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<br />City of Ramsey
<br />Changes in Net Assets (Continued)
<br />Last Six Fiscal Years
<br />(accrual basis of accounting)
<br />
<br /> Fiscal Year
<br /> 2004 2005 2006
<br />General Revenues and Other Changes in Net Assets
<br />Governmental activities:
<br />Property taxes $ 7,954,549 $ 8,807,253 $ 10,409,249
<br />General grants and contributions 506,401 250,483 48,331
<br />Investment earnings 576,300 1,139,598 1,686,095
<br />Sale of capital assets 15,237 26,585
<br />Transfers 47,000 (162,092) (263,123 )
<br />Total governmental activities 9,084,250 10,050,479 11,907,137
<br />Business-type activities:
<br />Investment earnings 263,042 388,682 812,753
<br />Transfers (47,000) 162,092 263,123
<br />Total business-type activities 216,042 550,774 1,075,876
<br />Total government $ 9,300,292 $ 10,601,253 $ 12,983,013
<br />Change in Net Assets
<br />Governmental activities $ 9,084,250 $ 10,050,479 $ 11,907,137
<br />Business-type activities 216,042 550,774 1,075,876
<br />Total government $ 9,300,292 $ 10,601,253 $ 12,983,013
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<br />Note: The City implemented GASB Statement No. 34 in fiscal year 2004. This information is not
<br />available for previous fiscal years.
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