CITY OF SARTELL
2018 SARTELL SUMMARY BUDGET STATEMENT
The purpose of this report is to provide summary 2018 budget information concerning the City of Sartell to interested citizens. The budget is published in accordance with Minn. Stat. 471.6965. This budget is a summary document only; the complete budget may be examined at Sartell City Hall, 125 Pinecone Road N. The city council approved this budget on Dec. 11, 2017.
| Table 1 | |||
| Governmental Funds 2018 Budget | |||
| 2017 | 2018 | ||
| Revenues: | Budget | Budget | |
| Property Taxes | $5,895,999 | $6,313,935 | |
| Tax Increments | $151,500 | $155,500 | |
| All Other Taxes | $1,220,906 | $1,296,821 | |
| Special Assessments | $527,000 | $1,005,000 | |
| Licenses and Permits | $1,177,700 | $1,176,500 | |
| Federal Grants | $0 | $0 | |
| State General Purpose Aid (LGA, etc.) |
$146,895 | $211,458 | |
| State Categorical Aid (state aid for police, fire, streets) |
$331,088 | $333,025 | |
| Charges for Services | $2,510,913 | $1,872,184 | |
| Fines and Forfeits | $67,750 | $62,500 | |
| Interest on Investments | $12,000 | $18,000 | |
| Miscellaneous Revenue | $46,250 | $317,730 | |
| Total Revenues | $12,088,001 | $12,762,653 | |
| Proceeds from Bond Sales | $0 | $7,000,000 | |
| Other Financing Sources | $0 | $0 | |
| Transfers from Other Funds (inc. enterprise funds) |
$8,235,812 | $6,173,592 | |
| Total Revenues & Other Financing Sources |
$20,323,813 | $25,936,245 | |
| Expenditures: | |||
| General Government | $834,343 | $896,051 | |
| Public Safety | $3,181,600 | $3,455,889 | |
| Streets & Highways (Public Works) |
$1,128,185 | $1,191,660 | |
| Culture and Recreation | $603,400 | $943,350 | |
| Urban & Economic Development |
$78,007 | $76,507 | |
| Miscellaneous Current Expenditures |
$34,500 | $33,000 | |
| Total Current Expenditures | $5,860,035 | $6,596,457 | |
| Debt Service – Principal | $5,205,000 | $5,625,000 | |
| Interest & Fiscal Charges | $1,239,397 | $1,306,006 | |
| Capital Outlay | $6,411,500 | $11,178,500 | |
| Transfers to Other Funds (inc. enterprise funds) |
$5,012,811 | $5,324,093 | |
| Total Expenses & Other Financing Uses |
$23,728,743 | $30,030,056 | |
| Increase/Decrease in Fund Balance |
-$3,404,930 | -$4,093,811 | |
| Property Tax Levy Requirement to fund this budget |
$5,895,999 | $6,313,935 | |
Publish: Jan. 26, 2018
