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Business -type activities. Business -type activities decreased net assets by $40,192. The key <br />factor for the decrease was that charges for sanitary waste disposal were increased by the <br />Metropolitan Council Environmental Services. <br />Revenues by <br />Source - <br />Business -Type <br />Activities Miscellaneous <br />1% <br />Charges for <br />services 99% <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. In particular, unreserved fund balance may serve as a useful measure of the City's <br />net resources available for spending at the end of the fiscal year. <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 $13,433,862, an increase of $1,854,376 in <br />comparison with the prior year restated amounts. Approximately 53.0% of this total amount <br />($7,115,664) constitutes unreserved, fund balance, which is available for spending at the City's <br />discretion. This includes amounts that have been designated for 1) general fund operations <br />($1,471,584), 2) special revenue funds ($160,827) and 3) capital project funds ($539,029). <br />19 <br />