2002-11-27 CC Packet - Laserfiche WebLink

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5. Miscellaneous The amount of $3 I ,940 was budgeted in the Miscellaneous Revenues account, consisting of operating transfers from Water and Sewer. Council later decided not to transfer these funds. The Refunds and Reimbursements line item includes donations from the Centennial Fire Relief Association in the amount of $26,500 that were not in the budget. The money came from gambling proceeds and was passed on to the Centennial Fire Department. Expenditures: 1. Financial Administration The audit is for the year. The audit was over budget this year due to the extensive amount of time spent on the 2001 audit, TlF problems, and deferred compensation and wage issues. 2. Assessing Payment was made to Anoka County in February for this year's assessing. Assessment payments are substantially done for the year. 3. Fire Protection Payments are made quarterly in the amount of$19,016.50 to Centennial Fire Department. The amount shown includes payments for the entire year. It also includes payments to the Centennial Fire Department in the amount of$26,500 from gambling proceeds ofthe Centennial Fire Relief Association. 4. Electrical Inspection Due to the increase in development, electrical inspection will be over budget for the year. Staffwill propose an increase in this line item for 2003. 5. Streets Street work is done for the year. 6. Parks and Recreation Money was budgeted for a park intern, but was never utilized. 7. Capital Outlay Very little of the capital budget has been spent so far this year. As a result, General Fund expenditures are below budget at this time. 8. Transfers Out The amount shown represents the debt -related transfers made earlier this year (city hall lease payment, etc.), residual equity transfers approved by council to close out obsolete funds, and transfers made to close out capital projects funds. The capital projects revenues are being pursued by the city attorney.