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CC PACKET 05282019
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CC PACKET 05282019
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5/24/2019 11:00:04 AM
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5/24/2019 10:58:37 AM
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2018 budget $7,200,728 <br />Less: <br /> Services to other cities and Fire Relef state aid (870,914) <br />Net 2018 budget 6,329,814 <br />Minimum balance (30-35%)30% <br />City minimum working capital fund balance $1,898,944 <br />Est. Unassigned amount available at 12/31/18 $2,389,810 <br />Actual percent of net budget 37.75%* <br />*2017 = 37.13% <br />12/31/2018 Fund Balance Estimate <br />Includes an anticipated gain of $116,000 on General Fund operations for 2018 <br />Core Accounting Functions <br />FINANCE DIRECTOR <br />• Insurance <br />• Annual Fiscal Year Budgets <br />• 2019 Tax Levy Established <br />in 2018 <br />• Minimum Fund Balance <br />policy updated in 2018 <br />Core Accounting Functions <br />FINANCE DIRECTOR <br />• Grants Administration <br />• Cumulative grants revenues since 1998 -$32,102,084 <br />$0 <br />$5,000,000 <br />$10,000,000 <br />$15,000,000 <br />$20,000,000 <br />$25,000,000 <br />$30,000,000 <br />$35,000,000 <br />1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 <br />Grants That Save the Taxpayers Money <br />1998-2018 <br />89
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