Laserfiche WebLink
City of Roseville, Minnesota <br />RECONCILIATION OF THE STATEMENT OF REVENUES, <br />EXPENDITURES AND CHANGES <br />IN FUND BALANCES OF GOVERNMENTAL FUNDS <br />TO THE STATEMENT OF ACTIVITIES <br />For the Fiscal Year Ended December 31, 2016 <br />Net Change in Fund Balances - Total Governmental Funds <br />Amounts reported for governmental activities in the Statement of Activities <br />are different because: <br />Governmental funds report capital outlay as expenditures. However, in <br />the Statement of Net Position, the cost of these assets is capitalized and <br />depreciated over their estimatetl useful lives with depreciation expense <br />reported in the Statement of Activities. <br />Net effect of sales, trade-ins and retirements of capital assets <br />Payments on general obligation debt <br />Premium on general obligation bonds amortized <br />Net change due to internal service funds incorporated into statement of activities <br />Net change in net pension obligation - City <br />Net change in net pension obligation - Fire Relief <br />Net change in net pension obligation - OPEB <br />Change in compensatetl absences <br />Change in bond interest payable <br />Adjustment for modified accrual revenue recognition related to Special <br />assessments, delinquent property tax and delinquent tax increment <br />Change in Net Position of Governmental Activities <br />The notes to the financial statements are an integral part of this statement. <br />34 <br />Statement 5 <br />(Page 1 of 1) <br />$ (5,379,976) <br />803,360 <br />(34,697) <br />2,660,000 <br />128,592 <br />111,008 <br />(3,494,495) <br />508,263 <br />(98,824) <br />(71,143) <br />35,314 <br />(524,581) <br />$ (5,357,179) <br />