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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 />Business-Type Activities <br />Business-type activities had an overall increase in net position of $447,925. The Water Fund had a slight decrease <br />in net position of $82,776, and the Sewer Fund had an increase in net position of $530,701. A utility rate study <br />is in progress to identify rate increase needs in the two funds. <br /> <br /> <br /> <br /> <br /> <br />Charges for <br />services <br />98% <br />Unrestricted <br />investment <br />earnings <br />2%Other <br />0% <br />Revenues -Business type Activities <br /> $- <br /> $500,000 <br /> $1,000,000 <br /> $1,500,000 <br /> $2,000,000 <br />Water Sewer <br />Program Expenses and Revenues -Business-Type Activities <br />Expenses Program revenues <br />24