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CITY OF CENTERVILLE, MINNESOTA <br />STATEMENT OF ACTIVITIES <br />FOR THE YEAR ENDED DECEMBER 31, 2008 <br /> Program Revenues <br /> Operating Capital Grants <br /> Charges for Grants and and <br />Functions/Programs Expenses Services Contributions Contributions <br />Governmental activities <br />General government $ 555,884 $ 23,269 $ 75 $ - <br />Public safety 1,099,305 420,267 67,064 - <br />Public works 726,087 25,404 50 489,380 <br />Culture and recreation 192,083 19,192 - 24,708 <br />Economic development 15,701 22 200,158 - <br />Interest on long-term debt 318,686 - - - <br />Total governmental activities 2,907,746 488,154 267,347 514,088 <br />Business-type activities <br />Water 337,928 268,403 - 33,463 <br />Se~.~~er 388,502 31.2,403 - 18,893 <br />Storm water 47,317 30,478 - - <br />Recycling - - - 1,214 <br />Total business-type activities 773,747 611,284 - 53,570 <br />Total $ 3,681,493 $ 1,099,438 $ 267,347 $ 567,658 <br /> General revenues <br /> Taxes <br /> Property taxes, levied for general purposes <br /> Grants and contributions not restricted to specific programs <br /> Unrestricted investment earnings <br /> Miscellaneous <br /> Capital contributions to/from other funds <br /> Total general revenues and capital contributions from other fun ds <br /> Change in net assets <br /> Net assets, January 1 <br /> Net assets, December 31 <br />The notes to the financial statements are an integral part of this statement. <br />-5- <br />