7. 2022 EDA DRAFT Budget 8-9-20212022 Draft Budget
Budget Actual Budget Actual Preliminary dif over PY
TypeCode Description 2020 2020 2021 6/30/2021 2022 Budget Notes
FUND 225 EDA
R 225-31000 Washington City. Tax Settlement 5,000 4,635 5,000 - 5,000 - < 0.0185% of the Tax Capacity in the city; 2021: $147,158; 2022: $150,608
R 225-33640 Other Grants - - - - - - No anticipated grant revenues for 2021 at this time.
R 225-36210 Interest Income - - - - 200 200 Interest earnings to be redistributed
R 225-39203 Transfer from Other Funds - - - - - - No anticipated Transfers for 2021
TOTAL FUND 225 REVENUE 5,000 4,635 5,000 - 5,200 200
E 225-46500-210 Operating Supplies - - 500 175 (500) Mailing supplies, tourism promotion, and domain for tourism website.
E 225-46500-303 Engineering Fees - - - - 5,000 5,000 Utility Study Rate Analysis
E 225-46500-304 Legal Services - 75 - - - -
E 225-46500-308 Other Professional Services 800 670 250 - 125 (125) Scandia Holiday Market
E 225-46500-340 Advertising - - - - - - Budget for Tourism Promotion
E 225-46500-440 Events - - - - 400 400 Business Breakfasts, Chamber Events
E 255-46500-433 Dues and Subscriptions - - - - 1,650 1,650 $325 for EDAM Dues, $325 Forest Lake Area Chamber, MN Rural Broadband Coalition $1K
E 255-46500-720 Transfer Out - - - - - -
TOTAL FUND 225 EXPENDITURES 800 745 750 175 7,175 6,425
NET REVENUE OVER EXPENSES dif 4,200 3,890 4,250 (175) (1,975) (6,225)
Line-Item Budget
2022 Draft Budget 8/9/2021 Page 1 of 1