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03.03 Financial Statement
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03.03 Financial Statement
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7/31/2020 9:49:14 AM
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CITY OF PEQUOT LAKES <br /> SUMMARY REVENUES/EXPENDITURES COMPARED TO BUDGET <br /> FOR THE 6 MONTHS ENDING JUNE 30,2020 <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 3,452 11,560 200,000 188,440 6% <br /> OTHER FINANCING SOURCES 0 3,008,104 3,200,000 191,896 94% <br /> TOTAL FUND REVENUE 3,452 3,019,664 3,450,000 430,336 88% <br /> EXPENDITURES <br /> GENERAL GOVERNMENT 0 550 0 ( 550) % <br /> PUBLIC WORKS FACILITY 0 34,208 0 ( 34,208) % <br /> RASMUSSEN/S WASH/1ST/SLUETfE 86,949 1,777,512 3,200,000 1,422,488 56% <br /> TRAILSIDE PARK PROJECT 1,985 26,863 200,000 173,137 13% <br /> TOTAL FUND EXPENDITURES 88,934 1,839,133 3,400,000 1,560,867 54% <br /> NET REVENUE OVER EXPENDITURES ( 85,482) 1,180,531 50,000 ( 1,130,531) <br /> CASH 1,070,867 <br /> FOR ADMINISTRATION USE ONLY 50%OF THE FISCAL YEAR HAS ELAPSED 07/30/2020 10:26AM PAGE: 13 <br />
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