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City of Centerville <br />June 3, 2009 <br />Page 13 <br />Enterprise Funds <br />Water Fund <br />The results of the operations and cash position of the Water fund for the past three years are as follows: <br />2006 2007 2008 <br />Operating revenues <br />Operating expenses <br />Operating loss <br />Nonoperating revenues <br />Income before contributions <br />and transfers <br />Capital contributions <br />from other funds/developers <br />Change in net assets <br />Cash and temporary <br />investments <br />$900,000 <br />$800,000 <br />$700,000 <br />$600,000 <br />$500,000 <br />$400,000 <br />$300,000 <br />$200,000 <br />$100,000 <br />$- <br />2006 <br />2007 <br />2008 <br />Operating revenues Operating expenses <br />®Nonoperatingrevenues ®Capitalcontributions from other fund <br />® Change in net assets ®Cash and temporary investments <br />The cash balance has decreased over the prior year and we still recommend completing a thorough rate analysis to <br />ensure that current charges will be sufficient to cover the operating costs of the system. <br /> Percent Percent Percent <br />Amount of Revenues Amount of Revenues Amount of Revenues <br />$ 273,996 100.0 % $ 260,190 100.0 % $ 268,403 100.0 <br />349,518 127.6 308,855 118.7 337,928 125.9 <br />(75,522) (27.6) (48,665) (18.7) (69,525) (25.9) <br />93,295 34.0 90,398 34.7 57,952 21.6 <br />17,773 6.4 41,733 16.0 (11,573) (4.3) <br />485,988 177.4 - - 171,094 63.7 <br />$ 503,761 183.8 % $ 41,733 16.0 % $ 159,521 59.4 <br /> <br />$ 541,512 $ 789,125 $ 733,941 <br />952.835.9090 Fax 952.835.326t <br />www:aemcpas.cosn <br />