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<br /> <br />City of Arden Hills <br />April 10, 2003 <br />Page Five <br /> <br />. <br /> <br />A table summarizing the general fund balance in relation to budget follows: <br /> <br /> Fund <br /> Following Balance <br /> Fund Year as a Percent <br />Year Balance Budget of Budget <br />2002 $ 753,172 $ 3,305,546 23% <br />2001 713,704 3,046,509 23 <br />2000 601,394 2,929,590 21 <br />1999 575,223 2,540,460 23 <br /> <br /> Fund Balance as a Percent of Next Year's Budget <br /> $3,500,000 , -- <br /> $3,000,000 $3,305,546 I <br /> $3,046,509 <br /> $2,500,000 <br /> $2,540,460 $2,929,590 <br /> $2,000,000 <br />. $1,500,000 <br /> $1,000,000 I <br /> $500,000 i <br /> 23% 21% 23% 23% <br /> $- <br /> 1999 2000 2001 2002 <br /> 1__ Fund Balance ---- Budget I <br /> <br />. <br />