The purpose of this report is to provide summary budget information concerning the City of Mabel to interested citizens. The budget is published in accordance with Minn. Stat 471.6965. This budget is a summary document only; the complete budget may be examined at Mabel City Hall. The council approved the year 2025 budget on December 11th, 2024.
ALL GOVERNMENTAL FUNDS
2024 2024
Budget Adopted Budget
REVENUES
Property Taxes 425000 430000
Special Assessments 2000 2000
Tax Increments 0 0
All other taxes 1500 1500
Licenses and Permits 7000 7000
Federal Grants 0 0
State General Purpose Aid(e.g. LGA,MV) 316834 317027
State Cat. Aid(Mun. State aid for Steets etc) 8000 11000
Revenue from other County Grants 0 0
Charges for Services 135300 162500
Fines and Forfets 1000 1000
Interest on Investments 700 6000
Miscellaneous Revenue 30000 32000
Proceeds from Bond Sales 0 0
Transfer 0 0
TOTAL REVENUE ALL GOVERNMENTAL FDS 927334 970027
CURRENT EXPENDITURES (Exlude Cap. Out.)
General Government (Council, Adm, etc.) 177675 186905
Public Safety 290130 304780
Streets and Highways 256025 257326
Public Health and Welfare 0 0
Culture and Recreation 75175 100450
Urban and Economic Dev and Housing 15150 15150
Transfers to Other Funds 0 0
Miscellaneous Current Expenditures 10000 10000
TOTAL CURRENT EXPENDITURES 824155 874611
DEBT SERVICE – PRINCIPAL 21050 22584
INTEREST AND FISCAL CHARGE 18400 16865
TOTAL CAPITOL OUTLAY 72000 72000
TOTAL GOVERNMENTAL FUND EXPENSE 935605 986060
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