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CITY OF ST. ANTHONY, MINNESOTA
<br />CHANGES IN NET POSITION
<br />Last Ten Fiscal Years
<br />(Accrual Basis of Accounting)
<br />2008 2009 2010
<br />Net (expense) revenue:
<br />Governmental activities ($4,570,842) ($7,086,587) ($6,009,477)
<br />Business-type activities 351,025 262,493 258,443
<br />Total primary government
<br />net (expense) revenue (4,219,817) (6,824,094) (5,751,034)
<br />General revenues and other changes in net position:
<br />Governmental activities:
<br />Taxes:
<br />Property taxes $4,118,365 $4,442,708 $4,750,440
<br />Tax increment collections 1,753,559 1,952,704 1,807,388
<br />Grants and contributions 88,291 20,918 22,827
<br />Unrestricted investment earnings 403,426 208,761 224,693
<br />Other 36,365 16,103 61,866
<br />Gain on sale of capital assets - 3,981 -
<br />Transfers (1,514,827) 319,871 478,000
<br />Total governmental activities 4,885,179 6,965,046 7,345,214
<br />Business-type activities:
<br />Unrestricted investment earnings 18,985 6,833 (336)
<br />Other 17,089 10,353 3,454
<br />Transfers 1,514,827 (319,871) (478,000)
<br />Total business-type activities 1,550,901 (302,685) (474,882)
<br />Total primary government $6,436,080 $6,662,361 $6,870,332
<br />Change in net position:
<br />Governmental activities $314,337 ($121,541) $1,335,737
<br />Business-type activities 1,901,926 (40,192) (216,439)
<br />Total primary government $2,216,263 ($161,733) $1,119,298
<br />(1) In 2011 the Water Filtration and Purification fund was reclassified to the Water and Sewer Proprietary Fund.
<br />(2) In 2013, services to other cities were reclassified to public safety expense.
<br />Note: GASB 65 was implemented in 2013. Governmental activity expenses were restated for 2012
<br /> to reflect the expensing of bond issuance costs in the year of issuance. Expenses for years prior to 2012 were not restated.
<br />Note: GASB 68 was implemented for 2015. Expenses for years prior to 2015 were not restated.
<br />Note: The City closed the Stormwater Improvement Capital Project Fund during 2015 and transferred the majority
<br /> of the net position to the Stormwater Utility Fund.
<br />Note: The City closed the Water Filtration and Purification Fund during 2016 and transferred the majority of the net position
<br /> to governmental activities.
<br />Fiscal Year
<br />150
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