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<br />CITY OF ST. ANTHONY, MINNESOTA
<br />SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES Exhibit 4
<br />IN FUND BALANCE
<br />HRA PROJECTS FUND
<br />For The Year Ended December 31, 2008
<br />With Comparative Totals For The Year Ended December 31, 2007
<br />Expenditures:
<br />Tax Increment Financing
<br />Districts HRA Intra-
<br />Totals
<br />General government:
<br />Chandler
<br />Apache Directed Activity
<br />HRA Projects Fund
<br />Place
<br />(Wal-Mart) Projects Eliminations
<br />2008
<br />2007
<br />Revenues:
<br />76,343
<br />53,874
<br />Public works:
<br />Tax increment collections
<br />$175,230
<br />$1,223,783 $ - $ -
<br />$1,399,013
<br />$1,193,019
<br />Intergovernmental - MVHC
<br />-
<br />7,487 - -
<br />7,487
<br />6,585
<br />Investment income
<br />7,763
<br />12,692 - -
<br />20,455
<br />46,050
<br />Other revenues:
<br />Developer fees and reimbursements
<br />-
<br />- - -
<br />-
<br />151,491
<br />Other
<br />-
<br />- - -
<br />-
<br />5,069
<br />Total revenues
<br />182,993
<br />1,243,962 0 0
<br />1,426,955
<br />1,402,214
<br />Expenditures:
<br />General government:
<br />Other
<br />1,745
<br />26,786
<br />47,812
<br />76,343
<br />53,874
<br />Public works:
<br />Contractual services
<br />-
<br />-
<br />-
<br />-
<br />36,807
<br />Parks and recreation:
<br />Contractual services
<br />-
<br />-
<br />28,500
<br />28,500
<br />32,592
<br />Developer incentives
<br />-
<br />323,485
<br />-
<br />323,485
<br />3,592,385
<br />Debt service:
<br />Principal
<br />-
<br />-
<br />-
<br />-
<br />-
<br />885,000
<br />Interest
<br />-
<br />-
<br />-
<br />-
<br />-
<br />337,416
<br />Paying agent fees
<br />-
<br />-
<br />-
<br />-
<br />-
<br />2,650
<br />Issuance costs
<br />-
<br />-
<br />-
<br />-
<br />-
<br />208,545
<br />Total expenditures
<br />1,745
<br />350,271
<br />76,312
<br />0
<br />428,328
<br />5,149,269
<br />Revenues over(under)expenditures
<br />181,248
<br />893,691
<br />(76,312)
<br />0
<br />998,627
<br />(3,747,055)
<br />Other financing sources (uses):
<br />Bonds issued
<br />-
<br />-
<br />-
<br />4,640,000
<br />Discount on bonds issued
<br />-
<br />(231)
<br />Transfers in
<br />58,158
<br />(58,158)
<br />-
<br />Transfers out
<br />(465,579)
<br />(573,949)
<br />(58,158)
<br />58,158
<br />(1,039,528)
<br />(3,230,861)
<br />Total other financing sources (uses)
<br />(465,579)
<br />(515,791)
<br />(58,158)
<br />0
<br />(1,039,528)
<br />1,408,908
<br />Net change in fund balance
<br />(284,331)
<br />377,900
<br />(134,470)
<br />0
<br />(40,901)
<br />(2,338,147)
<br />Fund balance - January 1
<br />280,432
<br />494,753
<br />173,116
<br />-
<br />948,301
<br />3,286,448
<br />Fund balance (deficit) - December 31
<br />($3,899)
<br />$872,653
<br />$38,646
<br />$0
<br />$907,400
<br />$948,301
<br />121
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