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<br />
<br /> City of Arden Hills
<br /> 2015 Budget
<br />Function: Economic Development Department: EDA TIF District #3 Cottage Villas
<br />Appropriation Detail
<br />Actual Actual Budget Amended Year To Date Proposed % Change
<br />Activity FY 2012 FY 2013 FY 2014 FY2014 09/04/2014 FY 2015 14 vs 15
<br />Revenues
<br />Taxes 42,970 47,656 43,000 43,000 32,448 45,000 4.65%
<br />Intergovernmental - - - - - - 0.00%
<br />Miscellaneous 1,633 (2,511) 1,600 1,600 3,409 4,000 150.00%
<br />Total Revenues 44,603$ 45,144$ 44,600$ 44,600$ 35,857$ 49,000$ 9.87%
<br />Expenditures
<br />Other Services and Charges 1,484 1,059 4,700 4,700 700 4,700 0.00%
<br />Total Expenditures 1,484$ 1,059$ 4,700$ 4,700$ 700$ 4,700$ 0.00%
<br />Fund Balance - January 1 169,235 212,354 256,440 256,440 256,440 296,340
<br />Excess Revenue Over Expenditure 43,119 44,086 39,900 39,900 35,157 44,300
<br />Fund Balance - December 31 212,354$ 256,440$ 296,340$ 296,340$ 291,597$ 340,640$
<br /> City of Arden Hills
<br /> 2015 Budget
<br />Function: Economic Development Department: EDA TIF District #4 Pres Homes
<br />Appropriation Detail
<br />Actual Actual Budget Amended Year To Date Proposed % Change
<br />Activity FY 2012 FY 2013 FY 2014 FY2014 09/04/2014 FY 2015 14 vs 15
<br />Revenues
<br />Taxes - - 95,200 95,200 49,264 95,200 0.00%
<br />Intergovernmental - - - - - - 0.00%
<br />Miscellaneous - - - - - - 0.00%
<br />Total Revenues -$ -$ 95,200$ 95,200$ 49,264$ 95,200$ 0.00%
<br />Expenditures
<br />Total Materials and Supplies - - - - - - 0.00%
<br />Other Services and Charges 973 1,997 7,500 7,500 704 88,180 0.00%
<br />Capital Outlay - - - - - - 0.00%
<br />Total Operating Expenses 973 1,997 7,500 7,500 704 88,180 0.00%
<br />Total Expenditures 973$ 1,997$ 7,500$ 7,500$ 704$ 88,180$
<br />Fund Balance - January 1 - (973) (2,970) (2,970) (2,970) 84,730
<br />Excess Revenue Over Expenditure (973) (1,997) 87,700 87,700 48,560 7,020
<br />Fund Balance - December 31 (973)$ (2,970)$ 84,730$ 84,730$ 45,591$ 91,750$
<br />
<br />Requested Action
<br />
<br />Motion to approve the EDA 2015 budgets as presented and recommend approval to the City
<br />Council.
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