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CITY OF CENTERVILLE, MINNESOTA
<br />SUMMARY FINANCIAL REPORT
<br />REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS
<br />GOVERNMENTAL FUNDS
<br />FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013
<br />Percent
<br />TotalIncrease
<br />(Decrease)
<br />20142013
<br />REVENUES
<br />Taxes$ 2,267,884$ 2,287,009(0.84)%
<br />Licenses and permits108,921122,994(11.44)
<br />Intergovernmental310,796203,21252.94
<br />Charges for services13,0355,889121.34
<br />Fines and forfeitures23,04334,828(33.84)
<br />Special assessments310,391566,188(45.18)
<br />Interest on investments33,0806,862382.08
<br />Miscellaneous36,08641,566(13.18)
<br />TOTAL REVENUES$ 3,103,236$ 3,268,548(5.06)%
<br />Per Capita$ 785$ 851(7.75)%
<br />EXPENDITURES
<br />Current
<br />General government$ 467,067$ 440,3446.07%
<br />Public safety1,066,1001,051,5911.38
<br />Public works325,201358,939(9.40)
<br />Culture and recreation90,57495,700(5.36)
<br />Economic development-2,038(100.00)
<br />Capital outlay
<br />General government1,18611,248(89.46)
<br />Public works505,9951,236,533(59.08)
<br />Culture and recreation3,23618,155(82.18)
<br />Debt service
<br />Principal855,0001,229,981(30.49)
<br />Interest and other318,352238,21633.64
<br />Bond issuance costs-10,278(100.00)
<br />TOTAL EXPENDITURES$ 3,632,711$ 4,693,023(22.59)%
<br />Per Capita$ 919$ 1,222(24.79)%
<br />Total Long-term Indebtedness$ 8,695,000$ 9,550,000(8.95)%
<br />Per Capita2,2002,486(11.53)
<br />General Fund Balance - December 31$ 1,319,013$ 1,258,5964.80%
<br />Per Capita3343281.83
<br />The purpose of this report is to provide a summary of financial information concerning the City of Centerville to interested
<br />citizens. The complete financial statements may be examined at City Hall, 1880 Main Street, Centerville, MN 55038. Questions
<br />about this report should be directed to City Hall at (651) 429-3232.
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