|
CITY OF RAMSEY
<br />Statement of Revenue, Expenses, and Changes in Net Position
<br />Proprietary Funds
<br />Year Ended December 31, 2023
<br />Operating revenue
<br />Charges for services
<br />Sewer access surcharge
<br />Other
<br />Total operating revenue
<br />Business -Type Activities — Enterprise Funds
<br />Street Light
<br />Water Utility Sewer Utility Utility
<br />$ 3,574,961 $ 1,986,513 $ 234,607
<br />7,952 —
<br />3,574,961 1,994,465
<br />Operating expenses
<br />Personal services 483,708 270,498
<br />Supplies 367,112 26,412
<br />Service charges
<br />Disposal charges — 1,138,899
<br />Other 361,729 95,989
<br />Depreciation 849,765 678,004
<br />Total operating expenses 2,062,314 2,209,802
<br />Operating income (loss) 1,512,647 (215,337)
<br />Nonoperating revenue
<br />Intergovernmental revenue 30 39,613
<br />Investment earnings 2,072,701 850,112
<br />Total nonoperating revenue 2,072,731 889,725
<br />Income before contributions and transfers 3,585,378 674,388
<br />Capital contributions - developer contributions
<br />Capital contributions - connection fees
<br />Transfers in
<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 />869,797 1,035,124
<br />1,060,692 137,777
<br />76,550 12,026
<br />(51,000) (45,000) (27,000)
<br />234,607
<br />142,299
<br />31,625
<br />173,924
<br />60,683
<br />64,707
<br />64,707
<br />125,390
<br />5,541,417 1,814,315 98,390
<br />55,298,323 31,521,187
<br />1,774,396
<br />$ 60,839,740 $ 33,335,502 $ 1,872,786
<br />54
<br />
|