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26
<br />CITY OF ST. ANTHONY, MINNESOTA
<br />UTILITY OPERATING FUNDS
<br />STATEMENT OF CHANGES IN FINANCIAL POSITION
<br />YEARS ENDED DECEMBER 31. 1975 AND 1974
<br />APPLICATION OF FUNDS
<br />Transfer to General Fund
<br />$
<br />1975
<br />$
<br />1974
<br />$
<br />Water
<br />Sewer
<br />Combined
<br />Combined
<br />SOURCE OF FUNDS
<br />11,397
<br />Operations
<br />Increase in long-term receivable
<br />Net income
<br />$ 34,448
<br />$ 23,430
<br />$ 57,878
<br />$ 94,944
<br />Depreciation
<br />38,062
<br />22836
<br />40,898
<br />39,599
<br />Increase in meter deposits
<br />12824
<br />Reduction of reserve for Metropolitan
<br />12824
<br />2,051
<br />Reduction of long-term receivable
<br />6,326
<br />6,326
<br />Waste Control Commission - Current
<br />Decrease in working capital
<br />21,296
<br />S 74.334
<br />��
<br />26
<br />Syji7 890
<br />APPLICATION OF FUNDS
<br />Transfer to General Fund
<br />$
<br />3,000
<br />$
<br />3,000
<br />$
<br />6,000
<br />$ 5,000
<br />Purchase of property and equipment
<br />11,397
<br />11,397
<br />81,948
<br />Increase in long-term receivable
<br />13,846
<br />Reduction of long-term debt
<br />50,000
<br />50,000
<br />45,000
<br />Reduction of reserve for Metropolitan
<br />Waste Control Commission - Current
<br />value credit
<br />5,262
<br />5,262
<br />5,262
<br />Increase in working capital
<br />9,937
<br />24,330
<br />34,267
<br />6,834
<br />,��.
<br />S 106 926
<br />$ j57.890
<br />Various elements of net increase
<br />(decrease) in working capital
<br />Cash
<br />$
<br />51,574
<br />$(
<br />16,022)
<br />$
<br />35,552
<br />$(148,331)
<br />Investments
<br />(
<br />45,500)
<br />26,500
<br />(
<br />19,000)
<br />141,500
<br />Cash with paying agent
<br />(
<br />400)
<br />(
<br />400)
<br />( 390)
<br />Accounts receivable
<br />(
<br />197)
<br />11,400
<br />11,203
<br />1,984
<br />Accrued interest receivable
<br />(
<br />265)
<br />(
<br />58)
<br />(
<br />323)
<br />( 340)
<br />Prepaid insurance
<br />49
<br />(
<br />100)
<br />(
<br />51)
<br />243
<br />Inventories
<br />285
<br />285
<br />( 75)
<br />Accounts payable
<br />7,056
<br />(
<br />724)
<br />6,332
<br />( 6,098)
<br />Bonds and interest payable
<br />400
<br />400
<br />390
<br />Accrued payables
<br />(
<br />165)
<br />(
<br />20)
<br />(
<br />185)
<br />( 1,015)
<br />Current portion of long-term
<br />term debt
<br />(
<br />5,000)
<br />(
<br />5,000)
<br />Due to Metropolitan Waste
<br />Control Commission
<br />1,254
<br />1,254
<br />( 730)
<br />Due to General Fund
<br />2,100
<br />2,100
<br />4,200
<br />( 1,600)
<br />24.330 267 _ 14 62)
<br />See accompanying notes to financial statements.
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