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Governmental activities
<br />. Governmental activities denet position by $541,861. Key elements of this decrease are
<br />as follows:
<br />Net position
<br />Changes in
<br />
<br />Governmental ActivitiesBusiness-type Activities
<br />IncreaseIncrease
<br />20122011(Decrease)20122011(Decrease)
<br />Revenues
<br />Program revenues
<br />Charges for services$ 441,643$ -$ 785,561- $ 691,020$ 94,541
<br />Operating grants and contributions 76,108 305,362 (229,254) - 2,971 (2,971)
<br />Capital grants and contributions 176,630 835,568 (658,938) 156,356 96,421 59,935
<br />General revenues
<br />Taxes
<br />Property taxes/tax increments 1,734,546 1,675,130 59,416 - - -
<br />Property taxes, levied for debt service 528,257 520,278 7,979 - - -
<br />Other taxes 1,157 2,708 (1,551) - - -
<br />Grants and contributions
<br />not restricted to specific programs17,673 18,544 (871) - - -
<br />Unrestricted investment earnings 30,478 29,025 1,453 35,738 29,970 5,768
<br />Miscellaneous 420 380 40 - - -
<br />Total revenues 3,006,912 3,386,995 (380,083) 977,655 820,382 157,273
<br />Expenses
<br />General government 491,268 536,926 (45,658) - - -
<br />Public safety 1,011,265 1,024,690 (13,425) - - -
<br />Public works 1,272,361 443,229 829,132 - - -
<br />Culture and recreation 178,192 712,987 (534,795) - - -
<br />Economic development 2,400 15,074 (12,674) - - -
<br />Interest on long-term debt 310,937 42,859 268,078 - - -
<br />Water - - - 349,521 373,184 (23,663)
<br />Sewer - - - 433,792 438,610 (4,818)
<br />Storm Water - - - 89,282 85,167 4,115
<br />Total expenses 3,266,423 2,775,765 490,658 872,595 896,961 (24,366)
<br />Increase (decrease) in
<br />net position before transfers (259,511) 611,230 (870,741) 105,060 (76,579) 181,639
<br />Capital contributions to other funds(271,886) - (271,886) 271,886 - 271,886
<br />Transfers (10,464) 99,500 (109,964) 10,464 (99,500) 109,964
<br />Change in net position (541,861) 710,730 (1,252,591) 387,410 (176,079) 563,489
<br />Net position, January 1 10,916,207 10,205,477 710,730 10,581,305 10,757,384 (176,079)
<br />Net position, December 31$ 10,374,346$ 10,916,207$ (541,861)$ 10,968,715$ 10,581,305$ 387,410
<br />Capital and operating grants and contributions decreased due to grants received in the prior year for the irrigation project.
<br />
<br />Expenses increased $490,658 from the prior year, mostly due to public works expenditures which was due to an increase in
<br />depreciation expense of roughly $350,000 due to projects capitalized at the end of 2011 and increased expenses related to the
<br />salt brine system grant, some of which were reimbursed to the City from the other cities involved. The decrease in culture
<br />and recreation is due to the trail extension project being finished in 2012.
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