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<br />CFPY OF ELK RIVER, MINNESOTA <br />GENERAL FUND <br />STATF,M1IENT OF REVENUES, EXPENDITURES, <br />AND CHANGES IN FUND BALANCE -BUDGET AND ACTUAL <br />YEAR ENllED DECEMBER 31, 2007 <br />REVENUES <br />Property taxes <br />Licenses and permits <br />Intergovernmental revenue <br />Chazges for services <br />Fines <br />Interest income <br />Miscellaneous revenue <br />Refunds and reimbursements <br />Other <br />Total revenues <br />EXPENDITURES <br />CurrenC <br />General government <br />Public safcry <br />Public works <br />Culture and recreation <br />Capital outlay: <br />General government <br />Public safety <br />Public works <br />Culture and recreation <br />Tota] expenditures <br />Excess (deficiency) of revenues <br />over (under) expenditures <br />OTFIER FINANCING SOURCES (USES) <br />Transfers in <br />Transfers out <br />Tota] other financing sources (uses) <br />Ne[ change in fund balance <br />Fund balance -January I <br />Fund balance -December 31 <br />L7 <br /> <br /> <br />The notes to the financial statements are an integral part of this statement. ' <br />Budget Variance with <br />Original Final Actua] Finaf Budget <br />$ 8,263,000 $ 7,923,000 $ 7,900,185 $ (22,815) <br />870,700 87Q,7D0 987,708 117,008 <br />970,150 1,310,150 1,169,707 59,557 <br />798,700 798,700 749,698 (49,002) <br />159,500 759,500 148,904 (1Q596) <br />IOO,D00 225,OOD 234,780 9,780 <br />25,500 42,000 76,560 34,560 <br />6,700 6,70D 7,372 67Z <br />1 ],194,250 11,335,750 11,474,914 139,164 <br /> <br />2,587,750 2,5]2,750 2,377,897 134,853 <br />5,069,250 5,161,600 5,084,372 77,228 <br />1,849,350 1,849,3 i0 1,750,821 98,529 <br />1,510,250 1,51 Q 250 1,496,202 14,048 <br />16,D00 16,000 5,488 10,512 <br />1 D8,7D0 133,600 131,906 1,694 <br />192,650 192,650 187,734 4,916 <br />77,200 77,20D 76.]SD 1,050 <br />11,411,150 11,4S,4UD 11,110,570 342,830 <br /> <br />(216,900) (117,65D) 364,344 481,994 <br /> <br />411,500 436,400 44],803 5,403 <br />(194,600) (194,600) (270,529) (75,929) <br />216,900 24],800 171,274 (70,526) <br /> <br />- 124,150 535,6!8 411,468 <br /> <br /> <br />1 <br /> <br /> <br /> <br /> <br /> <br />1 <br /> <br /> <br /> <br />4,816,386 4,816,386 0.,8]6386 - <br />$ 4,816.386 S 4,940.536 $ 5,352AD4 $ 411,468 <br />28 ' <br />