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FUND ECONOMIC DEVELOPMENT AUTHORITY
<br />BUDGET SUMMARY:
<br />Business
<br />Unit
<br />Object
<br />Account
<br />Description
<br />2022
<br />Actual
<br />2023
<br />Actual
<br />2024
<br />Actual
<br />2025
<br />Actual
<br />2026
<br />Adopted Budget
<br />2027
<br />Requested
<br />Budget
<br />9230 4011 CURRENT -AD VALOREM TAXES
<br />9230 4012 DELINQUENT -AD VALOREM TAXES
<br />9230 4014 FISCAL DISPARITIES
<br />9230 4273 OTHER STATE GRANTS & AIDS
<br />9230 4609 OTHER MISCELLANEOUS REVENUES
<br />9230 4701 INTEREST ON INVESTMENTS
<br />9230 4901 TRANSFER IN FROM OTHER FUNDS
<br />Total Revenue
<br />66,843 72,192 78,150 76,791 86,367 86,367
<br />348 (989) (593) (358)
<br />9,838 9,407 8,998 8,077
<br />198,638
<br />275 30,000 82,776
<br />(11,202) 64,554 69,212 67,885 4,800 4,800
<br />264,465 145,440 185,766 235,171
<br />91,167
<br />91,167
<br />Business
<br />Unit
<br />Object
<br />Account
<br />Description
<br />2022
<br />Actual
<br />2023
<br />Actual
<br />2024
<br />Actual
<br />2025
<br />Actual
<br />2026
<br />Adopted Budget
<br />2027
<br />Requested
<br />q
<br />Budget
<br />9230 6102 F.T. REGULAR -WAGES & SALARIES
<br />9230 6105
<br />9230 6121
<br />9230 6122
<br />9230 6131
<br />9230 6133
<br />9230 6135
<br />9230 6246
<br />9230 6249
<br />9230 6304
<br />9230 6315
<br />9230 6322
<br />9230 6323
<br />9230 6331
<br />9230 6335
<br />9230 6361
<br />9230 6371
<br />9230 6433
<br />9230 6530
<br />9230 6451
<br />9230 6452
<br />9230 6530 IMPROVEMENTS OTHER THAN BUILDINGS
<br />9230 6580 OTHEREQUPMENT
<br />Total Expenditure
<br />TEMPORARY -WAGES & SALARIES 660
<br />PERA CONTRIBUTIONS
<br />FICA/MEDICARE CONTRIBUTIONS 50
<br />GROUP INSURANCE
<br />WORKERS COMP INSURANCE PREMIUM 4 2
<br />PAID FAMILY MEDICAL LEAVE
<br />MARKETING 24,154 6,626 10,698
<br />MISCELLANEOUS OPERATING SUPPLY 8,769 12,007 11,770
<br />LEGAL FEES
<br />MISCELLANEOUS PROFESSIONALSER 43,193 1,010 44,130 4,667 36,000
<br />POSTAGE
<br />CELLULAR PHONES
<br />TRAVEL & LODGING 449 483 157 707 2,500 2,500
<br />TRAINING 660 1,125 385 2,235 5,100 5,100
<br />GENERAL LIABILITY/PROPERTY INS 624 313 268 221 287 287
<br />ELECTRIC UTILITIES
<br />REFUNDS/REIMBURSEMENTS
<br />IMPROVEMENTS OTHER THAN BUILDINGS
<br />MEMBERSHIP DUES 1,798 1,593 2,366 3,504 2,200 2,200
<br />SUBSCRIPTIONS 17
<br />20,143
<br />435
<br />33
<br />100,521 23,627
<br />DESCRIPTION OF SERVICES:
<br />The primary objective of the Economic Development Authority is to aid, assist and promote the
<br />growth and expansion of commercial, retail and industrial development in the City of Ramsey.
<br />GOALS OF CURRENT YEAR BUDGET:
<br />• Enhance Business Retention and Expansion Program and EDA events
<br />• Increase number of jobs
<br />• Increase retail tax base
<br />• Reduce the amount of land owned by City for development
<br />• Facilitate development/redevelopment along Hwy 10 corridor
<br />350
<br />27
<br />5
<br />225
<br />17
<br />2
<br />17,587
<br />11,072
<br />23,634
<br />93,789 40,237
<br />1,000
<br />80
<br />23,000
<br />21,000
<br />1,000
<br />80
<br />23,000
<br />21,000
<br />36,000
<br />91,167 91,167
<br />
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