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05-22-2024 Council Packet
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05-22-2024 Council Packet
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Business-type Activities. Business-type activities decreased the City’s net position, complementing the decrease in <br />governmental activities. Key elements of this decrease are as follows: <br /> <br />• Net operating income in the two business-type funds was unfavorable, with a total net operating loss of $252,797. <br /> <br />Expenses and Program Revenues - Business - type Activities <br /> $- <br /> $500,000 <br /> $1,000,000 <br /> $1,500,000 <br /> $2,000,000 <br /> $2,500,000 <br />Water Sewer <br />Expenses Program Revenues <br /> Revenues by Source - Business - type Activities <br /> <br />Charges for <br />Services <br />93.9% <br />Capital <br />Grants and <br />Contributions <br />3.8% <br />Unrestricted <br />Investment <br />Earnings <br />2.3%Other general <br />revenues <br />0.0% <br /> <br />35
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