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CITY CP GEM .LAKE,. MIN.NES.OTA <br />NOTE TO REQUIRED SUPPLEMENTARY INFORMATION <br />ā¯‘ECEMBER 31, 2015. <br />STEWARDSHIP COMPLIANCE AND ACCOUNTABILITY - BUDGET <br />The General Fund. budget is legally adopted on a basis consistent with U3. generally accepted <br />accounting principles. Actual expenditures exceed budgets during 2015 by $55,057. These over <br />expenditures were funded by greater than anticipated revenues_ <br />(31) <br />