|
City of Lino Lakes
<br />General Fund Budget to Actual (Unaudited)
<br />For the Quarter Ended June 30, 2025 Percent
<br />Received or
<br />Expended
<br />Budget Actuals Variance - Based on
<br />Annual Thru Thru Favorable Budget Thru
<br />Budget 06/30/2025 06/30/2025 (Unfavorable) 06/30/2025
<br />Revenues
<br />Property Taxes 11,349,814$ 5,674,907$ 3,103,730$ (2,571,177)$ * 54.7 %
<br />Other Taxes 155,000 77,500 76,822 (678) 99.1
<br />Licenses and Permits 973,709 486,855 640,915 154,061 (A) 131.6
<br />Intergovernmental Revenue 921,804 460,902 250,210 (210,692) (B) 54.3
<br />Charges For Services 450,996 225,498 282,707 57,209 (C) 125.4
<br />Fines & Forfeits 76,000 38,000 48,017 10,017 126.4
<br />Investment Income 75,000 37,500 189,989 152,489 (D) 506.6
<br />Miscellaneous Revenue 48,000 24,000 11,652 (12,348) 48.6
<br />Transfers In - - - - -
<br /> Total Revenues 14,050,323 7,025,162 4,604,042 (2,421,120) 65.5
<br />Expenditures
<br />Mayor & Council 158,575 79,288 53,579 25,709 67.6
<br />Administration 718,433 359,217 364,644 (5,428) 101.5
<br />Elections 21,367 10,684 204 10,480 1.9
<br />Charter Administration 9,980 4,990 1,314 3,676 26.3
<br />Finance 840,540 420,270 579,628 (159,358) (E) 137.9
<br />Legal Consultants 148,000 74,000 97,888 (23,888) 132.3
<br />Economic Development 98,359 49,180 44,327 4,853 90.1
<br />Planning & Zoning 195,076 97,538 76,260 21,278 78.2
<br />Engineering 100,459 50,230 41,741 8,489 83.1
<br />Community Development 328,245 164,123 100,792 63,331 (F) 61.4
<br />Police 5,373,348 2,686,674 2,426,023 260,651 90.3
<br />Fire 1,306,895 653,448 682,883 (29,436) 104.5
<br />Building Inspections 564,944 282,472 208,740 73,732 (G) 73.9
<br />Streets 1,284,077 642,039 603,281 38,758 94.0
<br />Fleet Management 790,727 395,364 379,121 16,243 95.9
<br />Government Buildings 654,746 327,373 363,732 (36,359) 111.1
<br />Parks 1,103,332 551,666 379,368 172,298 (H) 68.8
<br />Environmental 71,060 35,530 28,018 7,512 78.9
<br />Solid Waste 93,304 46,652 27,111 19,541 58.1
<br />Forestry 113,856 56,928 28,224 28,704 49.6
<br />Other 75,000 37,500 25,000 12,500 66.7
<br /> Total Expenditures 14,050,323 7,025,162 6,511,878 513,284 92.7
<br />Revenues Over
<br />(Under) Expenditures -$ -$ (1,907,836)$ (1,907,836)$
<br />* Property tax settlements are received from Anoka County in July (with 70% advance in June) and December.
<br />Item Explanation of items with both a variance greater than $50,000 and percentage less than 80% or greater than 120%
<br />(A) Strong Building permit revenues, primarily related to Watermark, already at 66% of the annual budget, and approximately
<br />$100,000 ahead of 2024 activity.
<br />Page 52 of 228
|