June 15, 2009 - District of Mission

Municipal Forest — 50 th Year Anniversary
Consolidated Statement of Financial Activities
Financial Statements
120
for Vie year ended December 31
Budget
2008
(unaudited)
Actual
2008
Actual
2007
Revenues (Schedule 7 & 9)
Taxation, Grants in Lieu, Utility Taxes (Net) $ 24,262,109 $ 24,243,408 $ 22705,891
Sales of Services 5,365,194 5,358,083 5,163,794
User Rates, Rentals, and Other Fees 7,847,333 7,628,427 6,651 ,157
Permits and Licenses 858,935 896,189 990,062
Return on Investments 346,931 1,147,771 1,169,982
Contributions from Other Govls & Agencies 4,120,709 3,338,360 3,317,529
Municipal Forestry 3,442,000 1.979,156 5,248,089
Other Revenue 1591,784 6,890.296 3,231 705
47 ,834 ,995 51,481,690 48,478 209
Expenditures (Schedule 8 & 9)
General Government Services 6,042,837 6,017,858 3,420,753
Parks, Recreation and Cultural Services 5,527,667 5,886,656 6,835,676
Planning and Economic Development 1,203,902 1,218,657 1,048 ,143
Protective Services 11,538,277 11,529,628 10,497,896
Public Health and Welfare 230,383 186,176 160,021
Sanitation and Waste Removal 7,166,799 2,525,557 3,212,259
Transportation Services & Public Works 10,697,615 8.267,029 8,168,858
Municipal Forestry 3 ,345 ,325 2.265,567 4,667,158
Water and Sewer 13,079,999 6,579,451 4,939,700
Long Term Debt Interest 1 ,198 ,764 1,210,457 1,443 ,546
Development Corporation 30,191 30,191 27,758
60 ,061 ,759 45,717,227 43,321,768
Excess of Revenues Over
Expenditures (12,226,764) 5,764,463 6,156,441
Debt
Long-Term Debt Principal Repaid (1,261,040) (1,261,040) (3,380,814)
Long-Term Debt Actuarial (147,759) (147,759) (383,848)
Increase in Financial Equity (13,635,563) 4.355.664 1,391,779
Consolidated Financial Equity, Beginning of Year $ 22,304,785 22,304,785 $ 20,913,006
Consolidated Financial Equity, End of Year $ 8,669,222 26,660,449 $ 22,304,785
To be read in conjunction with the Notes to the Consolidated Financial Statements
2008 Annual Report - District of Mission
I 29 I