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11 /01 /2010 <br />CITY OF GEM LAKE, MINNESOTA <br />2011 PRELIMINARY BUDGET <br />GENERAL FUND BUDGET SUMMARY BY ACTIVITY <br />11 /16/2010 <br />2007 2008 2009 2010 2010 2011 % <br />REVENUES BY CLASSIFICATION ACTUAL ACTUAL ACTUAL BUDGET PROJECTED PRELIMINARY CHANGE <br />PROPERTYTAXES <br />$303,738 <br />$370.861 <br />$421,301 <br />$343,228 <br />$339,977 <br />$268,234 <br />-2185% <br />LICENSES & PERMITS <br />21,529 <br />21,664 <br />16,856 <br />16,230 <br />17,123 <br />12,880 <br />-2&64% <br />INTERGOVERNMENTAL REVENUES <br />13,182 <br />16.743 <br />13,454 <br />9,299 <br />9,299 <br />10,796 <br />16.10% <br />CHARGES FOR SERVICES <br />8,259 <br />3,443 <br />1,172 <br />550 <br />1,194 <br />550 <br />0.00% <br />FINES & FORFEITS <br />2,585 <br />2,255 <br />1.774 <br />1.700 <br />1,700 <br />1.700 <br />0.00% <br />MISCELLANEOUS <br />8,791 <br />27,387 <br />26,481 <br />30.080 <br />31,560 <br />31,996 <br />6.37% <br />TOTAL REVENUES <br />$358,085 <br />$442.354 <br />$481,037 <br />$401.087 <br />$400.853 <br />$326.156 <br />-18 68% <br />EXPENDITURES BY DEPARTMENT <br />GENERAL GOVERNMENT <br />41100 <br />CITY COUNCIL <br />$7,696 <br />$9,463 <br />$6.321 <br />$47,266 <br />$8,266 <br />$37,266 <br />-21.16% <br />41900 <br />GENERAL GOVERNMENT <br />43.355 <br />38,178 <br />42,107 <br />58,682 <br />52,350 <br />59.069 <br />0.66% <br />41600 <br />LEGAL SERVICES <br />46,218 <br />57.191 <br />155.944 <br />35,000 <br />23,500 <br />28,500 <br />-18.57% <br />41410 <br />ELECTIONS <br />153 <br />6,105 <br />410 <br />7.750 <br />7,750 <br />500 <br />-93.55% <br />41500 <br />FINANCIAL ADMINISTRATION <br />25,875 <br />40,712 <br />35,634 <br />43,340 <br />39,507 <br />43,580 <br />0.55 % <br />41910 <br />PLANNING & ZONING <br />24.298 <br />18.060 <br />19,344 <br />17,100 <br />10,438 <br />9,950 <br />-41.81% <br />41940 <br />HERITAGE HALL <br />276 <br />42,900 <br />46,130 <br />22,950 <br />22.930 <br />28,550 <br />24.40% <br />TOTAL GENERAL GOVERNMENT <br />$147,872 <br />$212.608 <br />$305,890 <br />$232,088 <br />$164.742 <br />$207,414 <br />-10.63% <br />PUBLIC SAFETY <br />42100 <br />POLICE <br />69,106 <br />76.055 <br />82,245 <br />82,000 <br />82,408 <br />84.574 <br />314% <br />42200 <br />FIRE PROTECTION <br />16,304 <br />16,835 <br />17,839 <br />18,196 <br />17,520 <br />16.863 <br />-7 33% <br />42300 <br />ANIMAL CONTROL <br />522 <br />0 <br />702 <br />100 <br />100 <br />100 <br />0.00% <br />42401 <br />BUILDING INSPECTIONS <br />19,127 <br />10,269 <br />9.822 <br />13,038 <br />11,680 <br />12,138 <br />-6.90% <br />TOTAL PUBLIC SAFETY <br />$105,059 <br />$103,159 <br />$110,608 <br />$113,334 <br />$111,708 <br />$113.675 <br />0 30% <br />PUBLIC WORKS <br />43122 ROAD MAINTENANCE <br />44,769 <br />4,157 <br />28,369 <br />29,950 <br />22.950 <br />64,950 <br />116.86% <br />43125 ICE & SNOW REMOVAL <br />10,553 <br />24.044 <br />14,757 <br />25.715 <br />25,715 <br />25,715 <br />0 00% <br />44100 PARK MAINTENANCE <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0.00% <br />TOTAL PUBLIC WORKS <br />$55,322 <br />$28,201 <br />$43,126 <br />$55,665 <br />$48,665 <br />$90,665 <br />62.88% <br />TOTAL EXPENDITURES <br />$308.253 <br />$343.968 <br />$459,624 <br />$401.087 <br />$325.115 <br />$411,755 <br />2.66% <br />FUND BALANCE - JANUARY 1 $124,433 $174,265 $272,651 $294,065 $294,065 $369,803 <br />EXCESS REVENUE OVER EXPENDITURES $49,832 $98,386 $21.413 ($0) $75,738 (385,599) <br />FUND BALANCE - DECEMBER 31 $174,265 $272.651 $294,065 $294,064 $369,803 $284,205 -3 35% <br />FUND BALANCE AS A % OF NEXT YEAR'S <br />EXPENDITURES (NET OF TRANSFERS) 54.13% 63.33% 71.77% 71.77% 90.25% NIA <br />FUND BALANCE AS A % OF CURR YEAR'S <br />EXPENDITURES (NET OF TRANSFERS) 56.90% 84.68% 68.31 % 73.69% 114.45% 7 3 48% <br />Page 3 <br />