|
12/21/2011 10:57 7197425420 TOWN OF LA VETA PAGE 06/11
<br />TOWN OF LA VETA, COLORADO
<br />STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS
<br />PROPRIETARY FUNDS
<br />Year Ended December 31, 2008
<br />Business_ M Activities, Enterprise Funds
<br />Sewer Water
<br />Flu d Fund Totals
<br />0mratina Revenue
<br />Charges for Services
<br />98,301
<br />316,025
<br />414,326
<br />Connects
<br />6,620
<br />3,000
<br />9,620
<br />Miscellaneous
<br />_
<br />Total Qgeratine Revenues
<br />104,921
<br />319.025
<br />423,946
<br />O-Mrating Ex
<br />Water Sample and Testing
<br />-
<br />5,598
<br />5,598
<br />Administration
<br />1,907
<br />7,409
<br />9.316
<br />Water & Sewer - Salaries
<br />57,985
<br />69,843
<br />127,828
<br />Water and Sewer Repairs and Supplies
<br />11,719
<br />32,844
<br />44,563
<br />Payroll Taxes and Employee Benefits
<br />17,434
<br />19,517
<br />36,951
<br />Fuel
<br />540
<br />477
<br />1,017
<br />Miscellaneous
<br />148
<br />1,289
<br />1,437
<br />Utilities
<br />5,833
<br />8,254
<br />14,087
<br />Engineering
<br />-
<br />982
<br />982
<br />Legal and Audit Fees
<br />1,100
<br />11,622
<br />12,722
<br />Depreciation
<br />22,438
<br />40,519
<br />62,957
<br />Bad Debts
<br />Total Operating Expenses
<br />119,104
<br />198.354
<br />_
<br />317.458
<br />Operating Income
<br />1� 4,183)
<br />120,671
<br />106,488
<br />Non- Overating.Reyenues (ExnensesZ
<br />Interest Income
<br />4,548
<br />6,174
<br />10,722
<br />Taps
<br />12,000
<br />12,000
<br />24,000
<br />Contributions
<br />-
<br />400,704
<br />400,704
<br />Interest Expense
<br />(1,17
<br />(1,176)
<br />Total Nan- Overating_Revenues (Elcpetises)
<br />16.548
<br />417.702
<br />-434.25
<br />1N ME L S E ORE OPFRATTNr, TRANSFERS 2,365 538.373 540.738
<br />Opera_ tins Transfers .
<br />Operating Transfers In - _
<br />Operating Transfers (Out)
<br />Total Operati ng_Transfers
<br />Changtai�t A tae 2,365 538,373 540,738
<br />TOTAL NET ASSETS B
<br />Inning 796,790 1,614.196 2,410,986
<br />.
<br />T L NET ASUMEnding 729J..,5 - LUM
<br />The accompanying notes are an integral part of these financial statements.
<br />-10-
<br />
|