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CITY OF CENTERVILLE, MINNESOTA
<br /> STATEMENTS OF REVENUES, EXPENSES
<br /> AND CHANGES IN NET POSITION
<br /> PROPRIETARY FUNDS
<br /> FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011
<br /> Business -type Activities - Enterprise Funds
<br /> 601 602
<br /> Water Sewer
<br /> 2012 2011 2012 2011
<br /> OPERATING REVENUES
<br /> Charges for services $ 320,631 $ 277,217 $ 375,103 $ 337,785
<br /> OPERATING EXPENSES
<br /> Salaries and benefits 88,144 97,548 89,475 101,590
<br /> Supplies 17,606 16,462 1,611 1,222
<br /> Other services and charges 40,451 62,152 31,746 17,794
<br /> Utilities 16,683 15,144 2,985 3,197
<br /> MCES - disposal charges - - 189,237 195,880
<br /> Depreciation 186,637 181,878 118,738 118,927
<br /> TOTAL OPERATING EXPENSES 349,521 373,184 433,792 438,610
<br /> OPERATING INCOME (LOSS) (28,890) (95,967) (58,689) (100,825)
<br /> NONOPERATING REVENUES (EXPENSES)
<br /> Interest earnings 15,172 12,787 18,843 14,708
<br /> Intergovernmental - 2,971 - -
<br /> Miscellaneous revenue 427 299 -
<br /> Interest expense - _ - _
<br /> TOTAL NONOPERATING REVENUES 15,599 16,057 18,843 14,708
<br /> INCOME (LOSS) BEFORE TRANSFERS
<br /> AND CONTRIBUTIONS (13,291) (79,910) (39,846) (86,117)
<br /> CAPITAL CONTRIBUTIONS FROM OTHER FUNDS - - _ -
<br /> CAPITAL CONTRIBUTIONS 62,294 59,698 94,062 36,723
<br /> TRANSFERS IN - _ _ _
<br /> TRANSFERS OUT - _ - _
<br /> CHANGE IN NET POSITION 49,003 (20,212) 54,216 (49,394)
<br /> NET POSITION, JANUARY 1 5,039,423 5,059,635 4,947,992 4,997,386
<br /> NET POSITION, DECEMBER 31 $ 5,088,426 $ 5,039,423 $ 5,002,208 $ 4,947,992
<br /> The notes to the financial statements are an integral part of this statement.
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