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<br />
<br />City of St. Anthony, Minnesota’s Net Position
<br />
<br />Governmental Activities Business-Type Activities Totals
<br />2020 2019 2020 2019 2020 2019
<br />
<br />Current and other assets $21,508,654 $18,034,604 $4,691,115 $4,207,251 $26,199,769 $22,241,855
<br />Capital assets 33,885,667 33,162,734 24,315,166 25,259,110 58,200,833 58,421,844
<br />Total assets $55,394,321 $51,197,338 $29,006,281 $29,466,361 $84,400,602 $80,663,699
<br />Total deferred outflows of resources $1,936,317 $2,806,776 $0 $0 $1,936,317 $2,806,776
<br />Long term liabilities outstanding $35,951,705 $35,346,194 $791,392 $929,986 $36,743,097 $36,276,180
<br />Other liabilities 1,825,400 1,650,866 421,610 440,794 2,247,010 2,091,660
<br />Total liabilities $37,777,105 $36,997,060 $1,213,002 $1,370,780 $38,990,107 $38,367,840
<br />Total deferred inflows of resources $3,280,339 $4,926,760 $0 $0 $3,280,339 $4,926,760
<br />Net position:
<br /> Invested in capital assets net of related debt $10,349,363 $9,746,635 $23,721,266 $24,525,702 $34,070,629 $34,272,337
<br /> Restricted 6,700,424 6,556,757 - - 6,7 00,424 6,556,757
<br /> Unrestricted (776,593) (4,223,098) 4,072,013 3,569,879 3,295,420 (653,219)
<br />Total net position $16,273,194 $12,080,294 $27,793,279 $28,095,581 $44,066,473 $40,175,875
<br />
<br />The City’s net position increased by $3,890,598 in 2020. The increase was primarily due to
<br />constructing and capitalizing assets during the current year which will be depreciated in future
<br />years.
<br />
<br />City of St. Anthony, Minnesota’s Changes in Net Position
<br />
<br />Governmental Activities Business-Type Activities Totals
<br />2020 2019 2020 2019 2020 2019
<br />Revenues:
<br />Program revenue:
<br />Charges for services $1,722,036 $1,847,264 $9,595,167 $8,577,859 $11,317,203 $10,425,123
<br />Operating grants and contributions 1,211,012 494,389 - - 1,211,012 494,389
<br />Capital grants and contributions 1,862,319 633,142 - - 1,862,319 633,142
<br />General revenue:
<br />Property taxes 7,946,178 7,477,523 - - 7,946,178 7,477,523
<br />Tax increment taxes 2,077,137 2,060,375 - - 2,077,137 2,060,375
<br />Grants and contributions
<br />not restricted to specific programs 613,302 561,062 - - 613,302 561,062
<br />Other 359,421 508,302 45,267 113,180 404,688 621,482
<br />Total revenues 15,791,405 13,582,057 9,640,434 8,691,039 25,431,839 22,273,096
<br />Expenses:
<br />General government 1,374,449 1,587,360 - - 1,374,449 1,587,360
<br />Public safety 5,125,951 4,789,232 - - 5,125,951 4,789,232
<br />Public works 2,915,895 2,960,916 - - 2,9 15,895 2,960,916
<br />Parks and recreation 438,126 536,095 - - 438,126 536,095
<br />Housing and redevelopment 1,276,274 975,246 - - 1,276,274 975,246
<br />Interest on long-term debt 680,448 803,042 - - 680,448 803,042
<br />Liquor - - 6,605,500 5,903,275 6,605,500 5,903,275
<br />Water - - 1,554,879 1,617,354 1,554,879 1,617,354
<br />Sewer - - 1,202,141 1,253,102 1,202,141 1,253,102
<br />Stormwater - - 367,578 308,786 367,578 308,786
<br />Total expenses 11,811,143 11,651,891 9,730,098 9,082,517 21,541,241 20,734,408
<br />Excess before transfers 3,980,262 1,930,166 (89,664) (391,478) 3,890,598 1,538,688
<br />Transfers 212,638 (1,824,178) (212,638) 1,824,178 - -
<br />Increase (decrease) in net position 4,192,900 105,988 (302,302) 1,432,700 3,890,598 1,538,688
<br />Net position - January 1 12,080,294 11,974,306 28,095,581 26,662,881 40,175,875 38,637,187
<br />Net position - December 31 $16,273,194 $12,080,294 $27,793,279 $28,095,581 $44,066,473 $40,175,875
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