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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, 2005 <br />AmoLInts reported for governmental activities in the statement of activities <br />are different because: <br />Net change in fund balances- -total governmental funds 1,849,322 <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. (947,899) <br />The net effect of various miseellaneoLIs transactions involving capital assets <br />including disposals , which decrease net assets. (265,956) <br />Payments on general obligation debt 1,055,000 <br />Payments on notes payable 15,838 <br />Net change due to internal service funds incorporated into statement of activities (I 19,957) <br />Net change due to the fire relief pension obligation 17,345 <br />Changes in compensated absences (5,614) <br />Changes in bond interest payable (26,918) <br />Special assessments, property tax and tax increment collected. for prior years (435,706) <br />Change in net assets of governmental activities S l ,135,45 <br />The notes to the financial statements are an integral part of this statement. <br />32 <br />