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City of Elk RiverEquipment Replacement Fund
<br />2026 2027 2028 2029 2030
<br />Estimate Estimate Estimate Estimate Estimate
<br />Beginning Cash Balance $2,277,588 $1,937,254 $1,700,254 $1,504,754 $1,187,254
<br />Revenues:
<br />Revenues from charges 539,550 572,000 606,000 642,000 681,000
<br />Local Government Aid 48,616 - - - -
<br />Interest earnings 68,500 58,000 51,000 45,000 35,500
<br />Other revenues (sale of assets/misc)50,000 50,000 50,000 50,000 50,000
<br /> Total Revenues 706,666 680,000 707,000 737,000 766,500
<br />Expenditures:
<br />Capital Equipment -
<br /> Police 150,000 170,000 157,500 160,500 85,500
<br /> Fire 288,000 160,000 50,000 75,000 -
<br /> Fire - Ladder/Engine - 600,000 - -
<br /> Parks 90,000 157,000 - 55,000 -
<br /> Streets 519,000 280,000 560,000 714,000 -
<br /> Facilities Maintenance - 150,000 80,000 - -
<br /> Building Safety - - 55,000 50,000 -
<br /> Total Expenditures 1,047,000 917,000 902,500 1,054,500 85,500
<br />Revenues over/(under) Expenditures (340,334) (237,000) (195,500) (317,500) 681,000
<br />Ending Cash Balance $1,937,254 $1,700,254 $1,504,754 $1,187,254 $1,868,254
<br />Page 331 of 379
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