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Notice Annual Summary Financial Report - <br />City of Ramsey <br /> <br />763-427-1410. <br />Revenues and Expenditures for General Operations <br />(Governmental Funds) <br />Percent <br />Increase <br />Revenues:20162015(Decrease) <br />Property Taxes$ 10,684,896$ 10,175,3995.01% <br />Special Assessments 444,235 468,844-5.25% <br />Licenses and Permits 526,008 784,954-32.99% <br />Intergovernmental Revenue 1,795,988 2,052,791-12.51% <br />Charges for Services 1,298,085 1,779,697-27.06% <br />Fines and forfeits 66,410 60,23610.25% <br />Other Revenue: <br />Investment Earnings 276,142 416,50833.70% <br />Developer Reimbursement - 8,692,463** <br />Land Sale Gains - 1,442,047 <br />Miscellaneous 773,836 545,28441.91% <br />Total Revenues$ 15,865,600$ 26,418,223-39.94% <br />Per Capita*$ 613$ 1,032-40.57% <br />Expenditures: <br />General Government$ 3,537,925$ 3,119,27313.42% <br />Public Safety 4,234,482 4,011,8715.55% <br />Highways and Streets 2,199,615 1,815,40921.16% <br />Culture and Recreation 1,478,090 1,428,1163.50% <br />Debt Service: <br />Bond Principal retirement 1,735,000 8,780,000-80.24%** <br />Interest and fiscal charges 965,474 1,103,614-12.52% <br />Capital Outlay 2,756,193 6,314,573-56.35% <br /> Total Expenditures$ 16,906,779$ 26,572,856-36.38% <br />Per Capita*$ 654$ 1,038-37.04% <br />Total Long-term Indebtedness$ 41,407,533$ 34,206,24621.05% <br />Per Capita*$ 1,601$ 1,33619.79% <br />Governmental Fund Balance - December 31 <br />General Fund <br />Reserved$ -$ - <br />Unreserved - - <br />Nonspendable 15,431 1,613 <br />Assigned - - <br />Unassigned 7,501,962 7,271,432 <br />Total General Fund$ 7,517,393$ 7,273,0453.36% <br />Per Capita*$ 291$ 2842.28% <br />All other Governmental Funds <br />Reserved$ -$ - <br />Unreserved <br />Nonspendable 450.00 - <br />Restricted 18,377,993.00 18,484,179.00 <br />Committed 1,041,932.00 890,603.00 <br />Assigned 13,331,150.00 12,645,683.00 <br />Unassigned (87,659.00) (556,135.00) <br />Total all other governmental funds$ 32,663,866$ 31,464,3303.81% <br />Per Capita*$ 1,263$ 1,2292.73% <br />* Calculated using population estimate of 25,868 for 2016 and 25,598 for 2015 <br /> apartment building in 2016. <br />6 Ramsey Resident • July/August 2017 <br />