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Condensed Statements of Activities
<br /> For the Fiscal Years Ended June 30,2022 and 2021
<br /> Primary Government
<br /> Governmental Activities Business-type Activities Total
<br /> 2022 2021 2022 2021 2022 2021
<br /> Revenues:
<br /> Program revenues:
<br /> Charges for services $ 59,815,972 $ 52,163,107 $ 500,472 $ 485,498 $ 60,316,444 $ 52,648,605
<br /> Operating grants and contributions 102,386,921 165,236,320 277,837 262,821 102,664,758 165,499,141
<br /> Capital grants and contributions 36,716,672 28,772,337 - - 36,716,672 28,772,337
<br /> General revenues:
<br /> Property taxes 372,144,094 359,304,950 372,144,094 359,304,950
<br /> Othertaxes 119,947,854 85,477,138 119,947,854 85,477,138
<br /> Grants and contributions,unrestricted 638,219 556,488 638,219 556,488
<br /> Investment earnings 190,002 552,408 436 392 190,438 552,800
<br /> Other 1,698,844 1,225,852 - - 1,698,844 1,225,852
<br /> Total revenues 693,538,578 693,288,600 778,745 748,711 694,317,323 694,037,311
<br /> Expenses:
<br /> General government 84,642,838 88,736,125 - - 84,642,838 88,736,125
<br /> Public safety 242,555,050 353,318,886 242,555,050 353,318,886
<br /> Highways and streets 66,452,718 71,625,009 66,452,718 71,625,009
<br /> Health,education and welfare 61,230,308 48,213,864 728,454 740,211 61,958,72 48,954,075
<br /> Culture and recreation 32,573,321 25,092,892 - - 32,573,321 25,092,892
<br /> Sanitation 61,075,307 61,260,244 61,075,307 61,260,244
<br /> Interest on long-term debt 13,011,481 13,811,108 13,011,481 13,811,108
<br /> Total expenses 561,541,023 662,058,128 728,454 740,211 562,269,477 662,798,339
<br /> Increase in net position
<br /> before transfers 131,997,555 31,230,472 50291 8,500 132,047,846 31,238,972
<br /> Transfers (175,881) (1,669,662) 175,881 1,669,662 - -
<br /> Change innet position 131,821,674 29,560,810 226,172 1,678,162 132,047,846 31,238,972
<br /> Net position at beginning of year 182,190,779 150,411,099 4,291,080 2,612,918 186,481,859 153,024,017
<br /> Prior period adjustment -- 2,218,870 -- -- -- 2,218,870
<br /> Net position at beginning of year,
<br /> as restated 182,190,779 152,629,969* 4,291,080 2,612,918 186,481,859 155,242,887
<br /> Net position at end of year $314,012,453 $182,190,779 $ 4,517,252 $ 4,291,080 $318,529,705 $186,481,859
<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$152,629,969
<br /> for governmental activities.
<br /> Analysis of Changes in Net Position
<br /> Governmental activities. Governmental activities increased the County's net position by$131.8
<br /> million,which represented almost the entire total increase in net position of the County.
<br /> There was only a$250,000(less than a fraction of 1 percent)increase in revenues from
<br /> governmental activities,due to the offsetting following factors. As mentioned previously,the
<br /> County saw a$62.8 million reduction in operating grants and contributions,which was primarily
<br /> a reflection of the fact that most of the grants that the County expended during the previous fiscal
<br /> year was not extended into the current fiscal year. Most notably was the CARES Act grant
<br /> previously discussed above. The negative impact of such a large decrease in one aspect of
<br /> revenues was mitigated by increases in the other categories of revenue,which most notably
<br /> included an increase in property taxes by$12.8 million due to a$1.7 billion increase in the
<br /> assessed value of the net taxable real property,with the majority stemming from the category of
<br /> taxable buildings($1.5 million). Revenues from the general excise tax surcharge increased by
<br /> $13.4 million from the prior year,which corresponds to improvements in the economy overall as
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