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7.1. SR 12-02-2019
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7.1. SR 12-02-2019
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12/30/2019 10:24:43 AM
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that city government is primarily a service industry, 78% of the operating budget is for personal service <br />expenditures. <br />Financial Impact <br />Summary of 2020 Budgets <br />Below is a summary of the proposed budgets Council has reviewed and to be approved: <br />General Fund $17,019,600 <br />Special Revenue Funds: <br />Library $ 115,100 <br />Ice Arena $ 766,300 <br />Enterprise Funds: <br />Attachments <br />■ Tax levy resolution <br />■ Tax levy breakout <br />■ General Fund summary <br />Revenues <br />Expenditures <br />Depreciation <br />Capit <br />Net Effect <br />Sewer <br />$2,500,500 <br />$2,437,200 <br />$1,641,000 <br />$ - <br />$(1,577,700) <br />Liquor <br />$7,505,900 <br />$7,168,250 <br />$ 123,000 <br />$ - <br />$ 214,650 <br />Garbage <br />$1,672,000 <br />$1,581,150 <br />$ - <br />$ - <br />$ 90,850 <br />Storm Sewer <br />$ 553,000 <br />$ 599,100 <br />$ 458,000 <br />$ - <br />$ (504,100) <br />Attachments <br />■ Tax levy resolution <br />■ Tax levy breakout <br />■ General Fund summary <br />
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