SHERBURNE COUNTY
ELK RIVER, MINNESOTA
STATEMENT OF ACTIVITIES
YEAR ENDED DECEMBER 31, 2022
.
Program Revenues Net (Expenses) Revenues and Changes in Net Position
Operating Capital Primary Government
Charges for Grants and Grants and Governmental Business-type
Functions/Programs Expenses Services Contributions Contributions Activities Activities Total
Primary Government:
Governmental activities:
General government $ 27,283,098 $ 4,166,975 $ 6,065,554 $ - $ (17,050,569) $ - $ (17,050,569)
Public safety 29,658,533 4,170,957 2,653,837 - (22,833,739) - (22,833,739)
Highway 12,171,173 78,046 3,391,348 4,734,695 (3,967,084) - (3,967,084)
Sanitation 1,804,258 6,431,845 288,940 - 4,916,527 - 4,916,527
Human services 26,028,243 1,496,611 13,902,934 - (10,628,698) - (10,628,698))
Health 3,434,755 165,274 2,450,994 - (818,487) - (818,487)
Culture and recreation 2,127,988 43,811 743,463 - (1,340,714) - (1,340,714)
Conservation of natural resources 554,352 64,424 8,593 - (481,335) - (481,335)
Economic development 5,305,884 299,003 75,000 - (4,931,881) - (4,931,881)
Interest expense and fiscal charges
on long-term debt 1,166,853 - - - (1,166,853) - (1,166,853)
Total governmental activities $ 109,535,137 $ 16,916,946 $ 29,580,663 $ 1,309,538 $ (58,302,833) $ - $ (58,302,833)
Business-type activities:
Justice Center $ 20,345,870 $ 16,686,857 $ 926,945 $ - $ - $ (2,732,068) $ (2,732,068)
Total $ 129,881,007 $ 33,603,803 $ 30,507,608 $ 1,309,538 $ (58,302,833) $ (2,732,068) $ (61,034,901)
General revenues:
Property taxes $ 55,082,523 $ - $ 55,082,523
Sales tax 8,711,073 - 8,711,073
Wheelage tax 962,568 - 962,568
Intergovernmental, unrestricted 5,476,277 - 5,476,277
Investment earnings (10,395,319) - (10,395,319)
Gain on disposal of capital assets 42,253 - 42,253
Transfers 276,600 (276,600) -
Total general revenues and transfers $ 60,155,975 $ (276,600) $ 59,879,375
Change in net position $ 1,853,142 $ (3,008,668) $ (1,155,526)
Net position - January 1 349,132,254 16,449,218 365,581,472
Net position - December 31 $ 350,985,396$ 13,440,550 $ 364,425,946
See accompanying Notes to Basic Financial Statements