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See notes to basic financial statements
<br />CITY OF RAMSEY
<br />Statement of Revenue, Expenditures, and Changes in Fund Balances
<br />General Fund - Budget and Actual
<br />Year Ended December 31, 2010
<br />Budgeted Amounts
<br />Original Final
<br />Revenue
<br />Property taxes $ 7,034,194 $ 6,843,652 $ 6,843,652 $ -
<br />Licenses and permits 400,250 412,072 412,071 (1)
<br />Intergovernmental revenue 283,100 336,188 340,043 3,855
<br />Charges for services 700,451 810,738 841,701 30,963
<br />Fines and forfeits 120,000 100,199 100,199
<br />Other revenue
<br />Investment earnings 150,000 150,000 230,635 80,635
<br />Miscellaneous 45,000 21,326 20,978 (348)
<br />Total revenue 8,732,995 8,674,175 8,789,279 115,104
<br />Expenditures
<br />Current
<br />General government 2,585,993 2,407,478 2,414,536 7,058
<br />Public safety 4,006,847 3,762,604 3,779,318 16,714
<br />Highways and streets 1,788,009 1,701,979 1,708,130 6,151
<br />Culture and recreation 839,695 813,692 817,505 3,813
<br />Capital outlay 224,850 210,086 193,382 (16,704)
<br />Debt service
<br />Interest and fiscal charges 252,647 190,648 190,648
<br />Total expenditures 9,698,041 9,086,487 9,103,519 17,032
<br />Excess (deficiency) of revenue
<br />over expenditures (965,046) (412,312) (314,240) 98,072
<br />Other financing sources (uses)
<br />Transfers in 965,046 965,046 965,046 -
<br />Transfers (out) - (1,603,000) (1,608,000) (5,000)
<br />Total other financing sources (uses) 965,046 (637,954) (642,954) (5,000)
<br />Net change in fund balances $ - $ (1.050,266) (957,194) $ 93,072
<br />Fund balances
<br />Beginning of year 7,016,953
<br />End of year $ 6,059,759
<br />Actual
<br />Over (Under)
<br />Final Budget
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