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Business-type activities. Business-type activities increased the City of Elk River's net assets by $],467,987. Key <br />elements of this increase are as follows: <br />• Charges for services for business-type activities increased over $2,100,000 when compared to 2009. This increase <br />was due to increased electric usage related to the warmer summer weather in 2010. The electric utility accounts <br />for 72% of the total charges for services. <br />• The increase in operating expenses is a result from the increase in purchased power for the electric utility of <br />$2,200,000 or 14% over 2009. <br />Expenses and Program Revenues -Business-type Activities <br />$30, 000,000 <br />$25,000,000 __~ _~~ __.. ,, _ <br />~~~ #~ <br />$15,000,000 - _. a__,~._- _~~_.~. ~ ___.__~..~ , <br />:~ <br />__ <br />$]0,000,000 _~__.~_~. ra.. ~__a___ ~:~.__.~_...____ . <br />- ~ 4 <br />$5,000,000 '~ ~ _-___ K ._ _ _ , _ > <br />_ .. .. m <br />Municipal liquor Garbage Sewer Water Electric <br />^ Revenue ^ Expense <br />16 <br />