CAFR 2016

Governmental

Business-Type

Activities

Activities

Total

(Continued)

2016

2015

2016

2015

2016

2015

Transfers

(3,650) $

(6,040) $

$

3,650

$

6,040

$ $

Change in Net Position

2,766

18,081

25,804

31,262

28,570

49,343

Beg. Net Position

356,660

358,391 (19,812) 338,579

667,402

639,290

1,024,062 997,681

Prior Period Adjustment

409

(3,150)

409 (22,962)

Restated

357,069

667,402

636,140

1,024,471

974,719

Ending Net Position

359,835 $

356,660 $

693,206 $

667,402 $

1,053,041 $

1,024,062 $

Table A-3 Summary of Financing/Interest Earnings - Governmental Activities (In thousands of dollars)

FY 2016

FY 2015

$ Change

%Change

Interest Revenue Interest Expense

$2,437

$2,226

$211

9.5% -4.1%

5,354 5,583 (229)

13.1%

($2,917)

($3,357)

$440

Net

Summary of Financing/Interest Earnings - Business Activities (In thousands of dollars)

FY 2016

FY 2015

$ Change

% Change

Interest Revenue Interest Expense

$1,963

$1,470

$493 (955)

33.5% -18.9%

4,102

5,057

Net

($2,139)

($3,587)

$1,448

40.4%

A. Governmental Activities Governmental activities increased the City’s net position by approximately $2.8 million, down from an approximate $18 million increase last year. Contributing to the decrease was increased spending on public safety and transportation bond fund projects this year. The Internal Service Funds are combined with governmental activities at the entity-wide level.

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