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CITY OF ARDEN HILLS, MINNESOTA 2023 BUDGET Function: Public Safety Fund # 412 Activity: Public Safety Capital Equipment Activity # 48120 Activity Scope This Capital Fund was created in 1995 with the intent of building a reserve to fund General Fund public safety capital equipment requirements. This use of the fund would level future levy spikes caused by acquisition of costly specialized police and fire capital requirements. Arden Hills pays for a portion (24.9%) of Lake Johanna Fire Department equipment according to a formula which has been updated for 2023, with the balance funded by the other member cities of Shoreview and North Oaks. Objectives Provide adequate equipment to insure public safety for the residents of Arden Hills. Issues 1. Budget constraints. 2. Arden Hills is only one member on each of the joint powers boards. Decisions are not always made on what Arden Hills sees as important, but rather the group as a whole. 3. Due to the current economy, revenues may be impacted. Budget Commentary Expenditures have decreased 82.7% based on the numbers provided by LJFD. A property tax levy has been implemented as the main revenue source for this fund. 2020 2021 2022 2023 Budget Summary ACTUAL ACTUAL BUDGET BUDGET Personnel Services $ - $ - $ - $ - Commodities - - - - Contractual Services - - - - Depreciation 299,106 111,064 230,130 39,770 Other Charges - - - - Total $ 299,106 $ 111,064 $ 230,130 $ 39,770 Percent Change (-62.9%) 107.2% (-82.7%) Expenditures by Classification oPersonnel Services OCommodities OContractual Services O Depreciation ■Other Charges 100%