|
<br /> CITY OF REDWOOD CITY, CALIFORNIA
<br /> INTERNAL SERVICE FUNDS
<br /> COMBINING STATEMENT OF REVENUES,
<br />EXPENSES, AND CHANGES IN FUND NET ASSETS
<br /> FOR THE YEAR ENDED JUNE 30, 2005
<br /> Equipment Self Internal Employee
<br /> Services Insurance Services Benefits
<br /> Fund Fund Fund Fund Total
<br /> $ $ $ $ $
<br />OPERATING REVENUES
<br />Charges for services 2,543,827 3,511,856 6,600,262 805,008 13,460,953
<br />OPERATING EXPENSES
<br />Employee services 800,540 270,729 4,832,228 5,903,497
<br />Maintenance 772,563 1,002,975 1,775,538
<br />Utilities 17,477 1,772 36,806 56,055
<br />Contractual services 18,605 758,860 19,266 22,614 819,345
<br />Supplies and services 226,471 294,901 995,508 1,516,880
<br />Depreciation 766,290 47,478 813,768
<br />Insurance and c1aims 4,249,225 816,840 5,066,065
<br />Total operating expenses 2,601,946 5,575,487 6,934,261 839,454 15,951,148
<br />Operating Income (Loss) (58,119) (2,063,631) (333,999) (34,446) (2,490,195)
<br />NONOPERATING REVENUES (EXPENSES)
<br />Gain (loss) on disposal of equipment 60,846 60,846
<br />Contributions 96,228 96,228
<br />Capital contributions 49,590 42,287 91,877
<br />Interest income 171,205 186,261 24,809 14,690 396,965
<br />Net increase (decrease) in fair value of investments (6,355) (6,570) (578) (544) (14,047)
<br />Insurance recovery 170,171 170,171
<br />Net nonoperating revenues (expenses) 275,286 349,862 162,746 14,146 802,040
<br />Net Income (Loss) Before Operating Transfers 217,167 (1,713,769) (171,253) (20,300) (1,688,155)
<br />Transfers in 34,964 34,964
<br />Transfers (out) (24,809) (24,809)
<br />Net Transfers in (out) 34,964 (24,809) 10,155
<br />Change in net assets 252,131 (1,713,769) (196,062) (20,300) (1,678,000)
<br />Net assets - beginning 10,905,935 182,411 761,863 480,120 12,330,329
<br />Net assets - ending 11,158,066 (1,531,358) 565,801 459,820 10,652,329
<br />
<br />89
<br />
|