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Public Notice
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CITY OF EDINA,
MINNESOTA |
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Summary Financial Report |
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The purpose of this
report is to provide a summary of financial information |
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concerning the City of
Edina to interested citizens. The complete financial |
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statements may be
examined at City Hall, 4801 W. 50th Street. Questions |
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about this report should
be directed to John Wallin at (952) 826-0410. |
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Revenues and
Expenditures for General Operations |
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(Governmental Funds) |
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Percent |
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Total |
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Total |
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Increase |
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2007 |
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2006 |
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(Decrease) |
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REVENUES: |
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Property taxes |
$ 29,252,578
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$ 27,642,300
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5.83% |
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Special assessments |
1,750,444
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1,751,219
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-0.04% |
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Franchise fees |
570,871
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499,206
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14.36% |
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License and permits |
2,909,521
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3,488,897
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-16.61% |
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Intergovernmental |
3,699,006
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2,773,350
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33.38% |
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Charges for services |
2,748,709
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2,691,354
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2.13% |
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Fines and forfeitures |
971,486
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1,023,935
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-5.12% |
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Investment income |
1,581,702
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1,230,264
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28.57% |
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Miscellaneous |
581,573
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556,942
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4.42% |
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Total revenues |
$ 44,065,890
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$ 41,657,467
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5.78% |
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Per capita |
917
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867
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5.78% |
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EXPENDITURES: |
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Current: |
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General government |
$ 6,544,307
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$ 5,995,804
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9.15% |
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Public safety |
12,985,215
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12,431,114
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4.46% |
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Public works |
5,787,619
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5,233,907
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10.58% |
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Parks |
3,455,789
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3,300,375
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4.71% |
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Capital outlay |
11,991,122
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8,980,526
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33.52% |
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Debt service: |
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Bond principal |
6,190,000
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5,985,000
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3.43% |
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Interest and fiscal
charges |
1,677,770
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2,107,036
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-20.37% |
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Total expenditures |
$ 48,631,822
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$ 44,033,762
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10.44% |
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Per capita |
1,012
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916
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10.44% |
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Total long-term
indebtedness |
$ 49,215,000
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$ 43,670,000
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12.70% |
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Per capita |
1,024
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909
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12.70% |
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General fund and Special
Revenue |
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funds unreserved fund
balance - |
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December 31 |
$ 28,141,137
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$ 26,977,093
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4.31% |
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Per capita |
586
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561
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4.31% |
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CITY OF EDINA, MINNESOTA |
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Statement of Net Assets |
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Proprietary Funds |
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December 31, 2007 |
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