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Gjobodf <br />City of Ramsey <br />2008 Summary Budget Statement <br /> The purpose of this statement is to provide summary 2008 budget information for the city of Ramsey to interested <br />citizens. The budget is published in accordance with Minnesota State Statute Section 471.6965. This is a summary of the <br />budget; the complete city budget may be examined at the offi ce of the Finance Offi cer, Ramsey Municipal Center, 7550 <br />Sunwood Drive NW, Ramsey, MN 55303 or online at www.ci.ramsey.mn.us. The Ramsey City Council approved the <br />2008 Budget on December 11, 2007. For more information please contact, Diana Lund, Finance Offi cer, at 763-433-9847 <br />or dlund@ci.ramsey.mn.us. <br />2008 Budget <br />20072008Change from <br />Budgeted General Funds <br />AdoptedAmended2007 to 2008 <br />Revenues: <br />Taxes <br />$ 6,449,480$ 7,177,338$ 727,858 <br />Licenses and permits <br />1,087,010742,310(344,700) <br />Intergovernmental Revenues: <br /> Federal <br />5,0005,0000 <br /> State <br />685,200695,1009,900 <br /> County and Local <br />000 <br />Charges for Services <br />641,937577,740(64,197) <br />Fines and Forfeits <br />110,000110,0000 <br />Interest Earnings <br />100,000172,44472,444 <br />Miscellaneous Revenue <br /> 1,500 27,000 25,500 <br /> Total Revenue <br />$ 9,080,127$ 9,506,932$ 426,805 <br />Expenditures: <br />General Government <br />$2,693,856$2,754,456$ 60,600 <br />Public Safety <br />3,845,4304,145,982300,552 <br />Public Works <br />1,654,9571,691,49236,535 <br />Parks and Recreation <br />976,248971,937(4,311) <br />Capital Outlay <br />1,124,571392,200(732,371) <br />Debt Service <br />43,74840,834(2,914) <br />Miscellaneous Expenditures <br /> 175,984 52,335 (123,649) <br /> Total Expenditures <br />$10,514,794$ 10,049,236$ (465,558) <br />Excess (Defi ciency) of Revenues <br /> Over Expenditures <br />$(1,434,667)$ (542,304)$ 892,363 <br />Other Financing Sources (Uses) <br />$ 1,434,667$ 542,304$ (892,363) <br />Excess (Defi ciency) of Revenues <br /> and Other Financing Sources <br /> Over Expenditures and Other <br />$ 0$ (0)$ 0 <br /> Financing Uses <br />Property Tax Levy Requirement <br />$ 6,884,480$ 7,610,338 <br />to Fund the Budget <br />www.ci.ramsey.mn.us 3 <br />