City of Oakwood, Ohio

Statement of Activities

For the Fiscal Year Ended December 31, 2024

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	Expenses	Program Revenues			Net (Expense) Revenue and Changes in Net Position
		Charges for	Operating Grants	Capital Grants	Governmental	Business-Type	Total
		Services and Sales	and Contributions	and Contributions	Activities	Activities
Governmental Activities:
General Government	$3,928,744	$387,457	$451,163	$0	($3,090,124)	$0	($3,090,124)
Public Safety	7,487,977	333,454	0	40,000	(7,114,523)	0	(7,114,523)
Community Environment	1,296,116	1,237,136	0	0	(58,980)	0	(58,980)
Leisure Time Activities	1,850,569	578,054	0	0	(1,272,515)	0	(1,272,515)
Transportation and Street Repair	2,695,206	0	724,653	0	(1,970,553)	0	(1,970,553)
Public Health and Welfare	201,344	42,182	1,751	0	(157,411)	0	(157,411)
Total Governmental Activities	17,459,956	2,578,283	1,177,567	40,000	(13,664,106)	0	(13,664,106)
Business-Type Activities:
Water	1,412,515	1,803,461	0	0	0	390,946	390,946
Sanitary Sewer	2,195,682	2,309,894	0	0	0	114,212	114,212
Stormwater	305,428	467,149	0	0	0	161,721	161,721
Total Business-Type Activities	3,913,625	4,580,504	0	0	0	666,879	666,879
Totals	$21,373,581	$7,158,787	$1,177,567	$40,000	(13,664,106)	666,879	(12,997,227)

General Revenues:
Income Taxes					12,014,596	0	12,014,596
Property Taxes Levied for:
General Purposes					2,106,240	0	2,106,240
Grants and Entitlements, Not Restricted					1,627,229	0	1,627,229
Investment Earnings					762,874	158,788	921,662
Other Revenues					215,274	13,768	229,042
Total General Revenues and Transfers					16,726,213	172,556	16,898,769

Change in Net Position					3,062,107	839,435	3,901,542

Net Position-Beginning of Year, As Previously Reported					43,580,575	7,725,269	51,305,844
Change in Accounting Principal					(1,055,703)	(100,373)	(1,156,076)
Net Position-Beginning of Year, As Restated					42,524,872	7,624,896	50,149,768

Net Position - End of Year					$45,586,979	$8,464,331	$54,051,310