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<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, 2004 <br /> <br /> Equipment Self Internal Employee <br /> Services Insurance Services Benefits <br /> Fund Fund Fund Fund Total <br /> $ $ $ $ $ <br />OPERATING REVENUES <br />Charges for services 2,563,891 1,911,692 6,701,499 804,403 11,981,485 <br /> <br />OPERATING EXPENSES <br />Employee services <br />Maintenance <br /> <br />730,871 <br />697,985 <br />16,689 <br />14,765 <br />185,063 <br />703,777 <br /> <br />Utilities <br />Contractual services <br /> <br />Supplies and services <br />Depreciation <br />Insurance and claims <br /> <br />Total operating expenses <br /> <br />2,349,150 <br /> <br />Operating Income (Loss) <br /> <br />214,741 <br /> <br />NONOPERATING REVENUES (EXPENSES) <br />Gain (loss) on disposal of equipment <br />Contributions <br />Interest income <br /> <br />262,981 <br /> <br />1,859 <br />719,669 <br />155,412 <br /> <br />2,418,519 <br /> <br />3,558,440 <br /> <br />(1,646,748) <br /> <br />4,820,627 <br />833,335 <br />34,482 <br />34,574 <br />771,316 <br />33,446 <br /> <br />50,550 <br /> <br />5,814,479 <br />1,531,320 <br />53,030 <br />819,558 <br />1,111,791 <br />737,223 <br />3,212,486 <br /> <br />793,967 <br /> <br />6,527,780 <br /> <br />844,517 <br /> <br />13,279,887 <br /> <br />173,719 <br /> <br />(40,114) <br /> <br />(1,298,402) <br /> <br />34,790 (29,882) 4,908 <br /> 96,301 96,301 <br />176,952 176,223 58,228 16,445 427,848 <br />(159,636) (145,179) (38,731) (14,836) (358,382) <br />582 49,310 49,892 <br /> <br />Net increase (decrease) in fair value of investments <br />Insurance recovery <br /> <br />Net nonoperating revenues (expenses) <br /> <br />52,688 <br /> <br />Net Income (Loss) Before Operating Transfer <br /> <br />267,429 <br /> <br />Transfers in <br />Transfers (out) <br /> <br />Net Transfers in (out) <br /> <br />Change in net assets <br /> <br />267,429 <br /> <br />Net assets - beginning <br /> <br />10,638,506 <br /> <br />Net assets - ending <br /> <br />10,905,935 <br /> <br />87 <br /> <br />80,354 <br /> <br />(1,566,394) <br /> <br />1,450,000 <br /> <br />1,450,000 <br /> <br />(116,394) <br /> <br />298,805 <br /> <br />182,411 <br /> <br />85,916 <br /> <br />1,609 <br /> <br />220,567 <br /> <br />259,635 <br /> <br />(38,505) <br /> <br />(1,077,835) <br /> <br />(1,515,695) <br /> <br />1,450,000 <br />(1,515,695) <br /> <br />(1,515,695) <br /> <br />( 65,695) <br /> <br />(1,256,060) <br /> <br />(38,505) <br /> <br />(1,143,530) <br /> <br />2,017,923 <br /> <br />518,625 <br /> <br />13,473,859 <br /> <br />761,863 <br /> <br />480,120 <br /> <br />12,330,329 <br />