Laserfiche WebLink
6/19/2015 <br />7 <br />Financial Results <br />Liquor Fund: <br />–2014 net income before transfers is $262,942. <br />–An analysis of 2014 activity is as follows: <br /> <br />Market Place Silver Lake Village <br />Amount Percent Amount Percent Amount Percent <br />Operating revenues $3,261,176 100.0% $2,816,863 100.0% $6,078,039 100.0% <br />Cost of goods sold 2,546,763 78.1% 2,157,803 76.6% 4,704,566 77.4% <br />Gross margin 714,413 21.9% 659,060 23.4% 1,373,473 22.6% <br />Other operating expenses 574,376 17.6% 600,298 21.3% 1,174,674 19.3% <br />Net income from operations 140,037 4.3% 58,762 2.1% 198,799 3.3% <br />Net nonoperating revenues <br />(expenses)45,401 1.4% 18,742 0.7% 64,143 1.1% <br />Income before transfers $185,438 5.7% $77,504 2.8% $262,942 4.3% <br /> <br />13 <br />Financial Results <br />HRA: <br />–Total HRA Fund balance is $586,098. <br />–The fund balance in the various accounts are as follows at December <br />31, 2014: <br /> Fund <br />Balance (Deficit)CAFR CAFR <br />Fund 12/31/14 Statement Exhibit <br />General HRA (special revenue fund)($159,775)Statement 14 <br />Debt Service: <br />Public Facilities Revenue Bonds 612,738 Exhibit 1 <br />TIF Revenue Bonds 2006 2,643 Exhibit 1 <br />TIF Revenue Bonds 2007 7,745 Exhibit 1 <br />Total HRA Debt Service 623,126 Statement 3 <br />HRA Projects: <br />Chandler Place TIF 672,765 Exhibit 3 <br />Apache (Wal-Mart) TIF (1,721,453)Exhibit 3 <br />Apache (Cub Foods) TIF 1,221,276 Exhibit 3 <br />HRA Directed Projects (49,841)Exhibit 3 <br />Total HRA Projects 122,747 Statement 3 <br />Total HRA $586,098 <br />14