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2020 Management Letter
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2020 Management Letter
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10/7/2025 6:33:56 PM
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Financial/Accounting
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<br />-12- <br />The following graph illustrates the components of General Fund spending for 2020 compared to budget: <br /> All Other <br /> Public Works <br /> Public Safety <br /> General Government <br />General Fund Expenditures <br />Budget and Actual <br />Budget Actual <br />General Fund expenditures for 2020 were $353,621, which was $110,517 (23.8 percent) under budget. <br /> <br />General government expenditures were $39,984 under budget, due to the City not spending the City <br />Council-approved contingency funds and lower than projected legal expenditures. Public works <br />expenditures were $59,259 under budget, due to lower than expected costs for tree trimming and snow <br />removal. <br /> <br />The City also transferred out $410,000 to other funds for capital projects and road improvement purposes. <br /> <br />The following graph presents the City’s General Fund expenditures by function for the last five years: <br /> General <br /> Government Public Safety Public Works All Other <br />2016 $134,037 $119,793 $37,508 $51,122 <br />2017 $129,980 $121,247 $30,952 $78,121 <br />2018 $148,709 $80,122 $71,983 $131,025 <br />2019 $151,038 $85,725 $54,687 $84,584 <br />2020 $141,395 $106,319 $48,720 $57,187 <br />$– <br /> $25,000 <br /> $50,000 <br /> $75,000 <br /> $100,000 <br /> $125,000 <br /> $150,000 <br /> $175,000 <br />General Fund Expenditures by Function <br />Year Ended December 31, <br /> Total General Fund expenditures for 2020 were $22,413 (6.0 percent) lower than the previous year. <br /> <br />All other expenditures decreased $27,397, due to less development activity in the current year.
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