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CITY OF RAMSEY, MINNESOTA <br />GENERAL FUND <br />STATEMENT OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE - <br />BUDGET (GAAP BASIS) AND ACTUAL <br />Year Ended December 31, 1997 <br />(With Comparative Actual Amounts for Year Ended December 31, 1996) <br />Revenue: <br />Property taxes <br />Licenses and permits <br />Intergovernmental revenue <br />Charges for services <br />Fines and penalties <br />Other revenue - <br />Interest earned on investments <br />Miscellaneous <br />Total Revenue <br />Expenditures: <br />Current - <br />General government <br />Public safety <br />Highways and streets <br />Culture and recreation <br />Debt service - <br />Interest and other <br />Capital outlay <br />Total Expenditures <br />Excess of Revenue over <br />Expenditures <br />Other Financing Sources (Uses): <br />Operating transfers in <br />Operating transfers (out) <br />Total Other Financing <br />Sources (Uses) <br />Exhibit B-2 <br /> 1997 1996 <br /> Variance - <br /> Favorable <br />Budget Actual (Unfavorable) Actual <br /> <br />$1,953,690 $ 2,044,749 $ 91,059 $1,748,024 <br />371,600 385,481 13,881 441,204 <br />1,067,813 1,093,109 25,296 1,014,962 <br />207,750 299,418 91,668 278,440 <br />45,000 47,358 2,358 56,883 <br />90,000 164,374 74,374 106,484 <br />3,450 7,944 4,494 14,567 <br />3,739,303 4,042,433 303,130 3,660,564 <br /> <br />910,745 866,061 44,684 851,266 <br />1,213,291 1,188,954 24,337 1,100,462 <br />454,824 438,581 16,243 449,249 <br />279,158 273,131 6,027 266,580 <br />71,226 63,154 8,072 65,433 <br />291,350 273,993 17,357 214,799 <br />3,220,594 3,103,874 116,720 2,947,789 <br /> <br />518,709 938,559 419,850 712,775 <br />188,557 188,557 - 290,104 <br />(557,266) (1,114,740) (557,474) (851,860) <br />(368,709) (926,183) (557,474) (561,756) <br />EXCESS (DEFICIENCY) OF REVENUE AND <br />OTHER FINANCING SOURCES <br />OVER EXPENDITURES AND <br />OTHER FINANCING USES $ 150,000 12,376 $ (137,624) 151,019 <br />Fund balance -beginning of year 2,129,168 1,978,149 <br />Fund Balance -End of Year $ 2,141,544 $ 2,129,168 <br />-31- <br />