2019.09.05 CC Packet - Midyear Budget Workshop

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CITY OF HUGO 2020 GENERAL FUND REVENUE BUDGET LINE ACCOUNT NO. DESCRIPTION -_I 71 Assessment Searches 72 Recreation Program Fees 73 Charges For Services 74 Court Fines 75 Liquor License Violations 76 Fines and Forfeits 77 Investment Earnings: 78 Interest Earnings 79 Change in Value of Investments 80 Oneka Room & Rice Lake Centre Rent 81 Hanifi Park Shelter Rent 82 - Unrefunded Damage Deposits 83 Fire Department Room Rent 84 Park Shelter Permits 85 Donations 86 Sale of Scrap Metal 87 Miscellaneous Revenues 2019 2019 2020 NOTES TO LINE ITEMS _ BUDGETED PROJECTED BUDGETED L117 -! f J $ 330 $ 30 $ 30 1 @ $30 $ 16,000 $ 16,000 $ 20,750 Facility use and program charges $ 98,050 $ 112,923 $ 112,110 $ 36,115 $ 35,470 $ 35,470 6-year average $ $ - $ - Lets hope this is zero $ 36,115 $ 35,470 $ 35,470 88 General Fund Revenues Prior to Transfers 89 Transfers In 90 Other Financing Sources 91 General Fund Revenues (Total) $ 17,400 $ 65,506 $ 17,400 Fixed rate investments only - low returns $ - $ 13,854 $ - Depends on movement in interest rates $ 6,500 $ 9,495 $ 9,000 90 bookings @ $100 $ 1,900 $ 2,500 $ 2,500 25 bookings @ $100 $ - $ 500 $ Weddin; party run amok $ 100 $ 100 $ 100 1 booking @ $100 $ 75 $ 100 $ 75 15 bookings @ $5 $ - $ 1,700 $ - Donation for fire equipment $ - $ 382 $ - Not a steady source of revenue $ 25,975 $ 94,137 $ 29,075 $ 6,166,931 I $ 6,375,429 1 $ 6,426,757 1 $ 6,166,931 I $ 6,375,429 $ 6,426,757 Page 2