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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 />Govenunental Business -Type
<br />Activities Activities
<br />Total
<br />2018 2017 2018 2017 2018 2017
<br />Revenues
<br />Program revenues
<br />Charges for services $ 3,444,997 $ 2,269,658 $ 7,253,786 $ 6,030,607 $ 10,698,783 $ 8,300,265
<br />Operating giants and contributions 368,099 379,185 72,257 92,602 440,356 471,787
<br />Capital giants and contributions 4,765,578 5,026,857 906,190 1,864,137 5,671,768 6,890,994
<br />General revenues
<br />Property taxes 12,384,300 11,136,810 - - 12,384,300 11,136,810
<br />General giants and contributions 102,994 3,586 - 102,994 3,586
<br />Investment eanungs 578,770 454,089 650,053 492,594 1,228,823 946,683
<br />Gain on sale of capital assets 75,047 5,530 75,047 5,530
<br />Total revenues 21,719,785 19,275,715 8,882,286 8,479,940 30,602,071 27,755,655
<br />Expenses
<br />General government
<br />Public safety
<br />Highways and streets
<br />Cultae and recreation
<br />Interest and fiscal charges
<br />Water utility
<br />Sewer utility
<br />Street light utility
<br />Recyclmg utility
<br />Storm water utility
<br />Total expenses
<br />Changes in net position before transfers
<br />Transfers
<br />5,078,516 4,992,809
<br />5,167,897 5,782,563
<br />4,191,395 4,254,234
<br />1,751,345 2,384,845
<br />883,292 952,965
<br />17,072,445 18,367,416
<br />- - 5,078,516 4,992,809
<br />5,167,897 5,782,563
<br />4,191,395 4,254,234
<br />1,751,345 2,384,845
<br />883,292 952,965
<br />1,590,737 1,396,021 1,590,737 1,396,021
<br />1,523,670 1,535,664 1,523,670 1,535,664
<br />160,952 159,378 160,952 159,378
<br />380,055 373,775 380,055 373,775
<br />573,878 633,101 573,878 633,101
<br />4,229,292 4,097,939
<br />21,301,737 22,465 355
<br />4,647,340 908,299 4,652,994 4,382,001 9,300,334 5,290,300
<br />137,500 133,000 1137,500) 1133,000)
<br />Changes innet positron 4,784,840 1,041,299 4,515,494 4,249,001 9,300,334 5,290,300
<br />Net position - beginning 75,368,400 74,327,101 92,162,136 87,913,135 167,530,536 162,240,236
<br />Net position - ending $ 80,153,240 $ 75,368,400 $ 96,677,630 $ 92,162,136 $ 176,830,870 $ 167,530,536
<br />Governmental Activities - Governmental activities account for a $4,784,840 increase in the City's net position.
<br />Charges for services increased by $1,175,339 to reflect the building growth occurring in the City. Capital grants
<br />and contributions decreased by $261,279 due to the deferred special assessment attributed to the former Legacy
<br />School project being recorded in 2017. The public safety function experienced a $614,666 decrease due to the
<br />reduction in PERA expense. Culture and recreation decreased $633,500 due a decrease in park improvements.
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