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NOTES TO FV,ANCIAL STATEMFNTS - Continued
<br />December 31, 1984
<br />Note 6: Proprietary Funds Contributed Capital
<br />This balance represents the cost of property contributed to the
<br />Enterprise Funds by the City, less depreciation thereon charged to
<br />operatiorv;. Changes occurring in this account during the year were as
<br />follows:
<br />Balance - beginning of
<br />year
<br />Add: Assets contributed
<br />during year
<br />Less: Depreciation on
<br />contributed assets
<br />Balance - End of Year
<br />Golf
<br />Water Sewer Course
<br />Operating Operating Operating Total
<br />$1,261,720 $4,361,579 $ 154,669 $5,777,96b
<br />115,298
<br />115,298
<br />(32,038) (113,433) (2,570) (148,041)
<br />$1,229,682 $4,363,444 S 152,099 $5,745,225
<br />Note 7: Segment Information for Enterprise Funds
<br />The City provides services which are accounted for in the Enterprise
<br />Funds. The segment information for these Enterprise Funds for the year
<br />ended December 31, 1984, is as follows:
<br />Municipal Golf
<br />Liquor water Sewer Course
<br />Operating Operating Operating Operating Total
<br />Operating Revenue or
<br />Gross Profit $ 120,252 $ 131,022 $ 313,808 S 70,528 S 635,610
<br />Depreciation Expense $ 1,730 $ 36,266 $ 114,161 $ 3,148 $ 155,305
<br />Income (Loss) before
<br />Operating Transfers $ 9,118 $ (17,972) $ (53,566) $ 4,049 $ (58,371)
<br />Operating Transfers In
<br />(Out) $ (15,000) $ (15,000)
<br />Net working Capital $ 124,147 $ 5,657 $ 252,153 $ 3U,041 $ 411,998
<br />Property, Plant, and
<br />Equipment - Additions $ 100 $ 9,808 $ 158,299 $ 400 $ 168,607
<br />Total Equity $ 129,412 $1,260,538 $4,951,150 $192,871 $6,533,971
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