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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE
<br />GOVERNMENTAL FUNDS
<br />For The Year Ended December 31, 2017
<br />With Comparative Totals For The Year Ended December 31, 2016
<br />General Fund
<br />Street Improvement
<br />Debt Service Fund
<br />HRA TIF Debt
<br />Service
<br />Revenues:
<br /> General property taxes $3,786,628 $1,807,259 $ -
<br /> Tax increment collections - - -
<br /> Licenses, fees and permits 358,230 - -
<br /> Intergovernmental 1,009,843 - -
<br /> Special assessments 5,074 358,068 -
<br /> Charges for services 1,599,256 - -
<br /> Cable franchise fees 115,079 - -
<br /> Fines and forfeits 71,657 - -
<br /> Investment income 17,383 23,067 47
<br /> Contributions and donations 101,500 - -
<br /> Refunds and reimbursements 5,623 - -
<br /> Army settlement - - -
<br /> Miscellaneous 18,705 - -
<br /> Total revenues 7,088,978 2,188,394 47
<br />Expenditures:
<br /> Current:
<br /> General government 993,072 - -
<br /> Public safety 5,341,235 - -
<br /> Public works 819,632 - -
<br /> Parks and recreation 256,367 - -
<br /> Nondepartmental 45,095 - -
<br /> Housing and redevelopment - - -
<br /> Capital outlay:
<br /> General government - - -
<br /> Public safety - - -
<br /> Public works - - -
<br />Debt service:
<br /> Principal - 3,525,000 385,000
<br /> Interest - 447,359 190,038
<br /> Paying agent fees - 3,389 1,503
<br /> Professional service - 5,073 -
<br /> Issuance costs - 29,467 -
<br />Construction/acquisition costs - - -
<br />Developer incentives - - -
<br /> Total expenditures 7,455,401 4,010,288 576,541
<br />Revenues over (under) expenditures (366,423) (1,821,894) (576,494)
<br />Other financing sources (uses):
<br /> Bonds issued - 54,817 -
<br /> Refunding bonds issued - 1,355,000 -
<br /> Premium on bonds issued - 78,253 -
<br /> Sale of capital assets - - -
<br /> Transfers in 619,060 386,216 575,038
<br /> Transfers out (172,190) - -
<br /> Total other financing sources (uses) 446,870 1,874,286 575,038
<br />Net change in fund balance 80,447 52,392 (1,456)
<br />Fund balance (deficit) - January 1 2,319,667 4,017,709 10,496
<br />Fund balance (deficit) - December 31 $2,400,114 $4,070,101 $9,040
<br />The accompanying notes are an integral part of these financial statements.
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