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GOVERNMENT -WIDE FINANCIAL ANALYSIS (CONTINUED)
<br />At the end of the current fiscal year, the City is able to report positive balances in all three categories of net
<br />position, both for the government as a whole, as well as for its separate governmental and business -type
<br />activities.
<br />Changes in the City's proportionate share of state-wide pension obligations contributed to the differences in
<br />amounts presented as deferred outflows, noncurrent liabilities, and deferred inflows in the previous table.
<br />The following is a summary of the City's changes in net position:
<br />Changes in Net Position
<br />Governmental Business -Type
<br />Activities Activities
<br />Total
<br />2019 2018 2019 2018 2019 2018
<br />Revenues
<br />Program revenues
<br />Charges for services $ 2,878,991 $ 3,444,997 $ 5,515,884 $ 7,253,786 $ 8,394,875 $ 10,698,783
<br />Operating grants and contributions 461,826 368,099 67,961 72,257 529,787 440,356
<br />Capital grants and contributions 3,434,344 4,765,578 2,596,210 906,190 6,03(1,554 5,671,768
<br />General revenues
<br />Property taxes 12,894.388 12.384,300 12.894,388 12,384,300
<br />General grants and contributions 5,617 102,994 5,617 102,994
<br />Investment earnings 1,122,573 578.770 1,462,125 650,053 2,584,698 1.228,823
<br />Gain on sale of capital assets 8,428 75,047 8,428 75,047
<br />Total revenues 20,806,167 21,719,785 9,642,180 8,882,286 30,448,347 30,602,071
<br />Expenses
<br />General government 5,139,352 5,078,516 5,139,352 5.078,516
<br />Public safety 5,844,265 5,167,897 5,844,265 5,167,897
<br />Highways and streets 4,442,720 4,191,395 4,442,720 4,191,395
<br />Culture and recreation 1,756,810 1,751,345 1,756,810 1,751,345
<br />Interest and fiscal charges 845,651 883,292 845,651 883,292
<br />Water utility 1,483,584 1,590,737 1,483,584 1,590,737
<br />Sewer utility 1,631,260 1,523,670 1,631,260 1,523,670
<br />Street light utility 171,619 160,952 171,619 160,952
<br />Recycling utility 380,192 380,055 380,192 380,055
<br />Storm water utility 590,645 573,878 590,645 573,878
<br />Total expenses 18,028,798 17.072,445 4,257,300 4,229,292 22,286,098 21,301,737
<br />Changes in net position before transfers
<br />Transfers
<br />2,777,369 4,647,340
<br />5,384,880 4,652,994
<br />(506,494) 137,500 506,494 (137,500)
<br />8,162,249 9,300,334
<br />Changes in net position 2,270,875 4,784,840 5,891,374 4,515,494 8,162,249 9,300,334
<br />Netposition- beginning 80,153,240 75,368,400 96,677,630 92,162,136 176,830,870 167,530,536
<br />Netposition - ending $ 82,424,115 $ 80,153,240 $ 102,569,004 S 96,677,630 0 184,993,119 S 176,830,870
<br />Governmental Activities - Governmental activities account for a $2,270,875 increase in the City's net position.
<br />Charges for services decreased by $566,006 to reflect the decrease in park dedication fees collected. Capital
<br />grants and contributions decreased by $1,331,234 due to the City being reimbursed for two major road projects
<br />- Puma and Riverdale Avenue in 2018.
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