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302 2004 IMPROVEMENT BONDS <br />CITY OF GEM LAKE, MINNESOTA <br />2010 PROPOSED BUDGET <br />REVENUE BUDGET <br />ACCT. 2005 2005 2007 2008 2009 20092010. 2010 <br />4 ACCOUNT DESCRIPTION ACTUAL ACTUAL ACTUAL ACTUAL ADOPTED PROJECTED PRELIMNARY PROPOSED CHANGE <br />SPECIAL ASS E SS MEND <br />36101 SPECIAL ASSESSMENTS $54,675 $102,912: $73,993 $50,270 $72,000 545,059 342,695 542,695 -40.70% <br />36102 DELINQUENT SPECIAL ASSESSMENTS 0 0 0 70 0 0 0 0 0.00% <br />36103 PENALTIES S INTEREST 0 .0 10. 17,736 0 18,023 14,638 14,638 0.00%. <br />TOTAL FINES & FORFEITS $54.675 3102,912 $74,003. $56,077 $72,000 363,082 . $57,333 $57,333-20.3751 <br />MISCELLANEOUS <br />36210 INTEREST EARNINGS' 0 0 4,660 1;373 2,651 1,945 1,945 1,945-23.76% <br />39100. BOND PROCEEDS'• 0 0 .0 0• 0 0 0 0 ❑.❑0% <br />39200 TRANSFERS IN 0 101,945 0. •0• 0. 0 0 0 0.00% <br />TOTAL NIiSCELLANEOUS SO $.101,945 . $1,650 $1,373 $2,551 $1,045 $1,945 $1,945-23.76% <br />TOTAL REVENUES. $54,876 5204,857 $78,662 $59,449 $74,551 365,027 $59.278 559278:-20.49%. <br />EXPENDITURE BUDGET <br />CAPITAL OUTLAY <br />600 BOND PRINCIPAL S0 $24,480 $50,327 352,207 $54,156 $54,156 $56,179 556,179 3,74% <br />610 BOND INTEREST 16,141 21,682 20,315 18,435 16,485. 16,486 14,463 14,463 -1227% <br />620 FISCAL AGENT FEES 38 3B 0 0 50' 0 50 50 0.00% <br />720 TRANSFERS OUT 0 94,039 0 0 0 0 0 0 0,00% <br />TOTAL CAPITAL OUTLAY $16,179 $140,239 $70,642 $70,642 370,692. $70,542 $70,692 370,692 0.00'! <br />TOTAL EXPENDITURES <br />FUND BALANCE - JANUARY 1 <br />EXCESS REVENUE OVER EXPENDITURES <br />FUND BALANCE - ❑ECEMBER 31 <br />316.179 $146,239 $70642 370,642 $70,692 570,642 370,692 $70,692 0.00% <br />$26,869 <br />335,496 <br />$55.365 <br />$65, 365 <br />364,5113 <br />3129,983 <br />$129,983 3138,003. $138,810 $135,810 $131,195 $131,195 -4.10% <br />18,020 ($1,193) $3.859 (55,615] ($11,414) (311,414) -395.80% <br />5138,003 3136,810 3140.669 $131,195 5119,781 3119,781-14.85% <br />Page.36 of 46 <br />