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CITY OF RAMSEY <br />Revenue <br />Property taxes <br />Special assessments <br />Licenses and permits <br />Intergovernmental revenue <br />Charges for services <br />Fines and forfeits <br />Other revenue <br />Investment earnings <br />Developer reimbursement <br />Land sale gains <br />Miscellaneous <br />Total revenue <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 />Statement of Revenue, Expenditures, and Changes in Fund Balances <br />Governmental Funds <br />Year Ended December 31, 2015 <br />Special Revenue Funds <br />General Tax Increment <br />COR <br />Land <br />Debt Sery <br />ice Fund <br />2012A <br />G.O. Improvement <br />Bond Refund <br />2012B <br />Residence at the <br />COR Bond <br />$ 7,961,871 $ 671,256 $ 4,028 $ 1,052,651 $ <br />784,954 <br />470,713 <br />836,603 <br />60,236 <br />80,242 <br />28,776 <br />55,965 <br />1,805,338 <br />10,223,395 <br />2,491,491 <br />4,011,871 <br />1,558,414 <br />974,724 <br />530,688 <br />82,273 <br />4,864 <br />858,433 <br />2,532,559 867,325 <br />186,547 <br />9,649,461 186,547 <br />4,045 <br />4,045 <br />Excess (deficiency) of revenue over expenditures 573,934 2,346,012 863,280 <br />Other financing sources (uses) <br />Debt issued <br />Premium on 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 (deficits) <br />Beginning of year <br />End of year <br />See notes to basic financial statements <br />890,248 <br />(1,173,706) (418,330) (207,802) <br />(283,458) (418,330 (207,802) <br />290,476 1,927,682 655,478 <br />6,982,569 2,895,711 8,111,761 <br />10,787 <br />4 <br />7,697 <br />6,887,125 <br />1,063,442 <br />10,150 <br />540,000 <br />508,213 <br />6,894,822 <br />7,320,000 <br />77,460 <br />1,058,363 <br />7,397,460 <br />5,079 <br />1 <br />(502,638) <br />1 <br />5,080 <br />720,349 <br />(502,638) <br />502,638 <br />$ 7,273,045 $ 4,823,393 $ 8,767,239 $ 725,429 $ <br />46 <br />