|
CITY OF GEM LAKE, MINNESOTA
<br />2011 ADOPTED BUDGET
<br />DEBT SERVICE FUNDS SUMMARY
<br />REVENUE BUDGET
<br />1111612010
<br />ACCT..
<br />2007
<br />2008
<br />2009
<br />2010
<br />2010
<br />2011
<br />%
<br />#i ACCOUNT 0ESCRIPTI0N
<br />ACTUAL
<br />ACTUAL
<br />ACTUAL
<br />BUDGET
<br />PROJECTED
<br />ADOPTED
<br />CHANCE
<br />PROPERTY TAXES
<br />3100.1 :CURRENT TAXES
<br />$93,540.
<br />851,232.
<br />$21.706
<br />552;600
<br />$62,600
<br />S52,000
<br />-1,14%
<br />31002 DELINQUENTTAXES.
<br />0
<br />40..
<br />2;491
<br />0.
<br />0
<br />0
<br />0.00%
<br />31003 FISCAL DISPARITY TAX
<br />1.689
<br />.1,160
<br />610
<br />0
<br />0
<br />0
<br />0.00°h,
<br />31004 PENALTIES & INTEREST"
<br />0
<br />0
<br />.0
<br />0
<br />0
<br />4
<br />4.00°ti.
<br />TOTAL PROPERTYTAXES
<br />S95;229
<br />SSZ440
<br />S24,807
<br />$52,600
<br />$52.600
<br />S52.000
<br />-1.14`Yv
<br />SPECIAL_ASSESSMENTS
<br />36141
<br />SPECIAL ASSESSMENTS
<br />116,301
<br />68,718.
<br />101,153
<br />60,034
<br />59,352
<br />59,362
<br />-1,12%
<br />36102
<br />DELI NOUENT SPECIAL ASSESSMENTS
<br />0
<br />70.
<br />106
<br />0
<br />0
<br />0
<br />0.00 %
<br />5.6103.
<br />P ENALTI ES & I NT E REST
<br />55
<br />26,480
<br />22,6ce
<br />23.393
<br />19.615
<br />17.174
<br />-26.59%
<br />TOTAL FINES & FORFEITS
<br />5116;356
<br />$93,209
<br />$123,861
<br />$85.427
<br />$78,977
<br />S761537
<br />-8,2695
<br />MISCELLANEOUS
<br />M210
<br />INTEREST EARNINGS
<br />9,846
<br />3,877
<br />5.126
<br />4:865
<br />5.054
<br />3.625
<br />-25A86
<br />39000
<br />MISCELLANEOUS
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00.%
<br />39200
<br />BON[. PROCEEDS
<br />0
<br />0
<br />0
<br />U.
<br />0
<br />0
<br />0:00%
<br />39300
<br />TRANSFERS tN
<br />37,480
<br />0.
<br />0
<br />0
<br />0
<br />0
<br />0,00°6
<br />TOTAL MISCELLANEOUS
<br />S47.126
<br />$3,877
<br />$5,126
<br />$4,865
<br />$5,054
<br />$3.525
<br />-25.48 0
<br />TOTAL REVENUES
<br />$268.711
<br />$149,586
<br />S153.793
<br />S140,892
<br />5136.631
<br />5132.162
<br />-6:26%
<br />EXPENDITURE BUDGET
<br />CAPITAL OUTLAY
<br />601
<br />BONG PRINCIPAL
<br />.60;327
<br />72,207
<br />09.156
<br />91.179
<br />91,179
<br />98.276
<br />7,78%
<br />602
<br />BOND INTEREST
<br />30,207
<br />68.924
<br />.61,696
<br />5%063
<br />59,063
<br />54,539
<br />-T66%
<br />603
<br />FISCAL.AGENT FEES
<br />0
<br />450
<br />.550
<br />5501
<br />550
<br />650
<br />18,1k.
<br />701
<br />MISCELLANEOUS
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />720
<br />TRANSFERS OUT
<br />0
<br />.0
<br />a
<br />0
<br />0
<br />0
<br />.0.00%
<br />TOTAL CAPITAL.OUTLAY
<br />$80.534
<br />$141,581
<br />S!51,392
<br />$150,792
<br />S150,892
<br />$..153,455
<br />1.77%
<br />TOTAL EXPENDITURES
<br />S80:534
<br />S141,58.1
<br />S.151,392
<br />S150.792
<br />$150.892
<br />5153,465
<br />1.77%
<br />FUND BALANCE - JANUARY 1 $188,222 $366,400 5366,400 $366;400 $366,400 $374,404
<br />EXCESS REVENUE'OVER EXPENDITURES S178,178 581004 .$2,401 {59.900j (S14,261) (S21,303)
<br />FUND BALANCE -DECEMBER31 S366,400 $374.404 $368.80.1 S356.500 S352,738 $353,101 -0.95%
<br />(adopted November 16 ,201p)
<br />Page 23.
<br />
|