2010 2011 2012 2013
<br />Net (expense) revenue
<br />Governmental activities (2,211,120)$ (2,202,796)$ (3,614,198)$ (3,807,283)$
<br />Business-type activities 562,042 1,120,350 649,542 1,006,059
<br />Total primary government (1,649,078)$ (1,082,446)$ (2,964,656)$ (2,801,224)$
<br />General revenues and other changes in
<br /> net position
<br />Governmental activities
<br />Taxes
<br />Property taxes 2,836,982$ 2,920,078$ 3,095,488$ 3,094,036$
<br />Tax increment collections 566,725 342,109 431,060 466,280
<br />Franchise taxes 85,131 90,123 94,532 96,820
<br />Unrestricted investment earnings 231,340 307,769 218,519 (168,071)
<br />Gain on sale of capital assets – 46,712 – –
<br />Transfers 143,000 143,000 143,000 230,765
<br />Total governmental activities 3,863,178 3,849,791 3,982,599 3,719,830
<br />Business-type activities
<br />Investment earnings 53,455 81,256 47,388 (24,361)
<br />Transfers (143,000) (143,000) (143,000) (230,765)
<br />Total business-type activities (89,545) (61,744) (95,612) (255,126)
<br />Total primary government 3,773,633$ 3,788,047$ 3,886,987$ 3,464,704$
<br />Change in net position
<br />Governmental activities 1,652,058$ 1,646,995$ 368,401$ (87,453)$
<br />Business-type activities 472,497 1,058,606 553,930 750,933
<br />Total primary government 2,124,555$ 2,705,601$ 922,331$ 663,480$
<br />Fiscal Year
<br />CITY OF ARDEN HILLS
<br />Changes in Net Position
<br />Last Ten Fiscal Years (continued)
<br />(Accrual Basis of Accounting)
<br />-69-
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