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CITY OF ARDEN HILLS,MINNESOTA '
<br /> ENTERPRISE FUNDS
<br /> COMBINING STATEMENT OF REVENUE,EXPENSES AND CHANGES IN RETAINED EARNINGS
<br /> YEAR ENDED DECEMBER 31,2000
<br /> (With comparative totals for the year ended December 31, 1999) •
<br /> Surface ,
<br /> Water
<br /> Water Sewer Recycling Management
<br /> OPERATING REVENUE
<br /> Charges for services $ 1,118,215 $ 967,914 $ 54,145 $ 190,233 ,
<br /> Permit fees 5,490 500 - -
<br /> Miscellaneous 18,882 30,354 - 591
<br /> SAC administration fee - 41,750 - - '
<br /> TOTAL OPERATING REVENUE 1,142,587 1,040,518 54,145 190,824
<br /> OPERATING EXPENSES '
<br /> Personal services 155,736 149,018 6,980 30,795
<br /> Supplies and maintenance 417,769 235,673 250 3,211
<br /> Other services and charges 69,534 76,001 6,887 4,296 '
<br /> Rent 15,300 15,300 - -
<br /> Insurance 16,739 16,739 - -
<br /> Utilities 7,184 21,814 - -
<br /> Purchased services 17,847 2 965
<br /> Purchased water 576,774 1,306 - -
<br /> Recycling charges - - 56,568 -
<br /> Sewer charges - 495,420 - - '
<br /> Depreciation 80,972 106,920 - 9,956
<br /> TOTAL OPERATING EXPENSES 1,357,855 1,118,193 71,650 48,258
<br /> OPERATING INCOME(LOSS) (215,268) (77,675) (17,505) 142,566
<br /> _"
<br /> NONOPERATING REVENUE
<br /> Community development block grant 148,695 - - -
<br /> County recycling grant - - 19,554 -
<br /> Interest on investments 76,951 93,689 3,825 17,224
<br /> TOTAL NONOPERATING REVENUE 225,646 93,689 23,379 17,224 '
<br /> NET INCOME BEFORE OPERATING TRANSFERS 10,378 16,014 5,874 159,790
<br /> OPERATING TRANSFER OUT (57,349) - - -
<br /> NET INCOME (46,971) 16,014 5,874 159,790 ,
<br /> CREDIT ARISING FROM REDISTRIBUTION OF
<br /> DEPRECIATION ON CONTRIBUTED ASSETS 49,432 56,579 - -
<br /> INCREASE IN RETAINED EARNINGS 2,461 72,593 5,874 159,790
<br /> RETAINED EARNINGS,JANUARY 1 1,567,613 1,860,695 51,740 211,688
<br /> RETAINED EARNINGS,DECEMBER 31 $ 1,570,074 $ 1,933,288 $ 57,614 $ 371,478 '
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