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CITY OF LITTLE CANADA, MINNESOTA
<br />STATEMENT OF ACTIVITIES
<br />For The Year Ended December 31, 2019
<br />Operating Capital
<br />Charges For Grants and Grants and Governmental Business-Type Totals
<br />Expenses Services Contributions Contributions Activities Activities 2019
<br />Functions/Programs
<br />Primary government:
<br />Governmental activities:
<br />General government 631,388$ 604,268$ 50,216$ -$ 23,096$ -$ 23,096$
<br />Housing and economic development 690,771 61,290 - - (629,481) - (629,481)
<br />Public safety 2,696,716 68,562 126,122 187,009 (2,315,023) - (2,315,023)
<br />Public works 2,128,271 35,302 426,261 389,880 (1,276,828) - (1,276,828)
<br />Sanitation 413,046 436,270 28,517 - 51,741 - 51,741
<br />Culture and recreation 688,124 43,996 7,355 156,845 (479,928) - (479,928)
<br />Interest on long-term debt 235,062 - - - (235,062) - (235,062)
<br />Total governmental activities 7,483,378 1,249,688 638,471 733,734 (4,861,485) - (4,861,485)
<br />Business-type activities:
<br />Water operating 1,566,206 1,625,833 - - - 59,627 59,627
<br />Sewer operating 1,319,392 1,461,517 - - - 142,125 142,125
<br />Total business-type activities 2,885,598 3,087,350 - - - 201,752 201,752
<br />Total primary government 10,368,976$ 4,337,038$ 638,471$ 733,734$(4,861,485) 201,752 (4,659,733)
<br />General revenues:
<br /> Property taxes 3,385,222 - 3,385,222
<br /> Franchise taxes 477,274 - 477,274
<br /> Tax increment collections 538,791 - 538,791
<br /> Grants and contributions not
<br /> restricted to specific programs 437,161 - 437,161
<br /> Unrestricted investment earnings 530,625 55,039 585,664
<br /> Other - 2,447 2,447
<br /> Gain on sale of capital assets 20,481 - 20,481
<br />Transfers (188,687) 188,687 -
<br /> Total general revenues and transfers 5,200,867 246,173 5,447,040
<br />Change in net position 339,382 447,925 787,307
<br />Net position - beginning 41,475,365 9,831,563 51,306,928
<br />Net position - ending 41,814,747$ 10,279,488$ 52,094,235$
<br /> Program Revenues
<br />Net (Expense) Revenue and
<br />Changes in Net Position
<br />Primary Government
<br />The accompanying notes are an integral part of these basic financial statements. 33
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