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2004-05-12 CC Meeting
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2004-05-12 CC Meeting
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<br />7. Miscellaneous <br />YTD Miscellaneous Revenues include a total of $11 0,000 from Mr. Dennis <br />Shudy in payment for the Cedar Street Park property. The City payed the County <br />$100,000 for the property. <br /> <br />8. Refunds and Reimbursements <br />The refunds and reimbursements line item contains items that do not have an <br />affect on the City's budget, such as pass-through gambling funds. <br /> <br />9. Transfers In <br />Administrative costs were transferred from the Capital Project Funds. <br /> <br />Expenditures: <br />1. Financial Administration <br />The audit is complete and a partial payment has been made to the City audit firm. <br />Extra expenses will likely occur as a result of implementing GASB 34 and the <br />SAS 99 fraud investigation component. <br /> <br />2. Assessing <br />Payment was made to Anoka County in March for this year's assessing. <br /> <br />3. Legal <br />Legal charges for January through March are reflected in the legal charges line <br />item. <br /> <br />4. Engineering <br />Engineering charges for the month of January through March are shown in this <br />report. <br /> <br />5. City Hall <br />Increased energy costs may cause a year-end deficit in the city hall account. <br /> <br />6. Police Protection <br />Monthly payments are made to the Centennial Lakes Police Department in the <br />amount of $40,379. <br /> <br />7. Fire Protection <br />Payments are made quarterly in the amount of $20,669.25 to Centennial Fire <br />Department. Two payments have been made. The budget also allows for the pass <br />through of state fire aid, which will not be received until September. <br /> <br />8. Electrical Inspection <br />The electrical inspector bills on a quarterly basis. The first quarter is reflected on <br />this report. Fees are collected to offset this expense. <br />
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