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City of Muskegon
2004 Proposed Budget
Summary of Budgeted Funds

                                                             Projected Beginning                                                                                                    Projected Ending 
                                                           Fund Balance/Working                         Projected                                Projected                                   Fund 
Fund Name                                                              Capital                          Revenues                               Expenditures                         Balance/Working 


General                                                                          2,797,798
                                                           $                                        $    23,244,860
                                                                                                                                             $     23,631,714
                                                                                                                                                                                 $                2,410,944
                                                                                                                                                                                                      

Major Streets                                                                         443,895
                                                                                                          10,311,986
                                                                                                                                                    10,558,804
                                                                                                                                                                                                      197,077
                                                                                                                                                                                                           

Local Streets                                                                            2,866
                                                                                                            2,039,934
                                                                                                                                                      2,022,769
                                                                                                                                                                                                        20,032
                                                                                                                                                                                                                     

L.C.Walker Arena                                                                       33,195
                                                                                                               886,500
                                                                                                                                                         903,247
                                                                                                                                                                                                        16,448
                                                                                                                                                                                                                     

Sidewalk Improvement                                                             1,094,083
                                                                                                               460,000
                                                                                                                                                         816,498
                                                                                                                                                                                                      737,585
                                                                                                                                                                                                           

Public Improvement                                                               1,113,797
                                                                                                               720,000
                                                                                                                                                         530,000
                                                                                                                                                                                                   1,303,797
                                                                                                                                                                                                      

State Grants                                                                                  -             660,076
                                                                                                                                                         660,076
                                                                                                                                                                                                                 - 

Municipal Golf Course (Trail Matching Funds)                                          276,322
                                                                                                                   2,000
                                                                                                                                                                            -
                                                                                                                                                                                            278,322
                                                                                                                                                                                                           

Marina & Launch Ramp                                                                     5,948
                                                                                                               280,000
                                                                                                                                                         242,847
                                                                                                                                                                                                        43,101
                                                                                                                                                                                                                     

Public Service Building                                                          (103,250)
                                                                                                               569,872
                                                                                                                                                         578,582
                                                                                                                                                                                                    (111,960)
                                                                                                                                                                                                           

Engineering Services                                                                   56,370
                                                                                                               619,000
                                                                                                                                                         668,374
                                                                                                                                                                                                          6,996
                                                                                                                                                                                                                          

Equipment                                                                             670,926
                                                                                                            2,260,000
                                                                                                                                                      2,283,285
                                                                                                                                                                                                      647,641
                                                                                                                                                                                                           

General Insurance                                                                     996,633
                                                                                                            4,125,318
                                                                                                                                                      4,120,102
                                                                                                                                                                                                   1,001,849
                                                                                                                                                                                                      

Sewer                                                                            1,558,530
                                                                                                            4,720,000
                                                                                                                                                      4,677,966
                                                                                                                                                                                                   1,600,564
                                                                                                                                                                                                      

Water                                                                            4,502,864
                                                                                                          16,889,897
                                                                                                                                                    17,209,705
                                                                                                                                                                                                   4,183,056
                                                                                                                                                                                                      

                                                                                                                                                                                                                 - 

Minor Funds:                                                                                                                                                                                                     - 

Criminal Forfeitures Fund                                                              82,007
                                                                                                                 10,000
                                                                                                                                                           10,000
                                                                                                                                                                                                        82,007
                                                                                                                                                                                                                     

Budget Stabilization Fund                                                        1,000,000
                                                                                                                                        -
                                                                                                                                         500,000
                                                                                                                                                                                                      500,000
                                                                                                                                                                                                                

Land Reutilization Fund                                                                23,162
                                                                                                                   1,000
                                                                                                                                                             1,000
                                                                                                                                                                                                        23,162
                                                                                                                                                                                                                     

Tree Replacement Fund                                                                    7,630
                                                                                                                   3,000
                                                                                                                                                             3,000
                                                                                                                                                                                                          7,630
                                                                                                                                                                                                                          

Tax Increment Finance Authority Debt Fund                                                     -               60,000
                                                                                                                                                           60,000
                                                                                                                                                                                                                 - 

Special Assessment Debt Service Fund                                                  181,041
                                                                                                               100,000
                                                                                                                                                           70,000
                                                                                                                                                                                                      211,041
                                                                                                                                                                                                           

Downtown Development Authority Debt Fund                                                 8,202
                                                                                                               550,000
                                                                                                                                                         460,000
                                                                                                                                                                                                        98,202
                                                                                                                                                                                                                     

Local Development Finance Authority I Fund                                                 309
                                                                                                                        10
                                                                                                                                                                            -
                                                                                                                                                                                                   319
                                                                                                                                                                                                                               

Local Development Finance Authority II Fund                                                   -                                         -
                                                                                                                                                                            -
                                                                                                                                                                                                       - 

Local Development Finance Authority III Fund (Smartzone                               702,444
                                                                                                                 50,000
                                                                                                                                                         205,147
                                                                                                                                                                                                      547,297
                                                                                                                                                                                                           


  Total All Budgeted Funds                                                   15,454,772
                                                           $                                        $    68,563,453
                                                                                                                                             $     70,213,116
                                                                                                                                                                                 $              13,805,109