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Comprehensive Annual Financial Report - City of Santa Monica

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CITY OF SANTA MONICA, CALIFORNIA<br />

Changes in Net Assets<br />

Last Eight Fiscal Years<br />

TABLE 2<br />

(continues from previous page)<br />

2008-2009 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02<br />

Business-type activities:<br />

Other income 4,162,283 3,421,837 4,111,407 6,028,516 3,352,205 4,239,895 2,592,307 3,654,116<br />

Investment earnings 4,227,595 4,489,611 7,439,759 2,673,080 4,007,045 2,090,273 2,224,559 7,697,118<br />

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<br />

Total business-type activities 14,221,895 10,726,488 20,580,368 17,096,298 12,133,158 15,588,002 7,629,035 38,806,093<br />

Total primary government 29,218,387 5,969,407 116,266,937 40,184,005 36,855,324 89,143,676 58,976,508 66,318,901<br />

Changes in net assets<br />

Governmental activities (6,678,300) 1,682,635 113,797,153 30,211,283 31,468,757 88,782,689 44,152,536 23,479,577<br />

Business-type activities 35,896,687 4,286,772 2,469,784 9,972,722 5,386,567 360,987 14,823,972 42,839,324<br />

Total primary government $ 29,218,387 5,969,407 116,266,937 40,184,005 36,855,324 89,143,676 58,976,508 66,318,901<br />

(1) Other expenses allocated to programs in FY 07-08.<br />

(2) Cable communications became a division <strong>of</strong> the <strong>City</strong> Managers Office in FY 05-06.<br />

142<br />

(3) $3,562 previously presented as Other.

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