Page 170 - 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

Internal Service Funds
For the Fiscal Year Ended June 30, 2018

Central Fleet Information Workers'
Warehouse Services Services Compensation
Operating Revenues
Charges for services $ 434,195 $ 9,238,243 $ 9,921,785 $ 3,094,850
Other 120 6 - 606,138
Total operating revenues 434,315 9,238,249 9,921,785 3,700,988
Operating Expenses
Personal services 259,718 1,699,518 4,717,186 330,445
Maintenance and operations 81,443 6,890,526 4,275,341 1,959,080
Total operating expenses before depreciation 341,161 8,590,044 8,992,527 2,289,525
Depreciation 13,790 476,913 683,814 -
Total operating expenses 354,951 9,066,957 9,676,341 2,289,525
Operating income (loss) 79,364 171,292 245,444 1,411,463
Nonoperating Revenues (Expenses)
Investment income (loss) - - - 42,894
Gain (loss) on disposal of assets - 70,603 (13,849) -
Interest and fiscal expense - (77,770) (86,682) -
Total nonoperating revenues (expenses), net - (7,167) (100,531) 42,894
Income (loss) before transfers 79,364 164,125 144,913 1,454,357
Transfers Out - (30,720) - (98,950)
Total transfers - (30,720) - (98,950)
Change in net position 79,364 133,405 144,913 1,355,407

Total net position - beginning, as previously stated 1,865,815 1,703,935 2,034,361 372,436
Cumulative effect adjustment (34,925) (228,633) (632,692) (38,912)
Total net position - beginning, as adjusted 1,830,890 1,475,302 1,401,669 333,524
Total net position - ending $ 1,910,254 $ 1,608,707 $ 1,546,582 $ 1,688,931

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