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CITY OF ROSEVILLE MINNESOTA
<br />NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
<br />DECEMBER 31. 1985
<br />Note 11 - Se�ment Information for Enterprise Funds (Continued)
<br />''�... Sanitary Ice Storm
<br />Liquor Sewer Water Golf Arena DrainaQe Total
<br />, Sales $ 17,104 $ 27,329 $ 44,433
<br />Operating
<br />revenues $1,707,932 $1,629,422 150,830 266,461 $533,835 4,288,480
<br />Depreciation -
<br />own funds 12,520 51,632 4,760 29,974 22,006 120,892
<br />Depreciation -
<br />contributed 93,757 87,645 181,402
<br />, Operating
<br />income
<br />(loss) ( 134,623) ( 178,101) 50,005 ( 41,383) 267,036 ( 37,066)
<br />Nonoperating
<br />revenues
<br />(expenses) 115,289 115,647 3,879 17,2ll 24,829 276,861
<br />Property tax
<br />revenue 24,302 24,302
<br />Transfers-
<br />� zn (out) �(2za,iz�) (zza,iz�)
<br />' Net income (224,127) (19,334) (62,454) 53,884 136 291,865 39,970
<br />I
<br />Property and
<br />equipment
<br />i Additions 84,687 27,465 14,054 68,857 958,252 1,153,315
<br />Contributed 26,295 16,850 68,707 194,546 306,398
<br />Net working
<br />� capital 1,250,143 1,595,490 104,590 259,145 (19,677) 3,189,691
<br />Total assets -0- 8,078,949 9,504,080 473,667 983,189 994,944 20,034,829
<br />Bonds payable
<br />From operating
<br />revenue 30,000 30,000
<br />From other
<br />sources 125,000 125,000
<br />I Fund equity
<br />Contributed 5,241,302 6,788,125 65,809 489,237 74,374 12,658,847
<br />Retained
<br />earnings 2,737,041 1,920,984 376,474 350,658 743,235 6,128,392
<br />Total equity -0- 7,978,343 8,709,109 442,283 839,895 817,609 18,787,239
<br />I Note 12 - LitiQation
<br />� The City had the usual and customary types of miscellaneous claims pending at year
<br />end, mostly of a minor nature, and usually all covered by insurance carried for that
<br />purpose.
<br />The City also carries personal injury insurance against suits for false arrest,
<br />libel, slander, violation of privacy, wrongful entry, etc., which suits can arise
<br />from enforcement of the City Code and general laws. In the opinion of the City
<br />Attorney's office, any liability to the City at year end would be immaterial.
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