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CITY OF RAMSEY, MINNESOTA ANNUAL BtDGET <br />BUDGET COMMENTS <br />GENERAL OBLIGATION IMPROVEMENT BOND FUND <br />October 1, 1978 <br />Function of Fund <br />The principal and interest payments for this bond issue of <br />October 1, 1978 ($345 M) are paid from t,hiS fund. Accord- <br />ingly all special assessments levied sand collected for bond <br />October l,- 1978 ($345 M) will be maintained in this fund, <br />plus any accrued interest from its monies. <br />This :issue covers the following construction projects: <br />78-1, 78-2, 7F3-3, and 78-4. <br />Fund Summary <br />1978 <br />Est. <br />1979 <br />Est,. <br />1979 <br />Adopted <br />REVENUE <br />Surplus <br />3811 Interest 5 , 000 5 , 000 <br />3831 Special Assessments lEi,822 38,020 38, 020 <br />385 Transfer in 35,645 35 , 645 <br />Total Revenue $48,816 $127,481 $127,481 <br />EXPENDITURES $ 18,400 $ 18,400 <br />FUND BAIANCE $4F3,5316 $109,081 $109,081