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<br />
<br />City of St. Anthony, Minnesota’s Net Position
<br />
<br />Governmental Activities Business-Type Activities Totals
<br />2022 2021 2022 2021 2022 2021
<br />
<br />Current and other assets $26,047,257 $23,891,135 $5,725,835 $5,379,427 $31,773,092 $29,270,562
<br />Capital assets 33,424,119 33,854,615 25,139,457 25,013,354 58,563,576 58,867,969
<br />Total assets $59,471,376 $57,745,750 $30,865,292 $30,392,781 $90,336,668 $88,138,531
<br />Total deferred outflows of resources $8,535,806 $4,479,130 $0 $0 $8,535,806 $4,479,130
<br />Long term liabilities outstanding $42,011,324 $32,992,744 $480,976 $625,283 $42,492,300 $33,618,027
<br />Other liabilities 3,704,030 3,319,733 412,879 464,799 4,116,909 3,784,532
<br />Total liabilities $45,715,354 $36,312,477 $893,855 $1,090,082 $46,609,209 $37,402,559
<br />Total deferred inflows of resources $2,253,316 $6,774,226 $0 $0 $2,253,316 $6,774,226
<br />Net position:
<br /> Invested in capital assets net of related debt $10,898,178 $10,068,970 $24,834,573 $24,563,962 $35,732,751 $34,632,932
<br /> Restricted 6,103,190 6,655,391 - - 6,103,190 6,655,391
<br /> Unrestricted 3,037,144 2,413,816 5,136,864 4,738,737 8,174,008 7,152,553
<br />Total net position $20,038,512 $19,138,177 $29,971,437 $29,302,699 $50,009,949 $48,440,876
<br />
<br />The City’s net position increased by $1,569,073 in 2022. 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 />2022 2021 2022 2021 2022 2021
<br />Revenues:
<br />Program revenue:
<br />Charges for services $1,981,023 $3,041,161 $9,961,909 $10,098,794 $11,942,932 $13,139,955
<br />Operating grants and contributions 610,856 741,397 - - 610,856 741,397
<br />Capital grants and contributions 633,832 624,283 - - 633,832 624,283
<br />General revenue:
<br />Property taxes 8,462,357 8,083,595 - - 8,462,357 8,083,595
<br />Tax increment taxes 2,272,455 2,470,757 - - 2,272,455 2,470,757
<br />Grants and contributions
<br />not restricted to specific programs 1,002,881 640,386 - - 1,002,881 640,386
<br />Other (240,336) 96,705 (84,471) (5,291) (324,807) 91,414
<br />Total revenues 14,723,068 15,698,284 9,877,438 10,093,503 24,600,506 25,791,787
<br />Expenses:
<br />General government 1,380,846 1,349,129 - - 1,380,846 1,349,129
<br />Public safety 5,853,162 4,840,277 - - 5,853,162 4,840,277
<br />Public works 3,135,972 2,947,640 - - 3,135,972 2,947,640
<br />Parks and recreation 546,537 646,257 - - 546,537 646,257
<br />Housing and redevelopment 1,412,758 1,217,386 - - 1,412,758 1,217,386
<br />Nondepartmental 45,609 - 45,609
<br />Interest on long-term debt 697,886 695,343 - - 697,886 695,343
<br />Liquor - - 6,601,179 6,765,260 6,601,179 6,765,260
<br />Water - - 1,632,017 1,377,483 1,632,017 1,377,483
<br />Sewer - - 1,305,957 1,240,813 1,305,957 1,240,813
<br />Stormwater - - 419,510 337,796 419,510 337,796
<br />Total expenses 13,072,770 11,696,032 9,958,663 9,721,352 23,031,433 21,417,384
<br />Excess before transfers 1,650,298 4,002,252 (81,225) 372,151 1,569,073 4,374,403
<br />Transfers (749,963) (1,137,269) 749,963 1,137,269 - -
<br />Increase (decrease) in net position 900,335 2,864,983 668,738 1,509,420 1,569,073 4,374,403
<br />Net position - January 1 19,138,177 16,273,194 29,302,699 27,793,279 48,440,876 44,066,473
<br />Net position - December 31 $20,038,512 $19,138,177 $29,971,437 $29,302,699 $50,009,949 $48,440,876
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