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CITY OF ARDEN HILLS, MINNESOTA <br />Function: Economic Development 250 <br />Activity: EDA General 47300 <br /> <br />Activity Scope <br />Objectives <br />Issues <br />Budget Commentary <br />2018 2019 2020 2021 <br />Budget Summary ACTUAL ACTUAL BUDGET BUDGET <br />Personnel Services 25,691$ 31,126$ 52,160$ 49,760$ <br />Commodities 632 - 400 400 <br />Contractual Services 32,432 34,581 77,290 98,570 <br />Capital Outlay - - - - <br />Other Charges - - - - <br />Total 58,755$ 65,706$ 129,850$ 148,730$ <br />Percent Change 11.8% 97.6% 14.5% <br />Full-Time Equivalent positions 0.21 0.33 0.43 0.38 <br />Expenditures by Classification <br />The primary revenue source for this fund is property taxes. The biggest contributors to Contractual Services are <br />an administrative charge for overhead costs associated with Administration, Finance and Government Building <br />departments in the General Fund and a tax abatement payment to Land O Lakes. <br />2021 BUDGET <br /> Fund # : <br />Activity # : <br />This Special Revenue Fund accounts for general administration activities that are not specific to any individual <br />Tax Increment Financing (TIF) District, as well as activities associated with the Economic Development <br />Commission and Economic Development Authority. <br />1. Consider placement and construction of Gateway Signs. <br />2. Consider the use of TIF District 3 funds for low to moderate housing needs. <br />3. Review the operating budget and identify a sustainable funding source. <br />4. Continue to grow and evolve the business retention program. <br />1. Consistent administration of the City's polices, plan, ordinances, guidelines, statutes, etc. <br />2. Promotion of available industrial property. <br />34% <br />66% <br />Personnel Services <br />Commodities <br />Contractual Services <br />Capital Outlay <br />Other Charges <br />29