|
CITY OF MOUNDS VIEW, MINNESOTA
<br />Enterprise Funds 2019 Budgets
<br />Combining Statement of Revenues and Expenses
<br />Sanitary Street Storm
<br />Water Sewer Lighting Water 2019 2018
<br />Operating revenue:
<br />Operating revenues 1,155,660 1,663,618 104,402 286,500 3,210,180 3,081,018
<br />Special assessments 65,000 - - - 65,000 60,000
<br />Connection charges 2,000 - - - 2,000 2,000
<br />Total operating revenue 1,222,660 1,663,618 104,402 286,500 3,277,180 3,143,018
<br />Operating expenses:
<br />Personal services 382,568 372,773 8,058 135,609 899,008 874,243
<br />Supplies 77,949 31,502 1,000 20,475 130,926 149,976
<br />Contractual services 231,623 103,819 3,900 191,684 531,026 499,161
<br />Electricity & gas 129,500 2,100 75,000 - 206,600 187,600
<br />Disposal charges - 997,993 - - 997,993 978,249
<br />Contingency 15,000 15,000 - - 30,000 30,000
<br />Depreciation 238,000 95,000 - 35,000 368,000 358,000
<br />Capital outlays 500,000 316,000 - 105,000 921,000 379,320
<br />Total operating expenses 1,574,640 1,934,187 87,958 487,768 4,084,553 3,456,549
<br />Net operating income (loss)(351,980) (270,569) 16,444 (201,268) (807,373) (313,531)
<br />Non-operating revenue (expenses):
<br />Investment income 1,000 21,000 1,400 16,000 39,400 38,800
<br />Principal payment on debt (ESP Lease)- - (7,349) - (7,349) (7,133)
<br />Interest on debt (ESP Lease)- - (1,902) - (1,902) (2,119)
<br />Total non-operating 1,000 21,000 (7,851) 16,000 30,149 29,548
<br />Transfers
<br />Transfers in - 100,000 - - 100,000 -
<br />Transfers out (147,446) (132,446) (2,854) (39,309) (322,055) (296,801)
<br />Revenues over (under) expenditures (498,426) (282,015) 5,739 (224,577) (999,279) (580,784)
<br />Add back:
<br />Capital outlays 500,000 316,000 - 105,000 921,000 379,320
<br />Principal on debt - - 7,349 - 7,349 7,133
<br />Net income (loss)1,574 33,985 13,088 (119,577) (70,930) (194,331)
<br />Net assets (deficit), January 1 3,951,668 3,839,553 91,536 3,034,448 10,917,204 11,157,537
<br />Net assets (deficit), December 31 3,953,242$ 3,873,538$ 104,624$ 2,914,871$ 10,846,274$ 10,963,206$
<br />Total
<br />7
|