ANNUAL REPORT FOR CITY OF BIG STONE CITY AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2021
ANNUAL REPORT FOR CITY OF BIG STONE CITY
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2021
GOVERNMENTAL FUNDS-MODIFIED CASH Basis
Total
General Fund Governmental Funds
Beginning Balance 103,784.97 103,784.97
Revenues and Other Sources:
Taxes:
Property Taxes 133,677.48 133,677.48
General Sales and Use Taxes 370,267.61 370,267.61
Penalties and Interest on Delinquent Taxes 3,039.59 0.00
Licenses and Permits 5,137.00 5,137.00
Intergovernmental Revenues:
State Shared Revenue 64,811.78 64,811.78
County Road Tax 1,240.73 1,240.73
Charges for Goods and Services:
General Government 90.00 90.00
Sanitation 57,371.90 57,371.90
Culture and Recreation (158.08) (158.08)
Miscellaneous Revenue and Other Sources:
Investment Earnings 1,494.91 1,494.91
Rentals 1,200.00 1,200.00
Other Revenues 8,569.47 8,569.47
Total Revenue and Other Sources 646,744.37 646,744.37
Expenditures and Other Uses:
Legislative 17,652.34 17,652.34
Executive 2,413.50 2,413.50
Elections 1,042.38 1,042.38
Financial Administration 95,238.52 95,238.52
Other General Government 19,294.50 19,294.50
Police 102,534.22 102,534.22
Fire 23,767.45 23,767.45
Highways and Streets 290,409.82 290,409.82
Sanitation 65,044.36 65,044.36
Health 692.31 692.31
Recreation 5,791.17 5,791.17
Parks 31,004.18 31,004.18
Libraries 2,102.40 2,102.40
Economic Development and Assistance 3,802.03 0.00
Total Expenditures and Other Uses 660,789.18 656,987.15
Increase/Decrease in Fund Balance (14,044.81) (10,242.76)
Ending Fund Balance:
Unassigned 89,740.16 89,740.16
Total Ending Fund Balance 89,740.16 89,740.16
PROPRIETARY FUNDS-MODIFIED CASH Basis
Water Fund Sewer Fund Electric Fund Liquor Fund
Beginning Balance 419,529.18 132,176.75 1,016,517.46 403,745.84
Revenues 280,811.54 88,226.52 1,194,392.41 589,149.22
Expenses 196,929.36 66, 374.77 976,467.63 492,677.33
Ending Balance:
Restricted for:
Unrestricted 503,411.36 154,028.50 1,234,442.26 500,217.73
The preceding financial data does not include fiduciary funds or component units. Information pertaining to those activities may be obtained by contacting the municipal finance officer at1-605- 862-8121.
Municipal funds are deposited as follows:
Depository Amount
Minnwest Bank $2,365,023.41
SD Public Funds Investments $116,816.60
Category:
Grant County Review
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