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CITY OF PEQUOT LAKES <br /> 2019 PRELIMINARY BUDGET SUMMARY <br /> TAX LEVY FUNDS <br /> FUND 2018 BUDGET 2019 BUDGET DIFFERENCE % <br /> TAX LEVY REVENUE <br /> General Revenue Tax Lev $ 1,621,770 $ 1,657,855 $ 36,085 2.23% <br /> Tax Abatement Lev $ 16,015 $ 20,920 $ 4,905 30.63% <br /> TOTAL a 1,637,785 E 1,678,775 E 40,990 2.50°/a <br /> OTHER REVENUE <br /> Other Taxes $ 15,800 $ 13,500 $ 2,300 -14.56% <br /> Licenses and Permits $ 15,710 $ 15,940 $ 230 1.46% <br /> Inter ovemmental Revenues $ 108,835 $ 84,840 $ 23,995 -22.05% <br /> Char es for Services $ 110,170 $ 111,060 $ 890 0.81% <br /> Fines and Forfeits $ 14,000 $ 18,000 $ 4,000 28.57% <br /> Assessments/Princi al/Interest $ 4,623,200 $ 23,050 $ 4,600,150 -99.50% <br /> Other Financin Sources $ 14,400 $ 14,680 $ 280 1.94% <br /> TOTAL $ 4,902,115 $ 281,070 $ 4,621,045 -94.27% <br /> TOTAL REVENUE a 6,539,900 E 1,959,845 a 4,580,055 -70.03% <br /> EXPENDITURES <br /> Council $ 28,070 $ 28,400 $ 330 1.18% <br /> Administration $ 227,140 $ 234,930 $ 7,790 3.43% <br /> Elections $ 3,900 $ - $ 3,900 -100.00% <br /> General Government $ 2,750 $ 2,750 $ - 0.00% <br /> Plannin and Zonin $ 91,510 $ 100,440 $ 8,930 9.76% <br /> E911 Addressin $ 610 $ 610 $ - 0.00% <br /> General Buildin $ 88,030 $ 111,710 $ 23,680 26.90% <br /> Police $ 639,770 $ 670,990 $ 31,220 4.88°/a <br /> Fire Contracts $ 93,600 $ 97,700 $ 4,100 4.38% <br /> Civil Defense $ 1,100 $ 1,000 $ 100 -9.09% <br /> Roads and Streets $ 458,485 $ 460,755 $ 2,270 0.50% <br /> Street Li htin $ 18,700 $ 24,800 $ 6,100 32.62% <br /> Si nal&Si ns $ 6,900 $ 8,700 $ 1,800 26.09% <br /> Park $ 38,210 $ 21,760 $ 16,450 -43.05% <br /> Tax Abatement $ 16,015 $ 20,920 $ 4,905 30.63% <br /> HRA $ 4,090 $ 4,090 $ - 0.00% <br /> Economic Develo ment $ 12,500 $ 21,860 $ 9,360 74.88% <br /> Insurance $ 90,000 $ 85,000 $ 5,000 -5.56% <br /> Rec clin $ 10,000 $ 10,000 $ - 0.00% <br /> G O E ui ment Cert 2014A $ 43,350 $ 40,500 $ 2,850 -6.57% <br /> Hi hwa 371 $ 4,531,630 $ - $ 4,531,630 -100.00% <br /> TOTAL EXPENDITURES S 6,406,360 a 1,946,915 S 4,459,445 -69.61% <br /> TAX RATE 57.140% 57.138% -0.002�o estimated <br /> HRA LEVY <br /> 2018 BUDGET 2019 BUDGET DIFFERENCE % <br /> HRA $ 38,250 $ 38,250 $ - 0.00% <br /> SPECIAL REVENUE&ENTERPRISE FUNDS <br /> FUND 2018 BUDGET 2019 BUDGET DIFFERENCE % <br /> REVENUE <br /> Libra $ 24,400 $ 24,000 $ 400 -1.64% <br /> Cemete $ 750 $ 4,600 $ 3,850 513.33% <br /> Fire $ 217,200 $ 220,200 $ 3,000 1.38% <br /> G O E ui ment Cert 2017A $ 31,500 $ 39,500 $ 8,000 25.40% <br /> Business Park $ 5,000 $ 3,500 $ 1,500 -30.00% <br /> Ca ital Im rovement $ 6,725,000 $ - $ 6,725,000 -100.00% <br /> Water $ 289,890 $ 294,740 $ 4,850 1.67% <br /> Sewer $ 359,910 $ 324,110 $ 35,800 -9.95% <br /> TOTAL REVENUE S 7,653,650 E 910,650 a 6,743,000 -88.10% <br /> EXPENDITURES <br /> Libra $ 21,900 $ 38,100 $ 16,200 73.97% <br /> Cemete $ 850 $ 850 $ - 0.00% <br /> Fire $ 246,740 $ 222,035 $ 24,705 -10.01% <br /> G O E ui ment Cert 2017A $ 31,500 $ 33,870 $ 2,370 7.52% <br /> Business Park $ 1,300 $ 1,000 $ 300 -23.08% <br /> Ca ital Im rovement $ 6,460,000 $ - $ 6,460,000 -100.00% <br /> Water $ 248,300 $ 258,010 $ 9,710 3.91% <br /> Sewer $ 205,770 $ 224,010 $ 18,240 8.86% <br /> TOTAL EXPENDITURES $ 7,216,360 $ 777,875 5 6,438,485 -89.22% <br /> GRAND TOTAL OF CITY REVENUE $ 14,193,550 $ 2,870,495 E(11,323,055) -79.78% <br /> GRAND TOTAL OF CITY EXPENDITURES $ 13,622,720 S 2,724,790 E(10,897,930) -80.00% <br />