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<br />CITY OF RAMSEY 1988 PROPOSED OPERATING BUDGET
<br />
<br />The Ramsey City Council, on September 22, 1987, held a public hearing on the
<br />1988 Operating Budget. The Council reviewed the estimated available financing
<br />sources. These sources are used to provide city services such as General Govern-
<br />ment, Public Safety, Streets and Highways, and Culture and Recreation.
<br />The City Council has discussed the proposed 1988 budget at several regular Coun-
<br />cil meetings. On October 6, a special City Council meeting was held to discuss the
<br />1988 State mandated levy limits. At the meeting, the Council also passed a resolu-
<br />tion setting the assessed 1987 payable 1988 property tax levy at $1,124,131.
<br />On November 17, a special City Council meeting was held to discuss the level
<br />of services provided by the City of Ramsey as proposed in the Draft Budget.
<br />A copy of the proposed 1988 Operating Budget is available at the Ramsey Municipal
<br />Center during normal business hours. Shown to the right is a summary of the entire
<br />proposed 1988 Operating Budget for all funds and for the General Fund.
<br />The General Fund is the major operating fund for the City. Presented below are
<br />pie graphs showing the estimated financing sources and proposed expenditures for
<br />the General Fund.
<br />The exploding-dollar graph shows what portion of every one hundred dollars in
<br />property taxes goes to each of the various governmental units. For every $100.00
<br />in property taxes paid by Ramsey tax payers in the Anoka-Hennepin School District,
<br />$17.06 are used by the City of Ramsey to provide City services.
<br />The Ramsey City Council will consider adoption of the 1988 Budget at the Regular
<br />City Council Meeting on December 8, 1987.
<br />
<br />GE>!ER?L FUND ESTiiv1;',TED SOURCES
<br />
<br />Total Sources S 1,699,344
<br />$52,100 (3. 1~) $24,000 (1 .4~)
<br />Interest Earnigs and Fines and Forfeits
<br />
<br />
<br />
<br />7/
<br />
<br />$595,423 (35.0%)
<br />
<br />
<br />property Taxes
<br />
<br />
<br />Intergovernmental
<br />
<br />\
<br />\
<br />)
<br />,)
<br />
<br />$857,011 (50.4~)
<br />
<br />
<br />'"
<br />
<br />Charges for Services
<br />$3,875 (0.2%)
<br />
<br />$82,815 (4.9%)
<br />Other Financing Sources
<br />$84,120 (5.0%)
<br />
<br />Licenses and Permits
<br />
<br />GE:~ER?.L FUND USES BY FUNCTiON
<br />
<br />Other Financing Thes Totcl Uses S 1,699,344
<br />$72.172 (4.27.)
<br />$47,000 (2.870)
<br />Expenditure Reserve
<br />S81 . 1 4'7 (".87.)
<br />Culture and Recreation
<br />$9,500 (0.670)
<br />Capital Outlay / .
<br />//
<br />
<br />/
<br />I
<br />$274,841 (1 6.2m (
<br />Streets and Highways
<br />
<br />
<br />
<br />\
<br />
<br />
<br />\ $66':',193 (39.17.)
<br />General Government
<br />
<br />\
<br />J
<br />J
<br />/
<br />/
<br />/
<br />
<br />$ 1 5,000 (0.970)
<br />G.O. Debt Service
<br />
<br />$535,491 (31.57.)
<br />Public Safety
<br />
<br />Ii
<br />I
<br />"
<br />I
<br />II
<br />I
<br />I:
<br />J-- ---
<br />
<br />SUMMARY OF
<br />PROPOSED 1988 OPERATING BUDGET
<br />
<br />GENERAL FUND USES BY
<br />FUNCTION AND EXPENDITURE
<br />CATEGORY
<br />
<br />REVENUES:
<br />Taxes
<br />Current ad valorum
<br />Tax Increment
<br />Special assessments
<br />All other
<br />Licenses and permits
<br />Intergovernmental revenues
<br />State
<br />Homestead credit - current ad valorum
<br />All other
<br />Charges for services
<br />Fines and forfeits
<br />Interest earnings
<br />Miscellaneous
<br />
<br />Total revenues
<br />
<br />1988 1988
<br />Budget Budget
<br />All General
<br />Funds Fund
<br />867,381 814,011
<br />155,000
<br />824,015
<br />43,000 43,000
<br />493,120 84,120
<br />256,750 256,750
<br />661,681 338,673
<br />3,875 3,875
<br />24,000 24,000
<br />275,000 50,000
<br />155,100 2,100
<br />3,758,922 1,616,529
<br />693,093 664,193
<br />535,491 535,491
<br />274,841 274,841
<br />81,147 81,147
<br />47,000 47,000
<br />15,000 15,000
<br />28,450
<br />309,015
<br />24,506
<br />1,260,374
<br />332,508 9,500
<br />3,601,425 1,627,172
<br />157,497 (10,643)
<br />422,830 20,000
<br />(422,830) (72,172)
<br />767,289 62,815
<br />(924,786)
<br />(157,497) 10,643
<br />
<br />EXPENDITURES:
<br />General government
<br />Public safety
<br />Streets and highways
<br />Culture and recreation
<br />Expenditure reserve
<br />G.O. debt service-
<br />Equipment Lease-Purchase
<br />General Obligation
<br />GO tax increment
<br />City SA obligation
<br />Special assessment Obligation
<br />Capital outlay
<br />
<br />Total expenditures
<br />
<br />Excess (deficiency) of
<br />revenues over expenditures
<br />
<br />OTHER FINANCING SOURCES AND USES:
<br />Transfers in
<br />Transfers out
<br />Prior year sources
<br />
<br />Total other financing
<br />Sources and uses
<br />
<br />Excess (deficiency) of
<br />revenues and other financing
<br />sources over expenditures
<br />and other financing uses
<br />
<br />$0
<br />
<br />$0
<br />
<br />Property tax levy required to fund budget
<br />
<br />$1,124,131 $1,070,761
<br />
<br />City of Ramsey
<br />Property Tax Distribution
<br />
<br />
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<br />
<br />Anoka County $53.90
<br />Anoka-Hennepin ISD#ll $27.79
<br />*Other Districts $1.25
<br />
<br />CITY OF RAMSEY $17.06
<br />
<br />* Metro CoUncil; Mosquito Control; Transit Commission
<br />
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