Consolidated Statement of Members’ Equity for the year ended December 31, 2008
(in thousands of dollars)
| 2008 | 2007 | ||||||
|---|---|---|---|---|---|---|---|
| Internally restricted funds | |||||||
| Invested in property and equipment $ (note 5) |
Reserve for working capital $ |
Reserve for fee stabilization $ |
Reserve for stabilization of facility $ |
Unappropriated $ |
Total $ |
Total $ |
|
Balance – Beginning of year |
2,076 | 5,446 | 2,804 | 6,000 | 500 | 16,826 | 17,444 |
| Deficiency of revenue over expenses for the year | – | – | – | – | (1,320) | (1,320) | (618) |
| Investment in property and equipment – net of amortization | 244 | – | – | – | (244) | – | – |
| Interfund transfers | – | (2,258) | (2,804) | 3,498 | 1,564 | – | – |
Balance – End of year |
2,320 | 3,188 | – | 9,498 | 500 | 15,506 | 16,826 |