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CITY OF ARDEN HILLS
<br />STATEMENT OF REVENUES AND EXPENDITURES
<br />GENERAL FUND
<br />FOR THE THREE MONTHS ENDED JUNE 30
<br />2024
<br />2023
<br />% of
<br />% of
<br />Budget
<br />YTD
<br />Budget
<br />Budget
<br />YTD
<br />Budget
<br />REVENUES
<br />$ 4,638,460
<br />$ 1,883,744
<br />40.6%
<br />Taxes $
<br />4,078,390
<br />$ 1,693,756
<br />41.5%
<br />552,020
<br />$ 214,172
<br />38.8%
<br />Licenses and permits
<br />511,730
<br />$ 259,388
<br />50.7%
<br />175,970
<br />$ 56,825
<br />32.3%
<br />Intergovernmental
<br />171,370
<br />$ 53,178
<br />31.0%
<br />489,490
<br />$ 219,042
<br />44.7%
<br />Charges for services
<br />525,550
<br />$ 215,392
<br />41.0%
<br />19,250
<br />$ 12,135
<br />63.0%
<br />Fines and forfeits
<br />23,190
<br />$ 11,154
<br />48.1%
<br />3,090
<br />$ -
<br />0.0%
<br />Special assessments
<br />3,350
<br />$ -
<br />0.0%
<br />50,000
<br />$ 27,718
<br />55.4%
<br />Investment earnings
<br />42,500
<br />$ 35,193
<br />82.8%
<br />10,920
<br />$ 31,005
<br />283.9%
<br />Miscellaneous
<br />13,340
<br />$ 3,317
<br />24.9%
<br />5,939,200
<br />2,444,640
<br />41.2%
<br />TOTAL REVENUES
<br />5,369,420
<br />2,271,378
<br />42.3%
<br />EXPENDITURES
<br />88,370
<br />49,452
<br />56.0%
<br />Mayor & Council
<br />73,510
<br />44,443
<br />60.5%
<br />499,730
<br />260,843
<br />52.2%
<br />Administration
<br />434,230
<br />219,216
<br />50.5%
<br />40,300
<br />18,440
<br />45.8%
<br />Elections
<br />33,200
<br />24,197
<br />72.9%
<br />191,810
<br />116,042
<br />60.5%
<br />Finance
<br />191,550
<br />120,707
<br />63.0%
<br />114,900
<br />65,066
<br />56.6%
<br />TCAAP
<br />90,450
<br />29,787
<br />32.9%
<br />324,940
<br />119,555
<br />36.8%
<br />Planning & Zoning
<br />281,080
<br />96,949
<br />34.5%
<br />232,900
<br />106,940
<br />45.9%
<br />Government Buildings
<br />223,910
<br />105,430
<br />47.1%
<br />1,585,240
<br />791,344
<br />49.9%
<br />Public Safety
<br />1,453,280
<br />725,980
<br />50.0%
<br />70,390
<br />29,331
<br />41.7%
<br />Dispatch
<br />68,740
<br />22,912
<br />33.3%
<br />833,930
<br />833,933
<br />100.0%
<br />Fire Protection
<br />751,180
<br />375,589
<br />50.0%
<br />9,260
<br />2,707
<br />29.2%
<br />Emergency Management
<br />6,830
<br />3,004
<br />44.0%
<br />396,120
<br />162,258
<br />41.0%
<br />Protective Inspections
<br />375,770
<br />180,998
<br />48.2%
<br />853,380
<br />256,966
<br />30.1%
<br />Street Maintenance
<br />824,080
<br />291,171
<br />35.3%
<br />241,970
<br />77,341
<br />32.0%
<br />Recreation
<br />237,770
<br />73,218
<br />30.8%
<br />588,030
<br />277,310
<br />47.2%
<br />Park Maintenance
<br />545,590
<br />246,564
<br />45.2%
<br />50,000
<br />-
<br />0.0%
<br />Transfers Out
<br />171,140
<br />-
<br />0.0%
<br />6,121,270
<br />3,167,526
<br />51.7%
<br />TOTAL EXPENDITURES
<br />5,762,310
<br />2,560,165
<br />44.4%
<br />$ (182,070) $
<br />(722,886)
<br />397.0%
<br />NET CHANGE IN FUND BALANCE $
<br />(392,890)
<br />$ (288,787)
<br />73.5%
<br />50.0%
<br />Percentage of Year Complete
<br />50.0%
<br />Financial Performance Com
<br />Revenues
<br />Expenditures
<br />Tax revenues are collected twice a year
<br />Licenses & Permits. Liquor Sales and Permit Revenues are slightly lower from 2023
<br />Miscellaneous. Fire Hydrant Reimbursement.
<br />Salaries & Benefits. Increases across departments due to COLA and insurance increases.
<br />Mayor & Council. Full Year cost in 2024 for Northeast Youth & Family Services contract, 2023 billed at 75%
<br />TCAAP. Kimley-Horn AUAR and Traffic Updates.
<br />Planning & Zoning. Planner position part-time in March 2023, transitioned to full-time in June 2023
<br />Public Safety/Fire Protection. Contract increase in line with budget expectations. Full Year Fire contract paid in 1st Half of 2024
<br />Protective Inspections. Electrical inspections down from 2023,
<br />Street Maintenance. Overtime and Salt/Sand savings due to mild winter,
<br />Park Maintenance. Timing of expenditures.
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