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<br /> Fiscal Year
<br /> 2003 2004 2005
<br />~et(expense)/revenue
<br />Governmental activities $ (5,010,397) $ 94,711 $ (4,466,401)
<br />Business-type activities 3,876,861 6,256,00] 4,106,369
<br />Total primary government net expense $ (1,133,536) $ 6,350,712 $ (360,032)
<br />General Revenues and Other Changes in Net Assets
<br />Governmental activities:
<br />Property taxes $ 5,830,468 $ 6,425,933 $ 7,569,131
<br />Tax increment 682,855 734,115 768,397
<br />Unrestricted grants and contributions 2,237,750 2,141,152 2,427,605
<br />Investment earnings 304,237 375,550 758,612
<br />Miscellaneous 9,180 326,853
<br />Transfers 639,924 866,816 677,516
<br />Total governmental activities 9,695,234 10,552,746 12,528,114
<br />Business-type activities
<br />Investment earnings 155,802 153,218 305,923
<br />Transfers (639,924) (866,816) (677,516)
<br />T otalbusiness-type activities (484,122) (713,598) (371,593)
<br />Total primary government $ 9,211,112 $ 9,839,148 $ 12,156,521
<br />Change in Net Assets
<br />Governmental activities $ 4,684,837 $ 10,647,457 $ 8,061,713
<br />Business-type activities 3,392,739 5,542,403 3,734,776
<br />Total primary government $ 8,077,576 $ 16,189,860 $ 11,796,489
<br />
<br />~ote: Changes in net assets are not available for years prior to 2003.
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