The city of Coon Rapids estimates that it received less revenues than anticipated in 2013, but it spent less, too.
According to Kevin Vouk, manager of accounting/treasurer, expenditures, factoring in carry-forwards of $208,489 to 2014, are anticipated to be $723,200 or 2.8 percent, under the amended 2013 budget of $26,179,738.
Meantime, Vouk’s report shows that revenues are projected to be $107,483 or 0.4 percent under the amended revenue budget of $26,773,475.
General property tax revenues are $183,022 under estimates and investment income is $517,000 below the estimate, but charges for services have increased $383,906 over the estimate, Vouk states in his report.
Peter Bodley is at email@example.com