By Aberdeen Insider - September 11, 2025 in CITY OF MELLETTE
NOTICE OF ANNUAL REPORT
AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2024
| GOVERNMENTAL FUNDS–MODIFIED CASH BASIS | |||||
| Post Office | Total | ||||
| General Fund | Fund | Governmental Funds | |||
| Beginning Balance | 200,504.72 | 3,799.47 | 204,304.19 | ||
| Revenues and Other Sources: | |||||
| Taxes: | |||||
| Property Taxes | 99,884.72 | 99,884.72 | |||
| General Sales and Use Taxes | 127,368.96 | 127,368.96 | |||
| Penalties and Interest on | |||||
| Delinquent Taxes | 1,249.97 | 1,249.97 | |||
| Licenses and Permits | 159.00 | 159.00 | |||
| Intergovernmental Revenues: | |||||
| County Shared Revenue: | 22,384.31 | 22,384.31 | |||
| Charges for Goods and Services: | |||||
| General Government | 0.00 | ||||
| Public Safety | 8,839.59 | 8,839.59 | |||
| Miscellaneous Revenue and Other Sources: | |||||
| Investment Earnings | 36.25 | 36.25 | |||
| Rentals | 7,122.96 | 7,122.96 | |||
| Other Revenues | 1,964.15 | 1,964.15 | |||
| Total Revenue and Other Sources | 261,886.95 | 7,122.96 | 269,009.91 | ||
| Expenditures and Other Uses: | |||||
| Legislative | 7,574.65 | 7,574.65 | |||
| Financial Administration | 7,208.69 | 7,208.69 | |||
| Other General Government | 16,633.82 | 6,300.00 | 22,933.82 | ||
| Fire | 13,470.16 | 13,470.16 | |||
| Highways and Streets | 409,397.99 | 409,397.99 | |||
| Parks | 17,813.61 | 17,813.61 | |||
| Total Expenditures and Other Uses | 472,098.92 | 6,300.00 | 478,398.92 | ||
| Transfers In (Out) | 1,907.65 | 1,907.65 | |||
| Special Item (specify) | 0.00 | ||||
| Extraordinary Item (specify) | 0.00 | ||||
| Increase/Decrease in Fund Balance | -208,304.32 | 822.96 | -207,481.36 | ||
| Ending Fund Balance: | |||||
| Nonspendable | 0.00 | ||||
| Restricted | 0.00 | ||||
| Committed | 0.00 | ||||
| Assigned | 0.00 | ||||
| Unassigned | 200,597.07 | 3,799.47 | 204,396.54 | ||
| Total Ending Fund Balance | 200,597.07 | 3,799.47 | 204,396.54 | ||
| Governmental Long-term Debt | |||||
| PROPRIETARY FUNDS–MODIFIED CASH BASIS | |||||
| Water Fund | Sewer Fund | ||||
| Beginning Balance | (1,630.28) | 53,329.08 | |||
| Revenues | 96,756.89 | 57,056.67 | |||
| Expenses | 81,068.84 | 46,305.63 | |||
| Transfers In (Out) | 2,000.00 | ||||
| Ending Balance: | |||||
| Restricted for ________________ | |||||
| Unrestricted | 16,057.77 | 64,080.12 | |||
| Long-term Debt | 256,964.73 | 463,075.00 | |||
| 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 [email protected]. | |||||
| Municipal funds are deposited as follows: | |||||
| Depository | Amount | ||||
| American Bank and Trust | $ 73,145.42 | ||||
Published once on September 11, 2025, at the total approximate cost of $80.29 and may be viewed free of charge at www.sdpublicnotices.com and www.aberdeeninsider.com