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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-