Laserfiche WebLink
CITY OF GEM LAKE, MINNESOTA <br />SCHEDULE OF REVENUES, EXPENDITURES, <br />AND CHANGE IN FUND BALANCE <br />BUDGET AND ACTUAL <br />GENERALFUND <br />YEAR ENDED DECEMBER 31, 2019. <br />Budgeted Amounts <br />Actual <br />Variance with <br />Ori inal <br />Final. <br />Amounts <br />Final -budget. <br />REVENUES <br />Taxes <br />$ 385,088 <br />$ 385,08$ <br />$ 370,729 <br />$. (14.350) <br />Special Assessments <br />- <br />- <br />385 <br />385 <br />In <br />29,135 <br />29,135 <br />16,75.9 <br />(12,376) <br />Licenses and.Permits <br />36,050 <br />36;050 <br />961742 <br />60,592 <br />Fines and Forfeits <br />2,000. <br />2,0.00 <br />1,769 <br />(231) <br />Public Charges for Services <br />57700 <br />5,700 <br />21,817 <br />16,117 <br />Mlscellaneous: <br />Interest <br />4000 <br />2,000 <br />11,698 <br />.9,698 <br />Other. <br />4,900 <br />4,900 <br />6,737 <br />1,837 <br />Total Revenues. <br />46073 <br />464,873 <br />.526.,636 <br />61,763 <br />EXPENDITURES. <br />General Government <br />1.76,304 <br />176,304 <br />151,0.3& <br />.25.266 <br />Public Safety <br />95;825 <br />95,825 <br />85,725 <br />10,100 <br />Public Works <br />.77,769 <br />77,769 <br />54,687 <br />231 .. <br />Conservation and Development <br />64,125 <br />641725 <br />79,091 <br />(.14,366) <br />Capital Outlay <br />- <br />- <br />5,493 _ <br />5,493 <br />Total Expenditures <br />414,623 <br />414,623 <br />376,:03.4 <br />381589 <br />EXCESS OFREVENUE <br />OVER (UNDER) EXPENDITURES <br />50,260 <br />50,250 <br />150,602 <br />100,352 <br />OTHER FINANCING USES <br />Transfers Out <br />(50;250) <br />(50,250)- <br />NET CHANGE IN FUND BALANCE <br />s 50,250 <br />$ - <br />1.00,352 <br />$ 100,352. <br />Fund Balance = Beginning of Year <br />394,915 <br />FUND BALANCE - END OF YEAR <br />$. 495,26.7 <br />See accompanying Note to Required Supplementary information. <br />(29} <br />