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<br />
<br />City of St. Anthony, Minnesota’s Net Position
<br />
<br />Governmental Activities Business-Type Activities Totals
<br />2018 2017 2018 2017 2018 2017
<br />
<br />Current and other assets $17,812,154 $19,809,914 $4,039,968 $4,314,460 $21,852,122 $24,124,374
<br />Capital assets 35,371,998 35,203,865 24,047,540 23,184,164 59,419,538 58,388,029
<br />Total assets $53,184,152 $55,013,779 $28,087,508 $27,498,624 $81,271,660 $82,512,403
<br />Total deferred outflows of resources $4,154,761 $5,681,820 $0 $0 $4,154,761 $5,681,820
<br />Long term liabilities outstanding $37,640,959 $38,976,843 $1,056,990 $1,288,644 $38,697,949 $40,265,487
<br />Other liabilities 1,466,143 3,042,302 367,637 528,749 1,833,780 3,571,051
<br />Total liabilities $39,107,102 $42,019,145 $1,424,627 $1,817,393 $40,531,729 $43,836,538
<br />Total deferred inflows of resources $6,257,505 $6,951,071 $0 $0 $6,257,505 $6,951,071
<br />Net position:
<br /> Invested in capital assets net of related debt $10,422,047 $10,274,946 $23,179,624 $22,151,578 $33,601,671 $32,426,524
<br /> Restricted 7,328,810 6,780,816 - - 7,328,810 6,780,816
<br /> Unrestricted (5,776,551) (5,330,379) 3,483,257 3,529,653 (2,293,294) (1,800,726)
<br />Total net position $11,974,306 $11,725,383 $26,662,881 $25,681,231 $38,637,187 $37,406,614
<br />
<br />The City’s net position increased by $1,230,573 in 2018. The increase was primarily due to
<br />revenues exceeding expenses.
<br />
<br />City of St. Anthony, Minnesota’s Changes in Net Position
<br />
<br />Governmental Activities Business-Type Activities Totals
<br />2018 2017 2018 2017 2018 2017
<br />Revenues:
<br />Program revenue:
<br />Charges for services $1,602,792 $2,281,654 $8,242,070 $8,003,618 $9,844,862 $10,285,272
<br />Operating grants and contributions 560,924 630,316 - - 560,924 630,316
<br />Capital grants and contributions 817,077 1,604,844 126,991 569,716 944,068 2,174,560
<br />General revenue:
<br />Property taxes 7,128,703 6,577,570 - - 7,128,703 6,577,570
<br />Other taxes 1,870,589 1,530,093 - - 1,870,589 1,530,093
<br />Grants and contributions
<br />not restricted to specific programs 559,437 535,422 - - 559,437 535,422
<br />Other 560,822 676,616 45,336 94,525 606,158 771,141
<br />Total revenues 13,100,344 13,836,515 8,414,397 8,667,859 21,514,741 22,504,374
<br />Expenses:
<br />General government 1,234,274 1,337,698 - - 1,234,274 1,337,698
<br />Public safety 4,886,105 6,018,470 - - 4,886,105 6,018,470
<br />Public works 3,005,637 2,988,291 - - 3,005,637 2,988,291
<br />Parks and recreation 488,132 472,700 - - 488,132 472,700
<br />Housing and redevelopment 1,189,659 787,775 - - 1,189,659 787,775
<br />Interest on long-term debt 795,625 738,914 - - 795,625 738,914
<br />Liquor - - 5,617,377 5,591,683 5,617,377 5,591,683
<br />Water - - 1,573,857 1,176,102 1,573,857 1,176,102
<br />Sewer - - 1,243,591 1,144,273 1,243,591 1,144,273
<br />Stormwater - - 249,911 244,135 249,911 244,135
<br />Total expenses 11,599,432 12,343,848 8,684,736 8,156,193 20,284,168 20,500,041
<br />Excess before transfers 1,500,912 1,492,667 (270,339) 511,666 1,230,573 2,004,333
<br />Transfers (1,251,989) (7,986,616) 1,251,989 7,986,616 - -
<br />Increase (decrease) in net position 248,923 (6,493,949) 981,650 8,498,282 1,230,573 2,004,333
<br />Net position - January 1 11,725,383 18,219,332 25,681,231 17,182,949 37,406,614 35,402,281
<br />Net position - December 31 $11,974,306 $11,725,383 $26,662,881 $25,681,231 $38,637,187 $37,406,614
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