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-7- GOVERNMENTAL FUND REVENUES The following table presents the per capita revenue of the City’s governmental funds for the past three years, along with state-wide averages. We have included the most recent comparative state-wide averages available from the Office of the State Auditor to provide a benchmark for interpreting the City’s data. The amounts received from the typical major sources of governmental fund revenue will naturally vary between cities based on factors such as a city’s stage of development, location, size and density of its population, property values, services it provides, and other attributes. It will also differ from year-to-year, due to the effect of inflation and changes in its operation. Also, certain data in these tables may be classified differently than how they appear in the City’s financial statements in order to be more comparable to the state-wide information, particularly in separating capital expenditures from current expenditures. We have designed this section of our management report using per capita data in order to better identify unique or unusual trends and activities of the City. We intend for this type of comparative and trend information to complement, rather than duplicate, information in the MD&A. An inherent difficulty in presenting per capita information is the accuracy of the population count, which for most years is based on estimates. Year 2016 2017 2018 Population 2,500–10,000 10,000–20,000 20,000–100,000 9,966 9,969 10,069 Property taxes 474$ 451$ 475$ 327$ 355$ 355$ Tax increments 26 27 38 24 30 35 Franchise and other taxes 38 43 48 13 11 10 Special assessments 57 48 59 37 31 73 Licenses and permits 39 34 49 60 73 52 Intergovernmental revenues 322 276 147 40 213 100 Charges for services 108 103 103 58 59 42 Other 68 53 48 40 46 49 Total revenue 1,132$ 1,035$ 967$ 599$ 818$ 716$ City of Arden Hills Governmental Funds Revenue per Capita With State-Wide Averages by Population Class State-Wide December 31, 2017 The City’s governmental funds have generated significantly less revenue per capita in total than other Minnesota cities in its population class. A city’s stage of development, along with the way a city finances various capital projects, will impact the mix of revenue sources it receives. The City generated $7,222,675 of total revenue in its governmental funds in 2018, a decrease of $932,871 (11.4 percent) from the prior year. The City’s per capita governmental fund revenues for 2018 were $716, a decrease of $102 (12.5 percent) per capita from the prior year. Intergovernmental revenues decreased $113 per capita, due to a one-time reimbursement from the county for its share of a joint street project in the prior year.