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2019 Actual 2020 Revised 2021 2022 2023 2024 2025 Future
<br />REVENUE SUMMARY:
<br />PILOT Payment (Painter's Union) (1)10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ -$ -$
<br />PILOT Payment (AFSA) (2)- 13,980 13,300 13,300 13,300 13,300 13,300
<br />TIF Excess Increment 28,027 10,000 10,000 10,000 10,000 10,000 10,000
<br />Donations 157,845 110,700 - - - - - 55,000
<br />Sale of Equipment 34,500 40,750 40,000 - - - -
<br />Grant for Fitness Equipment - - - 65,000 - - -
<br />Local Government Aid 347,503 347,503 347,503 - - - -
<br />LCFD Reimbursement 151,409 99,755 - - - - -
<br />Transfer from 450 for Admin Fees 4,094 23,300 10,000 9,900 8,600 9,700 11,500 11,500
<br />Transfer from 10% Fund for Salaries - - - - - - -
<br />Transfer from 10% Fund for Spooner 31,401 - - - - - -
<br />Transfer from Park Land Acq. Fund - - - 325,000 - - -
<br />Interest 51,682 24,500 14,700 8,200 3,600 - -
<br />TOTAL REVENUE 816,461$ 680,488$ 445,503$ 441,400$ 45,500$ 43,000$ 34,800$ 66,500$
<br />EXPENDITURE SUMMARY:
<br />Audit Fees 500$ 500$ 520$ 530$ 540$ 550$ 560$ -$
<br />City Survey - - - - - - -
<br />Comprehensive Plan - - - - - - -
<br />Public Works Crew 5,587 - - - - - -
<br />Buildings (Detail on page 19)7,469 82,852 147,800 53,000 3,000 3,000 3,000 11,000
<br />Administration (Detail on page 20)7,314 14,880 61,700 10,100 15,850 15,450 15,250 -
<br />Fire (Detail on page 21)491,517 95,260 234,650 17,450 2,450 2,450 2,450 2,450
<br />Parks & Recreation (Detail on pg 22-23)379,005 296,185 635,150 652,400 135,400 261,900 7,400 140,000
<br />Public Works (Detail on page 24-25)162,685 202,157 197,050 164,200 163,500 154,000 219,500 1,340,000
<br />TOTAL EXPENDITURES 1,054,077$ 691,834$ 1,276,870$ 897,680$ 320,740$ 437,350$ 248,160$ 1,493,450$
<br />NET INCREASE (DECREASE)(237,616)$ (11,346)$ (831,367)$ (456,280)$ (275,240)$ (394,350)$ (213,360)$ (1,426,950)$
<br />BEGINNING FUND BALANCE 1,901,253$ 1,663,637$ 1,652,291$ 820,924$ 364,644$ 89,404$ (304,946)$ (304,946)$
<br />ENDING FUND BALANCE 1,663,637$ 1,652,291$ 820,924$ 364,644$ 89,404$ (304,946)$ (518,306)$ (1,731,896)$
<br />(1)$10,000 until 2022; can renegotiate in 2022; in effect while property is under tax exempt status
<br />(2) Tax capacity multiplied by City's Tax Rate
<br />GENERAL CAPITAL IMPROVEMENT FUND SUMMARY (FUND 400)
<br />CAPITAL PROJECTS 2021-2025
<br />CITY OF LITTLE CANADA
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