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2006-12-31 Management Letter
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2006-12-31 Management Letter
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<br /> <br />City of Centerville <br />May 3, 2007 <br />Page Thirteen <br /> <br />Storm Water Fund <br />The results of operations and cash position of the Storm Water fund for the past three years are as follows: <br /> Percent Percent Percent <br /> 2004 of Revenues 2005 of Revenues 2006 of Revenues <br />Operating revenues $ 52.082 100.0 % S 48.755 100.0 % $ 118.750 100.0 % <br />Operating expenses 119.275 229.0 119.275 244.6 23.996 20.2 <br />Operating income (loss) (67. I 93) ( 129.0) (70.520) ( 144.6) 94.754 79.8 <br />Nonoperating revenues 3.327 6.8 9.513 8.0 <br />Capital contributions <br />from other funds/developers 406.244 342.1 <br />Change in net assets $ (67.193) (129.0) % $ (67.193) (137.8) % S 510.5 I I 429.9 % <br />Cash and temporary <br />investments $ 226.704 $ 226.704 $ 336.372 <br /> Storm Water Fund <br /> <br />$600,000 <br /> <br />$500,000 <br /> <br />$400,000 <br /> <br />$300,000 <br /> <br />$200,000 <br /> <br />$100,000 <br /> <br />---- <br />--- <br /> <br /> <br />$- <br /> <br />-----,--- <br /> <br /> <br /> <br />$( 1 00,000) - <br /> <br />2004 <br /> <br />2005 2006 <br /> <br />. Operating revenues <br />o Change in net assets <br /> <br />. Operating expenses 0 Nonoperating revenues (expenses) <br />o Cash and temporary investments <br /> <br />9S2.83S.9090 . Fax 9S2.8:{S.:{261 <br /> <br />W\\'\\..aemcpas.corl1 <br />
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