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HomeMy WebLinkAbout2012 Budget Summary NewspaperCity of Oak Park Heights 2012 MINNESOTA CITY SUMMARY BUDGET STATEMENT The purpose of this Report is to provide summary 2012 budget information concerning the City of Oak Park Heights to interested citizens. The budget is published in accordance with Minn. Ste. 471.6965. This budget is a summary document only; the complete budget may be examined at the Oak Park City Hall, 14168 Oak Park Blvd. The council approved this budget on Dec. 13, 2011. Property Tax Levy Required to Fund this Budget $ 3,291,704 2010 Actual $ 4,228,062 2011 Budget 380,000 2012 Budget REVENUES Total Property Tax Levy $ 3,671,704 $ 3,872,455 1 $ 4,228,062 Property Taxes $ 3,305,004 $ 3,531,455 $ 4,287,062 Licenses and Permits 197,182 87,300 83,400 Intergovernmental Federal 76,808 0 0 State 191,292 78,040 63,040 Other 11,312 10,000 7,000 Grants from County and Other Local Governments 0 0 0 Charges For Sevices 138,173 73,425 13,132 Fines and Forfeits 58,335 60,500 50,500 Interest on Investments 50,671 40,000 40,000 Miscellaneous Revenue 130,798 105,500 110,550 Total Revenues $ 4,159,575 $ 3,986,220 $ 4,654,684 CURRENT EXPENDITURES General Government $ 1,239,057 $ 1,222,190 $ 1,273,824 Public Safety 1 1 1,463,929 Streets and Highways 280,337 289,605 296,585 Sanitation 190,627 190,800 197,800 Culture and Recreation 144,488 164,932 150,471 Conservation of Natural Resources 16,643 15,200 14,850 Total Current Expenditures $ 3,178,935 $ 3,305,477 1 $ 3,397,459 Transfers To Other Funds 726,850 780,740 1,257,225 Total Expenditure and Other Financing Uses 1 $ 3,905,785 $ 4,086,217 $ 4,654,684 Increase (Decrease) in Fund Balance $ 253,790 1 $ (99,997) $ - Property Tax Levy Required to Fund this Budget $ 3,291,704 $ 3,482,455 $ 4,228,062 Property Tax Levy Required to Fund Debt Budget 380,000 390 0 Total Property Tax Levy $ 3,671,704 $ 3,872,455 1 $ 4,228,062