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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 />2012 2013 (2) 2014 2015
<br />Revenues:
<br />General property taxes $5,416,328 $5,657,416 $6,053,119 $5,897,070
<br />Tax increment collections 1,364,881 1,398,000 1,117,824 1,106,582
<br />Licenses, fees and permits 290,985 342,390 351,102 296,465
<br />Intergovernmental 1,530,983 792,477 1,464,479 1,644,481
<br />Special assessments 427,467 587,191 491,988 621,931
<br />Charges for services 1,736,274 1,932,268 1,787,611 1,879,520
<br />Cable franchise fees 101,403 104,089 109,009 108,104
<br />Fines and forfeits 130,560 129,363 126,584 130,823
<br />Investment income 55,201 24,197 189,216 145,447
<br />Contributions and donations 2,778 16,134 45,640 15,903
<br />Miscellaneous 194,052 375,719 104,113 172,913
<br /> Total revenues 11,250,912 11,359,244 11,840,685 12,019,239
<br />Expenditures:
<br /> Current:
<br /> General government 1,059,361 836,190 926,501 948,089
<br /> Public safety 2,671,890 4,174,754 4,357,563 4,352,048
<br /> Public works 818,851 1,042,876 1,001,378 1,043,791
<br /> Parks and recreation 344,702 420,826 463,057 446,684
<br /> Services to other cities 1,039,504 - - -
<br /> Nondepartmental 160,513 56,117 59,265 40,139
<br /> Housing and redevelopment 240,097 150,070 143,863 119,294
<br /> Capital outlay 346,644 284,392 386,652
<br /> Debt service:
<br /> Principal retirement 4,255,000 4,245,000 7,785,000 3,750,000
<br /> Interest 1,299,266 1,308,344 1,139,216 1,020,262
<br /> Paying agent fees 18,811 16,387 7,853 10,386
<br /> Professional service 3,480 6,682 17,104 16,971
<br /> Issuance costs 132,217 66,035 185,800 142,682
<br />Construction/acquisition costs 2,253,448 1,618,986 2,959,264 3,750,269
<br />Developer incentives 409,007 415,233 431,875 475,886
<br /> Total expenditures 15,052,791 14,641,892 19,902,361 16,503,153
<br />Revenues over (under) expenditures (3,801,879) (3,282,648) (8,061,676) (4,483,914)
<br />Other financing sources (uses):
<br /> Bonds issued 2,195,000 1,775,000 2,070,000 2,580,000
<br /> Refunding bonds issued 7,300,000 - 4,970,000 4,310,000
<br /> Redemption of refunded bonds - - - -
<br /> Payment to refunded bond escrow agent (4,015,373) - - (4,332,935)
<br /> Premium on debt issued 190,221 42,080 158,044 188,693
<br /> Sale of capital assets 10,962 25,244 13,390 25,860
<br /> Transfers in 1,626,372 2,021,913 1,908,166 2,069,259
<br /> Transfers out (1,016,372) (1,482,913) (1,514,667) (1,900,647)
<br />Total other financing
<br />sources(uses) 6,290,810 2,381,324 7,604,933 2,940,230
<br />Net change in fund balance $2,488,931 ($901,324) ($456,743) ($1,543,684)
<br />Debt service as a percentage of
<br />noncapital expenditures 44.6% 43.6% 54.2% 36.5%
<br />Debt service as percentage of total expenditures
<br />36.9% 37.9% 44.8% 28.9%
<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 />154
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