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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, 2021
<br />Business-type Activities - Enterprise Funds
<br />601602 Nonmajor
<br />Enterprise
<br />WaterSewerFundsTotals
<br />Operating Revenues
<br />Charges for services$ 402,744$ 442,428$ 394,499$ 1,239,671
<br />Operating Expenses
<br />Salaries and benefits 110,084 115,848 28,345 254,277
<br />Supplies 21,870 1,337 - 23,207
<br />Other services and charges 95,740 41,336 258,545 395,621
<br />Utilities 19,240 1,038 - 20,278
<br />MCES - disposal charges - 246,603 - 246,603
<br />Depreciation 239,351 104,443 36,611 380,405
<br />Total Operating Expenses 486,285 510,605 323,501 1,320,391
<br />Operating Income (Loss) (83,541) (68,177) 70,998 (80,720)
<br />Nonoperating Revenues
<br />Interest earnings (loss) (2,256) (1,358) 38 (3,576)
<br />Intergovernmental 54,459 - 131,552 186,011
<br />Miscellaneous revenue 9,694 - - 9,694
<br />Total Nonoperating Revenues 61,897 (1,358) 131,590 192,129
<br />Income (Loss) Before Contributions (21,644) (69,535) 202,588 111,409
<br />Capital Contributions249,58196,443 - 346,024
<br />Change in Net Position 227,937 26,908 202,588 457,433
<br />Net Position, January 1 6,486,884 4,737,141 1,074,641 12,298,666
<br />Net Position, December 31$ 6,714,821$ 4,764,049$ 1,277,229$ 12 ,756,099
<br />The notes to the financial statements are an integral part of this statement.
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