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05-03-2021 Council Work Session Packet
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05-03-2021 Council Work Session Packet
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11/4/2021 10:53:20 AM
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11/4/2021 9:07:24 AM
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City Council
Council Document Type
Council Packet
Meeting Date
05/03/2021
Council Meeting Type
Work Session Regular
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City of Lino Lakes <br />General Fund Budet to Actual (Unaudited) <br />For the Quarter Ended March 31, 2021 <br />(4) Variance primarily due to payroll timing difference (two weeks of March paid in April). <br />(5) Variance due to accounts payable timing difference (general engineering services for March have not yet been paid). <br />(6) Salaries and fire stipends are driving the variance due to the number of fire calls and number of cross trained police <br />officers. In addition, workers compensation insurance premiums (paid through the end of August 2021) and uniforms <br />(turn out gear has not yet been purchased) are offsetting variances. <br />(7) Variance due to payroll timing difference (two weeks of March paid in April), workers compensation insurance premiums <br />(paid through the end of August 2021), patching materials which are seasonal expenses, street lights accounts payable <br />timing difference (March services were paid in April), and contracted services are seasonal expenses. <br />(8) Variance primarily due to general liability, property, and excess liability insurance premiums (paid through the end <br />of August 2021). In addition, electricity accounts payable timing difference (March services were paid in April) is an <br />offsetting variance. <br />(9) Varirance primarily due to payroll timing difference (two weeks of March paid in April) and temporaries had not started <br />as of March 31st. In addition, contracted services are seasonal expenses contributing to the variance. <br />(10) Contingency does not get any expenditures coded to it, instead that budget is allocated to other line items with a budget <br />amendment as needed. Operating transfers were booked in full in January 2021. <br />4
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