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I
<br />CITY OF RAMSEY - FINANCIAL DASHBOARD
<br />QUARTERLY UPDATE-PERIOD ENDING MARCH 31, 2011
<br />IBOND RATING: AA+ As of November 2009
<br />BUDGET TO DATE: March 31, 2011
<br />30,000,000.00 -
<br />29,620,625.72
<br />20,000,000.00
<br />10,000,000.00
<br />ADOPTED BUDGET 2010
<br />Adopted Adopted
<br />Revenue Expenditure
<br />YTD ACTUALS 2010 ADOPTED BUDGET 2011
<br />Adopted Adopted
<br />YTD Rev. 2010 YTD Exp. 2010 Revenue Expenditure YTD Rev. 2011 YTD Exp. 2011
<br />General Fund $ 9,698,041 $ 9,698,041 $ 237,643 $ 2,026,413 $ 9,449,400 $ 9,449,400 $ 246,472 $ 1,857,702
<br />EDA $ 291,705 $ 291,705 $ - $ 92,505 $ 291,705 $ 291,705 $ - $ 9,003
<br />H RA $ 410,124 $ 410,124 $ - $ 33,152 $ 371,049 $ 647,926 $ - $ 121,267
<br />Water Fund $ 1,911,226 $ 1,481,910 $ 6,640 $ 83,676 $ 1,860,075 $ 1,484,255 $ 12,201 $ 90,589
<br />Sewer Fund $ 1,373,761 $ 1,204,728 $ 796 $ 155,062 $ 1 ' 324 830 $ 1,274,244 $ 563 $ 202,182
<br />Street Lighting $ 193,368 $ 171,479 $ - $ 29,545 $ 191,678 $ 187,328 $ - $ 33,608
<br />Recycling Fund $ 335,673 $ 323,392 $ 155 $ 74,912 $ 336,079 $ 324,392 $ 420 $ 74,110
<br />Storm Water Fund $ 614,184 $ 395,069 $ - $ 27,570 $ 614,184 $ 395,928 $ - $ 26,098
<br />CASH & INVESTMENTS: March 31, 2011
<br />Village Bank Checking $ 1,194,028
<br />4M Savings $ 2,648,735
<br />Agencies $ 14,726,979
<br />Certificates of Deposits $ 12,483,741
<br />Municipal Bonds $ 13,875,000
<br />Less Discounts Paid on Invest) $ (1,760,064)
<br />Total Cash & Investments $ 43,168,418
<br />ICASH FLOWS: See Attachments to Case for Detailed Cash Flows
<br />Cash Flows 2002 - 2010
<br />60,000,000.00
<br />52,288,333.25
<br />49,665,371.16 46,312,884.11
<br />50,000,000.00 -
<br />54,000,742.66
<br />40,000,000.00 35,027,774.00 42,982,917.84 44,417,829.93
<br />41,175,419.03
<br />2002 2003 2004 2005 2006 2007 2008 2009 2010
<br />YTD ACTUALS 2011
<br />Cash Flows
<br />FUND BALANCES: (See Attachment) 2010 2011
<br />Total Fund Balances $ 46,476,587 $ 43,391,195
<br />STRATEGIC GOALS: STATUS
<br />Strategic Goal 4: Budget/Finance
<br />1) Review park programming and potential reallocation of parks Mark Riverblood doing inventory
<br />2) Implement credit cards and online bill pay June 2011
<br />3) Review & revise Development Management contract and manage COR expenditures DM Contract Completed. Quarterly update expense
<br />4) Develop TIF 14 tracking plan with regard to fiscal disparities impact First update will be August 2012 after TIF reporting
<br />5) Establish fund reserve policy Bring to FC in Summer 2011
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