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2011 Annual Audit
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2011 Annual Audit
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4/9/2012 10:24:52 AM
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12/26/2012 7:25:10 AM
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Business-type activities <br />. Business-type activities decreased the City’s net assets by $176,079, therefore accounting for 31.5 percent <br />of the total decrease in net assets. Key elements of this decrease are as follows: <br />Expenses and Program Revenues - Business-type Activities <br /> $500,000 <br /> $450,000 <br /> $400,000 <br /> $350,000 <br /> $300,000 <br /> $250,000 <br /> $200,000 <br /> $150,000 <br /> $100,000 <br /> $50,000 <br /> $- <br />WaterSewerStorm water <br />Program revenuesExpenses <br />Revenues by Source - Business-type Activities <br />Investment <br />Capital grants <br />earnings <br />and <br />3.7% <br />contributions <br />11.8% <br />Charges for <br />services <br />84.5% <br />A further breakdown of expenses is shown below: <br />Governmental ActivitiesBusiness-type Activities <br />IncreaseIncrease <br />20112010(Decrease)20112010(Decrease) <br />Personnel costs$ 670,891$715,586$ (44,695)$ 238,177$199,081$ 39,096 <br />Supplies 57,970 47,085 10,885 18,375 23,039 (4,664) <br />Other charges for services1,266,055 1,273,267 (7,212) 640,409 668,022 (27,613) <br />Capital outlay 396,920607,114 (210,194) - - - <br />Total$ 2,391,836$2,643,052$ (251,216)$ 896,961$890,142$ 6,819 <br />óîïó <br /> <br />
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