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City of Centerville <br />March 24, 2011 <br />Page 12 <br />Enterprise Funds <br />Water Fund <br />The results of the operations and cash position of the Water fund for the past three years are as follows: <br />200820092010 <br />PercentPercentPercent <br />TotalTotalTotal <br />Operating revenues$268,403100.0%$298,999100.0%$305,056100.0% <br />Operating expenses337,928125.9367,259122.8345,071113.1 <br />Operating loss(69,525)(25.9)(68,260)(22.8)(40,015)(13.1) <br />Nonoperating revenues 57,95221.649,51516.6175,70957.6 <br />Income (loss) before <br />contributions and transfers(11,573)(4.3)(18,745)(6.2)135,69444.5 <br />Capital contributions from <br />other funds/developers171,09463.7---- <br />Transfers out--(229,121)(77)-- <br />Change in net assets$159,52159.4%$(247,866)(82.8)%$135,69444.5% <br />Cash and temporary <br />investments$733,941$663,584$961,881 <br />$1,200,000 <br />$1,000,000 <br />$800,000 <br />$600,000 <br />$400,000 <br />$200,000 <br />$- <br />$(200,000) <br />$(400,000) <br />200820092010 <br />Operating revenuesOperating expenses <br />Nonoperating revenues Capital contributions from other funds <br />Change in net assetsCash and temporary investments <br />The cash balance has increasedover the prior yearmainly due to positive cash flow from operationsand an increase in <br />special assessment revenue.Rates are analyzed each year by staff.This is a good practiceand should be continued. <br /> <br />