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2025.09.15 Midyear Budget Workshop Packet
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2025.09.15 Midyear Budget Workshop Packet
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11/3/2025 1:51:50 PM
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City Council
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CITY OF HUGO <br />2026 GENERAL FUND EXPENSE BUDGET <br />LINE ACCOUNT 2024 2025 2026 NOTES TO LINE ITEMS <br />NO. DESCRIPTION BUDGETED BUDGETED BUDGETED <br />638 Kidz'N Biz Fest 1,000$ 1,000$ 1,000$ On-going contribution <br />639 Contributions 41,927$ 41,624$ 42,474$ <br />640 Newsletter Postage 3,550$ 4,000$ 4,550$ 2 newsletters per year <br />641 Newsletter Printing 9,815$ 11,025$ 11,550$ 2 newsletters per year <br />642 Miscellaneous 7,750$ 8,250$ 8,750$ Something always comes up <br />643 Group Disability Insurance 17,125$ 19,845$ 11,500$ Short and long term coverage - 2026 LTD only <br />644 - Mandated Minnesota Paid Leave Program -$ -$ 17,472$ Premiums to start in 2026 (mandated employer share 0.44% of 0.88%) <br />645 Group Vision Insurance -$ -$ 6,000$ Small group vision premiums <br />646 Truth in Taxation Costs 3,500$ 3,500$ 3,500$ Charged by Washington County (new requirements in 2023) <br />647 Assessment Collection Fees 1,200$ 1,400$ 1,600$ Charged by Washington County (1/3) <br />648 Miscellaneous Unallocated 42,940$ 48,020$ 64,922$ <br />649 Total Unallocated Expenses 243,122$ 272,547$ 291,989$ <br />650 General Fund Expenses (Subtotal) 9,695,992$ 10,119,290$ 10,847,452$ <br />651 Transfer to Reserves 200,000$ -$ -$ Flat Tax Rate Stabilization <br />652 Transfers Out -$ -$ -$ Transfers Out <br />653 Other Financing Uses 200,000$ -$ -$ <br />654 General Fund Expenses (Total) 9,895,992$ 10,119,290$ 10,847,452$ <br />Page 10
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