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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, 2016 <br />Budgeted Amounts <br />Original Final <br />Actual <br />Over (Under) <br />Final Budget <br />Revenue <br />Property taxes $ 8,292,716 $ 8,292,716 $ 8,261,529 $ (31,187) <br />Licenses and permits 447,100 447,100 526,008 78,908 <br />Intergovermnental revenue 434,555 434,555 482,243 47,688 <br />Charges for services 611,700 611,700 679,223 67,523 <br />Fines and forfeits 71,000 71,000 66,410 (4,590) <br />Other revenue <br />Investment earnings 160,000 160,000 59,317 (100,683) <br />Miscellaneous 15,800 15,800 36,068 20,268 <br />Total revenue 10,032,871 10,032,871 10,110,798 77,927 <br />Expenditures <br />Current <br />General goverment <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 />2,927,673 <br />4,314,819 <br />2,007,258 <br />1,043,452 <br />508,756 <br />2,927,673 <br />4,314,819 <br />2,007,258 <br />1,043,452 <br />508,756 <br />123,169 123,169 <br />10,925,127 10,925,127 <br />2,802,965 <br />4,234,482 <br />1,788,385 <br />1,027,267 <br />516,156 <br />(124,708) <br />(80,337) <br />(218,873) <br />(16,185) <br />7,400 <br />76,829 (46,340) <br />10,446,084 (479,043) <br />Excess (deficiency) of revenue <br />over expenditures (892,256) (892,256) (335,286) 556,970 <br />Other financing sources (uses) <br />Transfers in 892,256 892,256 896,353 4,097 <br />Transfers (out) - - (316,719) (316,719) <br />Total other financing sources (uses) 892,256 892,256 579,634 (312,622) <br />Net change in fund balances $ - $ - 244,348 $ 244,348 <br />Fund balances <br />Beginning of year 7,273,045 <br />End of year $ 7,517,393 <br />See notes to basic financial statements <br />51 <br />