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City of Lake Elmo <br />2026 Proposed Budget <br />September 16, 2025 <br />2023 2024 2025 2026 $ Change from % Change from <br />Account Number Description Actual Actual Budget Proposed Prior Year Budget <br />Prior Year <br />Budget 2026 Notes <br />(Revised) <br />9000 Transfers <br />Transfers <br />101-900-9000-47201 Transfer to Project Fund 16,902 - - <br />101-900-9000-47250 Transfer to Vehicle Replacement Fund 250,000 167,328 - moved to a separate levy in 2025 <br />Total Transfers 266,902$ 167,328$ -$ -$ <br />9000 Total Transfers 266,902$ 167,328$ -$ -$ <br />9001 Contingency Reserve <br />Contingency Reserve <br />Reserve - - 35,000 - (35,000) -100.00%balancing line / surplus in order to maintain fund balance ratio. <br />Total Contingency Reserve - - 35,000 - (35,000) -100.00% <br />9001 Total Contingency Reserve -$ -$ 35,000 - (35,000) -100.00% <br />General Fund Expenditure Summary <br />2023 Actual 2024 Actual 2025 Budget 2026 Proposed <br />$ Change from <br />2025 Budget <br />% Change from <br />2025 Budget <br />1110 Mayor & Council 56,842$ 46,144$ 73,328$ 67,168$ (6,160)$ -8.40% <br />1320 Administration 506,102$ 573,559$ 777,578$ 818,862$ 41,284$ 5.31% <br />1410 Elections 6,881$ 21,116$ 8,315$ 44,691$ 36,376$ 437.48% <br />1450 Communications 50,812$ -$ -$ -$ -$ #DIV/0! <br />1520 Finance 174,557$ 256,644$ 377,044$ 431,597$ 54,552$ 14.47% <br />1910 Planning & Zoning 217,156$ 436,588$ 633,844$ 778,189$ 144,345$ 22.77% <br />1930 Engineering Services 32,855$ 37,200$ 35,000$ 53,970$ 18,970$ 54.20% <br />1940 City Hall 36,687$ -$ -$ -$ -$ #DIV/0! <br />2100 Police 1,048,618$ 1,290,554$ 1,396,730$ 1,435,423$ 38,693$ 2.77% <br />2150 Prosecution 36,949$ 50,540$ 50,000$ 52,983$ 2,983$ 5.97% <br />2220 Fire 1,387,730$ 1,514,880$ 1,559,191$ 1,865,860$ 306,669$ 19.67% <br />2400 Building Inspection 677,312$ 776,397$ 1,084,080$ 1,126,610$ 42,530$ 3.92% <br />2500 Emergency Communications 4,311$ 4,500$ 4,500$ 5,035$ 535$ 11.89% <br />2700 Animal Control 19,172$ 23,998$ 14,500$ 22,000$ 7,500$ 51.72% <br />3100 Streets 1,450,333$ 1,800,311$ 1,215,818$ 1,190,210$ (25,608)$ -2.11% <br />5200 Parks & Recreation 412,051$ 496,013$ 687,513$ 949,782$ 262,269$ 38.15% <br />9000 Transfers 266,902$ 167,328$ -$ -$ -$ 0.00% <br />9001 Contingency Reserve -$ -$ 35,000$ -$ (35,000)$ -100.00% <br />Total General Fund Expenditures:6,385,270$ 7,495,770$ 7,952,441$ 8,842,380$ 889,939$ 11.19% <br />Total Gen Fund Revs. Over/(Under) Expenditures:(270,089)$ <br />Deficit <br />17