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<br />5 <br /> <br />CITY OF RAMSEY <br />2005 SUMMARY BUDGET STATEMENT <br /> <br />The purpose of this statement is to provide summary 2005 budget information for the City of Ramsey <br />to interested citizens. The budget is published in accordance with Minnesota State Statute Section 471.6965. <br />This is a summary of the budget; the complete City budget may be examined at the office of the Finance Officer, <br />Ramsey City Hall, 15153 Nowthen Boulevard N. W., Ramsey, MN 55303. The Ramsey City Council approved <br />this budget on December 14, 2004. <br /> <br />2005 Budget <br />Bud2eted General Funds <br /> <br />2004 <br />Adopted <br /> <br />2004 <br />Amended <br /> <br />2005 <br />Adopted <br /> <br />Revenues: <br />Taxes <br />Licenses and permits <br />Intergovernmental Revenues: <br />Federal <br />State <br />County and Local <br />Charges for Services <br />Fines and Forfeits <br />Interest Earnings <br />Miscellaneous Revenue <br />Total Revenue <br /> <br />$ 4,777,691 $ 4,777,691 $ 5,092786 <br /> 585,150 1,400,000 1,410,826 <br /> 5,000 5,000 5,000 <br /> 446,564 460,900 474,580 <br /> 0 1,500 0 <br /> 692,532 850,000 744,385 <br /> 60,000 95,000 84,000 <br /> 80,000 80,000 80,000 <br /> 0 13,000 250,000 <br />$ 6,646,937 $ 7,683,091 $ 8,141,577 <br /> <br />Expenditures: <br />General Government <br />Public Safety <br />Public Worl(s <br />Parl(s and Recreation <br />Capital Outlay <br />Debt Service <br />Miscellaneous Expenditures <br />Total Expenditures <br /> <br />$ 1,985,845 $ 2,095,000 $ 2,276,017 <br /> 2,558,699 2,829,000 3,160,283 <br /> 1,138,648 1,220,000 1,397,537 <br /> 564,205 603,000 750,844 <br /> 814,720 815,000 375,500 <br /> 63,876 64,000 59,496 <br /> 125,000 0 188,618 <br />$ 7 ,250,993 $ 7 ,626,000 $ 8,208,295 <br /> <br />Excess (Deficiency) of Revenues <br />Over Expenditures <br /> <br />$ (604,056) <br /> <br />$ (57,091) <br /> <br />$ (66,718) <br /> <br />Other Financing Sources (Uses) <br /> <br />$ 604,056 <br /> <br />$ 606,824 <br /> <br />$ 66,718 <br /> <br />Excess (Deficiency) of Revenues <br />and Other Financing Sources <br />Over Expenditures and Other <br />Financing Uses <br /> <br />$ <br /> <br />o <br /> <br />$ 663,915 <br /> <br />$ <br /> <br />o <br /> <br />Property Tax Levy Requirement <br />to Fund the Budget <br /> <br />$ 4,605,387 <br /> <br />$ 5,324,482 <br /> <br />A community is like a ship; everyone ought to be prepared to take the helm. - Henrick Ibsen <br />