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07-26-2023 Council Packet
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07-26-2023 Council Packet
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CITY OF LITTLE CANADA, MINNESOTA <br />MANAGEMENT’S DISCUSSION AND ANALYSIS <br />YEAR ENDED DECEMBER 31, 2022 <br /> <br /> <br /> <br />(19) <br /> <br />The graph below shows the governmental activities and their income and clearly reflects the need for <br />property taxes to supplement the activities of the City, since the other sources of revenue are <br />insufficient to fund the governmental activities. <br /> <br />Revenues by Source – Governmental Activities <br /> <br />Charges for Services, <br />20% <br />Operating Grants and <br />Contributions, 4% <br />Capital Grants and <br />Contributions, 13%Property Taxes, 41% <br />Other Taxes, 5% <br />Contributions Not <br />Restricted to Specific <br />Programs, 11% <br />Unrestricted <br />Investment Earnings, <br />4% <br />Other, 6% <br /> Gain on Sale of <br />Capital Assets, 0% <br />
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