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Background 10
<br />
<br /> City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update
<br />2009201020112012
<br />Operating RevenuesActualActualActualBudget
<br />Charges for Services1,477,007 1,491,728 1,486,616 1,480,000
<br />Hook-up Charges7,490 6,490 7,220 8,000
<br />Other Revenue17,667 352 500
<br />Total Operating Revenue1,502,164 1,498,218 1,494,188 1,488,500
<br />Operating Expenses
<br />Personal Services172,744 173,937 177,758 184,942
<br />Materials and Supplies43,147 43,252 73,029 42,500
<br />Contractual Services91,973 70,464 163,233 105,000
<br />MCES Sewer Charges625,353 681,591 720,986 704,933
<br />Utilities37,121 34,047 42,251 44,000
<br />Other14,981 17,600 14,229 13,400
<br />Depreciation446,788 445,956 446,577 450,000
<br />Total Operating Expenses1,432,107 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 Earnings153,929 67,521 82,232 50,000
<br />Special Assessments662 2,493 731
<br />Total Non Operating Revenues (Expenses)154,591 70,014 82,963 50,000
<br />Net Income (Loss) Before Transfers224,648 101,385 (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 Income214,087 67,324 (93,973) (40,786)
<br />Depreciation446,788 445,956 446,577 450,000
<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 Balance5,750,402 6,237,600 6,575,417 6,939,631
<br />Sewer Fund Information
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