|
CITY OF ORONO, MINNESOTA
<br />Notes to Financial Statements (continued)
<br />December 31, 1997
<br />NOTE 11 - SEGMENT INFORMATION FOR ENTERPRISE FUNDS
<br />Gross profit and
<br />operating revenue
<br />Depreciation expense
<br />Property tax revenues
<br />Operating income (loss)
<br />Net income
<br />Property, plant, and
<br />equipment - additions
<br />Net working capital
<br />Bonds payable
<br />Total assets
<br />Total equity
<br />Water
<br />Operating
<br />Sewer
<br />Operating
<br />Golf
<br />Course
<br />Operating Total
<br />$220,622 $638,280 $206,464 $1,065,366
<br />$63,294 $182,434 $11,931 $257,659
<br />$105,631 $2,378 $-$108,009
<br />$(22,667)$(50,709)$54,028 $(19,348)
<br />$80,379 $59,527 $69,715 $209,621
<br />$36,294 $197,935 $104,680 $338,909
<br />$181,048 $1,771,525 $217,587 $2,170,160
<br />$660,200 $644,8C0 $—$1,305,000
<br />$2,441,630 $8,124,162 $545,262 $11,111,054
<br />$1,749,047 $7,270,737 $527,825 $9,547,609
<br />NOTE 12 - PROPRIETARY FUNDS ’ CONTRIBUTED CAPITAL
<br />This balance represents the cost of property contributed to the Enterprise Funds by the City, less depreciation
<br />thereon charged to operations. Changes occurring in this account during the year were as follows:
<br />Water
<br />Operating
<br />Sewer
<br />Operating
<br />Golf
<br />Course
<br />Operating Total
<br />Balance - beginning of year $ 1,332,030 $ 5,461,377 $ 131,457 $6,924,864
<br />Less depreciation on
<br />contributed assets (32.8861 (158.1651 (653)(191,704)
<br />Balance - end of year $ 1,299.144 $ 5.303.212 $ 130,804 J 6,733.160
<br />-47-
|