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<br />CITY OF ARDEN HILLS, MINNESOTA I
<br /> ENTERPRlSE FUNDS
<br />COMBINING STATEMENT OF REVENUE, EXPENSES AND CHANGES IN RETAINED EARNINGS I
<br /> YEAR ENDED DECEMBER 31. 2001 .
<br />(With comparative totals for the year ended December 31, 2000)
<br /> Surface I
<br /> Water
<br /> Water Sewer Recycling Management
<br />OPERATING REVENUE I
<br />Charges for services $ 1,150,098 $ 967.889 $ 54,423 $ 189,976
<br />Pemtit fees 3,689 560
<br />Miscellaneous 23,247 20,804 645
<br />TOTAL OPERATING REVENUE 1,177,034 989,253 54,423 190,621 I
<br />OPERATING EXPENSES
<br />Personal services 152,251 140,264 1,805 22,669 I
<br />Supplies and maintenance 61,059 106,792 250 535
<br />Other servjces and charges 121,305 53,919 6,653 26,972
<br />Rent 15,750 15,750 I
<br />Insurance 13,785 13,785
<br />Utilities 11,928 22,872
<br />Purchased services 18,319 4,682
<br />Purchased water 586,675 I
<br />Recycling charges 58,260
<br />Sewer charges 522,553
<br />Depreciation 85,739 100,629 9,927
<br />TOTAL OPERATING EXPENSES 1,066,811 981.246 66,968 60,103 I
<br />OPERATING INCOME (LOSS) 110,223 8,007 (12,545) 130,518 .1
<br />NONOPERATING REVENUE
<br />Community development block grant 51,305
<br />County recycling grant 19,418 I
<br />Interest on investments 72.298 82,000 3,936 28,096
<br />TOTAL NONOPERATING REVENUE 123,603 82,000 23,354 28,096
<br />NET INCOME BEFORE OPERATING TRANSFERS 233,826 90,007 10,809 158,614 I
<br />OPERATING TRANSFER OUT
<br />NET INCOME 233,826 90,007 10.809 158,614 I
<br />CREDIT ARlSING FROM REDISTRIBUTION OF
<br />DEPRECIATION ON CONTRIBUTED ASSETS 49,432 56,579 I
<br />INCREASE IN RETAINED EARNINGS 283,258 146,586 10,809 158,614
<br />RETAINED EARNINGS, JANUARY 1 1,570.074 1,933,288 57.614 371,478 I
<br />RETAINED EARNINGS, DECEMBER 31 $ 1,853,332 $ 2,079,874 $ 68,423 $ 530,092
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