MUNICIPALITY OF MENNO
STATEMENT OF ACTIVITIES - MODIFIED CASH BASIS
For the Year Ended December 31, 2006
    Net (Expense) Revenue and
   Program Revenues[1]               Changes in Net Assets            
Operating Capital         Primary Government        
Charges for Grants and  Grants and  Governmental Business-Type Component
Functions/Programs Expenses Services Contributions Contributions Activities Activities Total Units
Primary Government:
   Governmental Activities:
      General Government 63,605.32 4,810.00     (58,795.32) (58,795.32)
      Public Safety 79,461.16   7,017.88   (72,443.28) (72,443.28)
      Public Works 95,757.90 1,500.00 16,689.44   (77,568.46) (77,568.46)
      Health and Welfare 11,363.45 25,365.13     14,001.68 14,001.68
      Culture and Recreation 47,922.79 5,554.66     (42,368.13) (42,368.13)
      Conservation and Development 9,990.38       (9,990.38) (9,990.38)
      Intergovernmental Expenditures         0.00 0.00
      Miscellaneous Expenditures         0.00 0.00
      **Capital Outlay - Unallocated[2]         0.00 0.00
      *Interest on Long-Term Debt[3] 45,601.62       (45,601.62) (45,601.62)
  Total Governmental Activities 353,702.62 37,229.79 23,707.32 0.00 (292,765.51) (292,765.51)
Business-type Activities:
      Water 108,208.32 89,755.31     (18,453.01) (18,453.01)
      Sewer 37,750.37 47,732.88     9,982.51 9,982.51
     Garbage 64,654.41 67,031.07     2,376.66 2,376.66
      _______________               0.00 0.00
Total Business-Type Activities 210,613.10 204,519.26 0.00 0.00 (6,093.84) (6,093.84)
Total Primary Government 564,315.72 241,749.05 23,707.32 0.00 (292,765.51) (6,093.84) (298,859.35)
Component Units:
      Housing and Redevelopment Commission         0.00
                                                               General Revenues:
Taxes:
* The Municipality does not have interest      Property Taxes 176,107.23   176,107.23  
expense related to the functions presented      Sales Taxes 144,784.11   144,784.11  
above.  This amount includes indirect interest State Shared Revenues 8,136.71   8,136.71  
expense on general long-term debt. Grants and Contributions not Restricted to Specific Programs     0.00  
  Unrestricted Investment Earnings 5,427.24 1,701.72 7,128.96  
  Debt Issued     0.00  
  Miscellaneous Revenue 7,618.14   7,618.14  
** This amount excludes the capital purchases Special Items     0.00  
that are included in the direct expenses of the  Extraordinary Items     0.00  
various functions.  See Note ____. Transfers 10,000.00 (10,000.00) 0.00  
Total General Revenues and Transfers 352,073.43 (8,298.28) 343,775.15 0.00
Change in Net Assets 59,307.92 (14,392.12) 44,915.80 0.00
Net Assets-Beginning 248,696.73 112,887.65 361,584.38  
Adjustments:
      0.00  
Adjusted Net Assets-Beginning 248,696.73 112,887.65 361,584.38  
NET ASSETS-ENDING 308,004.65 98,495.53 406,500.18 0.00
[1]
Derive directly from the program itself to reduce the net cost of the respective function to be financed from.
[2]
Only capital assets used for several functions are coded here.
[3]
Interest costs and the payments of the principal  portions of bond issues are recorded here.
[4]
All revenues are general unless they are required to be reported as program revenues.
[5]
This amount should equal the Total Fund Cash Balance on the  Gov Wide Statement of Net Assets - Cash Basis.