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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 />2013 (2)2014 2015 2016
<br />Net (expense) revenue:
<br />Governmental activities ($6,562,842) ($6,756,096)($6,594,817)$257,114
<br />Business-type activities 305,979 (155,298)(41,996)1,251,042
<br />Total primary government
<br />net (expense) revenue (6,256,863)(6,911,394)(6,636,813)1,508,156
<br />General revenues and other changes in net position:
<br />Governmental activities:
<br />Taxes:
<br />Property taxes $5,703,707 $6,030,558 $5,893,900 $6,160,156
<br />Tax increment collections 1,405,872 1,131,896 1,121,627 1,455,090
<br />Grants and contributions 26,384 461,964 516,015 530,110
<br />Unrestricted investment earnings 25,914 189,441 146,023 254,396
<br />Other 389,785 104,113 172,913 1,207,375
<br />Gain on sale of capital assets - 33,204 7,653 7,151
<br />Transfers (809,238)(17,982)(6,053,216)1,956,838
<br />Total governmental activities 6,742,424 7,933,194 1,804,915 11,571,116
<br />Business-type activities:
<br />Unrestricted investment earnings 51,593 111,512 86,407 31,097
<br />Other 66,478 61,444 88,664 64,805
<br />Transfers 809,238 17,982 6,053,216 (1,956,838)
<br />Total business-type activities 927,309 190,938 6,228,287 (1,860,936)
<br />Total primary government $7,669,733 $8,124,132 $8,033,202 $9,710,180
<br />Change in net position:
<br />Governmental activities $179,582 $1,177,098 ($4,789,902)$11,828,230
<br />Business-type activities 1,233,288 35,640 6,186,291 (609,894)
<br />Total primary government $1,412,870 $1,212,738 $1,396,389 $11,218,336
<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 />144
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