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City of Centerville <br />June 3, 2009 <br />Page 14 <br />Sewer Fund <br />The results of operations and cash position of the Sewer fund for the past three years are as follows: <br /> 2006 2007 2008 <br /> Percent Percent Percent <br /> Amount of Revenues Amount of Revenues Amount of Revenues <br />Operating revenues $ 303,294 100.0 % $ 290,581 100.0 % $ 312,403 100.0 <br />Operating expenses 363,370 119.8 357,381 123.0 388,502 124.4 <br />Operating loss (60,076) (19.8) (66,800) (23.0) (76,099) (24.4) <br />Nonoperating revenues 133,998 44.2 174,193 59.9 123,048 39.4 <br />Income before contributions <br />and transfers 73,922 24.4 107,393 36.9 46,949 15.0 <br />Capital contributions <br />from other funds/developers 240,816 79.4 - - 212,226 67.9 <br />Change in net assets $ 314,738 103.8 % $ 107,393 36.9 % $ 259,175 82.9 <br />Cash and temporary <br />investments $ 2,187,926 $ 1,748,626 $ 1,472,675 <br />$2,500,000 <br />$2,000,000 <br />$1,500,000 <br />$1,000,000 <br />$500,000 <br />$- <br />2006 2007 2008 <br />Operating revenues Operating expenses <br />®Nonoperatingrevenues (expenses) ®Capitalcontributions from other funds <br />® Change in net a sets ®Ca sh and temporary investments <br />It is important that the City review rates to ensure that the revenue is sufficient to cover operating expenses. The hook- <br />up fees are reported in the nonoperating revenues and should be used for the expansion of the system. <br />952.835.9090 Fax 952.835.326t <br />www:aemcpas.cosn <br />