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C ITY OF R OSEVILLE, M INNESOTA <br />M ANAGEMENT Ó S D ISCUSSION AND A NALYSIS <br />For Year Ended December 31, 2023 <br />F INANCIAL A NALYSIS OF THE G OVERNMENT Ó S F UNDS <br />Governmental Activities <br />The increase in net position resulted from the increase in fair value of investments and a focus on prudent <br />spending habits. <br />Below are specific graphs, which provide comparisons of the governmental activities revenues and <br />expenses for the last fiscal year. <br />22 <br />Qbhf!54!pg!494 <br /> <br />