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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, 2025 <br />Operating revenue <br />Charges for services <br />Sewer access surcharge <br />Other <br />Total operating revenue <br />Operating expenses <br />Personal services <br />Supplies <br />Service charges <br />Disposal charges <br />Other <br />Depreciation <br />Total operating expenses <br />Operating income (loss) <br />Nonoperating revenue <br />Intergovernmental revenue <br />Capital contributions to governmental activities <br />Loss on disposal of assets <br />Investment earnings <br />Total nonoperating revenue <br />Income (loss) before contributions and transfers <br />Capital contributions - developer contributions <br />Capital contributions - capital grants <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 />Business -Type Activities — Enterprise Funds <br />Street Light <br />Water Utility Sewer Utility Utility <br />$ 3,610,668 $ 2,553,638 $ 257,712 <br />6,983 <br />3,610,668 <br />556,844 <br />374,898 <br />354,683 <br />1,074,471 <br />2,360,896 <br />1,249,772 <br />1,480,054 <br />1,480,054 <br />2,729,826 <br />1,492,959 <br />393,391 <br />889,637 <br />81,172 <br />(59,000) <br />5,527,985 <br />2,560,621 <br />334,605 <br />11,914 <br />1,277,649 <br />95,247 <br />750,634 <br />2,470,049 <br />90,572 <br />(69,541) <br />576,107 <br />506,566 <br />597,138 <br />1,925,282 <br />176,314 <br />16,718 <br />(53,000) <br />2,662,452 <br />76,068,276 27,859,546 <br />257,712 <br />185,475 <br />30,651 <br />216,126 <br />41,586 <br />67,188 <br />67,188 <br />108,774 <br />6,437 <br />(31,000) <br />84,211 <br />2,038,066 <br />$ 81,596,261 $ 30,521,998 $ 2,122,277 <br />54 <br />