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Budget
Home > City Hall > Finance > Budget
The Finance Department's primary responsibility is to ensure that all financial transactions are in compliance with City ordinances, State statutes and principals of sound fiscal municipal management.
The purpose of this report is to provide summary 2011 budget information concerning the City of Victoria to interested
citizens. The budget is published in accordance with Minn. Stat. Sec. 471.6965. This is a summary of the 2011 budget; a complete copy of the budget may be
examined at Victoria City Offices, 7951 Rose, Victoria, MN. The City Council approved this budget on December 13, 2010.
If you have any questions regarding the budget or other financial issues, please feel free to either e-mail or
call the City's Finance Director, Jylan Johnson:
jjohnson@ci.victoria.mn.us or (952) 443-4216.
| 2011 General Fund Operating Budget Summary ( See Resolution No. 10-124) |
| Revenues |
2011 |
| Taxes |
$3,031,870 |
| License & Permits |
$170,910 |
| Inter-governmental Revenue |
$116,128 |
| Charges for Services |
$329,369 |
| Fines |
$16,450 |
| Miscellaneous Revenue |
$8,500 |
| Total Revenue |
$3,673,227 |
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| Expenditures |
2011 |
| Mayor and Council |
$16,967 |
| Administration |
$493,656 |
| Finance |
$202,822 |
| Elections |
$600 |
| Professional Services |
$268,261 |
| Planning & Zoning |
$121,159 |
| Government Buildings |
$51,468 |
| Public Safety |
$306,583 |
| Fire Protection |
$285,305 |
| Inspections |
$256,769 |
| Public Works |
$782,844 |
| Park & Recreation |
$372,143 |
| Miscellaneous |
$5,000 |
| Transfer of Funds |
$509,650 |
| Fund Balance Reserve |
$0 |
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| Total Expenditures |
$3,673,227 |
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| Approved 2011 Recreation Center Operating Budget |
| Revenues |
2011 |
| Property Taxes* |
$250,000 |
| Charges for Services |
$123,260 |
| Ground Lease, Operating Fees and Reimbursements |
$673,652 |
| Miscellaneous Revenues |
$0 |
| Transfer In |
$0 |
| Total Revenue |
$1,046,912 |
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| Expenditures |
2011 |
| General |
$482,796 |
| Capital Outlay |
$14,600 |
| Transfer to Other Funds (debt service) |
$443,390 |
| Replacement Reserve |
$25,000 |
| Fund Balance Reserve |
$81,126 |
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| Total Expenditures |
$1,046,912 |
| *Property Tax Levy Required to fund the Recreation Center Operating Budget |
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