Laserfiche WebLink
City of Centerville <br /> ABDO <br /> April 11, 1996 <br /> Page ,Six ICK <br /> CETITNED Pumc AcxxaNiAUn <br /> AND C.UNG]TANI <br /> Enterprise Funds <br /> Water Fund <br /> The results of the operations and cash position of the Water Fund the <br /> past three years are as follows: <br /> 1995 1994 1993 <br /> Charges for services $ 50 576 $ 48 129 $ 34 754 <br /> Operating expenses 27 985 32 585 26 953 <br /> Excess charges for services 22 591 15 544 $ 7 801 <br /> Cash balance, December 31 317 528 243 547 $236 115 <br /> In addition to charges for services of $50,576 in 1995, the City <br /> received other charges of $39,316. <br /> Sewer Fund <br /> The results of operations and cash position of the Sewer Fund the past <br /> three years are as follows: <br /> 1995 1994 1993 <br /> Charges for services $108 149 $102 216 $100 378 <br /> Operating expenses 152 533 118 874 136 493 <br /> Excess operating expenses 44 384) JL16 658) 36 115) <br /> Cash balance, December 31 629 776 587 245 552 507 <br /> In addition to charges for services of $108,149 in 1995, the City <br /> received other charges of $60,374. <br /> This report is intended solely for the use of management and council. The <br /> comments and recommendations in the report are purely constructive in nature, <br /> and should be read in this context. <br /> Our audit would not necessarily disclose all weaknesses in the system because <br /> it was based on selected tests of the accounting records and related data. <br /> If you have any questions or wish to discuss any of the items contained in <br /> this letter, please feel free to contact us at your convenience. We wish to <br /> thank you for the continued opportunity to be of service and for the courtesy <br /> and cooperation extended to us by your staff. <br /> f <br /> April 11, 1996 ABDO, �ABDO & EICK <br /> Minneapolis, Minnesota Certified Public Accountants <br />