2019 SUMMARY BUDGET

CITY OF APPLE VALLEY
SUMMARY BUDGET STATEMENT

The purpose of this statement is to provide summary 2019 budget information for the City of Apple Valley to interested citizens. The budget is published in accordance with Minnesota
Statute 471.6965. The complete City budget may be examined at the Apple Valley City Hall, 7100 147th St. West or on the City’s website at www.ci.apple-valley.mn.us. The budget was
approved by the City Council on December 13, 2018. Revenues and Expenditures for General Operations
Governmental Funds
2018
2019
Budget
Budget
Revenues
Property Taxes
Other Taxes & Franchise Fees
Special Assessments
Licenses and Permits
Intergovernmental
Charges for services
Fines and Forfeitures
Interest earnings
Miscellaneous
Transfers, Admin fees
Total revenue
Expenditures
General Government
Public Safety
Streets and highways
Park and Recreation
Misc. & Unallocated
Capital Outlay – Streets & Roads
Capital Outlay – Equipment
Transfers
Total expenditures
Revenues over (under)
Expenditures

Water &
Sewer
Sales
Cost of Sales
Gross Profit
Operating Revenues
Operating Expenses:
Personal Services
Contractual Services
Supplies
Utilities
Other Expense
Depreciation
Total Operating Expense
Operating Income (loss)
Non-operating Revenues (Expenses):
Investment Income
Property Tax
Debt Service Interest Expense
Total Non-operating Revenue (Exp.)
Income (loss) before Transfers
Net Transfers in (out)
Net Increase (decrease) in Net Assets

Liquor

$ 9,782,000
(6,945,220
2,836,780
$ 10,752,000
-

Valleywood
Golf

24,273,125

$

$

24,871,055

839,900

841,600

139,000
1,504,710
4,055,755
2,490,480
279,500
396,835

389,000
1,651,660
6,181,693
2,510,100
279,500
379,432

1,010,130

1,082,675

9,741,165
44,730,600

10,433,892
48,620,607

5,414,715
11,503,660

5,389,449
11,821,618

5,559,175

5,783,778

5,674,005
418,995
10,014,310
2,551,980
5,714,165
46,851,005

5,860,915
489,570
13,205,245
2,517,685
4,154,576
49,222,836

(2,120,405)

$

(602,229)

2019 ENTERPRISE FUND BUDGETS
Storm
Street Light
Sports
Drainage
Utility
Arena

Cemetery
Fund

Total
2019 Budget

Total
2018 Budget
$ 9,337,000
(6,685,290)
2,651,710
14,771,085

$1,133,000

$2,081,000

$ 515,000

$792,800

$172,500

$ 9,782,000
(6,945,200)
2,836,780
15,446,300

1,905,715
4,806,165
298,335
423,800
52,000
3,020,000
10,506,015
245,985

1,145,835
353,490
21,100
53,625
149,700
140,600
1,864,350
972,430

724,560
164,290
190,500
54,500
20,000
177,500
1,331,350
(198,350)

277,250
734,630
46,420
64,800
1,000,000
2,123,100
(42,100)

6,000
73,299
14,635
464,100
558,034
(43,034)

415,390
115,735
48,250
146,500
500
152,100
878,475
(85,675)

3,325
69,839
16,865
2,410
19,475
111,914
60,586

4,478,075
6,317,448
636,105
1,209,735
222,200
4,509,675
17,373,238
909,842

4,500,830
6,100,350
847,575
1,114,770
204,700
3,826,175
16,594,400
828,395

200,000
(195,125)
4,875
250,860
(704,000)
$ (453,140)

33,000
33,000
1,005,430
(660,000)
$ 345,430

(9,775)
(9,775)
(208,125)
$ ( 208,125)

38,000
(42,650)
(4,650)
(46,750)
$ (46,750)

1,000
1,000
(42,034)
$(42,034)

121,000
121,000
35,325
$ 35,325

8,240
8,240
68,826
$ 68,826

280,240
121,000
(247,550)
153,690
1,063,532
(1,364,000)
$ (300,468)

275,000
121,000
(272,355)
123,645
952,040
(1,317,600)
$ (365,560)

Published in the
Sun Thisweek
January 18, 2019
898953