The purpose of this report is to provide summary 2022 budget information for the City of Rushford to interested citizens.
The budget is published in accordance with MN Stat. 471.6965. This is a summary document only; the complete budget may be examined at City Hall, 101 North Mill St., Rushford, MN 55971, during normal office hours.
20212022
|
Revenues |
Prior Year Budget |
Current Year Budget |
|
1 Property Taxes (not including market value credit) |
1,017,000 |
1,017,000 |
|
2 Tax Increments |
20,000 |
20,500 |
|
3 All Other Taxes (hotel/motel taxes) |
21,500 |
22,000 |
|
4 Special Assessments |
47,000 |
49,000 |
|
5 Licenses and Permits |
21,290 |
15,990 |
|
6 Federal Grants |
92,617 |
149,608 |
|
7 State General Purpose Aid (LGA, Market Value Cr.) |
628,684 |
631,277 |
|
8 State Categorical Aid (state aid projects, grants, etc.) |
778,699 |
388,900 |
|
9 Grants from County and Other Local Governments |
4,500 |
4,500 |
|
10 Charges for Services |
351,010 |
357,390 |
|
11 Fines and Forfeits |
6,000 |
5,000 |
|
12 Interest on Investments |
8,600 |
4,600 |
|
13 Miscellaneous Revenues |
67,100 |
61,500 |
|
14 Total Revenues |
3,064,000 |
2,727,265 |
|
15 Proceeds from Bond Sales |
802,000 |
0 |
|
16 Other Financing Sources |
0 |
0 |
|
17 Transfers from Other Funds (incl. Enterprise Funds) |
188,000 |
189,000 |
|
18 Total Revenues and Other Financing Sources |
4,054,000 |
2,916,265 |
20212022
|
Expenditures |
Prior Year Budget |
Current Year Budget |
|
Current Expenditures (Exclude Capital Outlay) |
||
|
19 General Government (council, administration, etc.) |
159,700 |
161,800 |
|
20 Public Safety |
547,455 |
566,264 |
|
21 Streets and Highways |
113,555 |
117,455 |
|
22 Sanitation |
800 |
800 |
|
23 Health |
174,850 |
179,190 |
|
24 Culture and Recreation |
311,447 |
317,892 |
|
25 Economic Development |
179,252 |
82,250 |
|
26 Miscellaneous Current Expenditures |
73,882 |
200,351 |
|
27 Total Current Expenditures |
1,560,941 |
1,626,002 |
|
28 Debt Service – Principal |
500,539 |
1,446,666 |
|
29 Interest and Fiscal Charges |
181,398 |
162,431 |
|
30 Capital Outlay |
996,500 |
704,755 |
|
31 Transfers to Other Funds (include Enterprise Funds) |
188,000 |
189,000 |
|
32 Total Expenditures and Other Financing Uses |
3,427,378 |
4,128,854 |
Fund Balance Other Items
Notes on above lines:
#20 Includes police, animal control, dike, building/zoning, fire general fund, fire mill rate fund
#24 Includes library, pool, snow trail, park, tree, tourism
#26 Includes regular airport operations & ARPA funding
#30Includes all funds and grant projects & Improvement projects
Unique circumstances include: Bond refinancing; ARPA funds
received and not all spent yet; Increased captial projects at airport
and increased grant funding for those projects.
Publish 7