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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, 2020
<br />With Comparative Totals For December 31, 2019
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2020 2019
<br />Sales $7,015,974 $ - $ - $7,015,974 $6,160,868 $ -
<br />Cost of sales (5,252,004) - - (5,252,004) (4,614,845) -
<br /> Gross profit 1,763,970 0 0 1,763,970 1,546,023 0
<br />Operating revenues:
<br /> Customer billings - 2,355,173 210,660 2,565,833 2,413,541 -
<br /> Connection charges - - - - 3,450 -
<br /> Charges for services - - - - - 673,518
<br /> Total operating revenues 0 2,355,173 210,660 2,565,833 2,416,991 673,518
<br /> Total gross profit and operating revenues 1,763,970 2,355,173 210,660 4,329,803 3,963,014 673,518
<br />Operating expenses:
<br /> Personal services 871,671 896,438 - 1,768,109 1,730,719 366,009
<br /> Supplies 358,026 200,605 - 558,631 568,585 -
<br /> Contracted services 70,393 140,281 69,577 280,251 237,196 -
<br /> Treatment charges (MCES) - 712,664 - 712,664 733,670 -
<br /> Other 9,282 206,852 6,787 222,921 207,448 -
<br /> Total operating expenses, excluding depreciation 1,309,372 2,156,840 76,364 3,542,576 3,477,618 366,009
<br /> Depreciation 70,859 619,233 291,214 981,306 947,609 -
<br /> Total operating expenses 1,380,231 2,776,073 367,578 4,523,882 4,425,227 366,009
<br />Operating income (loss)383,739 (420,900) (156,918) (194,079) (462,213) 307,509
<br />Nonoperating revenues (expenses):
<br /> Investment income 13,127 27,781 4,359 45,267 83,886 4,698
<br />Intergovernmental revenue - - - - - 49,425
<br /> Interest expense - (8,540) - (8,540) (11,059) -
<br /> Miscellaneous 9,494 3,166 700 13,360 29,294 -
<br />Total nonoperating revenues (expenses)22,621 22,407 5,059 50,087 102,121 54,123
<br />Income (loss) before contributions and transfers 406,360 (398,493) (151,859) (143,992) (360,092) 361,632
<br />Contributions and transfers:
<br /> Capital contributions 30,356 7,006 - 37,362 2,159,178 -
<br /> Transfers in - - - - - 86,300
<br /> Transfers out (250,000) - - (250,000) (335,000) -
<br />Total contributions and transfers (219,644) 7,006 - (212,638) 1,824,178 86,300
<br />Change in net position 186,716 (391,487) (151,859) (356,630) 1,464,086 447,932
<br />Net position - January 1 2,228,821 16,867,291 9,237,554 28,333,666 26,869,580 (7,793,351)
<br />Net position - December 31 $2,415,537 $16,475,804 $9,085,695 $27,977,036 $28,333,666 ($7,345,419)
<br />Change in net position reported for business-type activities above ($356,630) $1,464,086
<br />Transfer in of capital assets from governmental activities 37,362 2,159,178
<br />Portion of contribution revenue reported above (37,362) (2,159,178)
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds.54,328 (31,386)
<br />Change in net position of business-type activities (Statement 2)($302,302) $1,432,700
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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