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City of Mounds View
<br />Capital Improvement Plan 2022 thru 2026
<br />Impact on Capital Projects Funds' Cash Balances
<br />Fund 451 Fund 460 Fund 480 Fund 485
<br />Park Vehicle and Special Street
<br />Dedication Equipment Projects Improvement Total
<br />Cash balance, Dec. 31, 2023 236,704) 2,565,824 781,167 1,377,293) 1,732,994
<br />Revenues 2024:
<br />Taxes 150,000 150,000
<br />Franchise fees 320,000 320,000
<br />Special assessments 10,000 10,000
<br />Intergovernmental:
<br />State 408,000 408,000
<br />Federal
<br />County
<br />Miscellaneous:
<br />Investment income 2,367) 7,812 5,445
<br />Developer payments
<br />Proceeds from bond sale
<br />Operating transfer in 460,000 75,000 535,000
<br />Total revenue 2,367) 460,000 82,812 888,000 1,428,445
<br />Available Resources 239,071) 3,025,824 863,979 489,293) 3,161,439
<br />Expenditures 2024:
<br />Government buildings & equip 47,250 47,250
<br />Public safety 72,000 72,000
<br />Streets, highways, & utilities 456,186 456,186
<br />Sidewalks & trails
<br />Parks & recreation 50,000 50,000
<br />Operating transfers out 214,000 214,000
<br />Total expenditures 333,250 50,000 456,186 839,436
<br />Surplus of revenues
<br />over (under) expenditures 2,367) 126,750 32,812 431,814 589,009
<br />Cash balance, Dec. 31, 2024: 239,071) $ 2,692,574 813,979 945,479) 2,322,003
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