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7.1.G. - Page 49 CITY OF REDWOOD CITY, CALIFORNIA <br /> STATEMENT OF ACTIVITIES <br /> FOR THE YEAR ENDED JUNE 30, 2013 <br /> Net (Expense) Revenue and <br /> Program Revenues Changes in Net Assets <br /> Operating Capital <br /> Overhead Charges for Grants and Grants and Governmental Business -Type <br /> Functions /Programs Expenses Charges Services Contributions Contributions Activities Activities Total <br /> $ $ $ $ $ $ $ $ <br /> Governmental Activities: <br /> Community development 9,090,251 4,651,706 1,338,676 13,078 (3,086,791) ($3,086,791) <br /> Human services 1,562,157 511,253 (1,050,904) (1,050,904) <br /> Public safety 51,355,424 3,131,805 1,073,790 1,845,984 (45,303,845) (45,303,845) <br /> Transportation 11,332,401 546,820 1,886,436 3,155,752 (5,743,393) (5,743,393) <br /> Environmental support and protection 1,978,264 17,834 1,335,544 21,182 (639,372) (639,372) <br /> Leisure, cultural and information services 21,525,075 23,661 2,827,087 1,821,264 7,633,541 (9,266,844) (9,266,844) <br /> Policy development and implementation 6,822,120 (791,463) 1,780,367 63,606 10,578 (4,176,106) (4,176,106) <br /> Interest on long term debt 314,022 (314,022) (314,022) <br /> Total Governmental Activities 103,979,714 (749,968) 14,273,329 6,716,207 12,658,933 (69,581,277) (69,581,277) <br /> Business -Type Activities: <br /> Water Utility Fund 30,693,527 430,332 33,167,498 34,696 2,078,335 2,078,335 <br /> Sewer Utility Fund 18,994,036 293,394 26,677,923 1,422,418 8,812,911 8,812,911 <br /> Parking Fund 2,404,117 26,242 1,366,984 (1,063,375) (1,063,375) <br /> Port of Redwood City 5,628,403 6,262,660 634,257 634,257 <br /> Docktown Marina 243,335 251,324 241,938 249,927 249,927 <br /> Total Business -Type Activities 57,963,418 749,968 67,726,389 34,696 1,664,356 10,712,055 10,712,055 <br /> Total 161,943,132 81,999,718 6,750,903 14,323,289 (69,581,277) 10,712,055 (58,869,222) <br /> General revenues: <br /> Taxes: <br /> Property taxes 38,379,963 104,081 38,484,044 <br /> Sales taxes 19,240,290 19,240,290 <br /> Franchise taxes 4,091,773 4,091,773 <br /> Property transfer taxes 599,316 599,316 <br /> Business license taxes 1,668,370 1,668,370 <br /> Utility users taxes 9,416,498 9,416,498 <br /> Transient occupancy taxes 4,526,424 4,526,424 <br /> Motor vehicle in lieu taxes 33,547 33,547 <br /> Investment Earnings 301,171 151,041 452,212 <br /> Other 1,069,894 4,792 1,074,686 <br /> Transfers (472,895) 472,895 <br /> Total general revenues and transfers 78,854,351 732,809 79,587,160 <br /> Change in Net Position 9,273,074 11,444,864 20,717,938 <br /> Net position- Beginning 272,889,750 182,600,631 455,490,381 <br /> Net position- Ending 282,162,824 194,045,495 476,208,319 <br /> See accompanying notes to financial statements <br /> 21 <br />