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2011 Financial Reports
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2011 Financial Reports
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Last modified
11/18/2025 3:48:30 PM
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10/8/2025 12:16:20 PM
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Financial/Accounting
Code
FIN02620
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FINANCIAL STATEMENTS
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PERMANENT
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CITY OF GEM LAKE, MINNESOTA <br />STATEMENT OF REVENUES, EXPENSES AND CHANGE IN NET ASSETS <br />PROPRIETARY FUND <br />YEAR ENOED DECEMBER 31, 2011 <br />OPERATING REVENUES <br />Public Charges for Services <br />❑PERATING EXPENSES <br />Operating Expenses <br />Depreciation <br />Total Operating Expenses <br />❑PERATING INCOME <br />NONOPERATING REVENUES <br />Interest Revenue <br />CHANGE IN NET ASSETS <br />Net Assets - Beginning ❑f Year <br />.NET ASSETS - END OF. YEAR <br />Sewer <br />utility <br />$ 4.9,783 <br />23,263 <br />12,465 <br />36,719. <br />14,064 <br />8,658. <br />17,722 <br />845,3.35. <br />$ 863,057 <br />See accompanying Notes to Basic FOahcia.15tatements. <br />(1 2). <br />
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