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05-28-24-R
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05-28-24-R
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7/9/2024 10:02:52 AM
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CITY OF ARDEN HILLS <br />Nonmajor Special Revenue Funds <br />Combining Statement of Revenues, Expenditures, <br />and Changes in Fund Balances <br />Year Ended December 31, 2023 <br />EDA EDA EDA <br />EDA TIF District TIF District TIF District <br />Cable Operating No.3 No.4 No.5 <br />Revenues <br />Property taxes <br />General property taxes <br />$ — $ <br />100,000 <br />$ — <br />$ — $ <br />— <br />Tax increments <br />— <br />— <br />— <br />36,365 <br />— <br />Earnings on investments <br />585 <br />33,945 <br />39,693 <br />31,282 <br />Franchise taxes <br />92,096 <br />— <br />— <br />— <br />— <br />Other <br />— <br />323 <br />— <br />— <br />— <br />Total revenues <br />92,681 <br />134,268 <br />39,693 <br />67,647 <br />— <br />Expenditures <br />Current <br />General government <br />148,475 <br />— <br />— <br />— <br />— <br />Economic development <br />— <br />78,537 <br />1,084 <br />1,083 <br />1,084 <br />Total expenditures <br />148,475 <br />78,537 <br />1,084 <br />1,083 <br />1,084 <br />Net changes in fund balances <br />(55,794) <br />55,731 <br />38,609 <br />66,564 <br />(1,084) <br />Fund balances (deficits) — beginning <br />56,635 <br />662,514 <br />782,541 <br />583,991 <br />(23,617) <br />Fund balances (deficits) — ending <br />$ 841 $ <br />718,245 <br />$ 821,150 <br />$ 650,555 $ <br />(24,701) <br />-58- <br />
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