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CITY OF MOUNDS VIEW, MINNESOTA
<br />Enterprise Funds 2018 Budgets
<br />Combining Statement of Revenues and Expenses
<br />Sanitary Street Storm
<br />Water Sewer Lighting Water 2018 2017
<br />Operating revenue:
<br />Operating revenues 1,105,176 1,599,940 104,402 271,500 3,081,018 2,969,608
<br />Special assessments 60,000 - - - 60,000 60,000
<br />Connection charges 2,000 - - - 2,000 2,000
<br />Total operating revenue 1,167,176 1,599,940 104,402 271,500 3,143,018 3,031,608
<br />Operating expenses:
<br />Personal services 374,134 360,299 8,133 131,677 874,243 871,871
<br />Supplies 97,129 31,372 1,000 20,475 149,976 127,406
<br />Contractual services 214,707 114,893 3,900 211,661 545,161 483,419
<br />Electricity & gas 115,500 2,100 70,000 - 187,600 187,600
<br />Disposal charges - 978,249 - - 978,249 918,137
<br />Contingency 15,000 15,000 - - 30,000 30,000
<br />Depreciation 241,000 85,000 - 32,000 358,000 455,000
<br />Capital outlays 104,200 172,200 - 102,920 379,320 409,640
<br />Total operating expenses 1,161,670 1,759,113 83,033 498,733 3,502,549 3,483,073
<br />Net operating income (loss)5,506 (159,173) 21,369 (227,233) (359,531) (451,465)
<br />Non-operating revenue (expenses):
<br />Investment income 500 21,000 1,300 16,000 38,800 46,800
<br />Principal payment on debt (ESP Lease)- - (7,133) - (7,133) (6,924)
<br />Interest on debt (ESP Lease)- - (2,119) - (2,119) (2,329)
<br />Total non-operating 500 21,000 (7,952) 16,000 29,548 37,547
<br />Transfers
<br />Transfers in - - - - - 35,000
<br />Transfers out (144,103) (109,860) (2,771) (40,067) (296,801) (280,408)
<br />Revenues over (under) expenditures (138,097) (248,033) 10,646 (251,300) (626,784) (659,326)
<br />Add back:
<br />Capital outlays 104,200 172,200 - 102,920 379,320 409,640
<br />Principal on debt - - 7,133 - 7,133 6,924
<br />Net income (loss)(33,897) (75,833) 17,779 (148,380) (240,331) (242,762)
<br />Net assets (deficit), January 1 3,748,892 3,638,339 75,689 3,057,595 10,520,514 10,790,777
<br />Net assets (deficit), December 31 3,714,995$ 3,562,506$ 93,468$ 2,909,215$ 10,280,183$ 10,548,015$
<br />Total
<br />8
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