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Attachment C
<br />CITY OF ARDEN HILLS
<br />OTHER GOVERNMENTAL FUNDS BUDGET SUMMARY
<br />FOR THE SIX MONTHS ENDED JUNE 30
<br />2023
<br />% of
<br />Budget YTD Budget
<br />2022
<br />% of
<br />Budget YTD Budget
<br />CABLE TV
<br />56,635
<br />56,635
<br />Beg Fund Balance
<br />90,743
<br />90,743
<br />94,500
<br />23,965 25.4%
<br />Revenues
<br />98,840
<br />23,842 24.1%
<br />142,760
<br />56,164 39.3%
<br />Expenditures
<br />129,810
<br />56,762 43.7%
<br />8,375
<br />24,436
<br />End Fund Balance
<br />59,773
<br />57,822
<br />Cable TV franchise revenues are receipted quarterly in the month following the end of the quarter,
<br />EDA GENERAL
<br />662,514
<br />662,514
<br />Beg Fund Balance
<br />100,000
<br />21,315 21.3%
<br />Revenues
<br />87,550
<br />40,976 46.8%
<br />Expenditures
<br />674,964
<br />642,853
<br />End Fund Balance
<br />EDA tax revenues are collected twice a year
<br />TIF FUNDS
<br />1,342,914 1,342,914 Beg Fund Balance
<br />- 11,632 N/A Revenues
<br />5,700 - 0.0% Expenditures
<br />1,337,214 1,354,547 End Fund Balance
<br />The TIF note for TIF #4 Presbyterian Homes has been paid in full.
<br />245,914 245,914
<br />390,000 13,682
<br />441,520 57,509
<br />EQUIP & BUILDING CAPITAL
<br />Beg Fund Balance
<br />3.5% Revenues
<br />13.0% Expenditures
<br />657,906 657,906
<br />102,850 5,562 5.4%
<br />87,270 36,379 41.7%
<br />673,486 627,089
<br />1,107, 510 1,107, 510
<br />382,280 3,531 0.9%
<br />288,580 - 0.0%
<br />1,201,210 1,111,041
<br />261,892 261,892
<br />379,000 26,174 6.9%
<br />433,860 53,764 12.4%
<br />194,394 202,087 End Fund Balance 207,032 234,302
<br />Transfers in to the Equipment & Building fund are normally completed during the 4th quarter.
<br />PARK DEVELOPMENT
<br />218,039
<br />218,039
<br />Beg Fund Balance
<br />565,168
<br />565,168
<br />-
<br />6,991
<br />N/A
<br />Revenues
<br />12,460
<br />13,282 106.6%
<br />-
<br />-
<br />N/A
<br />Expenditures
<br />399,377
<br />2,122 0.5%
<br />218,039
<br />225,030
<br />End Fund Balance
<br />178,251
<br />576,328
<br />PIR FUND
<br />4,702,027
<br />4,702,027
<br />Beg Fund Balance
<br />4,990,123
<br />4,990,123
<br />1,872,210
<br />373,767
<br />20.0%
<br />Revenues
<br />1,594,710
<br />273,458 17.1%
<br />2,195,700
<br />264,889
<br />12.1%
<br />Expenditures
<br />2,495,510
<br />564,394 22.6%
<br />4,378,537
<br />4,810,906
<br />End Fund Balance
<br />4,089,323
<br />4,699,187
<br />Revenue includes final Bethel trail contribution ($150,000) and CDBG funds for Arden Manor Park ($177,378)
<br />FIRE EQUIP CAPITAL
<br />264,303 264,303 Beg Fund Balance 173,067 173,067
<br />245,000 11,445 4.7% Revenues 200,550 14,381 7.2%
<br />178,200 4,262 2.4% Expenditures 91,700 (429) -0.5%
<br />331,103 271,486 End Fund Balance 281,917 187,877
<br />50.0% Percentage of Year Complete
<br />50.0%
<br />50.0% Percentage of Year Complete
<br />50.0%
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