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CITY OF ARDEN HILLS, MINNESOTA <br />Function: Unallocated 101 <br />Activity: Transfers 49300 <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 - - - - <br />Contractual Services - - - - <br />Other Charges 400,000 360,000 - - <br />Total 400,000$ 360,000$ -$ -$ <br />Percent Change (-10.0%) (-100.0%) 0.0% <br />Expenditures by Classification <br />This budget is used to account for transfers out of the General Fund to other funds of the City. $400,000 was <br />transferred to the Equipment and Building Replacement Fund in 2018 and $360,000 was transferred to the PIR <br />Fund in 2019. <br />2021 BUDGET <br /> Fund # : <br />Activity # : <br />The transfers to other funds budget is utilized to account for the transfer of general fund revenues to other funds <br />within the City financial structure. <br />1. To build reserves for capital equipment replacement. <br />2. To subsidize infrastructure improvements. <br />Budget constraints. <br />0% <br />Personnel Services <br />Commodities <br />Contractual Services <br />Other Charges <br />25