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CITY OF ST. ANTHONY, MINNESOTA
<br />CHANGES IN FUND BALANCES - GOVERNMENTAL FUNDS
<br />Last Ten Fiscal Years
<br />(Modified Accrual Basis of Accounting)
<br />2006 2007 2008 2009 2010
<br />Revenues:
<br />General property taxes $3,649,764 $3,957,749 $4,097,493 $4,407,221 $4,787,076
<br />Tax increment collections 851,309 1,469,532 1,682,549 1,903,840 1,911,678
<br />Licenses, fees and permits 244,170 213,842 247,878 358,381 224,096
<br />Intergovernmental 954,911 706,080 2,039,592 1,430,366 1,239,053
<br />Special assessments 589,812 441,327 385,197 506,262 398,895
<br />Charges for services 1,113,298 1,403,419 1,451,925 1,519,427 1,528,210
<br />Cable franchise fees 70,737 85,162 92,606 92,309 92,786
<br />Fines and forfeits 135,960 164,788 139,421 122,870 128,165
<br />Investment income 507,615 689,428 400,038 184,053 224,598
<br />Contributions and donations 6,300 37,100 3,950 3,450 2,834
<br />Miscellaneous 511,851 404,611 186,449 53,354 708,181
<br /> Total revenues 8,635,727 9,573,038 10,727,098 10,581,533 11,245,572
<br />Expenditures:
<br /> Current:
<br /> General government 952,291 945,295 1,076,699 1,017,405 1,170,630
<br /> Public safety 2,255,783 2,165,891 2,446,434 2,654,708 2,615,752
<br /> Public works 759,254 809,751 679,269 761,530 726,064
<br /> Parks and recreation 783,791 428,341 394,673 401,787 388,808
<br /> Services to other cities 649,625 911,419 940,807 1,026,842 1,016,479
<br /> Nondepartmental 1,501 48,735 23,387 6,798 6,940
<br /> Housing and redevelopment 439,422 173,098 212,583 191,608 183,513
<br /> Capital outlay:
<br /> General government 6,389 125 - - -
<br /> Public safety 229,174 12,993 - - 67,850
<br /> Public works 21,056 316,264 318,668 271,459 212,029
<br /> Parks and recreation 19,712 - - - -
<br /> Debt service:
<br /> Principal retirement 4,765,000 2,195,000 2,305,000 1,970,000 4,255,000
<br /> Interest 1,022,069 1,313,578 1,450,248 1,369,280 1,392,608
<br /> Paying agent fees 9,373 11,501 10,601 9,519 8,763
<br /> Professional service 9,140 1,901 5,080 5,077 3,117
<br /> Issuance costs - 208,545 - 49,420 -
<br />Construction/acquisition costs 2,108,395 5,366,376 3,419,607 4,789,180 2,420,767
<br />Developer incentives 2,769,938 3,592,385 323,485 443,092 470,632
<br />District decertified - repayment
<br />of tax increments 36,580 - - - -
<br /> Total expenditures 16,838,493 18,501,198 13,606,541 14,967,705 14,938,952
<br />Revenues over (under) expenditures (8,202,766) (8,928,160) (2,879,443) (4,386,172) (3,693,380)
<br />Other financing sources (uses):
<br /> Bonds issued 8,165,000 6,690,000 1,910,000 3,965,000 1,375,000
<br /> Refunding bonds issued - - - 2,855,000 -
<br /> Redemption of refunded bonds - - - (1,210,000) -
<br /> Payment to refunded bond escrow agent - - - - -
<br /> Premium on debt issued 30,669 - 8,749 140,492 402
<br /> Discount on debt issued (3,069) (213) - - -
<br /> Sale of capital assets 18,855 8,744 14,705 12,056 15,347
<br /> Transfers in 1,775,848 4,275,129 1,832,828 1,307,574 3,634,584
<br /> Transfers out (1,290,848) (3,827,825) (1,207,828) (829,574) (3,156,584)
<br />Total other financing
<br />sources(uses) 8,696,455 7,145,835 2,558,454 6,240,548 1,868,749
<br />Net change in fund balance $493,689 ($1,782,325) ($320,989) $1,854,376 ($1,824,631)
<br />Debt service as a percentage of
<br />noncapital expenditures 40.0% 27.4% 38.1% 33.7% 46.1%
<br />Debt service as percentage of total expenditures
<br />34.4% 19.0% 27.6% 22.3% 37.8%
<br />(1) In 2011 the Water Filtration and Purification fund was reclassified to the Water and Sewer Proprietary Fund.
<br />(2) In 2013, services to other cities were reclassified to public safety expense.
<br />Fiscal Year
<br />156
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