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Permanent Other Total
<br />Improvement Governmental Intra-Activity Governmental
<br />General Revolving Funds Eliminations Funds
<br />Revenues
<br />Property taxes
<br />General property taxes 3,763,384$ 250,000$ 276,610$ –$ 4,289,994$
<br />Tax increments – – 396,891 – 396,891
<br />Special assessments 4,514 655,897 – – 660,411
<br />Licenses and permits 752,532 – – – 752,532
<br />Intergovernmental 160,279 345,306 – – 505,585
<br />Charges for services 459,638 – – – 459,638
<br />Fines and forfeits 21,500 – – – 21,500
<br />Earnings on investments (charges)(13,315) (9,275) (6,794) – (29,384)
<br />Franchise taxes – – 97,549 – 97,549
<br />Antenna rental fees 146,101 – – – 146,101
<br />Miscellaneous reimbursements 7,513 – – – 7,513
<br />Other 2,444 100,000 364,932 – 467,376
<br />Total revenues 5,304,590 1,341,928 1,129,188 – 7,775,706
<br />Expenditures
<br />Current
<br />General government 1,014,282 – 122,906 – 1,137,188
<br />Public safety 2,708,137 – – – 2,708,137
<br />Public works 618,236 – – – 618,236
<br />Parks and recreation 626,629 – – – 626,629
<br />Economic development – – 349,341 – 349,341
<br />Capital outlay
<br />General government – – 290,193 – 290,193
<br />Public safety – – 111,065 – 111,065
<br />Public works – 1,714,366 279,173 – 1,993,539
<br />Parks and recreation – 113,912 19,238 – 133,150
<br />Total expenditures 4,967,284 1,828,278 1,171,916 – 7,967,478
<br />Revenues over (under) expenditures 337,306 (486,350) (42,728) – (191,772)
<br />Other financing sources (uses)
<br />Sale of capital assets – – 33,070 – 33,070
<br />Transfers in – 548,000 300,000 (548,000) 300,000
<br />Transfers out (548,000) – – 548,000 –
<br />Total other financing sources (uses)(548,000) 548,000 333,070 – 333,070
<br />Net changes in fund balances (210,694) 61,650 290,342 – 141,298
<br />Fund balances – beginning 3,380,506 4,928,470 2,364,454 – 10,673,430
<br />Fund balances – ending 3,169,812$ 4,990,120$ 2,654,796$ –$ 10,814,728$
<br />CITY OF ARDEN HILLS
<br />Statement of Revenues, Expenditures, and Changes in Fund Balances
<br />Governmental Funds
<br />Year Ended December 31, 2021
<br />See notes to basic financial statements -17-
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