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CITY OF MOUNDS VIEW
<br /> Statement of Revenues,Expenses,and Changes in Net Position
<br /> Proprietary Funds
<br /> Year Ended December 31,2025
<br /> Business-Type Activities-Enterprise Funds
<br /> Storm Nonmajor
<br /> Water Sewer Water Street Light Total
<br /> Operating revenue
<br /> Sales/user fees $ 1,597,671 $ 2,252,892 $ 504,758 $ 125,887 $ 4,481,208
<br /> Connection charges 4,150 10,199 - - 14,349
<br /> Intergovernmental and
<br /> pension contribution(adjustment) 22,617 (405) (269) - 21,943
<br /> Other income 48,271 263 - - 48,534
<br /> Total operating revenue 1,672,709 2,262,949 504,489 125,887 4,566,034
<br /> Operating expenses
<br /> Personal services 571,017 424,454 342,068 27,550 1,365,089
<br /> Supplies 97,880 20,316 28,709 50 146,955
<br /> Contractual services 500,912 158,471 40,886 94,303 794,572
<br /> Disposal charges - 1,233,742 - - 1,233,742
<br /> Depreciation 337,002 152,148 28,514 - 517,664
<br /> Total operating expenses 1,506,811 1,989,131 440,177 121,903 4,058,022
<br /> Operating income 165,898 273,818 64,312 3,984 508,012
<br /> Nonoperating revenues(expenses)
<br /> Investment earnings(charges) (41,514) 85,120 74,638 2,943 121,187
<br /> Gain(loss)on disposal of capital assets - - (117,068) - (117,068)
<br /> Other revenues 216,482 - - - 216,482
<br /> Interest expense (50,104) - - - (50,104)
<br /> Total nonoperating
<br /> revenue(expenses) 124,864 85,120 (42,430) 2,943 170,497
<br /> Income before transfers 290,762 358,938 21,882 6,927 678,509
<br /> Transfers in - - 498,680 - 498,680
<br /> Transfers out (167,742) (101,490) (58,430) (2,620) (330,282)
<br /> Change in net position 123,020 257,448 462,132 4,307 846,907
<br /> Net position
<br /> Beginning of year 4,331,311 4,876,713 3,598,240 80,179 12,886,443
<br /> End of year $ 4,454,331 $ 5,134,161 $ 4,060,372 $ 84,486 $ 13,733,350
<br /> See notes to basic financial statements -31-
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