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CITY OF ARDEN HILLS, MINNESOTA <br />Function: Economic Development 250 <br />Activity: EDA General 47300 <br /> <br />Activity Scope <br />Objectives <br />Issues <br />Budget Commentary <br />2019 2020 2021 2022 <br />Budget Summary ACTUAL ACTUAL BUDGET BUDGET <br />Personnel Services 31,126$ 51,301$ 49,760$ 53,780$ <br />Commodities - - 400 400 <br />Contractual Services 34,581 24,218 98,570 32,990 <br />Capital Outlay - - - - <br />Other Charges - - - - <br />Total 65,706$ 75,519$ 148,730$ 87,170$ <br />Percent Change 14.9% 96.9% (-41.4%) <br />Full-Time Equivalent positions 0.24 0.42 0.38 0.38 <br />Expenditures by Classification <br />The primary revenue source for this fund is property taxes. The biggest contributor to Contractual Services is an <br />administrative charge for overhead costs associated with Administration, Finance and Government Building <br />departments in the General Fund. <br />2022 BUDGET <br /> Fund # : <br />Activity # : <br />This Special Revenue Fund accounts for general administration activities that are not specific to any individual <br />Tax Increment Financing (TIF) District, as well as activities associated with the Economic Development <br />Commission and Economic Development Authority. <br />1. Consider placement and construction of Gateway Signs. <br />2. Consider the use of TIF District 3 funds for low to moderate housing needs. <br />3. Review the operating budget and identify a sustainable funding source. <br />4. Continue to grow and evolve the business retention program. <br />1. Consistent administration of the City's polices, plan, ordinances, guidelines, statutes, etc. <br />2. Promotion of available industrial property. <br />62% <br />0% <br />38% <br />Personnel Services <br />Commodities <br />Contractual Services <br />Capital Outlay <br />Other Charges <br />29