Loading...
HomeMy WebLinkAboutItem 61 ✓ ✓ ✓ ➢ ➢ ➢ 2 3 4 5 2017 2017 2018 2015 2016 Adopted Amended 2017 Preliminary Actual Actual Budget Budget Estimate Budget Revenues (Amount) (Percent) (Amount) (Percent) General property taxes 17,853,892$ 18,474,652$ 18,833,557$ 18,833,557$ 18,829,967$ 20,055,586$ 1,222,029$ 6.5%1,225,619$ 6.5% Licenses and permits 2,655,873 3,008,050 2,202,952 2,268,952 3,195,930 2,356,882 87,930 3.9%(839,048) -26.3% Intergovernmental 982,072 1,024,004 1,021,685 1,021,685 1,064,718 1,005,921 (15,764) -1.5%(58,797) -5.5% Charges for services 3,388,546 3,572,203 2,666,697 2,666,697 2,726,644 2,926,625 259,928 9.7%199,981 7.3% Court fines 369,356 406,269 466,000 466,000 400,193 425,000 (41,000) -8.8%24,807 6.2% Investment income 55,883 71,327 90,071 90,071 81,000 90,071 - 0.0%9,071 11.2% Miscellaneous 67,495 75,676 37,860 59,401 43,680 46,978 (12,423) -20.9%3,298 7.6% Total revenues 25,373,117 26,632,181 25,318,822 25,406,363 26,342,132 26,907,063 1,500,700 5.9%564,931 2.1% Expenditures - - General government Mayor and Council 95,965 97,000 101,090 101,090 100,193 107,230 6,140 6.1%7,037 7.0% Committees and Commissions 73,175 83,944 75,660 75,660 93,029 87,600 11,940 15.8%(5,429) -5.8% City administration 393,910 414,387 423,147 423,147 418,111 478,570 55,423 13.1%60,459 14.5% City Clerk 139,779 193,838 139,774 139,774 139,009 201,157 61,383 43.9%62,148 44.7% Legal counsel 68,990 56,533 57,000 57,000 80,000 80,000 23,000 40.4%- 0.0% Planning 427,404 452,198 564,262 564,262 530,792 585,768 21,506 3.8%54,976 10.4% Community and econ. development 288,720 292,609 358,272 358,272 308,279 366,222 7,950 2.2%57,943 18.8% Inspections 943,737 1,156,351 1,061,584 1,127,584 1,198,108 1,225,953 98,369 8.7%27,845 2.3% General government facilities 396,713 479,464 529,611 529,611 527,320 557,962 28,351 5.4%30,642 5.8% Finance 684,386 681,109 759,615 759,615 745,547 781,534 21,919 2.9%35,987 4.8% Information systems 537,181 565,595 620,742 620,742 563,912 673,236 52,494 8.5%109,324 19.4% Human resources 433,294 502,406 520,626 520,626 490,037 511,685 (8,941) -1.7%21,648 4.4% Insurance 322,100 182,180 182,180 182,180 285,000 285,000 102,820 56.4%- 0.0% Public safety - 0% Police 9,310,676 9,824,511 10,493,244 10,493,244 10,461,156 11,259,374 766,130 7.3%798,218 7.6% Fire 1,649,260 1,714,102 1,788,770 1,810,311 1,810,007 1,855,127 44,816 2.5%45,120 2.5% Public works - 0% Engineering 659,432 673,021 1,005,397 1,005,397 812,335 974,588 (30,809) -3.1%162,253 20.0% Construction Services 531,754 479,351 664,477 664,477 487,538 587,152 (77,325) -11.6%99,614 20.4% Streets 2,753,580 2,788,385 3,276,483 3,276,483 3,180,614 3,194,298 (82,185) -2.5%13,684 0.4% Parks and recreation - 0% Parks 2,362,566 2,310,223 2,541,925 2,541,925 2,514,729 2,643,982 102,057 4.0%129,253 5.1% Recreation 635,489 598,885 672,981 672,981 664,904 700,028 27,047 4.0%35,124 5.3% Heritage Center 85,516 96,594 95,822 95,822 125,814 129,549 33,727 35.2%3,735 3.0% Arts Center 474,266 499,436 502,337 502,337 549,543 510,370 8,033 1.6%(39,173) -7.1% Other - - - - - (43,090) (43,090) 0%(43,090) 0% Total expenditures 23,267,893 24,142,122 26,434,999 26,522,540 26,085,977 27,753,295 1,230,755 4.6%1,667,318 6.4% Excess (deficiency) of revenues over expenditures 2,105,224 2,490,059 (1,116,177) (1,116,177) 256,155 (846,232) 269,945 -24.2%(1,102,387) -430.4% Other financing sources (uses) Transfer from other funds 809,935 806,513 782,655 782,655 782,655 765,232 (17,423) -2.2% (17,423) -2.2% Transfer to other funds (1,612,000) (595,000) (1,145,000) (1,645,000) (1,826,957) (660,864) 984,136 -59.8%1,166,093 -63.8% Total other financing sources (uses) (802,065) 211,513 (362,345) (862,345) (1,044,302) 104,368 966,713 -112.1%1,148,670 -110.0% Net change in fund balance 1,303,159 2,701,572 (1,478,522) (1,978,522) (788,147) (741,864) 1,236,658 -62.5%46,283 -5.9% Fund balance, January 1 11,071,769 12,374,928 14,121,784 14,121,784 15,076,500 14,288,353 166,569 1.2%(788,147) -5.2% Committed Fund Balance 45,000 - - - - - - 0%- 0% Fund balance, December 31 12,374,928$ 15,076,500$ 12,643,262$ 12,143,262$ 14,288,353$ 13,546,489$ 1,403,227$ 11.6%(741,864) -5.2% Adj Fund Balance, Dec 31 (net of restricted)11,927,644$ 14,380,670$ 11,947,432$ 11,447,432$ 13,592,523$ 12,850,659$ Ratio: Fund balance to CY expenditures 51.3%58.8%45.2%43.2%52.1%46.3% Ratio: Fund balance to NY expenditures 45.0%55.1%43.9%41.2%49.0%44.5% CITY OF LAKEVILLE, MINNESOTA General Fund Schedule of Revenues, Expenditures and Changes in Fund Balances For the Year Ending December 31, 2018 Change from 2017 Estimate Change from 2017 Amended Budget