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Permanent Other Total
<br />Improvement Governmental Intra-Activity Governmental
<br />General Revolving Funds Eliminations Funds
<br />Revenues
<br />Taxes
<br />General property taxes 3,629,819$ 250,000$ 220,000$ –$ 4,099,819$
<br />Tax increments – – 273,043 – 273,043
<br />Special assessments 4,758 325,023 – – 329,781
<br />Licenses and permits 431,628 – – – 431,628
<br />Intergovernmental 629,432 316,394 285,426 – 1,231,252
<br />Charges for services 215,918 – – – 215,918
<br />Fines and forfeits 13,581 – – – 13,581
<br />Earnings on investments 101,743 172,701 64,000 – 338,444
<br />Franchise taxes – – 101,057 – 101,057
<br />Antenna rental fees 140,707 – – – 140,707
<br />Miscellaneous reimbursements 57,630 – – – 57,630
<br />Other 4,325 100,000 270,163 – 374,488
<br />Total revenues 5,229,541 1,164,118 1,213,689 – 7,607,348
<br />Expenditures
<br />Current
<br />General government 927,319 – 273,824 – 1,201,143
<br />Public safety 2,435,773 – – – 2,435,773
<br />Public works 675,739 – – – 675,739
<br />Parks and recreation 547,787 – – – 547,787
<br />Economic development – – 415,839 – 415,839
<br />Capital outlay
<br />General government – – 107,865 – 107,865
<br />Public safety – – 299,107 – 299,107
<br />Public works – 112,575 91,594 – 204,169
<br />Parks and recreation – 22,675 – – 22,675
<br />Total expenditures 4,586,618 135,250 1,188,229 – 5,910,097
<br />Revenues over (under) expenditures 642,923 1,028,868 25,460 – 1,697,251
<br />Other financing sources (uses)
<br />Sale of capital assets – – 17,500 – 17,500
<br />Transfers in – 137,000 578,000 (478,000) 237,000
<br />Transfers out (478,000) – – 478,000 –
<br />Total other financing sources (uses)(478,000) 137,000 595,500 – 254,500
<br />Net changes in fund balances 164,923 1,165,868 620,960 – 1,951,751
<br />Fund balances – beginning 3,215,583 3,762,602 1,743,494 – 8,721,679
<br />Fund balances – ending 3,380,506$ 4,928,470$ 2,364,454$ –$ 10,673,430$
<br />CITY OF ARDEN HILLS
<br />Statement of Revenues, Expenditures, and Changes in Fund Balances
<br />Governmental Funds
<br />Year Ended December 31, 2020
<br />See notes to basic financial statements -17-
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