|
CITY OF LINO LAKES, NHNNESOTA
<br />CHANGES IN NET POSITION
<br />Last Ten Fiscal Years
<br />(Accrual Basis of Accounting)
<br />Net (expense) revenue:
<br />Governmental activities
<br />Business -type activities
<br />2015 2016 2017 2018
<br />($13,050,512) ($8,241,709) ($5,384,635) ($5,021,358)
<br />2,449,785 1,079,511 538,756 916,107
<br />Total primary government, net
<br />(10,600,727)
<br />(7,162,198)
<br />(4,845,879)
<br />(4,105,251)
<br />General revenues and other changes in net position:
<br />Governmental activities:
<br />Property taxes
<br />9,243,236
<br />9,343,500
<br />9,753,971
<br />10,229,691
<br />Unrestricted grants and contributions
<br />5,363
<br />91,385
<br />181,712
<br />59,508
<br />Unrestricted investment earnings
<br />112,961
<br />210,142
<br />207,792
<br />369,485
<br />Gain on disposal of capital assets
<br />17,836
<br />66,255
<br />38,022
<br />17,318
<br />Special item - withdrawal from fire district
<br />-
<br />1,333,166
<br />-
<br />-
<br />Transfers
<br />66,834
<br />(914,414)
<br />(308,694)
<br />(472,370)
<br />Total governmental activities
<br />9,446,230
<br />10,130,034
<br />9,872,803
<br />10,203,632
<br />Business -type activities:
<br />Unrestricted investment earnings
<br />51,167
<br />107,119
<br />106,488
<br />213,434
<br />Gain on disposal of capital assets
<br />-
<br />-
<br />-
<br />-
<br />Transfers
<br />(66,834)
<br />914,414
<br />308,694
<br />472,370
<br />Total business -type activities
<br />(15,667)
<br />1,021,533
<br />415,182
<br />685,804
<br />Total primary government
<br />$9,430,563
<br />$11,151,567
<br />$10,287,985
<br />$10,889,436
<br />Change in net position:
<br />Governmental activities
<br />($3,604,282)
<br />$1,888,325
<br />$4,488,168
<br />$5,182,274
<br />Business -type activities
<br />2,434,118
<br />2,101,044
<br />953,938
<br />1,601,911
<br />Total primary government change in net position
<br />($1,170,164)
<br />$3,989,369
<br />$5,442,106
<br />$6,784,185
<br />GASB 75 was implemented in 2017. OPEB expense for years prior to 2017 was not restated.
<br />140
<br />
|