|
City of Lake Elmo
<br />2026 Budget
<br />December 16, 2025
<br />2023 2024 2025 2025 2025 2025 2026 Change from
<br />Account Number Description Actual Actual Budget Amended Budget a YTD YTD (%)Budget
<br />Prior Year
<br />Budget 2026 Notes
<br />12/2/2025 12/2/2025 12/16/2025
<br />Use of Fund Balance / Sale of Assets
<br />101-410-1110-38000 Use of Fund Balance - 300,000
<br />101-410-1320-39101 Sale of Capital Assets - - 135,000
<br />offsets Contract Services expenses for sale of Fire Station - unsure when sale/expenses
<br />will occur (2025 or 2026) expect sale price will be much higher, but move the balance
<br />to the city hall reserve.
<br />Total Use of Fund Balance / Sale of Assets -$ -$ 435,000$
<br />General Fund Revenue Summary
<br />Taxes 5,142,327 5,976,975 5,588,958 5,588,958 5,135,383 91.9%6,300,000 12.72%
<br />Licenses and Permits 1,147,690 1,020,800 1,011,995 1,011,995 1,615,802 159.7%1,022,995 1.09%
<br />Intergovernmental 286,127 330,712 276,320 276,320 323,721 117.2%61,645 -77.69%
<br />Charges for Services 577,073 699,637 623,000 623,000 971,128 155.9%622,700 -0.05%
<br />Fines and Forfeits 36,972 31,770 30,000 30,000 41,737 139.1%40,000 33.33%
<br />Investment Earnings 238,492 406,978 83,200 83,200 38,118 45.8%176,315 111.92%
<br />Miscellaneous 267,381 298,806 205,500 205,500 305,436 148.6%200,950 -2.21%
<br />Use of Fund Balance / Sale of Assets 435,000
<br />Total General Fund Revenues:7,696,061$ 8,765,679$ 7,818,973$ 7,818,973$ 8,431,326$ 107.8%8,859,606$ 13.31%
<br />7,696,061$ 8,765,679$ 7,818,973$ 7,818,973$ 8,431,326$
<br />3
|