Regular Meeting (Budget Report)

This document is a Profit & Loss Budget vs. Actual report for the Township of Kasson, covering the period from April 2024 to February 2025. It details the township’s income and expenses across various departments and revenue streams, providing a comparative analysis of budgeted versus actual figures.

The report begins with a breakdown of ordinary income, totaling $289,169.93 against a budgeted $535,919.00. Significant revenue sources include taxes, state shared revenue, and licenses & permits. Expenses for the Township Board, Supervisor, Clerk, Board of Review, Treasurer, Assessor, Elections, Township Hall, Cemetery, Planning Commission, Zoning, and Parks and Recreation are then itemized. The largest expense categories are for the Township Board and Zoning.

Following ordinary income and expenses, the document presents other income and expenses related to Fire Revenue, with a total other income of $315,913.05 and other expenses of $327,868.53. Key revenue streams include fire millage, and the primary expense category relates to fire and rescue operations.

The net results show an overall net income of $28,822.42. The document provides detailed figures for each line item within the various categories, enabling a granular view of the township’s financial performance during the specified period.