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CITY OF ROSEVILLE, MINNESOTA <br />RECONCILIATION OF THE STATEMENT OF REVENUES, <br />EXPENDITURES, AND CHANGES IN FUND BALANCE OF <br />GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES <br />For the Year Ended December 31, 2010 <br />Amounts reported for governmental activities in the statement of activities <br />are different because: <br />Net change in fund balances - -total governmental funds $ (4,277,077) <br />Governmental funds report capital outlays as expenditures. However, in <br />the statement of activities the cost of those assets is allocated over their <br />estimated useful lives and reported as depreciation expense. This amount <br />represents the difference between capital outlays and depreciation in the current period. 1,026,865 <br />Transfer of capital assets from proprietary funds 5907 <br />Net book value on sales of capital assets (34,000) <br />Payments on general obligation debt <br />1,24500 <br />Net change due to internal service funds incorporated into statement of activities <br />210,768 <br />Net change in net pension obligation fire relief <br />(1,430) <br />Net change in net pension obligation OPEB <br />(106,674) <br />Changes in compensated absences <br />(52,051) <br />Changes in bond interest payable <br />18,111 <br />Special assessments, property tax and tax increment collected for prior years <br />(476,510) <br />Change in net assets of governmental activities $ (2,3 87,991) <br />The notes to the financial statements are an integral part of this statement. <br />32 <br />