COG Comprehensive Annual Financial Report
-25- Exhibit A-10 Page 1 of 2
Statement of Revenues, Expenses, and Changes in Net Position Proprietary Funds For the Fiscal Year Ended June 30, 2018
Business-Type Activities - Enterprise Funds
Solid
Water
Stormwater Management
Waste
Resources
Coliseum
Management
Operating Revenues: Charges for Current Services Other Operating Revenues
114,964,118 $
$
10,011,215
$
23,938,373
$
10,669,680
2,682,126
14,762
295,709
294,835
Total Operating Revenues
117,646,244
10,025,977
24,234,082
10,964,515
Operating Expenses: Personal Services
16,011,387 8,023,447 42,172,977
3,148,326 1,793,311 2,888,915
5,924,803 2,047,181 20,621,990
1,684,385
Fringe Benefits
860,681
Maintenance and Operations
9,501,619
Claims and Expenses
39,491 434,773
Depreciation/Amortization
26,383,815 92,591,626
1,909,326 9,739,878
3,232,486 31,826,460
Total Operating Expenses
12,520,949
Operating Income (Loss)
25,054,618
286,099
(7,592,378)
(1,556,434)
Nonoperating Revenues (Expenses): Investment Income
2,171,235
225,212
200,105
161,049
Net Increase (Decrease) in the Fair Value of Investments
(744,041) 1,427,194
(98,173) 127,039
39,381 239,486
(71,531)
Total Investment Income
89,518
Miscellaneous Nonoperating Revenue
18,746
988,182
Interest Expense
(7,333,983)
(158,130)
(109,521)
Refunds and Recoveries Inventory Gain (Loss)
265,092
(176,612) (536,807) (847,563)
(539)
278
Gain (Loss) on Disposal of Capital Assets Amortization of Underwriters' Expense
(5,680)
Cost Sharing Reimbursements
150,000
Miscellaneous Nonoperating Expense
(1,317,361) (8,351,294)
(474,529)
(2,291) (22,016)
Total Nonoperating Revenues (Expenses)
127,039
588,790
Income (Loss) Before Contributions and Transfers
16,703,324
413,138
(7,003,588)
(1,578,450)
Capital Contributions
3,068,630
30,000
Transfers In Transfers Out
5,341,472
1,830,537
(7,500)
Change in Net Position
19,771,954
405,638
(1,632,116)
252,087
Net Position - July 1
562,378,021
73,474,255
73,712,162
(2,662,944)
Prior Period Adjustment
(12,146,240)
(2,900,495)
(3,122,932)
(1,243,149)
Net Position - July 1, restated
550,231,781
70,573,760
70,589,230
(3,906,093)
Net Position - June 30
570,003,735 $
$
70,979,398
$
68,957,114
$
(3,654,006)
The notes to the financial statements are an integral part of this statement.
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