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City of Lake Elmo
<br />2025 Draft Budgets - August 27 Budget Workshop
<br />2021 2022 2023 2024 2024 2024 2025 Change from Budget
<br />Account Number Description Actual Actual Actual Adopted Q2 YTD Projected Requested Prior Year Notes
<br />(excludes any amendments)
<br />Fines and Forfeits
<br />101-420-2100-35100 Fines 45,749 2,966 36,879 30,000 15,585 30,000 30,000 0.00%
<br />101-420-2220-35102 False Alarm 1,210 -
<br />101-420-2100-35130 Forfeitures - 93 - - - - #DIV/0!
<br />Total Fines and Forfeits 45,749$ 2,966$ 36,972$ 30,000$ 16,795$ 30,000.00$ 30,000.00$ 0.00%
<br />-
<br />Investment Earnings
<br />101-410-1320-36210 Interest Earnings (9,833) 238,492 80,000 157,082 80,000 83,200 4.00%interest allocations across funds occur at year end.
<br />Total Investment Earnings (9,833)$ (81,535)$ 238,492$ 80,000$ 157,082$ 80,000.00$ 83,200.00$ 4.00%
<br />-
<br />Miscellaneous
<br />101-410-1320-31811 Cable Franchise Revenue 81,019 77,694 68,884 65,000 86,955 86,955 65,000 0.00%extra reimbursement in 2024 not expected in 2025.
<br />101-410-1320-TBD Electric & Gas Franchise Revenue 416,667 #DIV/0!New Franchise Fees estimated at $500,000 per year, but only for 10 m
<br />101-410-1320-36200 Miscellaneous Revenue (Admin)20,486 15,955 14,560 5,000 87 5,000 5,000 0.00%
<br />101-420-2220-36200 Miscellaneous Revenue (Fire)7,725 6,155 11,970 - - - - #DIV/0!
<br />101-430-3100-36200 Miscellaneous Revenue (PW)4,080 9,203 8,534 4,500 1,905 1,905 4,500 0.00%
<br />101-410-1910-36200 Miscellaneous Revenue (Planning)14,285 - - - - - - #DIV/0!
<br />101-410-1320-36207 MCMA Grant 3,500 - - - - - - #DIV/0!
<br />101-450-5200-36200 Miscellaneous Revenue (Parks)37 1,312 1,000 2,181 1,000 1,000 0.00%
<br />101-420-2220-36204 Reimbursements - Fire 27,616 25,535 15,519 5,000 6,402 6,402 5,500 10.00%
<br />101-420-2220-36230 Donations-Fire 2,185 2,759 1,000 3,785 1,000 1,000 0.00%
<br />101-410-1320-36230 Donations - Admin 9,000 12,000 10,000 10,000 7,600 10,000 7,500 -25.00%pulltab donations have decreased
<br />101-450-5200-36230 Donations - Parks - 36,500 - - #DIV/0!
<br />101-410-1320-34120 Tower Rent 103,631 48,006 133,843 119,403 58,285 119,403 116,000 -2.85%
<br />Total Miscellaneous 271,342$ 196,769$ 267,381$ 210,903$ 203,701$ 231,665$ 622,167$ 195.00%
<br />Prior Period Adjustments
<br />General Fund Revenue Summary
<br />Taxes 5,028,535 5,142,327 5,998,212 - 5,993,212 5,132,101 -14.44%
<br />Licenses and Permits 1,646,164 1,147,690 933,580 611,358 984,680 981,995 5.19%
<br />Intergovernmental 360,870 286,127 269,555 175,835 314,262 276,320 2.51%
<br />Charges for Services 742,281 577,073 617,000 434,845 634,168 623,000 0.97%
<br />Fines and Forfeits 2,966 36,972 30,000 16,795 30,000 30,000 0.00%
<br />Investment Earnings (81,535) 238,492 80,000 157,082 80,000 83,200 4.00%
<br />Miscellaneous 196,769 267,381 210,903 203,701 231,665 622,167 195.00%
<br />Total General Fund Revenues:6,791,909$ 7,896,051$ 7,696,061$ 8,139,250$ 1,599,615$ 8,267,987$ 7,748,783$ -4.80%
<br />7,896,051$ 7,696,061$ 8,139,250$ 1,599,615$
<br />General Fund Expenditures:
<br />1110 Mayor & Council
<br />Personnel
<br />101-410-1110-41030 Part-time Salaries 25,690 25,690 25,162 25,690 12,845 25,690 25,690 0.00%
<br />101-410-1110-41220 FICA Contributions 1,593 1,593 1,560 1,593 796 1,593 1,593 0.00%
<br />101-410-1110-41230 Medicare Contributions 373 373 365 373 186 373 373 0.00%
<br />101-410-1110-41510 Workers Compensation 118 86 66.49 93.08 52.30 - 93 0.00%
<br />Total Personnel 27,774$ 27,741$ 27,153$ 27,749$ 13,880$ 27,656$ 27,749$ 0.00%
<br />Materials and Supplies
<br />101-410-1110-42000 Office Supplies 70 64 67 125 250 250 1,000 700.00%
<br />101-410-1110-42001 Computer Reimbursement 2,859 - 2,000 - - - 4,000 #DIV/0! Computers for new electeds.
<br />101-410-1110-43185 IT Support 1,203 1,322 1,273 1,394 719 1,394 1,601 14.88%
<br />101-410-1110-43310 Mileage 191 37 955 - 955 630 -34.03%LMC conference in Rochester
<br />Total Materials and Supplies 4,132$ 1,577$ 3,377$ 2,474$ 968$ 2,599$ 7,231$ 192.32%
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