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CITY OF ROSEVILLE, MINNESOTA <br />GENERAL FUND <br />STATEMENT OF REVENUES, EXPENDITURES, AND <br />CHANGES IN FUND BALANCES - BUDGET AND ACTUAL <br />For the Year Ended December 31, 2007 <br />The notes to the financial statements are an integral part of this statement. <br />33 <br />Budget <br />Actual <br />Variance with <br />GriEinal <br />Final <br />Amounts <br />Final Budget <br />REVENUES <br />General property taxes <br />$ 75882,370 $ <br />75882,370 $ <br />7,5781944 <br />$ (303,426) <br />Intergovernmental revenue <br />865,040 <br />8655000 <br />134085823 <br />5431823 <br />Licenses and permits <br />3123500 <br />3125500 <br />286,218 <br />(26,282) <br />Charges for services <br />980,000 <br />980,000 <br />13190,422 <br />210,422 <br />Fines and forfeits <br />1945300 <br />1945300 <br />2423630 <br />48,330 <br />Donations <br />0 <br />0 <br />32,670 <br />32,670 <br />Special Assessments <br />0 <br />0 <br />23397 <br />25397 <br />Investment Income <br />3545989 <br />354,989 <br />1733533 <br />(1815456) <br />Miscellaneous <br />30,000 <br />30,000 <br />2423976 <br />212;976 <br />Total revenues <br />10,619,159 <br />101951.59 <br />11,15 8;613 <br />5395454 <br />EXPENDITURES <br />Current <br />General government <br />159525894 <br />1,952,894 <br />13897,890 <br />55,004 <br />Public safety <br />6,919,870 <br />73269,870 <br />7,2603374 <br />9,496 <br />Public works <br />1,927,115 <br />2,077,115 <br />2,0745778 <br />2;337 <br />Economic development <br />0 <br />8705000 <br />8667935 <br />3,065 <br />Total expenditures <br />109799,879 <br />12,1693879 <br />1250995977 <br />695902 <br />Excess of revenue over <br />(under) expenditures <br />(180,720) <br />(195503720) <br />(9413364) <br />6095356 <br />OTHER FINANCING SOURCES (USES) <br />Transfers in <br />1603000 <br />1603004 <br />160,000 <br />0 <br />Transfers (out) <br />0 <br />0 <br />(400,000) <br />(4003000) <br />Total other financing sources (uses) <br />160,000 <br />1.603000 <br />(2405000) <br />(400,000) <br />Net change in fund balances <br />(205720) <br />(11390,724) <br />(151815364) <br />209;356 <br />Fund balances - beginning <br />53399,470 <br />51399,470 <br />513993470 <br />0 <br />Fund balances - ending <br />$ 5,3781750 $ <br />4,008,750 $ <br />4,2189106 <br />$ 209,356 <br />The notes to the financial statements are an integral part of this statement. <br />33 <br />