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City's Adopted General Fund Budgets <br /> 1995 1994 <br /> Revenues: <br /> Property Taxes and Homestead Credit $1,445,193 $1,330,173 <br /> Licenses and Permits 50,930 48,200 <br /> Intergovernmental Revenue 989,097(a) 681,277 <br /> Charges for Services 105,000 100,000 <br /> Miscellaneous 57,150 58,950 <br /> Transfers 165.000 165.000 <br /> .6 <br /> ` . Total Revenues $2,812,370 $2,383,600 <br /> Expenditures: <br /> General Government $ 837,975 $ 635,300 <br /> Police 1,141,945(6) 844,400 <br /> Fire 414,150 398,500 <br /> Public Works 365,000 453,200 <br /> Parks 53.300 52.200 <br /> Total Expenditures $2,812,370 $2,383,600 <br /> (a) Includes revenues from Lauderdale/Falcon Heights police contracts. <br /> (b) Includes Lauderdale/Falcon Heights Police contract expenses. <br /> Employee Pensions <br /> All full-time and certain part-time employees of the City of St. Anthony are covered by defined <br /> benefit pension plans administered by the Public Employees Retirement Association of <br /> Minnesota (PERA). The PERA administers the Public Employees Retirement Fund (PERF) and <br /> the Public Employees Police and Fire Fund (PEPFF) which are cost-sharing multiple-employer <br /> public employee retirement plans. PERF members belong to either the Coordinated Plan or the <br /> Basic Plan. Coordinated members are covered by Social Security and Basic members are not. <br /> All new members must participate in the Coordinated Plan. All police officers, fire fighters and <br /> peace officers who qualify for membership by statute are covered by the PEPFF. The City's <br /> contribution for employees covered by PERA for the year ended December 31, 1994 was <br /> $150,568, as compared to a contribution of$147,050 in 1993. <br /> The St. Anthony Firefighters Relief Association is the administrator of a single employer <br /> retirement system established to provide pension and other benefits to its membership in <br /> accordance with Minnesota Statutes. The Association maintains a separate Special Fund to <br /> accumulate assets to fund the retirement benefits earned by its membership. Funding of the <br /> Association is derived primarily from an insurance premium tax in accordance with the <br /> Volunteer Firefighter's Relief Association Financing Guidelines Act of 1971. <br /> - 15 - <br />