|
<br /> CITY OF ELK RIVER, MINNESOTA
<br />
<br />STATEMENT OF
<br />ACTIVITIES '
<br />FO R THE YEAR ENDED DECEMBER 31, 2007
<br />
<br /> Operating Capital
<br /> Charges for Grants and Grants and ,
<br /> Expenses Services Contributions Contributions
<br />Functions/Proerams
<br />Primary Government:
<br />
<br />Governmental Activities: '
<br />General government $ 2,732,697 $ 283,D03 $ 2,820 $ -
<br />Publicsafety 5,924,093 1,533,699 263,255 6,230
<br />
<br />Public works
<br />6,527,565
<br />76,117 49,048
<br />4,063,441 '
<br />Culture and recreation 3,598,695 1,083,081 47,190 104;756
<br />Economic development 1,001,829 92,486 - -
<br />InteresC on long-term debt 952,082 - _
<br />
<br />Total governmental activities
<br />20,736,961
<br />3,068,386 362,313
<br />4,174,427 '
<br />Business-type Activities:
<br />Municipalliquar
<br />5;302,012
<br />6,043,088 -
<br />- '
<br />Garbage 1,114,133 1,139,763 7,210 -
<br />Sewer 1,788,890 ],454,219 - 989,412
<br />Water 2,344,158 2,144,622 - 639,042 '
<br />Electric 18,574,266 19,895,323 287,87] 368,182
<br />Total business-type activities 29,123,459 30,677,015 295,081 1,996,636
<br />Total primary government $ 49,860,420 $ 33,745,401 $ b57,394 $ 6,171,063 '
<br />Component Unit:
<br />Housing and Redevelopment Authority
<br />$ 176,027
<br />$ 181
<br />399 $ -
<br />$ - ,
<br /> ,
<br /> General revenues: '
<br /> Property taxes:
<br /> Levies for general purposes
<br /> Levies for debt service
<br />
<br />Tax increments '
<br /> Grants and contributions not restricted
<br /> Unrestricted investment earnings
<br />
<br />Gain on disposal of capital assets '
<br /> Transfers of capital assets
<br /> Transfers
<br />
<br />Total general revenues and transfers ,
<br /> Change in net assets
<br /> Net assets -beginning '
<br /> Prior period adjustment
<br /> Net assets -beginning, as restated ,
<br /> Net assets -ending
<br />The notes to the financial statements are an integral part of this statement.
<br />20 '
<br />
|