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05-26-2020-R
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05-26-2020-R
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<br />-9- <br />GOVERNMENTAL FUND EXPENDITURES <br /> <br />The expenditures of governmental funds will also vary from state -wide averages and from year-to-year, <br />based on the City’s circumstances. Expenditures are classified into three types as follows: <br /> <br />• Current – These are typically the general operating type expenditures occurring on an annual <br />basis, and are primarily funded by general sources, such as taxes and intergovernmental revenues. <br /> <br />• Capital Outlay and Construction – These expenditures do not occur on a consistent basis, more <br />typically fluctuating significantly from year-to-year. Many of these expenditures are <br />project-oriented, and are often funded by specific sources that have benefited from the <br />expenditure, such as special assessment improvement projects. <br /> <br />• Debt Service – Although the expenditures for debt service may be relatively consistent over the <br />term of the respective debt, the funding source is the important factor. Some debt may be repaid <br />through specific sources, such as special assessments or redevelopment funding, while other debt <br />may be repaid with general property taxes. <br /> <br />The City’s expenditures per capita of its governmental funds for the past three years, together with <br />state-wide averages, are presented in the following table: <br /> <br />Year 2017 2018 2019 <br />Population 2,500–10,000 10,000–20,000 20,000–100,000 9,969 9,889 9,988 <br />Current <br />150$ 121$ 104$ 119$ 118$ 120$ <br />286 272 294 206 211 240 <br />135 125 106 45 59 63 <br />96 115 104 62 66 68 <br />75 74 78 27 33 30 <br />742 707 686 459 487 521 <br />Capital outlay <br /> and construction 417 351 307 118 601 145 <br />Debt service <br />178 153 109 – – – <br />41 39 29 – – – <br />219 192 138 – – – <br />Total expenditures 1,378$ 1,250$ 1,131$ 577$ 1,088$ 666$ <br />Governmental Funds Expenditures per Capita <br />With State-Wide Averages by Population Class <br />City of Arden HillsState-Wide <br />All other <br />Principal <br />December 31, 2018 <br />Interest and fiscal <br />General government <br />Public safety <br />Public works <br />Parks and recreation <br /> <br />Total expenditures in the City’s governmental funds for 2019 were $6,658,661, a decrease of $4,099,314 <br />(38.1 percent). The City’s per capita governmental funds current expenditures for 2019 were $521, an <br />increase from the per capita expenditures of $487 in the prior year. <br /> <br />Capital outlay and construction decreased by $456 per capita, with decreased activity in the City’s <br />Permanent Improvement Revolving Fund, due to significant street and trail projects ongoing in the prior <br />year.
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