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% of % of
<br />Budget YTD Budget Budget YTD Budget
<br />CABLE TV
<br />56,635 56,635 Beg Fund Balance 90,743 90,743
<br />94,500 23,965 25.4% Revenues 98,840 23,842 24.1%
<br />142,760 56,164 39.3% Expenditures 129,810 56,762 43.7%
<br />8,375 24,436 End Fund Balance 59,773 57,822
<br />Cable TV franchise revenues are receipted quarterly in the month following the end of the quarter.
<br />EDA GENERAL
<br />662,514 662,514 Beg Fund Balance 657,906 657,906
<br />100,000 21,315 21.3% Revenues 102,850 5,562 5.4%
<br />87,550 40,976 46.8% Expenditures 87,270 36,379 41.7%
<br />674,964 642,853 End Fund Balance 673,486 627,089
<br />EDA tax revenues are collected twice a year.
<br />TIF FUNDS
<br />1,342,914 1,342,914 Beg Fund Balance 1,107,510 1,107,510
<br />‐ 11,632 N/A Revenues 382,280 3,531 0.9%
<br />5,700 ‐ 0.0% Expenditures 288,580 ‐ 0.0%
<br />1,337,214 1,354,547 End Fund Balance 1,201,210 1,111,041
<br />The TIF note for TIF #4 Presbyterian Homes has been paid in full.
<br />EQUIP & BUILDING CAPITAL
<br />245,914 245,914 Beg Fund Balance 261,892 261,892
<br />390,000 13,682 3.5% Revenues 379,000 26,174 6.9%
<br />441,520 57,509 13.0% Expenditures 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 />218,039 218,039 Beg Fund Balance 565,168 565,168
<br />‐ 6,991 N/A Revenues 12,460 13,282 106.6%
<br />‐ ‐ N/A Expenditures 399,377 2,122 0.5%
<br />218,039 225,030 End Fund Balance 178,251 576,328
<br />PIR FUND
<br />4,702,027 4,702,027 Beg Fund Balance 4,990,123 4,990,123
<br />1,872,210 373,767 20.0% Revenues 1,594,710 273,458 17.1%
<br />2,195,700 264,889 12.1% Expenditures 2,495,510 564,394 22.6%
<br />4,378,537 4,810,906 End Fund Balance 4,089,323 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 50.0%
<br />CITY OF ARDEN HILLS
<br />OTHER GOVERNMENTAL FUNDS BUDGET SUMMARY
<br />FOR THE SIX MONTHS ENDED JUNE 30
<br />2023 2022
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