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Revenue by Source — Governmental Activities <br />Year Ended June 30, 2015 <br />Investment earnings, <br />$671,363 <br />Grants and contributions <br />not restricted to specific <br />programs, $19,506,423 <br />Other taxes, $28,842,905 <br />Property taxes, <br />$237,217,225 <br />Other, $8,364,894 <br />Charges for services, <br />$44,731,966 <br />Operating grants and <br />contributions, <br />$47,406,704 <br />Capital grants and <br />contributions, <br />$29,621,907 <br />Business -type activities. Business -type activities increased the County's net position by $6,432 <br />versus an increase of $102,154 in the prior year. Expenses for health, education and welfare <br />account for all of the $561,813 of expenses which represents a 14 percent increase from the prior <br />year. Charges for services were $453,304, operating grants and contributions were $113,642 and <br />investment earnings were $1,299, which were all comparable to the prior year. <br />FINANCIAL ANALYSIS OF THE COUNTY'S FUNDS <br />As noted earlier, the County uses fund accounting to ensure and demonstrate compliance with <br />finance -related legal requirements. <br />Governmental funds. The focus of the County's governmental funds is to provide information <br />on near-term inflows, outflows, and balances of spendable resources. Such information is useful <br />in assessing the County's financing requirements. In particular, unrestricted fund balance may <br />serve as a useful measure of a government's net resources available for spending at the end of the <br />fiscal year. <br />As of the end of the current fiscal year, the County's governmental funds reported combined <br />ending fund balances of $160.6 million, a decrease of $44.4 million (22 percent) in comparison <br />with prior year. Approximately 44 percent of this total amount ($70.2 million) constitutes <br />unrestricted fund balance. The unrestricted portion of the fund balance is comprised of (1) $54.1 <br />million in committed fund balance, (2) $30.9 million in assigned fund balance and (3) negative <br />($14.8) million in unassigned fund balance. The remainder of the fund balance is divided between <br />$3.6 million in nonspendable fund balance for inventory and $86.8 million in restricted fund <br />balance. Approximately 91 percent of the total restricted fund balance is due to restrictions <br />relating to highways, streets and abandoned vehicles ($54.9 million) and debt service ($24.0 <br />million). <br />- 20 - <br />