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ICITY OF MONTE VISTA, COLORADO
<br /> MANAGEMENT'S DISCUSSION AND ANALYSIS
<br /> 1 December 31,2011
<br /> 1 Table 2 provides a summary of the changes in net assets for the years 2010 and 2011. Additional information is
<br /> presented in the Statement of Activities.
<br /> I City of Monte Vista
<br /> Changes in Net Assets
<br /> I Governmental Activities Business-type Activities Total Government-wide
<br /> 2010 2011 2010 2011 2010 2011
<br /> Revenues
<br /> Program Revenues:
<br /> I Charges for services $ 374,307 $ 421,837 $ 1,621,402 $ 1,657,881 1,995,709 2,079,718
<br /> Operating Grants and Contributions 320,635 370,115 320,635 370,115
<br /> Capital Grants&Contributions 1,235,014 1,086,329 1,022,422 45,960 2,257,436 1,132,289
<br /> I General Revenues:
<br /> Taxes
<br /> General Property Taxes-net 335,530 335,687 - - 335,530 335,687
<br /> I Sales and use taxes 1,423,476 1,433,863
<br /> - 1,423,476 1,433,863
<br /> Franchise taxes 169,196 168,084 169,196 168,084
<br /> Other taxes 58,959 55,688 - - 58,959 55,688
<br /> Investment income 25,418 14,678 1,819 2,499 27,237 17,177
<br /> IMiscellaneous 79,160 76,422 1,640 1,146 80,800 77,568
<br /> Total Revenue $ 4,021,695 $ 3,962,703 $ 2,647,283 $ 1,707,486 $ 6,668,978 $ 5,670,189
<br /> I Expenses
<br /> General Government $ 701,365 $ 750,009 $ - $ $ 701,365 $ 750,009
<br /> Public Safety 1,116,503 1,107,089 - - 1,116,503 1,107,089
<br /> I Health and Welfare 76,666 94,029 - 76,666 94,029
<br /> Highway and Streets 547,833 719,587 547,833 719,587
<br /> Culture and Recreation 1,465,312 578,820 - - 1,465,312 578,820
<br /> I Urban Development 125,019 134,454 - 125,019 134,454
<br /> Interest on long term debt 160,770 155,250 160,770 155,250
<br /> City Service Utility - - 1,381,929 1,286,444 1,381,929 1,286,444
<br /> ITotal Expenses $ 4,193,468 $ 3,539,238 $ 1,381,929 $ 1,286,444 $ 5,575,397 $ 4,825,682
<br /> Increase in net assets before transfers $ (171,773) $ 423,465 $ 1,265,354 $ 421,042 $ 1,093,581 $ 844,507
<br /> I Transfers
<br /> Operating transfers 83,408 83,408 (83,408) (83,408)
<br /> PILT Transfers 158,165 158,165 (158,165) (158,165) - -
<br /> ITotal Transfers 241,573 241,573 (241,573) (241,573) - -
<br /> I Increase in Net Assets $ 69,800 $ 665,038 $ 1,023,781 $ 179,469 $ 1,093,581 $ 844,507
<br /> Net Assets 1/1/2011 $ 6,428,758 $ 6,498,558 $ 1,942,178 $ 2,965,959 $ 8,370,936 $ 9,464,517
<br /> INet Assets-12/31/2011 $ 6,498,558 $ 7,163,596 $ 2,965,959 $ 3,145,428 $ 9,464,517 $ 10,309,024
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