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FORM Kl
<br />CTTY OF ROSEVILLE. MINNESOTA
<br />COMPARATIVE STATEMENT OF REVENUES EXPENSES AND CHANGES
<br />IN RETAINED EARNINGS
<br />ALL INTERNAL SERVICE FUNDS
<br />YEARS ENDED DECEMBER 31, 1989 AND 1988
<br />Workmens' - Totals
<br />Compensation Risk
<br />Fund Mamgcmcnt 1989 1988
<br />OpeTating revenues
<br />Departmental charges $ 199,500 $ 199,500 $ 198,500
<br />Other 289 289 33,809
<br />Total operating revewes $ $ 199,789 $ 199,789 $ 232,309
<br />Operating expenses
<br />Insurance $ 23,604 $ 92,005 $ 115,609 $ 173,451
<br />Employee insurance benefits 65,367 65,367 105,220
<br />Administrntivechezges 58 7,075 7,133 22,568
<br />Payment of Claims 6,662 6,662 12,011
<br />Total operating expense $ 89,029 $ t05,742 $ 194,770 $ 313,250
<br />Operating income (loss) $ (89,029) $ 94,048 $ 5,019 $ (80,941)
<br />Nonopereting revenues �
<br />Interest on investments $ 37,551 $ 67,362 $ 104,913 $� 85,500
<br />Net iucome (loss) before operating
<br />ttansfex � $ (51,478) $ 161,4L0 $ 109,932 $ �-� 4,559
<br />Opera[ing trnnsfers - In (Out)
<br />Transfer fzom General Fund
<br />Net income ((oss) $ (51,478) $ 161,410 $ 109,932 $ 4,559 � � -
<br />Retained eernings Janunry i $ 408,863 $ 686,786 $ ],095,649 $ 1,091,090
<br />Retained earnings December 31 � S 357,385 $ 848,196 $ 1,205,581 $ 1,095,&l9
<br />... ea=�.W.
<br />74
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