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CITY OF ARDEN HILLS, MINNESOTA 2023 BUDGET <br />Function: Public Works Fund # 411 <br />Activity: Capital Improvement (PIR) Activity # 48500 <br />Activity Scope <br />This fund was originally established to temporarily finance pavement management projects being partially <br />financed by special assessments or for high cost improvements for which bonds have not been issued. In 2006, <br />the Municipal Land and Buildings Fund, Non -Assessable Road Improvement Fund, and Capital Improvements <br />Fund were consolidated into the PIR Fund. <br />Obiectives <br />1. To maintain the City's streets and roadways. <br />2. To maintain City infrastructure. <br />Issues <br />Finding adequate funding resources for the various projects. <br />Budget Commentary <br />The 2023 projects are listed in the proposed five-year capital improvement plan. <br />2020 2021 <br />Budaet Summary ACTUAL ACTUAL <br />Personnel Services <br />Commodities <br />Contractual Services <br />Capital Outlay <br />Other Charges <br />Total <br />Percent Change <br />Expenditures by Classification <br />n0/ <br />100% <br />2022 2023 <br />116,742 340,471 50,000 - <br />18,509 1,487,806 2,918,110 2,195,700 <br />1251.8% 62.3% (-26.0%) <br />oPersonnel Services <br />oCommodities <br />oContractual Services <br />oCapital Outlay <br />â– Other Charges <br />