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<br />questioned the increasing practice of designating fund balances, saying that <br />cities are attempting to "hide" their fund balances. Cities should expect additional <br />scrutiny and criticism of their fund balances. <br /> <br />At a minimum, cities should designate a working capital fund and designate <br />adequate revenue for cash-flow to cover operating expenses for the first half of <br />their next calendar year. <br /> <br />Expenditures <br />The following list is a summary of programs common to most cities. Each <br />category includes special services or activities. The types of expenses that are <br />included in each category will vary from city to city. A basic list of programs <br />includes: <br /> <br />General government <br />Public safety <br />Streets and highways <br />Sanitation <br />Health <br /> <br />Libraries <br />Parks and recreation <br />Debt service <br />Miscellaneous <br /> <br />Budget considerations <br />The following costs should be considered by cities when planning budgets. <br />These types of expenses influence the costs of city government in all categories <br />of expenditures. The broad areas of taxes and employment costs are: <br /> <br />State taxes <br />Federal taxes <br />Wages and benefits <br />Pension and requirement costs <br /> <br />insurance expenditures <br />Association dues <br />Miscellaneous items <br /> <br />For more detailed information about city budgeting, please visit the League of <br />Minnesota Cities web site at www.lmnc.orq/librarv/handtoc.cfm. <br /> <br />* Local governments are NOT required to hold truth in taxation hearings in 2001 for 2002 levies. <br />