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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. The
<br /> City also issued debt in the prior year to finance a portion of the construction of a new public works facility,
<br /> which changed assets from current and other assets,to capital assets,net of depreciation.
<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 Total
<br /> 2021 2020 2021 2020 2021 2020
<br /> Revenues
<br /> Program revenues
<br /> Charges for services $ 3,022,077 $ 2,142,064 $ 6,723,121 $ 5,957,197 $ 9,745,198 $ 8,099,261
<br /> Operating grants and contributions 774,960 603,389 73,524 57,865 848,484 661,254
<br /> Capital grants and contributions 5,637,619 4,930,496 3,756,359 1,683,338 9,393,978 6,613,834
<br /> General revenues
<br /> Property taxes 14,761,012 13,744,948 - - 14,761,012 13,744,948
<br /> Franchise fees 2,071,476 423,045 - - 2,071,476 423,045
<br /> General grants and contributions 2,963 2,053,933 - - 2,963 2,053,933
<br /> Investment earnings(charges) (164,122) 1,035,274 (220,914) 1,391,802 (385,036) 2,427,076
<br /> Gain on sale of capital assets 22,325 2,372 - - 22,325 2,372
<br /> Total revenues 26,128,310 24,935,521 10,332,090 9,090,202 36,460,400 34,025,723
<br /> Expenses
<br /> General government 4,568,229 5,640,679 - - 4,568,229 5,640,679
<br /> Public safety 6,363,724 6,468,397 - - 6,363,724 6,468,397
<br /> Highways and streets 4,686,416 4,028,294 - - 4,686,416 4,028,294
<br /> Culture and recreation 1,834,153 1,917,228 - - 1,834,153 1,917,228
<br /> Economic development 2,140,267 481,858 - - 2,140,267 481,858
<br /> Interest and fiscal charges 883,504 839,444 - - 883,504 839,444
<br /> Water utility - - 1,772,358 1,657,356 1,772,358 1,657,356
<br /> Sewer utility - - 1,742,380 1,723,238 1,742,380 1,723,238
<br /> Street light utility - - 178,576 169,463 178,576 169,463
<br /> Recycling utility - - 507,067 366,764 507,067 366,764
<br /> Storm water utility - - 715,349 777,252 715,349 777,252
<br /> Total expenses 20,476,293 19,375,900 4,915,730 4,694,073 25,392,023 24,069,973
<br /> Changes in net position before transfers 5,652,017 5,559,621 5,416,360 4,396,129 11,068,377 9,955,750
<br /> Transfers 85,147 6229,699 (85,147) (6,229,699) - -
<br /> Changes in net position 5,737,164 11,789,320 5,331,213 (1,833,570) 11,068,377 9,955,750
<br /> Net position-beginning 94,213,435 82,424,115 100,735,434 102,569,004 194,948,869 184,993,119
<br /> Net position-ending $ 99,950,599 $ 94,213,435 $ 106,066,647 $ 100,735,434 $ 206,017 246 $ 194,948,869
<br /> Governmental Activities-Governmental activities account for a$5,737,164 increase in the City's net position.
<br /> Charges for services increased by$880,013 to reflect the increase in park dedication fees collected.
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