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CITY OF MYRTLE BEACH, SOUTH CAROLINA STATEMENT OF ACTIVITIES Year Ended June 30, 2010

Functions / Programs Primary Government: Governmental Activities: General Government Public Safety Transportation Community and Economic Development Culture and Recreation Public Works Interest and Fiscal Charges Total Governmental Activities

Business-Type Activities: Water Sewer Baseball Stadium Municipal Golf Course Solid Waste Management Total Business Type Activities

Total Primary Government

$

$

$

$

$

33,225,681

2,533,875

852,149

8,055,196

1,565,710

57,200

21,708,312

838,055

426,249

17,593,171

6,442,123

243,200

Charges for

Grants and

Expenses

Services

Contributions

12,376,562 $

11,955,128 $

12,434,859

9,392,479

761,567

30,056

1,885,640

1,078,862

4,092,051

3,714,977

31,550,679 $

26,171,502 $

Program Revenues Operating

12,243,661 $

2,428,261 $

$

$

134,984,281 $

1,578,798 $

39,979,526 $

$

1,578,798 $

1,568,038 9,039,543 103,433,602 $

13,808,024 $

Component Units: MB Downtown Redevelopment Corporation MB Convention Center Hotel Corporation Total Component Units

15,201,221

11,680,835

$

16,767,818 $

13,111,683 $

$

1,566,597 $

1,430,848 $

$

$

General Revenues: Property Taxes Local Accommodations Taxes Business License Taxes Franchise Taxes Hospitality Fee Taxes Local Option Tourism Taxes Grants and Contributions not Restricted to Specific Programs Investment Earnings Transfers Total General Revenues and Transfers

Change in Net Assets

Net Assets - Beginning

Net Assets - Ending

The accompanying notes are an integral part of the financial statements.

  • -

    14 -

Capital Grants and Contributions

238,477 6,649,087 9,455,094 951,246

17,293,904

2,699,330 2,087,631

4,786,961

22,080,865

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