Page 161 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Combining Statement of Revenues, Expenses, and Changes in Net Position
Nonmajor Enterprise Funds
For the Fiscal Year Ended June 30, 2018 Exhibit 37

Public Assembly
Stormwater Facilities
Parking Management Management Total
Operating Revenues
Charges for services $ 826,456 $ 10,697,508 $ 3,797,926 $ 15,321,890
Other 150 241,969 2,347,582 2,589,701
Total operating revenues 826,606 10,939,477 6,145,508 17,911,591
Operating Expenses
Personal services 481,046 2,645,250 1,000,416 4,126,712
Maintenance and operations 469,658 3,119,994 4,936,885 8,526,537
Total operating expenses before depreciation 950,704 5,765,244 5,937,301 12,653,249
Depreciation 448,711 907,022 1,915,489 3,271,222
Total operating expenses 1,399,415 6,672,266 7,852,790 15,924,471
Operating income (loss) (572,809) 4,267,211 (1,707,282) 1,987,120
Nonoperating Revenues (Expenses)
Intergovernmental revenue 430,413 71,447 - 501,860
Investment income 23,781 1,271,066 47,050 1,341,897
Gain (loss) on disposal of assets - - (341,008) (341,008)
Interest and fiscal expense (133,986) (478,408) (748,787) (1,361,181)
Amortization of financing costs (3,923) 38,136 2,903 37,116
Total nonoperating revenues (expenses), net 316,285 902,241 (1,039,842) 178,684
Income (loss) before capital contributions
and transfers (256,524) 5,169,452 (2,747,124) 2,165,804
Capital Contributions (38,620) 97,087 - 58,467
Transfers In 495,150 - 3,110,550 3,605,700
Transfers Out - (1,993,747) - (1,993,747)
Total transfers 495,150 (1,993,747) 3,110,550 1,611,953
Change in net position 200,006 3,272,792 363,426 3,836,224
Total net position - beginning, as previously stated 8,798,515 45,308,882 37,559,052 91,666,449
Cumulative effect adjustment (65,768) (353,974) (140,359) (560,101)
Total net position - beginning, as adjusted 8,732,747 44,954,908 37,418,693 91,106,348
Total net position - ending $ 8,932,753 $ 48,227,700 $ 37,782,119 $ 94,942,572

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