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CITY OF MOUNDS VIEW, MINNESOTA
<br />Enterprise Funds 2017 Budgets
<br />Combining Statement of Revenues and Expenses
<br />Sanitary Street Storm
<br />Water Sewer Lighting Water 2017 2016
<br />Operating revenue:
<br />Operating revenues 1,052,376 1,507,830 104,402 270,000 2,934,608 2,783,585
<br />Special assessments 60,000 - - - 60,000 55,000
<br />Connection charges 2,000 - - - 2,000 1,000
<br />Total operating revenue 1,114,376 1,507,830 104,402 270,000 2,996,608 2,839,585
<br />Operating expenses:
<br />Personal services 372,274 366,598 8,641 124,358 871,871 857,742
<br />Supplies 74,999 31,112 1,000 20,295 127,406 126,471
<br />Contractual services 218,570 106,809 3,900 154,140 483,419 470,829
<br />Electricity & gas 115,500 2,100 70,000 - 187,600 195,300
<br />Disposal charges - 918,137 - - 918,137 898,071
<br />Contingency 15,000 15,000 - - 30,000 30,000
<br />Depreciation 270,000 153,000 - 32,000 455,000 454,000
<br />Capital outlays 149,640 150,000 - 75,000 374,640 624,183
<br />Total operating expenses 1,215,983 1,742,756 83,541 405,793 3,448,073 3,656,596
<br />Net operating income (loss)(101,607) (234,926) 20,861 (135,793) (451,465) (817,011)
<br />Non-operating revenue (expenses):
<br />Investment income 500 30,000 1,300 15,000 46,800 47,300
<br />Principal payment on debt (ESP Lease)- - (6,924) - (6,924) (9,556)
<br />Total non-operating 500 30,000 (5,624) 15,000 39,876 37,744
<br />Transfers
<br />Transfers in - - - - - 83,000
<br />Transfers out (139,828) (98,058) (2,690) (39,832) (280,408) (520,144)
<br />Revenues over (under) expenditures (240,935) (302,984) 12,547 (160,625) (691,997) (1,216,411)
<br />Add back:
<br />Capital outlays 149,640 150,000 - 75,000 374,640 624,183
<br />Principal on debt - - 6,924 - 6,924 9,556
<br />Net income (loss)(91,295) (152,984) 19,471 (85,625) (310,433) (582,672)
<br />Net assets (deficit), January 1 3,589,863 3,574,815 50,254 3,030,193 10,245,124 11,082,653
<br />Net assets (deficit), December 31 3,498,568$ 3,421,831$ 69,725$ 2,944,568$ 9,934,691$ 10,499,981$
<br />Total
<br />1
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