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CITY OF REDWOOD CITY, CALIFORNIA 7.1. G. - Page 58 <br /> PROPRIETARY FUNDS <br /> STATEMENT OF REVENUES, EXPENSES <br /> AND CHANGES IN FUND NET POSITION <br /> FOR THE YEAR ENDED JUNE 30, 2013 <br /> Business -Type Activities - Enterprise Funds Governmental <br /> Water Sewer Activities - <br /> Utility Utility Parking Port of Docktown Internal Service <br /> Fund Fund Fund Redwood City Marina Totals Funds <br /> $ $ $ $ $ $ $ <br /> Operating Revenues: <br /> Charges for services 33,167,498 27,627,000 1,366,984 6,262,660 251,324 68,675,466 22,693,315 <br /> Total Operating Revenues 33,167,498 27,627,000 1,366,984 6,262,660 251,324 68,675,466 22,693,315 <br /> Operating Expenses: <br /> Employee services 4,544,442 1,842,348 966,667 1,190,000 18,762 8,562,219 8,095,378 <br /> Maintenance 986,847 1,068,277 113,338 134,034 22,730 2,325,226 2,050,684 <br /> Water purchases 13,644,472 13,644,472 <br /> Utilities 315,145 153,886 103,053 208,856 43,548 824,488 61,776 <br /> Contractual services 197,449 12,254,447 606,448 630,336 77,701 13,766,381 591,616 <br /> Supplies and services 3,633,518 3,245,870 56,516 916,098 48,336 7,900,338 1,567,110 <br /> Noncapitalized projects 2,670,152 196,884 2,867,036 <br /> Depreciation and amortization 2,904,503 525,718 579,575 1,263,560 32,258 5,305,614 1,176,190 <br /> Insurance and claims 11,384,566 <br /> Total Operating Expenses 28,896,528 19,287,430 2,425,597 4,342,884 243,335 55,195,774 24,927,320 <br /> Operating Income (Loss) 4,270,970 8,339,570 (1,058,613) 1,919,776 7,989 13,479,692 (2,234,005) <br /> Nonoperating Revenues (Expenses): <br /> Gain (loss) on disposal of equipment (574,641) (574,641) (32,450) <br /> Property taxes 104,081 104,081 <br /> Grant revenue 34,696 34,696 <br /> Investment earnings 100,513 14,735 35,780 13 151,041 49,664 <br /> Interest expense (2,227,331) (4,762) (684,334) (2,916,427) <br /> Increase (decrease) in investment in sewer authority (949,077) (949,077) <br /> Insurance recovery 4,689 103 4,792 2,225 <br /> Contributions 1,256,097 <br /> Other (26,544) (26,544) <br /> Net Nonoperating Revenues (Expenses) (2,087,433) (934,342) 99,422 (1,249,739) 13 (4,172,079) 1,275,536 <br /> Net Income (Loss) Before Capital Contributions <br /> and Transfers 2,183,537 7,405,228 (959,191) 670,037 8,002 9,307,613 (958,469) <br /> Capital contributions 1,422,418 241,938 1,664,356 268,380 <br /> Transfers in 31,323 441,572 472,895 1,565,345 <br /> Transfers (out) (1,479,461) <br /> Total Capital Contributions and Transfers 1,453,741 441,572 241,938 2,137,251 354,264 <br /> Change in net position 2,183,537 8,858,969 (517,619) 670,037 249,940 11,444,864 (604,205) <br /> Total net position- beginning 64,053,107 63,106,117 24,101,238 31,340,169 182,600,631 18,744,499 <br /> Total net position- ending 66,236,644 71,965,086 23,583,619 32,010,206 249,940 194,045,495 18,140,294 <br /> See accompanying notes to financial statements <br /> 30 <br />