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Management’s Discussion and Analysis <br /> <br /> <br />Business-Type Activities <br /> <br />Business-type activities increased the City’s net position by $1,127,793 during 2023. Capital <br />grants and contributions decreased in 2023 as a result developer contributed infrastructure <br />and the timing in which those contributions occur and are completed. Water expenses <br />decreased in 2023 as a result of a 2022 water tower #2 maintenance project. <br /> <br />Below are specific graphs which provide comparisons of the business-type activities <br />revenues and expenses: <br /> <br /> <br /> <br />25 <br />89