|
Gjobodf
<br />City of Ramsey
<br />Year Ended December 31, 2007
<br />Statement of Revenue, Expenses, and Changes in Net Assets - Proprietary Funds
<br />Governmental
<br />Business-Type Activities – Enterprise FundsActivities
<br />RecyclingStorm WaterInternal
<br />Water UtilitySewer UtilityStreet LightUtilityUtilityTotalsService
<br />Operating revenue
<br />Charges for services1,438,893$ 1,093,170$ 173,541$ 291,152$ 503,553$ 3,500,309$ –$
<br />Sewer access surcharge– 4,395 – – – 4,395 –
<br />Other1,765 3,383 – – – 5,148 21,691
<br />Total operating revenue1,440,658 1,100,948 173,541 291,152 503,553 3,509,852 21,691
<br />Operating expenses
<br />Personal services188,809 47,686 – 3,765 67,311 307,571 –
<br />SuppliesSupplies152577152,57752335,233–46564,6561977019,770182236182,236–
<br />Service charges
<br />Disposal charges 399,681––– 399,681––
<br />Other149,50338,01183,334275,325173,777719,95041,289
<br />Depreciation421,205347,84127,503 179,839–976,388–
<br />Total operating expenses912,094838,452110,837283,746440,6972,585,82641,289
<br />Operating income (loss)528,564262,49662,7047,40662,856924,026(19,598)
<br />Nonoperating revenue
<br />Investment earnings640,223330,82454,62863515,3111,041,62125,172
<br />Total nonoperating revenue640,223330,82454,62863515,3111,041,62125,172
<br />Income before contributions and transfers1,168,787593,320117,3328,04178,1671,965,6475,574
<br />Capital contributions1,055,145986,11165,420 660,990–2,767,666–
<br />Transfers in (out)(22,000)(17,000)(10,000)(6,200)348,035292,835–
<br />Change in net assets 2,201,9321,562,431172,7521,8411,087,1925,026,1485,574
<br />Net assets
<br />Beginning of year32,293,01123,044,9961,247,516105,7768,382,48565,073,784426,679
<br />EndofyearEndofyear$$3449494334,494,943$$2460742724,607,427$$14202681,420,268$$107617107,617$$94696779,469,677$$7009993270,099,932$$432253432,253
<br />Statement of Cash Flows - Proprietary Funds
<br />Governmental
<br />Business-Type Activities Î Enterprise FundsActivities
<br />Recycling Storm Water Internal
<br />Water UtilitySewer UtilityStreet Light Utility Utility TotalsService
<br />Cash flows from operating activities
<br />Receipts from customers and users1,389,314$ 1,072,576$ 170,532$ $ 288,295$ 491,446$ 3,412,163$Î
<br />Receipts from interfund services provided Î Î Î Î Î Î21,691
<br />Paid to suppliers/service providers (492,544) (590,725) (88,162) (279,981) (504,544) (1,955,956)(34,335)
<br />Paid to employees (188,809) (47,686) Î (3,765) (67,311) (307,571)Î
<br />Net cash provided (used) by operating activities 434707,961 82,165 4,370,549 (80,409)1,148,636(12,644)
<br />p()ypg,,,,(,),,(,)
<br />Cash flows from capital and related financing activities
<br />Capital contributions 417,039 460,380 65,420 Î Î 942,839 Î
<br />Acquisition of capital assets(845,680) (256,864) (71,910) Î 184,256 (990,198) Î
<br />Net cash provided (used) by capital (428,641) 203,516 (6,490) Î 184,256 (47,359) Î
<br /> and related financing activities
<br />Cash flows from investing activities
<br />Interest received on investments640,223 330,824 54,628 635 15,311 1,041,621 25,172
<br />Cash flows from noncapital financing activities
<br />Transfers in (out)(22,000) (17,000) (10,000) (6,200) 348,035 292,835 Î
<br />Net increase (decrease) in cash and temporary
<br /> investments/cash equivalents897,543 951,505 120,508 (1,016) 467,193 2,435,733 12,528
<br />Cash and temporary investments/cash equivalents
<br />Beginning of year11,311,072 5,277,635 890,447 18,116 143,233 17,640,503 426,762
<br />End of year$ 6,229,14012,208,615$ 1,010,955$ $ 17,100$ 610,426$ 439,29020,076,236$
<br />4 www.ci.ramsey.mn.us
<br />
|