|
Copyright ©2013 HLB Tautges Redpath, Ltd.
<br />Water and Sewer Enterprise Fund:
<br />–S e w e r operations for the past six years is as
<br />follows:
<br />–T h e City increased sewer rates for 2012 and
<br />2013.
<br />11
<br />Management Letter
<br />$ -
<br />$200,000
<br />$400,000
<br />$600,000
<br />$800,000
<br />$1,000,000
<br />$1,200,000
<br />$ -
<br />$200,000
<br />$400,000
<br />$600,000
<br />$800,000
<br />$1,000,000
<br />$1,200,000
<br />2007 2008 2009 2010 2011 2012
<br />Other Operating
<br />Expenses
<br />MCES
<br />Operating
<br />Revenue
<br />Sewer Operations
<br />Revenue and
<br />Expenses
<br />Copyright ©2013 HLB Tautges Redpath, Ltd.
<br />Liquor Fund:
<br />– 2012 net income before transfers is
<br />$529,273.
<br />–A n analysis of 2012 activity is as follows:
<br />12
<br />Management Letter
<br />Market Place Silver Lake Village
<br />Amount Percent Amount Percent Amount Percent
<br />Operating revenues $3,891,303 100.0% $3,248,078 100.0% $7,139,381 100.0%
<br />Cost of goods sold 2,968,117 76.3% 2,435,204 75.0% 5,403,321 75.7%
<br />Gross margin 923,186 23.7% 812,874 25.0% 1,736,060 24.3%
<br />Other operating expenses 614,782 15.8% 595,397 18.3% 1,210,179 17.0%
<br />Net income from operations 308,404 7.9% 217,477 6.7% 525,881 7.4%
<br />Net nonoperating revenues
<br />(expenses) 503 0.0% 2,889 0.1% 3,392 0.0%
<br />Income before transfers $308,907 7.9% $220,366 6.8% $529,273 7.4%
|