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2004 & 2005 Special Purpose Report
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2004 & 2005 Special Purpose Report
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Last modified
11/19/2025 11:41:13 AM
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11/19/2025 11:40:48 AM
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Financial/Accounting
Code
FIN 02620
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FINANCIAL STATEMENTS
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PERMANENT
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CITY OF GEM LAKE, MINNESOTA <br />STATEMENTS OF REVENUES, EXPENSES. AND CHANGES IN WORKING CAPITAL <br />SEWER ENTERPRISE FUND <br />For the Year Ended December 39, 2005 <br />Sewer Fund <br />(Total All <br />Proprietary <br />Funds) <br />Operating Revenues <br />Charges for services <br />$ 451659 <br />Operating Expenses <br />Depreciation <br />ggp <br />Power and pumping - Utilities <br />11,429 <br />Engineering fees <br />20,900 <br />Repairs and maintenance <br />1,351 <br />Outside services <br />4,556 <br />Miscellaneous <br />555 <br />Office supplies and expense <br />25 <br />Total Operating Expenses 39,806 <br />Operating .Income 5,853 <br />Nonoperating Revenues <br />Interest income 7,566 <br />Net Income Before Transfers $ 13,419 <br />Sources and (Uses) of Working Capital <br />Net Income Before Transfers <br />$ 13,419 <br />Depreciation <br />980 <br />Transfers In <br />- <br />Transfers Out <br />(1,500) <br />Increase in Working Capital <br />$ 12,899 <br />
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