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City of Lino Lakes
<br />General Fund Budget to Actual (Unaudited)
<br />For the Quarter Ended September 30, 2024
<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 />09/30/2024
<br />09/30/2024
<br />(Unfavorable)
<br />09/30/2024
<br />Revenues
<br />Property Taxes
<br />$ 10,429,606
<br />$ 7,822,205
<br />$ 5,479,482
<br />$ (2,342,723) *
<br />70.1 %
<br />Other Taxes
<br />185,000
<br />138,750
<br />98,144
<br />(40,606) (1)
<br />70.7
<br />Special Assessments
<br />-
<br />-
<br />287
<br />287
<br />-
<br />Licenses and Permits
<br />1,097,415
<br />823,061
<br />755,219
<br />(67,842)
<br />91.8
<br />Intergovernmental Revenue
<br />692,622
<br />519,467
<br />761,841
<br />242,374 (2)
<br />146.7
<br />Charges For Services
<br />456,325
<br />342,244
<br />390,742
<br />48,498
<br />114.2
<br />Fines & Forfeits
<br />76,000
<br />57,000
<br />73,467
<br />16,467 (3)
<br />128.9
<br />Investment Income
<br />30,000
<br />22,500
<br />280,462
<br />257,962 (4)
<br />1,246.5
<br />Miscellaneous Revenue
<br />32,000
<br />24,000
<br />19,136
<br />(4,864)
<br />79.7
<br />Transfers In
<br />20,000
<br />15,000
<br />20,000
<br />5,000
<br />133.3
<br />Total Revenues
<br />13,018,968
<br />9,764,226
<br />7,878,780
<br />(1,885,446)
<br />80.7
<br />Expenditures
<br />Mayor & Council
<br />109,274
<br />81,956
<br />68,862
<br />13,094
<br />84.0
<br />Administration
<br />712,764
<br />534,573
<br />455,463
<br />79,110
<br />85.2
<br />Elections
<br />49,000
<br />36,750
<br />37,963
<br />(1,213)
<br />103.3
<br />Charter Administration
<br />8,920
<br />6,690
<br />-
<br />6,690
<br />-
<br />Finance
<br />748,840
<br />561,630
<br />591,835
<br />(30,205)
<br />105.4
<br />Legal Consultants
<br />138,000
<br />103,500
<br />104,458
<br />(958)
<br />100.9
<br />Economic Development
<br />98,135
<br />73,601
<br />49,740
<br />23,861 (5)
<br />67.6
<br />Planning & Zoning
<br />181,529
<br />136,147
<br />111,681
<br />24,466
<br />82.0
<br />Engineering
<br />97,463
<br />73,097
<br />65,936
<br />7,161
<br />90.2
<br />Community Development
<br />308,682
<br />231,512
<br />159,960
<br />71,551 (6)
<br />69.1
<br />Police
<br />5,062,622
<br />3,796,967
<br />3,521,175
<br />275,791
<br />92.7
<br />Fire
<br />1,094,025
<br />820,519
<br />798,581
<br />21,937
<br />97.3
<br />Building Inspections
<br />537,078
<br />402,809
<br />336,516
<br />66,292
<br />83.5
<br />Streets
<br />1,146,013
<br />859,510
<br />794,323
<br />65,186
<br />92.4
<br />Fleet Management
<br />704,061
<br />528,046
<br />607,148
<br />(79,102)
<br />115.0
<br />Government Buildings
<br />624,081
<br />468,061
<br />451,770
<br />16,291
<br />96.5
<br />Parks
<br />1,081,779
<br />811,334
<br />729,534
<br />81,800
<br />89.9
<br />Environmental
<br />65,523
<br />49,142
<br />40,438
<br />8,704
<br />82.3
<br />Solid Waste
<br />87,417
<br />65,563
<br />46,153
<br />19,410 (7)
<br />70.4
<br />Forestry
<br />84,515
<br />63,386
<br />73,549
<br />(10,163)
<br />116.0
<br />Other
<br />229,247
<br />171,935
<br />250,000
<br />(78,065) (8)
<br />145.4
<br />Total Expenditures
<br />13,168,968
<br />9,876,726
<br />9,295,086
<br />581,640
<br />94.1
<br />Revenues Over
<br />(Under) Expenditures
<br />$ (150,000)
<br />$ (112,500)
<br />$ (1,416,306)
<br />$ (1,303,806)
<br />* Property tax settlements are received from Anoka County in July (with 70% advance in June) and December.
<br />Item Explanation of items with variance greater than $15,000 and percentage less than 80% or greater than 120%
<br />(1) Circle Pines Gas Franchise Fee revenue is below expectation. Budget for 2025 has been decreased to align expectation with actuals.
<br />(2) Municipal State Aid and Police State Aid have been received in full and have surpassed the annual budget by $20,000 and $80,000,
<br />respectively.
<br />4
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