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05-24-21-R
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05-24-21-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 />comparative state-wide averages, are presented in the following table: <br /> <br />Year 2018 2019 2020 <br />Population 2,500–10,000 10,000–20,000 20,000–100,000 9,889 10,008 10,108 <br />Current <br />152$ 128$ 107$ 118$ 119$ 119$ <br />300 282 306 211 240 241 <br />146 149 119 59 63 67 <br />103 124 106 66 68 54 <br />74 75 97 33 30 41 <br />775 758 735 487 520 522 <br />Capital outlay <br /> and construction 438 376 355 601 145 63 <br />Debt service <br />168 182 88 – – – <br />43 41 28 – – – <br />211 223 116 – – – <br />Total expenditures 1,424$ 1,357$ 1,206$ 1,088$ 665$ 585$ <br />Principal <br />December 31, 2019 <br />Interest and fiscal <br />General government <br />Public safety <br />Public works <br />Parks and recreation <br />Governmental Funds Expenditures per Capita <br />With State-Wide Averages by Population Class <br />City of Arden HillsState-Wide <br />All other <br /> <br />Total expenditures in the City’s governmental funds for 2020 were $5,910,097, a decrease of $748,564 <br />(11.2 percent). The City’s per capita governmental funds current expenditures for 2020 were $522, a <br />slight increase from the per capita expenditures of $520 in the prior year. <br /> <br />Capital outlay and construction decreased by $82 per capita, with reduced activity in the City’s Permanent <br />Improvement Revolving Fund, due to significant street and trail projects nearing completion in the prior <br />year.
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