Receipts for 2020 Road Improvement Fund for July 2021.

417 2020 Road Improve ($616,408.54) $5,759.21 $278,398.27 $0.00 $0.00 $0.00 ($889,047.60) In Bal

Year-to-date other miscellaneous revenue received in 2024.

Other Miscellaneous 2,500 52,500 55,875 106.43%

2025 projected recycling revenues (fees and Anoka County grant).

Total revenues for recycling are $55,320 which are derived from fees for recycling and from Anoka County.

2022 budgeted intergovernmental revenue.

<tr> <td>Intergovernmental Revenue</td> <td>54,305</td> <td>411</td> <td>0.76%</td> </tr>

Miscellaneous-Other revenue over budget due to conduit debt issue fee in 2024.

Miscellaneous-Other were $53,375 over budget due to conduit debt issue fee.

Amended 2024 budget for other miscellaneous revenue.

Other Miscellaneous 2,500 52,500 55,875 106.43%

Net profit after deductions for lawful gambling site.

E) Line C minus (-) Line D E) 51,606.48

F5_2021_lga_51000

2021 LGA revenue discussed as a levy-offsetting source. Bucket: Local Government Aid

2021 Local Government Aid (LGA) revenue.

LGA, intended to soften the blow of levy increases, for 2021 is $51,000 - already got the first half payment, and other half will come at the end of the year.

Proposed 2022 Recycling Fund revenues

Proposed 2022 Recycling Fund total revenues. Bucket: Recycling Fund

2023 proposed intergovernmental revenue.

<td>Intergovernmental Revenue</td> <td>50,560</td>

Year-to-date receipts from licenses and permits as of June 30, 2019.

<tr> <td>Licenses and Permits</td> <td>96,180</td> <td>50,559</td> <td>52.57%</td> </tr>

Year-to-date revenue from Other Miscellaneous sources as of June 2024.

<td>Other Miscellaneous</td> <td>2,500</td> <td>50,212</td> <td>2008.48%</td>

FIN-016

Potential revenue for allowing a St. Francis senior housing project to use Nowthen's bonding ability; future public hearing and resolution were expected. Bucket: St. Francis senior housing conduit bond revenue opportunity

F021

Fourth quarter financial report says the city received this amount from conduit debt issuance for the City of St. Francis senior housing project. Bucket: Conduit debt issuance revenue

Conduit bond revenue discussed

Finance Consultant Yager said the city received $50,000 for the conduit bond. Bucket: Conduit bond revenue

Revenue from conduit debt issuance for St. Francis senior housing project.

The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

Revenue from Saint Francis used to offset fund balance usage.

3\. Are we using the 50K from Saint Francis to not have to use Fund Balance? Yes, that is part of the reason. The other part is additional money from the county and under spending in Public Works

Revenue from conduit debt issuance for St. Francis senior housing project.

The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

St. Francis Revenue Bonds revenue budget amendment for 2024.

General Fund - Other Misc. $50,000 - St. Francis Revenue Bonds

Conduit debt issuance revenue

Revenue received from the conduit debt issuance for the City of St. Francis senior housing project. Bucket: Conduit debt issuance revenue

Revenue from conduit debt issuance for St. Francis senior housing project.

The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

Potential revenue for Nowthen from conduit bonding for St. Francis Senior Housing project.

G. Conduit bond for Senior Housing in St. Francis. This is an opportunity to use the city's bonding ability to receive up to $50,000 for letting the Senior Housing project in St. Francis use Nowthen's bonds. It is a 134-unit property on Ambassador and three (3) cities are participating.

St. Francis revenue bonds fee

Conduit bond issuance fee collected for City of St. Francis revenue bonds; proposed budget amendment was tabled. Bucket: 2024 budget amendment revenue

Revenue received for the conduit bond.

The Mayor Pilon stated that we also received less money from the state/federal government than had been budgeted for. Finance Consultant Yager stated it was approximately $30,000, but we received $50,000 for the conduit bond so we are better off than was budgeted for, however, are still using some fund balance for the year.

Revenue received from conduit bond.

Finance Consultant Yager stated it was approximately $30,000, but we received $50,000 for the conduit bond so we are better off than was budgeted for, however, are still using some fund balance for the year.

FY2022 recycling revenues

Proposed 2022 recycling fund total revenues. Bucket: Recycling

Increase in property tax revenues over 2022.

Property tax revenues are up 5% - $48,070, fines & forfeitures are up 24% - $1,523 and interest earnings are up 117% $10,567 compared to 2022.

Increase in property tax revenues compared to 2022.

Property tax revenues are up $48,000

2020 intergovernmental revenue

2020 budgeted intergovernmental revenue. Bucket: Intergovernmental Revenue

2020 budgeted intergovernmental revenue.

Intergovernmental Revenue 47,340 422,140 891.72%

Increase in total city revenues through June compared to 2023.

Total city revenues through June are up about 5% or $47,000 when compared to June 30, 2023. The city received $50,000 from the conduit debt issuance for the city of St. Francis senior housing project.

Increase in license and permit fees compared to prior year.

License & Permit fees are up $45,000

Total increased revenue budget for 2024 budget amendment.

The total expenditure budget adjustment of $137,000 will be offset by the $45,000 increased revenue budget and by moving budget from Public Works which was under budget by approximately ($150,000).

Increase in license and permit fees compared to 2023.

License & Permit fees are up $45,000

First half of 2021 Small City Road Funds received.

Small city road Funds for 2021 was around $89,000, with half received in June/July and the other half at the end of the year.

Second half of 2021 Small City Road Funds to be received.

Small city road Funds for 2021 was around $89,000, with half received in June/July and the other half at the end of the year.

Increase in permit revenues over 2023.

permit revenues are up 34% - $44,000, interest earnings are up 11% - $6,000 and miscellaneous revenues are up 280% or $41,000 compared to 2023.

Increase in license and permit revenues compared to prior year.

License and Permit revenues are up $44,000 and property tax revenues are up $128,000.

Increase in license and permit revenues compared to prior year.

License and Permit revenues are up $44,000 and property tax revenues are up $128,000.

Increase in interest earnings over 2022.

Property tax revenues are up 2% - $37,524, interest earnings are up 258% $43,549 compared to 2022.

Interest income revenue over budget for 2024.

Interest income revenues were more than budget by $42,933 because of the improved interest rates in 2024.

2012A Refunding Bond Fund receipts for the period.

311 2012A Refunding B $99,008.70 $41,792.59 $83,275.00 $0.00 $0.00 $0.00 $57,526.29 In Bal

Increase in miscellaneous revenues over 2023.

miscellaneous revenues are up 280% or $41,000 compared to 2023.

License and permit revenue over budget for 2024.

License and permit revenue were more than budget by $40,718 because of increased permit activity.

2019A Improvement Fund receipts for the period.

315 2019A Improvemen $393,303.88 $40,275.25 $133,925.00 $0.00 $0.00 $0.00 $299,654.13 In Bal

2021 General Fund revenue from miscellaneous sources.

Miscellaneous 12,222 40,108 35,652 Total Revenues $ 1,772,181 $ 2,380,190 $ 2,308,099

Balance of 50% of the Pinnaker Lake Road Improvement Project expenses assessed to residents.

Total Disbursements $136,926.88 (Less) Total Resident Prepaid $35,760.00 Pinnaker Lk Fund Expense $101,166.88 (Less) Balance of 50% Assessed to Residents $40,026.35 CITY OF NOWTHEN RESPONSIBILITY $61,140.53

2019 actual intergovernmental revenue.

Intergovernmental Revenue 422,140 39,526 38,384

2022 budgeted miscellaneous revenue.

<td>Miscellaneous</td> <td>39,500</td>