Internal Service Funds .gov

INTERNAL SERVICE FUNDS

Internal Service Funds are established to account for the financing of goods or services rendered

by one department or agency to other departments or agencies or to other governmental units on a

cost-reimbursement basis.

Information Services Fund - To account for the cost of operating a central data processing facility

for the City of Lincoln and Lancaster County. User City and County departments are charged for

the resources used. Resources used are billed at cost plus an administrative overhead.

Engineering Revolving Fund - To account for the cost of operating a central engineering pool.

Revenues are derived from billings to various capital improvement projects.

Insurance Revolving Fund - To account for the cost of providing a self-insurance program for

workers' compensation, liability, property insurance, long-term disability and Blue Cross/Blue

Shield Health Insurance Plan. Revenues are derived from billings to operating departments.

Fleet Services Fund - To account for the operation of a centralized maintenance facility for

equipment used by other City departments, such as trucks, heavy equipment, and miscellaneous

other equipment. Revenues are derived from billings to user departments.

Police Garage Fund - To account for the operation of a maintenance facility for the Police fleet and

vehicles from various other City departments. Revenues are derived from billings to the Police

and other user departments.

Communication Services Fund - To account for the costs of providing graphic arts and

telecommunication services. Revenues are derived from billings to user departments.

Copy Services Fund - To account for the cost of providing copy services to the City of Lincoln and

Lancaster County. User City and County departments are charged on a per copy basis.

109

CITY OF LINCOLN, NE

COMBINING STATEMENT OF NET ASSETS

INTERNAL SERVICE FUNDS

AUGUST 31, 2002

Information

Services

ASSETS

Current Assets:

Cash and Cash Equivalents

Investments

Accounts Receivable

Accrued Interest Receivable

Due from Other Funds

Due from Other Governments

Inventories

Prepaid Expenses

Total Current Assets

Noncurrent Assets:

Capital Assets:

Land

Buildings

Improvements Other Than Buildings

Machinery and Equipment

Less Accumulated Depreciation

Total Capital Assets, Net

Total Assets

$

LIABILITIES

Current Liabilities:

Accounts Payable

Accrued Liabilities

Accrued Compensated Absences

Due to Other Funds

Due to Other Governments

Unearned Revenue

Claims

Total Current Liabilities

Noncurrent Liabilities:

Accrued Compensated Absences

Claims

Total Noncurrent Liabilities

Total Liabilities

NET ASSETS

Invested in Capital Assets

Unrestricted

Total Net Assets

$

See accompanying Independent Auditors' Report

110

Engineering

Revolving

Insurance

Revolving

Fleet

Services

1,987,779

44,579

6,920

162,395

192,628

231,160

2,625,461

659,619

325,454

2,694

34,170

75,761

1,097,698

1,960,234

9,331,396

3,997

93,774

11,389,401

12,335

1,950,827

(1,653,397)

309,765

2,935,226

693,733

509,258

(601,548)

601,443

1,699,141

38,400

(17,863)

20,537

11,409,938

103,676

116,168

143,866

136

2,770

366,616

27,131

172,900

243,773

13,321

419

652,296

1,109,840

127,022

13,585

14,273

1,346

135

2,692,407

2,848,768

173,411

45,824

52,710

4,664

161

276,770

5,761

5,761

372,377

64,632

64,632

1,174,472

2,814,937

2,814,937

5,663,705

46,031

46,031

322,801

20,537

5,725,696

5,746,233

5,198,203

408,731

5,606,934

309,765

2,253,084

2,562,849

601,443

(76,774)

524,669

369,227

4,798

2,083

15,975

9,133

330,316

731,532

420,192

12,969,197

(8,191,186)

5,198,203

5,929,735

Police

Garage

Communication

Services

Copy

Services

Total

983,814

500,000

20,703

5,037

222,340

1,235

80,359

1,813,488

121,799

245

409

9,810

1,596

133,859

378,929

1,010

1,394

15,332

19,346

416,011

6,461,401

9,831,396

400,786

112,311

460,022

299,699

410,675

231,160

18,207,450

48,250

338,746

49,234

4,254,211

(2,699,086)

1,991,355

3,804,843

78,802

(62,724)

16,078

149,937

416,011

48,250

351,081

1,163,159

19,800,695

(13,225,804)

8,137,381

26,344,831

37,782

25,642

29,445

13

92,882

7,058

5,984

4,989

18,031

25,833

735

1,017

27,585

501,913

380,838

490,073

19,480

3,485

652,296

2,692,407

4,740,492

19,673

19,673

112,555

5,761

5,761

23,792

27,585

141,858

2,814,937

2,956,795

7,697,287

1,991,355

1,700,933

3,692,288

16,078

110,067

126,145

388,426

388,426

8,137,381

10,510,163

18,647,544

111

CITY OF LINCOLN, NE

COMBINING STATEMENT OF REVENUES, EXPENSES,

AND CHANGES IN FUND NET ASSETS

INTERNAL SERVICE FUNDS

FOR THE YEAR ENDED AUGUST 31, 2002

Information

Services

Operating Revenues

Charges for Services

$

Operating Expenses

Personal Services

Materials and Supplies

Other Services and Charges

Depreciation

Total Operating Expenses

Operating Income (Loss)

Nonoperating Revenues (Expenses)

Investment Earnings

Gain (Loss) on Disposal of Assets

Interest Expense and Fiscal Charges

Total Nonoperating Revenues (Expenses)

Capital Contributions

Transfers In

Change in Net Assets

Total Net Assets Beginning of Year

Total Net Assets End of Year

$

See accompanying Independent Auditors' Report

112

Insurance

Revolving

Fleet

Services

5,749,233

6,204,017

3,555,294

4,188,983

3,029,234

193,823

2,035,844

255,725

5,514,626

4,382,014

56,136

1,287,570

189,675

5,915,395

335,926

11,085

4,339,128

5,619

4,691,758

1,185,830

1,123,337

985,122

964,604

4,258,893

234,607

288,622

35,154

(5,531)

(197)

29,426

Income (Loss) Before

Contributions and Transfers

Engineering

Revolving

7,234

1,119

8,353

(1,136,464)

(69,910)

353,905

353,905

2,965

57,995

60,960

(8,950)

264,033

296,975

(782,559)

12,324

276,357

9,660

306,635

2,939

(779,620)

2,286,492

218,034

6,525,853

5,344,054

2,562,849

524,669

5,746,233

5,606,934

271,830

262,880

Police

Garage

Communication

Services

Copy

Services

Totals

2,479,414

203,620

397,991

22,778,552

695,789

735,021

321,984

606,415

2,359,209

137,114

3,977

76,034

16,373

233,498

20,171

27,908

308,150

356,229

9,786,078

2,151,287

9,353,832

2,038,411

23,329,608

120,205

(29,878)

41,762

(551,056)

25,606

1,427

27,033

2,114

(1,013)

1,101

10,275

10,275

437,253

53,997

(197)

491,053

147,238

(28,777)

52,037

(60,003)

20,964

168,202

30,000

1,223

52,037

305,118

42,599

287,714

3,524,086

124,922

336,389

18,359,830

3,692,288

126,145

388,426

18,647,544

113

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