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City of Smithville Part 2

City of Smithville Part 2 - Employer FICA Allocation...

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Employer FICA Allocation General Government $378,000.00 11.89% $28,924.49 Police 823,578.00 25.91% 63,020.04 Fire 789,502.00 24.84% 60,412.55 Building 64,512.00 2.03% 4,936.45 Public Works 510,734.00 16.07% 39,081.28 Health and Welfare 331,394.00 10.43% 25,358.21 Parks and Recreation 268,800.00 8.46% 20,568.53 Miscellaneous Appropriations 11,480.00 0.36% 878.45 Total $3,178,000.00 100% $243,180.00
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City of Smithville General Fund Balance Sheet As of December 31, 2008 Assets Cash $104,935 Taxes Receivable-Delinquent $497,298 Less: Estimated Uncollectible Delinquent Taxes 90,790 406,508 Interest and Penalties Receivable on Taxes 20,972 Less: Estimated Uncollectible Interest and Penalties 8,490 12,482 Due From Other Funds 10,000 Due From State Government 135,000 Total Assets $668,925 Liabilities and Fund Balances Liabilities: Vouchers Payable $173,152 Due to Other Funds 5,300 Due to Federal Government 115,400 Due to State Government 38,220 Total Liabilities $332,072 Fund Balances: Reserve for Encumbrances 66,500 Fund Balance 270,353 Total Fund Balances 336,853 Total Liabilities and Fund Balances $668,925
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City of Smithville General Fund Statement of Revenues, Expenditures, and Fund Balance For the Year Ended December 31, 2008 Revenues: Taxes-Real Property $1,372,000 Taxes-Sales 1,590,960 Interest and Penalties on Taxes 20,585 Licenses and Permits 486,500 Fines and Forfeits 352,800 Intergovernmental Revenue 275,000 Charges for Services 77,000 Miscellaneous Revenues 27,300 Total Revenues $4,202,145 Expenditures 2008 General Government 488,823 Public Safety - POLICE 961,134 Public Safety - FIRE 912,025 Public Safety - BUILDING SAFETY 77,526 Public Works 708,645 Health and Welfare 503,752 Parks and Recreation 388,769 Contributions to Retirement Funds 162,820 Miscellaneous 53,658 Expenditures - 2008 4,257,152 Excess of Expenditures Over Revenues (55,007) Other Financing Sources - Change (Decrease) in Fund Balance ($55,007) Fund Balances, January 1, 2008 391,860 Fund Balances, December 31, 2008 $336,853
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City of Smithville General Fund Statement of Revenues, Expenditures, and Fund Balance (Non GAAP Presentation) For the Year Ended December 31, 2008 Budgeted Amounts Original Final Revenues: Taxes Real Property $1,372,000 $1,372,000 $1,372,000 $- Interest and Penalties on Taxes 14,000 14,000 20,585 6,585 Sales 1,596,000 1,596,000 1,590,960 (5,040) Total Taxes 2,982,000 2,982,000 2,983,545 1,545 Licenses and Permits 490,000 490,000 486,500 (3,500) Fines and Forfeits 350,000 350,000 352,800 2,800 Intergovernmental Revenue 280,000 280,000 275,000 (5,000) Charges for Services 84,000 84,000 77,000 (7,000) Miscellaneous Revenues 28,000 28,000 27,300 (700) Total Revenues $4,214,000 $4,214,000 $4,202,145 ($11,855) Expenditures and encumbrances General Government 456,000 463,000 491,903 28,903 Public Safety - POLICE 873,880 901,880 961,974 60,094 Public Safety - FIRE 853,720 860,720 921,097 60,377 Public Safety - BUILDING SAFETY 80,640 72,640 77,526 4,886 Public Works 701,960 717,360 756,273 38,913 Health and Welfare 494,900 479,500 504,032 24,532 Parks and Recreation 378,400 374,200 394,369 20,169 Contributions to Retirement Funds 389,200 406,000 162,820 (243,180) Miscellaneous 55300 53,800 53,658 (142) Total Expenditures 4,284,000 4,329,100 4,323,652 (5,448) Excess of Expenditures Over Revenues ($70,000) ($115,100) ($121,507) ($6,407)
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