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2020 2019 2018 2017 2016
<br />General revenues and other changes in net assets
<br />Governmental activities:
<br />Taxes:
<br />Property taxes 66,951,020$ 67,714,530$ 58,400,498$ 52,616,638$ 48,033,490$
<br />Sales and use taxes 36,264,329 28,454,859 25,233,175 24,825,685 23,513,420
<br />Franchise taxes - - - - -
<br />Other taxes 24,946,753 27,282,251 25,706,747 24,299,061 24,200,427
<br />Investment income (loss) 10,092,576 5,175,591 1,743,818 1,242,919 1,424,919
<br />Miscellaneous 187,438 208,943 295,538 332,294 199,510
<br />Transfers (5,420,878) (4,705,317) (6,390,848) (2,681,630) (3,453,013)
<br />Special item - Transfer of assets - - - - -
<br />Total governmental activities 133,021,238 124,130,857 104,988,928 100,634,967 93,918,753
<br />Business-type activities:
<br />Property taxes 447,594 409,989 331,225 213,553 157,417
<br />Investment Earnings 3,241,147 4,023,177 (2,094,124) 606,423 742,410
<br />Increase in investment in sewer authority 2,498,610 4,737,591 - - -
<br />Other - - 10,436 658 755
<br />Transfers 5,420,878 4,705,317 6,390,848 2,681,630 3,453,013
<br />Total business-type activities 11,608,229 13,876,074 4,638,385 3,502,264 4,353,595
<br />Total primary government 144,629,467$ 138,006,931$ 109,627,313$ 104,137,231$ 98,272,348$
<br />Change in net position
<br />Governmental activities 8,818,713$ 35,745,280$ (184,734)$ 5,505,082$ 9,438,721$
<br />Business-type activities 27,388,113 27,152,563 5,248,909 20,440,278 21,181,154
<br />Total primary government 36,206,826$ 62,897,843$ 5,064,175$ 25,945,360$ 30,619,875$
<br />Source: City of Redwood City, Finance Department
<br />Last Ten Fiscal Years
<br />(accrual basis of accounting)
<br />Fiscal Year
<br />City of Redwood City
<br />Changes in Net Position (Continued)
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