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City Departments
<br />Administration: This department provides the overall direction for the City as determined by the City Council. It is responsible for
<br />maintaining City records, issuing licenses, administering Council policies, and election procedures.
<br />Finance: This department conducts the financial affairs of the City of Arden Hills in accordance with the Government Accounting Stan-
<br />dards Board (GASB) and Generally Accepted Accounting Principals (GAAP).
<br />Community Development: This department is responsible for ensuring that laws, ordinances, and zoning codes are enforced. It is also
<br />responsible for economic development within the City.
<br />Public Works: This department manages the City’s infrastructure as it relates to roadways, water, sewer, and surface water management.
<br />Parks & Recreation: This department is responsible for providing recreation activities in the City and maintaining the City’s parks and
<br />trails.
<br />The City’s General Fund is the largest fund and is also one of the
<br />most vital to the City’s operation. The General Fund is the pri-
<br />mary fund that accounts for everyday general expenditures like
<br />street and park maintenance, public safety, and administrative
<br />services; while at the same time, supplementing portions of the
<br />other funds. Like most funds, the General Fund relies on the in-
<br />flow of cash, shown as revenues and subsequently the outflow
<br />listed as expenditures. The primary revenue for the General Fund
<br />is prop-
<br />e r t y
<br />t a x e s .
<br />Intergovernmental revenues are items like state/county aids and grants.
<br />For year end 2016, the City’s revenue total was $4,802,989 which was a
<br />$140,121 (3.0%) increase from the previous year. This is mainly due to
<br />license and permit fees generating more revenue than expected.
<br />Arden Hills Popular Annual Financial Report 2016 Page 2
<br />General Fund Revenue
<br />The City’s total General Fund expenditures for 2016 were $4,165,465
<br />which was $295,152 (7%) under the final budget. Overall, General Fund
<br />expenditures in-
<br />c r ea s ed b y
<br />$319,365 (8%)
<br />from 2015. Pub-
<br />lic Safety costs
<br />increased $61,226
<br />(3%) increase
<br />from 2015) and
<br />Public Works
<br />costs increased by
<br />$143,416 (43%
<br />increase from 2015); the chart above highlights the amount funded to each
<br />of the City’s functions.
<br /> 2015 2016
<br />General Government $1,015,835 $1,082,313
<br />Public Safety $1,920,280 $1,981,506
<br />Public Works $336,398 $478,814
<br />Parks and Recreation $573,587 $621,832
<br />Other $0 $0
<br />Total General Fund
<br />Expenditures
<br />$3,846,100 $4,165,465
<br />General Fund Expenditure
<br />
<br /> 2015 2016
<br />Property Taxes $3,203,004 $3,260,537
<br />Special Assessments $1,316 $1,331
<br />Licenses/Permit $518,846 $598,686
<br />Intergovernmental $130,023 $131,914
<br />Charges for Services $496,908 $577,041
<br />Other $312,471 $233,480
<br />Total General Fund Revenue $4,662,568 $4,802,989
<br />$0
<br />$10,000,000
<br />2000 2002 2004 2006 2008 2010 2013 2015
<br />City of Arden Hills Outstanding Debt
<br />G.O. Tax Increment Bonds
<br />Arden Hills maintains an “AA+” rating from Standard & Poor’s.
<br />This bond rating benefits the City by allowing the City to bor-
<br />row at lower interest rates. The City issued General Obligation
<br />Tax Increment bonds in 1998, these bonds were fully repaid in
<br />2015. These Tax Increment Financing (TIF) districts are an im-
<br />portant economic development tool. Arden Hills’ TIF districts
<br />are located along Round Lake Road, Cottage Villas and Presby-
<br />terian Homes.
<br />In 2004, the City of Arden Hills refinanced its debt because of
<br />lower interest rates. To do this the City had to pay the previous
<br />bond in full, causing the spike in the chart below. As of 2016,
<br />the City does not hold any outstanding debt, the below table
<br />represents a timeline of the City’s historical debt holdings.
<br />Arden Hills Popular Annual Financial Report 2016 Page 3
<br />Long Term Debt
<br />The City of Arden Hills prides itself on controlling spending
<br />while providing the best services possible. In 2016, the City’s
<br />expenditures (for all funds except Enterprise and Internal Ser-
<br />vice Funds) totaled $5,493,478; a decrease of 50% from 2015.
<br />The decrease was due to fewer capital projects being com-
<br />pleted in 2016 versus 2015. The chart highlights the City’s
<br />ability to control its expenditures and demonstrates the City's
<br />priorities across departments on an annual basis.
<br />The City’s revenues for 2016 (for all funds except Enterprise and
<br />Internal Service Funds) totaled $5,979,850; a decrease of 25%
<br />from 2015. This decrease is due to a drop in State funding for
<br />capital projects.
<br />Special Revenue Funds
<br />Governmental Revenue & Expenditure
<br />The City of Arden Hills has five special revenue funds. Special
<br />revenue funds are used to account for revenues derived from
<br />specific taxes or other earmarked revenue sources. They are
<br />required by statute to finance particular functions, activities, or
<br />governments. See the 2016 CAFR for more information.
<br />EDA=Economic Development Authority
<br />Internal Service Funds
<br />Internal service funds are an accounting device used to accumu-
<br />late and allocate costs internally among the City’s various func-
<br />tions. The City maintains internal service funds for risk manage-
<br />ment, engineering, central garage and technology. The totals for
<br />these funds combined are:
<br />Total Revenue — $727,725
<br />Total Expenses — $779,568
<br /> Revenue Expenditures
<br />Cable $136,879 $112,266
<br />EDA Operating $9,684 $72,646
<br />EDA Revolving $2,652 $0
<br />EDA TIF District No. 2 $0 $0
<br />EDA TIF District No. 3 $74,064 $1,894
<br />EDA TIF District No. 4 $170,205 $155,148
<br />Total $393,484 $341,954
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