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CITY OF ROSEVILLE, MINNESOTA <br />MANAGEMENT'S DISCUSSION AND ANALYSIS <br />For Year Ended December 31, 2016 <br />FINANCIAL ANALYSIS OF THE GOVERNMENT AS A WHOLE <br />Governmental Activities <br />The decrease in net position resulted primarily from the one-time return of $2.8 million of surplus monies <br />previously held in the City's Economic Increments Fund. In accordance with State Statute, these monies <br />were returned when the City decertified one of its larger tax increment financing districts. This also <br />resulted in a significant increase in the economic development expenses as compared to 2015. <br />Below are specific graphs which provide comparisons of the governmental activities revenues and <br />expenses for the last fiscal year. <br />Governmental ActiviNes - <br />Program Revenues and Expenses <br />S� �,� �,`' .tiai� �t� � ` <br />C�° c��a� �10 ��ro� o49 ,�9 <br />ti`� �tio o e�o e,� Stio <br />�p� ro b� 4- ¢,� e, <br />�e� � �Y � �t <br />� <br />o�� � <br />{,.G <br />V <br />iiiiiiiiii program Revenues iiiiiiiiii program Expenses <br />Other Tar,e: <br />�% <br />Governmental Activities - <br />Revenue Sources <br />(lneratina C'rr�rit5 <br />Business-type Activities <br />20 <br />Grants <br />% <br />Interest <br />0% <br />er <br />� <br />