|
City of Arden Hills
<br />General Fund
<br />Fund Balance Policy Targets
<br />Attachment B
<br />2024 2023 2022 2021 2020
<br />NY Expenditures
<br />$ 6,711,279
<br />$ 6,071,270
<br />$ 5,530,180
<br />$ 5,239,510
<br />$ 5,212,980
<br />% Change over prior year
<br />10.5%
<br />9.8%
<br />5.5%
<br />0.5%
<br />3.9%
<br />50% Target
<br />3,355,640
<br />3,035,635
<br />2,765,090
<br />2,619,755
<br />2,606,490
<br />Assigned/Non-Spendable F/B
<br />$ 270,691
<br />$ 325,930
<br />$ 293,523
<br />$ 270,248
<br />$ 225,250
<br />Unassigned F/B
<br />3,050,072
<br />2,878,628
<br />3,072,714
<br />2,899,574
<br />3,155,256
<br />Fund Balance
<br />3,320,763
<br />3,204,558
<br />3,366,237
<br />3,169,822
<br />3,380,506
<br />FB % Change over prior year
<br />3.6%
<br />-4.8%
<br />6.2%
<br />-6.2%
<br />5.1%
<br />UA FB % Change over prior year
<br />6.0%
<br />-6.3%
<br />6.0%
<br />-8.1%
<br />5.6%
<br />Over/(Under) F/B
<br />(305,568)
<br />(157,007)
<br />307,624
<br />279,819
<br />548,766
<br />Unassigned Fund Balance %
<br />45.4%
<br />47.4%
<br />55.6%
<br />55.3%
<br />60.5%
<br />F/B Policy Met
<br />•
<br />NO
<br />YES
<br />YES
<br />YES
<br />
|