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CITY OF ARDEN HILLS
<br />OTHER GOVERNMENTAL FUNDS BUDGET SUMMARY
<br />FOR THE THREE MONTHS ENDED JUNE 30
<br />2024
<br />% of
<br />Budget YTD Budget
<br />2023
<br />% of
<br />Budget YTD Budget
<br />CABLE TV
<br />806
<br />806
<br />Beg Fund Balance
<br />56,635
<br />56,635
<br />94,500
<br />22,432 23.7%
<br />Revenues
<br />94,500
<br />23,965 25.4%
<br />142,010
<br />68,671 48.4%
<br />Expenditures
<br />142,760
<br />56,164 39.3%
<br />(46,704)
<br />(45,433)
<br />End Fund Balance
<br />8,375
<br />24,436
<br />Cable TV. Franchise revenues are receipted quarterly, in the month following the end of the quarter (Apr, Jul, Oct, Jan)
<br />EDA GENERAL
<br />713,987
<br />713,987
<br />Beg Fund Balance
<br />662,514
<br />662,514
<br />100,000
<br />26,040 26.0%
<br />Revenues
<br />100,000
<br />21,315 21.3%
<br />88,340
<br />39,717 45.0%
<br />Expenditures
<br />87,550
<br />40,976 46.8%
<br />725,647
<br />700,311
<br />End Fund Balance
<br />674,964
<br />642,853
<br />EDA. Tax revenues are collected twice a year (Jun, Nov)
<br />TIF FUNDS
<br />1,471,705 1,471,705
<br />Beg Fund Balance 1,342,914 1,342,914
<br />- 16,128 N/A
<br />Revenues - 11,632 N/A
<br />5,700 78 1.4%
<br />Expenditures 5,700 - 0.0%
<br />1,466,005 1,487,755
<br />End Fund Balance 1,337,214 1,354,547
<br />TIF. TIF note for TIF #4 Presbyterian Homes has been paid in full.
<br />EQUIP & BUILDING CAPITAL
<br />383,682
<br />383,682
<br />Beg Fund Balance
<br />245,914
<br />245,914
<br />609,000
<br />35,036
<br />5.8%
<br />Revenues
<br />390,000
<br />13,682
<br />3.5%
<br />510,150
<br />53,813
<br />10.5%
<br />Expenditures
<br />441,520
<br />57,509
<br />13.0%
<br />482,532
<br />364,905
<br />End Fund Balance
<br />194,394
<br />202,087
<br />Equipment & Building. Transfers are normally
<br />completed during the 4th quarter.
<br />PARK DEVELOPMENT
<br />197,649
<br />197,649
<br />Beg Fund Balance
<br />218,039
<br />218,039
<br />-
<br />13,687
<br />N/A
<br />Revenues
<br />-
<br />6,991
<br />N/A
<br />32,000
<br />750
<br />2.3%
<br />Expenditures
<br />-
<br />-
<br />N/A
<br />165,649
<br />210,586
<br />End Fund Balance
<br />218,039
<br />225,030
<br />PIR FUND
<br />5,605,204
<br />5,605,204
<br />Beg Fund Balance
<br />4,702,027
<br />4,702,027
<br />1,436,190
<br />335,585
<br />23.4%
<br />Revenues
<br />2,043,350
<br />373,767
<br />18.3%
<br />1,956,200
<br />1,497,354
<br />76.5%
<br />Expenditures
<br />2,195,700
<br />264,889
<br />12.1%
<br />5,085,194
<br />4,443,434
<br />End Fund Balance
<br />4,549,677
<br />4,810,906
<br />PIR. Bethel final reimbursement
<br />for pedestrian trail was received in 2023.
<br />Timing of expenditures for construction
<br />projects - Arden Manor, Floral Park, Perry
<br />Park.
<br />FIRE EQUIP CAPITAL
<br />367,950
<br />367,950
<br />Beg Fund Balance
<br />264,303
<br />264,303
<br />60,000
<br />17,941
<br />29.9%
<br />Revenues
<br />245,000
<br />11,445
<br />4.7%
<br />522,850
<br />264,593
<br />50.6%
<br />Expenditures
<br />178,200
<br />4,262
<br />2.4%
<br />(94,900)
<br />121,299
<br />End Fund Balance
<br />331,103
<br />271,486
<br />50.0%
<br />Percentage of Year Complete
<br />50.0%
<br />
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