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11-16-2020-WS
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11-16-2020-WS
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11/13/2020 3:21:28 PM
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CITY OF ARDEN HILLS, MINNESOTA <br />Function: General Government 408 <br />Activity: Equipment & Building Replacement 48100 <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 -$ -$ -$ -$ <br />Commodities 6,833 - - - <br />Contractual Services - - - - <br />Capital Outlay 336,153 299,847 659,000 503,960 <br />Other Charges - - - - <br />Total 342,986$ 299,847$ 659,000$ 503,960$ <br />Percent Change (-12.6%) 119.8% (-23.5%) <br />Expenditures by Classification <br />Anticipated 2021 expenses include the replacement of two pickup trucks, a plow truck and 3 mowers. Also <br />included is a portable message board, portable light tower and City Hall maintenance (see CIP). <br />2021 BUDGET <br /> Fund # : <br />Activity # : <br />This Capital Fund was created in 2008 with the intent of building a reserve to fund equipment replacement, <br />building improvements, office equipment, and technology improvements. This use of the fund would level future <br />levy spikes caused by acquisition of costly capital expenditures. A one-time transfer of $500,000 was completed <br />in 2008 from the General Fund to establish the reserve. Annual transfers from the Enterprise Funds and property <br />taxes provide on-going revenues in addition to interest income. <br />Provide adequate equipment to ensure operations and services for the residents of Arden Hills. <br />Budget constraints. <br />100% <br />Personnel Services <br />Commodities <br />Contractual Services <br />Capital Outlay <br />Other Charges <br />36
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