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Condensed Statements of Activities
<br /> For the Fiscal Years Ended June 30,2020 and 2019
<br /> Primary Government
<br /> Governmental Activities Business-type Activities- Total
<br /> 2020 2019 2020 2019 2020 2019
<br /> Revenues:
<br /> Program revenues:
<br /> Charges for services $56,476,328 $55,359,674 $482,150 $510,352 $56,958,478 $ 55,870,026
<br /> Operating grants and contributions 75,553,629 64,285,842 269,273 261,848 75,822,902 64,547,690
<br /> Capital grants and contributions 43,498,993 28,375,566 43,498,993 28,375,566
<br /> General revenues:
<br /> Property taxes 333,515,661 315,969,118 - 333,515,661 315,969,118
<br /> Other taxes 73,873,234 47,796,847 - 73,873,234 47,796,847
<br /> Grants and contributions,unrestricted 16,530,357 19,748,211 - - 16,530,357 19,748,211
<br /> Investment earnings 3,220,862 3,420,693 5,193 8,234 3,226,055 3,428,927
<br /> Other 2,127,119 1,848,245 - - 2.127,119 1,848,245
<br /> Transfers (616,776) - 616,776
<br /> Total revenues and transfers 604,179,407 536,804,196 1,373,392 780,434 605,552,799 537,584,630
<br /> Expenses:
<br /> General government 86,747,456 88,660,088 86,747,456 88,660,088
<br /> Public safety 274,259,439 248,111,465 - 274,259,439 248,111,465
<br /> Highways and streets 67,161,387 62,066,700 - - 67,161,387 62,066,700
<br /> Health,education and welfare 37,042,326 37,919,675 645,452 609,486 37,687,778 38,529,161
<br /> Culture and recreation 33,613,224 35,908,061 - 33,613,224 35,908,061
<br /> Sanitation 68,870,497 62,775,074 68,870,497 62,775,074
<br /> Interest on long-term debt 14,178,476 13,277,652 14,178,476 13,277,652
<br /> Total expenses 581,872,803 548,7 18,715 64_3,452 -609,486 582,518,257 549,328,201
<br /> Increase(Decrease)in net position 22,306,602 (11,914,519) 727,940 170,948 23,034,542 (11,743,571)
<br /> Net position at beginning of year 128,104,497 140,019,016 1,884,978 1,714,030 129,989,475 141,733,046
<br /> Net position at end of year $ 150,411,099 $128,104,497 $ 2,612,918 $ 1,884,978 $153,024,017 $ 129,989,475
<br /> Analysis of Changes in Net Position
<br /> Governmental activities. Governmental activities increased the County's net position by $223
<br /> million, which represented all of the total decrease in net position of the County.
<br /> The primary reasons for the $68.0 million (13 percent) increase in total revenues was due to a
<br /> $1.0 billion increase in the assessed value of the net taxable buildings, with the most notable
<br /> increase of $832 million occurring in the residential class. With no changes in the tax rates from
<br /> the prior year,the increase in real property tax revenues of $17.5 million was attributable solely
<br /> to increases in the assessed values of land and buildings. Revenues from the general excise tax
<br /> surcharge increased by $23.0 million from the prior year due to fact that the surcharge was in
<br /> effect for 12 months in the current fiscal year and also doubled in the last 6 months from 0.25% to
<br /> 0.50%.
<br /> Total expenses increased by $33.2 million,which represented a 6 percent change from the prior
<br /> year. There were the typical increases in salaries and wages and related employment benefit costs
<br /> across all functions in the current fiscal year, including approximately $3.0 million of
<br /> expenditures incurred by the County in responding to the COVID-19 pandemic.
<br /> - 19
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