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Proprietary Revenues and Expenditures
<br />Proprietary funds by definition receive most of their revenue resources from user fees. In accordance
<br />with the city's fiscal policy, user fees such utility fees and golf fees are reviewed annually and up -dated in
<br />accordance with operational projections.
<br />The major expenditure category that accounts for the majority of total expenditures is Other Services and
<br />Charges. This category includes the wholesale cost of water and sanitation waste processing. These
<br />charges account for 75% of the utility costs on a consistent basis. Such costs are set by either the St. Paul
<br />Water Board (water) or the Metropolitan Council (sewer). The city's objective is to set rates for the
<br />wholesale costs plus coverage of costs associated with the community's distribution systems.
<br />Below is a 5 -year comparative summary of revenues, expenditures, and changes in fund balance for all
<br />proprietary funds.
<br />Sales
<br />Cost of sales
<br />Gross Profit
<br />Operating revenues
<br />User charges
<br />Other
<br />Total Operating Revenues
<br />Operating Expenses
<br />Personal services
<br />Supplies
<br />Other services and charges
<br />Depreciation
<br />Total operating expenses
<br />Operating income (loss)
<br />Non - operating revenues
<br />Other misc. revenues
<br />Interest
<br />Total non - operating revenues
<br />Income (loss) before operating transfers
<br />Operating transfers in (out)
<br />Prior period adjustment -f.v. investments
<br />Net income (loss)
<br />Net Assets January 1
<br />Net Assets December 31
<br />1998
<br />1999
<br />2000
<br />2001
<br />2002
<br />Actual
<br />Actual
<br />Actual
<br />Budgeted
<br />Budgeted
<br />321154
<br />321325
<br />281452
<br />201000
<br />201000
<br />(16, 024)
<br />(22, 861)
<br />(15, 917)
<br />(10, 000)
<br />(10, 000)
<br />16,130
<br />%464
<br />112,535
<br />10,000
<br />10,000
<br />815111965 719381532 814141558 812261712 810311332
<br />2621596 2131555 1161105 1911000 81500
<br />8J74,5611 561
<br />8,152, 087
<br />8,530,663
<br />8,4117J112
<br />832
<br />8X%832
<br />7601249
<br />7951912
<br />8061041
<br />8791313
<br />9431442
<br />1081577
<br />1041813
<br />1271955
<br />1271130
<br />1471925
<br />614101110
<br />616391175
<br />518621088
<br />518731564
<br />618901687
<br />5581986
<br />5251225
<br />6241932
<br />5901000
<br />5211945
<br />7,837,922
<br />8,065,1125
<br />7,421,011 6
<br />7,470, 007
<br />8,503,999
<br />952, 769
<br />96,426
<br />1,122,182
<br />957, 705
<br />(454,167)
<br />261366
<br />3661493
<br />1161442
<br />681000
<br />8941517
<br />1281790
<br />7431574
<br />4301000
<br />2011000
<br />920,883
<br />495,283
<br />860,011 6
<br />430,000
<br />26%000
<br />118731652
<br />5911709
<br />119821198
<br />113871705
<br />(185,167)
<br />(201, 459)
<br />(59, 223)
<br />113521673
<br />2181690
<br />310241866
<br />7511176
<br />119821198
<br />113871705
<br />(185,167)
<br />30,128, 856
<br />33,1153J22
<br />33, 904, 898
<br />35, 887, 096
<br />37, 274, 801
<br />33,1153J22
<br />33, 904, 898
<br />35, 887, 096
<br />37, 274, 801
<br />37,08%634
<br />111- 14
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