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Agenda Packets - 2024/07/22
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Agenda Packets - 2024/07/22
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Last modified
1/28/2025 4:49:06 PM
Creation date
7/23/2024 10:58:38 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
7/22/2024
Supplemental fields
City Council Document Type
Packets
Date
7/22/2024
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Exhibit E <br /> CITY OF MOUNDS VIEW,MINNESOTA <br /> STATEMENT OF REVENUES AND EXPENSES <br /> BUDGET AND ACTUAL <br /> FOR THE SIX MONTHS ENDED JUNE 30 <br /> STREET LIGHTING FUND <br /> Percent <br /> Received or <br /> Expended <br /> Actual Actual Variance- Based on <br /> Annual Thru Thru Favorable Actuals Thru <br /> Budget 06/30/23 06/30/24 (Unfavorable) 06/30/24 <br /> REVENUES <br /> User charges $ 116,014 $ 52,962 $ 55,960 $ 2,998 105.7 % <br /> Other 800 601 723 122 120.3 <br /> Interest earnings 1,400 - - - N/A <br /> TOTAL REVENUES 118,214 53,563 56,683 3,120 105.8 <br /> EXPENSES <br /> Personnel expenses 26,040 7,419 12,157 (4,738) 163.9 <br /> Supplies and materials 1,000 - - - N/A <br /> Other services and charges 101,850 41,647 30,253 11,394 72.6 <br /> Depreciation - - - - N/A <br /> Capital expenses - - - - N/A <br /> TOTAL EXPENSES 128,890 49,066 42,410 6,656 86.4 <br /> Transfers out 3,309 - - - N/A <br /> EXCESS(DEFICIT)REVENUES OVER EXPENSES $ (13,985) $ 4,497 $ 14,273 $ 9,775 317.4% <br /> Street Lighting Fees Comparison <br /> $120 <br /> r $100 <br /> $80 <br /> $60 <br /> $40 <br /> $20 <br /> $- Q1 Q2 Q3 Q4 <br /> -2022 26,742.36 52,822.48 79,232.03 104,182.04 <br /> -2023 26,431.51 52,961.83 79,392.52 105,893.96 <br /> -2024 26,466.76 55,959.57 <br />
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