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Government -Wide Financial Analysis <br />Net Position <br />As of December 31, 2014, the City's assets and deferred outflow of resources exceeded its <br />liabilities and deferred inflow of resources by $214.3 million (Figure 3). This amounts to an <br />increase in combined net position of $11.8 million, or 5.8%, from 2013 to 2014. The largest <br />portion of the City's net position (77%) reflects its investment in capital assets (e.g., land, <br />buildings, machinery, and equipment), less any related debt used to acquire those assets that is <br />still outstanding. The City uses these capital assets to provide services to citizens; <br />consequently, these assets are not available for future spending. Although the City's <br />investment in its capital assets is reported net of related debt, it should be noted that the <br />resources needed to repay this debt must be provided from other sources, since the capital <br />assets themselves cannot be used to liquidate these liabilities. <br />Figure 3 <br />Schedule of Net Position <br />(millions) <br />Current & Other Assets <br />Capital Assets - Net <br />Total Assets <br />Long -Term Debt Outstanding <br />Other Liabilities <br />Total Liabilities <br />Total Deferred Inflows of <br />Resources <br />Net Position: <br />Net Investment in <br />Capital Assets <br />Restricted <br />Unrestricted <br />Total Net Position <br />Governmental <br />Activities <br />Business -type Total <br />Activities Total % Of <br />2014 2013 <br />$ 27.9 $ 31.2 <br />100.3 94.7 <br />2014 2013 2014 2013 Change <br />$ 23.6 $ 21.9 $ 51.5 $ 53.1 -3.0% <br />83.9 74.4 184.2 169.1 8.9% <br />128.2 125.9 <br />107.5lr <br />96.3 235.7 <br />222.2 6.1 % <br />4.9 4.7 <br />2.9 2.1 <br />7.8 6.8 <br />8.1 8.8 <br />2.0 0.9 <br />10.1 9.7 <br />13.0 13.5 -3.7% <br />4.9 3.0 63.3% <br />17.9 <br />3.5 3.2 <br />3.5 3.2 <br />16.5 8.5% <br />3.5 3.2 9.4% <br />3.5 3.2 9.4% <br />95.5 90.9 76.0 65.8 171.5 156.7 9.4% <br />17.3 17.4 0.1 0.1 17.4 17.5 -0.6% <br />4.1 7.6 21.3 20.7 25.4 28.3 -10.2% <br />$ 116.9 $ 115.9 $ 97.4 $ 86.6 $ 214.3 $ 202.5 5.8% <br />Sales and use tax are the City's largest revenue source and account for 35% of all revenues <br />(Figure 4). Sales and use tax are the main funding source for the City's governmental activities. <br />Charges for services are the main funding source for the City's business -type activities and <br />account for 30% of all City revenue. The City's largest expenses come from business activities <br />that include water, wastewater, storm water, solid waste, and golf course services (Figure 5). <br />15 <br />