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Attachment B
<br />CITY OF ARDEN HILLS
<br />STATEMENT OF REVENUES AND EXPENDITURES
<br />GENERALFUND
<br />FOR THE THREE MONTHS ENDED MARCH 31, 2025
<br />YTD
<br />YTD
<br />YTD
<br />Annual
<br />Through
<br />% of
<br />Annual
<br />Through
<br />% of
<br />Budget
<br />03/31/25
<br />Budget
<br />Budget
<br />03/31/24
<br />Budget
<br />REVENUES
<br />$ 5,359,798 $
<br />-
<br />0.0%
<br />Taxes
<br />$ 4,638,460 $
<br />-
<br />0.0%
<br />550,540
<br />240,338
<br />43.7%
<br />Licenses and permits
<br />552,020
<br />122,486
<br />22.2%
<br />176,296
<br />61,930
<br />35.1%
<br />Intergovernmental
<br />175,970
<br />56,825
<br />32.3%
<br />471,994
<br />152,214
<br />32.2%
<br />Charges for services
<br />489,490
<br />158,187
<br />32.3%
<br />17,360
<br />4,236
<br />24.4%
<br />Fines and forfeits
<br />19,250
<br />5,460
<br />28.4%
<br />-
<br />-
<br />N/A
<br />Special assessments
<br />3,090
<br />-
<br />0.0%
<br />50,000
<br />8,364
<br />16.7%
<br />Investment earnings
<br />50,000
<br />11,875
<br />23.7%
<br />13,282
<br />3,795
<br />28.6%
<br />Miscellaneous
<br />10,920
<br />15,849
<br />145.1%
<br />6,639,270
<br />470,877
<br />7.1%
<br />TOTAL REVENUES
<br />5,939,200
<br />370,681
<br />6.2%
<br />EXPENDITURES
<br />93,819
<br />37,478
<br />39.9%
<br />Mayor & Council
<br />88,370
<br />34,708
<br />39.3%
<br />506,835
<br />80,548
<br />15.9%
<br />Administration
<br />499,730
<br />93,537
<br />18.7%
<br />61,750
<br />7,531
<br />12.2%
<br />Elections
<br />40,300
<br />-
<br />0.0%
<br />220,756
<br />53,763
<br />24.4%
<br />Finance
<br />191,810
<br />53,343
<br />27.8%
<br />121,920
<br />10,295
<br />8.4%
<br />TCAAP
<br />114,900
<br />21,472
<br />18.7%
<br />352,790
<br />59,135
<br />16.8%
<br />Planning & Zoning
<br />324,940
<br />60,183
<br />18.5%
<br />240,932
<br />47,827
<br />19.9%
<br />Government Buildings
<br />232,900
<br />57,491
<br />24.7%
<br />1,761,288
<br />293,048
<br />16.6%
<br />Public Safety
<br />1,585,240
<br />395,559
<br />25.0%
<br />73,570
<br />12,261
<br />16.7%
<br />Dispatch
<br />70,390
<br />11,732
<br />16.7%
<br />906,321
<br />446,087
<br />49.2%
<br />Fire Protection
<br />833,930
<br />416,966
<br />50.0%
<br />9,780
<br />1,153
<br />11.8%
<br />Emergency Management
<br />9,260
<br />1,265
<br />13.7%
<br />373,160
<br />66,208
<br />17.7%
<br />Protective Inspections
<br />396,120
<br />82,977
<br />20.9%
<br />960,790
<br />92,267
<br />9.6%
<br />Street Maintenance
<br />853,380
<br />98,653
<br />11.6%
<br />337,508
<br />31,582
<br />9.4%
<br />Recreation
<br />241,970
<br />35,287
<br />14.6%
<br />690,060
<br />124,138
<br />18.0%
<br />Park Maintenance
<br />588,030
<br />116,912
<br />19.9%
<br />50,000
<br />-
<br />0.0%
<br />Transfers Out
<br />50,000
<br />-
<br />0.0%
<br />6,761,279
<br />1,363,320
<br />20.2%
<br />TOTAL EXPENDITURES
<br />6,121,270
<br />1,480,086
<br />24.2%
<br />$ (122,009) $
<br />(892,444)
<br />731.5%
<br />NET CHANGE IN FUND BALANCE
<br />$ (182,070) $
<br />(1,109,405)
<br />609.3%
<br />25.0%
<br />Percentage of Year Complete
<br />25.0%
<br />Q1-25 Year To Date Financial Performance
<br />Revenues
<br />Expenditures
<br />Tax revenues are collected twice a year.
<br />Licenses & Permits. Permit Revenues are up due to increase in development projects over 2024.
<br />Intergovernmental. In line with prior year.
<br />Charges for Services. Recreational program fees down due to lower enrollment in youth sports.
<br />Salaries & Benefits. Increases across departments due to Comp & Class reclassifications, COLA, and insurance increases.
<br />Mayor & Council. Q1 spend in line with prior year. Northeast Youth & Family Services contract paid in full in Q1 ($24K).
<br />Administration. Vacancy savings over 2024 (Permit Tech and Communications Coordinator).
<br />Finance. In line with prior year.
<br />TCAAP. Q1 spend lower than prior year as 2024 expenditures included Kimley-Horn AUAR and Traffic Updates, & Financial Consulting FeE
<br />Planning & Zoning. In line with prior year.
<br />Public Safety/Fire Protection. Contract increase in line with budget expectations. March 2025 Police contract paid in April.
<br />Protective Inspections. Personnel Savings (Permit Tech).
<br />Street Maintenance. In line with prior year.
<br />Recreation. Slight savings over prior year due to timing of Summer/Spring Recreation Guide printing fees.
<br />Park Maintenance. Overtime salaries higher than prior year.
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