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CITY OF ARDEN HILLS
<br />Changes in Fund Balances of Governmental Funds
<br />Last Ten Fiscal Years
<br />(Modified Accrual Basis of Accounting)
<br />Fiscal Year
<br />2014
<br />2015
<br />2016
<br />2017
<br />Revenues
<br />Property taxes
<br />General property taxes
<br />$ 3,210,025
<br />$ 3,203,004
<br />$ 3,260,537
<br />$ 3,541,705
<br />Tax increments
<br />565,422
<br />697,898
<br />242,544
<br />295,788
<br />Special assessments
<br />304,315
<br />908,964
<br />373,415
<br />308,990
<br />Licenses and permits
<br />327,727
<br />518,846
<br />598,686
<br />729,197
<br />Intergovernmental
<br />1,408,240
<br />1,396,269
<br />396,275
<br />2,124,414
<br />Charges for services
<br />400,224
<br />496,908
<br />577,041
<br />590,141
<br />Fines and forfeits
<br />29,569
<br />32,792
<br />31,868
<br />29,989
<br />Earnings on investments (charges)
<br />433,402
<br />236,947
<br />148,679
<br />133,231
<br />Franchise taxes
<br />103,711
<br />72,837
<br />132,548
<br />109,070
<br />Antenna lease rental fees
<br />110,144
<br />189,534
<br />123,815
<br />128,765
<br />Miscellaneous/other
<br />89,482
<br />241,463
<br />94,442
<br />164,256
<br />Total revenues
<br />6,982,261
<br />7,995,462
<br />5,979,850
<br />8,155,546
<br />Expenditures
<br />Current
<br />General government
<br />1,155,120
<br />1,143,037
<br />1,194,579
<br />1,189,500
<br />Public safety
<br />1,826,098
<br />1,920,280
<br />1,981,506
<br />2,058,037
<br />Public works
<br />580,872
<br />336,398
<br />479,814
<br />443,633
<br />Parks and recreation
<br />648,214
<br />573,587
<br />621,832
<br />618,614
<br />Economic development
<br />286,991
<br />249,484
<br />229,688
<br />264,905
<br />Capital outlay
<br />General government
<br />5,559
<br />-
<br />-
<br />-
<br />Public safety
<br />66,079
<br />52,936
<br />47,880
<br />100,215
<br />Public works
<br />1,833,535
<br />6,198,264
<br />786,873
<br />734,411
<br />Parks and recreation
<br />18,883
<br />337,808
<br />Economic development
<br />231,025
<br />502,842
<br />151,306
<br />7,520
<br />Debt service
<br />Principal
<br />270,000
<br />280,000
<br />Interest and paying agent fees
<br />14,773
<br />4,900
<br />Total expenditures
<br />6,937,149
<br />11,261,728
<br />5,493,478
<br />5,754,643
<br />Revenues over (under) expenditures
<br />45,112
<br />(3,266,266)
<br />486,372
<br />2,400,903
<br />Other financing sources (uses)
<br />Sale of capital assets
<br />-
<br />-
<br />-
<br />-
<br />Transfers in
<br />230,765
<br />230,765
<br />230,765
<br />471,590
<br />Total other financing sources (uses)
<br />230,765
<br />230,765
<br />230,765
<br />471,590
<br />Net change in fund balances
<br />$ 275,877
<br />$ (3,035,501)
<br />$ 717,137
<br />$ 2,872,493
<br />Debt service as a percentage of
<br />noncapital expenditures
<br />5.73%
<br />6.20%
<br />- %
<br />- %
<br />ME
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