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<br /> <br /> <br />Inside this issue: <br />Dividing Up Your Tax Dollar <br />Organizational Chart <br />General Fund <br />Special Revenue Funds <br />Long-Term Debt <br />Internal Service Funds <br />Capital Funds <br />Enterprise Funds <br />Cost of City Services <br />Property Taxes & Homes Values <br /> Demographics <br /> <br /> For the year ended December 31, 2023 <br />1245 W Hwy 96 <br />Arden Hills, MN 55112 <br />651-792-7800 <br /> <br />cityofardenhills.org <br />The City of Arden Hills is proud to present its Popular Annual Financial Report [PAFR]. The <br />purpose of this report is to inform the community of the City’s financial activity in a sim- <br />ple, easy-to-read format for the fiscal year ending December 31, 2023. These highlights <br />are based upon the City’s Annual Comprehensive Financial Report (Annual Report) which <br />is a more inclusive, audited document. <br />In order for Arden Hills to manage the community finances smoothly, it divides various <br />activities into several different funds. <br />• The General Fund accounts for revenues <br />and expenditures that provide for basic <br />operations of the City, i.e., administration, <br />police & fire, street & park maintenance, <br />recreation, community development and <br />planning. <br />• Special Revenue Funds account for ac- <br />tivities restricted to specific purposes like <br />economic development. <br />• Debt Service Funds track revenues and <br />expenses related to repayment of long <br />term debt. <br />• The Capital Funds collect revenues from <br />special assessments, state and county aids <br />and allots them toward construction or <br />major capital expenses. <br />• Enterprise Funds account for activities <br />that operate as public enterprises which <br />are paid for by user fees, i.e., water, recy- <br />cling, sewer and surface water manage- <br />ment. <br />• Internal Service Funds account for the <br />acquisition, operation, and maintenance of <br />governmental facilities and services, which <br />are entirely or predominately self- <br />supported by user charges to other gov- <br />ernmental funds. <br />Ramsey County <br />47¢ <br />City of <br />Arden Hills <br />25¢ <br />School District <br />19¢ Other Agencies <br />9¢ <br />Dividing Up Your Property Tax Dollar <br />Your tax dollar is divided up be- <br />tween several governmental enti- <br />ties. Arden Hills collects 25 cents <br />of every tax dollar for City ser- <br />vices. The remaining portions are <br />divided among Ramsey County, <br />the school district and other agen- <br />cies. <br />Department Organizational Chart <br />City of Arden Hills, Minnesota <br />Popular Annual Financial Report <br />To The Community <br />6 <br />6 <br />7 <br />8 <br />8 <br />8 <br />9 <br />9 <br />9 <br />10 <br />11 <br />6 • Arden Hills Notes • July 2024