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City of Little Canada, Minnesota
<br />Statement of Activities
<br />For the Year Ended December 31, 2024
<br />Operating Capital
<br />Charges For Grants and Grants and
<br />Expenses Services Contributions Contributions
<br />Primary Government
<br />Governmental activities
<br />General government 590,761$ 116,432$ 300$ -$
<br />Public safety 3,134,255 612,306 88,672 140,000
<br />Public works 2,133,660 223,974 621,636 421,282
<br />Parks and recreation 1,022,951 940,829 59,592 -
<br />Sanitation 578,212 602,757 - -
<br />Housing and economic development 2,104,035 8,668 1,473,483 300,000
<br />Interest on long-term debt 133,824 - - -
<br />Total Governmental Activities 9,697,698 2,504,966 2,243,683 861,282
<br />Business-type Activities
<br />Water 2,076,629 2,214,492 - -
<br />Sewer 1,855,973 1,866,711 - -
<br />Storm water 278,766 481,366 - -
<br />Total Business-type Activities 4,211,368 4,562,569 - -
<br />Total Governmental and 13,909,066$ 7,067,535$ 2,243,683$ 861,282$
<br /> Business-type Activities
<br />General Revenues
<br />Taxes
<br />Property taxes, levied for general purposes
<br />Tax increments
<br />Franchise fees
<br />Grants and contributions not restricted to specific programs
<br />Unrestricted investment earnings
<br />Other general revenues
<br />Transfers - internal activities
<br />Transfers - capital assets
<br />Total General Revenues and Transfers
<br />Change in Net Position
<br />Net Position, January 1
<br />Net Position - December 31
<br />Functions/Programs
<br />Program Revenues
<br />The notes to the financial statements are an integral part of this statement.
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