CITY OF NASHUA, NEW HAMPSHIRE
PROPRIETARY FUNDS
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION
FOR FISCAL YEAR ENDED JUNE 30, 2021
Business-Type Acttvities Governmental
Enterprise Funds Activities
Waste Solid Intemal
Water Waste Service
Fund Fund Total Fund
Operating Revenues
Charges for services 14,240,003 $ 4,140,134 18,380,137 $ 2
Employer contributions . . - 38,976,218
Employee and retiree contributions . - : 12,192,953
Other 18,624 284,061 302,685 2,803,423
Total Operating Revenues 14,258,627 4,424,195 18,682,822 $3,972,594
Operating Expenses
Salaries and benefits 3,685,376 2,927,257 6,612,633 941,87]
Other operating expenses 4,017,195 2,995,907 7,013,102 366,086
Depreciation 6,461,810 2,267,213 8,729,023 -
Claums and policy costs - - - 52,509,713
Total Operating Expenses 14,164,381 8,190,377 22,354,758 53,817,670
Operating Income (Loss } 94,246 (3,766, 182) (3,671,936) 154,924
Nonoperating Revenues (Expenses)
Intergovernmental 1,364,985 149.643 1,514,628 o
Investment income 13,649 23.098 36,747 17,057
Interest expense (1,424,399) (507,078) (1,931,477) =
Total Nonoperating Revenues (Expenses }, Net (45,765) (334,337) (380,102) 17,057
Gain (Loss) Before Contributions and Trans fers 48.481 (4.100.519) (4,052,038) 171.981
Capital contributions 888,291 - 888,291 -
Transfers in - 6,235,231 6,235,231 150,000
Transfers out (150,000) - (150,000) -
Change in Net Position 786,772 2,134,712 2,921,484 321.981
Net Position at Beginning of Year 103,486,240 § 474,322 108,960,562 10,443,272
Net Position at End of Year 104,273,012 $ 7,609,034 111,882,046 $10,765,253
The accompanying notes are an integral part of these financial statements
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