50 / 373
2j
(Continued)
2016
2015
2016
2015
2016
2015
Transfers
(3,650)
$
(6,040)
$
3,650
$
6,040
$
$ $
Change in Net Position
2,766
18,081
25,804
31,262
28,570
49,343
Beg. Net Position
356,660
358,391
667,402
639,290
1,024,062 997,681
Prior Period Adjustment
409
(19,812)
(3,150)
409 (22,962)
Restated
357,069
338,579
667,402
636,140
1,024,471
974,719
Ending Net Position
359,835
$
356,660
$
693,206
$
667,402
$
1,053,041
$
1,024,062
$
Governmental
Business-Type
Activities
Activities
Total
Table A-3
Summary of Financing/Interest Earnings - Governmental Activities
(In thousands of dollars)
FY 2016
FY 2015
$ Change
%Change
Interest Revenue
$2,437
$2,226
$211
9.5%
Interest Expense
5,354 5,583 (229)
-4.1%
Net
($2,917)
($3,357)
$440
13.1%
Summary of Financing/Interest Earnings - Business Activities
(In thousands of dollars)
FY 2016
FY 2015
$ Change
% Change
Interest Revenue
$1,963
$1,470
$493
33.5%
Interest Expense
4,102
5,057
(955)
-18.9%
Net
($2,139)
($3,587)
$1,448
40.4%
A. Governmental Activities
Governmental activities increased the City’s net position by approximately $2.8 million, down from
an approximate $18 million increase last year. Contributing to the decrease was increased spending
on public safety and transportation bond fund projects this year. The Internal Service Funds are
combined with governmental activities at the entity-wide level.