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<br /> CITY OF RAMSEY, MINNESOTA Exhibit B-3 <br />' GENERAL FUND <br /> SCHEDULE O F REVENUE AND OTHER FINANCING SOURCES <br /> BUDGET (GAAP BASIS) AND ACTUAL <br /> Year Ended December 31, 1997 <br /> (With Comparati ve Actual Amounts for Year Ended December 31, 1996) <br /> 1997 1996 <br /> ' Variance - <br /> Favorable <br /> Budget Actual (Unfavorable) Actual <br />' Revenue: <br /> Property taxes - <br /> Current ad valorem taxes $ 1,926,990 $ 1,990,559 $ 63,569 $ 1,713,756 <br />' Delinquent ad valorem taxes 15,000 4,187 (10,813) 18,885 <br /> Penalties and interest 10,000 48,061 38,061 9,768 <br /> Forfeited sale 1,700 1,942 242 5,615 <br /> Total Property Taxes 1,953,690 2,044,749 91,059 1,748,024 <br />' <br /> Licenses and permits - <br /> Business - <br /> Alcoholic beverage 21,975 21,975 - 22,050 <br />' Contractor 2,025 2,250 225 1,430 <br /> All other 13,800 14,337 537 9,116 <br />' Non-business - <br />Licenses <br />2,500 <br />2,605 <br />105 <br />3,358 <br /> Building permits 235,000 239,813 4,813 291,913 <br /> All other 96,300 104,501. 8,201 113,337 <br /> Total Licenses and Permits 371,600 385,481 13,881 441,204 <br />' <br /> Intergovernmental revenue - <br /> State - <br />HACA and equalization aid 505,586 505,676 90 505,839 <br /> <br />Local governmental aid <br />329,413 <br />329,413 - <br />319,853 <br /> Local performance aid 17,821 17,821 - - <br /> State aid, maintenance & engineering 80,000 80,000 - 80,000 <br />' Police service aid 65,000 65,624 624 64,302 <br /> Other grants and reimbursements 7,493 7,957 464 6,362 <br /> Federal - <br />' Federal reimbursement 61,500 85,711 24,211 34,331 <br /> Other - <br /> Countyreimbursement 1,000 907 (93) 4,275 <br /> Total Intergovernmental Revenue 1,067,813 1,093,109 25,296 1,014,962 <br />' <br /> Charges for services - <br /> General government 159,200 164,585 5,385 198,504 <br /> Public safety 2,900 4,268 1,368 4,318 <br /> Public works 44,650 129,454 84,804 63,876 <br /> Other charges 1,000 1,111 111 11,742 <br /> Total Charges for Services 207,750 299,418 91,668 278,440 <br />' 6 <br />883 <br /> Fines and penalties 45,000 47,358 2,358 , <br />5 <br />Other Revenue - <br />Interest earned on investments 90,000 164,374 74,374 106,484 <br />Miscellaneous 3,450 7,944 4,494 14,567 <br />Total Other Revenue 93,450 172,318 78,868 121,051 <br />Total Revenue $ 3,739,303 $ 4,042,433 $ 303,130 $ 3,660,564 <br /> (continued) <br />-32- <br />