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Ortonville, Minnesota
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July 27, 1999     The Ortonville Independent
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Financial Report for the City of 0rtonville, SUMMARY FINANCIAL REPORTS For the City of Ortonville for the Year Ended December 31, 1998 The purpose of these financial reports is to provide a summary of financial information concerning the City of Ortonville for ended December 31, 1998. the complete audited financial statements may be examined at the City Office, 315 Madison Ortonville, MN 56278. Questions about these reports should be directed to Roman Taffe, City Clerk-Administrator, (320) c of ORTONVILLE cny of BIG STONE City-owned Enterprise Funds: Check thooe th lqp. , w,. [] s-., [] ,.se [] u, [] Hop.., MH HACA Home PEP, ANd Other SECTION h REVENUES Include all governmental funds, exp trust funds and (xlpommt units. F.xciude  lunds. For State Use Only De Revlewld Auda Fm Audns Opln!on i N Tax b/ SpecY Loc GoVt Nd HACA Class Amount TAXES (31000) 1 Property Taxes .............................................................................................................................................. 1 2 Tax Increments (TIF) ................................................................................................................................... 2 3 Franchise Taxes - (fee from private eect(x only) e.g. Clble "IV .......................................................................... 3 4 Local Sales Taxes ............................................................................................................................................ 4 5  Taxes ........................................................................................................................................... 5 S  Tax ................................................................................................................................................... 6 7 Grave| Tax ..................................................................................................................................................... 7 8 SPECIAL ASSESSMENTS (36100) fmclude ddmquent charges) ................................................................... 8 9 LICENSES AND PERMITS (320Q0) ................................................................................................................ 9 INTERGOVERNMENTAL REVENUES (338 FEDERAL - Community Dev Block Grants (CDBG,SCDPG) 10 (include Entitlemen CFDA Ir!4218,14.219.14.228) ................................................................. 10 11 - Other Federal Grants ................................................................................................................ 11 12 STATE - Local Government Aid (1.GA) ....................................................................................................... 12 13 - HACA .............................................................................................................................................. 13 14 - Manufactured Home HACA .............................................................................................................. 14 15 -Local Perforrmmce Aid ...................................................................................................................... 15 16 -Taconlte Homestead Cmli .............................................................................................................. 16 17 - Taoonite Aids ..................................................................................................................................... 17 18 - PERA Aid ....................................................................................................................................... 18 19 - Highways (State Aid Stnmt) .............................................................................................................. 19 20 - Other State Grants and Aids (pok:e, fire) ............................................................................................ 2)0 21 COUNTY - Highways ...................................................................................................................................... 21 22 - Other County Grar ......................................................................................................................... 22 23 LOCAL UNITS - IRRRB Grantl ...................................................................................................................... 23 24 - Othe Local Unltl Granll ......................................................................................................... 24 CHARGES FOR SERVICES (34000) 25 General Govlmlmmlt (include auto mlblUon, tlklg fees) ......................................................................... 25 26 Po, wxl F Conac ............................................................................................................................... 26 27 Oth Public SafMy (Include arnbulnce) ......................................................................................................... 27 28 Sm  HH.ys .............................................................................................................................. 2S 29 C, Recycling and Other Refuee (onNqbe fund  ixMemDd) .................................................... 29 30 Ubrarkm ........................................................................................................................................................ 30 31 Parks and Recreedon (inctude dry hall ront, ommun center, i-k dedilion fro) ......................................... 31 32 Airpor Cm(dude hangar rent) ......................................................................................................................... 32 33 Tran ................................................................................................................................................................ 33 34 Cemetuy  rx ukm) ............................................................................................................................... 34 35 ouw Sme Chau (xde SC.) ................................................................................................... 35 36 FINES AND FORFEITS (35000) ........................................................................................................................ 36 MSSC REVENUES (00) 37 Intlm  (emtngl lnd  .......... .,o.... .................... ... .................................................. . 37 38 All (:Yam" Rev,. (ldenJ} .,....,.,, .................................................................................................... 38 39 TOTAL REVENUES (should equal total on  statement) ......................................................................... 39 (round to mmre dollar) 339,398 3,840 6,533 6 qq 290116 ;?R7 66,921 2,790 68.744 8,283 12,022 5,529 , .89,985 106,380 ....... 1,733,845 . OTHER  SOURCES 4o mmw - Bo, o,,.,ed (..t p.x,o) ........................................................................................................... 4O 41 - Other Lon Debt ....................................................................................................................... 41 42 - Short-term Debt .............................................................................................................................. 42 43 O,wFm.cSo[xvm/) ...................................................................................................................... 43 44  Tmnsfm from EJrprbe Funds and Intem Service Funds ............................................................ 44 45 C TnmMem from  Funds (hould equ/Ine 52 on i0e 2) ............................................ 45 46 TOTAL REVENUES AND OTHER FINANCING SOURCES (add  345) ............................................ 46 3,257,140 715,793 30:000 5.736.778 SECTION lh EXPENDITURES I._ __ Ill .--,.T.-, funds, ..-_'_ mt funds wd oqxmt u. E.--  funds GENERAL GOVERNMENT (41000) 1 MayorandCounci ................................................................................................................................ 1 2  and Fimaco (todc/Immsuror, delxaty dork. otc.) .............................................................. 2 3 C)Ur Gener Govwnment (dry hall. elecIM*, . mxlR. legal, e-) .......................................... 3 4 Gem Government- coa Ouy .................................................................................................... 4 PUBLIC SAFETY (42000) 5 Police - Curren F (inducle ponce relef, forfelture fund) ......................................................... 5 6 6 .C..arOuy ........................................................................................................................... 7 Aml:xance-CummtF.xpenditurm(indudermcueequad. lstmsponde) ........................................... 7 S - Cap Ouy .................................................................................................................. 8 9 Fire - Currant  (inckxle fire ndief) ..................................................................................... 9 o - co Oiy .............................................................................................................................. lo 11 O'4.m. P - Cun-ont Expen6,tur (indudo ImNng irocUon amd flood oml) ........................... 11 12 -C.qJOutJay ........................................................................................................... 12 STREETS AND HIGHWAYS (43100) 13 Stet Maintenance and Storm Sewers (indude llet ciming) ............................................................ 13 14 Snow and los Rernovsl ......................................................................................................................... 14 15 Street En0ineer ................................................................................................................................ 15 16 Seet L ...................................................................................................................................... 16 17 Stnmt ConsUuctn - C Outy (indude b, sidewalks and sm sews) ............................... 17 s str.et - Oth.r  Ou.y (bukr, X  eqpm.nt) .......................................................................... 8 SANITATION (EXCLUDE SEWER) (43200) 19 Garbage md Other Refuse CohcUon md Di (ent fund a(x:oun Pmferreq) .................... 19 m smon - C.p Ouy .................................................................................................................... m HEALTH (44100) 22 Cwr.nt  ............................................................................................................................ 22 23 Capal Out/y ....................................................................................................................................... 23 CULTURE AND RECREATION (4000) 24  - Cummt  ............................................................................................................ 24 25 . ce oua,y ....................................................................................................................... 25 26 Parks and Recreaon - Currant E fmdude mmun ,mm', Calde TV) ............................... 26 27 -  Outy ................................................................................................... 27 .. HOU81NG AND ECONOMIC DEVELOPMENT (46300- 41100) 26 Housing and Urbam Rodm, oloprnont (HRA) - Cummt  ........................................................ 26 29 - C,,m O ................................................................... 29 30 Eomic Development - Current  (indud bu'mw Ioens, Ixt Aulhodty) ......................... 30 31 - C Ot,ny ................................................................................................ 31 CON8ERVATION OF NATURAL RESOURCEB (411) 32 Cummt ............................................................................................................................ 32 33 C Ouy ....................................................................................................................................... 33 MISCELLANEOUS EXPENDITURE8 (46600-41)200) 34 Kmxts - Curmm  ............................................................................................................. 34 (klx, ,,mr, ,,w, , ) .... An 67,424 6701 121,442 252,346 ,5,038 67,910 30,47 4.121 4,031 I,638 238,059 43,187 33,071 1,/85,912 13,462 .868 38,976 35.314 108,002 319,951 ' 75.391 16.437 35 - cs O ....................................................................................................................... 35 35 Tran.CtaTent ............................................................................................................. 38 37 - Capital OuUay ......................................................................................................................... 37 38 C.mry- Currt  ........................................................................................................... 35 39 - Cpt Ouy ................................................................ . ..................................................... 35 40 Portion C.4nibu'4m (if not aJoclntod) .................................................................................................... 40 41 ImRlflnCe (if not  .................................................................................................................... 41 42 AN Oth - Curront F.xponum; ........................................................................................................... 42 43 - C. Ou (ONLY itwns not matd eim4m) ........................................................... 43 44  P,W F,,, Oueay for E./r, ie F.nd. (w=t, mw=r. otc.) ..................................................... 44 DEBT BERVlCE (47000-471410) 45 Prindl Plyme on Bonds ........................... , ................................................................................... 45 46 Pdn(dpel P,|yrnetl on Oher Long-twin Debt and Sh(xt-tlml Oebt ........................................................ 46 47 InterNt wd Fiscal Chwges .................................................................................................................. 47 46 TOTAL EXPENDmJRES (should equl total on fancl ) ...................................................... 46 31,701 99.861 2.790 655,000 122,269 .... 4,337,430 OTHER FINANCING USE8 49 Principal Paymer - Refunded Bond (payment k) mcrm agent) ........................................................... 49 50  Fnnancing Uses (identify) ............................................................................................................. 50 51 OI Tramrfe to Enter Funds and  Service Funds ..................................................... 51 52 Opera'ng Transfers to Governmental Funds (should equal line 45 on page I) ........................................ 52 53 TOTAL EXPENDITURES AND OTHER FINANCING UBEB (add inn 48-52) ........................................ 53 30.000 4. 367. 430 SECTION II!: ENTERPRISE FUNDS OPERATING STATEMENT SECTION IV: DEBT STATEMENT - ALL FUNDS 600,000 8 TOTAL BONDED DEBT 740,000 3,070,000 3,335,000 4,410,000 72,478 2, 000 3,335,000 3,070,000 3,335,000 000 550,000 75,000 75,000 SECTION V: LIABILITIES, FUND BALANCE AND RETAINED EARNINGS OOVERNMENTALFUNDS - UABlUTIES TOTAL UABlUTIES SPECIAL DEBT CAPITAL GENERAL REVENUE SERVICE PROJECTS FUND FUNDS FUNDS FUNOS 539 009 -- GOVERNMENTAl.FUNDS-FUND EQUITY SPECIAL DEBT CAPITAL EXPENDABLE T FUND BALANCE GENERAL REVENUE SERCE PROJECTS TRUST pIR ',,,, (26320) FUND FUNDS FUNDS FUNDS FUNDS OO_ Rmml "..' 'i3,000 350,669 3 U.r.d-DWo.md 2,509,954 2,_ Unremwd. Und ..... 5,166 222,866. . TOTAL FUND EQUITy,2,515,120 235,866 350,669 ..... 3,1 PROPRIETARY FUNDS - RETAINED EARNINGS RETAINED EARNGS I ENTERPRISE INTERNAL NDASLE TOTAL RETNNI _ (27200) ] FUNDS SERVICE TRUST EARNINGS ,R, Qlervod )'7 , U3 u ......  / ' U U. 2,179 933 2,179,93_ i'r aumumm  2,766,963 2,766 ,,96_ SECTION VI: BUDGET AND ACTUAL COMPARISONS (connued on next page) ! Financial Report for the City of 0rtonville, SUMMARY FINANCIAL REPORTS For the City of Ortonville for the Year Ended December 31, 1998 The purpose of these financial reports is to provide a summary of financial information concerning the City of Ortonville for ended December 31, 1998. the complete audited financial statements may be examined at the City Office, 315 Madison Ortonville, MN 56278. Questions about these reports should be directed to Roman Taffe, City Clerk-Administrator, (320) c of ORTONVILLE cny of BIG STONE City-owned Enterprise Funds: Check thooe th lqp. , w,. [] s-., [] ,.se [] u, [] Hop.., MH HACA Home PEP, ANd Other SECTION h REVENUES Include all governmental funds, exp trust funds and (xlpommt units. F.xciude  lunds. For State Use Only De Revlewld Auda Fm Audns Opln!on i N Tax b/ SpecY Loc GoVt Nd HACA Class Amount TAXES (31000) 1 Property Taxes .............................................................................................................................................. 1 2 Tax Increments (TIF) ................................................................................................................................... 2 3 Franchise Taxes - (fee from private eect(x only) e.g. Clble "IV .......................................................................... 3 4 Local Sales Taxes ............................................................................................................................................ 4 5  Taxes ........................................................................................................................................... 5 S  Tax ................................................................................................................................................... 6 7 Grave| Tax ..................................................................................................................................................... 7 8 SPECIAL ASSESSMENTS (36100) fmclude ddmquent charges) ................................................................... 8 9 LICENSES AND PERMITS (320Q0) ................................................................................................................ 9 INTERGOVERNMENTAL REVENUES (338 FEDERAL - Community Dev Block Grants (CDBG,SCDPG) 10 (include Entitlemen CFDA Ir!4218,14.219.14.228) ................................................................. 10 11 - Other Federal Grants ................................................................................................................ 11 12 STATE - Local Government Aid (1.GA) ....................................................................................................... 12 13 - HACA .............................................................................................................................................. 13 14 - Manufactured Home HACA .............................................................................................................. 14 15 -Local Perforrmmce Aid ...................................................................................................................... 15 16 -Taconlte Homestead Cmli .............................................................................................................. 16 17 - Taoonite Aids ..................................................................................................................................... 17 18 - PERA Aid ....................................................................................................................................... 18 19 - Highways (State Aid Stnmt) .............................................................................................................. 19 20 - Other State Grants and Aids (pok:e, fire) ............................................................................................ 2)0 21 COUNTY - Highways ...................................................................................................................................... 21 22 - Other County Grar ......................................................................................................................... 22 23 LOCAL UNITS - IRRRB Grantl ...................................................................................................................... 23 24 - Othe Local Unltl Granll ......................................................................................................... 24 CHARGES FOR SERVICES (34000) 25 General Govlmlmmlt (include auto mlblUon, tlklg fees) ......................................................................... 25 26 Po, wxl F Conac ............................................................................................................................... 26 27 Oth Public SafMy (Include arnbulnce) ......................................................................................................... 27 28 Sm  HH.ys .............................................................................................................................. 2S 29 C, Recycling and Other Refuee (onNqbe fund  ixMemDd) .................................................... 29 30 Ubrarkm ........................................................................................................................................................ 30 31 Parks and Recreedon (inctude dry hall ront, ommun center, i-k dedilion fro) ......................................... 31 32 Airpor Cm(dude hangar rent) ......................................................................................................................... 32 33 Tran ................................................................................................................................................................ 33 34 Cemetuy  rx ukm) ............................................................................................................................... 34 35 ouw Sme Chau (xde SC.) ................................................................................................... 35 36 FINES AND FORFEITS (35000) ........................................................................................................................ 36 MSSC REVENUES (00) 37 Intlm  (emtngl lnd  .......... .,o.... .................... ... .................................................. . 37 38 All (:Yam" Rev,. (ldenJ} .,....,.,, .................................................................................................... 38 39 TOTAL REVENUES (should equal total on  statement) ......................................................................... 39 (round to mmre dollar) 339,398 3,840 6,533 6 qq 290116 ;?R7 66,921 2,790 68.744 8,283 12,022 5,529 , .89,985 106,380 ....... 1,733,845 . OTHER  SOURCES 4o mmw - Bo, o,,.,ed (..t p.x,o) ........................................................................................................... 4O 41 - Other Lon Debt ....................................................................................................................... 41 42 - Short-term Debt .............................................................................................................................. 42 43 O,wFm.cSo[xvm/) ...................................................................................................................... 43 44  Tmnsfm from EJrprbe Funds and Intem Service Funds ............................................................ 44 45 C TnmMem from  Funds (hould equ/Ine 52 on i0e 2) ............................................ 45 46 TOTAL REVENUES AND OTHER FINANCING SOURCES (add  345) ............................................ 46 3,257,140 715,793 30:000 5.736.778 SECTION lh EXPENDITURES I._ __ Ill .--,.T.-, funds, ..-_'_ mt funds wd oqxmt u. E.--  funds GENERAL GOVERNMENT (41000) 1 MayorandCounci ................................................................................................................................ 1 2  and Fimaco (todc/Immsuror, delxaty dork. otc.) .............................................................. 2 3 C)Ur Gener Govwnment (dry hall. elecIM*, . mxlR. legal, e-) .......................................... 3 4 Gem Government- coa Ouy .................................................................................................... 4 PUBLIC SAFETY (42000) 5 Police - Curren F (inducle ponce relef, forfelture fund) ......................................................... 5 6 6 .C..arOuy ........................................................................................................................... 7 Aml:xance-CummtF.xpenditurm(indudermcueequad. lstmsponde) ........................................... 7 S - Cap Ouy .................................................................................................................. 8 9 Fire - Currant  (inckxle fire ndief) ..................................................................................... 9 o - co Oiy .............................................................................................................................. lo 11 O'4.m. P - Cun-ont Expen6,tur (indudo ImNng irocUon amd flood oml) ........................... 11 12 -C.qJOutJay ........................................................................................................... 12 STREETS AND HIGHWAYS (43100) 13 Stet Maintenance and Storm Sewers (indude llet ciming) ............................................................ 13 14 Snow and los Rernovsl ......................................................................................................................... 14 15 Street En0ineer ................................................................................................................................ 15 16 Seet L ...................................................................................................................................... 16 17 Stnmt ConsUuctn - C Outy (indude b, sidewalks and sm sews) ............................... 17 s str.et - Oth.r  Ou.y (bukr, X  eqpm.nt) .......................................................................... 8 SANITATION (EXCLUDE SEWER) (43200) 19 Garbage md Other Refuse CohcUon md Di (ent fund a(x:oun Pmferreq) .................... 19 m smon - C.p Ouy .................................................................................................................... m HEALTH (44100) 22 Cwr.nt  ............................................................................................................................ 22 23 Capal Out/y ....................................................................................................................................... 23 CULTURE AND RECREATION (4000) 24  - Cummt  ............................................................................................................ 24 25 . ce oua,y ....................................................................................................................... 25 26 Parks and Recreaon - Currant E fmdude mmun ,mm', Calde TV) ............................... 26 27 -  Outy ................................................................................................... 27 .. HOU81NG AND ECONOMIC DEVELOPMENT (46300- 41100) 26 Housing and Urbam Rodm, oloprnont (HRA) - Cummt  ........................................................ 26 29 - C,,m O ................................................................... 29 30 Eomic Development - Current  (indud bu'mw Ioens, Ixt Aulhodty) ......................... 30 31 - C Ot,ny ................................................................................................ 31 CON8ERVATION OF NATURAL RESOURCEB (411) 32 Cummt ............................................................................................................................ 32 33 C Ouy ....................................................................................................................................... 33 MISCELLANEOUS EXPENDITURE8 (46600-41)200) 34 Kmxts - Curmm  ............................................................................................................. 34 (klx, ,,mr, ,,w, , ) .... An 67,424 6701 121,442 252,346 ,5,038 67,910 30,47 4.121 4,031 I,638 238,059 43,187 33,071 1,/85,912 13,462 .868 38,976 35.314 108,002 319,951 ' 75.391 16.437 35 - cs O ....................................................................................................................... 35 35 Tran.CtaTent ............................................................................................................. 38 37 - Capital OuUay ......................................................................................................................... 37 38 C.mry- Currt  ........................................................................................................... 35 39 - Cpt Ouy ................................................................ . ..................................................... 35 40 Portion C.4nibu'4m (if not aJoclntod) .................................................................................................... 40 41 ImRlflnCe (if not  .................................................................................................................... 41 42 AN Oth - Curront F.xponum; ........................................................................................................... 42 43 - C. Ou (ONLY itwns not matd eim4m) ........................................................... 43 44  P,W F,,, Oueay for E./r, ie F.nd. (w=t, mw=r. otc.) ..................................................... 44 DEBT BERVlCE (47000-471410) 45 Prindl Plyme on Bonds ........................... , ................................................................................... 45 46 Pdn(dpel P,|yrnetl on Oher Long-twin Debt and Sh(xt-tlml Oebt ........................................................ 46 47 InterNt wd Fiscal Chwges .................................................................................................................. 47 46 TOTAL EXPENDmJRES (should equl total on fancl ) ...................................................... 46 31,701 99.861 2.790 655,000 122,269 .... 4,337,430 OTHER FINANCING USE8 49 Principal Paymer - Refunded Bond (payment k) mcrm agent) ........................................................... 49 50  Fnnancing Uses (identify) ............................................................................................................. 50 51 OI Tramrfe to Enter Funds and  Service Funds ..................................................... 51 52 Opera'ng Transfers to Governmental Funds (should equal line 45 on page I) ........................................ 52 53 TOTAL EXPENDITURES AND OTHER FINANCING UBEB (add inn 48-52) ........................................ 53 30.000 4. 367. 430 SECTION II!: ENTERPRISE FUNDS OPERATING STATEMENT SECTION IV: DEBT STATEMENT - ALL FUNDS 600,000 8 TOTAL BONDED DEBT 740,000 3,070,000 3,335,000 4,410,000 72,478 2, 000 3,335,000 3,070,000 3,335,000 000 550,000 75,000 75,000 SECTION V: LIABILITIES, FUND BALANCE AND RETAINED EARNINGS OOVERNMENTALFUNDS - UABlUTIES TOTAL UABlUTIES SPECIAL DEBT CAPITAL GENERAL REVENUE SERVICE PROJECTS FUND FUNDS FUNDS FUNOS 539 009 -- GOVERNMENTAl.FUNDS-FUND EQUITY SPECIAL DEBT CAPITAL EXPENDABLE T FUND BALANCE GENERAL REVENUE SERCE PROJECTS TRUST pIR ',,,, (26320) FUND FUNDS FUNDS FUNDS FUNDS OO_ Rmml "..' 'i3,000 350,669 3 U.r.d-DWo.md 2,509,954 2,_ Unremwd. Und ..... 5,166 222,866. . TOTAL FUND EQUITy,2,515,120 235,866 350,669 ..... 3,1 PROPRIETARY FUNDS - RETAINED EARNINGS RETAINED EARNGS I ENTERPRISE INTERNAL NDASLE TOTAL RETNNI _ (27200) ] FUNDS SERVICE TRUST EARNINGS ,R, Qlervod )'7 , U3 u ......  / ' U U. 2,179 933 2,179,93_ i'r aumumm  2,766,963 2,766 ,,96_ SECTION VI: BUDGET AND ACTUAL COMPARISONS (connued on next page) !