2002 Approved Budget - Laserfiche WebLink

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Discussion - 2002 - Capital Equipment and Improvements The following schedules provide line -item details of equipment and improvements approved for each department or program. The schedule includes not only the equipment approved but also indicates which of the requested items were unbudgeted i.e. not approved. ➢ Operating Budget - General Governmental: Items funded from the operating budget are either new or have not replacement funds set aside. ➢ Operating Budget- Enterprise Funds: Proprietary funds are funded from retained earnings and are expected to have funds available for new or replacement assets. ➢ Replacement Fund: Funds which are labeled as such, have had depreciation funding (replacement) funding set aside to replace assets purchased in earlier years. ➢ Tax Increment Improvements: Details those expected expenditures, which are permitted under the Minnesota State Statues and the City Tax Increment Policy. These expenditures are new and are funded from funds either carried over from previous years or from expected 2002 income. ➢ Unbudgeted: Indicates those items or portion of requested items that were not funded for 2002. To meet City funding policies, some capital items may have more than one funding source and they are displayed as such.