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07-13-2020 Council Packet
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07-13-2020 Council Packet
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12/2/2021 2:38:35 PM
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City Council
Council Document Type
Council Packet
Meeting Date
07/13/2020
Council Meeting Type
Regular
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City of Sample, Minnesota <br />Capital Improvement Plan - Police Equipment Revolving Fund 235 <br />Schedule of Projected Revenue, Expenditures and Debt <br />2019 2020 <br />Estimated Estimated <br />Revenues <br />Property taxes (2% increase, anually, beginning in 2019)154,938$ 158,037$ <br />Additional levy to balance - 50,000 <br />Interest on investments 29,373 28,894 <br />Miscellaneous - - <br />Total Revenues 184,311 236,931 <br />Expenditures <br />Capital outlay <br />Public safety 247,200 243,700 <br />Total Expenditures 247,200 243,700 <br />Excess (Deficiency) of Revenues <br /> Over (Under) Expenditures (62,889) (6,769) <br />Other Financing Sources <br />Transfer in - - <br />Bond proceeds - - <br />Sale of Fixed Asset 15,000 15,000 <br />Transfers out - - <br />Total Other Financing Sources 15,000 15,000 <br />Net Change in Fund Balances (47,889) 8,231 <br />Unrestricted Cash Balance - - <br />Assigned Cash Balance 2,838,545 2,841,482 <br />Cash Balance, January 1 2,838,545 2,841,482 <br />Unrestricted Cash Balance - 5,342 <br />Assigned Cash Balance 2,841,482 2,844,372 <br />Fund Balances, December 31 2,841,482$ 2,849,713$ <br />27 <br />Sample
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