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City of Roseville, MinnesotaStatement 5 <br />RECONCILIATION OF THE STATEMENT OF REVENUES,(Page 1 of 1) <br />EXPENDITURES AND CHANGES <br />IN FUND BALANCES OF GOVERNMENTAL FUNDS <br />TO THE STATEMENT OF ACTIVITIES <br />3 <br />For the Fiscal Year Ended December 31, 202 <br />Net Change in Fund Balances - Total Governmental Funds$ 7,328,847 <br />Amounts reported for governmental activities in the Statement of Activities <br />are different because: <br />Governmental funds report capital outlay as expenditures and do not report capital <br />contributions. However, in the Statement of Net Position, the cost of these assets is <br />e <br />capitalized and depreciated over their estimated useful lives with depreciation expens <br />reported in the Statement of Activities and capital contributions are reported as program revenue. (1,593,638) <br />Net effect of sales, trade-ins and retirements of capital assets (128,241) <br />Payments on general obligation debt 2,110,000 <br />Premium on general obligation bonds amortized1 54,681 <br />Net change due to internal service funds incorporated into statement of activities (350,585) <br />Net change in net pension obligation - City (2,856,249) <br />Net change in net pension asset - Fire Relief 1,247,697 <br />Net change in net pension obligation - OPEB4 36,424 <br />Change in compensated absences (186,938) <br />Change in bond interest payable 25,999 <br />Adjustment for modified accrual revenue recognition related to Special <br /> assessments, delinquent property tax and delinquent tax increment (605,679) <br />Change in Net Position of Governmental Activities$ 5,582,318 <br />The notes to the financial statements are an integral part of this statement. <br />36 <br />Qbhf!68!pg!494 <br /> <br />