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City of Roseville, MinnesotaStatement 7
<br />STATEMENT OF REVENUES, EXPENSES(Page 1 of 1)
<br /> AND CHANGES IN FUND NET POSITION
<br />PROPRIETARY FUNDS
<br />For the Fiscal Year Ended December 31, 2023
<br />Governmental
<br />Business Type Activities - Enterprise Funds
<br />Activities -
<br />StormSolid Waste Internal Service
<br />Sanitary SewerWaterGolf CourseDrainageRecycling TotalsFunds
<br />SALES AND COST OF SALES
<br /> Sales$- $- $ 32,671$- $ 63$ 32,734$ -
<br /> Cost of sales - - (18,394) - - (18,394) -
<br />Gross profit - - 14,277- 63 14,340 -
<br />OPERATING REVENUES
<br /> User charges 6,624,922 9,991,120 382,236 2,950,670 9 65,156 20,914,104 343,585
<br /> Delinquency collections (1,185)- - 1,443 - 258 -
<br /> Miscellaneous 6,975 149,024 104,476 12,771 - 273,246 12,122
<br />Total Operating Revenues 6,630,712 10,140,144 486,712 2,964,884 9 65,156 21,187,608 355,707
<br />OPERATING EXPENSES
<br /> Personal service 393,795 689,466 388,346 517,326 6 7,585 2,056,518 -
<br /> Supplies 86,341 233,096 64,653 84,312 2,261 470,663 -
<br /> Other services and charges 7,982,0863,829,933 72,499 591,695 8 00,121 13,276,334 807,530
<br /> Depreciation and amortization 478,305 498,731 96,711 707,834- 1,781,581 -
<br />Total Operating Expenses 4,788,374 9,403,379 622,209 1,901,167 8 69,967 17,585,096 807,530
<br />OPERATING INCOME (LOSS) 1,842,338 736,765 (121,220) 1,063,717 9 5,252 3,616,852 (451,823)
<br />NON-OPERATING REVENUES (EXPENSES)
<br /> Investment Income
<br /> Interest Earned on Investments 76,377 13,046 2,688 49,614 8,777 150,502 29,907
<br /> Increase (Decrease) in Fair Value of Investments (81,086) (60,466) 4,506 (30,314) 5,096 (162,264)
<br /> 71,331
<br /> Intergovernmental Revenue 349,840 11,280- 8 1,908 8 8,826 531,854 -
<br /> Bond interest payments- ( 21,427)- - - (21,427) -
<br /> Gain on Sale of Capital Assets 16,986 7,090- 2,338- 26,414 -
<br />Total Non-Operating Revenues (Expenses) 362,117 (50,477) 7,194 103,546 1 02,699 525,079 101,238
<br />Income (Loss) Before Capital Contributions and Transfers2,204,455 686,288 (114,026) 1,167,263 1 97,951 4,141,931 (350,585)
<br />
<br />Transfers In- 500,000 - - - 500,000 -
<br />Change in Net Position 2,204,455 1,186,288 (114,026) 1,167,263 1 97,951 4,641,931 (350,585)
<br />NET POSITION, January 1 19,027,895 11,413,514 2,765,232 15,975,665 4 27,729 49,610,035 1,353,988
<br />NET POSITION, December 31$ 21,232,350$ 12,599,802$ 17,142,9282,651,206$ $ 6 25,680$ 54,251,966$ 1,003,403
<br />The notes to the financial statements are an integral part of this statement.
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