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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, 2021
<br />With Comparative Totals For December 31, 2020
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2021 2020
<br />Sales $7,259,565 $ - $ - $7,259,565 $7,015,974 $ -
<br />Cost of sales (5,431,563) - - (5,431,563) (5,252,004) -
<br /> Gross profit 1,828,002 0 0 1,828,002 1,763,970 0
<br />Operating revenues:
<br /> Customer billings - 2,614,535 212,308 2,826,843 2,565,833 -
<br /> Charges for services - - - - - 676,492
<br /> Total operating revenues 0 2,614,535 212,308 2,826,843 2,565,833 676,492
<br /> Total gross profit and operating revenues 1,828,002 2,614,535 212,308 4,654,845 4,329,803 676,492
<br />Operating expenses:
<br /> Personal services 869,391 858,238 - 1,727,629 1,768,109 (202,234)
<br /> Supplies 355,439 105,440 75 460,954 558,631 -
<br /> Contracted services 73,355 146,449 51,906 271,710 280,251 -
<br /> Treatment charges (MCES) - 719,437 - 719,437 712,664 -
<br /> Other 10,437 212,960 1,172 224,569 222,921 -
<br /> Total operating expenses, excluding depreciation 1,308,622 2,042,524 53,153 3,404,299 3,542,576 (202,234)
<br /> Depreciation 72,085 612,059 290,728 974,872 981,306 -
<br /> Total operating expenses 1,380,707 2,654,583 343,881 4,379,171 4,523,882 (202,234)
<br />Operating income (loss)447,295 (40,048) (131,573) 275,674 (194,079) 878,726
<br />Nonoperating revenues (expenses):
<br /> Investment income (3,466) (7,698) (747) (11,911) 45,267 (1,036)
<br />Intergovernmental revenue - - - - - 39,783
<br /> Interest expense - (4,064) - (4,064) (8,540) -
<br /> Gain on disposal of asset - - 6,620 6,620 - -
<br /> Miscellaneous 1,026 11,361 - 12,387 13,360 -
<br />Total nonoperating revenues (expenses)(2,440) (401) 5,873 3,032 50,087 38,747
<br />Income (loss) before contributions and transfers 444,855 (40,449) (125,700) 278,706 (143,992) 917,473
<br />Contributions and transfers:
<br /> Capital contributions - 1,002,344 384,925 1,387,269 37,362 -
<br /> Transfers in - - - - - 86,300
<br /> Transfers out (250,000) - - (250,000) (250,000) -
<br />Total contributions and transfers (250,000) 1,002,344 384,925 1,137,269 (212,638) 86,300
<br />Change in net position 194,855 961,895 259,225 1,415,975 (356,630) 1,003,773
<br />Net position - January 1 2,415,537 16,475,804 9,085,695 27,977,036 28,333,666 (7,345,419)
<br />Net position - December 31 $2,610,392 $17,437,699 $9,344,920 $29,393,011 $27,977,036 ($6,341,646)
<br />Change in net position reported for business-type activities above $1,415,975 ($356,630)
<br />Transfer in of capital assets from governmental activities 1,387,269 37,362
<br />Portion of contribution revenue reported above (1,387,269) (37,362)
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds.93,445 54,328
<br />Change in net position of business-type activities (Statement 2)$1,509,420 ($302,302)
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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