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CITY OF RAMSEY <br />Statement of Revenue, Expenditures, and Changes in Fund Balances <br />General Fund - Budget and Actual <br />Year Ended December 31, 2017 <br />Budgeted Amounts <br />Original Final <br />Actual <br />Over (Under) <br />Final Budget <br />Revenue <br />Property taxes $ 8,685,635 $ 8,685,635 $ 8,594,143 $ (91,492) <br />Licenses and permits 511,800 511,800 732,129 220,329 <br />Intergovernmental revenue 352,050 352,050 375,045 22,995 <br />Charges for services 619,462 619,462 711,805 92,343 <br />Fines and forfeits 66,000 66,000 59,701 (6,299) <br />Other revenue <br />Investment earnings 100,000 100,000 88,753 (11,247) <br />Miscellaneous 31,000 31,000 21,726 (9,274) <br />Total revenue 10,365,947 10,365,947 10,583,302 217,355 <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 />Interest and fiscal charges <br />Total expenditures <br />Excess (deficiency) of revenue <br />over expenditures <br />Other financing sources (uses) <br />Transfers in <br />Transfers (out) <br />Total other financing sources (uses) <br />3,179, 574 <br />4,553,862 <br />1,982,775 <br />989,730 <br />302,406 <br />120,412 <br />11,128,759 <br />3,179, 574 <br />4,553,862 <br />1,982,775 <br />989,730 <br />302,406 <br />120,412 <br />11,128,759 <br />(762,812) (762,812) <br />3,009,414 (170,160) <br />4,499,681 (54,181) <br />1,702,747 (280,028) <br />1,019,376 29,646 <br />186,663 (115,743) <br />75,891 (44,521) <br />10,493,772 (634,987) <br />89,530 852,342 <br />762,812 762,812 762,812 - <br />(457,117) (457,117) <br />762,812 762,812 305,695 (457,117) <br />Net change in fund balances $ - $ - 395,225 $ 395,225 <br />Fund balances <br />Beginning of year <br />7,517,393 <br />Endofyear $ 7,912,618 <br />See notes to basic financial statements <br />53 <br />