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2003 CAFR
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2003 CAFR
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CITY OF RAMSEY <br />Insurance — Internal Service Fund <br />Comparative Statement of Revenue, Expenses, and Changes in Retained Earnings <br />Years Ended December 31, 2003 and 2002 <br />Operating revenue <br />Other $ 25,645 $ 19,663 <br />Operating expenses <br />Supplies 2,920 <br />Service charges <br />Other 23,032 4,936 <br />Total operating expenses 25,952 4,936 <br />Operating income (loss) (307) 14,727 <br />Nonoperating revenue <br />Investment earnings 9,016 19,028 <br />Net income 8,709 33,755 <br />Retained earnings <br />Beginning of year 401,980 368,225 <br />End of year $ 410,689 $ 401,980 <br />Exhibit G -2 <br />2003 2002 <br />
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