City of Palm Desert Changes in Net Position (Continued) Last Ten Fiscal Years

(Accrual Basis of Accounting)

Expenses20202019201820172016
Governmental Activities:
General government24,297,71523,252,57618,467,09715,708,05414,836,881
Public safety37,286,86037,195,73236,543,05034,943,22034,009,984
Housing & Redevelopment8,802,2909,067,8589,605,75610,954,6308,162,859
Parks, recreation and culture7,651,0948,284,9148,240,1159,850,2009,223,126
Public works28,270,79814,836,33218,358,90714,892,14547,044,197
Library-----
Payments to other agencies-----
Interest on long term debt203,183231,228259,250271,603289,000
Total Governmental Activities Expenses106,511,94092,868,64091,474,17586,619,852113,566,047
Business-Type Activities:
Desert Willow Golf Course8,603,2438,700,5148,763,2208,243,5158,165,183
Office Complex - Parkview856,196874,753930,815893,1251,005,918
Total Business-Type Activities9,459,4399,575,2679,694,0359,136,6409,171,101
Total primary government expenses115,971,379102,443,907101,168,21095,756,492122,737,148
Program Revenues
Governmental Activities
Charges for services
General government2,343,1162,645,7242,388,2602,095,6482,185,123
Housing & Redevelopment8,446,5858,180,3547,551,7606,861,4507,029,595
Public safety16,429,81014,503,74110,801,43610,603,70810,606,464
Parks, recreation and culture532,543829,557821,824793,527772,801
Public works2,386,6352,762,0452,685,8312,327,5212,186,153
Operating grants & contributions10,416,28110,426,3978,555,8817,931,9009,496,520
Capital grants & contributions3,661,4874,016,1932,442,6217,710,35510,839,715
Total Governmental Activities Program Revenues44,216,45743,364,01135,247,61338,324,10943,116,371
Business-Type Activities
Charges for Service:
Desert Willow Golf Course7,099,9858,743,6548,432,2737,497,6647,240,866
Office Complex - Parkview1,311,1401,298,0661,250,4561,284,4621,280,230
Capital grants & contributions183,556504,217167,670605,186111,942
Total Business-type activities program revenue8,594,68110,545,9379,850,3999,387,3128,633,038
Total Primary Government program revenue52,811,13853,909,94845,098,01247,711,42151,749,409
Net (Expense) / Revenue
Governmental Activities(62,295,483)(49,504,629)(56,226,562)(48,295,743)(70,449,676)
Business-type activities(864,758)970,670156,364250,672(538,063)
Total Primary Government Net Expense(63,160,241)(48,533,959)(56,070,198)(48,045,071)(70,987,739)
General Revenues & Other Changes in Net Position
Governmental Activities:
Taxes: (Combined/Net Pass-through)45,210,47753,894,91750,150,65047,628,45444,747,151
Investment Earnings2,366,2043,170,6931,901,5361,041,2322,074,934
Contributions not restricted for specific purpose-----
Gain(loss) on sales of assets80,4907,45217,2742,14524,292
Miscellaneous1,355,1341,396,5141,573,1061,522,3631,828,677
Special Item (3)-(7,530,000)---
Transfers In / (Out)-300,000300,000300,000237,500
Gain on Transfer to Successor Agency/Extraordinary Gain (2)----72,138,669
Total Governmental Activities Net Revenues49,012,30551,239,57653,942,56650,494,194121,051,223
Business-Type Activities:
Investment Earnings159,115181,31074,87326,49424,924
Gain(loss) on sales of capital assets-87,365131,175--
Miscellaneous110,978----
Transfers Out-(300,000)(300,000)(300,000)(237,500)
Total Business-type activities270,093(31,325)(93,952)(273,506)(212,576)
Total primary government49,282,39851,208,25153,848,61450,220,688120,838,647
Change in Net Position
Governmental Activities:(13,283,178)1,734,947(2,283,996)2,198,45150,601,547
Business-Type Activities:(594,665)939,34562,412(22,834)(750,639)
Total primary government(13,877,843)2,674,292(2,221,584)2,175,61749,850,908

(1) On February 1, 2012 the State of California dissolved the City of Palm Desert Redevelopment Agency as part of the Statewide dissolution of all City Redevelopment Agencies, which in turn created the Successor Agency to the Redevelopment Agency of the City of Palm Desert.

(2) The City's Capital Properties Capital Project Fund received $65,566,963 and the Housing Asset Fund received $6,571,706 for a combined total of $72,138,669 of capital bond proceeds transferred from the Successor Agency.

(3) City established an allowance for advances owed by the Successor Agency.

Source: CITY Finance Department