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<br /> CITY OF ARDEN HILLS, MINNESOTA I
<br />COMBINED STATEMENT OF REVEl\TUE, EXPENDITURES AND CHANGES IN FUND BALANCE
<br /> BUDGET AND ACTUAL I
<br /> GENERAL AND SPECIAL REVENUE FUNDS .
<br /> YEAR ENDED DECEMBER 31, 2001
<br /> General I
<br /> Variance -
<br /> Favorable I
<br /> Budget Actual (Unfavorable )
<br />REVENUE
<br />Property taxes $ 1,996,000 $ 2,028,421 $ 32,42 I
<br />Tax increments I
<br />Licenses and permits 271,550 493,771 222,22 I
<br />Intergovernmental 353,036 346,538 (6,498)
<br />Charges for services 55,313 60,170 4,857 I
<br />Fines and forfeitures 32,000 31,193 (807)
<br />Interest on investments 19,000 28,316 9,316
<br />Miscellaneous 48,475 115,286 66,81 I I
<br />TOTAL REVENUE 2,775,374 3,103,695 328,321
<br />EXPENDITURES I
<br />Current
<br />General government 638,585 703,979 (65,394)
<br />Public safety 1,094,881 1,106,927 (12,046) I
<br />Public works 257,340 285,862 (28,522)
<br />Culture and recreation 278,635 288,774 (10,139)
<br />Economic development :. I
<br />Miscellaneous
<br />Capital outlay 184,500 227,572 (43,072)
<br />TOTAL EXPENDITURES 2,453,941 2,613,114 (159,173) I
<br />EXCESS (DEFICIENCY) OF REVENUE
<br />OVER EXPENDITURES 321,433 490,581 169,148 I
<br />OTHER FINANCING SOURCES (USES)
<br />Operating transfers in 15,000 51,583 36,583 I
<br />Operating transfers out (333,750) (463,750) (130,000)
<br />TOTAL OTHER FINANCING SOURCES (USES) (318,750) (412,167) (93,417)
<br />EXCESS (DEFICIENCY) OF REVENUE I
<br />AND OlliER FINANCING SOURCES OVER
<br />EXPENDITURES AND OTHER FINANCING USES $ 2,683 78,414 $ 75,731 I
<br />FUND BALANCE, JANUARY I 635,290
<br />FUND BALANCE, DECEMBER 31 $ 713,704 I
<br /> . I
<br /> I
<br />See Notes to Financial Statements.
<br /> -7- I
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