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CITY OF PEQUOT LAKES 2020 PRELIMINARY BUDGET Page: 20 <br /> Period:09/19 Sep 09,2019 12:14PM <br /> 01/19-09/19 2019 2020 <br /> Current year Current year Preliminary Budget Budget <br /> Account Number Account Title Actual Budget Budget Variance Variance% <br /> WATER FUND <br /> INTERGOVERNMENTAL REVENUES <br /> 601-33401-000 PERAAID 18 0 0 0 00 <br /> 601-33422-000 STATE GRANTS 5,150 0 0 0 .00 <br /> Total INTERGOVERNMENTAL REVENUES: 5,168 0 0 0 0 <br /> ASSESSMENTS/PRI NCIPAL/INTEREST <br /> 601-36101-000 SPECIALASSESSMENTS 182 0 0 0 .00 <br /> 601-36210-000 INTEREST EARNINGS 12,949 7,000 11,810 4,810 68.71% <br /> TotaIASSESSMENTS/PRINCIPAL/INTEREST: 13,131 7,000 11,810 4,810 68.71% <br /> WATER SALES <br /> 601-37110-000 WATER SALES 186,885 261,270 267,350 6,080 2.33% <br /> 601-37171-000 STATE SALES TAX COLLECTED 4,109 5,000 5,000 0 .00 <br /> 601-37172-000 WATER METER FEES 10,277 14,120 14,420 300 2.12% <br /> Total WATER SALES: 201,270 280,390 286,770 6,380 2.28% <br /> OTHER FINANCING SOURCES <br /> 601-39101-000 SALE OF ASSETS 4,869 2,000 0 ( 2,000) -100.00% <br /> 601-39990-000 REFUNDS&REIMBURSEMENTS 2,519 2,600 2,600 0 .00 <br /> Budget notes� <br /> -2020 P&C DIVIDEND$100,STATE TEST FEES$2,500 <br /> Total OTHER FINANCING SOURCES. 7,387 4,600 2,600 ( 2,000) -43.48% <br /> TRANSFERS TO OTHER FUNDS <br /> 601-49350-720 TRANSFERS 0 20,700 0 ( 20,700) -100 00% <br /> Total TRANSFERS TO OTHER FUNDS� 0 20,700 0 ( 20,700) -100.00% <br /> WATER <br /> 601-49400-100 WAGES 11,182 18,290 19,200 910 4.98% <br /> Budget notes: <br /> �2020 ALLOCATIONS= 12%FOR PUBLIC WORKS DIRECTOR,5%FOR CITY CLERK,25%FOR ADMIN ASST <br /> 601-49400-121 EMPLOYER SHARE-PERA 885 1,380 1,440 60 4.35% <br /> 601-49400-122 EMPLOYER SHARE-FICA 660 1,140 1,200 60 5.26°/a <br /> 601-49400-125 EMPLOYER SHARE-MEDICARE 167 270 280 10 3.70% <br /> 601-49400-131 EMPLOYER SHARE-HEALTH INSURA 1,803 3,010 3,350 340 11.30% <br /> 601-49400-133 EMPLOYER SHARE-LIFE INSURANC 13 30 30 0 00 <br /> 601-49400-200 OFFICE SUPPLIES 377 500 850 350 70.00% <br /> Budget notes: <br /> -2020 MISC$500,COMPUTER FOR ADMIN ASST$350(25%) <br /> 601-49400-210 OPERATING SUPPLIES 6,445 13,000 15,000 2,000 15 38% <br /> Budget notes: <br /> �2020 WATER EQUIP,REPAIR PARTS,CHEMICALS <br /> 601-49400-300 PROFESSIONAL SERVICES 666 1,500 1,000 ( 500) -33.33% <br /> Budget notes: <br /> -2020 ASSET PORTFOLIO BANK FEES <br /> 601-49400-303 ENGINEERING FEES 0 5,000 5,000 0 .00 <br /> 601-49400-308 TRAVEUCONFERENCES/SCHOOLS 415 200 500 300 150.00% <br /> 601-49400-310 SALES&USE TAX 2,079 5,000 5,000 0 00 <br /> 601-49400-313 CONTRACT SERVICES 21,841 35,930 47,870 11,940 33.23% <br /> Budget notes: <br />