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Condensed Statements of Activities
<br />For the
<br />Fiscal Years Ended
<br />June 30, 2021 and 2020
<br />Primary Government
<br />Governmental
<br />Activities
<br />Business -type Activities
<br />Total
<br />2021
<br />2020
<br />2021 2020
<br />2021
<br />2020
<br />Revenues:
<br />Program revenues:
<br />Charges for services
<br />$ 52,163,107
<br />$ 56,476,328
<br />$ 485,498 $ 482,150
<br />$ 52,648,605
<br />$ 56,958,478
<br />Operating grants and contributions
<br />165,236,320
<br />75,553,629
<br />262,821 269,273
<br />165,499,141
<br />75,822,902
<br />Capital grants and contributions
<br />29,772,337
<br />43,498,993
<br />- -
<br />28,772,337
<br />43,498,993
<br />General revenues:
<br />Property taxes
<br />359,304,950
<br />333,515,661
<br />359,304,950
<br />333,515,661
<br />Other taxes
<br />85,477,138
<br />73,873,234
<br />85,477,138
<br />73,873,234
<br />Grants and contributions, unrestricted
<br />556,498
<br />16,530,357
<br />556,488
<br />16,530,357
<br />Investment earnings
<br />552,408
<br />3,220,862
<br />392 5,193
<br />552,800
<br />3,226,055
<br />Other
<br />1,225,852
<br />2,127,119
<br />- -
<br />1,225,852
<br />2,127,119
<br />Transfers
<br />(1,669,662)
<br />(616,776)
<br />1,669,662 616,776
<br />-
<br />-
<br />Totalrevenuesandtransfers
<br />691,618,938
<br />604,179,407
<br />2,4t8,373 1,373,392
<br />694,037,311
<br />605,552,799
<br />Expenses:
<br />General government
<br />88,736,125
<br />86,747,456
<br />-
<br />88,736,125
<br />86,747,456
<br />Public safety
<br />353,318,886
<br />274,259,439
<br />353,318,886
<br />274,259,439
<br />Highways and streets
<br />71,625,009
<br />67,161,387
<br />71,625,009
<br />67,16t,387
<br />Health, education and welfare
<br />48,213,864
<br />37,042,326
<br />740,211 645,452
<br />48,954,075
<br />37,687,778
<br />Culture and recreation
<br />25,092,892
<br />33,613,224
<br />-
<br />25,092,892
<br />33,613,224
<br />Sanitation
<br />61,260,244
<br />68,870,497
<br />61,260,244
<br />68,870,497
<br />Interest on long-term debt
<br />13,811,108
<br />14,178,476
<br />13,811,108
<br />14,178,476
<br />Total expenses
<br />662,058,128
<br />581,872,805
<br />740,211 645,452
<br />662,798,339
<br />582,518,257
<br />Increase in net position
<br />29,560,810
<br />22,306,602
<br />1,678,162 727,940
<br />31,238,972
<br />23,034,542
<br />Net position at beginning ofyear
<br />150,411,099
<br />128,104,497
<br />2,612,918 1,884,978
<br />153,024,017
<br />129,989,475
<br />Prior period adjustment
<br />2,218,870
<br />--
<br />-- --
<br />2,218,870
<br />--
<br />Net position at beginning of year,
<br />as restated
<br />152,629,969*
<br />128,104,497
<br />2,612,918 1,884,978
<br />155,242,887
<br />129,989,475
<br />Net position at end of year
<br />$ 182J90,779
<br />$ 150,411,099
<br />$ 4,291,080 $ 2,612,918
<br />$ 186,481,859
<br />$ 153,024,017
<br />*Due to the implementation of GASB 84,
<br />a prior period adjustment to governmental activities
<br />of
<br />$2,218,870 is reflected
<br />in June 2021. The restated beginning balance for fiscal year 2021 is
<br />$152,629,969 for governmental
<br />activities.
<br />See Note 1
<br />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).
<br />-20-
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