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05-24-21-R
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05-24-21-R
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EDA EDA EDA <br />EDA TIF District TIF District TIF District <br />Cable Operating No. 3 No. 4 No. 5 <br />Revenues <br />Taxes <br />General property taxes –$ 100,000$ –$ –$ –$ <br />Tax increments (abatements)– – (29,193) 302,236 – <br />Intergovernmental – – – – – <br />Earnings on investments 4,007 17,969 25,197 5,416 – <br />Franchise taxes 101,057 – – – – <br />Total revenues 105,064 117,969 (3,996) 307,652 – <br />Expenditures <br />Current <br />General government 137,358 – – – – <br />Economic development – 75,519 1,850 228,470 – <br />Capital outlay <br />General government – – – – – <br />Public works – – – – – <br />Total expenditures 137,358 75,519 1,850 228,470 – <br />Revenues over (under) <br /> expenditures (32,294) 42,450 (5,846) 79,182 – <br />Fund balances (deficits) – beginning 148,664 580,243 797,238 150,796 (22,000) <br />Fund balances (deficits) – ending 116,370$ 622,693$ 791,392$ 229,978$ (22,000)$ <br />CITY OF ARDEN HILLS <br />Nonmajor Special Revenue Funds <br />Combining Statement of Revenues, Expenditures, <br />and Changes in Fund Balances <br />Year Ended December 31, 2020 <br />-57-
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