|
CITY OF PEQUOT LAKES
<br /> 2021 PRELIMINARY BUDGET SUMMARY
<br /> TAX LEVY FUNDS
<br /> FUND 2020 BUDGET 2021 BUDGET DIFFERENCE %
<br /> TAX LEVY REVENUE
<br /> General Revenue Tax Lev $ 1,789,860 $ 1,945,835 $ 155,975 8.71%
<br /> Tax Abatement Le $ 18,693 $ 18,080 $ 613 -3.28%
<br /> TOTAL S 1,808,553 5 1 963 915 S 155 362 8.59%
<br /> OTHER REVENUE
<br /> OtherTaxes $ 15,030 $ 12,210 $ 2,820 -18.76%
<br /> Franchise Fees $ 11,000 $ 19,410 $ 8,410 76.45%
<br /> Licenses and Permits $ 15,870 $ 15,705 $ 165 -1.04%
<br /> Inte ovemmental Revenues $ 110,300 $ 110,350 $ 50 0.05%
<br /> Cha es for Services $ 116,570 $ 120,690 $ 4,120 3.53%
<br /> Fines and Forfeits $ 18,000 $ 18,000 $ - 0.00%
<br /> Assessments/Princi al/Interest $ 303,210 $ 369,430 $ 66,220 21.84%
<br /> Other Financin Sources $ 3,235,680 $ 3,310,840 $ 75,160 2.32%
<br /> TOTAL $ 3,825,660 $ 3,976,635 $ 150,975 3.95%
<br /> TOTAL REVENUE S 5,634,213 S 5,940 550 S 306 337 5.44%
<br /> EXPENDITURES
<br /> Council $ 28,780 $ 29,130 $ 350 1.22%
<br /> Administration $ 247,310 $ 257,520 $ 10,210 4.13%
<br /> Elections $ 3,900 $ - $ 3,900 0.00%
<br /> General Govemment $ 2,300 $ . 1,750 $ 550 -23.91%
<br /> Plannin and Zonin $ 101,380 $ 105,735 $ 4,355 4.30%
<br /> E971 Addressin $ 800 $ 810 $ 10 1.25%
<br /> General Buildin $ 140,030 $ 127,660 $ 12,370 -8.83%
<br /> PoliCe $ 728,040 $ 742,825 $ 14,785 2.03%
<br /> Fire Contracts $ 101,800 $ 107,000 $ 5,200 5.11%
<br /> Civil Defense $ 1,610 $ 1,630 $ 20 1.24%
<br /> Roads and Streets $ 455,930 $ 544,230 $ 88,300 19.37%
<br /> Street Li htin $ 18,800 $ 19,000 $ 200 1.06%
<br /> Si nal&Si ns $ 7,000 $ 7,200 $ 200 2.86%
<br /> Park $ 36,530 $ 25,280 $ 11,250 -30.80%
<br /> Tax Abatement $ 18,693 $ 18,080 $ 613 -3.28%
<br /> HRA $ 4,590 $ 5,090 $ 500 10.89%
<br /> Economic Develo ment $ 21,700 $ 21,300 $ 400 -1.84%
<br /> Insurance $ 97,000 $ 110,000 $ 13,000 13.40%
<br /> G O E ui ment Cert 2014A $ 350 $ - $ 350 -100.00%
<br /> G O Utili Bond 2020A $ - $ 82,110 $ 82,110 0.00%
<br /> Hi hvva 371 $ 1,153,520 $ 1,600 $ 1,151,920 -99.86%
<br /> Ca ital Im rovement $ 3,400,000 $ 3,437,750 $ 37,750 1.11%
<br /> TOTAL EXPENDITURES S 6,570,063 S 5,645,700 S 924,363 -14.07°k
<br /> TAX RATE 55.956% 57.790% 1.834% Estimeted
<br /> HRA LEVY
<br /> 2020 BUDGET 2021 BUDGET DIFFERENCE %
<br /> HRA $ 38,250 $ 46,247 $ 7,997 20.91%
<br /> SPECIAL REVENUE 8 ENTERPRISE FUNDS
<br /> FUND 2020 BUDGET 2021 BUDGET DIFFERENCE %
<br /> REVENUE
<br /> Libra $ 10,730 $ 23,775 $ 13,045 121.58%
<br /> Park Dedication $ - $ 1,300 $ 1,300 0.00%
<br /> Cemete $ 3,120 $ 3,980 $ 860 27.56%
<br /> Fire $ 225,190 $ 229,000 $ 3,810 1.69%
<br /> G O E ui ment Cert 2017A $ 40,000 $ 40,440 $ 440 1.10%
<br /> Business Park $ 4,930 $ 8,500 $ 3,570 72.41%
<br /> Water $ 301,180 $ 314,105 $ 12,925 4.29%
<br /> Sewer $ 328,390 $ 334,135 $ 5,745 1.75%
<br /> TOTAL REVENUE S 913,540 S 955 235 S 41,695 4.56%
<br /> EXPENDITURES
<br /> Libra $ 62,660 $ 32,225 $ 30,435 -48.57%
<br /> Park Dedication $ - $ 30,900 $ 30,900 0.00%
<br /> Cemete $ 870 $ 850 $ 20 -2.30%
<br /> Fire $ 226,510 $ 229,680 $ 3,170 1.40°k
<br /> G O E ui ment Cert 2017A $ 33,870 $ 33,840 $ 30 -0.09%
<br /> Business Park $ 1,150 $ 2,000 $ 850 73.91%
<br /> Water $ 243,410 $ 267,555 $ 24,145 9.92%
<br /> Sewer $ 158,910 $ 298,830 $ 139,920 88.05%
<br /> TOTAL EXPENDITURES S 727,380 S 895 880 S 168,500 23.17%
<br /> GRAND TOTAL OF CITY REVENUE S 6,547,753 S 6,895,785 a 348,032 5.32%
<br /> GRAND TOTAL OF CITY EXPENDITURES S 7,297,443 S 6,541,580 E (755,863) -70.36%
<br />
|