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CITY OF GEM .LAKE 1 <br />Statement of:Activities <br />Year Ended .December 31, 2024 <br />.Program :Revenues <br />Operating <br />Capital <br />Charges for Grants and <br />Grants and <br />Functions -Programs <br />Expletises <br />Services Contributions <br />Contributions <br />Governmental activities <br />General government <br />S. 249,527 <br />'S 6.7.807 S 18,85..2 <br />S 480 <br />Public safety <br />207:710 <br />— 1,076 <br />— <br />Public works <br />114.598 <br />36;823 — <br />26;508 <br />Conservation and development <br />89,298. <br />- — <br />-- <br />.Interest. and esca oarges . <br />24,871 <br />— — <br />— <br />Total governmental activities <br />686,004 <br />104,030 19,928 <br />L0;988 <br />Business-typeactivities <br />Water <br />36,464 <br />24,1`62 -- <br />- <br />Sewer <br />910;0 <br />80,251 — <br />— <br />Total Business-type`acf iifies <br />.129,494 <br />_ <br />104;357 <br />— <br />Total <br />S. 815,498 <br />$ 208.987 S 19,928. <br />$ 20;988 <br />General revenues. <br />Property takes <br />General: purposes <br />Debt service. <br />Franchise fees <br />Giants and:eontributimis not restricted <br />Investment earnings <br />Other <br />Total general revenues <br />Change in net.position <br />Net position — beginning of year; as <br />previo.us,ly. reported <br />Error correction <br />Net .position — beginning of year, as restated <br />Net. position — end of year <br />See notes to basic financial. statements <br />-6- <br />