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Your tax dollar is divided up into several governmental <br />entities. <br />Arden <br />Hills <br />collects <br />22 <br />cents of <br />every tax <br />dollar for <br />City services. <br />The remaining portions <br />are divided among Ramsey County, <br />the school district and other agencies. <br />Tax Comparison 1 <br />Dividing Up Your <br />Tax Dollar 1 <br />General Fund 2 <br />Special Revenue <br />Funds 3 <br />Internal Service <br />Funds 3 <br />Long-Term Debt 3 <br />Capital Funds 4 <br />Enterprise Funds 4 <br />Monthly Bill 4 <br />Inside this issue: <br />In a 2018 comparison of nine communities in Ramsey County, the average cost of services on a <br />$333,800 homestead in terms of property taxes showed Arden Hills ranking as one of the lowest. <br />City of Arden Hills, Minnesota <br />Popular Annual Financial Report <br />To The Community <br />For the year ended December 31, 2018 <br />7¢ Other agencies <br />46¢ Ramsey County <br />22¢ City of Arden Hills <br />25¢ School District <br />The City of Arden Hills presents its Popular Annual Financial Report [PAFR]. The purpose of <br />this report is to inform the community of the City’s financial activity in a simple, easy-to-read for- <br />mat for the fiscal year ending December 31, 2018. These highlights are based upon the City’s <br />Comprehensive Annual Financial Report [CAFR] which is a more inclusive, audited document. <br />In order for Arden Hills to manage the community finances smoothly, it divides various activities <br />into several different funds. <br />• The General Fund accounts for revenues <br />and expenditures that provide for basic opera- <br />tions of the City, i.e., police and fire protection <br />and street maintenance. <br />• Special Revenue Funds account for activi- <br />ties restricted to specific purposes like economic <br />development. <br />• Debt Service Funds track revenues and ex- <br />penses related to repayment of long term debt. <br />• The Capital Fund collects revenues from <br />special assessments, state, and county aids and <br />allots them toward construction or major capital <br />expenses. <br />• Enterprise Funds account for activities that <br />operate as public enterprises which are paid for by <br />user fees, i.e., water, recycling, sewer and sur- <br />face water management. <br />• Internal Service Funds account for the ac- <br />quisition, operation, and maintenance of gov- <br />ernmental facilities and services, which are <br />entirely or predominately self-supporting by <br />user charges. <br />Monthly City Property Tax Comparison <br />Dividing Up Your Property Tax <br />A $333,800 homestead in Arden Hills paid $69.49 per month in <br />property taxes to the City.