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<br /> <br /> <br />After adjusting beginning net position due to the implemenation of GASB 68, the City’s total net position <br />for both governmental and business-type activities increased by $7.8 million during the current fiscal year. <br />Information about changes in net position is presented in the summary schedule below: <br /> <br /> <br />City of San Leandro <br />Changes in Net Activities <br />Year Ended June 30, 2015 <br />(in thousands) <br />% <br />Change <br />% <br />Change Total <br />% <br />Change <br />2015 2014 2015 2014 2015 2014 <br />Revenues <br />Program revenues: <br /> Charges for Services 16,063$ 14,990$ 7.2%16,879$ 15,635$ 8.0%32,942$ 30,625$ 7.6% <br /> Operating grants and 10,517 4,530 132.2%- - 0.0%10,517 4,530 132.2% <br /> contributions <br /> Capital grants and 8,039 10,010 -19.7%- - 0.0%8,039 10,010 -19.7% <br /> contributions <br />General revenues: <br /> Property taxes 18,898 18,514 2.1%- - 0.0%18,898 18,514 2.1% <br /> Sales tax 32,948 29,098 13.2%- - 0.0%32,948 29,098 13.2% <br /> Franchise Fee 4,845 4,582 5.7%- - 0.0%4,845 4,582 5.7% <br /> Utility users Tax 10,359 10,158 2.0%- - 0.0%10,359 10,158 2.0% <br /> Property Transfer Tax 4,112 3,282 25.3%- - 0.0%4,112 3,282 25.3% <br /> 911 communication 2,974 2,804 6.1%- - 0.0%2,974 2,804 6.1% <br /> Access Tax - - <br /> Motor Vehicle License Fees 36 37 -2.9%- - 0.0%36 37 -2.9% <br /> Other taxes 734 653 12.4%477 417 14.4% 1,211 1,070 13.2% <br /> Investment Earnings 1,192 1,255 -5.0%260 265 -2.0% 1,452 1,520 -4.5% <br /> Gain or loss on sale of assets 7 16 -56.9%- - 0.0%7 16 -56.9% <br /> Extraordinary Items - - 0.0%- - 0.0%- - 0.0% <br /> Miscellaneous 825 515 60.2%269 251 7.0%1,094 766 42.8% <br />Total Revenues 111,549 100,443 11.1% 17,884 16,568 7.9%129,434 117,012 10.6% <br />E xpenses <br /> General Government 10,897 11,609 -6.1%- - 0.0%10,897 11,609 -6.1% <br /> Public safety 47,989 47,180 1.7%- - 0.0%47,989 47,180 1.7% <br /> Engineering & Transportatio 30,567 31,713 -3.6%- - 0.0%30,567 31,713 -3.6% <br /> Recreation and Culture 11,667 11,787 -1.0%- - 0.0%11,667 11,787 -1.0% <br /> Community Development 5,705 5,389 5.9%- - 0.0%5,705 5,389 5.9% <br /> Interest on Long-Term Debt 2,156 2,097 2.8%- - 0.0%2,156 2,097 2.8% <br /> Water Pollution Control - - 0.0%8,803 7,978 10.3% 8,803 7,978 10.3% <br /> Shoreline - - 0.0%1,692 1,922 -12.0% 1,692 1,922 -12.0% <br /> Storm Water Utility - - 0.0%1,105 1,078 2.5%1,105 1,078 2.5% <br /> Environmental Services - - 0.0%1,020 1,027 -0.6% 1,020 1,027 -0.6% <br />Total Expenses 108,981 109,775 -0.7% 12,620 12,006 5.1%121,601 121,781 -0.1% <br />Excess(deficiency)of revenues <br /> over expenses before transfe 2,568 (9,332) -127.5% 5,264 4,563 15.4% 7,833 (4,769) -264.2% <br />Transfer - - 0.0%- - 0.0%- - 0.0% <br />Increase in net position 2,568 (9,332) -127.5% 5,264 4,563 15.4% 7,833 (4,769) -264.2% <br />Beginning net position 132,650 277,388 -52.2% 39,850 47,982 -16.9% 172,500 325,370 -47.0% <br />Ending net position 135,218$ 268,056$ -49.6% 45,115$ 52,545$ -14.1% 180,333$ 320,601$ -43.8% <br />Governmental Activities Business-T ype Activities <br />10