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City of Ramsey- General Fund <br />Interim Financial Report <br />Actual as Compared to Budget <br />As of March 31, 1991 <br /> <br />This report compares the General Fund Actual Revenue and Expenditures <br />to the budget adopted 11/20/90. Since the adoption of this budget, <br />Cities have been advised of the Governor's reco~mnendation to cut a <br />portion of the Local Government Aid Revenue received by Cities. The <br />impact to the City of Ramsey is estimated at a $70,664 revenue shortfall <br />for the calendar year of 1991. If this cut is realized, the City's adopted <br />budget will need to be amended to decrease expenditures by $70,664 to <br />maintain a balanced budget. <br /> <br />City of Ramsey - Finance Office Page 4 Printed 4/22/91 <br /> <br /> <br />