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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 />2014 2015 2016 2017
<br />Revenues:
<br />General property taxes $6,053,119 $5,897,070 $6,161,036 $6,633,308
<br />Tax increment collections 1,117,824 1,106,582 1,476,275 1,541,874
<br />Licenses, fees and permits 351,102 296,465 304,079 358,230
<br />Intergovernmental 1,464,479 1,644,481 2,283,016 1,925,460
<br />Special assessments 491,988 621,931 570,549 589,332
<br />Charges for services 1,787,611 1,879,520 1,701,246 1,732,288
<br />Cable franchise fees 109,009 108,104 113,672 115,079
<br />Fines and forfeits 126,584 130,823 93,529 76,057
<br />Investment income 189,216 145,447 252,830 233,668
<br />Contributions and donations 45,640 15,903 4,120 102,340
<br />Miscellaneous 104,113 172,913 11,637,694 407,269
<br /> Total revenues 11,840,685 12,019,239 24,598,046 13,714,905
<br />Expenditures:
<br /> Current:
<br /> General government 926,501 948,089 1,066,236 1,119,746
<br /> Public safety 4,357,563 4,352,048 5,164,270 5,346,521
<br /> Public works 1,001,378 1,043,791 1,051,747 1,034,427
<br /> Parks and recreation 463,057 446,684 409,979 406,748
<br /> Services to other cities - - - -
<br /> Nondepartmental 59,265 40,139 38,421 45,095
<br /> Housing and redevelopment 143,863 119,294 156,312 132,437
<br /> Capital outlay 386,652 398,844 431,511
<br /> Debt service:
<br /> Principal retirement 7,785,000 3,750,000 2,620,000 5,815,000
<br /> Interest 1,139,216 1,020,262 820,607 846,526
<br /> Paying agent fees 7,853 10,386 14,793 5,760
<br /> Professional service 17,104 16,971 16,339 6,677
<br /> Issuance costs 185,800 142,682 80,294 104,887
<br />Construction/acquisition costs 2,959,264 3,750,269 4,867,870 9,908,037
<br />Developer incentives 431,875 475,886 627,639 649,910
<br /> Total expenditures 19,902,361 16,503,153 17,333,351 25,853,282
<br />Revenues over (under) expenditures (8,061,676) (4,483,914) 7,264,695 (12,138,377)
<br />Other financing sources (uses):
<br /> Bonds issued 2,070,000 2,580,000 2,900,000 3,120,000
<br /> Refunding bonds issued 4,970,000 4,310,000 - 2,190,000
<br /> Redemption of refunded bonds - - - -
<br /> Payment to refunded bond escrow agent - (4,332,935) - -
<br /> Premium on debt issued 158,044 188,693 69,485 302,540
<br /> Sale of capital assets 13,390 25,860 15,186 28,244
<br /> Transfers in 1,908,166 2,069,259 4,003,953 312,760
<br /> Transfers out (1,514,667) (1,900,647) (959,368) -
<br />Total other financing
<br />sources(uses) 7,604,933 2,940,230 6,029,256 5,953,544
<br />Net change in fund balance ($456,743) ($1,543,684) $13,293,951 ($6,184,833)
<br />Debt service as a percentage of
<br />noncapital expenditures 54.2% 36.5% 25.7% 41.5%
<br />Debt service as percentage of total expenditures
<br />44.8% 28.9% 19.8% 25.8%
<br />Fiscal Year
<br />150
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