Page 199 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

Table 3

Fiscal Year
2013 2012 2011 2010 2009
Net (Expense)/Revenue
Governmental activities $ (142,437,553) $ (151,109,119) $ (143,751,275) $ (124,441,110) $ (150,533,935)
Business-type activities 7,869,966 (867,908) 8,643,620 21,405,035 (1,414,263)
Total primary government expense $ (134,567,587) $ (151,977,027) $ (135,107,655) $ (103,036,075) $ (151,948,198)

General Revenues and Other Changes in Net Position
Governmental activities:
Taxes
Property taxes $ 106,788,582 $ 100,684,658 $ 101,095,371 $ 100,076,751 $ 98,208,818
Sales taxes 29,756,682 29,472,383 26,862,502 27,234,010 28,630,607
Gross receipt taxes 239,909 229,864 229,828 170,888 163,386
Occupancy taxes 559,261 533,214 480,000 435,758 480,226
Beer and wine excise-state 937,270 998,021 1,036,067 325,842 1,009,971
Telecommunications sales tax (3) - - - - -
Utilities sales tax (3) - - - - -
Piped natural gas sales tax (3) - - - - -
Video programming tax (3) - - - - -
Franchise taxes (3) 14,677,580 14,161,273 14,350,645 14,349,799 14,019,735
Payments in lieu of taxes 195,035 201,035 170,581 182,088 170,550
ABC store allocations 1,152,220 1,082,666 860,254 885,644 970,526
Federal bond interest subsidy 280,368 293,118 278,339 34,077 -
Hold harmless 1,985,802 2,336,010 2,694,521 2,692,978 1,958,533
Investment income (loss) 1,738,118 928,392 2,208,097 3,229,964 (450,329)
Transfers
Government-wide (5,185,574) (3,645,197) (1,041,566) (2,157,520) 3,135,376
Fiduciary funds (8,500,000) - - - -
Total governmental activities expenses 144,625,253 147,275,437 149,224,639 147,460,279 148,297,399
Business-type activities:
Property taxes - - - - -
Investment income (loss) 11,381,805 17,666 16,330,379 11,904,425 (12,548,089)
Transfers
Government-wide 5,185,574 3,645,197 1,041,566 2,157,520 (3,135,376)
Total business-type activities expenses 16,567,379 3,662,863 17,371,945 14,061,945 (15,683,465)
Total primary government 161,192,632 150,938,300 166,596,584 161,522,224 132,613,934
Change in Net Position
Governmental activities 2,187,700 (3,833,682) 5,473,364 23,019,169 (2,236,536)
Business-type activities 24,437,345 2,794,955 26,015,565 35,466,980 (17,097,728)
Total primary government program revenues $ 26,625,045 $ (1,038,727) $ 31,488,929 $ 58,486,149 $ (19,334,264)

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