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2014 2015 2016 2016 2017
<br /> Actual Actual Budget Estimated Budget
<br />REVENUE SUMMARY:
<br />Fire Equipment Replacement Levy 113,664$ 132,302$ 134,932$ 134,932$ 143,027$
<br />10% Gambling Tax 24,845 37,455 10,000 24,000 22,000
<br />Park Charge Fee 20,605 47,371 10,000 192,000 10,000
<br />Donations 56,784 52,000 20,000 58,000 20,000
<br />Miscellaneous 17,217 56,421 32,150 33,000 27,720
<br />Interest 77,849 56,353 28,265 25,800 27,800
<br />Bond proceeds 3,400,000 - - - -
<br />Transfer in - 482,888 - - -
<br />TOTAL REVENUE 3,710,964$ 864,790$ 235,347$ 467,732$ 250,547$
<br />EXPENDITURE SUMMARY:
<br />Auditor 530$ 485$ 500$ 500$ 540$
<br />Canadian Days Fireworks 4,200 4,200 4,200 4,200 4,200
<br />Land 785 185,096 - 4,245 -
<br />IFL interest 12,496 12,070 12,000 12,000 12,000
<br />Engineer/Consultant/Attorney 2,500 294 - - -
<br />Project costs 1,947,673 1,918,769 - - -
<br />Paying Agent Fees/Issuance Costs 72,775 - - - -
<br />Transfer out 12,423 18,728 4,500 4,500 4,500
<br />TOTAL EXPENDITURES 2,053,382$ 2,139,642$ 21,200$ 25,445$ 21,240$
<br />
<br />NET INCREASE (DECREASE)1,657,582$ (1,274,852)$ 214,147$ 442,287$ 229,307$
<br />BEGINNING FUND BALANCE 1,929,056$ 3,586,638$ 2,311,786$ 2,331,776$ 2,774,063$
<br />ENDING FUND BALANCE 3,586,638$ 2,311,786$ 2,525,933$ 2,774,063$ 3,003,370$
<br />2014 2015 2016 2016 2017
<br />Actual Actual Budget Estimated Budget
<br />Revenues:
<br />10% Gambling Tax 24,845$ 37,455$ 10,000$ 24,000$ 22,000$
<br />Interest 2,076 2,247 800 800 800
<br />Total Revenue 26,921$ 39,702$ 10,800$ 24,800$ 22,800$
<br />Expenditures:
<br />Canadian Days Fireworks 4,200$ 4,200$ 4,200$ 4,200$ 4,200$
<br />Spooner Park playground equipment 115,000$
<br />Operating Transfer-Park Staff Salaries (1)12,423 18,728 4,500 4,500 4,500
<br />Total Expenditures 16,623$ 22,928$ 8,700$ 8,700$ 123,700$
<br />
<br />Net Increase (Decrease)10,298 16,774 2,100 16,100 (100,900)
<br />Beginning Fund Balance 58,982$ 69,280$ 86,054$ 86,054$ 102,154$
<br />Ending Fund Balance 69,280$ 86,054$ 88,154$ 102,154$ 1,254$
<br />(1) 50% of revenue transfer to general fund to offset parks and recrecation administration costs associated with youth programs pursuant to long standing
<br />practice.
<br />CITY OF LITTLE CANADA
<br />OTHER CAPITAL PROJECT FUNDS
<br />BUDGET SUMMARY
<br />DETAILED OTHER CAPITAL PROJECT FUND BUDGETS
<br />10% FUND (Fund 408)
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