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<br />CITY OF ST. ANTHONY, MINNESOTA
<br />UTILITY OPERATING FUNDS
<br />[ENTS OF CHANGES IN FINANCIAL POSITION
<br />See accompanying notes to financial statements.
<br />1979
<br />1978
<br />Water
<br />Sewer
<br />Combined
<br />Combined
<br />SOURCE OF FUNDS
<br />Operations
<br />Net income (loss)
<br />$ 3,289
<br />$( 34,959)
<br />$( 31,670)
<br />$ 58,257
<br />Depreciation
<br />31,561
<br />4,492
<br />36,053
<br />32,864
<br />Loss on disposal of assets
<br />604
<br />-0-
<br />604
<br />901
<br />$ 35,454
<br />$( 30,467)
<br />$ 4,987
<br />$ 92,022
<br />Transfer from Water Construction
<br />Fund
<br />61,530
<br />61,530
<br />Transfer from General Reserve Fund
<br />7,980
<br />Increase in meter deposits
<br />2,300
<br />2,300
<br />2,965
<br />Reduction of long-term receivable
<br />4,390
<br />4,390
<br />4,421
<br />Assets contributed from other funds
<br />29,569
<br />29,569
<br />Decrease in working capital
<br />40,997
<br />40,997
<br />983
<br />$ 99 284
<br />$ 44.489
<br />$ 143,773
<br />$ 108.371
<br />APPLICATION OF FUNDS
<br />Transfer to General Fund
<br />$ 12,000
<br />$ 10,000
<br />$ 22,000
<br />$ 20,000
<br />Purchase of property and equipment
<br />81,929
<br />30,786
<br />112,715
<br />56,196
<br />Reduction of long-term debt
<br />25,000
<br />Reduction of deferred gain
<br />3,703
<br />3,703
<br />3,561
<br />Increase in working capital
<br />5,355
<br />5,355
<br />3,614
<br />$ 99.284
<br />$ 44.489
<br />S 143.773
<br />$ 108.371
<br />Various elements of net increase
<br />(decrease) in working capital
<br />Cash and temporary investments
<br />$( 4,908)
<br />$( 32,000)
<br />$( 36,908)
<br />$(101,850)
<br />Cash with paying agent
<br />( 25,290)
<br />( 25,290)
<br />( 500)
<br />Accounts receivable
<br />1,867
<br />( 10,879)
<br />( 9,012)
<br />19,194
<br />Due from other funds
<br />( 9,412)
<br />( 633)
<br />( 10,045)
<br />10,045
<br />Prepaid insurance
<br />375
<br />( 732)
<br />( 357)
<br />8,505
<br />Inventory
<br />191
<br />-0-
<br />191
<br />535
<br />Accounts payable
<br />257
<br />( 49)
<br />208
<br />6,827
<br />Contracts payable
<br />( 7,103)
<br />4,246
<br />( 2,857)
<br />Matured bonds and interest
<br />25,290
<br />=0-
<br />25,290
<br />500
<br />Current portion of long-term debt 25,000
<br />-0-
<br />25,000
<br />25,000
<br />Accrued liabilities
<br />( 912)
<br />( 950)
<br />( 1,862)
<br />71
<br />Due to Metropolitan Waste
<br />Control Commission
<br />8,688
<br />Due to other funds
<br />25,616
<br />Increase (decrease) in working
<br />capital
<br />S5,355
<br />S(40.997)
<br />$( 35.642)
<br />$ 2.631
<br />See accompanying notes to financial statements.
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