|
CITY OF GEM LAKE, MINNESOTA
<br />2012 PROPOSED BUDGET
<br />304 2007 CAPITAL IMPROVEMENT PLAN BONDS
<br />REVENUE BUDGET 11/15/2011
<br />ACCT. 2008. 2009 2010 2011 2011 2012
<br /># ACCOUNT DESCRIPTION ACTUAL ACTUAL ACTUAL ADOPTED PROJECTED PROPOSED
<br />11/15/2011
<br />CHANGE
<br />PROPERTY TAXES
<br />31001. CURRENT TAXES 551,232 $21,700.. $49,570 $52,000 .549,620 551,300 -1:35%
<br />31002 DELINQUENT TAXES 40 2,491 383 0 •426 0 0.00%
<br />3.1003 FISCAL DISPARITIES•TAXES 1,169 610. 143 0 523 .0 0,00%
<br />31004 PENALTIES & INTEREST 0 0. 0 0 .0 0 0.00%
<br />TOTAL FINES & FOREEC'S
<br />$52,440. S24,807 $50,099 $52,000 $50,569 $61;300-1:35%
<br />MISCELLANEOUS
<br />36210 INTEREST EARNINGS 1,798 1,200. 683 863 800 1,000 15.87%
<br />39100 BOND. PROCEEDS 0 :0. 0• 0 0 0 0.00%,
<br />39200 TRANSFERS IN 0 0 0: 0 0 '0 0.00%
<br />TOTAL MISCELLANEOUS
<br />TOTAL REVENUES
<br />$1,798 $1,200 $683 $863 $800 $1,000 15.87%
<br />S54,238 $26,007 $50.779 $52,863 S51.369 S52,300 -1.07%
<br />EXPENDITURE BUDGET
<br />CAPITAL OUTLAY
<br />600 BOND PRINCIPAL 50 .515,000 $15,000 S15,000 S15,000 $15,000 0.00%
<br />610 BOND INTEREST 40,384 35,955 35.355. 34,755 34,755 34,155 -1,73%
<br />620 FISCAL AGENT FEES 450 550. 550. 650 560 550 0.00%
<br />720 TRANSFERS OUT 0 0 0 0 0 0 0.00%
<br />TOTAL CAPITAL OUTLAY $40,534 $51,505 550,905 $50,305 $50,305 $49,705. -1.19%
<br />TOTAL EXPENDITURES
<br />$40,834 $51,505 $50.905 $50,305 550,305 $49,705 -1.19%
<br />FUND BALANCE -JANUARY 1 595,733 S109,136 S83,638. $83,5i2. $83,512 $84,576
<br />EXCESS REVENUE OVER EXPENDITURES $.13.404. ($25,498) ($126) $2,558 $1,064 $2,595
<br />FUND. BALAN GE - DECE M BER 31
<br />$109,136 S83,638 583,512 $86,070 $84,576 $87,171 1.28%
<br />Page 44 of 50
<br />
|