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01-22-2024 CC Agenda Packet
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01-22-2024 CC Agenda Packet
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1/19/2024 11:10:13 AM
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1/18/2024 5:49:27 PM
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<br /> <br />Business-type Activities. Business-type activities increased the City’s net position, as shown in the changes in net <br />position table. <br /> <br />• Charges for services for business-type activities increased due to an increase in water, sewer, and stormwater <br />sales. <br /> <br />• Operating grants and contributions for business-type activities increased due to an increase in federal grants in <br />the Water Fund. <br /> <br />• Total expenses for business-type activities increased due to an increase in personnel services for both the Water <br />and Sewer Fund and an increase in MCES (Metropolitan Council Environmental Services) expenses in the Sewer <br />Fund. <br /> <br />Expenses and Program Revenues - Business-type Activities <br /> $- <br /> $500,000 <br /> $1,000,000 <br /> $1,500,000 <br /> $2,000,000 <br /> $2,500,000 <br />Water Sewer Storm Water Recycling Cable Television <br />Expenses Program Revenues <br /> Revenues by Source - Business-type Activities <br />Charges for <br />Services <br />93.30% <br />Capital Grants and <br />Contributions <br />0.8% <br />Unrestricted <br />Investment <br />Earnings (Loss) <br />-4.5% <br /> <br />27 73
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