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03.03 - Financial Statement
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03.03 - Financial Statement
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CITY OI( =QUOT LAKES Interim Financial Rep( • Monthly Comparison ( 26/2006 <br /> Budget Actual Variance Budget Actual Variance <br /> Wages $100.00 $0.00 ($100.00) $1,200.00 $360.00 $840.00 <br /> Emp. Share-Health/Life In $0.00 $1,468.18 $1,468.18 $0.00 $6,942.00 ($6,942.00) <br /> City Share-FICA Contrib. $6.25 $0.00 ($6.25) $75.00 $22.32 $52.68 <br /> City Share-MED. Contrib. $1.50 $0.00 ($1.50) $18.00 $5.22 $12.78 <br /> Insurance $0.00 $77.84 $77.84 $0.00 $1,871.09 ($1,871.09) <br /> Industrial Park <br /> Debt Service-Principal $1,500.00 $0.00 ($1,500.00) $18,000.00 $18,000.00 $0.00 <br /> Sales& Use Tax <br /> Sales& Use Tax $58.33 $0.00 ($58.33) $700.00 $425.00 $275.00 <br /> Insurance <br /> Insurance $2,916.67 $1,392.16 ($1,524.51) $35,000.00 $30,837.94 $4,162.06 <br /> Recycling <br /> Publishing $41.67 $0.00 ($41.67) $500.00 $0.00 $500.00 <br /> Garbage $816.67 $819.00 $2.33 $9,800.00 $3,895.00 $5,905.00 <br /> Total Disbursements $125,268.75 $103,815.31 $21,453.44 $1,503,225.00 $487,230.99 $1,015,994.01 <br /> Other Financing Uses: <br /> Purchase of Investments $0.00 $0.00 <br /> Transfers to other Funds $0.00 $0.00 <br /> Beginning Cash Balance $516,377.72 <br /> Cash Balance as of 05/26/2006 $179,998.28 <br /> Page 5 <br />
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