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CITY OF ROSEVILLE, MINNESOTA
<br />NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
<br />DECEMBER 31, 1982 -
<br />Note 12 - Segment Information for Enterprise Funds
<br />The City maintains five Enterprise funds which provide liquor, sewer, water, golf,
<br />and ice arena services. Segment information for the year ended December 31, 19�2
<br />was as follows:
<br />Sanitary Ice
<br />Liquor Sewer Water Go1f Arena Tota1
<br />Sales $626,771 $ 21,444 $ 20,667 $ 668,887_
<br />Operating
<br />revenues $1,011,677 $1,406,439 130,102 258,632 2,806,850
<br />Depreciation 715 104,608 143,250 4,969 27,557 281,099
<br />Operating
<br />income (loss) 44,292 ( 400,933) ( 58,696) 33,707 (18,459) ( 400,089)
<br />Nonoperating revenue
<br />(expenses) 18,930 119,805 122,740 ( 1,305) 23,780 283,950
<br />Property tax
<br />revenue 77,655 77,655
<br />Transfers
<br />Out (21,317) ( 95,000) ( 116,317)
<br />Extraordinary
<br />item 1,308,625 1,308,6Z5
<br />Net income .
<br />(loss) 41,905 1,027,497 ( 30,956) 32,402 82,976 1,153,824
<br />Property and
<br />equipment
<br />Additions 200 83,081 96,322 2,772 62,253 244,628
<br />Contributed 42,219 36,344 32,500 111,063
<br />Net working
<br />capital 270,891 1,127,447 1,317,409 42,951 189,251 2,947,949
<br />Tota1 assets 295,096 8,187,746 9,420,057 414,098 907,962 19,224,959
<br />Bonds payable
<br />From operating
<br />revenue 75,000 75,000
<br />From other
<br />sources 200,000 200,000
<br />Fund equity
<br />Contributed 5,392,028 6,970,425 65,809 420,530 12,848,792
<br />Retained
<br />earnings 271,740 2,719,268 1,756,138 268,154 261,696 5,276,996
<br />Total equity $271,740 $8,111,296 $8,726,563 $333,963 $682,226 $18,125,788
<br />Note 13 - Litigation/Contingent Liabilities
<br />The City had the usual and customary types of miscellaneous claims pending at year
<br />end, mostly of a minor nature, and usually a11 covered by insurance carried for
<br />that purpose.
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