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Urban Renewal Agency of the City of Eugene, Oregon <br />Statement of Activities <br />For the fiscal year ended June 30, 2008 <br />(amounts in dollars) <br />F~chibit 2 <br /> Net Expense <br /> and Changes <br /> Program Revenues in Net Assets <br /> Fees, <br /> Fines, and Operating Capital <br /> Charges for Grants and Grants and <br /> Expenses Services Contributions Contributions Total <br />Functions/Programs <br />Governmental activities: <br />Urban renewal redevelopment 4,345,963 292,438 0 1,196,114 (2,857,411) <br />Total governmental activities 4,345,963 292,438 0 1,196,114 (2,857,411) <br />General revenues: <br />Property taxes 4,460,882 <br />Unrestricted investment earnings 608,146 <br />Total general revenues 5,069,028 <br />Change in net assets 2,21 1,617 <br />Net assets, July 1, 2007 18,606,329 <br />Net assets, July 1, 2008 20,817,946 <br />The accompanying notes are an integral part of the financial statements. <br />14 <br />