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CITY OF PEQUOT LAKES <br /> SUMMARY REVENUES/EXPENDITURES COMPARED TO BUDGET <br /> FOR THE 5 MONTHS ENDING MAY 31,2020 <br /> FUND 403 - CAPITAL IMPROVEMENT FUND <br /> MONTH YTD ANNUAL %OF <br /> ACTUAL ACTUAL BUDGET VARIANCE BUDGET <br /> REVENUE <br /> TAXES 0 0 50,000 50,000 % <br /> ASSESSMENTS/PRINCIPAUINTERES 4,902 8,108 200,000 191,892 4% <br /> OTHER FINANCING SOURCES 0 3,008,104 3,200,000 191,896 94% <br /> TOTAL FUND REVENUE 4,902 3,016,212 3,450,000 433,788 87% <br /> EXPENDITURES <br /> GENERAL GOVERNMENT 0 550 0 ( 550) % <br /> PUBLIC WORKS FACILITY 17,104 34,208 0 ( 34,208) % <br /> RASMUSSEN/S WASH/1ST/SLUETTE 1,079,435 1,690,563 3,200,000 1,509,437 53% <br /> TRAILSIDE PARK PROJECT 1,853 24,878 200,000 175,122 12% <br /> TOTAL FUND EXPENDITURES 1,098,391 1,750,199 3,400,000 1,649,801 51% <br /> NET REVENUE OVER EXPENDITURES ( 1,093,490) 1,266,013 50,000 ( 1,216,013) <br /> CASH 2,100,228 <br /> FOR ADMINISTRATION USE ONLY 42%OF THE FISCAL YEAR HAS ELAPSED 07/01/2020 09:35AM PAGE: 13 <br />