Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Changes in Net Assets
Last Eight Fiscal Years
TABLE 2
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2008-2009 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02
Business-type activities:
Charges for services:
Water 15,774,047 16,130,044 15,323,653 13,868,390 13,113,058 13,110,498 13,636,278 12,413,133
Solid waste management 21,631,313 18,842,702 18,766,107 17,097,813 15,704,667 14,598,362 14,622,424 13,252,431
Pier 3,518,145 3,107,349 3,081,338 2,693,200 2,717,162 2,563,783 2,275,873 2,339,948
Wastewater 13,751,588 12,797,786 12,472,073 11,175,051 11,376,456 11,004,692 10,768,475 9,877,135
Civic auditorium 2,975,749 3,117,033 2,789,196 2,608,759 2,474,609 2,279,508 2,229,724 2,225,713
Airport 3,989,851 4,279,268 3,992,190 3,862,455 3,706,719 3,527,460 2,962,153 2,705,373
Storm water management 1,885,142 1,301,350 1,376,672 1,610,715 1,439,149 1,355,903 1,825,026 2,741,931
Cemetery 1,009,595 1,080,532 735,718 665,398 650,484 445,327 396,638 686,153
Big Blue Bus 14,391,300 13,898,980 13,078,630 13,333,584 11,298,250 12,190,925 11,903,989 10,129,564
Cable communications (2) — — — — 798,984 747,063 664,318 490,471
Parking authority 149,200 145,600 141,600 138,100 1,612,705 1,457,952 1,370,445 1,221,853
141
Operating grants and contributions 34,203,607 32,188,569 31,723,528 32,297,732 29,638,114 24,671,943 22,455,902 20,782,963
Capital grants and contributions 53,209,039 20,030,403 12,185,518 19,061,484 17,318,761 7,943,966 26,497,439 22,614,054
Business-type activities program revenues 166,488,576 126,919,616 115,666,223 118,412,681 111,849,118 95,897,382 111,608,684 101,480,722
Total primary government program revenues 297,023,356 245,009,999 225,516,095 216,928,184 201,511,501 188,383,900 203,553,371 157,678,269
Net (expense):
Governmental activities (356,604,557) (268,619,507) (202,428,486) (194,869,809) (163,265,305) (154,835,738) (120,481,201) (150,500,084)
Business-type activities 21,674,792 (6,439,716) (18,110,584) (7,123,576) (6,746,591) (15,227,015) 7,194,937 4,033,231
Total primary government net expense (334,929,765) (275,059,223) (220,539,070) (201,993,385) (170,011,896) (170,062,753) (113,286,264) (146,466,853)
General Revenues and Other changes
in Net Assets
Governmental activities:
Taxes:
Business 28,821,688 26,211,226 24,232,707 21,775,442 20,384,372 19,249,942 18,963,761 32,574,841
Property 107,255,345 101,323,706 89,845,591 79,951,933 64,667,456 58,267,374 50,562,134 47,446,878
Sales 28,296,696 32,356,941 33,267,253 31,871,593 27,579,776 27,825,098 25,235,982 24,586,014
Other 76,146,388 81,762,203 77,036,651 71,788,854 67,203,194 65,196,019 60,661,614 61,092,973
Settlement income 89,910,872 1,012,863 69,153,512 6,453,804 4,545,498 73,978,421 — —
Other income 9,128,899 8,428,266 6,213,329 9,638,813 4,838,074 4,713,695 6,284,767 9,603,004
Investment earnings 16,198,386 22,021,977 25,505,798 11,995,355 10,289,600 3,645,712 5,737,648 26,130,810
Transfers (5,832,017) (2,815,040) (9,029,202) (8,394,702) (4,773,908) (9,257,834) (2,812,169) (27,454,859)
Total governmental activities 349,926,257 270,302,142 316,225,639 225,081,092 194,734,062 243,618,427 164,633,737 173,979,661
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