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CITY OF GEM LAKE, MINPNESbTA <br />.2011 ADOPTED BUDGET <br />M0 2006IMPROVEMENT13OWS <br />REVENUE BUDGET <br />1111.612016 <br />ACCT, <br />2007 <br />2008 <br />2009 <br />2010 <br />2010 <br />2011 <br /># ACCOUNT DESCRIPTION <br />ACTUAL <br />ACTUAL <br />ACTUAL <br />BUDGET <br />PROJECTED <br />ADOPTED. <br />CHANGE <br />SPECIAL ASSESSMENTS <br />36101 SPECIAL ASSESSMENTS <br />$42.308 <br />$16,448 <br />S37,572 <br />$17;339 <br />815,983 <br />S15,983 <br />-7.821k: <br />36102 DELINQUENTSPECIALASS ESSMENTS <br />.0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />361M PENALTIES & INTEREST <br />..46 <br />.9.744. <br />7,402 <br />8,755 <br />6,501 <br />6.329 <br />-27.70% <br />TOTAL FINES & FORFEITS <br />$42.354 <br />525,192. <br />$44.974 <br />$26.094 <br />:522.5,36 <br />$22,313 <br />-94;497. <br />MISCELLANEOUS <br />36210 INTEREST EARNINGS <br />4,483: <br />706 <br />1,958 <br />1,920 <br />21136 <br />1,416 <br />-26.27 % <br />39106 BOND PROCEEDS <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />39200. TRANSFERS IN <br />37,480 <br />0 <br />D <br />0 <br />0 <br />0 <br />0:001A <br />TOTAL MISCELLANEOUS <br />$41,963 <br />S7W <br />51;958 <br />$1,920 <br />S2,136. <br />51,416 <br />-26.27% <br />TOTAL REVENUES. 184,316 525,898 546,932. $28.014 524;721 S23,729-15,30% <br />EXPENDITURE BUDGET <br />CAPITAL OUTLAY <br />600 <br />BOND PRINCIPAL <br />SO <br />S20,000 <br />S20,000 <br />$20,ROQ <br />S20.000 <br />S2s.mo <br />25.00% <br />6fO <br />BOND INTEREST <br />9.891 <br />10,105 <br />9,245 <br />0,245 <br />0.245 <br />7,419. <br />-19,7796 <br />620 <br />F IS CAL AG ENT FE ES <br />0 <br />❑ <br />0 <br />50 <br />.50 <br />50 <br />0.00% <br />720 <br />TRANSFERS OUT <br />0 <br />0 <br />4 <br />0 <br />0 <br />0 <br />O.OW <br />TOTAL.CAPITAL OUTLAY <br />$9,891 <br />$30.105 <br />S291245 <br />$29,295 <br />$29,295 <br />WA68 <br />10.830A <br />TOTAL EXPENDITURES 59,891 $30,105 S29,245 $29;295 529,295 S32,468. 16,83% <br />FUNOBALANCE -JANUARYI S5B;239 $132,664 $128,457 S146,145 S.146,145 $141571 <br />EXCESS. REVENUE OVER EXPENDITURES 574;425 (54,207y $17,667 ($1,281) ($4,574) ($8,739) <br />FUND BALANCE- DECEMBER'31 $132.664 $128.457 $146,145. S144,864 5741,571 $132,632-B.3190 <br />(adapted November 16 ,20.10) <br />Page 25 <br />