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CITY OF PEQUOT LAKES 2021 PRELIMINARY BUDGET Page: 19 <br />Period:08/20 Aug 27,2020 06:26PM <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 />CAPITAL IMPROVEMENT FUND <br />TAXES <br />403-31010-000 CURRENT TAXES 25,000 50,000 0 ( 50,000) -100.00% <br />Total TAXES: 25,000 50,000 0 ( 50,000) -100.00% <br />ASSESSM ENTS/PRI NCIPAUI NTEREST <br />403-36210-000 INTEREST EARNINGS 11,560 0 5,000 5,000 00 <br />403-36230-000 DONATIONS 0 200,000 216,300 16,300 8.15% <br />Budget notes: <br />2021 SPLASHPAD$185,400,TRAILSIDE PARK PARKING LOT IMPROVEMENTS$30,900 <br />TotaIASSESSMENTS/PRINCIPAL/INTEREST: 11,560 200,000 221,300 21,300 10.65% <br />OTHER FINANCING SOURCES <br />403-39204-000 TRANSFERS FROM OTHER FUNDS 910,104 893,000 0 ( 893,000) -100.00% <br />403-39302-000 G O EQUIPMENT CERT PROCEEDS 0 0 221,450 221,450 00 <br />403-39310-000 G O BOND PROCEEDS 2,098,000 2,307,000 3,000,000 693,000 30.04% <br />Budget notes: <br />2021 AKERSON/NELSON/WILD ACRES ROADS <br />Total OTHER FINANCING SOURCES: 3,008,104 3,200,000 3,221,450 21,450 0.67°/a <br />GENERAL GOVERNMENT <br />403-41900-300 PROFESSIONAL SERVICES 564 0 0 0 00 <br />Total GENERAL GOVERNMENT: 564 0 0 0 00 <br />AKERSON/NELSONNVILD ACRES <br />403-43104-500 CAPITAL OUTLAY 0 0 3,000,000 3,000,000 00 <br />Budget notes: <br />2021 AKERSON/NE SON/WILDACRES ROADS <br />Total AKERSON/NELSON/WILD ACRES: 0 0 3,000,000 3,000,000 00 <br />PUBLIC WORKS FACILITY <br />403-43106-500 CAP TAL OUTLAY 68,662 0 0 0 00 <br />Total PUBLIC WORKS FACILITY: 68,662 0 0 0 00 <br />RASMUSSEN/S WASH/1ST/SLUETTER <br />403-43107-303 ENGINEERING FEES 0 0 0 0 00 <br />403-43107-304 LEGAL FEES 181 0 0 0 00 <br />403-43107-500 CAPITAL OUTLAY 2,616,964 3,200,000 0 ( 3,200,000) -100.00% <br />403-43107-610 DEBT SERVICE-INTEREST 17,610 0 0 0 00 <br />403-43107-620 FISCAL AGENT FEES 20,980 0 0 0 00 <br />Total RASMUSSEN/S WASH/1ST/SLUETTER: 2,655,735 3,200,000 0 ( 3,200,000) -100.00% <br />DUMP/SNOWPLOW TRUCK <br />403-43126-500 CAPITALOUTLAY 0 0 221,450 221,450 00 <br />Budget notes: <br />2021 DUMP/SNOWPLOW TRUCK