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Fund Balance Survey <br />City <br />Min. Level FB <br />Calculated <br />Excess <br />Lino Lakes <br />40 -50% <br />% of NY budget <br />General Fund <br />Shorview <br />50% of levy and state aids <br />50% of levy and state aids <br />One -time expenditures <br />10% NY budget <br />10% NT budget <br />start -up expenditures <br />transfer to CIP funds <br />White Bear Lake <br />35% <br />% of NY budget <br />transfer to CIP funds <br />Prior Lake <br />40% <br />% of NY budget <br />One -time expenditures <br />transfer to CIP funds <br />property tax mitigation <br />Farmington <br />25 -50% <br />% of NY budget <br />transfer out to other funds <br />Owatonna <br />50% <br />% of NY budget <br />General Fund <br />Austin <br />42% <br />CY expenditures <br />transfer out to other funds <br />informally 42 -48% <br />South St.Paul <br />35% <br />% of NY budget <br />transfer to CIP funds <br />Faribault <br />45% <br />% of NY budget <br />General Fund <br />Chanhassen <br />50% <br />NY property taxes & State aids <br />transfer to CIP funds <br />plus $1m emergency <br />Elk River 40% % of NY budget General Fund <br />informally 41.5% <br />N: i Departments iFinanceiFinanceiBUDGETiBudget Folders by year12013 budgets iFundbalancereview 1111612012 <br />