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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, 2022
<br />With Comparative Totals For December 31, 2021
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />2022 2021
<br />Sales $7,040,797 $ - $ - $7,040,797 $7,259,565 $ -
<br />Cost of sales (5,212,277) - - (5,212,277) (5,431,563) -
<br /> Gross profit 1,828,520 0 0 1,828,520 1,828,002 0
<br />Operating revenues:
<br /> Customer billings - 2,678,069 218,168 2,896,237 2,826,843 -
<br /> Charges for services - - - - - 718,239
<br /> Total operating revenues 0 2,678,069 218,168 2,896,237 2,826,843 718,239
<br /> Total gross profit and operating revenues 1,828,520 2,678,069 218,168 4,724,757 4,654,845 718,239
<br />Operating expenses:
<br /> Personal services 830,985 950,052 - 1,781,037 1,727,629 1,201,781
<br /> Supplies 370,593 144,265 23 514,881 460,954 -
<br /> Contracted services 60,402 210,714 102,096 373,212 271,710 -
<br /> Treatment charges (MCES) - 711,020 - 711,020 719,437 -
<br /> Other 9,695 229,621 1,125 240,441 224,569 -
<br /> Total operating expenses, excluding depreciation 1,271,675 2,245,672 103,244 3,620,591 3,404,299 1,201,781
<br /> Depreciation 80,142 650,240 311,985 1,042,367 974,872 -
<br /> Total operating expenses 1,351,817 2,895,912 415,229 4,662,958 4,379,171 1,201,781
<br />Operating income (loss) 476,703 (217,843) (197,061) 61,799 275,674 (483,542)
<br />Nonoperating revenues (expenses):
<br /> Investment income (27,751) (51,770) (6,350) (85,871) (11,911) (7,377)
<br />Intergovernmental revenue - - - - - 119,289
<br /> Interest expense - (2,300) - (2,300) (4,064) -
<br /> Gain on disposal of asset - - 1,400 1,400 6,620 -
<br /> Miscellaneous 893 22,482 1,500 24,875 12,387 -
<br />Total nonoperating revenues (expenses) (26,858) (31,588) (3,450) (61,896) 3,032 111,912
<br />Income (loss) before contributions and transfers 449,845 (249,431) (200,511) (97) 278,706 (371,630)
<br />Contributions and transfers:
<br /> Capital contributions - 845,081 311,250 1,156,331 1,387,269 -
<br /> Transfers in - - 30,535 30,535 - 86,300
<br /> Transfers out (275,000) - (161,903) (436,903) (250,000) -
<br />Total contributions and transfers (275,000) 845,081 179,882 749,963 1,137,269 86,300
<br />Change in net position 174,845 595,650 (20,629) 749,866 1,415,975 (285,330)
<br />Net position - January 1 2,610,392 17,437,699 9,344,920 29,393,011 27,977,036 (6,341,646)
<br />Net position - December 31 $2,785,237 $18,033,349 $9,324,291 $30,142,877 $29,393,011 ($6,626,976)
<br />Change in net position reported for business-type activities above $749,866 $1,415,975
<br />Transfer in of capital assets from governmental activities 1,156,331 1,387,269
<br />Transfers in reported as contribution revenue reported above (1,156,331) (1,387,269)
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds. (81,128) 93,445
<br />Change in net position of business-type activities (Statement 2) $668,738 $1,509,420
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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