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2008 Annual Financial Report
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2008 Annual Financial Report
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6/22/2009 8:37:10 AM
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Management Discussion and Analysis -Continued <br />June 3, 2009 <br />Business-type activities. Business-type activities increased the City's net assets by $713,167, accounting for 100 percent of the <br />growth in the City's net assets. Key elements of this increase are as follows: <br />Expenses and Program Revenues -Business-type Activities <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 />Water Sewer Storm water Recycling <br />^ Program revenues Expenses <br />Revenues by Source -Business-type Activities <br />Charges for services <br />80.4% <br />,;,~~ - <br />.,< ~. __ <br />Investment earnings <br />12.6% <br />Capitalgrants and <br />contributions <br />7.0% <br />-VIII- <br />
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