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Background 10
<br />
<br /> City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update
<br />2009 2010 2011 2012
<br />Operating Revenues Actual Actual Actual Budget
<br />Charges for Services 1,477,007 1,491,728 1,486,616 1,480,000
<br />Hook-up Charges 7,490 6,490 7,220 8,000
<br />Other Revenue 17,667 352 500
<br />Total Operating Revenue 1,502,164 1,498,218 1,494,188 1,488,500
<br />Operating Expenses
<br />Personal Services 172,744 173,937 177,758 184,942
<br />Materials and Supplies 43,147 43,252 73,029 42,500
<br />Contractual Services 91,973 70,464 163,233 105,000
<br />MCES Sewer Charges 625,353 681,591 720,986 704,933
<br />Utilities 37,121 34,047 42,251 44,000
<br />Other 14,981 17,600 14,229 13,400
<br />Depreciation 446,788 445,956 446,577 450,000
<br />Total Operating Expenses 1,432,107 1,466,847 1,638,063 1,544,775
<br />Operating Income (Loss) 70,057 31,371 (143,875) (56,275)
<br />Non Operating Revenues (Expenses)
<br />Investment Earnings 153,929 67,521 82,232 50,000
<br />Special Assessments 662 2,493 731
<br />Total Non Operating Revenues (Expenses) 154,591 70,014 82,963 50,000
<br />Net Income (Loss) Before Transfers 224,648 101,385 (60,912) (6,275)
<br />Operating Transfers
<br />Transfers In
<br />Transfers (Out) (10,561) (34,061) (33,061) (34,511)
<br />Total Operating Transfers (10,561) (34,061) (33,061) (34,511)
<br />Net Income (Loss) 214,087 67,324 (93,973) (40,786)
<br />Beginning Cash & Investments 5,609,938 5,750,402 6,237,600 6,575,417
<br />Net Income 214,087 67,324 (93,973) (40,786)
<br />Depreciation 446,788 445,956 446,577 450,000
<br />Amortization - - - -
<br />Acquisition and Construction of Assets (27,748) (17,524) (45,000)
<br />Proceeds from New Long-Term Debt -
<br />Payments on Long-Term Debt
<br />Adjustment to Accruals (492,663) (26,082) 2,737 -
<br />Ending Cash Balance 5,750,402 6,237,600 6,575,417 6,939,631
<br />Sewer Fund Information
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