1202428 Public Notice - City of Alexandria Summary Budget Statement

Public Notice

Publish January 21, 2011

SUMMARY BUDGET STATEMENT

The purpose of this report is to provide summary 2011 budget information concerning the City of Alexandria to interested citizens. The budget is published in accordance with Minn. Stat. Sec 471.6965. This is not the complete budget; the complete budget may be examined at the office of the City Clerk at 704 Broadway. The City Council approved this budget on December 13, 2010.

2010 AND 2011 BUDGETED GOVERNMENTAL FUNDS

2010 Original 2010 Amended 2011 Budget

Budget Budget

REVENUES

1. Property Taxes $4,930,299 $4,713,042 $5,343,106

2. Tax Increments 45,000 45,000 45,000

3. All Other Taxes (franchise tax,

hotel/motel taxes, etc.) 600,000 600,000 475,000

4. Special Assessments 0 0 0

5. Licenses and Permits 380,225 387,225 382,080

6. Federal Grants 10,000 10,000 10,000

7. State General Purpose Aid

(e.g. LGA, HACA, etc.) 1,212,962 1,204,947 1,644,729

8. State Categorical Aid

(e.g. state aid for streets, etc.) 896,627 907,627 858,078

9. Grants from County and

Other Local Governments 0 0 0

10. Charges for Services 896,627 907,627 858,078

11. Fines and Forfeits 135,000 145,000 137,000

12. Interest on Investments 49,000 49,000 25,000

13. Miscellaneous Revenues 772,100 772,100 769,300

Total Revenues 9,228,413 9,041,141 9,900,998

14. Proceeds from Bond Sales 0 0 0

15. Other Financing Sources 0 0 0

16. Transfers from Other Funds

(incl. Enterprise Funds) 400,000 400,000 400,000

Total Revenues & Other

Financing Sources 9,628,413 9,441,141 10,300,998

EXPENDITURES

Current Expenditures

1. General Government

(council, administration, etc.) 1,839,785 1,788,990 1,966,435

2. Public Safety 3,115,155 3,082,587 3,175,872

3. Streets and Highways 1,455,655 1,398,063 1,484,985

4. Sanitation 22,860 22,860 16,510

5. Human Services 45,000 45,000 45,500

6. Health 0 0 0

7. Culture and Recreation 1,281,155 1,234,838 1,334,455

8. Conservation of Natural Resources 0 0 0

9. Economic Development 0 0 40,000

10. Miscellaneous Current Expenditures 116,460 116,460 132,760

Total Current Expenditures 7,876,070 7,688,798 8,196,517

11. Debt Service – Principal 960,870 960,870 980,710

12. Debt Service – Interest and

Fiscal Charges 397,629 397,629 383,771

13. Streets and Highways Construction 0 0 0

14. Capital Outlay 393,844 393,844 740,000

15 Other Financing Uses 0 0 0

16. Transfers to Other Funds

(incl. Enterprise Funds) 0 0 0

Total Expenditures and Other

Financing Uses $9,628,413 $9,441,141 $10,300,998

CITY OF ALEXANDRIA

ENTERPRISE FUNDS 2011 BUDGET

TOTAL 2010 TOTAL 2009

NAME OF FUND WATER LIQUOR ELECTRIC BUDGET BUDGET

REVENUES

Operating Revenues $1,907,857 $5,279,720 $21,826,732 $29,014,309 $29,270,118

EXPENSES

Operating Expenses 938,694 4,832,023 19,289,128 25,059,845 25,519,125

Depreciation 660,380 42,000 1,002,000 1,704,380 1,717,000

OPERATING INCOME 308,783 405,697 1,535,604 2,250,084 2,033,993

NON-OPERATING

INCOME (EXPENSE) (89,443) 0 (43,906) (133,349) (33,043)

NET INCOME (LOSS)

BEFORE OPERATING

TRANSFER 219,340 405,697 1,491,698 2,116,735 2,000,950

OPERATING TRANSFER

IN (OUT) (43,520) (400,000) (697,139) (1,140,659) (1,151,480)

NET INCOME

(LOSS) 175,820 5,697 794,559 976,076 849,470

1202428

Tags: legals, alexandria, budget