Laserfiche WebLink
Exhibit F-13 <br />CITY OF RAMSEY <br />Storm Water Utility Fund <br />Comparative Statement of Revenue, Expenses, and Changes in Retained Earnings <br />Years Ended December 31, 2001 and 2000 <br />2001 2000 <br />Operating revenue <br />Charges for services $ 315,724 $ 250,301 <br />Operating expenses <br />Personal services 14,990 <br />Supplies 620 1,258 <br />Service charges <br />Other 35,738 74,896 <br />Depreciation 30,567 12,990 <br />Total operating expenses 81,915 89,144 <br />Operating income 233,809 161,157 <br />Nonoperating expenses <br />Interest expense 12,909 7,320 <br />Income before operating transfers 220,900 153,837 <br />Operating transfers (out) (4,000) — <br />Net income 216,900 153,837 <br />Retained earnings <br />Beginning of year 153,837 <br />End of year $ 370,737 $ 153,837 <br />-76- <br />