| GENERAL FUND | ||||||||
| Statement of Revenues, Expenses and Changes in Fund Balance | ||||||||
| 2016 | 2017 | 2017 | 2018 | |||||
| ACTUAL | BUDGET | PROJECTED | BUDGET | |||||
| REVENUES: | ||||||||
| Taxes | $8,043,254 | $9,427,917 | $9,705,200 | $9,487,700 | ||||
| Licenses & Permits | 422,851 | 178,698 | 269,679 | 181,000 | ||||
| Intergovernmental Revenues | 544,355 | 731,559 | 458,638 | 458,700 | ||||
| Charges for Services | 944,536 | 1,033,824 | 1,101,280 | 1,122,500 | ||||
| Fines & Forfeitures | 29,109 | 32,524 | 24,350 | 28,500 | ||||
| Miscellaneous Revenues | 2,156,869 | 773,332 | 420,107 | 131,900 | ||||
| Other Revenues - Library | 18,465 | 28,344 | 16,380 | 16,000 | ||||
| Transfers-in from Other Funds | 1,125,400 | 572,588 | 572,588 | 1,213,680 | ||||
| Total Revenues | 13,284,839 | 12,778,786 | 12,568,222 | 12,639,980 | ||||
| EXPENDITURES: | ||||||||
| General Government | 2,950,564 | 3,862,325 | 3,996,988 | 4,738,288 | ||||
| Public Safety | 3,321,313 | 3,499,064 | 3,470,430 | 4,170,155 | ||||
| Public Works | 1,631,190 | 1,348,406 | 1,437,604 | 1,932,796 | ||||
| Parks & Recreation | 325,151 | 327,321 | 324,290 | 408,829 | ||||
| Carnegie Public Library | 174,611 | 181,604 | 176,325 | 242,753 | ||||
| ED/Fleet | 771,324 | 1,628,419 | 1,260,952 | 450,818 | ||||
| Contingency* | 143,238 | 96,142 | 80,000 | 203,340 | ||||
| Transfers Out - Other Funds | 1,517,532 | 1,330,500 | 1,330,500 | 493,001 | ||||
| Total Expenditures | 10,834,923 | 12,273,781 | 12,077,089 | 12,639,980 | ||||
| RESERVE FUND TRANSFER OUT | ||||||||
| Transfers Out - Other Funds | - | 600,000 | 600,000 | 375,517 | ||||
| Revenues Over (Under) Expenditures | 2,449,916 | (94,995) | (108,867) | (375,517) | ||||
| Beginning Fund Balance | 4,949,951 | 7,399,867 | 7,399,867 | 7,291,001 | ||||
| Ending Fund Balance | 7,399,867 | 7,304,872 | 7,291,001 | 6,915,483 | ||||
| Fund Balance Restricted, Committed & Assigned | ||||||||
| Tabor Reserve | 368,783 | 371,681 | 371,861 | 374,940 | ||||
| Health Ins Reserve | 57,282 | 57,307 | 57,305 | 57,328 | ||||
| Landfill Reserve | 126,703 | 127,061 | 127,055 | 127,405 | ||||
| Eaglerock Subdivision | 286,577 | 287,697 | 287,529 | 288,481 | ||||
| Library Reserve | 18,823 | 16,900 | - | - | ||||
| Compensated Absences | 935,543 | 1,044,596 | 952,325 | 969,107 | ||||
| Insured Repairs | 457,379 | - | 457,379 | - | ||||
| Total Restricted, Committed & Assigned | 2,251,090 | 1,905,242 | 2,253,454 | 1,817,261 | ||||
| Total Unrestricted Fund Balance | 5,148,777 | 5,399,630 | 5,037,547 | 5,098,222 | ||||
| Less Fund Balance Reserve** | 2,708,731 | 3,068,445 | 3,019,272 | 3,159,995 | ||||
| FUND BALANCE AVAILABLE | ||||||||
| FOR FUTURE APPROPIATION | $2,440,047 | $2,331,185 | $2,018,274 | $1,938,227 | ||||
| *Goal is 1% of operating expenses | ||||||||
| ** Fund Balance Reserve Policy 25% or three (3) months of operating expenses. | ||||||||