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<br />Background
<br />10
<br />Sewer Fund Information
<br />Contributed Capital
<br />733,142 948,170 888,586
<br />City of Lino Lakes, Minnesota. Water and Sewer Study
<br />2004
<br />2005
<br />2006
<br />2007
<br />Operating Revenues
<br />Actual
<br />Actual
<br />Actual
<br />Budget
<br />Charges for Services
<br />1,260,342
<br />1,319,849
<br />1,371,832
<br />1,400,000
<br />Hook -up Charges
<br />20,310
<br />41,910
<br />19,870
<br />20,200
<br />Other Revenue
<br />21,000
<br />Total Operating Revenue
<br />Operating Expenses
<br />1,280,652
<br />1,361,759
<br />1,391,702
<br />1,441,200
<br />Personal Services
<br />157,159
<br />155,575
<br />151,643
<br />186,866
<br />Materials and Supplies
<br />11,261
<br />49,608
<br />23,184
<br />19,500
<br />Contractual Services
<br />58,961
<br />49,974
<br />77,895
<br />67,100
<br />MCES Sewer Charges
<br />495,023
<br />541,039
<br />537,824
<br />580,000
<br />Utilities
<br />22,859
<br />23,241
<br />25,111
<br />40,000
<br />Other
<br />8,931
<br />7,760
<br />8,266
<br />13,770
<br />Depreciation
<br />376,800
<br />390,628
<br />404,200
<br />402,000
<br />Total Operating Expenses
<br />Operating Income (Loss)
<br />1,130,994
<br />149,658
<br />1,217,825
<br />143,934
<br />1,228,123
<br />163,579
<br />1,309,236
<br />131,964
<br />Non Operating Revenues (Expenses)
<br />Investment Earnings
<br />25,987
<br />84,205
<br />166,897
<br />110,000
<br />Special Assessments
<br />128
<br />1,006
<br />109
<br />Bond Interest
<br />(11,112)
<br />Paying Agent Fees
<br />(475)
<br />Other
<br />Total Non Operating Revenues (Expenses)
<br />Net Income (Loss) Before Transfers
<br />Operating Transfers
<br />26,115
<br />175,773
<br />85,211
<br />229,145
<br />167,006
<br />330,585
<br />98,413
<br />230,377
<br />Transfers In
<br />Transfers (Out)
<br />Total Operating Transfers
<br />Net Income (Loss)
<br />-
<br />175,773
<br />-
<br />229,145
<br />-
<br />330,585
<br />-
<br />230,377
<br />Beginning Cash & Investments
<br />2,362,806
<br />2,917,210
<br />3,498,064
<br />4,115,128
<br />Net Income
<br />175,773
<br />229,145
<br />330,585
<br />230,377
<br />Depreciation
<br />376,800
<br />390,628
<br />404,200
<br />402,000
<br />Amortization
<br />-
<br />-
<br />-
<br />475
<br />Acquisition and Construction of Assets
<br />(2,735)
<br />(2,794)
<br />(52,442)
<br />(25,000)
<br />Proceeds from New Long -Term Debt
<br />-
<br />Payments on Long -Term Debt
<br />(20,000)
<br />Adjustment to Accruals
<br />4,566
<br />(36,125)
<br />(65,279)
<br />-
<br />Ending Cash Balance
<br />2,917,210
<br />3,498,064
<br />4,115,128
<br />4,702,980
<br />Contributed Capital
<br />733,142 948,170 888,586
<br />City of Lino Lakes, Minnesota. Water and Sewer Study
<br />
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