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7.1.A. - Page 38 , <br /> Management's Discussion and Analysis <br /> For the year ended June 30, 2014 <br /> in the amount of $0.4 million, and $2.7 million transfer from the parking fund to the capital outlay fund <br /> to reimburse expenses related to the culvert realignment for the Block 2 development project. <br /> Key elements of the increase /decrease in revenues for governmental activities are as follows: <br /> General governmental revenues increased by 8.8 %, or $6.9 million from FY 2012 -13 as all broad categories <br /> of general revenues increased, net of a loss on disposal of capital assets of $3.3 million. Within the broad <br /> categories, property taxes increased $3.3 million, sales taxes increased $1.5 million, transient occupancy <br /> taxes increased by $.7 million and investment earnings increased by $.7 million. <br /> Community development revenues increased due to developer contributions received pursuant to <br /> development agreements and increased building permit and plan checking revenue related to increased <br /> building activity in the City. Human services revenues decreased slightly due to a decrease in grant funded <br /> programs for Fair Oaks Community Center. Public safety revenues increased due to fees collected for fire <br /> services provided to the City of San Carlos through a new agreement implemented in the current fiscal <br /> year in which the City provides full fire services to the City of San Carlos. This increase was offset by a <br /> decrease in lease payments to refund bonds issued for construction of public safety facilities in the prior <br /> fiscal year. Transportation revenues increased due to the increase in traffic mitigation fees related to the <br /> Crossing 900 project, increased Measure A transportation grant revenue and an increase in gas tax <br /> revenues resulting from a one -time payment. Environmental support and protection revenues increased <br /> due to the receipt of contributions related to the exterior levee certification in Redwood Shores and <br /> increased assessments related to storm water collection and disposal in Redwood Shores. Leisure, cultural <br /> and information services decreased primarily due to the receipt of Parks Impact Fees in the prior year <br /> from the three large apartment construction projects. Policy, development and implementation revenue <br /> increased slightly due to reimbursement received from city of San Carlos for payroll processing services. <br /> Key elements of the increase /decrease in expenses for governmental activities are as follows: <br /> Total governmental activities expenses were up $8.9 million or 8.7% due to increases in public safety, <br /> transportation, environmental support and protection and leisure, cultural and information services offset <br /> by decrease in community development, human services, policy development and implementation and <br /> interest on long -term debt. <br /> Public safety expenses increased $8 million primarily due to the net added expense related to the fire <br /> services provided to the City of San Carlos in the amount of $4.6 million, $.9 million increase in workers' <br /> compensation costs, the reorganization in the police department in the amount of $.5 million, and <br /> increased employee costs. Transportation expenses increased slightly ($.2 million) due to increased street <br /> system maintenance expenses in the special gas tax fund. Environmental support and protection <br /> expenses increased $.75 million due to increased expenses related to street cleaning and storm drains. <br /> Leisure, cultural and information services increased by $1.2 million primarily due to a one -time payment <br /> of $.3 million for Bair Island Public Access for a bridge, increased library program expenses related to full <br /> staffing levels and increased costs associated with new technology ($.3 million), increased parks, <br /> recreation and community services expenses ($.3 million) related to middle school sports and increased <br /> community services program expenses related to the Special Needs program, and Red Morton playground <br /> improvement expenses ($.1 million). <br /> The aforementioned increases in governmental activities expenses were offset by a $.9 million decrease <br /> in community development expenses primarily related to a decrease in the Community Development <br /> 10 <br />