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2023
<br />2020 2021 2022 ORIGINAL BUDGET
<br />ACTUAL ACTUAL ACTUAL BUDGET 2024
<br />Operating revenues:
<br />Street light charges 103,917 104,207 104,182 104,412 116,014
<br />Other charges 492 864 997 700 800
<br />Total revenues 104,410 105,071 105,179.17 105,112 116,814
<br />Operating expenses:
<br />Personnel services 14,369 13,864 14,767 14,502 26,040
<br />Materials & Supplies - 855 - 1,000 1,000
<br />Other Services & Charges 90,302 80,991 101,194 86,350 101,850
<br />Lease interest 3,232 - - - -
<br />Total expenses 107,903 95,710 115,960.98 101,852 128,890
<br />Operating income (loss)(3,494) 9,362 (10,782) 3,260 (12,076)
<br />Nonoperating revenues (expenses):
<br />Investment earnings 2,269 (846) (4,402) 1,400 1,400
<br />Total nonoperating revenues (expenses) 2,269 (846) (4,401.63) 1,400 1,400
<br />Net income (loss) before contributions
<br /> and transfers (1,224) 8,516 (15,183) 4,660 (10,676)
<br />Transfers in (out):
<br />General Fund (2,940) (3,028) (3,119) (3,213) (3,309)
<br />Change in net assets (4,164) 5,488 (18,302) 1,447 (13,985)
<br />Net assets - January 1 108,468 104,304 109,792 91,489 92,936
<br />Net assets - December 31 104,304 109,792 91,489 92,936 78,951
<br />2023
<br />2020 2021 2022 ORIGINAL BUDGET
<br />ACTUAL ACTUAL ACTUAL BUDGET 2024
<br />Net income (loss) before contributions
<br /> and transfers (1,224) 8,516 (15,183) 4,660 (10,676)
<br />Change in current assets (318) 699 (1,001) - -
<br />Change in current liabilities (59,642) 419 613 - -
<br />Transfers in (out) (2,940) (3,028) (3,119) (3,213) (3,309)
<br />Net increase (decrease) in cash (64,124) 6,606 (18,691) 1,447 (13,985)
<br />Cash balance - January 1 141,973 77,849 84,456 65,765 67,212
<br />Cash balance - December 31 77,849 84,456 65,765 67,212 53,227
<br />STATEMENT OF CASH FLOWS
<br />CITY OF MOUNDS VIEW
<br />STREET LIGHTING FUND (740)
<br />STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS
<br />107
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