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<br /> CITY OF ARDEN HILLS, MlNNESOTA
<br />. COMBINED STATEMENT OF REVENUE, EXPENDlTURES AND CHANGES IN FUND BALANCE
<br /> BUDGET AND ACTUAL
<br /> GENERAL, SPECIAL REVENUE AND DEBT SERVICE FUNDS
<br /> YEAR ENDED DECEMBER 3],2003
<br /> General
<br /> Variance -
<br /> Favorable
<br /> Budget Actual (Unfavorable)
<br /> REVENUE
<br /> Taxes $ 2,] 06,8 J 0 $ 2,230,] 13 $ ]23,303
<br /> Licenses and pennits 340,350 655,550 3]5,200
<br /> Intergovernmental 135,] 05 76,392 (58,713)
<br /> Charges for services 58,320 66,601 8,281
<br /> Fines and forfeitures 28,600 31,334 2,734
<br /> Interest on investments 8,000 8,299 299
<br /> Miscellaneous 70.875 ] 05.095 34,220
<br /> TOTAL REVENUE 2,748,060 3,173,384 425,324
<br /> EXPENDnURES
<br /> Current
<br /> General government 7]4,300 751,899 (37,599)
<br /> Publlc safety 1.064.301 1,076,010 (1],709)
<br /> Public works 989,600 989,506 94
<br /> Culture and recreation 216,560 233,357 (16,797)
<br />. Economic development
<br />Miscellaneous
<br />Capital outlay ]40,950 96,155 44,795
<br /> Debt service
<br /> TOTAL EXPENDITURES 3,125,711 3, ]46,927 (21,2]6)
<br /> EXCESS (DEFIC]ENCY) OF
<br /> REVENUE OVER EXPENDITURES (377 .65]) 26,457 404,108
<br /> OT] IER FINANCING SOURCES (USES)
<br /> Operating transfers in 559,905 554,155 (5,750)
<br /> Operating transfers Qut (218,945) (2]8,945)
<br /> TOTAL OTHER FINANCING SOURCES (USES) 340,960 335,210 (5,750)
<br /> EXCESS (DEFIC]ENCY) OF
<br /> REVENUE AND OlliER FINANCING
<br /> SOURCES OVER EXPENDITURES
<br /> AND OHlER FINANCING USES $ (36,691) 361,667 $ 398,358
<br /> FUND BALANCE, JANUARY] 753,]72
<br /> FUND BALANCE, DECEMBER 31 $ 1,114,839
<br />
<br />.
<br />
<br />See Notes to Financial Statements.
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