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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 />1520 Finance
<br />Personnel
<br />101-410-1520-41010 Full-time Salaries 72,262 163,764 174,790 174,790 165,410 94.6%200,968 14.98% -
<br />101-410-1520-41210 PERA Contributions 5,419 12,281 13,109 13,109 12,406 94.6%15,073 14.98% -
<br />101-410-1520-41220 FICA Contributions 4,292 9,787 10,837 10,837 9,935 91.7%12,460 14.98% -
<br />101-410-1520-41230 Medicare Contributions 1,004 2,289 2,622 2,622 2,324 88.6%3,015 14.98% -
<br />101-410-1520-41300 Insurance 13,032 22,862 16,394 16,394 16,334 99.6%21,093 28.66% -
<br />101-410-1520-41325 Life Insurance 270 80 109 109 103 94.1%136 23.94% -
<br />101-410-1520-41330 STD/LTD 174 777 1,302 1,302 1,155 88.7%2,306 77.15% -
<br />101-410-1520-41510 Workers Compensation 734 432 852 852 852 99.9%890 4.41%
<br />Total Personnel 97,188$ 212,271$ 220,014.85$ 220,014.85$ 208,519.07$ 94.8%255,939.71$ 16.33%
<br />Materials and Supplies
<br />101-410-1520-42000 Office Supplies 898 1,100 1,030 1,030 601 58.3%1,100 6.80% -
<br />101-410-1520-42030 Printed Forms 1,009 2,352 1,545 1,545 - 0.0%1,000 -35.28% no checks ordered in 2025.
<br />Total Materials and Supplies 1,907$ 3,451$ 2,575$ 2,575$ 601$ 23.3%2,100$ -18.45%
<br />Charges and Services
<br />101-410-1520-42002 IT Hardware 6,080 184 - - - -2,910 - computer replacements
<br />101-410-1520-43010 Audit Services 11,284 11,844 11,500 11,500 18,958 164.9%12,075 5.00% -
<br />101-410-1520-43150 Contract Services 49,054 9,776 10,000 10,000 226 2.3%14,072 40.72%
<br />
<br />$10K for normal financial consultants.
<br />101-410-1520-43185 IT Support 4,459 5,691 7,356 7,356 5,741 78.0%16,972 130.72%
<br />101-410-1520-43190 Software Programs 4,319 3,849 9,000 9,000 7,749 86.1%24,790 175.44% new financial software - higher annual fees.
<br />101-410-1520-43310 Mileage 288 255 309 309 - 0.0%403 30.36% -
<br />101-410-1520-43610 Insurance 886 - 3,434 934 1,063.10$ 113.8%801$ -14.20%
<br />101-410-1520-44040 Repairs/Maint Contractual Eqpt - 3,463 - - 2,640 -3,240 - copier lease
<br />101-410-1520-44050 Shared City Center Expenses 29,815 31,815 31,816 100.0%45,061 41.63% gets paid to City Center Fund.
<br />101-410-1520-44330 Dues & Subscriptions 720 680 1,040 1,040 330 31.7%460 -55.77% -
<br />101-410-1520-44370 Conferences & Training 766 1,459 4,000 4,000 1,826 45.6%3,640 -9.00% MNGFOA conference - registration & hotel (FD and FC), LMC conference (FD)
<br />101-410-1520-44371 Allocation to Building Inspections (2,905) - - - - -- - no longer used.
<br />Total Charges and Services 75,035$ 37,200$ 76,455$ 75,955$ 70,350$ 92.6%124,424$ 63.81%
<br />Miscellaneous
<br />101-410-1520-44300 Miscellaneous 427 3,721 3,000 3,000 4,294 143.1%1,500 -50.00% logo apparel, Wash Co. exp., other
<br />Total Miscellaneous 427$ 3,721$ 3,000$ 3,000$ 4,294$ 143.1%1,500$ -50.00%
<br />Capital Outlay
<br />101-410-1520-45350 Capital Outlay - Finance Software 75,000 75,000 38,103 50.8%49,000 -34.67%New Financial Software ($200K over 2 years, part getting allocated to W/S/S)
<br />Total Capital Outlay 75,000$ 75,000$ 38,103$ 50.8%49,000$ -34.67%
<br />1520 Total Finance 174,557$ 256,644$ 377,044$ 376,544$ 321,867$ 85.5%432,964$ 14.98%
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