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City of Centerville <br />May 19, 2010 <br />Page 15 <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 />200720082009 <br />PercentPercentPercent <br />TotalTotalTotal <br />Operating revenues$260,190100.0%$268,403100.0%$298,999 %100.0 <br />Operating expenses308,855118.7337,928125.9367,259122.8 <br />Operating loss(48,665)(18.7)(69,525)(25.9)(68,260)(22.8) <br />Nonoperating revenues 90,39834.757,95221.649,51516.6 <br />Income (loss) before <br />contributions and transfers41,73316.0(11,573)(4.3)(18,745)(6.2) <br />Capital contributions from <br />other funds/developers- -171,09463.7- - <br />Transfers out- -- -(229,121)(76.6) <br />Change in net assets$41,73316.0%$159,52159.4%$(247,866) %(82.8) <br />Cash and temporary <br />investments$789,125$733,941$663,584 <br />$1,000,000 <br />$800,000 <br />$600,000 <br />$400,000 <br />$200,000 <br />$- <br />$(200,000) <br />$(400,000) <br />200720082009 <br />Operating revenuesOperating expenses <br />Nonoperating revenues Capital contributions from other funds <br />Change in net assetsCash and temporary investments <br />The cash balance has decreasedover the prior yearmainly due to transfers to other funds. Rates are analyzed each year <br />by staff.This is a good practiceand should be continued. <br />