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CITY OF LITTLE CANADA, MINNESOTA
<br />Management’s Discussion and Analysis (continued)
<br />Year Ended December 31, 2019
<br />The following is a summary of the City’s change in net position:
<br />City of Little Canada’s Changes in Net Position
<br />Governmental Activities Business-Type Activities Total Primary Government
<br />2019 2018 2019 2018 2019 2018
<br />Revenues:
<br />Program revenues:
<br /> Charges for services $1,249,688 $1,771,529 $3,087,350 $3,070,546 $4,337,038 $4,842,075
<br /> Operating grants and contributions 638,471 287,601 - 638,471 287,601
<br /> Capital grants and contributions 733,734 680,448 - 40,740 733,734 721,188
<br />General revenues:
<br /> Property taxes 3,385,222 3,265,748 - - 3,385,222 3,265,748
<br /> Other taxes 1,016,065 859,377 - - 1,016,065 859,377
<br /> Grants and contributions not
<br /> restricted to specific programs 437,161 435,682 - - 437,161 435,682
<br /> Unrestricted investment earnings 530,625 299,521 55,039 21,740 585,664 321,261
<br /> Other - 14,920 2,447 9,056 2,447 23,976
<br /> Gain on sale of capital assets 20,481 - - 20,481 -
<br />Total revenues 8,011,447 7,614,826 3,144,836 3,142,082 11,156,283 10,756,908
<br />Expenses:
<br />General government 631,388 650,567 - - 631,388 650,567
<br />Housing & economic development 690,771 1,317,718 - - 690,771 1,317,718
<br />Public safety 2,696,716 2,305,023 - - 2,696,716 2,305,023
<br />Public works 2,128,271 2,495,002 2,128,271 2,495,002
<br />Sanitation and recycling 413,046 395,599 - - 413,046 395,599
<br />Culture and recreation 688,124 641,085 - - 688,124 641,085
<br />Interest on long-term debt 235,062 289,276 - - 235,062 289,276
<br />Water - - 1,566,206 1,574,293 1,566,206 1,574,293
<br />Sewer - - 1,319,392 1,480,413 1,319,392 1,480,413
<br /> Total expenses 7,483,378 8,094,270 2,885,598 3,054,706 10,368,976 11,148,976
<br />Increase in net position before special items
<br />and transfers 528,069 (479,444) 259,238 87,376 787,307 (392,068)
<br />Special Item - (4,506,155) - - - (4,506,155)
<br />Transfers (188,687) 300,000 188,687 (300,000) - -
<br />Total special items and transfers (188,687) (4,206,155) 188,687 (300,000) - (4,506,155)
<br />Change in net position 339,382 (4,685,599) 447,925 (212,624) 787,307 (4,898,223)
<br />Net position - January 1 41,475,365 46,160,964 9,831,563 10,044,187 51,306,928 56,205,151
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<br />Net position - December 31 $41,814,747 $41,475,365 $10,279,488 $9,831,563 $52,094,235 $51,306,928
<br />Overall revenues from governmental activities increased $396,621 be tween 2018 and 2019. The largest increase
<br />was in the investment earnings category ($231,104) due to a more favorable interest rate environment in 2019.
<br />Operating grants and contributions include the revenues ($137,644) related to the FEMA natural disaster
<br />declaration for flooding.
<br />The public safety category expenses increased 16.99% ($391,693). The police services contract with Ramsey
<br />County increased 4.7% ($71,784). In addition, the City incurred $84,081 in costs relating to the emergency
<br />sandbagging and pumping operations at Twin Lake. The housing and economic category contained a
<br />large decrease in expenses. 2018 contained expenses relating to both the closure of a TIF district and the
<br />development incentives to a new development.
<br />The business-type activities, primarily the City’s utility operations, showed an increase in net position of
<br />$447,925. The increase in net position was due to decreased operating expenses.
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