Total
<br />EDA EDA Nonmajor
<br />TIF TIF Special
<br />EDA District District Revenue
<br />Cable Revolving No. 3 No. 4 Funds
<br />Revenues
<br />Taxes
<br />Tax increments –$ –$ 95,215$ 253,903$ 349,118$
<br />Earnings on investments 4,361 547 11,389 2,147 18,444
<br />Franchise taxes 101,237 – – – 101,237
<br />Total revenues 105,598 547 106,604 256,050 468,799
<br />Expenditures
<br />Current
<br />General government 124,885 – – – 124,885
<br />Economic development – 34,208 1,501 230,084 265,793
<br />Total expenditures 124,885 34,208 1,501 230,084 390,678
<br />Revenues over (under) expenditures (19,287) (33,661) 105,103 25,966 78,121
<br />Other financing sources (uses)
<br />Transfers out – (135,727) – – (135,727)
<br />Net changes in fund balances (19,287) (169,388) 105,103 25,966 (57,606)
<br />Fund balances – beginning 282,124 169,388 564,412 52,417 1,068,341
<br />Fund balances – ending 262,837$ –$ 669,515$ 78,383$ 1,010,735$
<br />CITY OF ARDEN HILLS
<br />Nonmajor Special Revenue Funds
<br />Combining Statement of Revenues, Expenditures,
<br />Year Ended December 31, 2018
<br />and Changes in Fund Balances
<br />-59-
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