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CITY OF ROSEVILLE MINNESOTA
<br />NOTES TO FSNANCIAL STATEMENTS - (CONTINUED)
<br />DECEMBER 31,1988
<br />Note 18 - Se men[ Information for Enter rise Funds
<br />The City maintains five Enierprise funds which provide sewer, uater, golf, ice arena, and storm drainage
<br />services. Segment information for the year ended Decem6er 31, 1988, was as fotlows:
<br />Sanitary Ice STorm
<br />Sewer Water Gotf Arena Drainaqe Total
<br />SaLes 4 14,779 S 27,743 S 42,522
<br />Operating
<br />revenues E1,874,955 82,636,037 172,565 347,904 8532,492 5,563,953
<br />Depreciation 118,338 190,552 15,972 46,637 149,822 521,315
<br />Operating
<br />i�come
<br />(Loss)
<br />Other
<br />nonoperating
<br />revenues
<br />(expenses)
<br />Property tax
<br />revenue
<br />Net Income
<br />(Loss)
<br />Sanitary Ice Storm
<br />Sewer Water GoLf Arena Drainaqe Total
<br />( �59,381) 215,037 27,923 (�4,966) 129,367 197,980
<br />115,133 123,603
<br />( 43,249) 338,640
<br />Sanitary
<br />Sewer Water
<br />15,284 24,193
<br />46,298
<br />43,207 55,525
<br />Ice
<br />Gotf Arena
<br />91,178 370,391
<br />46,298
<br />22D,545 614,669
<br />Storm
<br />D�ainaqe Total
<br />Property and
<br />equipment
<br />Additions 194,338 328,617 120,140 139,291 474,717 1,257,103
<br />Net working
<br />capitat 1,432,983 1,955,963 200,350 293,84� 787,578 4,670,715
<br />Total assets 8,188,409 10,225,761 652,518 1,079,875 1�,461,065 3�,607,028
<br />Bonds paya6le
<br />From other
<br />sources 5�,000 50,000
<br />Fund equity
<br />Contributed 5,424,024 7,045J64 65,809 489,237 11,619,436 24,644,270
<br />Retained
<br />earnings 2,648,905 2,185,313 580,633 510,687 ( 169,247) 5,756,291
<br />TotaL equity 8,072,929 9,23�,077 546,442 999,924 11,45�,189 30,400,561
<br />50
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