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CITY OF HUGO, MINNESOTA
<br />PROPRIETARY FUND
<br />Schedule of Revenues and Expenses - By Department
<br />For the Year Ended December 31, 2016
<br />Operating Revenue
<br />Sale of water
<br />Meter sales
<br />Sewer charges
<br />Total Operating Revenues
<br />Operating Expenses
<br />Compensation
<br />Engineering
<br />Electricity
<br />Repairs and maintenance
<br />Sewer charges - MCES
<br />Depreciation
<br />Miscellaneous
<br />Total Operating Expenses
<br />Operating Income (Loss)
<br />Other Revenue (Expense)
<br />Water and Sewer Utility Fund
<br />Water Sewer Construction
<br />Department Department Department Totals
<br />$ 858,525 $ $ $ 858,525
<br />32,770 32,770
<br />1,101,429 1,101,429
<br />891,295 1,101,429 1,992,724
<br />193,677
<br />193,677
<br />Rental income
<br />387,354
<br />7,460
<br />445,984
<br />54,213
<br />61,673
<br />90,555
<br />9,101
<br />Miscellaneous
<br />99,656
<br />201,152
<br />28,838
<br />511,386
<br />741,376
<br />514,502
<br />514,502
<br />377,154
<br />229,424
<br />606,578
<br />59,130
<br />52,205
<br />2,729
<br />114,064
<br />929,128
<br />1,027,747
<br />568,328
<br />2,525,203
<br />$ (37,833) $ 73,682 $ (568,328) (532,479)
<br />Future infrastructure charges
<br />371,765
<br />Rental income
<br />30,874
<br />Intergovernmental revenue
<br />445,984
<br />Investment earnings
<br />65,119
<br />Net (decrease) in the fair value of investments
<br />(22,568)
<br />Miscellaneous
<br />103,120
<br />Total Other Revenue (Expense)
<br />994,294
<br />Net Income Before Transfers and Contributions 461,815
<br />Capital contributions - special assessments 37,076
<br />Noncash capital contributions 569,628
<br />Transfers (109,068)
<br />Change in Net Position $ 959,451
<br />79
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