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Item 3C: Adoption of Resolution Acknowledging Receipt of the FY10 CAFR
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Item 3C: Adoption of Resolution Acknowledging Receipt of the FY10 CAFR
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1/7/2011 4:51:22 PM
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1/11/2011
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The next chart shows the percent of the total for each source of revenue supporting governmental activities. <br />Governmental Activities <br />Revenues by Source <br />Taxes <br />Fees, fines, and charges for services <br />7.6% <br />6.7% <br />4.7% <br />Operating grants and contributions <br />4.7% <br />16.6% <br />1.8% <br />1.0% <br />Contributions in lieu of taxes <br />Capital grants and contributions <br />Franchise fees on telecom providers <br />56.9% <br />revenues <br />Grants and contributions not restricted to <br />specific programs <br />Unrestricted investment earnings <br />Business-type activities. <br /> Business-type activities increased the City’s net assets by $11.6 million before transfers. <br />The increase was primarily driven by: <br /> Capital grants and contributions increased $10.1 million during the year, primarily due to a $13.3 million <br />increase in Federal Aviation Administration grants. <br />The following chart compares program revenues to expenses by individual business-type activity for the current year. <br />In comparison to governmental activities, business-type activities typically recover their costs through program <br />revenues. In the current year, several of the business-type activities experienced lower than anticipated program <br />revenue. <br />
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