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CITY OF ST. ANTHONY, MINNESOTA
<br />SCHEDULE OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE
<br />STREET IMPROVEMENT DEBT SERVICE FUND
<br />For The Year Ended December 31, 2019
<br />With Comparative Totals For The Year Ended December 31, 2017
<br />Prior to 2008
<br />Street
<br />Improvement
<br />Bonds Fund
<br />2008 Street
<br />Improvement
<br />Bond Fund
<br />2009 Street
<br />Improvement
<br />Bond Fund
<br />2010 Street
<br />Improvement
<br />Bond Fund
<br />2011 Street
<br />Improvement
<br />Bond Fund
<br />2012 Street
<br />Improvement
<br />Bond Fund
<br />Revenues:
<br /> General property taxes $402,664 $147,274 $158,866 $95,010 $122,813 $123,539
<br /> Intergovernmental - - - - - -
<br /> Special assessments 38,236 - 15,599 3,635 13,608 33,841
<br /> Investment income 30,262 2,254 380 521 2,300 9,270
<br /> Miscellaneous - - - - - -
<br />Total revenues 471,162 149,528 174,845 99,166 138,721 166,650
<br />Expenditures:
<br />Public works:
<br /> Professional service 132 27 339 213 238 1,276
<br />Debt service:
<br /> Principal 770,000 140,000 150,000 815,000 1,270,000 140,000
<br /> Interest 42,484 20,025 33,600 25,780 43,769 34,512
<br /> Paying agent fees 5,664 656 119 900 475 95
<br /> Issuance costs - - - 15,840 21,450 -
<br />Total expenditures 818,280 160,708 184,058 857,733 1,335,932 175,883
<br />Revenues over (under) expenditures (347,118) (11,180) (9,213) (758,567) (1,197,211) (9,233)
<br />Other financing sources (uses):
<br /> Bonds issued - - - - - -
<br /> Refunding bonds issued - - - 565,000 770,000 -
<br /> Premium on bonds issued - - - 54,841 82,024 -
<br /> Transfers in 140,500 7,000 18,000 18,000 18,000 18,000
<br />Total other financing sources (uses) 140,500 7,000 18,000 637,841 870,024 18,000
<br />Net change in fund balance (206,618) (4,180) 8,787 (120,726) (327,187)8,767
<br />Fund balance - January 1 1,501,685 173,756 132,946 174,240 388,375 374,135
<br />Fund balance - December 31 $1,295,067 $169,576 $141,733 $53,514 $61,188 $382,902
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