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Agenda Packets - 2024/10/28
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Agenda Packets - 2024/10/28
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Last modified
1/28/2025 4:50:47 PM
Creation date
10/29/2024 9:29:50 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/28/2024
Supplemental fields
City Council Document Type
Packets
Date
10/28/2024
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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 NINE MONTHS ENDED SEPTEMBER 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 09/30/23 09/30/24 (Unfavorable) 09/30/24 <br /> REVENUES <br /> User charges $ 116,014 $ 79,393 $ 85,252 $ 5,860 107.4% <br /> Other 800 1,149 1,178 29 102.5 <br /> Interest earnings 1,400 - - - N/A <br /> TOTAL REVENUES 118,214 80,542 86,430 5,888 107.3 <br /> EXPENSES <br /> Personnel expenses 26,040 11,259 18,270 (7,011) 162.3 <br /> Supplies and materials 1,000 - - - N/A <br /> Other services and charges 101,850 65,021 55,777 9,245 85.8 <br /> Depreciation - - - - N/A <br /> Capital expenses - - - - N/A <br /> TOTAL EXPENSES 128,890 76,280 74,047 2,233 97.1 <br /> Transfers out 3,309 - - - N/A <br /> EXCESS(DEFICIT)REVENUES OVER EXPENSES $ (13,985) $ 4,262 $ 12,384 $ 8,122 290.6 % <br /> Street Lighting Fees Comparison <br /> N $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 /> -20231 26,431.51 52,961.83 79,392.52 105,893.96 <br /> -2024 26,466.76 55,959.57 85,252.33 <br />
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