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<br />
<br />City of St. Anthony, Minnesota’s Net Position
<br />
<br />Governmental Activities Business-Type Activities Totals
<br />2021 2020 2021 2020 2021 2020
<br />
<br />Current and other assets $23,891,135 $21,508,654 $5,379,427 $4,691,115 $29,270,562 $26,199,769
<br />Capital assets 33,854,615 33,885,667 25,013,354 24,315,166 58,867,969 58,200,833
<br />Total assets $57,745,750 $55,394,321 $30,392,781 $29,006,281 $88,138,531 $84,400,602
<br />Total deferred outflows of resources $4,479,130 $1,936,317 $0 $0 $4,479,130 $1,936,317
<br />Long term liabilities outstanding $32,992,744 $35,951,705 $625,283 $791,392 $33,618,027 $36,743,097
<br />Other liabilities 3,319,733 1,825,400 464,799 421,610 3,784,532 2,247,010
<br />Total liabilities $36,312,477 $37,777,105 $1,090,082 $1,213,002 $37,402,559 $38,990,107
<br />Total deferred inflows of resources $6,774,226 $3,280,339 $0 $0 $6,774,226 $3,280,339
<br />Net position:
<br /> Invested in capital assets net of related debt $10,068,970 $10,349,363 $24,563,962 $23,721,266 $34,632,932 $34,070,629
<br /> Restricted 6,655,391 6,700,424 - - 6,655,391 6,700,424
<br /> Unrestricted 2,413,816 (776,593) 4,738,737 4,072,013 7,152,553 3,295,420
<br />Total net position $19,138,177 $16,273,194 $29,302,699 $27,793,279 $48,440,876 $44,066,473
<br />
<br />The City’s net position increased by $4,374,403 in 2021. 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 />2021 2020 2021 2020 2021 2020
<br />Revenues:
<br />Program revenue:
<br />Charges for services $3,041,161 $1,722,036 $10,098,794 $9,595,167 $13,139,955 $11,317,203
<br />Operating grants and contributions 741,397 1,211,012 - - 741,397 1,211,012
<br />Capital grants and contributions 624,283 1,862,319 - - 624,283 1,862,319
<br />General revenue:
<br />Property taxes 8,083,595 7,946,178 - - 8,083,595 7,946,178
<br />Tax increment taxes 2,470,757 2,077,137 - - 2,470,757 2,077,137
<br />Grants and contributions
<br />not restricted to specific programs 640,386 613,302 - - 640,386 613,302
<br />Other 96,705 359,421 (5,291) 45,267 91,414 404,688
<br />Total revenues 15,698,284 15,791,405 10,093,503 9,640,434 25,791,787 25,431,839
<br />Expenses:
<br />General government 1,349,129 1,374,449 - - 1,349,129 1,374,449
<br />Public safety 4,840,277 5,125,951 - - 4,840,277 5,125,951
<br />Public works 2,947,640 2,915,895 - - 2,947,640 2,915,895
<br />Parks and recreation 646,257 438,126 - - 646,257 438,126
<br />Housing and redevelopment 1,217,386 1,276,274 - - 1,217,386 1,276,274
<br />Interest on long-term debt 695,343 680,448 - - 695,343 680,448
<br />Liquor - - 6,765,260 6,605,500 6,765,260 6,605,500
<br />Water - - 1,377,483 1,554,879 1,377,483 1,554,879
<br />Sewer - - 1,240,813 1,202,141 1,240,813 1,202,141
<br />Stormwater - - 337,796 367,578 337,796 367,578
<br />Total expenses 11,696,032 11,811,143 9,721,352 9,730,098 21,417,384 21,541,241
<br />Excess before transfers 4,002,252 3,980,262 372,151 (89,664) 4,374,403 3,890,598
<br />Transfers (1,137,269) 212,638 1,137,269 (212,638) - -
<br />Increase (decrease) in net position 2,864,983 4,192,900 1,509,420 (302,302) 4,374,403 3,890,598
<br />Net position - January 1 16,273,194 12,080,294 27,793,279 28,095,581 44,066,473 40,175,875
<br />Net position - December 31 $19,138,177 $16,273,194 $29,302,699 $27,793,279 $48,440,876 $44,066,473
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