2020 CITY OF CLEARWATER SUMMARY BUDGET DATA

The purpose of this report is to provide summary 2020 budget information concerning the City of Clearwater to interested citizens. The budget is published in accordance with Minnesota Statutes Section 471.6965. This budget is not complete: the complete budget may be examined at the Clearwater City Hall, 605 Cty Rd 75, Clearwater, MN. The City Council adopted

this budget on December 9, 2019.

Governmental Funds

2019 2020

Budget Budget

Revenues
Taxes	$ 901,664	$ 992,505
Tax Increments	-	-
All Other Taxes (franchise, hotel/motel, etc.)	240,000	240,000
Special Assessments	48,424	66,621
Licenses and Permits	55,875	55,875
Federal Grants	-	-
State General Purpose Aid	33,900	33,900
State Categorical Aid (state aid for streets, etc.)	-	-
Grants from County and Other Local Governments	-	-
Intergovernmental Revenues	322,987	353,520
Charges for Services	212,022	191,389
Fines and Forfeitures	4,000	1,500
Miscellaneous Revenue	-	-
Interest Earnings	11,000	11,000

Transfers from Other funds (incl.EnterpriseFunds) 2,000 2,000

TotalRevenues 1,831,872 1,948,310

Expenditures

General Government	493,212	401,250
Public Safety	478,597	527,535
Public Works	277,945	275,959
Culture and Recreation	89,089	127,143
EDA	863	71,718
Sanitation	-	-
Capital Outlay, General government	335,887	315,000
Capital Outlay, Public works	-	-
Debt Service	130,000	115,000
Interest and Fiscal Charges	51,229	90,298
Transfers to Other Funds	12,041	12,041
Miscellaneous Expenses	670 690
Total Expenditures	1,869,533 1,936,633
Net revenues over expenditures	$ (37,660) $ 11,677
Property Tax Levy - All Funds	$ 1,071,664 $1,162,504