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Business -type activities. Business -type activities increased net position by $35,640. The key <br />factor for the increase was assets were contributed to the Water/Sewer Funds by the Street <br />Improvement Funds. Rate increases for all utility services were made for 2013 and 2014 <br />billings. <br />Revenues by Source - <br />Business -Type Activities <br />Miscellaneous <br />20 <br />Charges for services <br />98% <br />Financial Analysis of the City's Funds <br />As noted earlier, the City of St. Anthony uses fund accounting to ensure and demonstrate <br />compliance with finance -related legal requirements. <br />Governmental funds. The focus of the City of St. Anthony, Minnesota's governmental funds is <br />to provide information on near-term inflows, outflows, and balances of spendable resources. <br />Such information is useful in assessing the City of St. Anthony, Minnesota's financing <br />requirements. <br />As of the end of the current fiscal year, the City of St. Anthony, Minnesota's governmental funds <br />reported combined ending fund balances of $9,093,844, a decrease of $456,743 in comparison <br />with the prior year restated amounts. <br />The ending fund balance by GASB 54 designation is as follows: <br />Nonspendable <br />$92,767 <br />Restricted <br />7,627,714 <br />Committed <br />78,180 <br />Assigned <br />1,318,583 <br />Unassigned <br />(23,400) <br />Total <br />$9,093,844 <br />21 <br />