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05-26-2021 Council Packet
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05-26-2021 Council Packet
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CITY OF LITTLE CANADA, MINNESOTA <br />SPECIAL REVENUE FUND - RECYCLING & TRASH <br />SCHEDULE OF REVENUES, EXPENDITURES AND <br />CHANGES IN FUND BALANCE - BUDGET AND ACTUAL <br />For The Year Ended December 31, 2020 <br />With Comparative Data for the Year Ended December 31, 2019 <br />Variance with <br />2020 Final Budget-2019 <br />Actual Positive Actual <br />Original Final Amounts (Negative)Amounts <br />Revenues: <br /> Charges for services 442,395$ 442,395$ 468,312$ 25,917$ 436,138$ <br /> Investment earnings (loss)1,500 1,500 1,850 350 2,877 <br /> Miscellaneous - sanitation - - 242 242 132 <br />Total revenues 443,895 443,895 470,404 26,509 439,147 <br />Expenditures: <br /> Sanitation: <br /> Current: <br /> Contractual services 424,930 424,930 448,249 (23,319) 413,046 <br />Total expenditures 424,930 424,930 448,249 (23,319) 413,046 <br />Revenues over (under) expenditures 18,965 18,965 22,155 3,190 26,101 <br />Other financing sources (uses): <br /> Transfer to General Fund (35,000) (35,000) (35,000) - (35,000) <br />Net increase (decrease) in fund balance (16,035)$ (16,035)$ (12,845) 3,190$ (8,899) <br />Fund balance - January 1 188,152 197,051 <br />Fund balance - December 31 175,307$ 188,152$ <br />Budgeted Amounts <br />100
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