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Condensed Statements of Activities
<br /> For the Fiscal Years Ended June 30,2021 and 2020
<br /> Primary Government
<br /> Governmental Activities Business-type Activities Total
<br /> 2021 2020 2021 2020 2021 2020
<br /> Revenues:
<br /> Program revenues:
<br /> Charges for services $ 52,163,107 $ 56,476,328 $ 485,498 $ 482,150 $ 52,648,605 $ 56,958,478
<br /> Operating grants and contributions 165,236,320 75,553,629 262,821 269,273 165,499,141 75,822,902
<br /> Capital grants and contributions 28,772,337 43,498,993 - - 28,772,337 43,498,993
<br /> General revenues:
<br /> Property taxes 359,304,950 333,515,661 359,304,950 333,515,661
<br /> Other taxes 85,477,138 73,873,234 85,477,138 73,873,234
<br /> Grants and contributions,unrestricted 556,488 16,530,357 556,488 16,530,357
<br /> Investment earnings 552,408 3,220,862 392 5,193 552,800 3,226,055
<br /> Other 1,225,852 2,127,119 - - 1,225,852 2,127,119
<br /> Transfers (1,669,662) (616,776) 1,669,662 616,776 - -
<br /> Total revenues and transfers 691,618,938 604,179,407 2,418,373 1,373,392 694,037,311 605,552,799
<br /> Expenses:
<br /> General government 88,736,125 86,747,456 - - 88,736,125 86,747,456
<br /> Public safety 353,318,886 274,259,439 353,318,886 274,259,439
<br /> Highways and streets 71,625,009 67,161,387 71,625,009 67,161,387
<br /> Health,education and welfare 48,213,864 37,042,326 740,211 645,452 48,954,075 37,687,778
<br /> Culture and recreation 25,092,892 33,613,224 - - 25,092,892 33,613,224
<br /> Sanitation 61,260,244 68,870,497 61,260,244 68,870,497
<br /> Interest on long-term debt 13,811,108 14,178,476 13,811,108 14,178,476
<br /> Total expenses 662,058,128 581,872,805 740,211 645,452 662,798,339 582,518,257
<br /> Increase in net position 29,560,810 22,306,602 1,678,162 727,940 31,238,972 23,034,542
<br /> Net position at beginning of year 150,411,099 128,104,497 2,612,918 1,884,978 153,024,017 129,989,475
<br /> Prior period adjustment 2,218,870 2,218,870
<br /> Net position at beginning of year,
<br /> as restated 152,629,969* 128,104,497 2,612,918 1,884,978 155,242,887 129,989,475
<br /> Net position at end of year $182,190,779 $150,411,099 $ 4,291,080 $ 2,612,918 $186,481,859 $153,024,017
<br /> *Due to the implementation of GASB 84,a prior period adjustment to governmental activities of
<br /> $2,218,870 is reflected in June 2021. The restated beginning balance for fiscal year 2021 is
<br /> $152,629,969 for governmental activities. See Note 1 for details.
<br /> Analysis of Changes in Net Position
<br /> Governmental activities. Governmental activities increased the County's net position by$29.6
<br /> million,which represented 95 percent of the total increase in net position of the County.
<br /> The primary reasons for the $87.4 million(14 percent)increase in total revenues from
<br /> governmental activities was due to property tax increases in the current fiscal year of$25.8
<br /> million. The increase in property tax revenues was due to a$1.8 billion increase in the assessed
<br /> value of the net taxable real property,with the majority stemming from the category of taxable
<br /> buildings. The residential class of property was also divided into two tiers,with Tier II revenues
<br /> having a 23% increase in real property tax rates. Revenues from the general excise tax surcharge
<br /> increased by $14.7 million from the prior year due to fact that the surcharge was in effect for 12
<br /> months at the rate of 0.50%,whereas it was only in effect at this rate for the last 6 months of the
<br /> prior year. As previously mentioned,there was also an increase of$89.7 million in operating
<br /> grants and contributions received by the County,of which$77.0 million was from the
<br /> Coronavirus Aid,Relief, and Economic Security Act(CARES Act).
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