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City of Centerville <br />March 20, 2013 <br />Page 13 <br /> <br />Storm Water Fund <br /> <br />The results of operations and cash position of the Storm Water fund for the past three years are as follows: <br /> <br />201020112012 <br />PercentPercentPercent <br />TotalTotalTotal <br />Operating revenues$ 62,392100.0%$ 75,719100.0%$ 89,400100.0% <br />Operating expenses 122,475 196.3 85,167 112.5 87,632 98.0 <br />Operating loss (60,083) (96.3) (9,448) (12.5) 1,768 2.0 <br />Nonoperating revenues 5,206 8.3 2,475 3.3 73 0.1 <br />Loss before contributions <br /> and transfers (54,877) (88.0) (6,973) (9.2) 1,841 2.1 <br />Capital contributions from <br />other funds - - - - 271,886 304.1 <br />Transfers out (209,500) - (99,500) - - - <br />Transfers in - - - - 10,464 11.9 <br />Change in net position$ (264,377) (88.0)%$ (106,473) (9.2)%$ 284,191318.1% <br />Cash and temporary <br />investments$ 189,770$ 120,592$ 130,947 <br />Storm Water Fund Operations <br /> $400,000 <br /> $300,000 <br /> $200,000 <br /> $100,000 <br /> $- <br /> $(100,000) <br /> $(200,000) <br /> $(300,000) <br />201020112012 <br />Operating revenuesOperating expensesNonoperating revenues <br />Change in net positionCash and temporary investments <br /> <br /> <br />The Storm Water fund showed operating income for the year. The increase in net assets is mainly due to the capital contribution <br />for the treatment and irrigation at LaMotte Park for $271,886. The City needs to continue monitoring cash flow and review rates <br />annually to aim towards an operating income in future years. <br /> <br />