|
CITY OF MOUNDS VIEW, MINNESOTA
<br />Enterprise Funds 2010 Budgets
<br />Combining Statement of Revenues and Expenses
<br />Sanitary Street Storm
<br />Water Sewer Lighting Water 2010 2009
<br />Operating revenue:
<br />Operating revenues 791,802 1,138,145 74,000 250,718 2,254,665 2,199,964
<br />Special assessments 50,000 - - - 50,000 50,000
<br />Connection charges - 300 - - 300 500
<br />Tower rental 59,197 - - - 59,197 60,007
<br />Other income - 4,000 - - 4,000 4,000
<br />Total operating revenue 900,999 1,142,445 74,000 250,718 2,368,162 2,314,471
<br />Operating expenses:
<br />Personal services 298,647 278,963 3,633 84,475 665,718 676,376
<br />Supplies 61,711 21,463 - 12,876 96,050 99,042
<br />Contractual services 168,107 250,483 900 92,880 512,370 525,234
<br />Electricity & gas 87,510 1,888 68,700 - 158,098 151,421
<br />Disposal charges - 776,845 - - 776,845 733,120
<br />Contingency 15,000 175,000 - - 190,000 30,000
<br />Depreciation 215,000 165,000 - 35,000 415,000 420,000
<br />Capital outlays 531,700 345,000 - 88,000 964,700 1,013,000
<br />Total operating expenses 1,377,675 2,014,642 73,233 313,231 3,778,781 3,648,193
<br />Net operating income (loss)(476,676) (872,197) 767 (62,513) (1,410,619) (1,333,722)
<br />Non-operating revenue (expenses):
<br />Investment income 31,250 72,500 2,000 25,000 130,750 191,625
<br />Principal payment on debt (205,000) - - - (205,000) (200,000)
<br />Interest expense (25,570) - - - (25,570) (31,850)
<br />Bond fees / discounts (2,625) - - - (2,625) (2,625)
<br />Total non-operating (201,945) 72,500 2,000 25,000 (102,445) (42,850)
<br />Transfers
<br />Transfers in - 330,000 - 40,000 370,000 370,000
<br />Transfers out (181,655) (244,833) (2,186) (56,000) (484,674) (181,392)
<br />Revenues over (under) expenditures (860,276) (714,530) 581 (53,513) (1,627,738) (1,187,964)
<br />Add back:
<br />Capital outlays 531,700 345,000 - 88,000 964,700 1,013,000
<br />Principal on debt 205,000 - - - 205,000 200,000
<br />Net income (loss)(123,576) (369,530) 581 34,487 (458,038) 25,036
<br />Net assets (deficit), January 1 4,477,161 5,805,706 161,494 2,769,785 13,214,145 13,189,109
<br />Net assets (deficit), December 31 4,353,585$ 5,436,176$ 162,075$ 2,804,272$ 12,756,107$ 13,214,145$
<br />Total
<br />10/28/2009 11:22 AM
<br />95
|