|
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, 2024
<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 />Investment earnings
<br />Interest expense
<br />Intergovernmental revenue
<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 603 Storm Water Totals
<br />$1,937,526
<br />$2,157,807
<br />$559,217
<br />$4,654,550
<br />34,000
<br />28,680
<br />-
<br />62,680
<br />100,582
<br />-
<br />-
<br />100,582
<br />2,072,108
<br />2,186,487
<br />559,217
<br />4,817,812
<br />409,500
<br />419,091
<br />189,706
<br />1,018,297
<br />353,106
<br />77,690
<br />5,853
<br />436,649
<br />250,296
<br />297,523
<br />208,377
<br />756,196
<br />-
<br />1,291,179
<br />-
<br />1,291,179
<br />927,267
<br />753,799
<br />-
<br />1,681,066
<br />97,816
<br />44,614
<br />-
<br />142,430
<br />89,096
<br />105,236
<br />5,384
<br />199,716
<br />21127,081
<br />2,989,132
<br />409,320
<br />5,525,533
<br />(54,973)
<br />(802,645)
<br />149,897
<br />(707,721)
<br />250,835
<br />331,428
<br />21,519
<br />603,782
<br />(3,092)
<br />-
<br />-
<br />(3,092)
<br />7,589
<br />-
<br />-
<br />7,589
<br />255,332
<br />331,428
<br />21,519
<br />608,279
<br />200,359
<br />(471,217)
<br />171,416
<br />(99,442)
<br />911,151
<br />1,208,076
<br />-
<br />2,119,227
<br />6,008,188
<br />-
<br />-
<br />6,008,188
<br />(2,024,951)
<br />-
<br />(55,507)
<br />(2,080,458)
<br />4,894,388
<br />1,208,076
<br />(55,507)
<br />6,046,957
<br />5,094,747
<br />736,859
<br />115,909
<br />5,947,515
<br />33,713,939
<br />31,533,345
<br />247,475
<br />65,494,759
<br />$38,808,686
<br />$32,270,204
<br />$363,384
<br />$71,442,274
<br />Capital
<br />Grants and
<br />Cnntrihntinm Trnncfere - Net
<br />$8,127,415 ($2,080,458)
<br />(6,008,188) 6,008,188
<br />$2,119,227 $3,927,730
<br />The accompanying notes are an integral part of these financial statements.
<br />44
<br />
|