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CITY OF RAMSEY
<br />Nonmajor Governmental Funds
<br />Combining Statement of Revenue, Expenditures, and Changes in Fund Balances
<br />Year Ended December 31, 2025
<br />Special
<br />Revenue Debt Service Capital Project Totals
<br />Revenue
<br />Property taxes $ 84,509 $ 2,925,043 $ 44,520 $ 3,054,072
<br />Special assessments - 53,336 11,487 64,823
<br />Intergovernmental revenue 419,894 338,510 - 758,404
<br />Contributions 221,077 221,077
<br />Other revenue
<br />Investment earnings 160,736 60,026 272,384 493,146
<br />Miscellaneous 457,654 129 178,460 636,243
<br />Total revenue 1,343,870 3,377,044 506,851 5,227,765
<br />Expenditures
<br />Current
<br />General government 104,681 191,781 296,462
<br />Public safety 101,233 101,233
<br />Highways and streets - 696,054 696,054
<br />Economic development 195,236 - 195,236
<br />Capital outlay 325,335 11,852 337,187
<br />Debt service
<br />Principal retirement 2,640,000 2,640,000
<br />Interest 993,198 3,594 996,792
<br />Total expenditures 726,485 3,633,198 903,281 5,262,964
<br />Excess (deficiency) of revenue
<br />over expenditures 617,385 (256,154) (396,430) (35,199)
<br />Other financing sources (uses)
<br />Proceeds on sale of capital assets 41,075 41,075
<br />Transfers in 78,167 385,369 1,272,944 1,736,480
<br />Transfers (out) (53,408) (385,369) (800,200) (1,238,977)
<br />Total other financing sources (uses) 65,834 472,744 538,578
<br />Net change in fund balances 683,219 (256,154) 76,314 503,379
<br />Fund balances
<br />Beginning of year, as previously reported 2,564,559 878,907 7,884,974 11,328,440
<br />Change within financial reporting entity 1,056,708 1,056,708
<br />Beginning ofyear, as adjusted 3,621,267 878,907 7,884,974 12,385,148
<br />End ofyear $ 4,304,486 $ 622,753 $ 7,961,288 $ 12,888,527
<br />115
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