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<br />CITY OF RAMSEY, MINNESOTA
<br />SUMMARY FINANCIAL INFORMATION
<br />The purpose of this report is to provide a summary of financial information concerning the City of
<br />Ramsey to interested citizens. The complete audited financial report may be examined at the Ramsey
<br />Municipal Center, 15153 Nowthen Boulevard N.W., Ramsey, Minnesota 55303. Questions about this report
<br />should be directed to Diana Lund, Finance Officer, at (763) 427 -1410.
<br />The following is a summary report for general operations which include the City's General, Special
<br />Revenue, Debt Service, Capital Projects, and Expendable Trust funds.
<br />SUMMARY STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE -
<br />ALL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUND
<br />Year Ended December 31, 2000
<br />(With Comparative Totals for Year Ended December 31, 1999)
<br />REVENUE:
<br />EXCESS (DEFICIENCY) OF REVENUE AND
<br />OTHER FINANCING SOURCES OVER
<br />EXPENDITURES AND OTHER FINANCING USES
<br />PERCENT
<br />TOTAL TOTAL INCREASE
<br />2000 1999 (DECREASE)
<br />Property Taxes $ 5,522,890 $4,495,634 22.8%
<br />Special Assessments 425,214 452,623 (6.1)
<br />Licenses and Permits 259,090 320,837 (19.2)
<br />Intergovernmental Revenues 5,038,014 1,133,655 344.4
<br />Charges for Services 366,468 219,122 67.2
<br />Fines and Penalties 47,550 46,018 3.3
<br />Other Revenue -
<br />Interest Earned on Investments . 1,61 1,395 560,615 187.4
<br />Insurance Refunds and Dividends 90 28,408 (99.7)
<br />Miscellaneous 629,619 471,971 33.4
<br />TOTAL REVENUE $13,900,330 $7,728,883 79.8
<br />EXPENDITURES:
<br />Current -
<br />General Government $ 2,639,510 $ 2,678,755 (1.5)
<br />Public Safety 1,664,227 1,514,429 9.9
<br />Highways and Streets 710,351 574,116 23.73
<br />Culture and Recreation 405,469 332,356 22.0
<br />Debt Service 947,746 773,205 22.6
<br />Capital Outlay 9,387,705 4,702,706 99.5
<br />TOTAL EXPENDITURES $ 15,755,008 $ 10,575,567 48.9
<br />EXCESS (DEFICIENCY) OF
<br />REVENUES OVER EXPENDITURES $ (1,854,678) $ (2,846,684) 34.8
<br />OTHER FINANCING SOURCES (USES):
<br />Bond Proceeds $ 1,942,111 $ 2,836,798 (31.5)
<br />Proceeds from Sale of Fixed Assets 45,230 11,567 291.0
<br />Operating Transfers In 2,330,480 4,424,034 (47.3)
<br />Operating Transfers Out (2,307,980) (4,003,325) (42.3)
<br />TOTAL OTHER FINANCING SOURCES (USES) $ 2,009,841 $ 3,269,074 (38.5)
<br />$ 155,163 $ 422,390
<br />Don 't worry that children never listen to you, worry that they are always watching you. - Unknown
<br />(63.3)
<br />FUND BALANCE — Beginning of Year 16,970,811 16,548,421 2.6
<br />Equity Transfers In -0- -0- (100.0)
<br />Equity Transfers (Out) -0- -0- 100.0
<br />FUND BALANCE - End of Year $ 17,125,974 $ 16,970,811 .9%
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