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6.2 SR 06-03-2024
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6.2 SR 06-03-2024
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6/3/2024
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29 <br />City of Elk River <br />Management’s Discussion and Analysis <br /> <br /> <br />GOVERNMENT-WIDE FINANCIAL ANALYSIS (CONTINUED) <br /> <br />Business-type Activities. Business-type activities increased the City’s net position by $5,728,390 <br />primarily due to the operating income of the Electric Fund. Elements of the increase are as follows: <br /> <br />Municipal <br />Liquor Sewer Garbage <br />Storm <br />Water Electric Water <br />Expenses $7,342,192 $3,970,547 $1,702,811 $980,969 $42,868,962 $3,232,421 <br />Program revenues 7,978,894 3,614,557 1,920,516 905,891 45,868,744 4,055,791 <br /> $- <br /> $5,000,000 <br /> $10,000,000 <br /> $15,000,000 <br /> $20,000,000 <br /> $25,000,000 <br /> $30,000,000 <br /> $35,000,000 <br /> $40,000,000 <br /> $45,000,000 <br /> $50,000,000 <br />Expenses and Program Revenues - Business-Type Activities <br />Page 150 of 464
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