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1 <br />General Fund Revenues-continued <br />♦ Court Fines were approximately $10,000 more than budgeted. In addition, the city <br />recognized higher than expected interest earnings due to the timing of investments, and a <br />strong economy. <br />Miscellaneous Revenues also exceeded budget projections. The city received a refund on <br />its property/casualty insurance premium which was $12,000 higher than the budgeted <br />forecast. The city also received $2,250 in DWI forfeiture funds, and a grant in the amount <br />of $2,340, to implement safety measures. Neither of these monies were budgeted for. <br />These factors offset a $6,000 and $6,500 shortfall in property tax collections, and emticipated <br />licensing revenues respectively. In addition, the final contract for Pclice Services was approximately <br />$13,000 lower than projected in the budget. <br />General Fund Expenditures <br />A. Operating Expenditures <br />The 1996 adopted budgeted expenditures in the General Fund were $3,347,755. The budget was <br />amended at various times throughout the year. A summary of those budget amendments will be <br />presented at the first Council Meeting in April. The preliminary actual operating expenditures <br />realized are $3,249,989. A few areas within individual departments exceeded their budget. Those <br />areas that exceeded the departmental budget by more than $500 and 5% of the total, are noted below. <br />Personal Services expenditures in the Administration and Finance departments have <br />exceeded their adopted budgets, as a result of position reclassification, and mid-year salary <br />adjustments. An amount of $10,000 was set aside in the Contingency area for this purpose. <br />A budget reallocation of approximately $5,000 from Contingency to the Administration and <br />Finance Depaitments will be recommended. <br />The budget allocated for Professional Services within the Central Services Department <br />exceeded its budget as a result of the continuation of the licensing and permitting software <br />through LOGIS. This resulted in expenditures of $5,935 over the anticipated budget. No <br />budget am.endments will be necessary. Significant savings were realized in other areas <br />within the Central Services Department which offset the additional Professional Services <br />costs.