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CITY OF GEM LAKE", MINNESOTA <br />2011 ADOPTED BUDGET <br />CAPITAL IMPROVEMENT FUND SUMMARY <br />REVENUE BUDGET <br />111161201.0 <br />ACCT. <br />2007 <br />20US <br />2009 <br />2010 <br />20.10 <br />2D11 <br />% <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 />0. <br />D. <br />14,694 <br />16,940 <br />15,653 <br />15,966 <br />-5.7514 <br />36102 DELINIQUENT SPECIAL ASSESSMENTS <br />0 <br />0 <br />0 <br />0 <br />0 <br />4 <br />0:00% <br />36103 PENALTIES & WEREST <br />0 <br />4 <br />0 <br />1,694 <br />1,701 <br />1.316 <br />-22.3114 <br />TOTAL .SPECIAL ASSESSMENTS <br />$0 <br />50. <br />$14,094. <br />S78,634 <br />$17,354 <br />$.17,282 <br />-7,26% <br />MISCELLANEOUS <br />36210 INTEREST EARNINGS. <br />S11,400 <br />(55$4) <br />($87). <br />($85j. <br />($901) <br />(S422) <br />396,54% <br />36200.MISCELLANEOUS <br />0 <br />0 <br />70,126 <br />0 <br />❑ <br />0 <br />0100%. <br />39i00 BOND PROCEEDS <br />850,000 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0:0D% <br />39200 TRANSFERS IN <br />0 <br />20,000. <br />27,098 <br />0 <br />0 <br />25,000. <br />0.00%• <br />TOTAL MISCELLANEOUS <br />$861,400 <br />$19,435 <br />$97,137 <br />($85) <br />(S901) <br />$24,578 <br />-29D52,6G°/o <br />TOTAL REVENUES <br />S861,460 <br />M9,436. <br />$111,231 <br />$18.549 <br />$16,453 <br />541,860 <br />125.6710 <br />EXPENDITURE BUDGET <br />OTHER -SERVICES & CHARGES <br />302 <br />ENGINEERING FEES <br />1.314 <br />2,164 <br />0 <br />0 <br />0 <br />0 <br />6,00% <br />304 <br />LEGAL FEES <br />7,266 <br />0 <br />0 <br />0 <br />1.042 <br />0 <br />D,00% <br />335 <br />ARCHFTECT FEES <br />78,8Ta <br />{2,3D1} <br />0 <br />0 <br />0 <br />Q <br />0.009b <br />308 <br />OTHER PROFESSIONAL SERVICE. <br />3.136 <br />3,785 <br />Q. <br />0 <br />0 <br />D <br />0-00% <br />3D9 <br />MISCELLANEOUS <br />26,348 <br />0 <br />0 <br />0 <br />D <br />0 <br />0:00'y. <br />31D <br />CONFERENCE REGISRATIONS. <br />25 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.000% <br />333 <br />MEETING PREPARATION <br />50 <br />0 <br />0 <br />0 <br />Q <br />0 <br />0..00% <br />351 <br />LEGAL NOTICE PUHICATION S: <br />598 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />610 <br />INTEREST <br />676 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />620 <br />FISCALAGENT FEES <br />.32 <br />0 <br />0 <br />0 <br />D <br />0 <br />O-Da% <br />TOTAL OTHER SERVICES & CHARGES. <br />$118,334 <br />$3,577 <br />50 <br />SO <br />$1,042 <br />80 <br />0:00% <br />CAPITAL OUTLAY <br />531 <br />OTHER IM0ROVE MENTS <br />0 <br />6 <br />13 <br />0 <br />0 <br />0 <br />0.06% <br />526 <br />BUILDING CONSTRUCTION <br />728.090 <br />57,2.13 <br />0 <br />0 <br />.0 <br />D <br />0.00% <br />720 <br />OPERATING TRANSFERS <br />42,480 <br />0 <br />141.705 <br />0 <br />0 <br />.0 <br />0.0D% <br />TOTAL CAPITAL OUTLAY <br />S770.570 <br />S57;213 <br />$141,705 <br />$0 <br />$0 <br />$0 <br />0,00% <br />TOTAL EXPENDITURES <br />$585,904 <br />$60,791 <br />S141,708. <br />$0 <br />$1-,042 <br />$0 <br />0.00% <br />FUND BALANCE -JANUARY1 <br />$41,761 <br />$14,257 <br />($27,098) <br />f557,57iJ <br />(557,5711 <br />I$42,161) <br />EXCESS REVENUE OVER EXPENDITURES <br />($27,504) <br />($41,354) <br />($4474) <br />$18,549 <br />S15,411 <br />$41.860 <br />FUNIBALANCE -DECEPABER31 <br />514,257 <br />($27,098) <br />($57.;571) <br />($39.022) <br />(S42,161) <br />(000J <br />-99,23.% <br />-57571 <br />(adapted. November 16 .2010) <br />Page 27 <br />