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City of Little Canada, Minnesota
<br />Actual Variance with
<br />Original Final Amounts Final Budget
<br />Revenues
<br />Taxes 3,786,436$ 3,786,436$ 3,900,681$ 114,245$
<br />Licenses and permits 406,402 406,402 643,654 237,252
<br />Intergovernmental 277,278 277,278 768,089 490,811
<br />Charges for services 35,939 35,939 71,589 35,650
<br />Fines and forfeits 33,000 33,000 28,364 (4,636)
<br />Special assessments - - 675 675
<br />Investment earnings 23,800 23,800 141,885 118,085
<br />Miscellaneous 183,165 183,165 127,893 (55,272)
<br />Total Revenues 4,746,020 4,746,020 5,682,830 936,810
<br />Expenditures
<br />Current
<br />General government 952,645 952,645 857,625 95,020
<br />Public safety 2,724,000 2,724,000 2,713,509 10,491
<br />Public works 569,407 569,407 598,386 (28,979)
<br />Culture and recreation 609,102 609,102 599,524 9,578
<br />Total Expenditures 4,855,154 4,855,154 4,769,044 86,110
<br />Excess (Deficiency) of Revenues
<br />Over (Under) Expenditures (109,134) (109,134) 913,786 1,022,920
<br />Other Financing Sources
<br />Transfers in 109,134 109,134 101,209 (7,925)
<br />Net Change in Fund Balances - - 1,014,995 1,014,995
<br />Fund Balances, January 1 3,614,509 3,614,509 3,614,509 -
<br />Fund Balances, December 31 3,614,509$ 3,614,509$ 4,629,504$ 1,014,995$
<br />Budgeted Amounts
<br />Statement of Revenues, Expenditures and Changes in Fund Balances -
<br /> Budget and Actual
<br />General Fund
<br />For the Year Ended December 31, 2023
<br />The notes to the financial statements are an integral part of this statement.
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