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05-31-05
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05-31-05
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<br />. <br /> <br />. <br /> <br />. <br /> <br /> <br />Capital Projects Funds <br /> <br />City of Arden Hills <br />March 24, 2005 <br />Page Eleven <br /> <br />These funds accumulate resources to finance major capital acquisition and construction pI <br />fund balances (deficits) follows: <br /> <br /> <br />Fund <br /> <br />Major <br />Non-Assessable Road Improvements <br />Permanent Improvement Revolving <br /> <br />Subtotal <br /> <br />Nonmajor <br />Municipal Land and Buildings <br />Capital Equipment <br />Public Safety Capital Equipment <br /> <br />Subtotal <br /> <br />Total <br /> <br />. A recap of each fund and <br /> <br />Increase <br />(Decrease ) <br /> <br />7,944,488 <br /> <br />82,310 <br />4,053 <br />40,944 <br /> <br />538,104 <br /> <br />127,307 <br /> <br />$ 8,482,592 <br /> <br />$ (1,461,556) <br /> <br />resources to the original funding source or to a permanent <br /> <br />s $4,79 , of which $838,955 represents the amount ofthe unpaid advance to the <br />relate,. the acquisitions of the Indy Kiewicz property. This entire advance is <br />und fro~ Ramsey County reimbursement and remnant parcel sale proceeds. Interest <br /> <br />rove existing City buildings or provide for new buildings. The deficit should be eliminated <br />ds. <br /> <br />Capital Equipment <br />Its purpose will be to accwnulate resources to finance major equipment purchases. <br /> <br />Public Safety Capital Equipment <br />The fund balancc will be used for equipment replacement. <br /> <br />952.835.9090 . Fax 952.83.').3261 <br /> <br />ViWw.aemcpas.com <br />
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