Laserfiche WebLink
CITY OF.LINO LAKES, MINNESOTA <br />ENTERPRISE FUND <br />WATER AND SEWER FUND <br />STATEMENT OF REVENUE, EXPENSES AND CHANGES IN RETAINED EARNINGS <br />For The Year Ended December 31, 1984 <br />Operating revenue: <br />Water sales <br />Sewer charges <br />Other operating revenue <br />Total operating revenue <br />Statement 16 <br />December 31, <br />1984 1983 <br />$ 6,011 <br />36,417 <br />2,909 <br />45,337 <br />$ 5,421 <br />27,763 <br />2,862 <br />36,046 <br />Operating expenses: <br />Personal services 14,831 11,477 <br />Supplies 2,845 2,583 <br />Contractual services 777 806 <br />Repair and maintenance 4,088 7,810 <br />MWCC sewer charges 23,866 18,116 <br />Depreciation: <br />-- Purchased 838 838 <br />Contributed 21,004 21,004 <br />Utilities 2,208 1,830 <br />Sewer service charge 2,289 3,297 <br />Other 375 459 <br />Total operating expenses 73,121 68,220 <br />Operating (loss) <br />Non - operating revenue: <br />Maintenance agreement - MWCC <br />Total non - operating revenue <br />Net income (loss) <br />(27,784) (32,174) <br />7,138 <br />7,138 <br />(20,646) <br />Other increases: <br />Credit arising from transfer of depreciation to <br />contributions from property owners 21,004 21,004 <br />Net income (loss) to retained earnings 358 (160) <br />Retained earnings - January 1 6,927 7,087 <br />Retained earnings - December 31 $ 7,285 $ 6,927 <br />The accompanying notes are an integral part of these financial statements. <br />