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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, 2011
<br />Budgeted Amounts
<br />Original Final
<br />Revenue
<br />Property taxes $ 7,037,127 $ 6,624,887 $ 6,624,888 $ 1
<br />Licenses and permits 438,732 361,443 368,153 6,710
<br />Intergovernmental revenue 305,300 337,673 337,855 182
<br />Charges for services 823,875 1,067,467 1,045,032 (22,435)
<br />Fines and forfeits 112,500 105,833 105,833
<br />Other revenue
<br />Investment earnings 100,000 100,000 142,881 42,881
<br />Miscellaneous 19,000 33,574 31,238 (2,336)
<br />Total revenue 8,836,534 8,630,877 8,655,880 25,003
<br />Expenditures
<br />Current
<br />General government 2,347,573 2,221,647 2,196,906 (24,741)
<br />Public safety 4,004,340 3,913,599 3,886,613 (26,986)
<br />Highways and streets 1,799,462 1,744,540 1,746,202 1,662
<br />Culture and recreation 894,491 875,906 848,069 (27,837)
<br />Capital outlay 142,600 132,579 132,578 (1)
<br />Debt service
<br />Interest and fiscal charges 260,934 130,863 130,863
<br />Total expenditures 9,449,400 9,019,134 8,941,231 (77,903)
<br />Excess (deficiency) of revenue
<br />over expenditures (612,866) (388,257) (285,351) 102,906
<br />Other financing sources (uses)
<br />Transfers in 612,866 629,488 642,461 12,973
<br />Transfers (out) - (110,016) (146,348) (36,332)
<br />Total other financing sources (uses) 612,866 519,472 496,113 (23,359)
<br />Net change in fund balances $ $ 131,215 210,762 $ 79,547
<br />Fund balances
<br />Beginning of year 6,177,870
<br />End of year $ 6,388,632
<br />49
<br />Actual
<br />Over (Under)
<br />Final Budget
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