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CITY OF GEM LAKE, MINNESOTA. <br />2010 PROPOSED BUDGET <br />304 2097.CAPiTAL IMPROVEMENT PLAN BONDS <br />REVENUE BUDGET <br />ACCT. 2005 2006 2007 2008 2009 2009 2010. .2010 % <br />it ACCOUNT DESCRIPTION ACTUAL ACTUAL ACTUAL ACTUAL ADOPTED PROJECTED PREUMNARY PROPOSED CHANGE <br />PROPERTY TAXES <br />31001 CURRENT TAXES SO 'SO $93.540 $51,232 S23,900 .$23,900 S53,200 $52,600 120.06% <br />31002 DELINQUENT TAXES 0 0 0 40 0 0 0 0 0.00% <br />31003 FISCAL DISPARITIES TAXES ❑ 0 1,869 1.169 0 0 0 0 0.00% <br />31004 PENALTIES & INTEREST 0 0 0 0 0 0 0 0 0.00% <br />TOTAL FINES .& FORFEITS $0 SO S95,229: S52,440 523,900 523.900 $53.200 $52,600 120.08%. <br />►IISCELLANEOUS <br />36210 INTEREST EARNINGS 0 0 :503 ' 1,798 1.079 11;079 :1,000 .1,000 -7:33% <br />39100 BOND PROCEEDS 0 0 0 0 0 0 0 0 0.00% <br />39200 TRANSFERS IN 0 0 0 0 0 0 0 0 0.00% <br />TOTALMISCELUUJEOUS $0 ;$0 $503 $1.798 S1,079 $1,079 $1,000 $1,000. -7.33% <br />TOTAL REVENUES <br />5XPEPD1TUV BUDGET <br />CAPITAL OUTLAY <br />600 BOND PRINCIPAL <br />610 BOND INTEREST <br />620 FISCAL AGENT FEES <br />720 TRANSFERS OUT <br />$0 $0 $95,733. S54,236 $24,979 S24,979 554,200 $53,600. 114,58% <br />50 .50 50 SO $15,000 515,000 515,000 $15,000 0.00% <br />O 0 0 40.364 35,955 35,955 35,355 35.355 -1.67% <br />O 0 0 450 450 450 450 450 0.00% <br />O ❑ 0 0 0 0 0 0 0.00% <br />TOTAL CAPITAL OUTLAY <br />TOTAL EXPENDITURES <br />$0 <br />$0 SO S40.634 551,405S51,405 $50,805 . S60,805 -1.17% <br />SO 50 $0 540.834 S51.405 S51,405 $50.605 550,805 -1.17% <br />FUND BALANCE-JANUARY 1 SO SO SO $95,733. $109.138 5109.136 S82,710 .582,710 <br />EXCESS REVENUE OVER EXPENDITURES SO SO $95,733 $13;404 ($26.426) ($26,428) $3,395 $2,795 <br />FUND BALANCE - DECEMBER 31 SO SO $95,733 5109.136 582,710 S82,710 585,105 $65,505 3.38% <br />Page 38 of 46 <br />