734$ 2,620,161 <br />The notes to the financial statements are an integral part of this statement. <br />36 <br /> <br />