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Non -Fleet Replacement fund activity resulted in a $179,596 increase in net position compared to a planned decrease of
<br />$1,119,000. This increase is the result of the capital outlay not shown as an actual expense in the table.
<br />Non -Fleet Replacement Fund 2014 2015 Change from 2014
<br />Actual Budget Actual Variance Percent Dollars
<br />Operating revenues:
<br />Customer charges
<br />Operating expenses:
<br />$ 382,100 $ 395,300 $ 395,300 $ - 3.5% $ 13,200
<br />Materials and supplies
<br />19,309
<br />-
<br />4,739
<br />(4,739)
<br />-75.5%
<br />(14,570)
<br />Professional services
<br />-
<br />-
<br />70,274
<br />(70,274)
<br />0.0%
<br />70,274
<br />Depreciation
<br />136,215
<br />-
<br />173,361
<br />(173,361)
<br />27.3%
<br />37,146
<br />Total operating expenses
<br />155,524
<br />-
<br />248,374
<br />(248,374)
<br />59.7%
<br />92,850
<br />Operating income (loss)
<br />226,576
<br />395,300
<br />146,926
<br />(248,374)
<br />-35.2%
<br />(79,650)
<br />Nonoperating activity
<br />Interest on investments
<br />40,953
<br />38,000
<br />26,210
<br />(11,790)
<br />Change in fairvalue of investments
<br />168,925
<br />-
<br />(7,221)
<br />(7,221)
<br />Capital contribution
<br />13,534
<br />-
<br />5,238
<br />5,238
<br />Capital outlay
<br />-
<br />(1,562,900)
<br />-
<br />1,562,900
<br />Gain (loss) on disposal of assets
<br />(164)
<br />-
<br />(2,936)
<br />(2,936)
<br />Miscellaneous revenue
<br />-
<br />-
<br />800
<br />800
<br />Transer in
<br />356,979
<br />10,600
<br />10,579
<br />(21)
<br />Total nonoperating activity
<br />580,227
<br />(1,514,300)
<br />32,670
<br />1,546,970
<br />Change in net position
<br />806,803
<br />$ (1,119,000)
<br />179,596
<br />$ 1,298,596
<br />Beginning net position
<br />5,187,815
<br />5,994,618
<br />Ending net position
<br />$ 5,994,618
<br />$ 6,174,214
<br />Capital contribution of $5,238 was from the general fund for the NBCC exterior 5th Avenue and 101h Street sign.
<br />The transfer in was received from the general fund.
<br />Professional services are over budget due to a reclassification of expenses from capital outlay.
<br />Total capital costs (not shown in table) were $907,023. A few larger budgeted capital items not purchases in
<br />2015 are city hall carpet, election equipment, NBCC carpeting for leased areas, and golf course irrigation
<br />upgrade.
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