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CITY OF LINO LAKES, MINNESOTA <br />STATEMENT OF REVENUES, EXPENSES AND <br />CHANGES IN FUND NET POSITION <br />PROPRIETARY FUNDS <br />For The Year Ended December 31, 2021 <br />Operating revenues: <br />Charges for services <br />Hook-up charges <br />Water meter sales <br />Total operating revenues <br />Operating expenses: <br />Personal services <br />Materials and supplies <br />Contractual services <br />MCES sewer charges <br />Depreciation <br />Utilities <br />Other <br />Total operating expenses <br />Operating income (loss) <br />Nonoperating revenues (expenses): <br />Gain on disposal of capital assets <br />Investment earnings <br />Total nonoperating revenues (expenses) <br />Income (loss) before contributions and transfers <br />Contributions and transfers: <br />Capital contributions from private sources <br />Capital contributions from governmental activities <br />Transfer out <br />Total contributions and transfers <br />Change in net position <br />Net position - January 1 <br />Net position - December 31 <br />Amounts reported above <br />Amounts reported for business -type activities in the <br />statement of activities are different because: <br />Transfer in of capital assets from governmental activities <br />Amounts reported on the statement of activities <br />Statement 8 <br />Business -Type Activities - Enterprise Funds <br />601 Water 602 Sewer Totals <br />$1,475,211 <br />68,770 <br />139,309 <br />1,683,290 <br />$1,835,443 $3,310,654 <br />56,597 125,367 <br />139,309 <br />1,892,040 3,575,330 <br />308,976 <br />314,141 <br />623,117 <br />309,272 <br />44,591 <br />353,863 <br />246,169 <br />216,601 <br />462,770 <br />- <br />988,487 <br />988,487 <br />625,544 <br />550,018 <br />1,175,562 <br />108,849 <br />46,153 <br />155,002 <br />22,676 <br />27,001 <br />49,677 <br />1,621,486 <br />2,186,992 <br />3,808,478 <br />61,804 <br />(294,952) <br />(233,148) <br />14,506 <br />14,506 <br />29,012 <br />(34,068) <br />(52,696) <br />(86,764) <br />(19,562) <br />(38,190) <br />(57,752) <br />42,242 <br />(333,142) <br />(290,900) <br />452,255 <br />428,047 <br />(322,933) <br />557,369 <br />300,148 752,403 <br />4,660 432,707 <br />- (322,933) <br />304,808 862,177 <br />599,611 (28,334) 571,277 <br />30,858,612 28,561,729 59,420,341 <br />$31,458,223 $28,533,395 $59,991,618 <br />Capital <br />Contributions Transfers - Net <br />$1,185,110 ($322,933) <br />(432,707) 432,707 <br />$752,403 $109,774 <br />The accompanying notes are an integral part of these financial statements. <br />42 <br />