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Exhibit F-2 <br />CITY OF ORONO. MINNESOTA <br />Enterpnse Funds <br />Combining Statement of Revenue, Expenses, and Changes in Retained Earnings <br />Year Ended December 31,1995 <br />(with Comparative T( ‘als for Year Endr -cunber 31, 1994) <br />Golf <br />Water Sewer Course Totals <br />Operating Operating Operating 1995 1994 <br />Sales and cost of sales <br />Sales $$$ 17,728 $ 17,728 $16,158 <br />Cost of sales --10.467 10,467 7,809 <br />Gross profit ——7,261 7,261 8,349 <br />Operating revenue <br />Metered water sales 220,848 ——220,848 199.208 <br />User charges —578,149 —578,149 544.471 <br />Greens fees ——136,809 136,809 136,532 <br />Equipment rental -—29,084 29.084 31,594 <br />Other 2,790 1,241 780 4.811 12,538 <br />Total operating revenue 223.638 579.39U 166,673 969.701 924,343 <br />Total gross profit and <br />operating revenue 223,638 579,390 173.934 976,962 932,692 <br />Operating expenses <br />Personal serv ices <br />Salaries a-id wages 59,035 104,62,033 226,020 228.086 <br />Retirement contnbutions <br />HeaWi and life <br />6,759 12.*»4.843 24,045 24.805 <br />insurance contributions J!M1 4.823 3,621 11,291 11,040 <br />Purchased water 0,878 ——10,878 6,985 <br />Sewer disp'^sal cb^ges —329,536 —329,536 282,592 <br />Professional services 31.512 42.697 2,053 76,262 11,716 <br />Operating and maintenance supplies 11.709 5,804 8,267 25,780 20,363 <br />Heat, light, and power 21,454 21,112 2.930 45,496 45,812 <br />Depreciation 64.764 144,461 13,021 222,246 217,320 <br />Rem and equipment -—5.456 5.456 7,336 <br />Maintenance and repairs <br />Administrative and other expense <br />6.686 35,346 7,238 49.270 50,588 <br />Administrative charges <br />from General Fund 5,830 16,130 10,120 32,080 32,208 <br />Communications 2,612 1,634 1,590 5,836 8,379 <br />Office supplies <br />Priming, publishing. <br />—42 216 258 866 <br />and advertising 117 709 4,522 5,348 3.473 <br />Data processing 3,726 8,268 —11.9)4 9,869 <br />Insurance 9,154 13,906 14.717 37,777 36.725 <br />Other expep'*es 6.295 29.249 1.543 37.087 11.426 <br />Totw. operating expenses 243,378 771.112 142,170 1,156,660 1,009,589 <br />Operating income (loss)(19.740)(191.722)31,:’64 (179,698)(76,897) <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />(continued) <br />-80- <br />J