|
i
<br />CITY OF GEM LAKE, MINNESOTA
<br />2011 PRELIMINARY BUDGET
<br />304 2007 CAPITAL IMPROVEMENT PLAN BONDS
<br />REVENUE BUDGET
<br />ACCT. 2007 2008 2009 2010 2010 2011
<br /># ACCOUNT DESCRIPTION ACTUAL ACTUAL ACTUAL BUDGET PROJECTED PRELIMINARY CHANGE
<br />PROPERTY TAXES
<br />31001 CURRENTTAXES
<br />$93,540
<br />$51,232
<br />$23,900
<br />$52.600
<br />$52,600
<br />$52,000
<br />1.14%
<br />31002 DELINQUENT TAXES
<br />0
<br />40
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />31003 FISCAL DISPARITIES TAXES
<br />1,689
<br />1,169
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />31004 PENALTIES & INTEREST
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL FINES & FORFEITS
<br />$95,229
<br />$52,440
<br />$23,900
<br />$52.600
<br />$52.600
<br />$52,000
<br />-1.14%
<br />MISCELLANEOUS
<br />36210 INTEREST EARNINGS
<br />503
<br />1,798
<br />1,079
<br />1,000
<br />1,000
<br />1,000
<br />0.00%
<br />39100 BOND PROCEEDS
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />39200 TRANSFERSIN
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL MISCELLANEOUS
<br />$503
<br />$1,798
<br />$1,079
<br />$1.000
<br />$1.000
<br />$1.000
<br />0.00%
<br />TOTAL REVENUES
<br />$95.733
<br />$54.238
<br />$24,979
<br />$53,600
<br />$53,600
<br />$53,000
<br />-1.12%
<br />EXPENDITURE BUDGET
<br />CAPITAL OUTLAY
<br />600 BOND PRINCIPAL
<br />$0
<br />$0
<br />$15,000
<br />$15,000
<br />$15,000
<br />$15,000
<br />0.00%
<br />610 BOND INTEREST
<br />0
<br />40,384
<br />35,955
<br />35.355
<br />35,355
<br />35,355
<br />0.00%
<br />620 FISCAL AGENT FEES
<br />0
<br />450
<br />450
<br />450
<br />450
<br />450
<br />0.00%
<br />720 TRANSFERS OUT
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0
<br />0.00%
<br />TOTAL CAPITAL OUTLAY
<br />$0
<br />$40,834
<br />$51,405
<br />$50,805
<br />$50,805
<br />$50.805
<br />0.00%
<br />TOTAL EXPENDITURES
<br />SO
<br />S40,834
<br />$51,405
<br />$50,805
<br />$50.805
<br />S50.805
<br />0.00%
<br />FUND BALANCE- JANUARY 1 $0 $95,733 $109,136 $109,136 $111,931 $111.931
<br />EXCESS REVENUE OVER EXPENDITURES $95,733 $13,404 ($26.426) $2,795 $2.795 $2,195
<br />FUND BALANCE - DECEMBER 31 $95,733 $109,136 $82,710 $111.931 $114.726 $114.126 1,96%
<br />Page 20
<br />
|