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Vadnais Lake Area Water Management Organization's Changes in Net Position <br />December 31, Increase <br />2013 2012 (Decrease) <br />Revenues <br />Program <br />Charges for services $ 436,119 $ 428,098 $ 8,021 <br />Operating grants and contributions 142,089 7,643 134,446 <br />Capital grants and contribution 80,526 (80,526) <br />General <br />Unrestricted investment earnings 99 90 9 <br />Miscellaneous 60 907 (847) <br />Total revenues 578,367 517,264 61,103 <br />Expenses <br />General government 314,485 284,992 29,493 <br />Programs 55,598 48,669 6,929 <br />Projects 177,404 116,852 60,552 <br />Total expenses 547,487 450,513 96,974 <br />Change in net position 30,880 66,751 (35,871) <br />Net position, January 1 608,518 541,767 66,751 <br />Net position, December 31 $ 639,398 $ 608,518 $ 30,880 <br />The increase in operating grants and contributions are directly related to the projects that the Organization is currently working on. <br />Many of these capital grants are reimbursements from member cities for expenses incurred on significant improvement projects or <br />from grants received for projects. <br />-19- <br />