COG Comprehensive Annual Financial Report

-25- Exhibit A-10 Page 1 of 2

Statement of Revenues, Expenses, and Changes in Net Position Proprietary Funds For the Fiscal Year Ended June 30, 2018

Business-Type Activities - Enterprise Funds

Solid

Water

Stormwater Management

Waste

Resources

Coliseum

Management

Operating Revenues: Charges for Current Services Other Operating Revenues

114,964,118 $

$

10,011,215

$

23,938,373

$

10,669,680

2,682,126

14,762

295,709

294,835

Total Operating Revenues

117,646,244

10,025,977

24,234,082

10,964,515

Operating Expenses: Personal Services

16,011,387 8,023,447 42,172,977

3,148,326 1,793,311 2,888,915

5,924,803 2,047,181 20,621,990

1,684,385

Fringe Benefits

860,681

Maintenance and Operations

9,501,619

Claims and Expenses

39,491 434,773

Depreciation/Amortization

26,383,815 92,591,626

1,909,326 9,739,878

3,232,486 31,826,460

Total Operating Expenses

12,520,949

Operating Income (Loss)

25,054,618

286,099

(7,592,378)

(1,556,434)

Nonoperating Revenues (Expenses): Investment Income

2,171,235

225,212

200,105

161,049

Net Increase (Decrease) in the Fair Value of Investments

(744,041) 1,427,194

(98,173) 127,039

39,381 239,486

(71,531)

Total Investment Income

89,518

Miscellaneous Nonoperating Revenue

18,746

988,182

Interest Expense

(7,333,983)

(158,130)

(109,521)

Refunds and Recoveries Inventory Gain (Loss)

265,092

(176,612) (536,807) (847,563)

(539)

278

Gain (Loss) on Disposal of Capital Assets Amortization of Underwriters' Expense

(5,680)

Cost Sharing Reimbursements

150,000

Miscellaneous Nonoperating Expense

(1,317,361) (8,351,294)

(474,529)

(2,291) (22,016)

Total Nonoperating Revenues (Expenses)

127,039

588,790

Income (Loss) Before Contributions and Transfers

16,703,324

413,138

(7,003,588)

(1,578,450)

Capital Contributions

3,068,630

30,000

Transfers In Transfers Out

5,341,472

1,830,537

(7,500)

Change in Net Position

19,771,954

405,638

(1,632,116)

252,087

Net Position - July 1

562,378,021

73,474,255

73,712,162

(2,662,944)

Prior Period Adjustment

(12,146,240)

(2,900,495)

(3,122,932)

(1,243,149)

Net Position - July 1, restated

550,231,781

70,573,760

70,589,230

(3,906,093)

Net Position - June 30

570,003,735 $

$

70,979,398

$

68,957,114

$

(3,654,006)

The notes to the financial statements are an integral part of this statement.