|
CZTY OF ROSEVILLE, MINNESOTA
<br />NOT_ES TO THE FINANCIAL STATEMENTS (CONTINUED)
<br />DECEMBER 31, 1983
<br />Note 12 - SeQment 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, 1953
<br />was as follows:
<br />Sanitary
<br />Li uor Sewer
<br />Ice
<br />Water Golf Arena Total
<br />Sales $585,547 $ 17,189 $ 22,720 $ 625,456
<br />Operating
<br />revenues $1,239,543 $1,383,446 125,574 264,136 3,012,699
<br />Depreciation 486 102,813 142,435 5,108 28,146 278,988
<br />Operating income �
<br />(loss) 31,710 ( 317,062) ( 186,927) 27,593 (16,188) ( 460,874)
<br />Nonoperating revenue
<br />(expenses) 20,189 91,412 94,552 ( 523) 19,114 224,744
<br />Property tax
<br />revenue 46,052 46,052
<br />Transfers - In 95,000 95,000
<br />Net income (loss) 51,899 ( 225,650) 2,625 27,070 48,978 ( 95,078)
<br />Property and ��
<br />equipment
<br />Additions 22,175 82,298 30,267 134,740
<br />Contributed 3,573 7,356 10,929
<br />Net working
<br />capital 323,275 1,037,158 1,399,335 60,129 211,108 3,031,005
<br />Tota1 assets 347,263 7,936,153 9,457,941 425,799 948,293 19,115,449
<br />Bonds payable
<br />From operating
<br />revenue 60,000 60,000
<br />From other
<br />sources 175,000 175,000
<br />Fund equity
<br />Contributed 5,302,768 6,890,755 65,809 420,530 12,679,862
<br />Retained
<br />earnings 323,639 2,586,450 1,845,787 295,224 310,674 5,361,774
<br />Tota1 equity 323 639 $7,859,218 $8,736,542 $361.033 5731,204 S18.041,636
<br />Note 13 - Litigation
<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.
<br />-41-
<br />
|