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B. )3udgets
<br />Special Revenue Funds -
<br />With Budgets
<br />Without Budgets
<br />Landfill Tipping Fee
<br />Landfill Abatement
<br />CDBG
<br />Minnesota Department of Natural
<br />Resources Grant
<br />Future Sealcoating
<br />Future Street Lighting
<br />Peace Officers
<br />Lawful Gambling
<br />Tree and Sod Escrow
<br />Equipment Revolving
<br />Total Special Revenue Funds
<br />CITY OF RAMSEY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 1995
<br />Note 3. INDIVIDUAL FUND DISCLOSURES
<br />A. Fund Deficits
<br />The following funds have a deficit balance at December 31, 1995:
<br />Special Revenue Funds -
<br />Landfill Abatement
<br />Community Devlopment Block Grant
<br />Debt Service Funds -
<br />1989A Improvement Bonds
<br />1992B Improvement Bonds
<br />Capital Project Funds -
<br />State-Aid Construction
<br />Tax Increment Development District No.II Improvement
<br />Improvement Revolving
<br />Mississippi Drainage District
<br />Rum River Drainage District
<br />Enterprise Funds -
<br />Sewer Utility Fund
<br />The City intends to fund these deficits through future tax levies, special assessment levies, tax increments,
<br />transfers from other funds, grants, and various other sources.
<br />Actual expenditures exceeded the budgeted amounts by $5,178 in the Highway and Streets Department.
<br />During 1995, the City did not adopt budgets for the Landfill Tipping Fee, Landfill Abatement, Community
<br />Development Block Grant (CDBG), Minnesota Department of Natural Resources Grant, Future Sealcoating,
<br />Future Street Lighting, Peace Officers', Lawful Gambling, Tree and Sod Escrow, or the Equipment Revolving
<br />Special Revenue Funds. The following is a reconciliation between the Combined Statement of Revenue,
<br />Expenditures, and Changes in Fund Balance and the Combined Statement of Revenue, Expenditures, and
<br />Changes in Fund Balance - Budget (GAAP Basis) and Actual:
<br />Total
<br />Revenue
<br />$ 1,330,878 $
<br />17,423
<br />36,685
<br />16,491 19,321
<br />20,650
<br />13,061
<br />23,386
<br />167,701 44,970
<br />$ 1,626,275 $ 1,105,086 $
<br />—18—
<br />Total
<br />Total Financing
<br />Expend- Sources
<br />itures (Uses)
<br />(922)
<br />(3,344)
<br />(99,402)
<br />(67,629)
<br />(180,678)
<br />(8,273)
<br />(2,577,115)
<br />(26,394)
<br />(8,039)
<br />(214,859)
<br />996,755 $ (576,970) $
<br />63 . (12,000)
<br />34,846
<br />(20,500)
<br />9,131 (7,962)
<br />78,913
<br />(530,557) $
<br />Fund Balance
<br />End of Year
<br />1,764,467
<br />532,724
<br />(922)
<br />(3,344)
<br />81
<br />223,422
<br />9,928
<br />83,131
<br />2,379,827
<br />4,989,314
<br />
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