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CITY OF PEQUOT LAKES <br />2011 PRELIMINARY BUDGET SUMMARY <br />FOR TAX LEVY FUNDS <br />FUND <br />2010 BUDGET <br />2010 BUDGET <br />DIFFERENCE <br />2011 BUDGET <br />DIFFERENCE <br />% <br />REVENUES <br />$ - 1 <br />0.00% <br />Licenses and Permits <br />$ <br />13,570.00 <br />$ 14,350.00 <br />$ <br />780.00 <br />5.44% <br />Intergovernmental Revenues <br />$ <br />55,470.00 <br />$ <br />59,700.00 <br />$ <br />4,230.00 <br />7.09% <br />Charges for Services <br />$ <br />127,830.00 <br />$ <br />86,050.00 <br />$ <br />41,780.00 <br />- 48.55% <br />Fines and Forfeits <br />$ <br />17,800.00 <br />$ <br />28,200.00 <br />$ <br />10,400.00 <br />36.88% <br />Assessments/Principal/Interest <br />$ <br />18,300.00 <br />$ <br />16,600.00 <br />$ <br />1,700.00 <br />- 10.24% <br />Other Financing Sources <br />$ <br />23,000.00 <br />$ <br />- <br />$ <br />23,000.00 <br />- 100.00% <br />TOTAL <br />$ <br />1,701,970.00 <br />$ <br />1,683,900.00 <br />$ <br />18,070.00 <br />- 1.07% <br />EXPENDITURES <br />Council <br />$ <br />27,880.00 <br />$ <br />26,495.00 <br />$ <br />(1,385.00 ) <br />- 5.23% <br />Clerk <br />$ <br />194,200.00 <br />$ <br />193,820.00 <br />$ <br />380.00 <br />- 0.20% <br />Elections <br />$ <br />12,500.00 <br />$ <br />7,800.00 <br />$ <br />4,700.00 <br />- 60.26% <br />Sales and Use Tax <br />$ <br />800.00 <br />$ <br />500.00 <br />$ <br />300.00 <br />- 60.00% <br />Planning and Zoning <br />$ <br />117,840.00 <br />$ <br />97,180.00 <br />$ <br />20,660.00 <br />- 21.26% <br />E911 Addressing <br />$ <br />500.00 <br />$ <br />500.00 <br />$ <br />- <br />0.00% <br />General Building <br />$ <br />74,450.00 <br />$ <br />66,330.00 <br />$ <br />(8,120.00 1 <br />- 12.24% <br />Police <br />$ <br />549,890.00 <br />$ <br />524,670.00 <br />$ <br />25,220.00 <br />-4.81% <br />Fire Contracts <br />$ <br />80,600.00 <br />$ <br />77,300.00 <br />$ <br />3,300.00 <br />-4.27% <br />Civil Defense <br />$ <br />4,500.00 <br />$ <br />790.00 <br />$ <br />(3,710.00 ) <br />- 469.62% <br />Roads and Streets <br />$ <br />499,450.00 <br />$ <br />479,100.00 <br />$ <br />20,350.00 <br />-4.25% <br />Street Lighting <br />$ <br />14,150.00 <br />$ <br />14,400.00 <br />$ <br />250.00 <br />1.74% <br />Signal & Signs <br />$ <br />6,050.00 <br />$ <br />7,050.00 <br />$ <br />1,000.00 <br />14.18% <br />Park <br />$ <br />19,480.00 <br />$ <br />19,450.00 <br />$ <br />30.00 <br />-0.15% <br />H RA <br />$ <br />1,300.00 <br />$ <br />1,300.00 <br />$ <br />- <br />0.00% <br />Economic Development <br />$ <br />1,180.00 <br />$ <br />- <br />$ <br />(1,180.00 ) <br />- 100.00% <br />Insurance <br />$ <br />59,400.00 <br />$ <br />60,860.00 <br />$ <br />1,460.00 <br />2.40% <br />Recycling <br />$ <br />15,000.00 <br />$ <br />18,000.00 <br />$ <br />3,000.00 <br />16.67% <br />G O Equipment Cert 2010A <br />$ <br />- <br />$ <br />30,555.00 <br />$ <br />30,555.00 <br />100.00% <br />Highway 371 <br />$ <br />22,800.00 <br />$ <br />22,800.00 <br />$ <br />- <br />0.00% <br />TOTAL <br />$ <br />1,701,970.00 <br />$ <br />1,648,900.00 <br />$ <br />53,070.00 <br />- 3.22% <br />TAX RATES <br />General City Tax Rate <br />67.190% <br />69.218% <br />Rural Service Tax Rate <br />33.595% <br />34.609% <br />***PLEASE NOTE: THE 2011 TAX LEVY FUNDS <br />REVENUE BUDGET EXCEEDS THE EXPENDITURES <br />BUDGET BY $35,000 FOR MVHC /LEVY SETTLEMENT SHORTFALLS. <br />2011 BUDGET SUMMARY FOR HRA LEVY <br />2010 BUDGET <br />1 2011 BUDGET <br />DIFFERENCE <br />HRA 1 <br />$ 31,000.00 <br />1 $ 31,000.00 <br />$ - 1 <br />0.00% <br />