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05-23-2022 Council Packet
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05-23-2022 Council Packet
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12/12/2022 5:57:43 PM
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City Council
Council Document Type
Council Packet
Meeting Date
05/23/2022
Council Meeting Type
Regular
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Revenues <br />Interest On Investments <br />Storm Water Utility <br />Total Revenues <br />Expenditures <br />Personal Services <br />Supplies <br />Services & Charges <br />Contractual Services <br />Capital Outlay <br />Total Expenditures <br />Revenues Over <br />(Under) Expenditures <br />City of Lino Lakes <br />Storm Water Fund Budget to Actual (Unaudited) <br />For the Quarter Ended March 31, 2022 <br />Budget <br />Actuals Prior Year <br />Variance - <br />Annual <br />Thru <br />Thru Thru <br />Favorable <br />Budget <br />03/31/2022 <br />03/31/2022 03/31/2021 <br />(Unfavorable) <br />$ - <br />$ - <br />$ (172) $ - <br />(172) <br />583,000 <br />145,750 <br />62,954 - <br />62,954 (1) <br />583,000 <br />145,750 <br />62,782 - <br />62,782 <br />188,043 <br />47,011 <br />17,913 - <br />(17,913) <br />24,000 <br />6,000 <br />- - <br />- <br />63,877 <br />15,969 <br />4,675 - <br />(4,675) <br />238,493 <br />59,623 <br />549 - <br />(549) <br />68,587 <br />17,147 <br />- - <br />- <br />583,000 <br />145,750 <br />23,137 - <br />(23,137) <br />$ - <br />$ - <br />$ 39,644 $ - <br />$ 39,644 <br />Item Explanation of items with variance greater than $20,000 <br />(1) In 2022 the City Council approved the establishment of a Storm Water Utility to fund the operation and management of the <br />City's Storm Water Infrastructure. The fee for single family residential is $12 per quarter. The fee for multi -family residential, <br />commercial, institution, and industrial properties is $175 per acre of impervious per quarter. Residents currently not connected <br />to city water and sewer received an annual storm water utility bill due in May 2022. <br />8 <br />
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