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Attachment B
<br />CITY OF ARDEN HILLS
<br />STATEMENT OF REVENUES AND EXPENDITURE
<br />GENERALFUND
<br />FOR THE SIX MONTHS ENDED JUNE 30, 2025
<br />YTD YTD YTD YTD
<br />Annual Through % of Annual Through % of
<br />Budget 06/30/25 Budget Budget 06/30/24 Budget
<br />REVENUES
<br />$ 5,359,798 $ 2,221,899 41.5% Taxes $ 4,638,460 $ 1,883,744 40.6%
<br />550,540 510,535 92.7% Licenses and permits 552,020 $ 214,172 38.8%
<br />176,296 61,930 35.1% Intergovernmental 175,970 $ 56,825 32.3%
<br />471,994 303,209 64.2% Charges for services 489,490 $ 219,042 44.7%
<br />17,360 11,060 63.7% Fines and forfeits 19,250 $ 12,135 63.0%
<br />- - N/A Special assessments 3,090 $ - 0.0%
<br />50,000 29,972 59.9% Investment earnings 50,000 $ 27,718 55.4%
<br />13,282 40,026 301.4% Miscellaneous 10,920 $ 31,005 283.9%
<br />6,639,270 3,178,632 47.9% TOTAL REVENUES 5,939,200 2,444,640 41.2%
<br />EXPENDITURES
<br />93,819 52,353 55.8% Mayor & Council 88,370 49,452 56.0%
<br />506,835 230,486 45.5% Administration 499,730 260,843 52.2%
<br />61,750 19,219 31.1% Elections 40,300 18,440 45.8%
<br />220,756 123,115 55.8% Finance 191,810 116,042 60.5%
<br />121,920 25,155 20.6% TCAAP 114,900 65,066 56.6%
<br />352,790 107,892 30.6% Planning & Zoning 324,940 119,555 36.8%
<br />240,932 124,948 51.9% Government Buildings 232,900 106,940 45.9%
<br />1,761,288 879,144 49.9% Public Safety 1,585,240 791,344 49.9%
<br />73,570 30,653 41.7% Dispatch 70,390 29,331 41.7%
<br />906,321 892,173 98.4% Fire Protection 833,930 833,933 100.0%
<br />9,780 3,076 31.4% Emergency Management 9,260 2,707 29.2%
<br />373,160 135,440 36.3% Protective Inspections 396,120 162,258 41.0%
<br />960,790 237,628 24.7% Street Maintenance 853,380 256,966 30.1%
<br />337,508 97,264 28.8% Recreation 241,970 77,341 32.0%
<br />690,060 318,384 46.1% Park Maintenance 588,030 277,310 47.2%
<br />50,000 - 0.0% Transfers Out 50,000 - 0.0%
<br />6,761,279 3,276,931 48.5% TOTAL EXPENDITURES 6,121,270 3,167,526 51.7%
<br />$ (122,009) $ (98,299) 80.6% NET CHANGE IN FUND BALANCE $ (182,070) $ (722,886) 397.0%
<br />50.0% Percentage of Year Complete 50.0%
<br />Q2-25 Year To Date (YTD) Financial Performance Commentary
<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. Plan Check fees up due to larger projects in 2025 relative to 2024 (i.e. CoBeck Construction, Lake Johanna F
<br />Salaries & Benefits. Increases across departments due to Comp & Class reclassifications, COLA, and insurance increases.
<br />Mayor & Council. Q2 YTD 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), Deputy Clerk Separation Agreement
<br />Finance. In line with prior year.
<br />TCAAP. Q2 YTD spend lower than prior year as 2024 expenditures included Kimley-Horn AUAR and Traffic Updates, & Financial Ci
<br />Planning & Zoning. Vacancy savings over 2024 (Community Development Director).
<br />Public Safety/Fire Protection. Contract increase in line with budget expectations. Fire contract fully paid in first half 2025.
<br />Protective Inspections Q1 Personnel Savings (Permit Tech).
<br />Street Maintenance. In line with prior year.
<br />Recreation. In line with budget expectations, Parks & Recreation Manager new position in May 2025.
<br />Park Maintenance. Seasonal staff increased relative to prior year.
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