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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 />
<br />WaterSewer
<br />2012201120122011
<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 /> -
<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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