Comprehensive Annual Financial Report - Cobb County

Cobb County, Georgia
Nonmajor Business-Type Enterprise Funds
Combining Statement of Revenues, Expenses and Changes in Fund Net Assets
For the Fiscal Year Ended September 30, 2007
Mable House
Cobblestone Public
Barnes
Golf Course Transit System Amphitheatre
Fund Fund
Fund Totals
Operating revenues:
Charges for services $ 2,146,252 $ 3,704,693 $ - $ 5,850,945
Miscellaneous income 2,355 124,684 - 127,039
Total operating revenues $ 2,148,607 $ 3,829,377 $ - $ 5,977,984
Operating expenses:
Personnel services $ - $ 458,634 $ - $ 458,634
Other operating expenses 1,441,263 15,668,460 - 17,109,723
Total operating expenses $ 1,441,263 $ 16,127,094 $ - $ 17,568,357
Operating income (loss)
before depreciation $ 707,344 $ (12,297,717) $ - $ (11,590,373)
Less depreciation (79,539) (3,559,045) - (3,638,584)
Operating income (loss) $ 627,805 $ (15,856,762) $ - $ (15,228,957)
Nonoperating revenues (expenses):
Interest income $ 16,130 $ 44,412 $ - $ 60,542
Interest and fiscal charges (180,820) - - (180,820)
Contribution expense - - (6,624,775) (6,624,775)
Proceeds from sale of capital assets - 6,409 - 6,409
Amortization of bond costs (40,143) - - (40,143)
Total nonoperating revenues (expenses) $ (204,833) $ 50,821 $ (6,624,775) $ (6,778,787)
Net income (loss) before transfers
and capital contributions $ 422,972 $ (15,805,941) $ (6,624,775) $ (22,007,744)
Capital contributions $ - $ 13,467,517 $ $ 13,467,517
Transfers:
Transfers in $ - $ 5,470,549 $ 2,925,994 $ 8,396,543
Transfers out (2,816) (142,612) - (145,428)
Total transfers $ (2,816) $ 5,327,937 $ 2,925,994 $ 8,251,115
.
Net change in net assets $ 420,156 $ 2,989,513 $ (3,698,781) $ (289,112)
Total net assets - beginning $ 2,088,487 $ 39,562,672 $ 3,698,781 $ 45,349,940
Total net assets - ending $ 2,508,643 $ 42,552,185 $ - $ 45,060,828
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