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Governmental Activities — The following graphs illustrate the City's governmental activities: <br />$12,000,000 <br />$10,000,000 <br />$8,000,000 --- <br />$6,000,000 <br />$4,000,000 <br />$2,000,000 <br />$— <br />Property Taxes <br />42% <br />General Grants and <br />Contributions <br />0% <br />Expenses and Program Revenues — Governmental Activities <br />General Public Safety Highways and Culture and Interest and <br />Government Streets Recreation Fiscal Charges <br />• Expenses 0 Revenues <br />The graphs show the governmental activities and their income clearly reflect the need for property taxes <br />to supplement the activities of the City. The trend of property taxes shows an increasing reliance on this <br />source as the state has withdrawn their support that was previously received as local government aid. <br />Highways and streets along with culture and recreation realized program revenues in excess of the <br />amount expensed. In highways and streets, this was due to the contributions of infrastructure assets from <br />developers increasing capital assets that are recognized as revenue in the year received. Subsequently <br />these capital assets are depreciated over the asset's useful life. In culture and recreation, contributions <br />were received in accordance with developer agreements that will be utilized in future periods. <br />Revenue by Source — Governmental Activities <br />Other <br />6% <br />Charges for <br />Services <br />11% <br />- <br />Operating Grants <br />and Contributions <br />8% <br />Capital Grants and <br />Contributions <br />33% <br />