|
CITY OF CENTERVILLE,MINNESOTA
<br /> STATEMENT OF REVENUES,EXPENSES
<br /> AND CHANGES IN NET POSITION
<br /> PROPRIETARY FUNDS
<br /> FOR THE YEAR ENDED DECEMBER 31,2014
<br /> Business-type Activities-Enterprise Funds
<br /> 601 602 603
<br /> NonmaJ or
<br /> Water Sewer Storm Water Totals
<br /> OPERATING REVENUES
<br /> Charges for services $ 298,194 $ 411,218 $ 105,617 $ 815,029
<br /> OPERATING EXPENSES
<br /> Salaries and benefits 80,010 77,874 38,527 196,411
<br /> Supplies 95,304 215 215 95,734
<br /> Other services and charges 367,200 25,300 9,040 401,540
<br /> Utilities 16,157 4,252 - 20,409
<br /> MCES-disposal charges - 195,304 - 195,304
<br /> Depreciation 190,958 115,137 33,322 339,417
<br /> TOTAL OPERATING EXPENSES 749,629 418,082 81,104 1,248,815
<br /> OPERATING INCOME(LOSS) (451,435) (6,864) 24,513 (433,786)
<br /> NONOPERATING REVENUES(EXPENSES)
<br /> Interest earnings 17,685 32,627 1,857 52,169
<br /> Intergovernmental 9,945 - - 9,945
<br /> Interest expense - - (1,005) (1,005)
<br /> TOTAL NONOPERATING REVENUES(EXPENSES) 27,630 32,627 852 61,109
<br /> INCOME(LOSS)BEFORE TRANSFERS
<br /> AND CONTRIBUTIONS (423,805) 25,763 25,365 (372,677)
<br /> CAPITAL CONTRIBUTIONS 681,164 19,118 - 700,282
<br /> CHANGE IN NET POSITION 257,359 44,881 25,365 327,605
<br /> NET POSITION,JANUARY 1 5,518,530 4,604,682 871,791 10,995,003
<br /> NET POSITION,DECEMBER 31 $ 5,775,889 $ 4,649,563 $ 897,156 $ 11,322,608
<br /> The notes to the financial statements are an integral part of this statement.
<br /> -43-
<br />
|