|
CITY OF RAMSEY
<br />Statement of Revenue, Expenses, and Changes in Net Position
<br />Proprietary Funds
<br />Year Ended December 31, 2015
<br />Business -Type Activities - Enterprise Funds
<br />Street Light
<br />Water Utility Sewer Utility Utility
<br />Operating revenue
<br />Charges for services $ 2,045,225 $ 1,389,312 $ 190,872
<br />Sewer access surcharge - 2,789
<br />Other
<br />Total operating revenue 2,045,225 1,392,101 190,872
<br />Operating expenses
<br />Personal services 335,725 148,223
<br />Supplies 121,469 19,294
<br />Service charges
<br />Disposal charges - 610,514
<br />Other 197,824 52,639 137,425
<br />Depreciation 623,186 460,839 41,241
<br />Total operating expenses 1,278,204 1,291,509 178,666
<br />Operating income (loss) 767,021
<br />100,592 12,206
<br />Nonoperating revenue
<br />Intergovermnental revenue
<br />Investment earnings 210,623 138,674 15,752
<br />Total nonoperating revenue 210,623 138,674 15,752
<br />Income before contributions and transfers
<br />977,644 239,266 27,958
<br />Capital contributions 710,833
<br />Transfers out
<br />278,702 15,600
<br />(38,000) (32,000) (17,000)
<br />Change in net position 1,650,477
<br />Net position
<br />Beginning of year, as restated 41,104,301
<br />485,968 26,558
<br />27,056,278 1,717,792
<br />End of year $ 42,754,778 $ 27,542,246 $ 1,744,350
<br />See notes to basic financial statements
<br />54
<br />
|