My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
07-13-2016 Workshop Packet
>
City Council Packets
>
2010-2019
>
2016
>
07-13-2016 Workshop Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/23/2019 10:28:18 AM
Creation date
9/23/2016 4:55:28 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
136
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
CITY OF LITTLE CANADA, MINNESOTA <br />MANAGEMENT’S DISCUSSION AND ANALYSIS <br />YEAR ENDED DECEMBER 31, 2015 <br /> <br /> <br /> <br />(21) <br /> <br />Business-Type Activities <br />Business-Type Activities had an overall decrease in net position of $73,213. One of the biggest <br />expenses is depreciation (non-cash expense) within the water and sewer funds. Operating costs <br />decreased $212,897 in the Water Fund due to the painting of the City’s water tower in 2014. To <br />facilitate the painting project, the city had to shut down its only water tower and obtain water from the <br />City of Roseville. This resulted in a higher static water pressure being maintained in the system. That <br />caused a number of system leaks that required repairs. In addition, the St. Paul Regional Water Service <br />refunded the City $135,768 in 2015, based on a system fee study done in 2011 with the rebate applied <br />from 1/1/2013 going forward. Operating costs in the Sewer Fund increased in 2015 due to MCES’s <br />allocation formula, but increased less than the prior year’s reduction. <br /> <br />Program Expenses and Revenues – Business-Type Activities <br />0 <br />200,000 <br />400,000 <br />600,000 <br />800,000 <br />1,000,000 <br />1,200,000 <br />1,400,000 <br />1,600,000 <br />Water Sewer <br />Expenses <br />Program Revenues
The URL can be used to link to this page
Your browser does not support the video tag.