City of Eugene's Changes in Net Assets <br />Revenues: <br />Program revenues: <br />Fees, fines, and charges for services $ <br />Operating grants and contributions <br />Capital grants and contributions <br />General revenues: <br />Taxes <br />Grants and contributions not restricted <br />to specific programs <br />Contributions in lieu of taxes <br />Franchise fees on telecom providers revenues <br />Unrestricted investment earnings <br />Total revenues <br />Expenses: <br />Central services <br />Fire and emergency medical services <br />Library, recreation, and cultural services <br />Planning and development <br />Police <br />Public works <br />Interest on long-term debt <br />Ambulance transport <br />Municipal airport <br />Parking services <br />Stormwater utility <br />Wastewater utility <br />Total expenses <br />Increase in net assets before transfers <br />Transfers <br />Increase in net assets after transfers <br />Net assets, July 1, as restated (Note 5H) <br />Net assets, June 30 <br />Governmental Activities Business-type Activities <br />2008 2007 2008 2007 <br />32,873,706 33,719,686 <br />18,105, 379 17, 572, 724 <br />7,820,036 14,581,532 <br />88,815,551 93,560,267 <br />48,562,606 46,260,690 <br />1,005,229 1,025,293 <br />9,286,521 11,140,197 <br />0 0 <br />3,308,742 2,926,084 <br />11,446, 537 11,913,379 <br />8,870,285 8,389,156 <br />6,221,900 6,697,857 <br />177,462,136 189,360,685 <br />8,705,558 14,074,704 <br />27,597,155 25,625,315- <br />27,418,613 28,318,253 <br />21,760,065 20,368,626 <br />46,876,021 44,649,822 <br />29,077,493 26,796,673 <br />6,635,966 7,296,131 <br />0 0 <br />0 0 <br />0 0 <br />0 0 <br />0 0 <br />168,070,871 167,129, 524 <br />9,391,265 22,231,161 <br />3,230,406 (1,295,320) <br />12,621,671 20, 935,841 <br />470,656,988 449,721,147 <br />$ 483,278,659 470,656,988 <br /> <br />0 <br />0 <br />0 <br />1,035,204 <br />59,889,560 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />5,971,282 <br />9,910,114 <br />4,249,563 <br />11,272,132 <br />19,969,122 <br />51,372,213 <br />8,517,347 <br />(3,230,406) <br />5,286,941 <br />258,885,813 <br />264,172,754 <br />0 <br />0 <br />0 <br />1,168,535 <br />59,594,715 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />5,570,868 <br />9,506,496 <br />4,194,549 <br />10,533,696 <br />20,164,583 <br />49,970,192 <br />9,624,523 <br />1,295,320 <br />10,919,843 <br />247,965,970 <br />258,885,813 <br />Total <br />2008 2007 <br />81,436,312 79,980,376 <br />19,110, 608 18, 598, 017 <br />17,106,557 25,721,729 <br />88, 815, 551. 93, 560, 267 <br />3,308,742 2,926,084 <br />11,446, 537 11, 913, 379 <br />8,870,285 8,389,156 <br />7,257,104 7,866,392 <br />237,351,696 248,955,400 <br />8,705,558 14,074,704 <br />27,597,155 25,625,315 <br />27,418,613 28,318,253 <br />21,760,065 20,368,626 <br />46,876,021 44,649,822 <br />29,077,493 26,796,673 <br />6,635,966 7,296,131 <br />5,971,282 5,570,868 <br />9,910,114 9,506,496 <br />4,249,563 4,194,549 <br />11,272,132 10,533,696 <br />19,969,122 20,164,583 <br />219,443,084 217,099,716 <br />17,908,612 31,855,684 <br />0 0 <br />17,908,612 31,855,684 <br />729, 542, 801 697, 687;117 <br />747,451,413 729,542,801 <br />Expenses above include the indirect expenses as allocated in Exhibit 2 of the basicfinancial statements. <br />Governmental activities. The change in governmental activities before transfers decreased from $22.2 million in the <br />prior year to $9.4 million in the current year. The. decrease of $12.8 million between the two years was driven by the <br />following factors: <br />• Capital grants and contributions decreased $6.8 million during the year, primarily due to a $6.4 million decrease <br />in contributed transportation infrastructure stemming from the development of new residential areas within the <br />City limits. <br />• Taxes decreased $4.7 million, as a result of the expiration of the Youth acid Schools Services Levy and a <br />reduction in the Library: Local Option Levy amount. <br />This next chart compares program revenues and expenses for the individual governmental activities for the current <br />year. As the chart reflects, most governmental activities relied on general revenues to support the function. <br />18 <br />