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CITY OF RAMSEY <br />Statement of Activities <br />Year Ended December 31, 2018 <br />Net (Expenses) <br />Program Revenues Revenue and Changes in Net Position <br />Operating Capital <br />Charges for Grants and Grants and Governmental Business -Type <br />Functions/Programs Expenses Services Contributions Contributions Activities Activities <br />Governmental activities <br />General government $ 5,078,516 $ 691,819 $ 92,134 $ 848,484 $ (3,446,079) $ <br />Public safety 5,167,897 1,168,258 275,965 8,974 (3,714,700) <br />Highways and streets 4,191,395 229,555 - 3,795,709 (166,131) <br />Culture and recreation 1,751,345 1,355,365 112,411 (283,569) <br />Interest and fiscal charges 883,292 - - (883,292) <br />Total governmental activities <br />Business -type activities <br />Water utility <br />Sewer utility <br />Street light utility <br />Recycling utility <br />Store water utility <br />Total business -type activities <br />Total <br />$ (3,446,079) <br />(3,714,700) <br />(166,131) <br />(283,569) <br />(883,292) <br />17,072,445 3,444,997 368,099 4,765,578 (8,493,771) (8,493,771) <br />1,590,737 3,484,687 - 343,020 2,236,970 2,236,970 <br />1,523,670 2,182,944 336 307,435 967,045 967,045 <br />160,952 211,360 - - 50,408 50,408 <br />380,055 317,090 71,921 - 8,956 8,956 <br />573,878 1,057,705 - 255,735 739,562 739,562 <br />4,229,292 7,253,786 72,257 906,190 4,002,941 4,002,941 <br />Total governmental and <br />business -type activities $21,301,737 $ 10,698,783 $ 440,356 $ 5,671,768 (8,493,771) 4,002,941 (4,490,830) <br />See notes to basic financial statements <br />General revenues <br />Property taxes 12,384,300 12,384,300 <br />General grants and contributions 102,994 - 102,994 <br />Investment earnings 578,770 650,053 1,228,823 <br />Gain on sale of capital assets 75,047 - 75,047 <br />Transfers 137,500 (137,500) <br />Total general revenues and transfers 13,278,611 512,553 13,791,164 <br />Change in net position 4,784,840 4,515,494 9,300,334 <br />Net position - beginning 75,368,400 92,162,136 167,530,536 <br />Net position - ending $ 80,153,240 $96,677,630 $176,830,870 <br />41 <br />