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<br /> CITY OF CENTERVILLE, MlNNESOTA
<br /> SUMMARY FINANCIAL REPORT
<br />REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS
<br /> GOVERNMENTAL FUNDS
<br /> YEARS ENDED DECEMBER 31, 2005 AND 2004
<br /> Percent
<br /> Total Total Increase
<br /> 2005 2004 (Decrease)
<br />REVENUES
<br />Taxes $ 1,654,109 $ 1,515,765 9.13 %
<br />Licenses and permits 223,481 234,463 (4.68)
<br />Intergovernmental 254,274 192,554 32.05
<br />Charges for services 748 2,346 (68.12)
<br />Fines and forfeitures 34,316 23,202 47.90
<br />Special assessments 542,173 724,247 (25.14)
<br />Interest on investments 127,891 139,088 (8.05)
<br />Miscellaneous 177,257 177,430 (0.10)
<br />TOTAL REVENUES $ 3,014,249 $ 3,009,095 0.17 %
<br />Per Capita 783.33 825.77 (5.14)
<br />EXPENDITURES
<br />Current
<br />General government $ 490,306 $ 481,213 1.89 %
<br />Public safety 965,643 842,191 14.66
<br />Public works 254,683 293,699 (13.28)
<br />Culture and recreation 57,618 66,355 (13.17)
<br />Economic development 31,284 8,266 278.47
<br />Miscellaneous 18,024 18,103 (0.44)
<br />Capital outlay
<br />General government 25,390 170,311 (85.09)
<br />Public safety 827,750
<br />Public works 461,150 2,794,158 (83.50)
<br />Culture and recreation 14,144
<br />Economic development 85,156 38,186 123.00
<br />Debt service
<br />Principal 485,000 565,000 (14.16)
<br />Interest and other charges 205,091 118,450 73.15
<br />TOTAL EXPENDITURES $ 3,921,239 $ 5,395,932 (27.33) %
<br />Per Capita 1,019.03 1,480.77 (31.18)
<br />Total Long-term Indebteness $ 6,052,750 $ 5,710,000 6.00 %
<br />Per Capita 1,572.96 1,566.96 0.38
<br />General Fund Balance - December 31 $ 1,549,356 $ 1,316,103 17.72 %
<br />Per Capita 402.64 361.17 11.48
<br />The purpose of this report is to provide a summary of financial information concerning the City ofCenterville 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 John Meyer, Finance Director at (651) 429-3232.
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