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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, 2019
<br />With Comparative Totals For Enterprise Funds For The Year Ended December 31, 2018
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2019 2018
<br />Sales $6,160,868 $ - $ - $6,160,868 $5,867,452 $ -
<br />Cost of sales (4,614,845) - - (4,614,845) (4,344,764) -
<br /> Gross profit 1,546,023 0 0 1,546,023 1,522,688 0
<br />Operating revenues:
<br /> Customer billings - 2,206,841 206,700 2,413,541 2,323,418 -
<br /> Connection charges - 3,450 - 3,450 51,200 -
<br /> Charges for services - - - - - 620,361
<br /> Total operating revenues 0 2,210,291 206,700 2,416,991 2,374,618 620,361
<br /> Total gross profit and operating revenues 1,546,023 2,210,291 206,700 3,963,014 3,897,306 620,361
<br />Operating expenses:
<br /> Personal services 817,908 912,811 - 1,730,719 1,698,471 614,422
<br /> Supplies 318,173 250,368 44 568,585 580,783 -
<br /> Contracted services 56,315 137,828 43,053 237,196 245,677 -
<br /> Treatment charges (MCES) - 733,670 - 733,670 708,567 -
<br /> Other 8,796 196,127 2,525 207,448 216,378 -
<br /> Depreciation 71,110 613,335 263,164 947,609 862,940 -
<br /> Total operating expenses 1,272,302 2,844,139 308,786 4,425,227 4,312,816 614,422
<br />Operating income (loss)273,721 (633,848) (102,086) (462,213) (415,510) 5,939
<br />Nonoperating revenues (expenses):
<br /> Investment income 20,757 56,952 6,177 83,886 32,771 7,001
<br />Intergovernmental revenue - - - - - 37,261
<br /> Interest expense - (11,059) - (11,059) (13,687) -
<br /> Miscellaneous (172) 29,466 - 29,294 12,565 -
<br />Total nonoperating revenues (expenses)20,585 75,359 6,177 102,121 31,649 44,262
<br />Income (loss) before contributions and transfers 294,306 (558,489) (95,909) (360,092) (383,861) 50,201
<br />Contributions and transfers:
<br /> Capital contributions - 756,666 1,402,512 2,159,178 1,522,678 -
<br /> Capital contributions - intergovernmental - - - - 126,991 -
<br /> Transfers in - - - - 102,705 86,300
<br /> Transfers out (250,000) - (85,000) (335,000) (373,394) -
<br />Total contributions and transfers (250,000) 756,666 1,317,512 1,824,178 1,378,980 86,300
<br />Change in net position 44,306 198,177 1,221,603 1,464,086 995,119 136,501
<br />Net position - January 1 2,184,515 16,669,114 8,015,951 26,869,580 25,874,461 (7,929,852)
<br />Net position - December 31 $2,228,821 $16,867,291 $9,237,554 $28,333,666 $26,869,580 ($7,793,351)
<br />Change in net position reported for business-type activities above $1,464,086 $995,119
<br />Transfer in of capital assets from governmental activities 2,159,178 1,522,678
<br />Portion of contribution revenue reported above (2,159,178) (1,522,678)
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds.(31,386) (13,469)
<br />Change in net position of business-type activities (Statement 2)$1,432,700 $981,650
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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