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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, 2016
<br />With Comparatvie Totals For Enterprise Funds For The Year Ended December 31, 2015
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />2016 2015
<br />Sales $5,822,783 $ - $ - $5,822,783 $5,893,916 $ -
<br />Cost of sales (4,468,066) - - (4,468,066) (4,572,858) -
<br /> Gross profit 1,354,717 0 0 1,354,717 1,321,058 0
<br />Operating revenues:
<br /> Customer billings - 1,923,256 192,748 2,116,004 1,844,850 -
<br /> Connection charges - 15,300 - 15,300 9,130 -
<br /> Charges for services - - - - - 608,134
<br /> Total operating revenues 0 1,938,556 192,748 2,131,304 1,853,980 608,134
<br /> Total gross profit and operating revenues 1,354,717 1,938,556 192,748 3,486,021 3,175,038 608,134
<br />Operating expenses:
<br /> Personal services 717,308 812,927 - 1,530,235 1,480,798 2,529,487
<br /> Supplies 308,200 74,742 14,758 397,700 380,961 -
<br /> Contracted services 44,619 98,866 46,233 189,718 197,728 -
<br /> Treatment charges (MCES) - 576,237 - 576,237 593,381 -
<br /> Other 12,181 155,646 - 167,827 188,135 -
<br /> Depreciation 68,064 332,399 130,664 531,127 384,017 -
<br /> Total operating expenses 1,150,372 2,050,817 191,655 3,392,844 3,225,020 2,529,487
<br />Operating income (loss) 204,345 (112,261) 1,093 93,177 (49,982) (1,921,353)
<br />Nonoperating revenues (expenses):
<br /> Investment income 5,973 23,907 1,217 31,097 86,407 1,566
<br />Intergovernmental revenue - - - - - 37,454
<br /> Interest expense - (17,688) - (17,688) (19,984) -
<br /> Fees and cost of issuance - (1,292) - (1,292) (742) -
<br /> Refunds and reimbursements - 50 - 50 45,655 -
<br /> Army settlement - 130,932 - 130,932 - -
<br /> Gain on sale of assets - 1,350 - 1,350 - -
<br /> Miscellaneous revenue 53,085 8,750 1,570 63,405 88,664 -
<br />Total nonoperating revenues (expenses) 59,058 146,009 2,787 207,854 200,000 39,020
<br />Income (loss) before capital
<br />contributions and transfers 263,403 33,748 3,880 301,031 150,018 (1,882,333)
<br />Capital contributions and transfers:
<br /> Capital contributions - 819,779 354,268 1,174,047 6,308,128 -
<br /> Capital contributions - intergovernmental - - 1,166,747 1,166,747 - -
<br /> Transfers in - - - - 179,701 86,300
<br /> Transfers out (249,049) (2,711,836) (170,000) (3,130,885) (434,613) -
<br />Total capital contributions and transfers (249,049) (1,892,057) 1,351,015 (790,091) 6,053,216 86,300
<br />Change in net position 14,354 (1,858,309) 1,354,895 (489,060) 6,203,234 (1,796,033)
<br />Net position - January 1 2,114,244 9,884,913 5,810,629 17,809,786 11,606,552 (5,240,561)
<br />Net position - December 31 $2,128,598 $8,026,604 $7,165,524 $17,320,726 $17,809,786 ($7,036,594)
<br />Change in net position reported for business-type activities above ($489,060) $6,203,234
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds. (120,834) (16,943)
<br />Change in net position of business-type activites (Statement 2) ($609,894) $6,186,291
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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