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<br />Finance <br /> <br />~ <br /> <br />City of Ramsey <br />2008 Summary Budget Statement <br /> <br />The purpose of this statement is to provide summary 2008 budget information for the city of Ramsey to interested <br />citizens. The budget is published in accordance with Minnesota State Statute Section 471.6965. This is a summary of the <br />budget; the complete city budget may be examined at the office of the Finance Officer, Ramsey Municipal Center, 7550 <br />Sunwood Drive NW, Ramsey, MN 55303 or online at www.ci.ramsey.mn.us. The Ramsey City Council approved the <br />2008 Budget on December 11,2007. For more information please contact, Diana Lund, Finance Officer, at 763-433-9847 <br />or dlund@ci.ramsey.mn.us. <br /> <br />2008 Budget <br />Bud~eted General Funds <br /> <br />2007 <br />Adopted <br /> <br />Revenues: <br />Taxes <br />Licenses and permits <br />Intergovernmental Revenues: <br />Federal <br />State <br />County and Local <br />Charges for Services <br />Fines and Forfeits <br />Interest Earnings <br />Miscellaneous Revenue <br />Total Revenue <br /> <br />$ 6,449,480 <br />1,087,010 <br /> <br />5,000 <br />685,200 <br />o <br />641,937 <br />110,000 <br />100,000 <br />1 ~500 <br />$ 9~080~ 127 <br /> <br />Expenditures: <br />General Government <br />Public Safety <br />Public Works <br />Parks and Recreation <br />Capital Outlay <br />Debt Service <br />Miscellaneous Expenditures <br />Total Expenditures <br /> <br />$2,693,856 <br />3,845,430 <br />1,654,957 <br />976,248 <br />1 , 124,571 <br />43,748 <br />175,984 <br />$10,514,794 <br /> <br />Excess (Deficiency) of Revenues <br />Over Expenditures <br /> <br />$(1,434,667) <br /> <br />Other Financing Sources (Uses) <br /> <br />$ 1~434~667 <br /> <br />Excess (Deficiency) of Revenues <br />and Other Financing Sources <br />Over Expenditures and Other <br />Financing Uses <br /> <br />$ <br /> <br />Property Tax Levy Requirement <br />to Fund the Budget <br /> <br />$ 6,884,480 <br /> <br />2008 <br />Amended <br /> <br />Change from <br />2007 to 2008 <br /> <br />$ 7,177,338 $ 727,858 <br /> 742,310 (344,700) <br /> 5,000 0 <br /> 695,100 9,900 <br /> 0 0 <br /> 577,740 (64,197) <br /> 110,000 0 <br /> 1 72,444 72,444 <br /> 27 )000 2~)~OO <br />$ 9~506~932 $ 426~805 <br /> $2,754,456 $ 60,600 <br /> 4,145,982 300,552 <br /> 1,691,492 36,535 <br /> 971,937 ( 4,311 ) <br /> 392,200 (732,371 ) <br /> 40,834 (2,914) <br /> 52~335 (123~649) <br />$ 10,049,236 $ ( 465,558) <br />$ (542,304) $ 892,363 <br />$ 542~304 $ (892~363) <br /> <br />o <br /> <br />$ <br /> <br />o <br /> <br />$ <br /> <br />(0) <br /> <br />$ 7~610~338 <br /> <br />www.ci.ramsey.mn.us <br /> <br />3 <br />