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06-10-2020 Council Packet
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06-10-2020 Council Packet
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CITY OF LITTLE CANADA, MINNESOTA <br />Management’s Discussion and Analysis (continued) <br />Year Ended December 31, 2019 <br /> <br /> <br /> <br /> <br />Governmental Activities <br />The following graph depicts the various governmental activities and shows the expenses and program revenues <br />directly related to those activities: <br /> <br /> <br /> <br />The graph below shows the governmental activities and their income and clearly reflects the need for property <br />taxes to supplement the activities of the City, since the other sources of revenue are insufficient to fund the <br />governmental activities. <br /> <br /> $- <br /> $500,000 <br /> $1,000,000 <br /> $1,500,000 <br /> $2,000,000 <br /> $2,500,000 <br /> $3,000,000 <br />General <br />Government <br />Housing and <br />Economic <br />Development <br />Public Safety Public Works Sanitation and <br />Recycling <br />Culture and <br />Recreation <br />Interest and <br />Fiscal Charges <br />Expense Revenue <br />Property Taxes <br />42% <br />Charges for services <br />16% <br />Other taxes & tax <br />increment <br />13% <br />Capital Grants & <br />Contributions <br />9% <br />Operating Grants & <br />Contributions <br />8% <br />Unrestricted <br />investment <br />earnings <br />7% <br />Contributions Not <br />Restricted to <br />Specific Program <br />5% <br />Other <br />0% <br />Revenues by Source -Government Activities <br />23
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