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3.3 - Financial Report
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02-29-2016 Council Meeting
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3.3 - Financial Report
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2/25/2016 8:26:17 AM
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CITY OF PEQUOT LAKES <br /> SUMMARY REVENUES/EXPENDITURES COMPARED TO BUDGET <br /> FOR THE 1 MONTHS ENDING JANUARY 31,2016 <br /> FUND 401 - BUSINESS PARK <br /> MONTH YTD ANNUAL %OF <br /> ACTUAL ACTUAL BUDGET VARIANCE BUDGET <br /> REVENUE <br /> ASSESSMENTS/PRINCIPAUINTERES 2,787 2,787 3,000 213 93% <br /> OTHER FINANCING SOURCES 921 921 11,000 10,079 8% <br /> TOTAL FUND REVENUE 3,708 3,708 14,000 10,292 26% <br /> EXPENDITURES <br /> BUSINESS PARK 72 72 294,500 294,428 % <br /> TOTAL FUND EXPENDITURES 72 72 294,500 294,428 % <br /> NET REVENUE OVER EXPENDITURES 3,636 3,636 ( 280,500) ( 284,136) <br /> CASH 375,020 <br /> FOR ADMINISTRATION USE ONLY 8%OF THE FISCAL YEAR HAS ELAPSED 02/24/2016 01:54PM PAGE: 11 <br />
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