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CITY OF RAMSEY
<br />Statement of Revenue, Expenses, and Changes in Net Position
<br />Proprietary Funds
<br />Year Ended December 31, 2013
<br />Business -Type Activities — Enterprise Funds
<br />Street Light
<br />Water Utility Sewer Utility Utility
<br />Operating revenue
<br />Charges for services $ 1,997,302 $ 1,336,536 $ 177,158
<br />Sewer access surcharge - 5,138 -
<br />Other - - -
<br />Total operating revenue 1,997,302 1,341,674 177,158
<br />Operating expenses
<br />Personal services 278,702 89,748
<br />Supplies 158,009 28,143
<br />Service charges
<br />Disposal charges - 584,352 -
<br />Other 232,665 47,428 135,694
<br />Depreciation 623,825 440,880 41,042
<br />Total operating expenses 1,293,201 1,190,551 176,736
<br />Operating income (loss) 704,101
<br />151,123 422
<br />Nonoperating revenue
<br />Intergovernmental revenue - - -
<br />Investment earnings (charges) (201,533) (109,601) (21,494)
<br />Total nonoperating revenue (201,533) (109,601) (21,494)
<br />Income before contributions and transfers
<br />Capital contributions
<br />Transfers out
<br />Change in net position
<br />Net position
<br />Beginning of year
<br />End of year
<br />See notes to basic financial statements
<br />502,568 41,522 (21,072)
<br />381,939 83,348 23,400
<br />(35,000) (29,000) (15,000)
<br />849,507 95,870 (12,672)
<br />39,262,115 26,660,606 1,673,212
<br />$ 40,111,622 $ 26,756,476 $ 1,660,540
<br />56
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