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Memo - City Council
<br /> 2013 Proposed Final Budget and Tax Levy
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<br /> so we will not need to increase the City's contribution. Dental has increased by 3.5%. Short-
<br /> term Disability, Long-term Disability, and Life Insurance rates will remain the same as 2012.
<br /> General Fund
<br /> Revenues and expenditures are shown in the table below. We have highlighted items that impact
<br /> the tax levy and proposed budget on the next page to give you a brief overview. More detailed
<br /> commentary is found in the department and fund pages of the budget document.
<br /> City of Arden Hills
<br /> General Fund
<br /> Actual Actual Budget Amended Year To Date Proposed %Change
<br /> FY 2010 FY 2011 FY 2012 FY2012 10/31/2012 FY 2013 12 vs 13
<br /> Revenues
<br /> Taxes
<br /> Taxes 2,867,028 2,913,248 3,126,555 3,126,555 1,569,184 3,220,791 3.0%
<br /> Licenses and Permits 255,265 429,279 256,850 256,850 367,412 260,525 1.4%
<br /> Other Intergovernmental 118,981 126,691 115,582 115,582 78,955 115,867 0.2%
<br /> Charges for Services 388,687 491,548 425,546 425,546 286,644 417,482 -1.9%
<br /> Fines&Forfeits 27,013 29,151 45,462 45,462 11,881 40,301 -11.4%
<br /> Special Assessments - 442 210 210 1,030 2,769 1218.6%
<br /> Miscellaneous 52,879 216,803 73,922 73,922 89,704 72,673 -1.7%
<br /> Transfers - 0.0%
<br /> Total Revenues $ 3,709,854 $ 4,207,161 $ 4,044,127 $ 4,044,127 $ 2,404,810 $ 4,130,408 2.1%
<br /> Expenditures by Category
<br /> Personal Services $ 1,358,507 $ 1,326,431 $ 1,336,195 $ 1,336,195 $ 1,055,068 $ 1,381,493 3.4%
<br /> Materials and Supplies 226,136 206,303 125,850 125,850 172,469 140,150 11.4%
<br /> Other Services and Charges 1,931,963 2,033,269 2,342,081 2,342,081 1,771,705 2,384,864 1.8%
<br /> Capital Outlay - - - - - - 0.0%
<br /> Transfers 252,600 252,600 240,000 364,955 364,955 240,000 -34.2%
<br /> Contingency/Reserves - - - - - 4,354 0.0%
<br /> Total Expenditures $ 3,769,207 $ 3,818,602 $ 4,044,126 $ 4,169 081 $ 3,364 197 $ 4,150,861 -0.4%
<br /> Fund Balance-January 1 1,822,260 1,762,907 2,151,335 2,151,335 ` 2,151,335 2,026,381
<br /> Excess Revenue Over Expenditure (59,353) 388,558 1 (124,954) (959,387) (20,453)
<br /> Fund Balance-December 31 $ 1,762,907 $ 2,151,335 $ 2,151,336 $ 2,026,381 $ 1,191,948 $ 2,005,928
<br /> Revenues
<br /> All revenue items were evaluated based on current economic conditions and past trends, the
<br /> changes to the fee schedule have also been incorporated into the budget. The most notable item
<br /> is the Council directed a levy increase of 3.0% which equates to $94,236 in revenue. One item
<br /> to note is that while the tax levy is increased General Fund Revenues
<br /> and the department budgets are decreased, the property Tax Levy $ 94,236
<br /> internal overhead charges to the other funds are Admin Charges From Other Funds (18,269)
<br /> also decreased and show a revenue loss to the Adult Programs 8,000
<br /> General Fund as they are based on the budgeted Highway Patrol Fines (2,000)
<br /> costs for those departments. Adult Program Forfeits (3,462)
<br /> revenues have been increased as a result of past Other Misc Adjustments 7,776
<br /> historical trends amounting to a 34.8% $ 86,281
<br /> increase. Highway Patrol Fines have been
<br /> decreased 50%, and Forfeits have been
<br /> decreased by 63.4%. One item to note is that we received conduit debt fees from the
<br /> Presbyterian Homes project in 2011 and transferred them to the EDA in 2012, however, there is
<br /> no funding source identified for the EDA or for funding reserves in the capital funds at this time.
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