2004-04-14 Handouts - Laserfiche WebLink

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7. Miscellaneous Miscellaneous Revenue includes $2,376.25 in tipping rebate fees from Waste Management. These fees were not known and, therefore, not considered at budget time. 8. Refunds and Reimbursements The refunds and reimbursements line item contains items that do not have an affect on the City's budget, such as pass-through gambling funds. The amount shown includes a $2,018 workers' compensation premium refund from LMCIT, the receipt of $1 ,500 earmarked for defibrillators for the police department, and $12,500 in gambling funds for the fire department. 9. Transfers In Administrative costs and interest income were transferred to the General Fund when closing out the TIF 1-3 Fund. Expenditures: 1. Financial Administration The budget amount for audit services was cut in half from last year, which proved to be too optimistic. Cost- saving measures have been implemented, however, not all of those savings were realized this year. It is expected that additional savings will be realized next year, however, extra expenses will likely occur as a result of implementing GASB 34 and SAS 99. 2. Assessing Payments were made to Anoka County for assessment services. 3. Legal The legal budget was increased substantially this year; however, legal fees exceeded budget by $4,594. 4. Engineering Engineering charges were slightly below budget. S. City Hall Due to increased energy costs, city hall plant expenses have exceeded budget. 6. Police Protection Monthly payments are made to the Centennial Lakes Police Department in the amount of$40,379. In addition, $1,500 in charitable gambling donations was passed through for the purchase of medical equipment. 7. Fire Protection Payments are made quarterly in the anlount of$20,405.25 to Centennial Fire Department. All four payments were made in addition to the pass-through of $12,500 in gambling funds.