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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENSES AND Statement 7
<br />CHANGES IN FUND NET POSITION
<br />PROPRIETARY FUNDS
<br />For The Year Ended December 31, 2015
<br />With Comparatvie Totals For Enterprise Funds For The Year Ended December 31, 2014
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />2015 2014
<br />Sales $5,893,916 $ - $ - $5,893,916 $6,078,039 $ -
<br />Cost of sales (4,572,858) - - (4,572,858) (4,704,566) -
<br /> Gross profit 1,321,058 0 0 1,321,058 1,373,473 0
<br />Operating revenues:
<br /> Customer billings - 1,844,850 - 1,844,850 1,789,849 -
<br /> Connection charges - 9,130 - 9,130 10,400 -
<br /> Charges for services - - - - - 596,897
<br /> Total operating revenues 0 1,853,980 0 1,853,980 1,800,249 596,897
<br /> Total gross profit and operating revenues 1,321,058 1,853,980 0 3,175,038 3,173,722 596,897
<br />Operating expenses:
<br /> Personal services 695,655 785,143 - 1,480,798 1,457,929 765,630
<br /> Supplies 315,899 65,062 - 380,961 402,004 -
<br /> Contracted services 40,781 156,947 - 197,728 231,139 -
<br /> Treatment charges (MCES) - 593,381 - 593,381 620,470 -
<br /> Other 19,421 168,714 - 188,135 228,999 -
<br /> Depreciation 75,658 308,359 - 384,017 365,521 -
<br /> Total operating expenses 1,147,414 2,077,606 0 3,225,020 3,306,062 765,630
<br />Operating income (loss) 173,644 (223,626) 0 (49,982) (132,340) (168,733)
<br />Nonoperating revenues (expenses):
<br /> Investment income 4,014 82,393 - 86,407 111,512 576
<br /> Intergovernmental revenue - - - - - 24,930
<br /> Interest expense - (19,984) - (19,984) (22,275) -
<br /> Fees and cost of issuance - (742) - (742) (683) -
<br /> Refunds and reimbursements - 45,655 - 45,655 - -
<br /> Miscellaneous revenue 72,273 16,391 - 88,664 61,444 -
<br />Total nonoperating revenues (expenses) 76,287 123,713 0 200,000 149,998 25,506
<br />Income (loss) before capital
<br />contributions and transfers 249,931 (99,913) - 150,018 17,658 (143,227)
<br />Capital contributions and transfers:
<br /> Capital contributions - 677,200 5,630,928 6,308,128 497,781 -
<br /> Transfers in - - 179,701 179,701 15,645 86,300
<br /> Transfers out (249,049) (185,564) - (434,613) (495,444) -
<br />Change in net position 882 391,723 5,810,629 6,203,234 35,640 (56,927)
<br />Net position - January 1, as previously reported 2,113,362 9,493,190 - 11,606,552 11,570,912 (634,994)
<br />Prior period adjustment - - - - - (4,548,640)
<br />Net position - January 1, as restated 2,113,362 9,493,190 - 11,606,552 11,570,912 (5,183,634)
<br />Net position - December 31 $2,114,244 $9,884,913 $5,810,629 $17,809,786 $11,606,552 ($5,240,561)
<br />Net position reported for business-type activities above $17,809,786
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds. (16,943)
<br />Net position of business-type activites (Statement 2) $17,792,843
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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