|
City of Lino Lakes
<br />General Fund Budget to Actual (Unaudited)
<br />For the Quarter Ended March 31, 2022
<br />Percent
<br />Received or
<br />Expended
<br />Budget
<br />Actuals
<br />Variance -
<br />Based on
<br />Annual
<br />Thru
<br />Thru
<br />Favorable
<br />Budget Thru
<br />Budget
<br />03/31/2022
<br />03/31/2022
<br />(Unfavorable)
<br />03/31/2022
<br />Revenues
<br />Property Taxes
<br />$ 8,789,119
<br />$ 2,197,280
<br />$ 81
<br />$ (2,197,199)
<br />*
<br />0.0 %
<br />Licenses and Permits
<br />1,032,802
<br />258,201
<br />427,542
<br />169,342
<br />(1)
<br />165.6
<br />Intergovernmental Revenue
<br />668,512
<br />167,128
<br />141,925
<br />(25,203)
<br />84.9
<br />Charges For Services
<br />292,172
<br />73,043
<br />91,703
<br />18,660
<br />(2)
<br />125.5
<br />Fines & Forfeits
<br />101,100
<br />25,275
<br />13,381
<br />(11,894)
<br />52.9
<br />Investment Income
<br />30,000
<br />7,500
<br />(142,623)
<br />(150,123)
<br />(3)
<br />(1,901.6)
<br />Miscellaneous Revenue**
<br />211,057
<br />52,764
<br />70,908
<br />18,144
<br />(4)
<br />134.4
<br />Transfers In
<br />40,000
<br />10,000
<br />40,000
<br />30,000
<br />(5)
<br />400.0
<br />Total Revenues
<br />11,164,762
<br />2,781,191
<br />642,918
<br />(2,148,273)
<br />23.1
<br />Expenditures
<br />Mayor & Council
<br />93,373
<br />23,343
<br />15,031
<br />8,312
<br />64.4
<br />Administration
<br />653,362
<br />163,341
<br />128,282
<br />35,058
<br />(6)
<br />78.5
<br />Elections
<br />34,550
<br />8,638
<br />-
<br />8,638
<br />-
<br />Charter Administration
<br />7,463
<br />1,866
<br />-
<br />1,866
<br />-
<br />Finance
<br />653,689
<br />163,422
<br />132,140
<br />31,282
<br />80.9
<br />Legal Consultants
<br />138,000
<br />34,500
<br />26,000
<br />8,500
<br />75.4
<br />Economic Development
<br />113,669
<br />28,417
<br />9,050
<br />19,367
<br />(7)
<br />31.8
<br />Planning & Zoning
<br />168,116
<br />42,029
<br />28,108
<br />13,921
<br />66.9
<br />Engineering
<br />97,365
<br />24,341
<br />6,735
<br />17,607
<br />(8)
<br />27.7
<br />Community Development
<br />196,508
<br />49,127
<br />39,141
<br />9,986
<br />79.7
<br />Police
<br />4,562,016
<br />1,140,504
<br />1,132,540
<br />7,964
<br />99.3
<br />Fire
<br />886,099
<br />221,525
<br />181,328
<br />40,197
<br />81.9
<br />Building Inspections
<br />464,251
<br />116,063
<br />80,485
<br />35,577
<br />(9)
<br />69.3
<br />Streets
<br />1,033,976
<br />258,494
<br />203,694
<br />54,800
<br />(10)
<br />78.8
<br />Fleet Management
<br />588,940
<br />147,235
<br />145,451
<br />1,784
<br />98.8
<br />Government Buildings
<br />544,520
<br />136,130
<br />169,410
<br />(33,280)
<br />(11)
<br />124.4
<br />Parks
<br />842,211
<br />210,553
<br />85,494
<br />125,059
<br />(12)
<br />40.6
<br />Recreation
<br />42,438
<br />10,610
<br />5,628
<br />4,982
<br />53.0
<br />Environmental
<br />59,620
<br />14,905
<br />9,599
<br />5,306
<br />64.4
<br />Solid Waste
<br />77,809
<br />19,452
<br />12,954
<br />6,498
<br />66.6
<br />Forestry
<br />60,037
<br />15,009
<br />30,977
<br />(15,967)
<br />(13)
<br />206.4
<br />Other
<br />346,750
<br />86,688
<br />286,750
<br />(200,063)
<br />(14)
<br />330.8
<br />Total Expenditures
<br />11,664,762
<br />2,916,191
<br />2,728,798
<br />187,393
<br />93.6
<br />Revenues Over
<br />(Under) Expenditures $ (500,000) $ (135,000) $ (2,085,880) $ (1,960,880)
<br />* Property taxes are received in July and December.
<br />**General fund reserves budget of $500,000 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) Favorable variance due to permit revenue collected for the Lyngblomsten Senior Housing Development partially offset by an
<br />unfavorable variance for liquor license fees. Liquor license fees are typically collected in full in July, but Council waived the
<br />on -sale liquor license fees for the 2022-2023 licensing period due to the remaining impacts on restaurant liquor license holders
<br />in the city from the COVID-19 Pandemic.
<br />c1
<br />
|