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<br />Revenues:2018 2017 2018 2017 2018 2017
<br /> Program revenues:
<br /> Fees, fines, and charges for services $ 42,481,811 42,310,146 74,834,245 69,339,639 117,316,056 111,649,785
<br /> Operating grants and contributions 15,724,068 15,461,691 452,897 914,402 16,176,965 16,376,093
<br /> Capital grants and contributions 8,461,914 30,467,560 11,059,636 12,747,075 19,521,550 43,214,635
<br /> General revenues:
<br /> Taxes 126,155,262 123,061,023 0 0 126,155,262 123,061,023
<br /> Grants and contributions not restricted
<br /> to specific programs 5,733,521 4,568,586 0 0 5,733,521 4,568,586
<br /> Contributions in lieu of taxes 13,227,794 13,170,497 0 0 13,227,794 13,170,497
<br /> Franchise fees on telecom
<br /> providers revenues 11,286,127 12,423,650 0 0 11,286,127 12,423,650
<br /> Unrestricted investment earnings 3,334,383 1,195,391 253,145 144,731 3,587,528 1,340,122
<br /> Total revenues 226,404,880 242,658,544 86,599,923 83,145,847 313,004,803 325,804,391
<br />Direct expenses:
<br /> Central services 33,984,575 31,987,572 0 0 33,984,575 31,987,572
<br /> Fire and emergency medical services 34,507,024 32,570,300 0 0 34,507,024 32,570,300
<br /> Library, recreation, and cultural services 36,907,151 33,352,575 0 0 36,907,151 33,352,575
<br /> Planning and development 18,337,122 18,622,219 0 0 18,337,122 18,622,219
<br /> Police 57,810,827 57,362,278 0 0 57,810,827 57,362,278
<br /> Public works 40,674,094 38,130,173 0 0 40,674,094 38,130,173
<br /> Interest on long-term debt 3,456,197 3,860,425 0 0 3,456,197 3,860,425
<br /> Ambulance transport 0 0 10,395,356 9,321,739 10,395,356 9,321,739
<br /> Municipal airport 0 0 15,868,106 15,401,495 15,868,106 15,401,495
<br /> Parking services 0 0 6,725,438 5,659,861 6,725,438 5,659,861
<br /> Stormwater utility 0 0 17,420,308 16,966,379 17,420,308 16,966,379
<br /> Wastewater utility 0 0 26,813,149 26,182,452 26,813,149 26,182,452
<br /> Total direct expenses 225,676,990 215,885,542 77,222,357 73,531,926 302,899,347 289,417,468
<br />Indirect expense allocation*(4,199,000) (4,099,000) 4,199,000 4,099,000 0 0
<br /> Total expenses 221,477,990 211,786,542 81,421,357 77,630,926 302,899,347 289,417,468
<br />Change in net position before transfers 4,926,890 30,872,002 5,178,566 5,514,921 10,105,456 36,386,923
<br />Transfers 528,264 1,555,246 (528,264) (1,555,246)0 0
<br />Change in net position after transfers 5,455,154 32,427,248 4,650,302 3,959,675 10,105,456 36,386,923
<br />Net position July 1 551,543,694 519,116,446 259,894,070 255,934,395 811,437,764 775,050,841
<br />Change in accounting principle (11,685,343)0 (3,338,397)0 (15,023,740)0
<br />Prior period adjustment 0 0 (534,937)0 (534,937)0
<br />Net position July 1, as restated 539,858,351 519,116,446 256,020,736 255,934,395 795,879,087 775,050,841
<br />Net position June 30 $ 545,313,505 551,543,694 260,671,038 259,894,070 805,984,543 811,437,764
<br />* The direct expenses above do not include the indirect expense allocation that is reported in the Statement of Activities (Exhibit 2).
<br />City of Eugene's Changes in Net Position
<br />Governmental Activities Business-type Activities Total
<br />
<br />Governmental activities. The change in net position for governmental activities before transfers decreased by $25.9 million.
<br />The decrease was driven by:
<br />
<br /> Revenues decreased by $16.3 million, primarily due to a decrease of $22.0 million in capital contributions offset by
<br />increases in investment earnings and property taxes of $2.1 million and $3.1 million, respectively. In FY17, the City
<br />recognized $24.0 million in contributions stemming from the completion of the West Eugene EMX project.
<br /> Direct expenses increased by $9.8 million in total. The increase was spread across all departments with Library,
<br />Recreation and Cultural Services and Public Works having the largest increases of $3.6 million and $2.5 million,
<br />respectively.
<br />This next chart compares revenues and expenses for the individual governmental activities for the current year.
<br />
<br />20
<br />December 10, 2018, Meeting - Item 2D
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