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-ARPEN Ca pital and Enterp City of Arden
<br /> Capital /
<br /> Award for Pavement Management Plan „ :' .
<br /> Outstanding The City has a successful program for
<br /> main--AR,
<br /> Achievement in EN�iILLS
<br /> taming the life of Arden Hills' streets. The x,
<br /> Popular Annual Pavement Management Program (PMP) iden-
<br /> Financial Reporting rifles,inventories, and tracks street conditions August
<br /> PRESENTED TO to ensure that the proper maintenance is done
<br /> at the appropriate time. The results are pro-
<br /> City of Arden Hills longed pavement life and reduced overall Popular Annual Financial Report
<br /> Minnesota costs to property owners. The PMP was initi-
<br /> ated to insure a good maintenance program To The Community
<br /> for the Fiscal Year Ended for Arden Hills'aging streets.
<br /> For the fiscal year ended December 31, 2010
<br /> December 31,2009 Revenues—$539,386
<br /> Expenses—$771,156 Inside this issue:
<br /> Public Safety Projects Making Cents
<br /> This fund accounts for the City's share of capital equipments costs for police and fire. Area Tax Rates 1 The City of Arden Hills presents its Popular Annual Financial Report [PAFR]. The purpose of
<br /> Revenues—$11,536 Expenses—$18,927 this report is to inform the community of the City's financial activity in a simple, easy-to-read for-
<br /> Equipment and Building Maintenance and Repair Dividing up your mat for the fiscal year ending December 31, 2010. These highlights are based upon the City's
<br /> City equipment and buildings are monitored continually and replace/repaired when needed. Transfers Tax Dollar I Comprehensive Annual Financial Report [CAFR]which is a more inclusive,audited document.
<br /> are made from various funds to fund these expenditures.
<br /> Transfer in from General&Enterprise Funds—$183,000 Expenses—$200,003 Arden Hills Ranked IY�ell Against Surrounding Areas
<br /> The General Fund 2
<br /> Tax Rate Comparison White Bear take
<br /> Enterpise Funds In a 2010 comparison of Shoreview
<br /> Special Revenue 2 St.Paul
<br /> These funds consist of utility ser- $z,000,000 Funds 2010 Enterprise Funds 3 nine communities in and Roseville
<br /> vices provided to the community $1,800,000 around Ramsey County, the ew Brighton
<br /> , '
<br /> p $1,600,000
<br /> by the City such as water,sewer, $1,400,000 average cost of services on a Mounds view
<br /> $1,200,000 Long
<br /> Lon -Term Debt 3 Maplewood
<br /> surface water and recycling. A $1,000,000 n $278,800 homestead in Blaine
<br /> $800,000
<br /> About this Report comprehensive rate study was $600,000 terms of property taxes and AH
<br /> $400,00o
<br /> $200,00o property tax aids showed $0.00 $20.00
<br /> The City of Arden Hills reports completed in 2008. As a result of $0 , � _ � Capital Funds 4 P P ty $40.00 $60.00 $80.00 $100.00
<br /> financial ear-end results in the that stud the City changed to a Water Fund Sewer Fund Surface Water Recycling Fund Arden Hills ranking as one City property taxes per household per month
<br /> Y Y� tY g Mgmt Fund of the lowest. A $278,800 [ (adjusted for aids)
<br /> Comprehensive Annual Finan- tiered rate system effective 2009. 7Revenues $i,as4,14a $1sa3,7ss $s32,s31 $1a2,zsa -_-. _ -_ -- - --
<br /> _-____
<br /> vial Report (CAFR). The Popu- ■Expenses $1,678,954 $1,367,429 $321,693 $129,139 homestead in Arden Hills
<br /> lar Annual Financial Report , Dollars Enterprise Funds 4 paid $50.55 per month in Arden Hills' Five Basic Funds i
<br /> (PAFR) is an unaudited reportCiq property taxes to the City.
<br /> that summarizes the most sig- Residents receive a variety of City services at an affordable price.The cost of City services in 2010 Monthly Bill 4 In order for Arden Hills to • Debt Service Funds track
<br /> nificant data from the 2010 for the owner of a single-family home in Arden Hills with an assessor's market value of$278,800 manage the community finances revenues and expenses related
<br /> CAFR, and is consistent with -- smoothly, it divides various to repayment of long term debt.
<br /> was$50.55 per month. Utilities remain competitively priced in 2010.The value received from City
<br /> Generally Accepted Accounting [!�ividin U Your 20 0 Pro er Tax Dollar activities into several different
<br /> Generally
<br /> The report reflects AeckReglster services compared favorably to charges of g • The Capital Fund collects
<br /> Principles. P Description of Transaction Balance - __- funds. Here is a brief descrip-
<br /> the net tax cost b service ex- other monthly bills. Your tax dol- — ---11 - revenues from special assess-
<br /> Y R�safety $zo.�9 ���j tion of each:
<br /> penditure, developed by credit- coin nu+uty ser cep $14.15 Property Tax-Supported Services lar is divided m ments, state, and county aids
<br /> —.-- �. B 3 40302 Y
<br /> ing related revenues against P -4� &RU� $s.s7 up into sev- u„"a xoa • The General Fund accounts and allots them toward con-
<br /> P"buowor-ks, $7.04 — The checkbook shows how the monthly =•2 - 1 2
<br /> appropriate expenditures and _ _ __ _ eral govern- D for revenues and expenses struction or major capital expenses.
<br /> allocating local taxes against the c�x�a $0.00 cost of property tax-supported services was
<br /> Re&ervea $0.0o mental end- B 05040302 Y ' s that provide for basic operations • Enterprise Funds account
<br /> remainingbalance. divided among City departments. 2 V. rcL. 2 tP
<br /> ties. Arden of the City, i.e., police and fire
<br /> for activities that operate as public
<br /> For a complete review of the Monthly Cost of Utilities Hills collects - i -- — protection and street mainte- enterprises which are then paid
<br /> City's financial position for "° ` " January 1,zolo 101 nance.
<br /> CiV.M Hdls,MN DATE Based on an average usage of 4,800 gallons 21 cents of as¢Ramsey County
<br /> 2010, consult the 2010 CAFR g g g for by user fees, i.e., water,
<br /> OURDER aty of Ardzfti}fLU.a� 5 50.55 per month, monthly cost of utilities fora every tax dollar for City 21¢City of Arden Hills • Special Revenue Funds recycling, sewer & surface
<br /> available on the City's website Forty sc an&nof10o l,O„•s5 services. The remainin ortions 230 School District
<br /> home in Arden Hills was $46.32 in 2010 g p account for activities re- water management.
<br /> at www.ci.arden-hills.mn.us, MONTHLY police,fire,street 8¢Other agencies
<br /> Arden Hills bills on a quarterly basis are divided among Ramsey County,the stricted to ecz c u oses like
<br /> or from the Finance Depart- inaintenance,parks, ( q Y ) school district and other agencies. fi p
<br /> ment at 651.792.7816. FORO" Oj""�t These services include water, sewer, storm g TCAAP.
<br /> r:3340104W: 7269914625"' 01010
<br /> water,and recycling.
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