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6.1.D. - Page 36 <br />Management's Discussion and Analysis <br />For the fiscal year ended June 30, 2016 <br />Changes in City's Net Position (in Millions) <br />Governmental Business -type <br />95.747 <br />Activities Activities <br />1.425 <br />2016 2015 2016 2015 <br />Revenues <br />$ $ $ $ <br />Program revenues: <br />Total revenues <br />Community development <br />9.616 7.631 <br />Human Services <br />0.477 <br />Public safety <br />8.882 9.064 <br />Transportation <br />7.970 10.288 <br />Environmental support and protection <br />1.562 1.745 <br />Leisure, cultural and information services <br />10.486 13.222 <br />Policy development and implementation <br />2.405 2.735 <br />Water <br />Sewer <br />Pa rki ng <br />Port of Redwood City <br />Docktown Marina <br />General revenues: <br />Taxes/special assessments <br />95.747 <br />Investment earnings <br />1.425 <br />Gain (loss) on sale ofcapital assets <br />1.673 <br />Other <br />0.199 <br />Total revenues <br />138.292 <br />Expenses <br />62.454 <br />Community development <br />10.472 <br />Human services <br />1.673 <br />Public safety <br />65.192 <br />Transportation <br />13.001 <br />Environmental support and protection <br />3.524 <br />Leisure, cultural and information services <br />25.393 <br />Policy development and implementation <br />6.122 <br />Interest on long term debt <br />0.023 <br />Water <br />Sewer <br />7.044 <br />Parking <br />Port of Redwood City <br />0.023 <br />Docktown Marina <br />-41.026% <br />Total expenses <br />125.400 <br />Change in net position before transfers 12.892 <br />Tra ns fe rs (3.453) <br />Change in net position 9.439 <br />Net position -July 1, as restated 150.253 <br />Net position -June 30 159.692 <br />GOVERNMENTAL ACTIVITIES <br />90.284 <br />1.055 <br />1.315 <br />1.278 <br />139.094 <br />9.592 <br />1.486 <br />62.454 <br />12.945 <br />2.723 <br />23.747 <br />7.044 <br />0.039 <br />120.030 <br />19.064 <br />(0.022) <br />19.042 <br />131.211 <br />150.253 <br />38.228 37.083 <br />45.533 29.837 <br />2.402 2.020 <br />6.863 6.722 <br />0.664 0.681 <br />2016 <br />9.616 <br />8.882 <br />7.970 <br />1.562 <br />10.486 <br />2.405 <br />38.228 <br />45.533 <br />2.402 <br />6.863 <br />0.664 <br />0.157 0.124 95.904 <br />0.742 0.587 2.167 <br />0.001 0.002 0.200 <br />94.590 77.056 232.882 <br />Total <br />2015 Variance <br />7.631 26.012% <br />0.477 -100.000% <br />9.064 -2.008% <br />10.288 -22.531% <br />1.745 -10.487% <br />13.222 -20.693% <br />2.735 -12.066% <br />37.083 3.088% <br />29.837 52.606% <br />2.020 18.911% <br />6.722 2.098% <br />0.681 -2.496% <br />90.408 6.079% <br />1.642 31.973% <br />1.315 <br />1.280 -84.375% <br />216.150 7.741% <br />Governmental activities prior to transfers increased the City's net position by $12.89 million. Including <br />transfers, governmental activities net position increased $9.44 million. Transfers out of governmental <br />activities and into business -type activities during FY 2015-16 consisted of the transfer out of the General <br />Fund to the Docktown Marina fund of $3.004 million to cover litigation settlement expenses, transfer out <br />E <br />10.472 <br />9.592 <br />9.174% <br />1.673 <br />1.486 <br />12.584% <br />65.192 <br />62.454 <br />4.384% <br />13.001 <br />12.945 <br />0.433% <br />3.524 <br />2.723 <br />29.416% <br />25.393 <br />23.747 <br />6.931% <br />6.122 <br />7.044 <br />-13.089% <br />0.023 <br />0.039 <br />-41.026% <br />33.505 <br />30.937 <br />33.505 <br />30.937 <br />8.301% <br />34.346 <br />22.082 <br />34.346 <br />22.082 <br />55.538% <br />3.006 <br />2.916 <br />3.006 <br />2.916 <br />3.086% <br />5.179 <br />5.232 <br />5.179 <br />5.232 <br />-1.013% <br />0.826 <br />0.763 <br />0.826 <br />0.763 <br />8.257% <br />76.862 <br />61.930 <br />202.262 <br />181.960 <br />11.157% <br />17.728 <br />15.126 <br />30.620 <br />34.190 <br />-10.442% <br />3.453 <br />0.022 <br />21.181 <br />15.148 <br />30.620 <br />34.190 <br />-10.442% <br />215.192 <br />200.044 <br />365.445 <br />331.255 <br />10.321% <br />236.373 <br />215.192 <br />396.065 <br />365.445 <br />8.379% <br />Governmental activities prior to transfers increased the City's net position by $12.89 million. Including <br />transfers, governmental activities net position increased $9.44 million. Transfers out of governmental <br />activities and into business -type activities during FY 2015-16 consisted of the transfer out of the General <br />Fund to the Docktown Marina fund of $3.004 million to cover litigation settlement expenses, transfer out <br />E <br />