|
CITY OF ARDEN HILLS
<br />Changes in Net Position
<br />Last Ten Fiscal Years (continued)
<br />(Accrual Basis of Accounting)
<br />Fiscal Year
<br />2014 2015 2016 2017
<br />Net (expense) revenue
<br />Governmental activities $ (1,912,101) $ (404,885) $ (3,400,424) $ (4,188,941)
<br />Business -type activities 918,978 870,486 1,230,351 365,417
<br />Total primary government
<br />$
<br />(993,123)
<br />$
<br />465,601
<br />$
<br />(2,170,073)
<br />$
<br />(3,823,524)
<br />General revenues and other changes in
<br />net position
<br />Governmental activities
<br />General property taxes
<br />$
<br />3,182,331
<br />$
<br />3,191,426
<br />$
<br />3,278,287
<br />$
<br />3,526,347
<br />Tax increments
<br />565,422
<br />697,898
<br />242,544
<br />295,788
<br />Franchise taxes
<br />103,711
<br />72,837
<br />132,548
<br />109,070
<br />Unrestricted grants and contributions
<br />—
<br />—
<br />—
<br />—
<br />Earnings on investments (charges)
<br />450,261
<br />245,540
<br />155,191
<br />139,347
<br />Gain on sale of capital assets
<br />—
<br />—
<br />—
<br />—
<br />Transfers
<br />230,765
<br />230,765
<br />230,765
<br />230,765
<br />Total governmental activities
<br />4,532,490
<br />4,438,466
<br />4,039,335
<br />4,301,317
<br />Business -type activities
<br />Earnings on investments (charges)
<br />54,360
<br />35,857
<br />17,835
<br />32,754
<br />Transfers
<br />(230,765)
<br />(230,765)
<br />(230,765)
<br />(230,765)
<br />Total business -type activities
<br />(176,405)
<br />(194,908)
<br />(212,930)
<br />(198,011)
<br />Total primary government
<br />$
<br />4,356,085
<br />$
<br />4,243,558
<br />$
<br />3,826,405
<br />$
<br />4,103,306
<br />Change in net position
<br />Governmental activities
<br />$
<br />2,620,389
<br />$
<br />4,033,581
<br />$
<br />638,911
<br />$
<br />112,376
<br />Business -type activities
<br />742,573
<br />675,578
<br />1,017,421
<br />167,406
<br />Total primary government
<br />$
<br />3,362,962
<br />$
<br />4,709,159
<br />$
<br />1,656,332
<br />$
<br />279,782
<br />-74-
<br />
|