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2024
<br />2021 2022 2023 ORIGINAL BUDGET
<br />ACTUAL ACTUAL ACTUAL BUDGET 2025
<br />Property Taxes 149,942 146,292 150,000 150,000 300,000
<br />Franchise Tax 335,107 425,517 405,971 385,000 360,000
<br />Special Assessments 21,007 16,742 19,039 11,000 15,880
<br />State Aid 408,790 459,169 446,023 460,000 507,350
<br />Investment earnings (14,196) (96,343) 100,377 5,000 -
<br />Other - 2,185 3,414 - -
<br />Total revenues 900,651 953,562 1,124,824 1,011,000 1,183,230
<br />Expenditures:
<br />Materials & Supplies - 9,703 1,226 - -
<br />Engineering 162,295 4,862 - -
<br />Projects 380,702 2,113,342 2,371,196 1,279,856 2,394,588
<br />Total expenditures 542,997 2,127,907 2,372,422 1,279,856 2,394,588
<br />Excess (deficit) of revenue
<br /> over expenditures 357,654 (1,174,345) (1,247,598) (268,856) (1,211,358)
<br />Other financing sources (uses):
<br />Transfers in (out)
<br />General Fund - - 1,500,000 350,000 -
<br />Net increase (decrease) in fund balance 357,654 (1,174,345) 252,402 81,144 (1,211,358)
<br />Fund balance - January 1 1,850,913 2,208,567 1,034,222 1,286,624 1,367,768
<br />Fund balance - December 31 2,208,567 1,034,222 1,286,624 1,367,768 156,410
<br />CITY OF MOUNDS VIEW
<br />Street Improvement Fund (485)
<br />STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE
<br />93
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