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CITY OF ARDEN HILLS, MINNESOTA TABLE OF CONTENTS DECEMBER 31, 2003 . Pa2"e No. I. INTRODUCTORY SECfION Ejected and Appointed Officials 11. FINANCIAL SECTION Independent Auditor's Report 2 General Purpose Financial Statements Combined Balance Sheet - All Food Types and ACCOoot Groups Combined Statement of Revenue, Expenditures and Changes in Fund Balance- All Governmental Fnnd Types Combined Statement of Revenue, Expenditures and Changes in Frmd Balance- Budget and Actual- General, Special Revenue and Debt Service Funds Combined Statement of Revenue, Expenses and Changes in Retained Earnings- All Proprietary Food Types Combined Statement of Cash Flows - All Proprietary Fund Types Notes to Financial Statements 3-4 5-6 7-8 9 IO II - 25 Combining and Individual Fund Financial Statements General Fund Comparative Balance Sheets Statement of Revenue, Expenditures and Changes in Fund Balance - Budget and Acrnal Special Revenue Funds Combining Balance Sheet Combining Statement of Revenue) Expenditures and Changes in Fund Balance (Deficit) Capital Projects Funds Combining Balance Sheet Combining Statement of Revenue, Expenditures and Changes in Fund Balance (Deficit) Enterprise Frmds Combining Balance Sheet Combining Statement of Revenue, Expenses and Changes in Retained Earnings Combining Statement of Cash Flows Tax Capacity, Tax Levies and Tax Capacity Rates 26 27 - 30 . 31 - 32 33 - 34 35 - 36 37 - 38 39 - 40 41 - 42 43 - 44 45 m. OTHER REPORT Report on Minnesota Legal Compliance Schedule of Findings 46 47 .