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2019 Actual 2020 Est 2021 2022 2023 2024 2025 Future
<br />REVENUE SUMMARY:
<br />General property tax levy 154,041$ 122,200$ 122,200$ 122,200$ 122,200$ 122,200$ 122,200$ -$
<br />Assessments 338,125 430,500 274,500 300,000 300,000 300,000 300,000
<br />Connection charges 51,120 - - - - - -
<br />Fra-dor license fee (1)67,788 18,000 18,000 18,000 18,000 18,000 18,000
<br />Franchise fee 358,146 358,000 350,000 350,000 350,000 350,000 350,000
<br />Intergovernmental 895 - - - - - -
<br />MSA - 527,527 - - - - -
<br />MSA Advance 348,000 55,000
<br />Quiet Zone Reimb.230,537 - - - - - -
<br />CDBG Grant - 175,000 - - - - -
<br />FEMA for County Road B2 73,000 - - - - - -
<br />Transfer for paver project 48,305 500,000 - - - - -
<br />Transfer for Powerline trail land acq.- - - - - - -
<br />Interest 88,715 52,100 24,700 21,000 17,200 14,800 11,200
<br />TOTAL REVENUE 1,410,672$ 2,531,327$ 844,400$ 811,200$ 807,400$ 805,000$ 801,400$ -$
<br />EXPENDITURE SUMMARY:
<br />Audit fees 1,855$ 1,890$ 1,930$ 1,970$ 2,010$ 2,050$ 2,090$ -$
<br />Assessment fees 1,571 1,600 1,630 1,660 1,690 1,720 1,750
<br />General Engineering 21,120 - - - - - -
<br />Project Costs-Streets (Detail on pg 26)255,485 3,443,528 1,179,050 1,169,600 1,015,000 1,139,810 1,036,400 1,348,000
<br />Project Costs-Trails (Detail on page 28)- - - - - - - -
<br />Project Costs-Storm (Detail on page 29)91,782 68,936 15,000 15,000 15,000 15,000 15,000 100,000
<br />Transfer to Gen. Cap. Improve. Fund 4,091 23,300 10,000 9,900 8,600 9,700 8,800 11,500
<br />TOTAL EXPENDITURES 375,904$ 3,539,254$ 1,207,610$ 1,198,130$ 1,042,300$ 1,168,280$ 1,064,040$ 1,459,500$
<br />NET INCREASE (DECREASE)1,034,768$ (1,007,927)$ (363,210)$ (386,930)$ (234,900)$ (363,280)$ (262,640)$ (1,459,500)$
<br />BEGINNING FUND BALANCE 2,440,050$ 3,474,818$ 2,466,891$ 2,103,681$ 1,716,751$ 1,481,851$ 1,118,571$ 1,118,571$
<br />ENDING FUND BALANCE 3,474,818$ 2,466,891$ 2,103,681$ 1,716,751$ 1,481,851$ 1,118,571$ 855,931$ (340,929)$
<br />(1) Interim Use agreement at .20/ton. Increases by CPI each year. Current agreement expires 12/31/2040.
<br />CITY OF LITTLE CANADA
<br />CAPITAL PROJECTS 2021-2025
<br />INFRASTRUCTURE CAPITAL IMPROVEMENT FUND SUMMARY (450)
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