Details for Public Notice CITY OF LI

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Public Notice CITY OF LITTLEFORK 2018 SUMMARY BUDGET STATEMENT The purpose of this report is to provide summary 2018 budget information concerning the City of Littlefork 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: City Hall, 901 Main Street, Littlefork, MN. The City Council approved this budget on December 21, 2017. REVENUES 2017 BUDGET 2018 BUDGET Property Taxes $ 106,000.00 $ 106,000.00 All Other Taxes $ 2,350.00 $ 2,350.00 Licenses and Permits $ 2,435.00 $ 2,435.00 State General Purpose Aid $ 237,747.00 $ 240,284.00 State Categorical Aid $ 21,019.00 $ 20,868.00 Charges for Services $ 12,062.00 $ 33,662.00 Interest on Investments $ 500.00 $ 500.00 Miscellaneous Revenues $ 6,400.00 $ 6,400.00 Total Revenues $ 388,513.00 $ 412,499.00 Total Rev. & Other Financing Sources $ 388,513.00 $ 412,499.00 EXPENDITURES 2017 BUDGET 2018 BUDGET General Government $ 191,626.00 $ 188,704.00 Public Saftey$ 13,615.00 $ 13,765.00 Streets and Highways $ 160,778.00 $ 159,486.00 Culture and Recreation $ 18,894.00 $ 24,494.00 Miscellaneous Current Expenditures $ 3,600.00 $ 4,450.00 Total Current Expenditures $ 388,513.00 $ 390,899.00 Debt Service - Principal $ 8,000.00 Interest and Fiscal Charges $ 2,683.00 Transfers to Other Funds $ - $ 21,600.00 Total Exp. & Other Financing Uses $ 399,196.00 $ 412,499.00 The Journal February 17th, 2018

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