|
CITY OF RAMSEY
<br />Statement of Revenue, Expenditures, and Changes in Fund Balances
<br />General Fund - Budget and Actual
<br />Year Ended December 31, 2018
<br />Budgeted Amounts
<br />Original Final
<br />Actual
<br />Over (Under)
<br />Final Budget
<br />Revenue
<br />Property taxes $ 9,400,242 $ 9,400,242 $ 9,411,418 $ 11,176
<br />Licenses and penults 512,750 512,750 1,031,944 519,194
<br />Intergovernmental revenue 359,750 359,750 418,106 58,356
<br />Charges for services 710,244 710,244 815,127 104,883
<br />Fines and forfeits 68,700 68,700 46,651 (22,049)
<br />Other revenue
<br />Investment earnings 70,000 70,000 111,849 41,849
<br />Miscellaneous 31,000 31,000 21,873 (9,127)
<br />Total revenue 11,152,686 11,152,686 11,856,968 704,282
<br />Expenditures
<br />Current
<br />General government 3,391,933 3,391,933 3,292,680 (99,253)
<br />Public safety 4,775,197 4,775,197 4,788,902 13,705
<br />Highways and streets 2,006,979 2,006,979 1,756,372 (250,607)
<br />Culture and recreation 1,119,210 1,119,210 1,190,099 70,889
<br />Capital outlay 710,510 710,510 675,321 (35,189)
<br />Debt service
<br />Interest and fiscal charges 119,455 119,455 61,853 (57,602)
<br />Total expenditures 12,123,284 12,123,284 11,765,227 (358,057)
<br />Excess (deficiency) of revenue
<br />over expenditures (970,598) (970,598) 91,741 1,062,339
<br />Other financing sources (uses)
<br />Transfers in 970,598 970,598 936,451 (34,147)
<br />Transfers (out) - - (450,683) (450,683)
<br />Total other financing sources (uses) 970,598 970,598 485,768 (484,830)
<br />Net change in fund balances $ - $ - 577,509 $ 577,509
<br />Fund balances
<br />Beginning of year 7,912,618
<br />End of year $ 8,490, 127
<br />See notes to basic financial statements
<br />51
<br />
|