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The reduction in net assets of $2 million resulted primarily from the one -time return of <br />surplus monies previously held in the City's Economic Increments Fund. In accordance <br />with State Statute, these monies were returned when the City decertified one of its larger <br />tax increment financing districts. This also resulted in a significant increase in total <br />expenses for 2010. <br />Below are specific graphs which provide comparisons of the governmental activities <br />revenues and expenses for the last fiscal year. <br />Expenses and Program Revenues - Governmental Activities <br />12 <br />10 <br />� 8 <br />❑ <br />6 <br />Expense s <br />4 MProg ram Revenues <br />2 <br />0 <br />General Public Safety Public Recreation Economic Interest on <br />Govt. Works Develop. Long Term <br />Debt <br />Revenue Sources - Governmental Activities <br />❑ Pr op erty <br />52% <br />Capital grants ❑Ot her <br />11% 0% <br />18 <br />gating <br />rants <br />3% <br />] Other taxes <br />8% <br />❑ In terest <br />4% <br />•ges for <br />vices <br />22% <br />