|
City of Lake Elmo
<br />2025 Draft Budgets - September 17 Council Meeting
<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 />601-494-9400-44170 Uniforms 880 873 1,098 1,000 392 1,000 1,200 20.00%
<br />601-494-9400-44330 Dues & Subscriptions 300 450 570 400 13 400 400 0.00%
<br />601-494-9400-44370 Conferences & Training 3,964 3,676 1,891 2,500 1,007 2,500 2,500 0.00%training for licenses and certifications
<br />601-494-9400-44377 Credit Card Fees 10,931 11,223 10,750 12,500 3,750 12,500 13,500 8.00%
<br />601-494-9400-44386 Real Estate Taxes 23,474 15,416 - - - - - #DIV/0!
<br />Total Charges and Services 299,478$ 400,131$ 532,550$ 498,474$ 184,843$ 484,260$ 546,202$ 9.57%
<br />Capital Outlay
<br />601-494-9400-45300 Improvements Other Than Bldg 15,425 - 4,997,651.90 4,605,875.00 484,340.55 4,605,875 1,691,475 -63.28%CIP items
<br />Total Capital Outlay 15,425$ -$ 4,997,652$ 4,605,875$ 484,341$ 4,605,875$ 1,691,475$ -63.28%
<br />Miscellaneous and Non-operating
<br />601-494-9400-43320 Depreciation Expense 1,868,224 2,148,531 - - - - #DIV/0!
<br />601-494-9400-44300 Miscellaneous 542 1,139 43,899 - 890 890 1,500 #DIV/0!past - assessment exp, meals, penalties, drop box, other
<br />601-494-9400-46010 Bond Principal 825,000 - 1,120,000 860,000 1,120,000 1,120,000 0.00%
<br />601-494-9400-46110 Bond Interest 219,564 271,308 344,395 374,262 194,628 374,262 350,683 -6.30%
<br />601-494-9400-46350 Bond Issuance Costs - - 94,125 - 94,125 - -100.00%
<br />Total Misc. and Non-operating 220,766$ 1,097,942$ 389,002$ 1,588,387$ 1,055,518$ 1,589,277$ 1,472,183$ -7.32%
<br />Prior Period Adjustments - - - -
<br />Total Water Fund Expenses:1,155,793$ 2,155,099$ 6,736,603$ 7,451,932$ 2,033,130$ 7,303,392$ 4,296,827$ -42.34%
<br />Net Water Fund Revs. Over/(Under) Expen 2,703,003$ 619,901$ (3,769,596)$ (2,968,238)$ (509,212)$ (2,819,698)$ (983,106)$
<br />602 Sewer Fund
<br />Sewer Fund Revenues:
<br />602-000-0000-36100 Special Assessments 1,545,648 1,458,154 (29,951) - - - 255,838 #DIV/0!
<br />602-000-0000-36101 Delinquent Special Assessments 2,628 7,236 - - - - #DIV/0!
<br />602-000-0000-36102 Special Assessments Penalties & 594 684 3,034 - - - - #DIV/0!
<br />602-000-0000-36103 Prepaid Special Assessments 171,577 - 153,033 - - - - #DIV/0!
<br />602-000-0000-36210 Interest on Investments (7,335) (138,866) 387,540 2,500 - 2,500 0.00%
<br />602-000-0000-37200 Sewer Sales 539,130 671,283 755,813 843,721 217,989 843,721 843,721 0.00%
<br />602-000-0000-37220 SAC Early Pay discount/revenue 8,996 8,599 8,126 - 5,059 - - #DIV/0!
<br />602-000-0000-37230 Sewer Lat Benefit Fee 25,000 13,100 13,700 - - - - #DIV/0!revenues to be estimated during Utility Study update.
<br />602-000-0000-37240 Sewer Availability Charges (SAC 1,491,000 477,500 385,500 1,678,500 1,000,900 1,000,900 1,678,500 0.00%
<br />602-000-0000-37260 Sewer Connection Fees Municip 482,000 310,500 249,500 611,000 207,000 207,000 611,000 0.00%
<br />Total Sewer Fund Revenues:4,258,051$ 1,342,307$ 1,805,146$ 3,135,721$ 1,430,948$ 2,051,621$ 3,135,721$ 0.00%
<br />Sewer Fund Expenses:
<br />Personnel
<br />602-495-9450-41010 Full-time Salaries 104,267 131,072 147,885 161,099 78,451 161,099 198,143 22.99%
<br />602-495-9450-41020 Overtime 7,265 8,581 10,418 8,402 4,054 8,402 8,453 0.60%
<br />602-495-9450-41210 PERA Contributions (10,523) 30,413 11,720 12,082 6,069 12,082 14,861 22.99%
<br />602-495-9450-41216 MSRS Contributions -City Admi 279 317 344 351 182 351 321 -8.49%
<br />602-495-9450-41220 FICA Contributions 6,619 8,013 9,423 10,509 5,393 12,809 21.88%
<br />602-495-9450-41230 Medicare Contributions 1,550 1,881 2,214 2,458 1,261 3,099 26.09%
<br />602-495-9450-41300 Insurance 21,870 27,098 30,814 33,348 15,153 33,348 37,876 13.58%
<br />15
|