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City of Lino Lakes
<br />General Fund Budet to Actual (Unaudited)
<br />For the Quarter Ended March 31, 2021 Percent
<br />Received or
<br />Expended
<br />Budget Actuals Variance - Based on
<br />Annual Thru Thru Favorable Budget Thru
<br />Budget 03/31/2021 03/31/2021 (Unfavorable) 03/31/2021
<br />Revenues
<br />Property Taxes 9,271,367$ 2,317,842$ -$ (2,317,842)$ *- %
<br />Licenses and Permits 943,019 235,755 323,747 87,992 (1) 137.3
<br />Intergovernmental Revenue 631,523 157,881 131,275 (26,606) 83.1
<br />Charges For Services 301,059 75,265 40,769 (34,496) (2)54.2
<br />Fines & Forfeits 106,100 26,525 11,866 (14,659) 44.7
<br />Investment Income 30,000 7,500 (7,874) (15,374) (3) (105.0)
<br />Miscellaneous Revenue 214,500 53,625 63,733 10,108 ** 118.8
<br /> Total Revenues 11,497,568 2,874,392 563,516 (2,310,876) 19.6
<br />Expenditures
<br />Mayor & Council 89,763 22,441 13,643 8,797 60.8
<br />Administration 551,835 137,959 106,497 31,462 (4)77.2
<br />Elections 19,160 4,790 164 4,626 3.4
<br />Cable TV 2,658 665 3 662 0.5
<br />Charter Administration 2,500 625 151 474 24.2
<br />Finance 686,227 171,557 146,672 24,885 85.5
<br />Legal Consultants 135,000 33,750 25,542 8,208 75.7
<br />Economic Development 108,484 27,121 15,776 11,345 58.2
<br />Planning & Zoning 168,048 42,012 27,636 14,376 65.8
<br />Engineering 109,760 27,440 7,511 19,929 (5)27.4
<br />Community Development 235,180 58,795 46,289 12,506 78.7
<br />Police 4,368,047 1,092,012 882,998 209,014 80.9
<br />Fire 698,885 174,721 124,086 50,635 (6)71.0
<br />Building Inspections 376,680 94,170 76,986 17,184 81.8
<br />Streets 1,008,752 252,188 184,180 68,008 (7)73.0
<br />Fleet Management 559,159 139,790 129,915 9,874 92.9
<br />Government Buildings 494,586 123,647 168,537 (44,890) (8) 136.3
<br />Parks 690,294 172,574 116,640 55,934 (9)67.6
<br />Recreation - - 713 (713) -
<br />Environmental 63,341 15,835 8,591 7,244 54.3
<br />Solid Waste 78,523 19,631 10,334 9,297 52.6
<br />Forestry 71,405 17,851 8,595 9,257 48.1
<br />Other 1,001,113 250,278 926,113 (675,835) (10) 370.0
<br /> Total Expenditures 11,519,400 2,879,850 3,027,571 (147,721) 105.1
<br />Revenues Over
<br />(Under) Expenditures (21,832)$ (5,458)$ (2,464,055)$ (2,458,597)$
<br />* Property taxes are recevied in July and December.
<br />**General fund reserves budget of $21,832 is represented on the Revenues Over (Under) Expenditures line.
<br />Item Explanation of items with variance greater than $15,000 and percentage less than 80% or greater than 120%
<br />(1) Liquor license revenue is collected in full in July, lodging tax (pass through revenue) is low due to COVID-19,
<br />and residential development is creating more building permit revenue than anticipated.
<br />(2) Police other revenues are under budget due to SRO reimbursement (schools closed due to COVID-19), Eagle Brook
<br />Church overtime reimbursement for March 2021 has not been billed, and TZD grant for Q1 has not yet been received.
<br />In addition to police other revenues, the investment management fee is not booked until year end.
<br />(3) Due to rising interest rates unrealized losses on investments are greater than interest earnings.
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