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CCP 05-24-2004
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CCP 05-24-2004
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<br />. <br /> <br />. <br /> <br />. <br /> <br /> <br />City of Arden Hills <br />April ], 2004 <br />Page Nine <br /> <br />Community Service <br /> <br />This fund will provide for various parks, recreation and public safety needs in the community as detennined by the <br />Council and permitted by statute. <br /> <br />Recreation Program <br /> <br />The summer playground activities oflhis fund \vere reclassified from the general fund in 1998. Expenditures were in <br />excess of revenue by $82,964. A transfer of569,945 was made 10 reduce the fund deficit to $13,752. <br /> <br />Park <br /> <br />This fund is used to finance and plan future new park capital improvements. The revenue mainly results from park <br />dedication fees. <br /> <br />Cable TV <br /> <br />The fund balance is expected to be used for cable equipment and programming activities al the new city hall. <br /> <br />TCAAP <br /> <br />The fund balance is expected to be used for future development implementation planning activities. <br /> <br />Risk Management <br /> <br />This fund exists to pay deductible costs on insurance claims. The revenue will come from insurance dividends received <br />from tbe League of Minnesota Cities Insurance Trust. <br /> <br />Economic De,,'elopment Authority <br /> <br />The Economic Development Authority had activity for the first time in 1997 and will account for tax increments. and <br />projects within the TIF districts. The Development/Redevclopmenl TIF capital projects fund was closed into this fund <br />in ]997. <br /> <br />f);;'2.8.J5.90'JO ~ En %2.8?;l..'l261 <br /> <br />www.aeHKpas_com <br />
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