HomeMy WebLinkAbout05(B) - Approval of Preliminary 3rd Quarter 2025 Financial Reports Report
ITEM: 5B
CITY COUNCIL AGENDA REPORT
MEETING DATE: November 12, 2025
PREPARED BY: Angela Gieseke, Financial Analyst / Accountant
Jason Etter, Senior Financial Analyst / Senior Accountant
Nicole Klekner, Finance Director
PRESENTED BY: Nicole Klekner
AGENDA ITEM: Approval of Preliminary 3rd Quarter 2025 Financial Reports
RECOMMENDED ACTION:
Approve the September 30, 2025 Financial Report as submitted.
BACKGROUND:
Staff have prepared preliminary summary financial reports for the City of Prior Lake (attached) as
of September 30, 2025. The reports reflect revenue and expenditure activity during the third
quarter of 2025. The reports are preliminary and unaudited but unlikely to change. Comparative
information has been included for the same period of the prior year.
This agenda report provides a summary of September 30, 2025, financial results. Information is
provided for following funds:
General Fund
Debt Service Funds
Cable Fund
Capital Park Fund
Revolving Equipment Fund
Revolving Park Equipment Fund
Facilities Management Fund
Permanent Improvement Revolving (PIR) Fund
Water Fund
Sewer Fund
Water Quality Fund
Economic Development Authority Special Revenue Fund
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Revenue:
Estimated
Favorable/(unfavorable) to
DescriptionAmended Budget Comments for Staff Estimates
Taxes$ 42,000
State Aid estimated to be $200k above budgeted amount, offset by capital grants
Intergovernmental 111,000budgeted in 2025 but likely to be received in 2026
1) New residential units at 51% of budget (36 budgeted/70 estimated for the year) 2)
includes one multi-family apt bldg (Rachel Development) and new Commerical
Item 5B
Charges for Services (57,000)construction building permit fees
Page | 2
Interest earnings and unrealized gain on investments higher than budget (118k int and
Interest (losses) on investments 483,000198k unrealized gain fav to budget)
FINANCIAL IMPACT:
1) $73k above budget on admin fee revenue per development agreements due to timing
Other 158,000of development projects; 2) $40k above budget for misc revenue
Estimated Revenue Variance to Budget$ 737,000
General Fund 2025 Projection
Staff has prepared a financial projection for the General Fund. Our assumptions and projections
are based on the information we have today and may change as we get updated information. The
estimated change in (use of) General Fund reserves is $833,000.
Preliminary 2025 Estimate
Total
Total Revenues $ 23,012,000
Total Expenditures $ 22,179,000
Net Change-Add to Fund Balance $ 833,000
2025 Estimated Year End Fund Balance Reserve % 59%
Shown below is a summary of the components of the estimated change in Fund balance.
Components of Net Add to Fund Balance:
Revenue more than budget $ 737,000
Expenditures less than budget 846,000
Planned Use of Reserves (750,000)
Net Change-Add to Fund Balance $ 833,000
The drivers of the estimated add to fund balance are summarized below:
Revenue - $737,000 favorable to budget with drivers shown below.
Expenditures:
Estimated
Favorable/(unfavorable) to
DescriptionAmended Budget Comments
Open positions in Community Development and Public Works. Savings in Police OT and
Personnel 523,000 worker's comp savings in all departments.
Budgeted at a higher fuel rate of $3.50/gallon. Price has subsequently dropped to an
Fuel 106,000 average of $3.06/gallon through Q3.
Item 5B
Estimated favorability in Street ($57k)and Central Garage ($29k) due to lower repair
Page | 3
Repair and Maintenance Supplies 108,000 needs than budgeted and timing of spend.
Estimated favorability to budget in Police ($26k), Building Inspection ($10k) and
Expenditures - $846k favorable to budget with drivers shown below.
Engineering ($34k) and Street ($42k) professional services due to changing business
needs and project timing. Offset by Finance professional services spend for interim
Professional Services across departments 51,000 Assistant Finance Director.
All Other 58,000 Primarily Training & Employee Development and Heavy Equipment Rental.
Estimated Expenditure Variance to Budget$ 846,000
Planned Use of Reserves - $230k planned use of reserve for budget amendments
primarily for Police Department server updates, annexation area AUAR study, and
Facilities project needs carried forward from 2024 due to changes in project timing. $230k
planned use of reserve for Police Department salary adjustments due to compensation
study completed in 2025 as part of union negotiations. $290k planned use of reserve for
transfer to Capital Park Fund for TH13 Trail Segment 1.
See Attachment 1 for 2025 General Fund Projection.
General Fund 2025 Summary through September 30
Preliminary financial information reflects expenditures exceeding revenues by $1,494,669. This
is primarily due to the police, fire and streets state aids that are received in October along with
the second half tax settlement that we will receive in December.
General Fund Revenues/Transfers In
Revenues of $13,816,766 are 62% of the budgeted amount.
Property taxes are at 52% of the budgeted amount. Property taxes are received in June,
December, and January.
Licenses and permits are 93% of budget. Building permits (single family and townhomes) were
budgeted at 70 units for 2025 and the actual units through the third quarter are 27. The following
table provides a breakdown of the 1/1 – 9/30 activity by year.
Year Single Townhomes Multiple Commercial / Other Total Change
Family Units Industrial Permits from PY
2025 23 4 1 3 1700 1731 -2%
2024 46 4 1 3 1721 1775 -4%
2023 59 0 1 3 1795 1858 -5%
2022 74 4 0 1 1870 1949 -14%
2021 102 0 0 4 2150 2256 -3%
The first half payments were received for Municipal State Road and Bridge Aid and the township
fire agreements. Municipal State Aid for Police and Fire will be received in the fourth quarter.
Item 5B
Page | 4
SMSC Police Aid of $1.05M has been received so far in 2025 which is equal to 75% of the $1.4M
budget for this line item.
First and second quarter franchise fees are included in this report and represent 47% of the
budgeted amount. Third-quarter fees will be recorded in October and reported in the fourth quarter
report.
Project engineering fees are currently 75% of its annual budget. The 2025 project
admin/engineering fee is the cost for internal work done on city construction projections. City staff
time on the projects is charged over the life of the project, which is typically three years and
includes planning, construction, and project closeout.
Interest earnings are 108% of its budget. The report also reflects a YTD $158k increase in the fair
value of the securities. This is a paper gain; no actual gain is realized because the city holds the
securities until maturity.
Court fines are 69% of the budget. The amount of revenue is $74k through the third quarter. The
quarterly corresponding pass-through expenditures are paid out in the subsequent quarter. The
revenue received from the State of MN is paid out to Scott County on a quarterly basis.
Transfers in through Q3 include budgeted operating transfers in of $461,250 from the utility funds
and a transfer in of $11,975 from the Public Safety special revenue fund.
General Fund Expenditures/Transfers Out
General Fund expenditures of $15,311,435 for 2025 represent 67% of the $23,024,456 amended
budget. The level of expenditures (as a percent of budget) is consistent with 2024. Key points
related to expenditures for the third quarter of 2025 are as follows:
Personnel expenditures are slightly lower than budgeted due to timing, with more spend
in the second half of the year with the November election and open positions in Community
Development and Public Works being filled. Overtime in the Police department is lower
than budget due to efforts in the department to reduce this expense. Workers
compensation savings also contributed. The city’s insurer, LMCIT, reduced the rates by
5% based on updated actual and projected claim costs. This will result in a YTD estimated
workers comp expenditure savings of $119k.
Supplies expenditures are lower than budget due to the average cost of fuel being $3.06
per gallon through Q3 instead of the $3.50 per gallon budgeted, timing of uniform/PPE,
not as many general repairs as anticipated, and small equipment purchases.
Maintenance agreements expenditures are lower than budgeted due to the timing of
spend on trails and sidewalk maintenance.
Budgeted transfer-out is for the debt service on the market value reference bond issue for
Fire Station 2. Actual through Q3 includes the interest payment on the bond issue. The
principal payment will be made in Q4.
Debt Service Funds
Property taxes and special assessments are received in June, December, and January (final tax
settlement). Prepayments have been received for special assessments.
Scheduled bond payments (interest) were made in June. Additional bond payments (principal and
interest) will be due mid-December.
Item 5B
Page | 5
Cable Fund
Second quarter franchise fees collected in July and August are included in this report. Third-
quarter fees will be collected in October and reported in the fourth quarter report.
Capital Park Fund
We have received $53k in grant funding for the TH13 Trail Segment 5 which was completed
earlier this year. $290k was transferred from the General fund to help with the costs of TH13 Trail
Segment 1 and we still expect to receive $1M in Federal funding. Park Dedication Fees are at
77% of the 2025 budget.
General professional service expenditures include Segment 1 (CR 42 to Oakland) of the TH13
Trail project. This project is well underway, and we’ll see a majority of the expenditures in the
fourth quarter.
Revolving Equipment Fund
Property taxes, the primary funding source, are received in June, December, and January (final
tax settlement). Sale of property has brought in $106k of unbudgeted revenue.
93% of the Council approved purchases have been made through the third quarter.
Revolving Park Equipment Fund
Property taxes, the primary funding source, are received in June, December, and January (final
tax settlement). It was decided that bonding was not needed in 2025 for current year projects.
Infrastructure expenditures of $590k for the Ponds Park Ph 2 project have been incurred year to
date.
Facilities Management Fund
Property taxes, the primary funding source, are received in June, December, and January (final
tax settlement). It was decided that bond proceeds were not needed in 2025 for current year
projects.
The City Hall water damage project has been completed.
Permanent Improvement Revolving Fund-
No projects are budgeted in 2025. However, we will share in the cost of pedestrian ramp
improvements in the CR82 Overlay Cooperative Agreement with Scott County. Our share is $65k.
Water Fund
The financial report for the Water Fund reflects four billing cycles. Consumption increased from
2024 due to less precipitation compared to 2024, and operating revenues are up from the prior
year by $546k due to higher consumption and fees. Water revenues are at 55% of the 2025
budget which is higher than third quarter 2024. Summer water and sewer consumption from May
21 through July 20 was billed on August 1 and reflected in this report. Summer water and sewer
consumption from July 21 through September 20 was billed on October 1 and will be reflected in
the fourth quarter report.
Expenditures and transfers for 2025 are slightly higher than this time in the previous year.
Expenditures are slightly higher due to higher consumption as well as additional assets that were
Item 5B
Page | 6
capitalized in 2024 compared to 2025. Operating expenditures and transfers at 46% of the
approved budget.
Sewer Fund
The financial report for the Sewer Fund reflects four billing cycles. Consumption increased from
2024, and operating revenues are up from the prior year by $460k due to increase in fees plus
additional consumption. Sewer consumption is not impacted as significantly as water for summer
irrigation due to the summer sewer rate break. Overall sewer revenues are at 59% of the budget
which is slightly higher than third quarter 2024.
Operating expenditures and transfers for 2025 are consistent with third quarter 2024. Operating
expenditures and transfers at 51% of the approved budget.
Water Quality Fund
The financial report for the Water Quality Fund reflects four billing cycles. Water Quality revenues
are based on flat rates per billing cycle. Revenues are slightly higher than 2024 due to increased
rates and are at 57% of the budget which is consistent with third quarter 2024.
Operating expenditures and transfers are higher compared to the third quarter 2024 due to higher
transfers for the water quality portion of the 2025 pavement management project and the
Martindale/Henning project. Operating expenditures and transfers at 58% of budget.
Economic Development Authority Special Revenue Fund
Property taxes are received in June, December, and January (final tax settlement).
Facility rental payments have been received from Sebastian Automotive.
Expenditures are at 16% of the budget as of the end of the third quarter. The city’s Strategic Plan
includes identifying property acquisitions in the downtown area to facilitate future redevelopment
opportunities. The EDA has not purchased any property in 2025.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve the September 30, 2025,
Financial Report as presented.
2. Motion and second to remove the Financial Report from the consent agenda for
additional discussion.
ATTACHMENTS:
1. 2025 General Fund Projection - Attachment 1
2. Q3 2025 Financial Report - Attachment 2
Attachment 1
City of Prior Lake
General Fund Summary - 2025 Projection
As of 9/30/2025
(Preliminary & Unaudited)
Variance from
2025 2025 2025 Amended Budget - % BDGT
Budget Amended Projection Positive (Negative)USED
Revenues
Taxes 15,111,220 15,111,220 15,153,314 42,094 100%
Licenses and Permits 550,842 550,842 544,273 (6,569) 99%
Intergovernmental 3,606,584 3,712,834 3,824,312 111,478 103%
Charges for Services 1,795,722 1,795,722 1,739,019 (56,703) 97%
Fines and Forfeitures 108,000 108,000 112,001 4,001 104%
Interest (losses) on investments 257,500 257,500 740,242 482,742 287%
Other 123,800 123,800 283,430 159,630 229%
Transfers in 615,000 615,000 615,000 - 100%
Total Revenues 22,168,668 22,274,918 23,011,591 736,673 103%
Expenditures
General Government 4,541,183 4,637,568 4,455,074 182,494 96%
Public Safety 11,717,615 12,004,043 11,699,767 304,276 97%
Public Works 2,894,521 3,055,021 2,732,121 322,900 89%
Culture and Recreation 2,752,861 2,775,336 2,739,103 36,233 99%
Transfer to other funds 262,488 552,488 552,488 - 100%
Total Expenditures 22,168,668 23,024,456 22,178,552 845,904 96%
Net Change - (749,538) 833,039 1,582,576
(749,538)
833,039
City of Prior Lake
General Fund Summary - Comparison to Prior Year
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Taxes 15,115,220 15,115,220 7,875,591 7,239,629 52%7,097,958 777,633
Licenses and Permits 550,842 550,842 514,273 36,569 93%740,669 (226,396)
Intergovernmental 3,606,584 3,712,834 2,685,764 1,027,070 72%2,501,245 184,519
Charges for Services 1,795,722 1,795,722 1,333,339 462,383 74%1,557,898 (224,559)
Fines and Forfeitures 108,000 108,000 78,459 29,541 73%78,978 (518)
Interest (losses) on investments 257,500 257,500 574,242 (316,742) 223%541,649 32,593
Other 119,800 119,800 281,873 (162,073) 235%138,496 143,377
Transfers in 615,000 615,000 473,225 141,775 77%730,075 (256,850)
Total Revenues 22,168,668 22,274,918 13,816,766 8,458,152 62%13,386,968 429,798
Expenditures
General Government 4,541,183 4,637,568 3,225,835 1,411,733 70%2,909,810 316,025
Public Safety 11,717,615 12,004,043 7,727,049 4,276,994 64%7,029,738 697,311
Public Works 2,894,521 3,055,021 1,977,068 1,077,953 65%2,084,058 (106,991)
Culture and Recreation 2,752,861 2,775,336 2,070,239 705,097 75%1,919,330 150,910
Transfer to other funds 262,488 552,488 311,244 241,244 56%24,244 287,000
Total Expenditures 22,168,668 23,024,456 15,311,435 7,713,021 67%13,967,180 1,344,254
Net Change - (749,538) (1,494,669) 745,131 (580,213) (914,456)
COMPARATIVE
City of Prior Lake
General Fund Revenues
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Taxes
101 31010.00 Current Property Taxes - General Purpos 13,832,904.00 13,832,904.00 7,136,433.56 6,696,470.44 52%6,614,385.24 522,048.32
101 31020.00 Delinquent Property Taxes - General Purp 0.00 0.00 62,093.87 (62,093.87)N/A 24,732.34 37,361.53
101 31040.00 Fiscal Disparities 1,278,316.00 1,278,316.00 675,506.34 602,809.66 53%459,083.48 216,422.86
Taxes 15,111,220.00 15,111,220.00 7,874,033.77 7,237,186.23 52%7,098,201.06 775,832.71
Franchise Taxes
101 31810.00 Franchise Taxes 555,000.00 555,000.00 262,031.82 292,968.18 47%275,822.47 (13,790.65)
Franchise Taxes 555,000.00 555,000.00 262,031.82 292,968.18 47%275,822.47 (13,790.65)
Special Assessments
101 36102.00 County Assess. Collection 4,000.00 4,000.00 1,557.29 2,442.71 39%(243.37)1,800.66
Special Assessments 4,000.00 4,000.00 1,557.29 2,442.71 39%(243.37)1,800.66
Licenses and Permits
101 32100.00 Business Licenses 2,000.00 2,000.00 2,800.00 (800.00)140%2,200.00 600.00
101 32110.00 Liquor Licenses 80,470.00 80,470.00 80,845.00 (375.00)100%73,795.00 7,050.00
101 32120.00 Cannabis Fee 0.00 0.00 4,200.00 (4,200.00)N/A 4,200.00 0.00
101 32160.00 Refuse Haulers 5,900.00 5,900.00 6,990.00 (1,090.00)118%5,935.00 1,055.00
101 32175.00 Public Private Gathering Permit 0.00 0.00 150.00 (150.00)N/A 90.00 60.00
101 32180.00 Cigarette Licenses 2,250.00 2,250.00 3,250.00 (1,000.00)144%2,795.00 455.00
101 32185.00 Food Truck Registration 0.00 0.00 2,175.00 (2,175.00)N/A 0.00 2,175.00
101 32190.00 Community Event Application 2,500.00 2,500.00 2,300.00 200.00 92%1,980.00 320.00
101 32210.00 Building Permits 312,962.00 312,962.00 324,869.42 (11,907.42)104%531,884.17 (207,014.75)
101 32215.00 Mechanical Permits 78,120.00 78,120.00 44,168.41 33,951.59 57%55,195.54 (11,027.13)
101 32230.00 Plumbing Permits 55,620.00 55,620.00 37,373.72 18,246.28 67%55,424.36 (18,050.64)
101 32231.00 Sewer/Water Inspection 4,520.00 4,520.00 1,471.50 3,048.50 33%2,725.00 (1,253.50)
101 32260.00 Burning Permits 5,000.00 5,000.00 2,480.00 2,520.00 50%3,990.00 (1,510.00)
101 32265.00 Banner Permits 0.00 0.00 200.00 (200.00)N/A 0.00 200.00
101 32270.00 Short-term Rental Fee 1,500.00 1,500.00 1,000.00 500.00 67%455.00 545.00
Licenses and Permits 550,842.00 550,842.00 514,273.05 36,568.95 93%740,669.07 (226,396.02)
Intergovernmental
101 33160.11 Fed Aids/Grants - Operating Police 0.00 0.00 6,790.50 (6,790.50)N/A 0.00 6,790.50
101 33416.01 State Aid - Police Train 30,000.00 30,000.00 32,816.18 (2,816.18)109%31,422.91 1,393.27
101 33416.02 State Police Aid-Ins Prem 318,000.00 318,000.00 0.00 318,000.00 0%0.00 0.00
101 33417.00 State Aid - Fire Training 0.00 0.00 43,049.36 (43,049.36)N/A 41,838.64 1,210.72
101 33418.00 State Road & Bridge Aid 476,340.00 476,340.00 499,148.50 (22,808.50)105%443,943.00 55,205.50
101 33420.00 State Fire Aid-Ins. Prem.348,527.00 348,527.00 15,000.00 333,527.00 4%0.00 15,000.00
101 33422.11 State Aids/Grants - Operating Police 0.00 0.00 0.00 0.00 N/A 3,813.00 (3,813.00)
101 33610.10 County-City Aids/Grants - Operating Gran 0.00 0.00 0.00 0.00 N/A 170.33 (170.33)
101 33610.11 County-City Aids/Grants - Operating Poli 0.00 0.00 6,265.30 (6,265.30)N/A 6,721.44 (456.14)
101 33620.00 Township Fire & Resc Aid 961,430.00 961,430.00 961,430.00 0.00 100%960,250.00 1,180.00
COMPARATIVE
City of Prior Lake
General Fund Revenues
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
101 33621.00 Liaison Aid 72,287.00 72,287.00 68,430.00 3,857.00 95%84,742.00 (16,312.00)
101 33631.00 Payment in Lieu of Taxes 1,400,000.00 1,400,000.00 1,050,000.00 350,000.00 75%900,000.00 150,000.00
101 33700.10 Miscellaneous Grants - Operating Grants 0.00 0.00 0.00 0.00 N/A 25,509.86 (25,509.86)
101 33700.20 Miscellaneous Grants - Capital Grants 0.00 106,250.00 0.00 106,250.00 0%0.00 0.00
101 33700.23 Miscellaneous Grants - Capital Parks 0.00 0.00 2,834.00 (2,834.00)N/A 2,834.00 0.00
Intergovernmental 3,606,584.00 3,712,834.00 2,685,763.84 1,027,070.16 72%2,501,245.18 184,518.66
Charges for Services
101 34103.00 Zoning & Subdivision Fees 40,000.00 40,000.00 29,027.70 10,972.30 73%28,947.03 80.67
101 34104.00 Plan Check Fees 203,430.00 203,430.00 157,898.86 45,531.14 78%279,842.47 (121,943.61)
101 34105.00 Sale of Maps/Publications - Reports 500.00 500.00 168.00 332.00 34%35.00 133.00
101 34107.00 Assessment Searches - Reports 500.00 500.00 25.00 475.00 5%425.00 (400.00)
101 34108.00 Street Chip Seal Fee-New Development 0.00 0.00 22,275.00 (22,275.00)N/A 0.00 22,275.00
101 34109.00 Project Admin/Eng Fees 150,000.00 150,000.00 112,500.00 37,500.00 75%180,167.51 (67,667.51)
101 34203.00 Accident/Warrant Reports - Reports 200.00 200.00 528.09 (328.09)264%280.00 248.09
101 34731.00 Adult League Fees 5,000.00 5,000.00 4,382.46 617.54 88%4,274.35 108.11
101 34732.00 Recreation Program Fees - Contracted 40,000.00 40,000.00 44,849.00 (4,849.00)112%50,967.25 (6,118.25)
101 34735.00 Recreation Program Fees - Staff Run 70,000.00 70,000.00 71,199.00 (1,199.00)102%68,039.00 3,160.00
101 34735.01 Recreation Program Fees - Club Prior 12,000.00 12,000.00 12,666.00 (666.00) 106% 8,431.00 4,235.00
101 34740.00 Concessions - Park Fees 0.00 0.00 (135.82) 135.82 N/A 0.00 (135.82)
101 34760.01 Facility Rental - Regular 66,449.00 66,449.00 37,889.60 28,559.40 57%48,516.03 (10,626.43)
101 34760.87 Facility Rental - Lease 0.00 0.00 11,485.00 (11,485.00)N/A 0.00 11,485.00
101 34761.00 Studio/Pavilion Rental 27,500.00 27,500.00 32,270.53 (4,770.53)117%32,160.90 109.63
101 34762.00 Park Shelter Rental 20,000.00 20,000.00 19,355.54 644.46 97%20,544.89 (1,189.35)
101 34762.01 Boat Slip Rental 72,000.00 72,000.00 74,750.00 (2,750.00)104%65,875.00 8,875.00
101 34765.87 Tower Leases - Lease 273,183.00 273,183.00 282,918.54 (9,735.54)104%282,464.91 453.63
101 34780.00 Parking Meter Fees 30,000.00 30,000.00 23,202.66 6,797.34 77%33,250.11 (10,047.45)
101 34783.00 City Contract Services 229,960.00 229,960.00 134,052.25 95,907.75 58%177,855.54 (43,803.29)
Charges for Services 1,240,722.00 1,240,722.00 1,071,307.41 169,414.59 86%1,282,075.99 (210,768.58)
Interest (losses) on investments
101 36210.00 Interest Earnings 277,500.00 277,500.00 299,564.02 (22,064.02)108%278,352.18 21,211.84
101 36215.00 Amortization - Premium/Discount (20,000.00)(20,000.00)116,624.06 (136,624.06)-583%45,145.50 71,478.56
101 36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 158,053.93 (158,053.93)N/A 218,151.25 (60,097.32)
Interest (losses) on investments 257,500.00 257,500.00 574,242.01 (316,742.01)223%541,648.93 32,593.08
Fines and Forfeitures
101 35101.00 County Court Fines 108,000.00 108,000.00 74,458.12 33,541.88 69%76,428.97 (1,970.85)
101 35104.00 Prosecution Restitution 0.00 0.00 4,001.01 (4,001.01)N/A 2,548.56 1,452.45
Fines and Forfeitures 108,000.00 108,000.00 78,459.13 29,540.87 73%78,977.53 (518.40)
Miscellaneous Revenues
101 36211.00 Developer Agreements 50,000.00 50,000.00 122,978.00 (72,978.00)246%25,000.00 97,978.00
101 36212.00 Miscellaneous Revenue 69,800.00 69,800.00 109,492.36 (39,692.36)157%68,145.69 41,346.67
City of Prior Lake
General Fund Revenues
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
101 36230.00 Contributions & Donations 0.00 0.00 1,500.00 (1,500.00)N/A 1,080.00 420.00
101 36230.11 Contributions - Shop with a Cop 0.00 0.00 250.00 (250.00)N/A 250.00 0.00
101 36230.13 Contributions and Donations 0.00 0.00 14,472.61 (14,472.61)N/A 11,742.83 2,729.78
101 36230.33 Contributions - Charitable Gambling 0.00 0.00 15,500.00 (15,500.00)N/A 28,500.00 (13,000.00)
Miscellaneous Revenues 119,800.00 119,800.00 264,192.97 (144,392.97)221%134,718.52 129,474.45
Transfers in
101 39203.00 Transfer from Other Funds 615,000.00 615,000.00 473,225.00 141,775.00 77%730,075.00 (256,850.00)
Transfers in 615,000.00 615,000.00 473,225.00 141,775.00 77%730,075.00 (256,850.00)
Sale of assets
101 39102.00 Sale of Property 0.00 0.00 17,679.61 (17,679.61)N/A 3,777.16 13,902.45
Sale of assets 0.00 0.00 17,679.61 (17,679.61)N/A 3,777.16 13,902.45
TOTAL REVENUES 22,168,668.00 22,274,918.00 13,816,765.90 8,458,152.10 62%13,386,967.54 429,798.36
Fund 101 - GENERAL FUND:
TOTAL REVENUES 22,168,668.00 22,274,918.00 13,816,765.90 8,458,152.10 62%13,386,967.54 429,798.36
City of Prior Lake
General Fund Expenditures
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Fund 101 - GENERAL FUND
Function: General Government
41110.00 MAYOR & COUNCIL 84,518.00 84,518.00 51,434.09 33,083.91 61%58,335.37 (6,901.28)
41130.00 ORDINANCE 6,000.00 6,000.00 3,437.53 2,562.47 57%6,460.95 (3,023.42)
41320.00 ADMINISTRATION 413,881.00 413,881.00 298,790.40 115,090.60 72%277,048.61 21,741.79
41330.00 BOARDS & COMMISSIONS 8,150.00 8,150.00 2,915.34 5,234.66 36%3,983.05 (1,067.71)
41400.00 CITY CLERK FUNCTIONS 148,952.00 152,227.00 103,057.24 49,169.76 68%93,818.98 9,238.26
41410.00 ELECTIONS 27,555.00 27,555.00 2,239.16 25,315.84 8%53,639.02 (51,399.86)
41520.00 FINANCE 786,856.00 791,856.00 553,032.02 238,823.98 70%501,477.52 51,554.50
41540.00 INTERNAL AUDITING 50,100.00 50,100.00 42,275.00 7,825.00 84%42,019.00 256.00
41550.00 ASSESSING 271,705.00 271,705.00 261,440.00 10,265.00 96%250,055.00 11,385.00
41610.00 LEGAL 269,253.00 269,253.00 143,829.71 125,423.29 53%153,500.43 (9,670.72)
41820.00 HUMAN RESOURCES 398,039.00 398,039.00 274,864.11 123,174.89 69%243,042.17 31,821.94
41830.00 COMMUNICATIONS 172,143.00 172,143.00 117,768.10 54,374.90 68%111,271.12 6,496.98
41910.00 COMMUNITY DEVELOPMENT 394,803.00 394,803.00 213,179.54 181,623.46 54%188,559.79 24,619.75
41920.00 INFORMATION TECHNOLOGY 585,502.00 615,502.00 414,578.55 200,923.45 67%382,602.71 31,975.84
41940.00 FACILITIES - CITY HALL 923,726.00 981,836.00 742,994.11 238,841.89 76%543,996.61 198,997.50
Total - Function General Government 4,541,183.00 4,637,568.00 3,225,834.90 1,411,733.10 70%2,909,810.33 316,024.57
Function: Public Safety
42100.00 POLICE 7,716,835.00 8,003,262.89 5,196,922.99 2,806,339.90 65%4,759,285.79 437,637.20
42200.00 FIRE 3,029,286.00 3,029,286.00 1,898,364.66 1,130,921.34 63%1,654,783.51 243,581.15
42400.00 BUILDING INSPECTION 917,814.00 917,814.00 599,134.29 318,679.71 65%582,719.20 16,415.09
42500.00 EMERGENCY MANAGEMENT 17,680.00 17,680.00 10,426.85 7,253.15 59%13,749.58 (3,322.73)
42700.00 ANIMAL CONTROL 36,000.00 36,000.00 22,200.00 13,800.00 62%19,200.00 3,000.00
Total - Function Public Safety 11,717,615.00 12,004,042.89 7,727,048.79 4,276,994.10 64%7,029,738.08 697,310.71
Function: Public Works
43050.00 ENGINEERING 479,673.00 640,173.00 372,579.31 267,593.69 58%363,573.39 9,005.92
43100.00 STREET 1,782,219.00 1,782,219.00 1,155,066.15 627,152.85 65%1,305,391.50 (150,325.35)
43400.00 CENTRAL GARAGE 632,629.00 632,629.00 402,634.11 229,994.89 64%409,395.15 (6,761.04)
43600.00 DEVELOPMENT PROJECTS 0.00 0.00 46,787.95 (46,787.95)N/A 5,698.25 41,089.70
Total - Function Public Works 2,894,521.00 3,055,021.00 1,977,067.52 1,077,953.48 65%2,084,058.29 (106,990.77)
Function: Culture and Recreation
45100.00 RECREATION 652,550.00 652,550.00 500,796.72 151,753.28 77%453,905.29 46,891.43
45200.00 PARKS 2,077,171.00 2,099,646.00 1,546,671.45 552,974.55 74%1,447,308.84 99,362.61
45500.00 LIBRARIES 23,140.00 23,140.00 22,771.18 368.82 98%18,115.57 4,655.61
Total - Function Culture and Recreation 2,752,861.00 2,775,336.00 2,070,239.35 705,096.65 75%1,919,329.70 150,909.65
COMPARATIVE
City of Prior Lake
General Fund Expenditures
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Function: Transfers
80000.00 Transfers to other Funds 262,488.00 552,488.00 311,244.00 241,244.00 56%24,244.00 287,000.00
Total - Function Transfers 262,488.00 552,488.00 311,244.00 241,244.00 56%24,244.00 287,000.00
Fund 101 - GENERAL FUND:
TOTAL EXPENDITURES 22,168,668.00 23,024,455.89 15,311,434.56 7,713,021.33 67%13,967,180.40 1,344,254.16
City of Prior Lake
Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits)
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Fund 101 - GENERAL FUND
Function: General Government
41110.00 MAYOR & COUNCIL 77,668.00 77,668.00 48,415.72 29,252.28 62%54,854.85 (6,439.13)
41320.00 ADMINISTRATION 331,918.00 331,918.00 221,341.23 110,576.77 67%213,105.64 8,235.59
41330.00 BOARDS & COMMISSIONS 7,750.00 7,750.00 2,906.55 4,843.45 38%3,983.05 (1,076.50)
41400.00 CITY CLERK FUNCTIONS 140,223.00 140,223.00 96,012.41 44,210.59 68%90,458.95 5,553.46
41410.00 ELECTIONS 15,055.00 15,055.00 156.91 14,898.09 1%44,839.84 (44,682.93)
41520.00 FINANCE 751,900.00 751,900.00 525,805.76 226,094.24 70%477,677.52 48,128.24
41820.00 HUMAN RESOURCES 327,059.00 327,059.00 225,026.89 102,032.11 69%215,245.65 9,781.24
41830.00 COMMUNICATIONS 153,643.00 153,643.00 103,907.37 49,735.63 68%97,554.45 6,352.92
41910.00 COMMUNITY DEVELOPMENT 357,103.00 357,103.00 179,178.46 177,924.54 50%167,565.21 11,613.25
41920.00 INFORMATION TECHNOLOGY 270,592.00 270,592.00 186,438.03 84,153.97 69%178,284.14 8,153.89
41940.00 FACILITIES - CITY HALL 153,146.00 153,146.00 103,522.09 49,623.91 68%66,874.12 36,647.97
Total - Function General Government 2,586,057.00 2,586,057.00 1,692,711.42 893,345.58 65%1,610,443.42 82,268.00
Function: Public Safety
42100.00 POLICE 6,752,630.00 6,982,457.89 4,557,813.33 2,424,644.56 65%4,158,294.98 399,518.35
42200.00 FIRE 2,593,301.00 2,593,301.00 1,580,029.30 1,013,271.70 61%1,347,116.63 232,912.67
42400.00 BUILDING INSPECTION 885,693.00 885,693.00 587,785.75 297,907.25 66%568,453.95 19,331.80
Total - Function Public Safety 10,231,624.00 10,461,451.89 6,725,628.38 3,735,823.51 64%6,073,865.56 651,762.82
Function: Public Works
43050.00 ENGINEERING 406,131.00 406,131.00 239,822.81 166,308.19 59%288,682.26 (48,859.45)
43100.00 STREET 598,237.00 598,237.00 413,431.67 184,805.33 69%383,035.23 30,396.44
43400.00 CENTRAL GARAGE 312,029.00 312,029.00 211,033.93 100,995.07 68%197,968.51 13,065.42
Total - Function Public Works 1,316,397.00 1,316,397.00 864,288.41 452,108.59 66%869,686.00 (5,397.59)
Function: Culture and Recreation
45100.00 RECREATION 448,195.00 448,195.00 327,363.12 120,831.88 73%292,947.74 34,415.38
45200.00 PARKS 1,300,856.00 1,300,856.00 889,986.27 410,869.73 68%914,666.03 (24,679.76)
Total - Function Culture and Recreation 1,749,051.00 1,749,051.00 1,217,349.39 531,701.61 70%1,207,613.77 9,735.62
Fund 101 - GENERAL FUND:
TOTAL EXPENDITURES 15,883,129.00 16,112,956.89 10,499,977.60 5,612,979.29 65%9,761,608.75 738,368.85
Fund 240 - EDA SPECIAL REVENUE FUND
Function: Economic Development
46500.00 ECONOMIC DEVELOPMENT 167,888.00 167,888.00 97,747.17 70,140.83 58%86,091.59 11,655.58
Total - Function Economic Development 167,888.00 167,888.00 97,747.17 70,140.83 58%86,091.59 11,655.58
Fund 240 - EDA SPECIAL REVENUE FUND:
COMPARATIVE
City of Prior Lake
Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits)
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
TOTAL EXPENDITURES 167,888.00 167,888.00 97,747.17 70,140.83 58%86,091.59 11,655.58
Fund 601 - WATER FUND
Function: General Government
41520.00 FINANCE 94,641.00 94,641.00 62,167.12 32,473.88 66%60,671.59 1,495.53
Total - Function General Government 94,641.00 94,641.00 62,167.12 32,473.88 66%60,671.59 1,495.53
Function: Water
49400.00 WATER 1,236,569.00 1,236,569.00 702,071.84 534,497.16 57%697,880.95 4,190.89
Total - Function Water 1,236,569.00 1,236,569.00 702,071.84 534,497.16 57%697,880.95 4,190.89
Fund 601 - WATER FUND:
TOTAL EXPENDITURES 1,331,210.00 1,331,210.00 764,238.96 566,971.04 57%758,552.54 5,686.42
Fund 602 - STORM WATER UTILITY
Function: Water Quality
49420.00 WATER QUALITY 412,189.00 412,189.00 223,032.39 189,156.61 54%176,889.23 46,143.16
Total - Function Water Quality 412,189.00 412,189.00 223,032.39 189,156.61 54%176,889.23 46,143.16
Fund 602 - STORM WATER UTILITY:
TOTAL EXPENDITURES 412,189.00 412,189.00 223,032.39 189,156.61 54%176,889.23 46,143.16
Fund 604 - SEWER FUND
Function: General Government
41520.00 FINANCE 94,641.00 94,641.00 62,156.66 32,484.34 66%60,662.16 1,494.50
Total - Function General Government 94,641.00 94,641.00 62,156.66 32,484.34 66%60,662.16 1,494.50
Function: Sewer
49450.00 SEWER 707,246.00 707,246.00 427,078.92 280,167.08 60%478,493.22 (51,414.30)
Total - Function Sewer 707,246.00 707,246.00 427,078.92 280,167.08 60%478,493.22 (51,414.30)
Fund 604 - SEWER FUND:
TOTAL EXPENDITURES 801,887.00 801,887.00 489,235.58 312,651.42 61%539,155.38 (49,919.80)
TOTAL EXPENDITURES - ALL FUNDS 18,596,303.00 18,826,130.89 12,074,231.70 6,751,899.19 64%11,322,297.49 751,934.21
City of Prior Lake
Debt Service Funds
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Taxes
Current Property Taxes 2,929,190.00 2,929,190.00 1,524,587.39 1,404,602.61 52%1,631,150.85 (106,563.46)
Special Assessments
City Assess. Collections 0.00 0.00 195,370.18 (195,370.18)N/A 36,158.35 159,211.83
County Assess. Collection 569,714.00 569,714.00 193,355.79 376,358.21 34%207,838.82 (14,483.03)
Interest (losses) on investments
Interest Earnings 77,100.00 77,100.00 93,597.65 (16,497.65)121%77,261.71 16,335.94
Unrealized Inv.Gain(Loss)0.00 0.00 50,729.70 (50,729.70)N/A 67,289.19 (16,559.49)
Transfers in
Transfer from Other Funds 1,256,974.00 1,256,974.00 140,855.00 1,116,119.00 11%86,769.00 54,086.00
TOTAL REVENUES 4,832,978.00 4,832,978.00 2,198,495.71 2,634,482.29 45%2,106,467.92 92,027.79
Expenditures
Debt Service
Bond Principal 4,278,731.00 4,278,731.00 148,731.10 4,129,999.90 3%145,628.88 3,102.22
Bond Interest and Other 902,317.00 902,317.00 464,563.17 437,753.83 51%501,129.28 (36,566.11)
Other Debt Service Expenses 4,200.00 4,200.00 2,985.00 1,215.00 71%1,485.00 1,500.00
TOTAL EXPENDITURES 5,185,248.00 5,185,248.00 616,279.27 4,568,968.73 12%648,243.16 (31,963.89)
Fund Group - DEBT SERVICE FUNDS:
TOTAL REVENUES 4,832,978.00 4,832,978.00 2,198,495.71 2,634,482.29 45%2,106,467.92 92,027.79
TOTAL EXPENDITURES 5,185,248.00 5,185,248.00 616,279.27 4,568,968.73 12%648,243.16 (31,963.89)
NET OF REVENUES & EXPENDITURES (352,270.00)(352,270.00)1,582,216.44 (1,934,486.44)1,458,224.76 123,991.68
COMPARATIVE
City of Prior Lake
Cable Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Interest (losses) on investments
210-00000.00-36210.00 Interest Earnings 0.00 0.00 2,619.69 (2,619.69)N/A 2,740.61 (120.92)
210-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 1,348.01 (1,348.01)N/A 1,866.68 (518.67)
Interest (losses) on investments 0.00 0.00 3,967.70 (3,967.70)N/A 4,607.29 (639.59)
Charges for Services
210-41340.00-34304.00 PEG Access Fees 17,000.00 17,000.00 5,514.18 11,485.82 32%7,073.92 (1,559.74)
Charges for Services 17,000.00 17,000.00 5,514.18 11,485.82 32%7,073.92 (1,559.74)
TOTAL REVENUES 17,000.00 17,000.00 9,481.88 7,518.12 56%11,681.21 (2,199.33)
Expenditures
Current Expenditures
210-41340.00-52400.20 Small Equipment - Technology 0.00 0.00 10,726.03 (10,726.03)N/A 0.00 10,726.03
210-41340.00-54020.00 Software Service Contract 3,700.00 3,700.00 3,576.00 124.00 97%3,576.00 0.00
Current Expenditures 3,700.00 3,700.00 14,302.03 (10,602.03)387%3,576.00 10,726.03
TOTAL EXPENDITURES 3,700.00 3,700.00 14,302.03 (10,602.03)387%3,576.00 10,726.03
Fund 210 - CABLE FRANCHISE FUND:
TOTAL REVENUES 17,000.00 17,000.00 9,481.88 7,518.12 56%11,681.21 (2,199.33)
TOTAL EXPENDITURES 3,700.00 3,700.00 14,302.03 (10,602.03)387%3,576.00 10,726.03
NET OF REVENUES & EXPENDITURES 13,300.00 13,300.00 (4,820.15)18,120.15 8,105.21 (12,925.36)
COMPARATIVE
City of Prior Lake
Capital Park Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Intergovernmental
225-00000.00-33160.20 Fed Aids/Grants - Capital Grants 1,000,000.00 1,000,000.00 0.00 1,000,000.00 0%0.00 0.00
225-00000.00-33700.20 Miscellaneous Grants - Capital Grants 0.00 0.00 0.00 0.00 N/A 6,445.00 (6,445.00)
225-45200.00-33422.23-PRK23-000001 State Aids/Grants - Capital Parks 0.00 0.00 53,170.87 (53,170.87)N/A 0.00 53,170.87
Intergovernmental 1,000,000.00 1,000,000.00 53,170.87 946,829.13 5%6,445.00 46,725.87
Charges for Services
225-45200.00-34760.01 Facility Rental - Regular 32,000.00 32,000.00 56,098.08 (24,098.08)175%18,500.00 37,598.08
225-45200.00-34791.00 Dedication Fees 300,000.00 300,000.00 229,560.00 70,440.00 77%16,830.00 212,730.00
Charges for Services 332,000.00 332,000.00 285,658.08 46,341.92 86%35,330.00 250,328.08
Interest (losses) on investments
225-00000.00-36210.00 Interest Earnings 43,800.00 43,800.00 39,349.55 4,450.45 90%43,400.83 (4,051.28)
225-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 21,123.73 (21,123.73)N/A 29,026.35 (7,902.62)
Interest (losses) on investments 43,800.00 43,800.00 60,473.28 (16,673.28)138%72,427.18 (11,953.90)
Miscellaneous Revenues
225-00000.00-36230.00 Contributions & Donations 0.00 0.00 0.00 0.00 N/A 7,450.00 (7,450.00)
Miscellaneous Revenues 0.00 0.00 0.00 0.00 N/A 7,450.00 (7,450.00)
Transfers in
225-00000.00-39203.00 Transfer from Other Funds 0.00 290,000.00 290,000.00 0.00 100%0.00 290,000.00
Transfers in 0.00 290,000.00 290,000.00 0.00 100%0.00 290,000.00
TOTAL REVENUES 1,375,800.00 1,665,800.00 689,302.23 976,497.77 41%121,652.18 567,650.05
Expenditures
Current Expenditures
225-45200.00-53100.80 Professional Services - General 5,600.00 5,600.00 5,434.00 166.00 97%6,479.75 (1,045.75)
225-45200.00-54320.00 Miscellaneous Expense 0.00 0.00 24,101.18 (24,101.18)N/A 0.00 24,101.18
Current Expenditures 5,600.00 5,600.00 29,535.18 (23,935.18)527%6,479.75 23,055.43
COMPARATIVE
City of Prior Lake
Capital Park Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Capital Outlay
225-45200.00-55020.00 Projects - Engineering 0.00 0.00 4,713.80 (4,713.80)N/A 0.00 4,713.80
225-45200.00-55040.00-PRK23-000001 Projects - Property & ROW Acquisit'n 0.00 0.00 0.00 0.00 N/A 2,800.00 (2,800.00)
225-45200.00-55050.00-PRK23-000001 Projects - Professional Services 0.00 0.00 16,189.21 (16,189.21)N/A 53,226.35 (37,037.14)
225-45200.00-55050.00-PRK24-000001 Projects - Professional Services 0.00 0.00 62,914.85 (62,914.85)N/A 39,411.00 23,503.85
225-45200.00-55150.00-PRK24-000001 Projects - Other 0.00 0.00 43,168.00 (43,168.00)N/A 0.00 43,168.00
225-45200.00-55530.00 Infrastructure 2,500,000.00 2,500,000.00 0.00 2,500,000.00 0%264.73 (264.73)
Capital Outlay 2,500,000.00 2,500,000.00 126,985.86 2,373,014.14 5%95,702.08 31,283.78
TOTAL EXPENDITURES 2,505,600.00 2,505,600.00 156,521.04 2,349,078.96 6%102,181.83 54,339.21
Fund 225 - CAPITAL PARK FUND:
TOTAL REVENUES 1,375,800.00 1,665,800.00 689,302.23 976,497.77 41%121,652.18 567,650.05
TOTAL EXPENDITURES 2,505,600.00 2,505,600.00 156,521.04 2,349,078.96 6%102,181.83 54,339.21
NET OF REVENUES & EXPENDITURES (1,129,800.00)(839,800.00)532,781.19 (1,372,581.19)19,470.35 513,310.84
City of Prior Lake
Revolving Equipment Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Taxes
410-00000.00-31010.00 Current Property Taxes - General Purpos 875,000.00 875,000.00 458,653.93 416,346.07 52%407,562.29 51,091.64
410-00000.00-31015.00 Current Property Taxes - Debt Service 150,000.00 150,000.00 75,000.00 75,000.00 50%0.00 75,000.00
Taxes 1,025,000.00 1,025,000.00 533,653.93 491,346.07 52%407,562.29 126,091.64
Interest (losses) on investments
410-00000.00-36210.00 Interest Earnings 20,400.00 20,400.00 13,116.36 7,283.64 64%16,251.92 (3,135.56)
410-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 7,476.97 (7,476.97)N/A 12,997.81 (5,520.84)
Interest (losses) on investments 20,400.00 20,400.00 20,593.33 (193.33)101%29,249.73 (8,656.40)
Transfers in
410-00000.00-39203.00 Transfer from Other Funds 342,166.00 342,166.00 317,562.50 24,603.50 93%400,000.00 (82,437.50)
Transfers in 342,166.00 342,166.00 317,562.50 24,603.50 93%400,000.00 (82,437.50)
Sale of assets
410-00000.00-39102.00 Sale of Property 0.00 0.00 106,863.31 (106,863.31)N/A 251,470.10 (144,606.79)
Sale of assets 0.00 0.00 106,863.31 (106,863.31)N/A 251,470.10 (144,606.79)
TOTAL REVENUES 1,387,566.00 1,387,566.00 978,673.07 408,892.93 71%1,088,282.12 (109,609.05)
Expenditures
Function: Public Safety
410-42100.00-55550.00 Vehicles 260,000.00 260,000.00 250,968.48 9,031.52 97%94,086.63 156,881.85
410-42200.00-55550.00 Vehicles 0.00 0.00 1,376.73 (1,376.73)N/A 615,419.61 (614,042.88)
410-42400.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 48,716.79 (48,716.79)
410-42500.00-55570.00 Machinery and Equipment 46,600.00 46,600.00 30,613.00 15,987.00 66%46,120.00 (15,507.00)
Total - Function Public Safety 306,600.00 306,600.00 282,958.21 23,641.79 92%804,343.03 (521,384.82)
Function: Public Works
410-43050.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 49,542.39 (49,542.39)
410-43100.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 71,576.44 (71,576.44)
410-43100.00-55570.00 Machinery and Equipment 712,000.00 712,000.00 668,567.66 43,432.34 94%30,624.55 637,943.11
410-43400.00-55550.00 Vehicles 20,000.00 20,000.00 15,287.35 4,712.65 76%25,846.00 (10,558.65)
Total - Function Public Works 732,000.00 732,000.00 683,855.01 48,144.99 93%177,589.38 506,265.63
Function: Culture and Recreation
410-45200.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 253,656.28 (253,656.28)
410-45200.00-55570.00 Machinery and Equipment 35,600.00 35,600.00 29,403.45 6,196.55 83%283,401.82 (253,998.37)
Total - Function Culture and Recreation 35,600.00 35,600.00 29,403.45 6,196.55 83%537,058.10 (507,654.65)
TOTAL EXPENDITURES 1,074,200.00 1,074,200.00 996,216.67 77,983.33 93%1,518,990.51 (522,773.84)
COMPARATIVE
City of Prior Lake
Revolving Equipment Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Fund 410 - REVOLVING EQUIPMENT FUND:
TOTAL REVENUES 1,387,566.00 1,387,566.00 978,673.07 408,892.93 71%1,088,282.12 (109,609.05)
TOTAL EXPENDITURES 1,074,200.00 1,074,200.00 996,216.67 77,983.33 93%1,518,990.51 (522,773.84)
NET OF REVENUES & EXPENDITURES 313,366.00 313,366.00 (17,543.60)330,909.60 (430,708.39)413,164.79
City of Prior Lake
Revolving Park Equipment Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Taxes
430-00000.00-31010.00 Current Property Taxes - General Purpos 535,000.00 535,000.00 278,428.14 256,571.86 52%234,438.49 43,989.65
Taxes 535,000.00 535,000.00 278,428.14 256,571.86 52%234,438.49 43,989.65
Intergovernmental
430-45200.00-33422.23-PRK21-000001 State Aids/Grants - Capital Parks 0.00 0.00 0.00 0.00 N/A 269,536.50 (269,536.50)
430-45200.00-33700.20 Miscellaneous Grants - Capital Grants 0.00 0.00 0.00 0.00 N/A 29,948.50 (29,948.50)
Intergovernmental 0.00 0.00 0.00 0.00 N/A 299,485.00 (299,485.00)
Interest (losses) on investments
430-00000.00-36210.00 Interest Earnings 32,500.00 32,500.00 27,939.13 4,560.87 86%22,001.26 5,937.87
430-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 15,175.19 (15,175.19)N/A 18,458.46 (3,283.27)
Interest (losses) on investments 32,500.00 32,500.00 43,114.32 (10,614.32)133%40,459.72 2,654.60
Miscellaneous Revenues
430-45200.00-36230.00 Contributions & Donations 0.00 0.00 88,000.00 (88,000.00)N/A 0.00 88,000.00
Miscellaneous Revenues 0.00 0.00 88,000.00 (88,000.00)N/A 0.00 88,000.00
Debt Issued
430-00000.00-39310.00 G.O. Bond Proceeds 1,030,000.00 1,030,000.00 0.00 1,030,000.00 0%0.00 0.00
Debt Issued 1,030,000.00 1,030,000.00 0.00 1,030,000.00 0%0.00 0.00
TOTAL REVENUES 1,597,500.00 1,597,500.00 409,542.46 1,187,957.54 26%574,383.21 (164,840.75)
Expenditures
Function: Culture and Recreation
430-45200.00-53100.80 Professional Services - General 60,000.00 60,000.00 2,531.25 57,468.75 4%0.00 2,531.25
430-45200.00-55020.00 Projects - Engineering 0.00 0.00 0.00 0.00 N/A 32,059.07 (32,059.07)
430-45200.00-55050.00-PRK25-000001 Projects - Professional Services 0.00 0.00 33,744.96 (33,744.96)N/A 11,280.00 22,464.96
430-45200.00-55530.00 Infrastructure 1,030,000.00 1,045,000.00 609,815.70 435,184.30 58%18,464.28 591,351.42
430-45200.00-55570.00 Machinery and Equipment 50,000.00 50,000.00 0.00 50,000.00 0%0.00 0.00
Total - Function Culture and Recreation 1,140,000.00 1,155,000.00 646,091.91 508,908.09 56%61,803.35 584,288.56
Function: Transfers
430-80000.00-59203.00 Transfers to Other Funds 920,000.00 920,000.00 265,609.00 654,391.00 29%0.00 265,609.00
Total - Function Transfers 920,000.00 920,000.00 265,609.00 654,391.00 29%0.00 265,609.00
TOTAL EXPENDITURES 2,060,000.00 2,075,000.00 911,700.91 1,163,299.09 44%61,803.35 849,897.56
COMPARATIVE
City of Prior Lake
Revolving Park Equipment Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Fund 430 - REVOLVING PARK EQUIP FUND:
TOTAL REVENUES 1,597,500.00 1,597,500.00 409,542.46 1,187,957.54 26%574,383.21 (164,840.75)
TOTAL EXPENDITURES 2,060,000.00 2,075,000.00 911,700.91 1,163,299.09 44%61,803.35 849,897.56
NET OF REVENUES & EXPENDITURES (462,500.00)(477,500.00)(502,158.45)24,658.45 512,579.86 (1,014,738.31)
City of Prior Lake
Facilities Management Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Function: General Government
Taxes
440-00000.00-31010.00 Current Property Taxes - General Purpos 255,000.00 255,000.00 132,446.72 122,553.28 52%104,595.63 27,851.09
Taxes 255,000.00 255,000.00 132,446.72 122,553.28 52%104,595.63 27,851.09
Intergovernmental
440-00000.00-33700.10 Miscellaneous Grants - Operating Grants 47,000.00 47,000.00 0.00 47,000.00 0%0.00 0.00
Intergovernmental 47,000.00 47,000.00 0.00 47,000.00 0%0.00 0.00
Interest (losses) on investments
440-00000.00-36210.00 Interest Earnings 35,800.00 35,800.00 22,246.63 13,553.37 62%35,229.49 (12,982.86)
440-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 11,773.53 (11,773.53)N/A 24,125.49 (12,351.96)
Interest (losses) on investments 35,800.00 35,800.00 34,020.16 1,779.84 95%59,354.98 (25,334.82)
Miscellaneous Revenues
440-41940.00-36212.00-FAC24-000002 Miscellaneous Revenue 0.00 0.00 239,579.10 (239,579.10)N/A 89,800.31 149,778.79
Miscellaneous Revenues 0.00 0.00 239,579.10 (239,579.10)N/A 89,800.31 149,778.79
Debt Issued
440-00000.00-39310.00 G.O. Bond Proceeds 515,000.00 515,000.00 0.00 515,000.00 0%0.00 0.00
Debt Issued 515,000.00 515,000.00 0.00 515,000.00 0%0.00 0.00
Transfers in
440-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 0.00 0.00 N/A 18,000.00 (18,000.00)
Transfers in 0.00 0.00 0.00 0.00 N/A 18,000.00 (18,000.00)
Total - Function General Government 852,800.00 852,800.00 406,045.98 446,754.02 48%271,750.92 134,295.06
TOTAL REVENUES 852,800.00 852,800.00 406,045.98 446,754.02 48%271,750.92 134,295.06
Expenditures
Function: General Government
Current Expenditures
440-41940.00-52200.02-FAC24-000002 Repair & Maint Supplies - Building 0.00 0.00 15,020.36 (15,020.36)N/A 1,545.15 13,475.21
440-41940.00-53100.80-FAC24-000002 Professional Services - General 0.00 0.00 1,119.51 (1,119.51)N/A 8,294.25 (7,174.74)
440-41940.00-54010.02 Maint Agreements 0.00 0.00 1,911.33 (1,911.33)N/A 41,399.54 (39,488.21)
Current Expenditures 0.00 0.00 18,051.20 (18,051.20)N/A 51,238.94 (33,187.74)
Capital Outlay
440-41920.00-55570.00-FAC24-000002 Machinery and Equipment 0.00 0.00 0.00 0.00 N/A 1,054.62 (1,054.62)
440-41940.00-55050.00 Projects - Professional Services 0.00 0.00 15,094.59 (15,094.59)N/A 48,284.61 (33,190.02)
440-41940.00-55520.00 Building & Building Improvements 24,675.00 44,675.00 44,254.65 420.35 99%7,298.24 36,956.41
440-41940.00-55560.00-FAC24-000002 Furniture and Office Equipment 0.00 0.00 68,395.38 (68,395.38)N/A 0.00 68,395.38
Capital Outlay 24,675.00 44,675.00 127,744.62 (83,069.62)286%56,637.47 71,107.15
COMPARATIVE
City of Prior Lake
Facilities Management Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Total - Function General Government 24,675.00 44,675.00 145,795.82 (101,120.82)326%107,876.41 37,919.41
Function: Public Safety
Capital Outlay
440-42100.00-55520.00 Building & Building Improvements 300,000.00 373,000.00 0.00 373,000.00 0% 17,963.72 (17,963.72)
440-42200.00-55520.00 Building & Building Improvements 147,500.00 372,500.00 36,050.84 336,449.16 10%42,534.11 (6,483.27)
Capital Outlay 447,500.00 745,500.00 36,050.84 709,449.16 5%60,497.83 (24,446.99)
Total - Function Public Safety 447,500.00 745,500.00 36,050.84 709,449.16 5%60,497.83 (24,446.99)
Function: Public Works
Interest and Other
440-43100.00-55070.00 Projects - Bond Issuance Costs 15,000.00 15,000.00 0.00 15,000.00 0%0.00 0.00
Interest and Other 15,000.00 15,000.00 0.00 15,000.00 0%0.00 0.00
Capital Outlay
440-43100.00-55520.00 Building & Building Improvements 0.00 78,000.00 88,955.05 (10,955.05)114%0.00 88,955.05
440-43400.00-55520.00 Building & Building Improvements 0.00 0.00 0.00 0.00 N/A 9,962.21 (9,962.21)
Capital Outlay 0.00 78,000.00 88,955.05 (10,955.05)114%9,962.21 78,992.84
Total - Function Public Works 15,000.00 93,000.00 88,955.05 4,044.95 96%9,962.21 78,992.84
Function: Culture and Recreation
Capital Outlay
440-45200.00-55530.00 Infrastructure 0.00 0.00 0.00 0.00 N/A 15,080.04 (15,080.04)
440-45500.00-55050.00 Projects - Professional Services 0.00 0.00 4,797.00 (4,797.00)N/A 150,732.61 (145,935.61)
440-45500.00-55520.00 Building & Building Improvements 300,000.00 300,000.00 23,478.25 276,521.75 8%0.00 23,478.25
Capital Outlay 300,000.00 300,000.00 28,275.25 271,724.75 9%165,812.65 (137,537.40)
Total - Function Culture and Recreation 300,000.00 300,000.00 28,275.25 271,724.75 9%165,812.65 (137,537.40)
TOTAL EXPENDITURES 787,175.00 1,183,175.00 299,076.96 884,098.04 25%344,149.10 (45,072.14)
Fund 440 - FACILITIES MANAGEMENT FUND:
TOTAL REVENUES 852,800.00 852,800.00 406,045.98 446,754.02 48%271,750.92 134,295.06
TOTAL EXPENDITURES 787,175.00 1,183,175.00 299,076.96 884,098.04 25%344,149.10 (45,072.14)
NET OF REVENUES & EXPENDITURES 65,625.00 (330,375.00)106,969.02 (437,344.02)(72,398.18)179,367.20
City of Prior Lake
Permanent Improvement Revolving Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Franchise Taxes
450-00000.00-31810.00 Franchise Taxes 0.00 0.00 0.00 0.00 N/A 541,879.52 (541,879.52)
Franchise Taxes 0.00 0.00 0.00 0.00 N/A 541,879.52 (541,879.52)
Special Assessments
450-00000.00-36101.00 City Assess. Collections 0.00 0.00 26,284.91 (26,284.91)N/A 226,913.00 (200,628.09)
450-00000.00-36102.00 County Assess. Collection 298,642.00 298,642.00 118,727.51 179,914.49 40%21,195.64 97,531.87
Special Assessments 298,642.00 298,642.00 145,012.42 153,629.58 49%248,108.64 (103,096.22)
Interest (losses) on investments
450-00000.00-36210.00 Interest Earnings 48,300.00 48,300.00 30,934.79 17,365.21 64%40,459.61 (9,524.82)
450-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 15,745.40 (15,745.40)N/A 6,119.83 9,625.57
Interest (losses) on investments 48,300.00 48,300.00 46,680.19 1,619.81 97%46,579.44 100.75
Transfers in
450-00000.00-39203.00 Transfer from Other Funds 300,000.00 300,000.00 300,000.00 0.00 100%615,440.70 (315,440.70)
Transfers in 300,000.00 300,000.00 300,000.00 0.00 100%615,440.70 (315,440.70)
Debt Issued
450-00000.00-39310.00 G.O. Bond Proceeds 0.00 0.00 0.00 0.00 N/A 1,580,000.00 (1,580,000.00)
Debt Issued 0.00 0.00 0.00 0.00 N/A 1,580,000.00 (1,580,000.00)
Other Financing Sources
450-43100.00-39315.00-PIR24-000001 Projects - Bond Premium 0.00 0.00 0.00 0.00 N/A 106,507.00 (106,507.00)
Other Financing Sources 0.00 0.00 0.00 0.00 N/A 106,507.00 (106,507.00)
TOTAL REVENUES 646,942.00 646,942.00 491,692.61 155,249.39 76%3,138,515.30 (2,646,822.69)
Expenditures
Capital Outlay
450-43100.00-55010.00-PIR24-000001 Projects - Contract Vouchers 0.00 0.00 0.00 0.00 N/A 4,963,701.50 (4,963,701.50)
450-43100.00-55020.00-PIR24-000001 Projects - Engineering 0.00 0.00 8,409.00 (8,409.00)N/A 254,326.20 (245,917.20)
450-43100.00-55050.00 Projects - Professional Services 0.00 64,827.00 0.00 64,827.00 0%261.66 (261.66)
Capital Outlay 0.00 64,827.00 8,409.00 56,418.00 13%5,218,289.36 (5,209,880.36)
Interest and Other
450-43100.00-55070.00 Projects - Bond Issuance Costs 0.00 0.00 0.00 0.00 N/A 46,530.98 (46,530.98)
Interest and Other 0.00 0.00 0.00 0.00 N/A 46,530.98 (46,530.98)
Transfers out
450-80000.00-59203.00 Transfers to Other Funds 369,736.00 369,736.00 64,736.00 305,000.00 18%2,250.00 62,486.00
Transfers out 369,736.00 369,736.00 64,736.00 305,000.00 18%2,250.00 62,486.00
COMPARATIVE
City of Prior Lake
Permanent Improvement Revolving Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
TOTAL EXPENDITURES 369,736.00 434,563.00 73,145.00 361,418.00 17%5,267,070.34 (5,193,925.34)
Fund 450 - PERMANENT IMPROVEMENT REVOLVING FUND:
TOTAL REVENUES 646,942.00 646,942.00 491,692.61 155,249.39 76%3,138,515.30 (2,646,822.69)
TOTAL EXPENDITURES 369,736.00 434,563.00 73,145.00 361,418.00 17%5,267,070.34 (5,193,925.34)
NET OF REVENUES & EXPENDITURES 277,206.00 212,379.00 418,547.61 (206,168.61)(2,128,555.04)2,547,102.65
City of Prior Lake
Water Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Operating Revenue
601-00000.00-36102.00 County Assess. Collection 0.00 0.00 27,366.67 (27,366.67)N/A 18,164.63 9,202.04
601-49400.00-33422.15 State Aids/Grants - Operating Public Wor 0.00 0.00 893.51 (893.51)N/A 5,293.42 (4,399.91)
601-49400.00-37100.00 Utility Receipts - Water 4,439,648.00 4,439,648.00 2,010,321.48 2,429,326.52 45%1,535,418.43 474,903.05
601-49400.00-37106.00 Spring Lake Township Utility Surcharge 0.00 0.00 4,609.51 (4,609.51)N/A 0.00 4,609.51
601-49400.00-37110.00 Utility Base Fee Revenue 1,412,862.00 1,412,862.00 845,427.30 567,434.70 60%765,591.17 79,836.13
601-49400.00-37160.00 Penalties 10,000.00 10,000.00 6,991.31 3,008.69 70%5,803.95 1,187.36
601-49400.00-37170.00 Water Meter Sales 56,625.00 56,625.00 25,807.64 30,817.36 46%42,852.96 (17,045.32)
601-49400.00-37175.00 Pressure Reducers 15,900.00 15,900.00 7,386.09 8,513.91 46%9,879.39 (2,493.30)
Operating Revenue 5,935,035.00 5,935,035.00 2,928,803.51 3,006,231.49 49%2,383,003.95 545,799.56
Non-Operating Revenue
601-00000.00-36210.00 Interest Earnings 196,500.00 196,500.00 240,976.18 (44,476.18) 123% 215,498.30 25,477.88
601-00000.00-36212.00 Miscellaneous Revenue 0.00 0.00 8,535.00 (8,535.00)N/A 8,650.00 (115.00)
601-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 126,199.87 (126,199.87)N/A 145,000.68 (18,800.81)
Non-Operating Revenue 196,500.00 196,500.00 375,711.05 (179,211.05)191%369,148.98 6,562.07
Other Financing Sources
601-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 41,144.70 (41,144.70)N/A 14,750.00 26,394.70
Other Financing Sources 0.00 0.00 41,144.70 (41,144.70)N/A 14,750.00 26,394.70
TOTAL REVENUES 6,131,535.00 6,131,535.00 3,345,659.26 2,785,875.74 55%2,766,902.93 578,756.33
Expenditures
Personnel
601-41520.00-51100.01 Wages - Full Time 70,171.00 70,171.00 46,025.49 24,145.51 66%45,419.70 605.79
601-41520.00-51110.01 Overtime - Full Time 1,000.00 1,000.00 0.00 1,000.00 0%0.00 0.00
601-41520.00-51400.00 Compensated Absences 526.00 526.00 345.42 180.58 66%272.73 72.69
601-41520.00-51450.00 Social Security Contributions 4,413.00 4,413.00 2,809.00 1,604.00 64%2,722.05 86.95
601-41520.00-51451.00 Medicare Contributions 1,032.00 1,032.00 657.20 374.80 64%637.03 20.17
601-41520.00-51460.00 PERA Contributions 5,263.00 5,263.00 3,452.02 1,810.98 66%3,406.54 45.48
601-41520.00-51470.00 Health Insurance 11,039.00 11,039.00 8,051.93 2,987.07 73%7,376.19 675.74
601-41520.00-51472.00 Retiree HCSP Contributions 300.00 300.00 225.32 74.68 75%225.34 (0.02)
601-41520.00-51473.00 Dental Insurance 506.00 506.00 373.54 132.46 74%363.77 9.77
601-41520.00-51474.00 Life Insurance 68.00 68.00 44.49 23.51 65%44.53 (0.04)
601-41520.00-51477.00 Workers Compensation Insurance 323.00 323.00 182.71 140.29 57%203.71 (21.00)
601-49400.00-51100.01 Wages - Full Time 914,890.00 914,890.00 506,369.01 408,520.99 55%510,111.15 (3,742.14)
601-49400.00-51110.01 Overtime - Full Time 16,000.00 16,000.00 18,669.21 (2,669.21)117%14,297.82 4,371.39
601-49400.00-51208.01 Sick Leave - Buy Down 1,791.00 1,791.00 0.00 1,791.00 0%0.00 0.00
601-49400.00-51301.00 Accrued Comp Time 0.00 0.00 8,638.78 (8,638.78)N/A 7,646.69 992.09
601-49400.00-51400.00 Compensated Absences 6,862.00 6,862.00 3,808.35 3,053.65 55%2,868.22 940.13
601-49400.00-51450.00 Social Security Contributions 57,826.00 57,826.00 31,947.17 25,878.83 55%31,859.38 87.79
COMPARATIVE
City of Prior Lake
Water Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
601-49400.00-51451.00 Medicare Contributions 13,524.00 13,524.00 7,471.47 6,052.53 55%7,450.93 20.54
601-49400.00-51460.00 PERA Contributions 69,817.00 69,817.00 39,377.88 30,439.12 56%39,374.32 3.56
601-49400.00-51470.00 Health Insurance 125,427.00 125,427.00 72,331.88 53,095.12 58%70,095.59 2,236.29
601-49400.00-51472.00 Retiree HCSP Contributions 3,065.00 3,065.00 1,863.62 1,201.38 61%1,857.49 6.13
601-49400.00-51473.00 Dental Insurance 4,619.00 4,619.00 2,775.24 1,843.76 60%2,789.97 (14.73)
601-49400.00-51474.00 Life Insurance 656.00 656.00 407.10 248.90 62%428.81 (21.71)
601-49400.00-51477.00 Workers Compensation Insurance 22,092.00 22,092.00 8,412.13 13,679.87 38%9,100.58 (688.45)
Personnel 1,331,210.00 1,331,210.00 764,238.96 566,971.04 57%758,552.54 5,686.42
Current Expenditures
601-41520.00-52010.00 Office Supplies 500.00 500.00 0.00 500.00 0%16.19 (16.19)
601-41520.00-52400.10 Small Equipment - General 500.00 500.00 0.00 500.00 0%0.00 0.00
601-41520.00-53100.80 Professional Services - General 3,000.00 3,000.00 0.00 3,000.00 0%250.00 (250.00)
601-41520.00-53120.10 Bank Service Fees 14,400.00 14,400.00 11,213.83 3,186.17 78%11,185.38 28.45
601-41520.00-53220.00 Postage/Shipping 11,500.00 11,500.00 9,972.29 1,527.71 87%11,008.78 (1,036.49)
601-41520.00-53310.10 Training and Employee Development 200.00 200.00 0.00 200.00 0%37.22 (37.22)
601-41520.00-53430.00 Printing Services 2,500.00 2,500.00 2,879.96 (379.96)115%1,771.93 1,108.03
601-41520.00-54020.00 Software Service Contract 3,555.00 3,555.00 0.00 3,555.00 0%0.00 0.00
601-49400.00-52010.00 Office Supplies 4,000.00 4,000.00 4,271.12 (271.12)107%3,467.46 803.66
601-49400.00-52050.00 Operating Supplies 2,000.00 2,000.00 1,441.87 558.13 72%222.95 1,218.92
601-49400.00-52051.00 Fuel 18,550.00 18,550.00 6,425.85 12,124.15 35%9,641.51 (3,215.66)
601-49400.00-52053.00 Chemicals 200,000.00 200,000.00 110,531.06 89,468.94 55%105,445.17 5,085.89
601-49400.00-52055.00 Uniforms/Personal Protective Equipment 4,950.00 4,950.00 3,234.38 1,715.62 65%4,017.49 (783.11)
601-49400.00-52200.02 Repair & Maint Supplies - Building 18,000.00 18,000.00 10,502.66 7,497.34 58%7,916.96 2,585.70
601-49400.00-52200.61 Repair & Maint Supplies Wells 15,000.00 15,000.00 1,235.68 13,764.32 8%11,858.54 (10,622.86)
601-49400.00-52200.62 Repair & Maint Supplies Water Treatment 50,000.00 50,000.00 24,166.16 25,833.84 48%15,652.89 8,513.27
601-49400.00-52200.63 Repair & Maint Supplies Water Distrib 101,500.00 101,500.00 21,932.91 79,567.09 22%27,842.05 (5,909.14)
601-49400.00-52400.10 Small Equipment - General 12,500.00 12,500.00 4,767.07 7,732.93 38%9,042.53 (4,275.46)
601-49400.00-52400.30 Small Equipment - Safety 7,700.00 7,700.00 0.00 7,700.00 0%1,416.71 (1,416.71)
601-49400.00-52500.20 Water Meters 140,000.00 140,000.00 61,989.62 78,010.38 44%81,167.73 (19,178.11)
601-49400.00-53100.20 Professional Services - Engineering 40,000.00 40,000.00 44,138.80 (4,138.80)110%10,812.56 33,326.24
601-49400.00-53100.70 Professional Services - Water Testing 31,500.00 31,500.00 2,188.43 29,311.57 7%2,588.05 (399.62)
601-49400.00-53100.80 Professional Services - General 7,000.00 7,000.00 14,999.90 (7,999.90)214%0.00 14,999.90
601-49400.00-53210.00 Telecommunications 16,450.00 16,450.00 8,413.60 8,036.40 51%9,148.00 (734.40)
601-49400.00-53230.00 Telecommunications Equipment 20,000.00 20,000.00 4,186.40 15,813.60 21%11,266.60 (7,080.20)
601-49400.00-53310.10 Training and Employee Development 23,550.00 23,550.00 11,759.06 11,790.94 50%11,591.13 167.93
601-49400.00-53610.00 Insurance - Gen Liability 6,675.00 6,675.00 5,171.25 1,503.75 77%5,118.49 52.76
601-49400.00-53630.00 Insurance - Auto 848.00 848.00 817.86 30.14 96%600.00 217.86
601-49400.00-53810.00 Utilities - Electric 208,990.00 208,990.00 152,522.80 56,467.20 73%127,368.37 25,154.43
601-49400.00-53820.00 Utilities - Gas 46,575.00 46,575.00 41,972.73 4,602.27 90%30,761.13 11,211.60
601-49400.00-53830.00 Utilities - Refuse Disposal 1,000.00 1,000.00 0.00 1,000.00 0%368.67 (368.67)
601-49400.00-53860.00 Utilities - Water 800,000.00 800,000.00 373,095.40 426,904.60 47%368,843.20 4,252.20
601-49400.00-54010.01 Maint Agreements - General 0.00 0.00 0.00 0.00 N/A 331.50 (331.50)
601-49400.00-54010.02 Maint Agreements - Buildings 55,100.00 55,100.00 44,616.93 10,483.07 81%41,694.61 2,922.32
601-49400.00-54010.05 Maint Agreements - Cleaning 26,000.00 26,000.00 15,753.59 10,246.41 61%11,451.00 4,302.59
City of Prior Lake
Water Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
601-49400.00-54010.61 Maint Agreements Wells 50,000.00 50,000.00 1,527.50 48,472.50 3%43,467.55 (41,940.05)
601-49400.00-54010.62 Maint Agreements Water Treatment 97,250.00 97,250.00 80,386.17 16,863.83 83%81,787.52 (1,401.35)
601-49400.00-54010.63 Maint Agreements Water Distrib 279,500.00 279,500.00 130,243.27 149,256.73 47%73,519.16 56,724.11
601-49400.00-54020.00 Software Service Contract 41,020.00 41,020.00 16,652.58 24,367.42 41%7,642.18 9,010.40
601-49400.00-54070.00 Rentals - Heavy Equipment 5,000.00 5,000.00 0.00 5,000.00 0%523.63 (523.63)
601-49400.00-54310.00 Memberships and Subscriptions 4,250.00 4,250.00 425.00 3,825.00 10%3,641.22 (3,216.22)
601-49400.00-54320.00 Miscellaneous Expense 10,000.00 10,000.00 12,602.86 (2,602.86)126%4,135.52 8,467.34
Current Expenditures 2,381,063.00 2,381,063.00 1,236,038.59 1,145,024.41 52%1,148,621.58 87,417.01
Principal
601-49400.00-56010.00 Bond Principal 135,000.00 135,000.00 0.00 135,000.00 0%0.00 0.00
Principal 135,000.00 135,000.00 0.00 135,000.00 0%0.00 0.00
Interest
601-49400.00-56110.00 Bond Interest 29,250.00 29,250.00 14,625.00 14,625.00 50%15,785.00 (1,160.00)
Interest 29,250.00 29,250.00 14,625.00 14,625.00 50%15,785.00 (1,160.00)
Capital Outlay
601-49400.00-55520.00 Building & Building Improvements 150,000.00 150,000.00 0.00 150,000.00 0%0.00 0.00
601-49400.00-55530.00 Infrastructure 57,500.00 57,500.00 45,829.32 11,670.68 80%14,134.50 31,694.82
601-49400.00-55550.00 Vehicles 60,000.00 60,000.00 52,561.18 7,438.82 88%65,891.21 (13,330.03)
601-49400.00-55570.00 Machinery and Equipment 210,000.00 300,500.00 11,918.00 288,582.00 4%0.00 11,918.00
601-49400.00-55580.00 Software 500,000.00 0.00 10,232.96 (10,232.96)N/A 0.00 10,232.96
601-49400.00-55700.00 Contra Capital Outlay-Assets Capitalized 0.00 0.00 0.00 0.00 N/A (103,291.21)103,291.21
Capital Outlay 977,500.00 568,000.00 120,541.46 447,458.54 21%(23,265.50)143,806.96
Other Financing Uses
601-80000.00-59203.00 Transfers to Other Funds 993,883.00 993,883.00 363,167.00 630,716.00 37%422,927.00 (59,760.00)
Other Financing Uses 993,883.00 993,883.00 363,167.00 630,716.00 37%422,927.00 (59,760.00)
TOTAL EXPENDITURES 5,847,906.00 5,438,406.00 2,498,611.01 2,939,794.99 46%2,322,620.62 175,990.39
Fund 601 - WATER FUND:
TOTAL REVENUES 6,131,535.00 6,131,535.00 3,345,659.26 2,785,875.74 55%2,766,902.93 578,756.33
TOTAL EXPENDITURES 5,847,906.00 5,438,406.00 2,498,611.01 2,939,794.99 46%2,322,620.62 175,990.39
NET OF REVENUES & EXPENDITURES 283,629.00 693,129.00 847,048.25 (153,919.25)444,282.31 402,765.94
City of Prior Lake
Sewer Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Operating Revenue
604-00000.00-36102.00 County Assess. Collection 0.00 0.00 27,366.67 (27,366.67)N/A 18,164.63 9,202.04
604-49450.00-37102.00 Utility Receipts - Sewer 2,172,946.00 2,172,946.00 1,009,462.17 1,163,483.83 46%767,652.82 241,809.35
604-49450.00-37104.00 Utility Recpt-Sewer MCES 2,092,022.00 2,092,022.00 1,348,837.72 743,184.28 64%1,214,288.65 134,549.07
604-49450.00-37106.00 Spring Lake Township Utility Surcharge 0.00 0.00 4,607.54 (4,607.54)N/A 0.00 4,607.54
604-49450.00-37110.00 Utility Base Fee Revenue 1,311,476.00 1,311,476.00 732,426.18 579,049.82 56%663,433.52 68,992.66
604-49450.00-37160.00 Penalties 5,000.00 5,000.00 4,787.99 212.01 96%3,793.80 994.19
Operating Revenue 5,581,444.00 5,581,444.00 3,127,488.27 2,453,955.73 56%2,667,333.42 460,154.85
Non-Operating Revenue
604-00000.00-36210.00 Interest Earnings 106,400.00 106,400.00 123,987.68 (17,587.68)117%107,638.52 16,349.16
604-00000.00-36212.00 Miscellaneous Revenue 0.00 0.00 7,300.00 (7,300.00)N/A 0.00 7,300.00
604-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 66,375.79 (66,375.79)N/A 72,311.37 (5,935.58)
Non-Operating Revenue 106,400.00 106,400.00 197,663.47 (91,263.47)186%179,949.89 17,713.58
Other Financing Sources
604-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 4,906.00 (4,906.00)N/A 51,408.00 (46,502.00)
Other Financing Sources 0.00 0.00 4,906.00 (4,906.00)N/A 51,408.00 (46,502.00)
TOTAL REVENUES 5,687,844.00 5,687,844.00 3,330,057.74 2,357,786.26 59%2,898,691.31 431,366.43
Expenditures
Personnel
604-41520.00-51100.01 Wages - Full Time 70,171.00 70,171.00 46,020.76 24,150.24 66%45,415.59 605.17
604-41520.00-51110.01 Overtime - Full Time 1,000.00 1,000.00 0.00 1,000.00 0%0.00 0.00
604-41520.00-51400.00 Compensated Absences 526.00 526.00 345.06 180.94 66%272.31 72.75
604-41520.00-51450.00 Social Security Contributions 4,413.00 4,413.00 2,808.45 1,604.55 64%2,721.61 86.84
604-41520.00-51451.00 Medicare Contributions 1,032.00 1,032.00 656.61 375.39 64%636.09 20.52
604-41520.00-51460.00 PERA Contributions 5,263.00 5,263.00 3,451.43 1,811.57 66%3,406.10 45.33
604-41520.00-51470.00 Health Insurance 11,039.00 11,039.00 8,049.79 2,989.21 73%7,374.63 675.16
604-41520.00-51472.00 Retiree HCSP Contributions 300.00 300.00 224.68 75.32 75%224.66 0.02
604-41520.00-51473.00 Dental Insurance 506.00 506.00 373.10 132.90 74%363.43 9.67
604-41520.00-51474.00 Life Insurance 68.00 68.00 44.07 23.93 65%44.03 0.04
604-41520.00-51477.00 Workers Compensation Insurance 323.00 323.00 182.71 140.29 57%203.71 (21.00)
604-49450.00-51100.01 Wages - Full Time 493,499.00 493,499.00 304,183.66 189,315.34 62%334,766.27 (30,582.61)
604-49450.00-51110.01 Overtime - Full Time 30,000.00 30,000.00 8,956.74 21,043.26 30%14,155.50 (5,198.76)
604-49450.00-51208.01 Sick Leave - Buy Down 0.00 0.00 8,308.63 (8,308.63)N/A 4,435.65 3,872.98
604-49450.00-51301.00 Accrued Comp Time 0.00 0.00 5,330.19 (5,330.19)N/A 6,780.77 (1,450.58)
604-49450.00-51400.00 Compensated Absences 3,701.00 3,701.00 2,188.53 1,512.47 59%1,979.36 209.17
604-49450.00-51450.00 Social Security Contributions 32,457.00 32,457.00 17,385.08 15,071.92 54%18,907.17 (1,522.09)
COMPARATIVE
City of Prior Lake
Sewer Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
604-49450.00-51451.00 Medicare Contributions 7,591.00 7,591.00 4,065.44 3,525.56 54%4,421.81 (356.37)
604-49450.00-51460.00 PERA Contributions 39,262.00 39,262.00 22,366.92 16,895.08 57%24,411.64 (2,044.72)
604-49450.00-51470.00 Health Insurance 75,838.00 75,838.00 45,187.76 30,650.24 60%50,843.04 (5,655.28)
604-49450.00-51472.00 Retiree HCSP Contributions 1,664.00 1,664.00 1,024.82 639.18 62%1,377.28 (352.46)
604-49450.00-51473.00 Dental Insurance 2,597.00 2,597.00 1,456.53 1,140.47 56%1,718.31 (261.78)
604-49450.00-51474.00 Life Insurance 346.00 346.00 214.44 131.56 62%245.14 (30.70)
604-49450.00-51477.00 Workers Compensation Insurance 20,291.00 20,291.00 6,410.18 13,880.82 32%14,451.28 (8,041.10)
Personnel 801,887.00 801,887.00 489,235.58 312,651.42 61%539,155.38 (49,919.80)
Current Expenditures
604-41520.00-52010.00 Office Supplies 500.00 500.00 0.00 500.00 0%22.49 (22.49)
604-41520.00-52400.10 Small Equipment - General 210.00 210.00 0.00 210.00 0%0.00 0.00
604-41520.00-53100.80 Professional Services - General 3,000.00 3,000.00 0.00 3,000.00 0%250.00 (250.00)
604-41520.00-53120.10 Bank Service Fees 14,400.00 14,400.00 11,213.81 3,186.19 78%11,185.31 28.50
604-41520.00-53220.00 Postage/Shipping 11,500.00 11,500.00 9,972.29 1,527.71 87%11,008.78 (1,036.49)
604-41520.00-53310.10 Training and Employee Development 200.00 200.00 0.00 200.00 0%0.00 0.00
604-41520.00-53430.00 Printing Services 2,500.00 2,500.00 2,879.92 (379.92)115%1,771.92 1,108.00
604-41520.00-54020.00 Software Service Contract 3,555.00 3,555.00 0.00 3,555.00 0%0.00 0.00
604-49450.00-52010.00 Office Supplies 1,500.00 1,500.00 1,302.82 197.18 87%469.53 833.29
604-49450.00-52050.00 Operating Supplies 5,000.00 5,000.00 1,397.80 3,602.20 28%0.00 1,397.80
604-49450.00-52051.00 Fuel 19,250.00 19,250.00 6,425.85 12,824.15 33%9,641.48 (3,215.63)
604-49450.00-52055.00 Uniforms/Personal Protective Equipment 3,800.00 3,800.00 2,577.59 1,222.41 68%2,763.43 (185.84)
604-49450.00-52200.80 Repair & Maint Supplies Sewer fund 0.00 0.00 0.00 0.00 N/A 206.74 (206.74)
604-49450.00-52200.81 Repair & Maint Supplies Sewer Collection 34,500.00 34,500.00 5,354.96 29,145.04 16%22,208.34 (16,853.38)
604-49450.00-52200.82 Repair & Maint Supplies Lift Stations 45,000.00 45,000.00 11,886.19 33,113.81 26%8,223.67 3,662.52
604-49450.00-52400.10 Small Equipment - General 8,000.00 8,000.00 2,199.83 5,800.17 27%8,907.17 (6,707.34)
604-49450.00-52400.30 Small Equipment - Safety 7,750.00 7,750.00 0.00 7,750.00 0%4,159.03 (4,159.03)
604-49450.00-53100.20 Professional Services - Engineering 9,200.00 9,200.00 12,767.25 (3,567.25)139%8,256.64 4,510.61
604-49450.00-53100.80 Professional Services - General 7,000.00 7,000.00 14,999.90 (7,999.90)214%0.00 14,999.90
604-49450.00-53210.00 Telecommunications 57,000.00 76,000.00 23,406.54 52,593.46 31%22,126.47 1,280.07
604-49450.00-53310.10 Training and Employee Development 17,000.00 17,000.00 6,021.15 10,978.85 35%8,846.93 (2,825.78)
604-49450.00-53610.00 Insurance - Gen Liability 6,675.00 6,675.00 5,171.25 1,503.75 77%5,118.50 52.75
604-49450.00-53630.00 Insurance - Auto 1,974.00 1,974.00 1,393.68 580.32 71%1,396.74 (3.06)
604-49450.00-53810.00 Utilities - Electric 75,080.00 75,080.00 56,911.36 18,168.64 76%51,749.13 5,162.23
604-49450.00-53900.00 MCES Installment 2,090,201.00 2,090,201.00 1,567,650.42 522,550.58 75%1,541,618.02 26,032.40
604-49450.00-54010.81 Maint Agreements Sewer Collection 67,000.00 67,000.00 60,953.75 6,046.25 91%91,738.17 (30,784.42)
604-49450.00-54010.82 Maint Agreements Lift Stations 102,000.00 102,000.00 60,053.35 41,946.65 59%85,755.15 (25,701.80)
604-49450.00-54020.00 Software Service Contract 44,020.00 44,020.00 16,652.57 27,367.43 38%7,642.19 9,010.38
604-49450.00-54070.00 Rentals - Heavy Equipment 5,000.00 5,000.00 0.00 5,000.00 0%0.00 0.00
Current Expenditures 2,642,815.00 2,661,815.00 1,881,192.28 780,622.72 71%1,905,065.83 (23,873.55)
Principal
604-49450.00-56010.00 Bond Principal 135,000.00 135,000.00 0.00 135,000.00 0%0.00 0.00
Principal 135,000.00 135,000.00 0.00 135,000.00 0%0.00 0.00
City of Prior Lake
Sewer Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Interest
604-49450.00-56110.00 Bond Interest 29,250.00 29,250.00 14,625.00 14,625.00 50%15,785.00 (1,160.00)
Interest 29,250.00 29,250.00 14,625.00 14,625.00 50%15,785.00 (1,160.00)
Capital Outlay
604-49450.00-55010.00 Projects - Contract Vouchers 0.00 0.00 6,938.75 (6,938.75)N/A 0.00 6,938.75
604-49450.00-55050.00 Projects - Professional Services 0.00 0.00 8,503.50 (8,503.50)N/A 0.00 8,503.50
604-49450.00-55530.00 Infrastructure 454,500.00 454,500.00 42,520.70 411,979.30 9%55,009.22 (12,488.52)
604-49450.00-55570.00 Machinery and Equipment 709,000.00 709,000.00 51,025.25 657,974.75 7%31,764.94 19,260.31
604-49450.00-55580.00 Software 0.00 500,000.00 37,970.89 462,029.11 8%0.00 37,970.89
604-49450.00-55700.00 Contra Capital Outlay-Assets Capitalized 0.00 0.00 0.00 0.00 N/A (24,206.00)24,206.00
Capital Outlay 1,163,500.00 1,663,500.00 146,959.09 1,516,540.91 9%62,568.16 84,390.93
Other Financing Uses
604-80000.00-59203.00 Transfers to Other Funds 407,133.00 407,133.00 381,361.70 25,771.30 94%656,568.00 (275,206.30)
Other Financing Uses 407,133.00 407,133.00 381,361.70 25,771.30 94%656,568.00 (275,206.30)
TOTAL EXPENDITURES 5,179,585.00 5,698,585.00 2,913,373.65 2,785,211.35 51%3,179,142.37 (265,768.72)
Fund 604 - SEWER FUND:
TOTAL REVENUES 5,687,844.00 5,687,844.00 3,330,057.74 2,357,786.26 59%2,898,691.31 431,366.43
TOTAL EXPENDITURES 5,179,585.00 5,698,585.00 2,913,373.65 2,785,211.35 51%3,179,142.37 (265,768.72)
NET OF REVENUES & EXPENDITURES 508,259.00 (10,741.00)416,684.09 (427,425.09)(280,451.06)697,135.15
City of Prior Lake
Water Quality Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Operating Revenue
602-49420.00-33422.10 State Aids/Grants - Operating Grants 0.00 0.00 0.00 0.00 N/A 38,000.00 (38,000.00)
602-49420.00-37120.00 Storm Water Revenue 2,000,772.00 2,000,772.00 1,141,417.57 859,354.43 57% 876,601.90 264,815.67
602-49420.00-37160.00 Penalties 1,500.00 1,500.00 1,520.34 (20.34) 101% 1,115.24 405.10
Operating Revenue 2,002,272.00 2,002,272.00 1,142,937.91 859,334.09 57% 915,717.14 227,220.77
Non-Operating Revenue
602-00000.00-36210.00 Interest Earnings 69,300.00 69,300.00 122,186.81 (52,886.81) 176% 79,681.42 42,505.39
602-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 52,651.42 (52,651.42) N/A 61,124.09 (8,472.67)
602-49420.00-32250.00 Wetland Conservation Act Fees 0.00 0.00 150.00 (150.00)N/A 0.00 150.00
Non-Operating Revenue 69,300.00 69,300.00 174,988.23 (105,688.23)253%140,805.51 34,182.72
Other Financing Sources
602-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 9,810.00 (9,810.00)N/A 2,395.00 7,415.00
602-49420.00-39310.00-STM23-000001 G.O. Bond Proceeds 0.00 0.00 0.00 0.00 N/A 507,400.00 (507,400.00)
602-49420.00-39310.00-STM24-000001 G.O. Bond Proceeds 0.00 0.00 0.00 0.00 N/A 672,600.00 (672,600.00)
602-49420.00-39315.00-STM23-000001 Projects - Bond Premium 0.00 0.00 0.00 0.00 N/A 26,230.56 (26,230.56)
602-49420.00-39315.00-STM24-000001 Projects - Bond Premium 0.00 0.00 0.00 0.00 N/A 34,770.74 (34,770.74)
Other Financing Sources 0.00 0.00 9,810.00 (9,810.00)N/A 1,243,396.30 (1,233,586.30)
TOTAL REVENUES 2,071,572.00 2,071,572.00 1,327,736.14 743,835.86 64%2,299,918.95 (972,182.81)
Expenditures
Personnel
602-49420.00-51100.01 Wages - Full Time 296,888.00 296,888.00 167,328.72 129,559.28 56%123,465.40 43,863.32
602-49420.00-51100.03 Wages - Seasonal/Temporary 8,000.00 8,000.00 0.00 8,000.00 0%9,111.75 (9,111.75)
602-49420.00-51110.01 Overtime - Full Time 3,500.00 3,500.00 3,348.59 151.41 96%4,817.74 (1,469.15)
602-49420.00-51301.00 Accrued Comp Time 0.00 0.00 293.80 (293.80)N/A 1,265.58 (971.78)
602-49420.00-51400.00 Compensated Absences 2,227.00 2,227.00 1,260.96 966.04 57%661.58 599.38
602-49420.00-51450.00 Social Security Contributions 19,120.00 19,120.00 10,206.29 8,913.71 53%7,788.85 2,417.44
602-49420.00-51451.00 Medicare Contributions 4,472.00 4,472.00 2,386.99 2,085.01 53%1,821.45 565.54
602-49420.00-51460.00 PERA Contributions 22,529.00 22,529.00 12,800.79 9,728.21 57%9,003.67 3,797.12
602-49420.00-51470.00 Health Insurance 48,476.00 48,476.00 22,529.70 25,946.30 46%16,058.35 6,471.35
602-49420.00-51472.00 Retiree HCSP Contributions 892.00 892.00 372.59 519.41 42%398.39 (25.80)
602-49420.00-51473.00 Dental Insurance 1,575.00 1,575.00 840.11 734.89 53%568.39 271.72
602-49420.00-51474.00 Life Insurance 203.00 203.00 120.07 82.93 59%90.98 29.09
602-49420.00-51477.00 Workers Compensation Insurance 4,307.00 4,307.00 1,543.78 2,763.22 36%1,837.10 (293.32)
Personnel 412,189.00 412,189.00 223,032.39 189,156.61 54%176,889.23 46,143.16
COMPARATIVE
City of Prior Lake
Water Quality Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Current Expenditures
602-49420.00-52010.00 Office Supplies 750.00 750.00 555.92 194.08 74%143.84 412.08
602-49420.00-52050.00 Operating Supplies 1,000.00 1,000.00 962.26 37.74 96%1,755.02 (792.76)
602-49420.00-52051.00 Fuel 13,300.00 13,300.00 2,731.53 10,568.47 21%4,773.19 (2,041.66)
602-49420.00-52055.00 Uniforms/Personal Protective Equipment 950.00 950.00 876.53 73.47 92%148.98 727.55
602-49420.00-52200.71 Repair & Maint Supplies Storm Sewer Sys 35,000.00 35,000.00 16,864.44 18,135.56 48%17,562.15 (697.71)
602-49420.00-52400.30 Small Equipment - Safety 7,000.00 7,000.00 86.98 6,913.02 1%765.44 (678.46)
602-49420.00-53100.80 Professional Services - General 143,000.00 143,000.00 99,661.78 43,338.22 70%47,728.93 51,932.85
602-49420.00-53210.00 Telecommunications 1,200.00 1,200.00 1,024.74 175.26 85%731.16 293.58
602-49420.00-53310.10 Training and Employee Development 2,750.00 2,750.00 760.88 1,989.12 28%1,416.41 (655.53)
602-49420.00-53630.00 Insurance - Auto 135.00 135.00 95.40 39.60 71%95.61 (0.21)
602-49420.00-54010.71 Maint Agreements Storm sewer system 162,000.00 162,000.00 23,981.00 138,019.00 15%51,254.50 (27,273.50)
602-49420.00-54020.00 Software Service Contract 7,100.00 7,100.00 6,877.57 222.43 97%6,522.19 355.38
602-49420.00-54070.00 Rentals - Heavy Equipment 10,000.00 10,000.00 0.00 10,000.00 0%18,701.06 (18,701.06)
602-49420.00-54200.00 Depreciation 0.00 0.00 0.00 0.00 N/A 593.82 (593.82)
602-49420.00-54310.00 Memberships and Subscriptions 2,500.00 2,500.00 2,340.00 160.00 94%1,596.05 743.95
602-49420.00-54320.00 Miscellaneous Expense 1,000.00 1,000.00 0.00 1,000.00 0%75.45 (75.45)
Current Expenditures 387,685.00 387,685.00 156,819.03 230,865.97 40% 153,863.80 2,955.23
Principal
602-49420.00-56010.00 Bond Principal 20,000.00 20,000.00 41,504.86 (21,504.86) 208% 0.00 41,504.86
Principal 20,000.00 20,000.00 41,504.86 (21,504.86) 208% 0.00 41,504.86
Interest
602-49420.00-56110.00 Bond Interest 66,830.00 66,830.00 0.00 66,830.00 0%0.00 0.00
602-49420.00-56300.00 Other Debt Service Expenses 0.00 0.00 0.00 0.00 N/A 34,751.00 (34,751.00)
Interest 66,830.00 66,830.00 0.00 66,830.00 0%34,751.00 (34,751.00)
Capital Outlay
602-49420.00-55020.00 Projects - Engineering 0.00 0.00 24,545.37 (24,545.37)N/A 0.00 24,545.37
602-49420.00-55050.00 Projects - Professional Services 0.00 0.00 4,222.00 (4,222.00)N/A 46,212.00 (41,990.00)
602-49420.00-55530.00 Infrastructure 545,000.00 560,000.00 158,586.25 401,413.75 28%219,890.75 (61,304.50)
Capital Outlay 545,000.00 560,000.00 187,353.62 372,646.38 33%266,102.75 (78,749.13)
Other Financing Uses
602-80000.00-59203.00 Transfers to Other Funds 902,300.00 902,300.00 756,361.50 145,938.50 84%409,480.70 346,880.80
Other Financing Uses 902,300.00 902,300.00 756,361.50 145,938.50 84%409,480.70 346,880.80
TOTAL EXPENDITURES 2,334,004.00 2,349,004.00 1,365,071.40 983,932.60 58%1,041,087.48 323,983.92
City of Prior Lake
Water Quality Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
COMPARATIVE
Fund 602 - STORM WATER UTILITY:
TOTAL REVENUES 2,071,572.00 2,071,572.00 1,327,736.14 743,835.86 64%2,299,918.95 (972,182.81)
TOTAL EXPENDITURES 2,334,004.00 2,349,004.00 1,365,071.40 983,932.60 58%1,041,087.48 323,983.92
NET OF REVENUES & EXPENDITURES (262,432.00)(277,432.00)(37,335.26)(240,096.74)1,258,831.47 (1,296,166.73)
City of Prior Lake
Economic Development Authority Special Revenue Fund
As of 9/30/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 9/30/2024 from 2024
Revenues
Taxes
240-00000.00-31010.00 Current Property Taxes - General Purpos382,506.00 382,506.00 196,785.31 185,720.69 51%187,268.85 9,516.46
240-00000.00-31040.00 Fiscal Disparities 22,494.00 22,494.00 14,212.35 8,281.65 63%10,181.10 4,031.25
Taxes 405,000.00 405,000.00 210,997.66 194,002.34 52%197,449.95 13,547.71
Charges for Services
240-46500.00-34760.02 Facility Rental - EDA 24,588.00 24,588.00 22,490.00 2,098.00 91%23,369.04 (879.04)
Charges for Services 24,588.00 24,588.00 22,490.00 2,098.00 91%23,369.04 (879.04)
Interest (losses) on investments
240-00000.00-36210.00 Interest Earnings 9,800.00 9,800.00 14,035.17 (4,235.17)143%9,495.28 4,539.89
240-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 7,538.87 (7,538.87)N/A 7,657.09 (118.22)
Interest (losses) on investments 9,800.00 9,800.00 21,574.04 (11,774.04)220%17,152.37 4,421.67
TOTAL REVENUES 439,388.00 439,388.00 255,061.70 184,326.30 58%237,971.36 17,090.34
Expenditures
Personal Services
46500.00 ECONOMIC DEVELOPMENT 167,888.00 167,888.00 97,747.17 70,140.83 58%86,091.59 11,655.58
Personal Services 167,888.00 167,888.00 97,747.17 70,140.83 58%86,091.59 11,655.58
Current Expenditures
46500.00 ECONOMIC DEVELOPMENT 171,950.00 171,950.00 19,152.73 152,797.27 11%23,534.85 (4,382.12)
Current Expenditures 171,950.00 171,950.00 19,152.73 152,797.27 11%23,534.85 (4,382.12)
Capital Outlay
46500.00 ECONOMIC DEVELOPMENT 385,000.00 385,000.00 0.00 385,000.00 0%0.00 0.00
Capital Outlay 385,000.00 385,000.00 0.00 385,000.00 0%0.00 0.00
TOTAL EXPENDITURES 724,838.00 724,838.00 116,899.90 607,938.10 16%109,626.44 7,273.46
Fund 240 - EDA SPECIAL REVENUE FUND:
TOTAL REVENUES 439,388.00 439,388.00 255,061.70 184,326.30 58%237,971.36 17,090.34
TOTAL EXPENDITURES 724,838.00 724,838.00 116,899.90 607,938.10 16%109,626.44 7,273.46
NET OF REVENUES & EXPENDITURES (285,450.00)(285,450.00)138,161.80 (423,611.80)128,344.92 9,816.88
COMPARATIVE