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Business -type activities. Business -type activities increased the City of Elk River's net position by $16,674,031. Key elements of this <br />increase are as follows: <br />• Charges for services for business -type activities increased $1,929,337 due largely to an increase in electric usage. The <br />electric utility accounts for 72% of the total charges for services. <br />• Capital grants and contributions increased $1,772,655, primarily as a result of increased municipal construction state aid. <br />$35,000,000 <br />$30,000,000 <br />$25,000,000 <br />$20,000,000 <br />$15,000,000 <br />$10,000,000 <br />$5,000,000 <br />Expenses and program Revenues - Business -type Activities <br />Municipal liquor Garbage Sewer Storm Water Water Electric <br />■ Revenue ■ Expense <br />Revenues by Source - Business -type Activities <br />Capit <br />col <br />Unrestricted Gain on disnosalof <br />-23- <br />93.88% <br />ices <br />