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CITY OF PEQUOT LAKES 2021 PRELIMINARY BUDGET Page: 18 <br /> Period:08/20 Aug 17,2020 01:58PM <br /> 01/20-08/20 2020 2021 <br /> Current year Current year Preliminary Budget Budget <br /> Account Number Account Title Actual Budget Budget Variance Variance% <br /> HIGHWAY 371 FUND <br /> TAXES <br /> 402-31010-000 CURRENT TAXES 50,707 93,330 93,330 0 .00 <br /> Budget notes: <br /> �2021 DEDICATED TO MAINT FACILITY INTERFUND LOAN PAYBACK$93,330(2018-2029) <br /> Total TAXES: 50,707 93,330 93,330 0 0 <br /> ASSESSM ENTS/PRI NC I PAL/l NTEREST <br /> 402-36210-000 INTEREST EARNINGS 62,318 71,590 111,970 40,380 56.40% <br /> Totai ASSESSMENTS/PRINCIPAUINTEREST: 62,318 71,590 111,970 40,380 56.40% <br /> OTHER FINANCING SOURCES <br /> 402-39101-000 SALE OF ASSETS 0 10,000 0 ( 10,000) -100.00% <br /> Total OTHER FINANCING SOURCES: 0 10,000 0 ( 10,000) -100.00% <br /> HIGHWAY 371 <br /> 402-43101300 PROFESSIONAL SERVICES 3,028 0 1,000 1,000 .00 <br /> 402-431 01-31 3 CONTRACT SERVICES 518 520 600 80 15.38% <br /> Budget notes: <br /> �2021 AUDIT SERVICES <br /> 402-43101-500 CAPITAL OUTLAY 183,404 260,000 0 ( 260,000) -100.00% <br /> 402-43101-720 TRANSFERS 910,104 893,000 0 ( 893,000) -100.00% <br /> Total HIGHWAY 371: 1,097,054 1,153,520 1,600 ( 1,151,920) -99.86% <br /> HIGHWAY 371 FUND Revenue Total: 113,025 174,920 205,300 30,380 17.37% <br /> HIGHWAY 371 FUND Expenditure Total: 1,097,054 1,153,520 1,600 ( 1,151,920) -99.86% <br /> Net Total HIGHWAY 371 FUND: ( 984,029) ( 978,600) 203,700 1,182,300 -120.82% <br />