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CITY OF RAMSEY
<br />Notes to Financial Statements (continued)
<br />December 31, 2001
<br />NOTE 7 — INDIVIDUAL FUND DISCLOSURES (CONTINUED)
<br />B. Budgets
<br />The following is a reconciliation between the Combined Statement of Revenue, Expenditures, and
<br />Changes in Fund Balance and the Combined Statement of Revenue, Expenditures, and Changes in Fund
<br />Balance — Budget and Actual (GAAP Basis):
<br />Total Fund
<br />Total Total Financing Balance
<br />Revenue Expenditures Sources (Uses) End of Year
<br />Special Revenue Funds
<br />With budgets
<br />Economic Development
<br />Authority $ 22,421 $ 341,603 $ 374,342 $ 276,024
<br />Without budgets
<br />Tax Increment 3,367,099 1,268,305 471,873 2,256,761
<br />Landfill Tipping Fee 39,961 — (7,500) 691,533
<br />Revolving Loan 41,949 — — 41,949
<br />Minnesota Department of
<br />Natural Resources Grant 5,453 4,943 — 3,096
<br />Future Sealcoating 11,300 — (26,910) 95,162
<br />Peace Officers 5,167 203 — 18,742
<br />Lawful Gambling 37,444 33,830 (1,720) 207,776
<br />Equipment Revolving 244,283 4,740 247,582 4,516,976
<br />Developer's Fees 184,534 — (108,100) 415,088
<br />Community Development
<br />Block Grant 9,318 9,947 — 2,394
<br />$ 3,968,929 $ 1,663,571 $ 949,567 $ 8,525,501
<br />C. Expenditures in Excess of Budget
<br />Total actual expenditures exceeded budgeted expenditures (appropriations) in the following funds:
<br />Special Revenue Funds
<br />Economic Development Authority $ 5,440
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