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Revenues <br />Property taxes <br />Franchise fees <br />Special assessments <br />Licenses and permits <br />Intergovernmental revenue <br />Charges for services <br />Contributions <br />Fines and forfeits <br />Investment earnings (charges) <br />Other <br />Total Revenues <br />Expenditures <br />General government <br />Public safety <br />Highways and streets <br />Culture and recreation <br />Economic development <br />Capital outlay <br />Debt service <br />Principal <br />Interest <br />Total Expenditures <br />Excess (deficiency) of revenues <br />over expenditures <br />Other financing sources (uses) <br />Debt issued <br />Refunding debt issued <br />Payments on refunded debt <br />Premium on debt issues <br />Proceeds on sale of capital assets <br />Transfers in <br />Transfers (out) <br />Total other financing sources (uses) <br />2016 <br />2017 <br />$ 10,684,896 $ 11,150,611 <br />444,235 959,217 <br />526,008 732,129 <br />1,795,988 2,213,034 <br />1,298,085 1,469,703 <br />66,410 59,701 <br />276,142 447,200 <br />773,836 707,675 <br />City of Ramsey <br />Changes in Fund Balances of Governmental Funds <br />Last Ten Fiscal Years <br />(modified accrual basis of accounting) <br />2018 <br />Fiscal Year <br />2019 2020 <br />2021 2022 2023 2024 2025 <br />$ 12,416,534 $ 12,872,234 $ 13,682,348 $ 14,846,572 $ 17,632,758 $ 19,751,514 $ 23,350,614 $ 23,677,388 <br />423,045 2,071,476 4,859 <br />559,599 1,025,527 484,810 766,131 104,223 562,227 105,484 81,689 <br />1,031,944 901,222 850,504 917,645 843,010 1,058,097 1,610,437 1,446,884 <br />2,947,966 1,518,639 5,793,188 1,610,478 6,223,407 5,526,102 3,455,486 3,664,694 <br />2,355,969 1,892,517 1,246,378 2,038,120 1,852,610 1,301,177 1,508,990 1,481,591 <br />- - 779,800 2,481,859 781,064 <br />46,651 49,479 34,735 51,153 45,717 39,681 8,603 53,017 <br />570,243 1,104,969 1,020,655 (161,690) (282,114) 2,542,431 2,509,879 2,065,296 <br />765,601 1,036,319 842,747 1,064,495 1,490,779 813,340 1,363,671 802,213 <br />15,865,600 17,739,270 20,694,507 20,400,906 24,378,410 23,204,380 27,915,249 32,374,369 36,395,023 34,053,836 <br />3,537,925 <br />4,234,482 <br />2,199,615 <br />1,478,090 <br />2,756,193 <br />4,031,933 4,212,365 <br />4,727,493 4,788,902 <br />2,542,463 2,390,707 <br />1,960,624 1,291,816 <br />1,922,947 3,568,285 <br />4,358,408 4,849,293 3,941,404 4,047,511 4,455,734 4,881,806 5,479,491 <br />5,360,402 5,967,770 6,415,511 6,829,377 7,412,982 8,160,476 8,865,263 <br />2,528,216 2,068,827 2,164,326 2,497,987 5,552,834 4,054,306 4,787,571 <br />1,281,153 1,476,727 1,417,251 1,467,113 1,679,826 1,883,848 2,044,948 <br />481,858 2,140,267 1,096,422 1,705,446 1,488,674 1,342,690 <br />1,505,922 7,406,231 16,026,400 6,857,075 13,278,567 15,862,434 9,174,063 <br />1,735,000 2,085,000 2,100,000 2,280,000 4,045,000 1,930,000 1,915,000 2,495,000 2,940,000 2,980,000 <br />965,474 967,281 923,125 854,188 873,623 851,152 640,244 1,249,179 1,685,140 1,327,526 <br />16,906,779 18,237,741 19,275,200 18,168,289 27,169,329 34,886,311 25,350,729 37,829,568 40,956,684 36,001,552 <br />(1,041,179) (498,471) 1,419,307 2,232,617 (2,790,919) (11,681,931) 2,564,520 (5,455,199) (4,561,661) (1,947,716) <br />1,650,000 895,000 1,175,000 <br />69,482 5,590 35,246 <br />- 5,530 75,047 <br />2,183,931 1,536,025 1,447,137 <br />(1,418,350) (1,403,025) (1,287,049) <br />2,485,063 1,039,120 1,445,381 <br />Net change in fund balances $ 1,443,884 $ 540,649 $ 2,864,688 $ <br />Debt service as a percentage of <br />noncapital expenditures <br />19.08% 18.71% 19.25% <br />8,428 <br />1,714,327 <br />(2,220,821) <br />- 9,055,000 - 10,765,000 8,315,000 - <br />- 9,845,000 - - - <br />- (10,510,000) - - <br />4,068 809,201 1,240,343 314,131 - <br />2,372 46,443 46,443 20,000 94,090 <br />11,238,331 2,049,840 2,049,840 2,028,162 6,680,170 <br />(5,008,632) (1,628,914) (1,628,914) (1,953,738) (7,374,638) <br />55,075 <br />5,645,763 <br />(5,610,751) <br />(498,066) 15,291,139 611,570 12,472,712 8,723,555 (600,378) 90,087 <br />1,734,551 $ 12,500,220 $ (11,070,361) $ 15,037,232 $ 3,268,356 $ (5,162,039) $ (1,857,629) <br />18.81% 24.89% 14.75% 13.82% 15.25% <br />18.43% 16.06% <br />144 <br />