Reso 2020-033 CAFR for Fiscal Year Ended June 30, 2019

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Shoreline Enterprise Fund The Shoreline Enterprise Fund was established in 2002-03 by combining the Marina Enterprise and the Golf Course Enterprise Funds. The Fund accounts for the operation of recreational berthing, food service facilities, and the public golf course. As of June 30, 2019, the Fund's net position totaled $2.8 million, an increase of $1.7 million or 165.1 %. Net position for the prior year was $1.1 million. This increase of $1.7 million is due to increased investment income and transfer in. Non -major Enterprise Funds The City's non -major enterprise funds include Storm Water and Environmental Services. Year, over year, ending net position for non -major enterprise funds decreased by 16.4%, or $0.2 million, due to decrease or loss in the Storm Water Fund of $0.3 million and an increase of $0.1 million in the Environment Services Fund. More information about these aggregate non -major enterprise funds can be found in the combining statements following the required supplementary information. 14