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CITY OF RAMSEY <br />Statement of Revenue, Expenditures, and Changes in Fund Balances <br />Governmental Funds <br />Year Ended December 31, 2013 <br />Special Revenue Fund Debt Service Fund <br />Housing and 2012A/2005A Public <br />Redevelopment G.O. Improvement Improvement <br />General Tax Increment Authority Bond Refund Revolving <br />Revenue <br />Property taxes $ 7,270,741 $ 2,234,604 $ 188,360 $ 494,834 $ 1 <br />Special assessments 298,976 <br />Licenses and permits 718,875 - - - <br />Intergovernmental revenue 363,317 - 46 - <br />Charges for services 670,250 42,253 <br />Fines and forfeits 73,110 <br />Other revenue <br />Investment earnings (charges) (106,407) (35,375) (5,613) (16,000) (43,756) <br />Miscellaneous 40,824 418,326 48 13,138 <br />Total revenue 9,030,710 2,617,555 182,841 478,834 310,612 <br />Expenditures <br />Current <br />General government <br />Public safety <br />Highways and streets <br />Culture and recreation <br />Capital outlay <br />Debt service <br />Principal retirement <br />Interest and fiscal charges <br />Total expenditures <br />Excess (deficiency) of revenue over expenditures <br />Other financing sources (uses) <br />Debt issued <br />Proceeds on sale of capital assets <br />Transfers in <br />Transfers (out) <br />Total other financing sources (uses) <br />Net change in fund balances <br />Fund balances <br />Beginning of year <br />End of year <br />See notes to basic financial statements <br />2,184,997 133,233 211,876 <br />3,740,132 - - - <br />1,692,016 197,757 <br />829,725 - - <br />425,460 9,434 <br />450,000 <br />92,130 - - 536,962 - <br />8,964,460 142,667 211,876 986,962 197,757 <br />66,250 2,474,888 (29,035) (508,128) 112,855 <br />928,217 247,848 590,090 <br />(948,356) (496,233) - (25,000) <br />(20,139) (496,233) 247,848 565,090 <br />46,111 1,978,655 (29,035) (260,280) 677,945 <br />6,725,283 1,146,330 8,259,754 959,891 2,237,526 <br />$ 6,771,394 $ 3,124,985 $ 8,230,719 $ 699,611 $2,915,471 <br />46 <br />