2011 Comprehensive Annual Financial Report - City of Moreno Valley

City of Moreno Valley
Statement of Activities
Year Ended June 30, 2011
Program Revenues
Operating Capital
Charges for Contributions Contributions
Expenses Services and Grants and Grants
Functions/Programs
Primary Government:
Governmental Activities:
General government $ 13,001,340 $ 5,008,441 $ 940,799 $
-
Public safety 59,640,431 2,787,962 1,009,290 534,771
Community development 10,003,780 4,911,984 5,769,165 20,180
Community and cultural 25,046,848 11,237,049 6,635,271 -
Public works 34,432,579 3,364,804 6,353,159 29,208,716
Interest on long-term debt 8,333,540 - - -
Total Governmental Activities 150,458,518 27,310,240 20,707,684 29,763,667
Business-Type Activities:
Electric 14,807,788 15,671,939 - -
Total Business-Type Activities 14,807,788 15,671,939 - -
Total Primary Government $ 165,266,306 $ 42,982,179 $ 20,707,684 $ 29,763,667
General Revenues:
Taxes:
Property taxes
Property taxes in lieu
Transient occupancy taxes
Sales taxes
Franchise taxes
Business licenses taxes
Utility users tax
Other taxes
Franchise in lieu taxes
Documentary transfer tax
Use of money and property
Miscellaneous
Gain on sale of capital asset
Transfers (note 7)
Total General Revenues and Transfers
Change in Net Assets
Net Assets at Beginning of Year
Restatement of Net Assets (note 10)
Net Assets at End of Year
See Notes to Financial Statements 16