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CITY OF GEM LAKE, MINNESOTA <br />2010 PROPOSED BUDGET <br />BUDGET SUMMARY 6Y FUND TYPE <br />REVENUE BUDGET <br />2005. 2006 2007 2008 2008 2009. 2010 2010 <br />ACCOUNT DESCRIPTION .ACTUAL ACTUAL ACTUAL ACTUAL ADOPTED PROJECTED PRELIMNARY PROPOSED CHANGE <br />GENERAL FUND S308,671 5585,550 5368,085 $442,354 ' $461,470 5482,809. 6469,582 3401,087. • -16.7014 <br />•SPECIALREVENUE FUNDS 697 1,124 • 1,736 807. 2;894 600 600" 600 79.27%• <br />DEBT SERVICE FUNDS 54,575 269,855. 268711 149,586 130,100 •123,500 141;493 140,1392 8.30% <br />CAPITAL IMPROVEMENT FUNDS 170,000 269,430 851;400 19,436 30,000 144.225 .0 18,547-38.18"/ <br />ENTERPRISE FUNDS 52,046 •52,844 64,436 78,038 :89,918 176,670 47,892 51,020 43.26% <br />TOTAL REVENUES 6586;288 81,178,804. S1.544,370 6691221 6734,382 $927,804 $659,557 5512,146'-16.64% <br />EXPENDITURE BUDGET <br />GENERAL FUND S333,738 5634,377 S308,263 $343,668 S481,470 6522,361 $469,582 5401,067-16.70% <br />SPECIAL REVENUE FUNDS 0 0 0 0 0 0 0 0 0.00% <br />DEBT SERVICE FUNDS 18,179 146,999 60,534 141,5E1 151,392 151.292 150,792 150,782 -0.40% <br />CAPITAL IMPROVEMENT FUNDS 476,432 .235,952 866,904 60,791 0 178.160 0 0 0,00% <br />ENTERPRISE FUNDS 40,328 205,970 63,705 38,933. 83,915 88,048 61,997 61,997-26.12%. <br />TOTAL EXPENDITURES 68513,675 $1.223,298 $1,341,395 5565,273. 5715,777 5937,661 $682,372 5613,676:-14.36% <br />FUND BALANCE- JANUARY 1 $1,278,310 S997,924 S952,436 5740,071 S638,015 $638,015 $812,684 S663,755 <br />EXCESS REVENUE OVER EXPENDITURES ($280,386) ($44,494) $262,975 5105,948. $17,605 ($10,057) ($22,805) ($1,730) <br />FUND BALANCE. DECEMBER 31 $997,924 5953,430 S1,155,411 $646,019 $855,620 $827,959 $789,879 $862,024 0.75%.. <br />Page 15 of 46 <br />