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City of Kandiyohi Summary Budget

(February 27, 2006) 8214 CITY OF KANDIYOHI SUMMARY BUDGET The purpose of this report is to provide summary 2005 budget information concerning the City of Kandiyohi to interested citizens. The budget is published in accordance with Minn. State, Se...

(February 27, 2006) 8214

CITY OF KANDIYOHI

SUMMARY BUDGET

The purpose of this report is to provide summary 2005 budget information concerning the City of Kandiyohi to interested citizens. The budget is published in accordance with Minn. State, Sec 471.6965. This budget is not complete; the complete budget may be examined at the City Clerk's office, Box 276, Kandiyohi. The City Council approved this budget on December 5, 2005.

Revenues

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2004 Actual 2005 Budget 2006 Budget

Property Taxes $ 67,285 $ 79,500 $ 83,500

Franchise Taxes 1,000 1,000 1,000

Special Assessments 22,381 0 5,702

Licenses and permits 1,173 4,000 4,000

State General Purpose Aids 83,648 78,033 78,033

Charges for Services 28,900 29,200 29,200

Interest Income 6,689 5,050 5,050

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Miscellaneous 14,039 3,960 3,960

Total Revenues $ 225,115 $ 200,743 $ 210,445

Expenditures

2004 Actual 2005 Budget 2006 Budget

General Government $ 95,703 $ 63,740 $ 63,740

Public Safety 38,931 54,500 54,500

Highways and Streets 20,161 37,000 37,000

Recreation and Parks 2,608 15,600 2,600

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Debt Service-Principal 25,000 25,000 30,000

Interest 25,907 20,000 22,605

Total Expenditures $ 208,310 $ 215,840 $ 210,445

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