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6 • Arden Hills notes • July 2022 <br /> <br /> <br />3,145 Households <br />City of Arden Hills Popular Annual Finance Report <br />10,038 Population <br />BUILDING <br />PERMITS <br />1,408 <br /> Permits Issued <br />$10.3M <br /> Residential Valuations <br />$102.1M <br /> Commercial Valuations <br />Median Home Value—$387,500 <br />$1,536—median gross rent <br />Median Age—36.2 <br />Persons per Household—2.64 <br />Arden Hills <br /> <br /> <br /> <br /> <br />Inside this issue: <br />Dividing Up Your Tax Dollar 1 <br />Organization Chart 1 <br />General Fund 2 <br />Special Revenue Funds 3 <br />Long-Term Debt 3 <br />Internal Service Funds 3 <br />Capital Funds 4 <br />Enterprise Funds 4 <br />Cost of City Services 4 <br />Property Taxes & Homes Values 5 <br />Demographics 6 <br /> For the year ended December 31, 2021 <br />1245 W Hwy 96 <br />Arden Hills, MN 55112 <br />651-792-7800 <br /> <br />cityofardenhills.org <br />The City of Arden Hills is proud to present its Popular Annual Financial Report [PAFR]. The <br />purpose of this report is to inform the community of the City’s financial activity in a sim- <br />ple, easy-to-read format for the fiscal year ending December 31, 2021. These highlights <br />are based upon the City’s Annual Comprehensive Financial Report (Annual Report) which <br />is a more inclusive, audited document. <br />In order for Arden Hills to manage the community finances smoothly, it divides various <br />activities into several different funds. <br /> The General Fund accounts for revenues <br />and expenditures that provide for basic <br />operations of the City, i.e., administration, <br />police & fire, street & park maintenance, <br />recreation, community development and <br />planning. <br /> Special Revenue Funds account for <br />activities restricted to specific purposes <br />like economic development. <br /> Debt Service Funds track revenues <br />and expenses related to repayment of long <br />term debt. <br /> The Capital Fund collects revenues from <br />special assessments, state and county aids <br />and allots them toward construction or <br />major capital expenses. <br /> Enterprise Funds account for activities <br />that operate as public enterprises which <br />are paid for by user fees, i.e., water, recy- <br />cling, sewer and surface water manage- <br />ment. <br /> Internal Service Funds account for the <br />acquisition, operation, and maintenance <br />of governmental facilities and services, <br />which are entirely or predominately self- <br />supported by user charges to other gov- <br />ernmental funds. <br />Ramsey County <br />46¢ <br />City of <br />Arden Hills <br />24¢ <br />School District <br />23¢ Other Agencies <br />7¢ <br />Dividing Up Your Property Tax Dollar <br />Your tax dollar is divided up be- <br />tween several governmental enti- <br />ties. Arden Hills collects 24 cents <br />of every tax dollar for City ser- <br />vices. The remaining portions are <br />divided among Ramsey County, <br />the school district and other agen- <br />cies. <br />Department Organizational Chart <br />City of Arden Hills, Minnesota <br />Popular Annual Financial Report <br />To The Community