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CITY OF RAMSEY - FINANCIAL DASHBOARD
<br />QUARTERLY UPDATE - PERIOD ENDING MARCH 31, 2011
<br />IBOND RATING:
<br />AA+
<br />As of November 2009
<br />BUDGET TO DATE: March 31, 2011
<br />General Fund
<br />EDA
<br />H RA
<br />Water Fund
<br />Sewer Fund
<br />Street Lighting
<br />Recycling Fund
<br />Storm Water Fund
<br />60,000,000.00
<br />50,000,000.00
<br />40,000,000.00
<br />30,000,000.00
<br />20,000,000.00
<br />10,000,000.00
<br />ADOPTED BUDGET 2010
<br />Adopted Adopted
<br />Revenue Expenditure
<br />$ 9,698,041
<br />$ 291,705
<br />$ 410,124
<br />$ 1,911,226
<br />$ 1,373,761
<br />$ 193,368
<br />$ 335,673
<br />$ 614.184
<br />CASH & INVESTMENTS: March 31, 2011
<br />Village Bank Checking
<br />4M Savings
<br />Agencies
<br />Certificates of Deposits
<br />Municipal Bonds
<br />Less Discounts Paid on Invest)
<br />Total Cash & Investments
<br />$ 1,194,028
<br />$ 2,648,735
<br />$ 14,726,979
<br />$ 12,483,741
<br />$ 13,875,000
<br />$ (1,760,064)
<br />$ 43,168,418
<br />ICASH FLOWS: See Attachments to Case for Detailed Cash Flows
<br />29,620,625.72
<br />$ 9,698.041
<br />$ 291,705
<br />$ 410,124
<br />$ 1,481,910
<br />$ 1,204,728
<br />$ 171,479
<br />$ 323,392
<br />$ 395,069
<br />YTD ACTUALS 2010
<br />YTD Rev. 2010 YTD Exp. 2010
<br />$ 237,643
<br />$ 6,640
<br />$ 796
<br />$ -
<br />$ 155
<br />Cash Flows 2002 - 2010
<br />49,665,371.16
<br />$ 2,026,413
<br />$ 92,505
<br />$ 33,152
<br />$ 83,676
<br />$ 155,062
<br />$ 29,545
<br />$ 74,912
<br />$ 27,570
<br />41,175,419.03
<br />42, 982,917.84
<br />2002 2003 2004 2005 2006
<br />52, 288,333.25
<br />ADOPTED BUDGET 2011
<br />Adopted Adopted
<br />Revenue Expenditure
<br />$ 9,449,400
<br />$ 291,705
<br />$ 371,049
<br />$ 1,860,075
<br />$ 1,324,830
<br />$ 191,678
<br />$ 336,079
<br />$ 614,184
<br />54,000,742.66
<br />2007 2008
<br />$ 9,449,400
<br />$ 291,705
<br />$ 647,926
<br />$ 1,484,255
<br />$ 1,274,244
<br />$ 187,328
<br />$ 324,392
<br />$ 395,928
<br />46,312,884.11
<br />2009 2010
<br />YTD ACTUALS 2011
<br />YTD Rev. 2011 YTD Exp. 2011
<br />$ 246,472 $ 1,857,702
<br />$ $ 9,003
<br />$ $ 121,267
<br />$ 12,201 $ 90,589
<br />$ 563 $ 202,182
<br />$ $ 33,608
<br />$ 420 $ 74,110
<br />$ - $ 26,098
<br />44,417,829.93
<br />Cash Flows
<br />FUND BALANCES: (See Attachment)
<br />Total Fund Balances
<br />2010 2011
<br />$ 46,476,587 $ 43,391,195
<br />STRATEGIC GOALS:
<br />Strategic Goal 4: Budget /Finance
<br />1) Review park programming and potential reallocation of parks
<br />2) Implement credit cards and online bill pay
<br />3) Review & revise Development Management contract and manage COR expenditures
<br />4) Develop TIF 14 tracking plan with regard to fiscal disparities impact
<br />5) Establish fund reserve policy
<br />STATUS
<br />Mark Riverblood doing inventory
<br />June 2011
<br />DM Contract Completed. Quarterly update expense
<br />First update will be August 2012 after TIF reporting
<br />Bring to FC in Summer 2011
<br />
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