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<br /> CITY OF CENTERVILLE, MINNESOTA
<br />STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE-
<br /> GENERAL FUND
<br /> BUDGET AND ACTUAL
<br /> YEAR ENDED DECEMBER 31, 2003
<br /> Variance -
<br /> Budgeted Amounts Favorable
<br /> Original Final Actual (Unfavorable)
<br />REVENUE
<br />General property taxes $ 1,480,623 $ 1,480,623 $ 1,425,932 $ (54,691)
<br />Licenses and permits 217,400 217,400 270,719 53,319
<br />Intergovernmental 145,346 145,346 162,332 16,986
<br />Charges for services 1,600 1,600 773 (827)
<br />Fines and forfeits 20,000 20,000 26,830 6,830
<br />Special assessments 1,087 1,087
<br />Interest on investments 20,000 20,000 20,777 777
<br />Miscellaneous 22,000 22,000 34,564 12,564
<br />TOTAL REVENUE 1,906,969 1,906,969 1,943,014 36,045
<br />EXPENDITURES
<br />Current
<br />General government 483,470 483,470 472,947 10,523
<br />Public safety 676,163 676,163 789,171 (113,008)
<br />Public works 211,384 211,384 286,508 (75,124)
<br />Culture and recreation 70,493 70,493 57,896 12,597
<br />Economic development 6,000 6,000 3,711 2,289
<br />Miscellaneous 10,000 10,000 15,085 (5,085)
<br />Capital outlay 389,223 389,223 91,118 298,105
<br />TOTAL EXPENDITURES 1,846,733 1,846,733 1,716,436 130,297
<br />EXCESS (DEFICIENCY) OF REVENUE OVER EXPENDITUI 60,236 60,236 226,578 166,342
<br />OTIIER FINANCING SOURCES (USES)
<br />Operating transfer in 9,434 9,434
<br />Operating transfer out (60,236) (60,236) (105,564) (45,328)
<br />TOTAL OTHER FINANCING SOURCES (USES) (60,236) (60,236) (96,130) (35,894)
<br />EXCESS (DEFICIENCY) OF REVENUE AND OTHER FINANCING
<br />SOURCES OVER EXPENDITURES AND OTIIER
<br />FINANCING USES $ $ 130,448 $ 130,448
<br />FUND BALANCE, JANUARY 1 937,933
<br />FUND BALANCE, DECEMBER 31 $ 1,068,381
<br />
<br />See Notes to Financial Statements.
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