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REVENUES
<br />User charges
<br />Connection charges
<br />Other
<br />Interest earnings
<br />TOTALREVENUES
<br />EXPENSES
<br />Personnel expenses
<br />Supplies and materials
<br />Other services and charges
<br />Water purchases
<br />Depreciation
<br />Capital expenses
<br />Debt service
<br />TOTAL EXPENSES
<br />Bond Proceeds
<br />Transfers out
<br />EXCESS (DEFICIT) REVENUES OVER EXPENSES
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />STATEMENT OF REVENUES AND EXPENSES
<br />BUDGET AND ACTUAL
<br />FOR THE SIX MONTHS ENDED JUNE 30, 2025
<br />WATER FUND
<br />Percent
<br />Received or
<br />Expended
<br />Actual
<br />Actual
<br />Variance -
<br />Based on
<br />Annual
<br />Thru
<br />Thru
<br />Favorable
<br />Actuals Thru
<br />Budget
<br />06/30/24
<br />06/30/25
<br />(Unfavorable)
<br />06/30/25
<br />$ 3,057,534
<br />$ 555,991
<br />$ 569,447
<br />$ 13,456
<br />102.4 %
<br />50,783
<br />2,230
<br />92,725
<br />90,495
<br />4158.1
<br />571,466
<br />35,483
<br />7,463
<br />(28,019)
<br />21.0
<br />-
<br />34,876
<br />36,952
<br />2,076
<br />106.0
<br />3,679,783
<br />628,580
<br />706,588
<br />78,008
<br />112.4
<br />458,640
<br />194,673
<br />199,226
<br />(4,553)
<br />102.3
<br />51,500
<br />10,122
<br />29,347
<br />(19,225)
<br />289.9
<br />380,920
<br />142,836
<br />220,663
<br />(77,827)
<br />154.5
<br />1,748,000
<br />265,641
<br />590,970
<br />(325,329)
<br />222.5
<br />382,685
<br />-
<br />-
<br />-
<br />N/A
<br />855,000
<br />3,380
<br />3,860
<br />(479)
<br />114.2
<br />246,750
<br />250,461
<br />247,161
<br />3,300
<br />98.7
<br />4,123,495
<br />867,113
<br />1,291,227
<br />(424,114)
<br />148.9
<br />-
<br />-
<br />-
<br />N/A
<br />100,000
<br />N/A
<br />$ (543,712) $
<br />(238,534)
<br />$ (584,640) $
<br />(346,106)
<br />245.1 %
<br />Water Sales Comparison
<br />N $3.50
<br />c
<br />0
<br />$3.00
<br />$2.50
<br />$2.00
<br />$1.50
<br />$1.00
<br />$0.50
<br />Q1
<br />Q2
<br />�2023
<br />939.28
<br />569,050.97
<br />1,412,241.96
<br />2,994,366.80
<br />�2024
<br />373.25
<br />555,991.05
<br />1,212,961.11
<br />1,617,281.48
<br />-2025
<br />718.25
<br />569,446.82
<br />
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