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The 2018 General Fund budget is at $15,229,550, which is a 5.9% increase over 2017. The greatest <br />portion of the city's General Fund operating budget is dedicated to public safety programs and services. <br />General government, public works, and culture and recreation make up the balance of the General Fund <br />budget. Due to the fact that city government is primarily a service industry, 76% of the operating budget <br />is personal service expenditures. <br />Financial Impact <br />Summary of 2018 Budgets <br />Below is a summary of the proposed budgets Council has reviewed and to be approved: <br />General Fund $15,229,550 <br />Special Revenue Funds: <br />Library $ 118,850 <br />Ice Arena $ 768,850 <br />Enterprise Funds: <br />Sewer <br />Garbage <br />Liquor <br />Storm Sewer <br />Attachments <br />Revenues Expenditures <br />$2,702,000 $2,283,600 <br />$1,612,500 $1,645,200 <br />$7,138,000 $6,810,100 <br />$ 500,000 $ 308,150 <br />Tax levy resolution <br />Tax levy breakout <br />General Fund summary <br />The Elk River Vision <br />Depreciation Capit <br />$1,425,000 $366,250 <br />$ 125,000 $ - <br />$ 448,000 $ - <br />Net Effect <br />$(1,372,850) <br />$ (32,700) <br />$ 202,900 <br />$ (256,150) <br />A PehoMing community �a itb revolutionary and spirited resourcefulness, exceptional P 01 W E H E 8 6 T <br />service, and community engagement that encourages and inspires prosperity INAMIRE1 <br />