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Public Notice
2008 Budget Summary
The purpose of this
report is to provide summary 2008 budget information concerning the City of
Edina to interested citizens. The budget is published in accordance with
Minn. Stat. Sec. 471.6965. This budget is not complete: The complete
budget may be examined at the Edina City Hall, 4801 West 50th Street or on
the or on the City's web site
www.CityofEdina.com.
The City Council approved this budget on December 18, 2007.
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GENERAL FUND
BUDGET |
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2007 |
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2008 |
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Budget |
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Budget |
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Revenues |
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Property
Taxes |
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$ |
21,142,024 |
$ |
22,532,669 |
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Licenses and
Permits |
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2,559,250 |
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2,715,050 |
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Intergovernmental Revenues |
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Federal |
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35,000 |
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35,000 |
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State |
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695,000 |
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710,000 |
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Charges for
Services |
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2,466,230 |
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2,637,388 |
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Fines and
Forfeits |
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875,000 |
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925,000 |
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Interest on
Investments |
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200,000 |
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275,000 |
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Miscellaneous
Revenues |
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350,000 |
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373,000 |
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Total
Revenues |
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$ |
28,322,504 |
$ |
30,203,107 |
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Other Financing
Sources |
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Transfer From
Construction Fund |
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185,794 |
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Transfer From
Liquor Fund |
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721,200 |
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742,800 |
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Total Other
Financing Sources |
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721,200 |
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928,594 |
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Total Revenue
and Other |
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Financing
Sources |
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$ |
29,043,704 |
$ |
31,131,701 |
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Expenditures |
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General
Government |
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3,613,929 |
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3,706,758 |
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Public Safety |
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12,393,497 |
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13,092,751 |
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Street and
Highways |
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5,567,468 |
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5,829,708 |
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Human
Services |
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158,544 |
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180,473 |
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Health |
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491,178 |
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497,048 |
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Culture and
Recreation |
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3,424,916 |
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3,713,295 |
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Miscellaneous
Current Expenditures |
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330,884 |
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349,970 |
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Total
Current Expenditures |
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$ |
25,980,416 |
$ |
27,370,003 |
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Other Financing
Uses |
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Capital Outlay |
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1,260,650 |
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1,284,639 |
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Debt Service |
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2,252,738 |
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2,477,059 |
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Total Other
Financing Uses |
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$ |
3,513,388 |
$ |
3,761,698 |
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Total
Expenditures and Other |
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Financing
Uses |
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29,493,804 |
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31,131,701 |
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Increase
(Decrease) in Fund Balance |
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$ |
(450,100) |
$ |
0 |
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Total Property
Tax Levy - All Funds |
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$ |
21,530,528 |
$ |
22,605,669 |
BY ORDER OF THE EDINA
CITY COUNCIL
Debra Mangen
Edina City Clerk
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