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<br />VILLAGE OF ST. ANTHONY, MINNESOTA
<br />COMMENTS
<br />The Village of St. Anthony operates under "Optional Plan B" as defined in the State
<br />of Minnesota Statutes. Optional Plan B is known as the council-manager plan. Under
<br />this plan, as specified in the Statutes, "The council shall exercise the legislative
<br />power of the Village and determine all matters of policy. The Village manager shall
<br />be the head of the administrative branch of the Village government and shall be
<br />responsible to the council for the proper administration of all affairs relating to
<br />the Village." The council is composed of five members, including the mayor who is
<br />chairman. The Village manager is appointed by the council.
<br />STATEMENT
<br />Balance sheets are presented on the accrual basis of accounting for all funds. State-
<br />ments of income, retained earnings and changes in financial position are presented on
<br />the accrual basis for the Public Utility Funds and the Municipal Liquor Fund. The
<br />operating statements of all the other funds are presented on the cash basis of account-
<br />ing for comparison with budget.
<br />GENERAL FUND
<br />The General Fund is used to account for all receipts and the activities financed by
<br />them which are not accounted for in a special fund. The principal sources of receipts
<br />are property taxes, licenses and permits, fines and forfeitures and intergovernmental
<br />revenue. Disbursements are for general government, public safety, street and highways,
<br />recreation and other functions. The fund balance decreased $36,077 to $140,186 at
<br />December. 31, 1973. A condensed summary of receipts and disbursements, excluding
<br />investment transactions, is shown below.
<br />RECEIPTS
<br />General property taxes
<br />Licenses and permits
<br />Fines and forfeitures
<br />Revenue from use of money and property
<br />Intergovernmental revenue
<br />Other revenue
<br />Transfers from other funds
<br />DISBURSEMENTS
<br />General government
<br />Public Safety
<br />Highways
<br />Sanitation and waste removal
<br />Parks and recreation
<br />Other functions
<br />Transfers to other funds
<br />1973
<br />$107,950
<br />1972 _
<br />Budget
<br />Actual
<br />Budget
<br />Actual
<br />$246,923
<br />$215,185
<br />$215,700
<br />$198,567
<br />9,700
<br />13,301
<br />8,400
<br />13,327
<br />10,000
<br />12,740
<br />10,000
<br />8,657
<br />3,000
<br />4,206
<br />2,984
<br />4,442
<br />173,313
<br />172,290
<br />162,476
<br />161,476
<br />25,000
<br />28,254
<br />46,768
<br />37,211
<br />280,000
<br />294,817
<br />329.437
<br />329,43
<br />$747,936 74079 5775.765 753x117
<br />$110,207
<br />$107,950
<br />$108,024
<br />$104,992
<br />321,785
<br />320,605
<br />345,175
<br />340,363
<br />159,435
<br />158,139
<br />137,503
<br />129,509
<br />2,945
<br />2,854
<br />3,347
<br />2,904
<br />67,828
<br />66,220
<br />96,671
<br />94,7.55
<br />86,820
<br />90,071
<br />127,943
<br />101,658
<br />14 815
<br />749 020
<br />5745,839
<br />,$818,663
<br />$788926
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