|
CITY OF RAMSEY, MINNESOTA Exhibit A-3
<br />COMBINED STATEMENT OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
<br />BUDGET (GAAP BASIS) AND ACTUAL
<br />GENERAL AND BUDGETED SPECIAL REVENUE FUNDS
<br />Year Ended December 31, 1996
<br /> General Fund Special Revenue Fund
<br /> Variance Variance
<br /> Favorable Favorable
<br /> Budget Actual (Unfavorable) Budget Actual (Unfavorable)
<br />Revenue:
<br />Property taxes $ 1,748,631 $ 1,748,024 $ (607) $ 1,285,000 $ 1,385,389 $ 100,389
<br />Licenses and permits 437,305 441,204 3,899 - - -
<br />Intergovernmental revenue 1,005,072 1,014,962 9,890 - - -
<br />Charges for services 266,426 278,440 12,014 1,500 1,660 160
<br />Fines and penalties 55,000 56,883 1,883 - - -
<br />Otherrevenue -
<br />Interest earned on investments 1 OS,000 106,484 1,484 90,500 104,794 14,294
<br />Miscellaneous 6,400 14,567 8,167 30,000 5,875 (24,125)
<br />Total Revenue 3,623,834 3,660,564 36,730 1,407,000 1,497,718 90,718
<br />
<br />Expenditures:
<br />Current -
<br />General government 877,480 851,266 26,214 227,448 218,457 8,991
<br />Public safety 1,121,560 1,100,462 21,098 - - -
<br />Highways and streets 479,440 449,249 30,191 - - -
<br />Culture and recreation 271,OSS 266,580 4,475 - - -
<br />Debtservice -
<br />Interest and other 6S,4S0 65,433 17 - - -
<br />Capital outlay 219,411 214,799 4,612 394,350 392,540 1,810
<br />Total Expenditures 3,034,396 2,947,789 86,607 621,798 610,997 10,801
<br />
<br />Excess of Revenue
<br />Over Expenditures 589,438 712,775 123,337 785,202 886,721 101,519
<br />
<br />Other Financing Sources (iJses):
<br />Operating transfers in 289,672 290,104 432 665,964 717,296 51,332
<br />Operating transfers (out) (856,224) (851,860) 4,364 (1,23S,8S0) (1,224,997) 10,853
<br />Total Other Financing
<br />Sources (Uses) (S66,SS2) (561,756) 4,796 (569,886) (507,701) 62,185
<br />
<br />EXCESS OF REVENUE
<br />AND OTHER FINANCING SOURCES
<br />OVER EXPENDITURES AND OTHER
<br />FINANCING USES $ 22,886 151,019 $ 128,133 $ 215,316 379,020 $ 163,704
<br />Fund balance -beginning of year 1,978,149 1,764,467
<br />
<br />Fund Balance -End of Year $ 2,129,168 $ 2,]43,487
<br />The notes to the financial statements are an integral part of this statement.
<br />-7-
<br />
|