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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 />Intergovermnental 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 goverment 3,179,574 3,179,574 3,009,414 (170,160)
<br />Public safety 4,553,862 4,553,862 4,499,681 (54,181)
<br />Highways and streets 1,982,775 1,982,775 1,702,747 (280,028)
<br />Culture and recreation 989,730 989,730 1,019,376 29,646
<br />Capital outlay 302,406 302,406 186,663 (115,743)
<br />Debt service
<br />Interest and fiscal charges 120,412 120,412 75,891 (44,521)
<br />Total expenditures 11,128,759 11,128,759 10,493,772 (634,987)
<br />Excess (deficiency) of revenue
<br />over expenditures (762,812) (762,812) 89,530 852,342
<br />Other financing sources (uses)
<br />Transfers in 762,812 762,812 762,812
<br />Transfers (out) - - (457,117) (457,117)
<br />Total other financing sources (uses) 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 />End of year $ 7,912,618
<br />See notes to basic financial statements
<br />53
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