ANNUAL REPORT FOR CITY OF BIG STONE CITY
ANNUAL REPORT FOR CITY OF BIG STONE CITY
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2024
GOVERNMENTAL FUNDS-MODIFIED CASH Basis
Total
General Fund Governmental Funds
Beginning Balance 89,740.16 89,740.16
Revenues and Other Sources:
Taxes:
Property Taxes 158,283.18 158,283.18
General Sales and Use Taxes 482,228.20 482,228.20
Licenses and Permits 4,906.00 4,906.00
Intergovernmental Revenues:
State Shared Revenue 7,364.17 7,364.17
County Road Tax 412.35 412.35
Charges for Goods and Services:
General Government 30,957.02 30,957.02
Highway and Streets 12,886.86 12,886.86
Sanitation 56,772.59 56,772.59
Other 20,621.66 20,621.66
Bank Franchise Tax 841.08 841.08
Liquor Tax Revision 2,751.47 2,751.47
Miscellaneous Revenue and Other Sources:
Investment Earnings 28,388.08 28,388.08
Rentals 400.00 400.00
Contributions and Donations from Private Sources 12,787.00 12,787.00
Other Revenues 12,590.80 12,590.80
Total Revenue and Other Sources 832,190.46 832,190.46
Expenditures and Other Uses:
Legislative 20,594.67 20,594.67
Executive 3,543.83 3,543.83
Elections 160.57 160.57
Financial Administration 181,084.98 181,084.98
Other General Government 47,537.32 47,537.32
Police 105,159.23 105,159.23
Fire 27,183.51 27,183.51
Highways and Streets 257,851.98 257,851.98
Sanitation 61,376.52 61,376.52
Health 7,832.13 7,832.13
Recreation 690.00 690.00
Parks 25,466.74 25,466.74
Libraries 1,736.91 1,736.91
Other Expenditures 10,173.36 10,173.36
Total Expenditures and Other Uses 750,391.75 750,391.75
Transfers In (Out) 0.00 0.00
Special Item (specify) 0.00 0.00
Extraordinary Item (specify) 0.00 0.00
Increase/Decrease in Fund Balance 81,798.71 81,798.71
PROPRIETARY FUNDS-MODIFIED CASH Basis
Water Fund Sewer Fund Electric Fund Liquor Fund
Beginning Balance 682,226.82 103,048.70 1,593,848.84 247,325.15
Revenues 217,329.79 92,342.77 655,902.68 562,493.53
Expenses 158,478.71 48,866.66 642,634.02 614,775.68
Ending Balance: 741,077.90 146,524.81 1,607,117.50 195,043.00
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 at 1-605-862-8121.
Municipal funds are deposited as follows:
Depository Amount
MinnWest Bank $1,254,904.40
SD Public Funds Investments $135,113.01
On Site $15,300.00
Category:
Grant County Review
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