CITY OF BOISE Airport Fund Preliminary Statement of Net Assets as of Dec. 31, 2010

CITY OF BOISE Airport Fund Preliminary Statement of Net Assets as of Dec. 31, 2010 ASSETS 12/31//10 12/31/09 Current assets: Cash $ 3,306 $ (401,066) Investments 18,186,910 16,507,335 Invest-Pfc 15,796,970 12,695,168 Invest-Car Rental Facility 4,314,508 3,929,086 Invest-Parking Garage 4,473,585 3,097,995 Invest-Airport Land Sale 0 0 Accounts Receivable 1,567,677 Less Reserve Bad Debt -28,383 1,539,294 1,142,255 Interest Receivable 213,546 195,443 Grants Receivable 601,733 69,128 Advances-Other Funds 76,268 83,142 Due from Other Funds 11,934 11,461 Inventory-Supplies 809,843 739,015 Prepaid Commerce Street 0 0 Prepaid Rent 0 0 Prepaid Other 229,599 195,810 Total Current Assets 46,257,496 38,264,772 Noncurrent assets: Deferred Bond Financing Costs 554,689 605,648 Discount of Bonds Payable 492,420 517,458 Employee Advances Receivable 7,142 8,079 Total Noncurrent Assets 1,054,251 1,131,185 Restricted Assets: Restricted Investment-PTT 472,549 472,549 Terminal Expansion Payment Fund 0 2 Total Restricted Assets 472,549 472,551 Capital Assets: Land 18,371,941 18,510,822 Buildings 125,852,203 122,594,419 Runways & Taxiways, Other Improvements 89,645,994 87,220,161 Machinery & Equipment 30,509,770 31,730,430 Software 217,974 199,977 Other Capital Assets 559,401 513,004 Constr. in Progress-booked 4,409,483 4,832,791 Constr. in Progress-Current Year 1,513,847 1,463,599 Less Accum. Depreciation -105,513,446 141,271,896-96,657,553 Total Capital Assets (Net of Accum. Depreciation) 165,567,167 170,407,650 Total assets $ 213,351,463 $ 210,276,158 1

Airport Fund Statement of Net Assets Page 2 12/31//10 12/31/09 LIABILITIES Current Liabilities: Accounts Payable $590,786 $272,110 Bonds Payable-Prkg Garage, Current 1,360,000 1,305,000 Bonds Payable-Terminal Expansion, Current 1,200,000 1,140,000 Contracts Payable 0 0 Accrued Payroll & Taxes Liability 260,880 266,524 Other Payables 1,573,220 443,389 Due to Other Funds 557,523 663,748 Total Current Liabilities 5,542,409 4,090,771 Noncurrent Liabilities: Compensated absences 345,482 361,640 Premium/Deferred Refunding-Parking Garage** -2,547-10,861 LOC-Terminal Construction 293 293 Bonds Payable-Parking Garage** 0 1,360,000 Bonds Payable-Terminal Expansion 41,525,000 42,725,000 Total noncurrent liabilities 41,868,228 44,436,072 * Total Liabilities 47,410,637 48,526,843 NET ASSETS Investment in capital assets, net of related debt 123,698,939 125,971,578 Unreserved (deficit) 42,241,887 35,777,737 Total Net Assets $ 165,940,826 $ 161,749,315 * Does not include $4,052,978 in outstanding PO encumbrances. ** Parking Garage (refunding 2004) This financial statement is an interim statement and is unaudited. 2

CITY OF BOISE Airport Fund Preliminary Statement of Revenues and Expenditures 12/31/2010 Annual YTD Budget YTD Actual Current Month Percent Operating Revenues: Airline Landing Fees $ 4,473,535 $ 867,509 $ 287,856 19% Airline Rent 4,325,719 967,377 317,867 22% Parking Fees 7,902,773 1,874,818 603,285 24% Car Rental 3,709,540 904,875 248,812 24% Concessions 1,597,224 348,863 123,100 22% Rental Income 2,437,626 586,848 186,723 24% Corporate Sponsorship/Donations 24,000 - - 0% Inflight Food Sales 300,000 79,502 28,241 27% Other 707,710 139,416 58,142 20% Total Operating Revenues 25,478,127 5,769,208 1,854,026 23% Operating Expense: Personnel Services 6,158,522 1,409,954 467,216 23% Administration Expenses 4,158,705 340,842 131,869 8% Materials & Supplies 3,598,609 442,724 183,887 12% Professional Services 6,697,555 1,345,465 507,521 20% Purchased Services 46,061 14,102 1,330 31% Utilities & Communications 1,195,833 266,694 110,711 22% Total Operating Expenses 21,855,285 3,819,781 1,402,534 17% Operating Income 3,622,842 1,949,427 451,492 54% Non-Operating Revenues(Expenses): Passenger Facility Charges 6,279,019 1,444,963 217,219 23% Customer Facility Charge (Car Rentals 765,582 195,381 52,592 26% Operating Grants 500,500 44,533 15,653 9% Operating transfers in 20,422 - - 0% Operating Transfers (out) - - - Interest Revenue 610,000 168,907 53,368 28% Interest Expense (2,504,633) (12,491) (4,164) 0% Asset Sales - (12,188) (12,188) Property Sales - - - Total Non-Operating Revenue 5,670,890 1,829,105 322,480 32% Net Income(Loss) before Depreciation and Capital Contributions 9,293,732 3,778,532 773,972 41% (Less): Depreciation (12,951,276) (2,929,917) (976,639) 23% : Contrib. Depreciation - - - Capital Contributions, Grants 24,125,364 (100) - 0% Capital Contributions, Donations - - - Net Income after Depreciation and capital grants $ 20,467,820 $ 848,515 $ (202,667) 4% Capital Expenses 18,556,441 1,513,847 434,961 8% This financial statement is an interim statement and is unaudited. 3

Statement of Changes in Financial Position Airport Fund Dec. 31, 2010 YTD Month Ending 12-31-10 12-31-10 Sources of funds: Operations: Net income, before depreciation $ 3,778,532 $ 773,972 (which does not require current outlay of cash) Plus Excess of Proceeds from Land Sale/Gain Total funds from operations 3,778,532 773,972 Contributions and capital revenues (100) - Increase in: Accounts payable Contracts Payable Other payables Due to Other Funds Bond Premium/Deferred Refunding Payable 83 28 LOC-Terminal Construction Bonds payable Decrease in: Accounts receivable 1,749,698 Employee Advances - - Grants receivable 1,730,185 Inventory-supplies Accrued interest receivable 9,837 Prepaid expenses 42,914 Due from other funds 874,553 516,805 Bond Discounts/Financing Costs 19,000 6,332 Cash and investments with fiscal agent/restricted assets - - Total sources of funds 8,151,951 1,349,888 Uses of funds: Additions to Capital Assets 1,513,847 434,961 Increase in: Accounts receivable 99,021 Employee Advances Grants receivable 1,503 Inventory-supplies - - Additions to Capital Assets Increase in: Accrued interest receivable 32,122 Prepaid Expenses 152,945 Due from other funds Retained Earnings-FY'06 AJE Bond Discounts/Financing Costs Cash and investments with fiscal agent/restricted assets 4

Page 2 Decrease in: Accounts payable 2,408,140 577,248 Contracts payable 241,358 - Other payables 50,935 30,735 Compensated absences 1,131 377 Due to other funds 836,471 627,226 Bond Premium/Deferred Refunding Payable LOC-Terminal Construction Bonds payable - - Total uses of funds 5,236,949 1,771,071 Increase (decrease) in cash and short-term investments 2,915,002 (421,183) Cash and short-term investments at beginning of period 39,860,277 43,196,462 Cash and Short-Term Investments at End of Period $ 42,775,279 $ 42,775,279 This financial statement is an interim statement and is unaudited. 5

Fleet Services Fund Statement of Net Assets Dec. 31, 2010 Assets Dec. 31, 2010 Dec. 31, 2009 Current Assets: Cash $ (23,356) $ (25,779) Investments 321,402 386,602 Accounts Receivable - Accrued Interest Receivable 18 19 Due from Other Funds 228,241 263,402 Due from Govt. - Inventories: Supplies 12,606 (28,347) Diesel - Licenses - Prepaid expenses 25,314 22,759 Total Current Assets 564,225 618,656 Noncurrent Assets: Employee Advances Receivable 3,184 3,254 Total Noncurrent Assets 3,184 3,254 Capital Assets: Land - Buildings and Improvements 1,298,690 Automotive Equipment 214,115 Machinery and Equipment 168,785 Other Assets 73,940 Less Accum. Depr. (968,096) 787,434 865,006 Construction in Progress - Construction in progress-current year - Total Capital Asets (Net of Accum. Depr.) 787,434 865,006 Total Assets $ 1,354,843 $ 1,486,916 Liabilities Current Liabilities: Accounts Payable $ 42,477 $ 75,100 Contracts Payable - Accrued Payroll & Taxes Payable 44,680 57,431 Due to Other Funds 40,969 45,515 Advance from Airport Fund 76,268 83,142 Other Payables 454 454 Total Current Liabilities 204,848 261,642 Noncurrent Liabilities: Compensated Absences 98,365 82,686 Unearned Revenue-Rent - Advance from Solid Waste Fund-New Facility 654,470 705,272 Total Noncurrent Liabilites 752,835 787,958 Total Liabilities * 957,683 1,049,600 Net Assets Investment in Capital Assets, net of related debt 132,964 159,734 Unreserved (deficit) 264,196 277,582 Total Net Assets $ 397,160 $ 437,316 * Does not include $140,044 in outstanding PO encumbrances. This financial statement is an interim statement and is unaudited. 6

Fleet Services Fund Statement of Revenues and Expenditures For the 3 Month Period Ending December 31, 2010 Annual YTD Budget YTD Actual Current Month Percent Operating Revenues: Charges for Services $ 2,740,351 $536,852 $ 161,189 20% Rental Income - - Miscellaneous 9,582 2,840 Total Operating Revenues 2,740,351 546,434 164,029 20% Operating Expenses: Personnel Costs 1,131,200 245,939 80,788 22% Maint & Operations 1,429,493 246,727 46,819 17% Total Operating Expenses 2,560,693 492,666 127,607 19% Operating Income 179,658 53,768 36,422 30% Non-Operating Revenues (Expenses): Interest Revenue 1,975 53 18 3% (Interest Expense)-Shop Advance (40,000) (1,701) 4% Asset Sales 2,070 2,538 123% Transfer-in (General Fund) - - Rebate (Risk Fund) - - Transfer-out (General Fund) - - Total Non-Operating Revenues (35,955) 889 18-2% Net Income before Depreciation 143,703 54,658 36,440 38% Less: Depreciation (80,300) (20,075) (6,692) 25% Net Income $ 63,403 $ 34,583 $ 29,749 55% Capital Expenses 74,600-0% This financial statement is an interim statement and is unaudited. 7

Sewer Fund Statement of Net Assets Dec. 31, 2010 Dec. 31, 2010 Dec. 31, 2009 ASSETS Current Assets: Cash $ (280,017) Investments 34,294,598 Investments-Reserved 3,851 Investments-Loan Reserves 672,920 Accounts Receivable 1,891,826 less Reserve Bad Debt (165,293) 1,726,533 Sewer Dist. Receivable 2,563,146 less Reserve - 2,563,146 Accrued Interest Receivable 172,528 Grants Receivable - Assessments Receivable 2,355,841 Due From Other Funds 239,214 Advances to Other Funds-Geothermal 112,396 Inventory-Supplies 1,327,603 Inventory-Crop - Other Assets - Prepaid Expenses 444,029 Total Current Assets 43,632,642 42,716,884 Noncurrent Assets: Discount on WW Facility Note 153,113 Deferred Bond Costs for WW Fac Bond 49,756 Employee Advances 21,384 Total Noncurrent Assets 224,253 253,502 Restricted Assets: Wastewater Facility Bond Fund - Total Restricted Assets: - - Capital Assets: Land 13,946,589 13,496,309 Intangible Assets, non depreciating 452,638 362,129 Buildings & Improvements 130,970,369 Sewer Lines 183,441,552 Automobiles & Trucks 7,873,894 Machinery & Equipment 39,604,518 Other Assets 964,779 Construction in Progress-Booked 7,208,923 8,721,988 Construction in Progress-Current Year 1,281,993 1,446,863 less: Accum. Depreciation (124,412,862) 238,442,250 235,001,598 Total Capital Assets (Net of Accum. Depreciation) 261,332,393 259,028,887 Total Assets $ 305,189,288 $ 301,999,273 8

Sewer Fund Statement of Net Assets pg.2 Dec. 31, 2010 Dec. 31, 2009 LIABILITIES Current Liabilities Accounts Payable $ 170,796 $ 101,930 Contracts Payable - - WW Facility Bonds, Current Portion 1,135,000 1,090,000 Capital Lease Payable, Current - - Loans Payable, Current Portion 456,863 439,912 Developer Trunk Trust 98,010 97,953 Accrued Payroll & Taxes Payable 540,614 566,803 Other Payables 763,458 743,466 Due to Other Funds 594,663 1,085,027 Lift Station Trust 121,048 119,878 3,880,452 4,244,969 Noncurrent Liabilities: Compensated Absences 795,140 783,527 Wastewater Facility Bonds Payable 11,125,000 12,260,000 Amort. Gain Of WWFRB 42,352 67,210 L.T. Loan Payable-RSP 014 24,079 70,831 L.T. Loan Payable-RSP 053 1,005,181 1,080,874 L.T. Loan Payable-WBP 001 6,545,158 6,879,576 Barber Sewer Trust 211,559 188,643 Capital Lease Payable - - - Total noncurrent liabilities: 19,748,469 21,330,661 *Total Liabilities 23,628,921 25,575,630 NET ASSETS Investment in capital assets, net of related debt 241,041,112 237,207,694 Reserved for Replacements: West Boise Sewer District 2,213,037 2,213,037 Garden City Sewer District 2,258,236 2,258,236 Unreserved (deficit) 36,047,982 281,560,367 34,744,676 Total Net Assets $ 281,560,367 $ 276,423,643 This financial statement is an interim statement and is unaudited. * Does not include $ 7,287,078 in outstanding PO encumbrances. 9

Sewer Fund Statement of Revenues and Expenditures Pg 1 For the 3 Month Period Ending December 31, 2010 Annual YTD Budget YTD Actual Current Month Percent Operating Revenues: Service Billing $ 21,429,520 $ 5,199,360 $ 1,897,185 24% Salary Reimbursement 882,631 25,418 25,418 3% Service-Garden City 1,348,900 217,354 217,354 16% Bench 1,907,900 324,973 324,973 17% NW Boise 624,073 112,380 112,380 18% West Boise 1,415,900 260,296 260,296 18% Owyhee Sewer District - - - Eagle Sewer District 569,669 93,203 93,203 16% Geothermal 730 183 61 25% Septage Haulers Fees 118,860 26,440 26,440 22% WB Congeneration - - - Recycling - - - Farm Lease 15,000 - - 0% Crop Revenue 1,902,500 4,733 4,733 0% Capacity Rental Fees - - - Donations - - - Other 787,105 157,153 60,425 20% Total Operating Revenues 31,002,788 6,421,493 3,022,468 21% Operating Expenses: Salaries-Engineering 1,992,781 524,885 172,114 26% Administration 1,386,758 251,812 84,125 18% Utility Billing 356,382 104,093 35,535 29% IT 3,337 20-1% Boise WaterShed 98,194 24,600 8,522 25% Operations 357,298 98,050 32,685 27% Environmental 1,015,350 258,710 87,878 25% Line Maint. 1,475,482 359,450 117,194 24% Central Lab 1,169,814 321,883 106,697 28% Lander 1,017,966 274,327 90,141 27% Gowen Field - 2,065 - West Boise 1,124,008 283,168 106,378 25% Bio-Solids 199,961 32,528 14,336 16% Lander Maintenance 520,150 142,145 46,930 27% West Boise Maintenance 748,685 184,201 59,621 25% Bio-Solids Application Site 654,866 142,577 37,515 22% Total Salaries 12121032 3,004,514 999,671 25% 10

Sewer Fund Preliminary Statement of Revenues and Expenditures Pg 2 For the 3 Month Period Ending December 31, 2010 Annual YTD Actual Current Mo. YTD Budget Exp. or Rev. Exp. or Rev. Percent M&O- Bad Debt $ 300,000 $ 43,243 $ 8,684 14% Indirect Cost Reimb. - - - Indirect Cost Reimb-Capital Portion - 84,249 28,083 Personal Services-Capital - - - Misc. Costs-Capital 6,032 1,606 503 27% Developer Payback 1,000,000 19,574 1,400 2% Garden City Trunk Exp - - - Engineering 235,176 32,438 12,668 14% Administration 2,991,824 361,180 100,756 12% Utility Billing 702,250 191,391 34,751 27% IT - - - Boise Watershed 26,288 5,036 2,204 19% Operations 126,109 7,239 6,509 6% Environmental 598,497 42,833 4,960 7% Line Maint. 510,516 100,597 52,839 20% Central Lab 282,047 51,310 18,234 18% Lander 1,082,276 163,723 69,841 15% West Boise 1,924,468 279,421 133,719 15% Bio-Solids 159,839 22,852 14,654 14% Lander Maintenance 35,206 7,226 5,890 21% West Boise Maintenance 49,765 6,835 6,140 14% Bio-Solids Application Site 1,534,226 202,201 29,971 13% Total M&O Expense 11,564,519 1,622,954 531,806 14% Total Operating Expense 23,685,551 4,627,468 1,531,477 20% Operating Income 7,317,237 1,794,025 1,490,991 25% Non-Operating Revenue (Expenses): Art Commission Reimb. (43,290) (349) - 1% Operating Grants - 0 0 Interest Revenue 1,144,400 260,545 112,252 23% Gain on Refinancing 40,000 - - 0% Property Sales - - - Transfers in (General Fund) 489,750 - - 0% Interest on Advance - - - Bond Interest Expense (542,305) (4,640) (1,547) 1% Loan Interest Expense (298,220) - - 0% Prepaid Bond Amortization (2,100) - - 0% Total Non-operating revenues(expenses) 788,235 255,556 110,705 32% Net income (loss) before (Depreciation) and Capital Contributions 8,105,472 2,049,581 1,601,696 25% Depreciation: Boise City Customers(80%) (6,871,143) (1,752,420) (584,140) 26% Contract Agencies(20%) (1,717,786) (438,105) (146,035) 26% Total Depreciation (8,588,929) (2,190,525) (730,175) 26% Capital Contributions: Capital Contributions, Grants - 0.00 0.00 Connection Fees 1,735,535 376,977 153,976 22% Equivalent Assessments 461,840 92,879 33,531 20% Other (including developer) 7,917 - - 0% Total Contributions 2,205,292 469,856 187,507 21% Net Income after depreciation and capital contributions $ 1,721,835 $ 328,912 $ 1,059,028 19% Capital Assets 28,273,170 $ 1,281,993 $ 627,729 $ 5% This financial statement is an interim statement and is unaudited. 11

Sewer Enterprise Fund Statement of Changes in Financial Position Dec. 31, 2010 YTD Month Ending Sources of funds: 12-31-10 12-31-10 Operations: Net income, before depreciation $ 2,049,581 $ 1,601,696 (which does not require current outlay of cash) Total funds from operations 2,049,581 1,601,696 Contributions and capital revenues 469,856 187,507 Increase in: Accounts payable Other payables 25,633 Due to other funds Bonds Payable-WW Facility Bonds Payable-Amort. Gain Loans/Capital Lease Payable Lift Station/ Developer Trust 1,100 - Decrease in: Accounts receivable 1,271,000 218,631 Sewer district receivables 587,632 Grants receivable Accrued interest receivable 129 Inventories-Crop & Supplies - - Due from other funds 2,118,137 1,510,116 Advances to Other Funds-Geothermal Prepaid Expenses 68,163 Other Assets - - Discount on WW Facility Bonds 4,641 1,547 Deferred Bonds Costs for WW Facility 1,508 503 Employee Advances 18 6 WW Facility Bond Fund Total sources of funds 6,529,106 3,588,298 Uses of funds: Additions to Capital Assets $ 1,281,993 $ 627,729 Increase in: Accounts receivable Sewer district receivables 555,783 Grants receivable Accrued interest receivable 282 Inventories-Crop & Supplies Due from other funds Advances to Other Funds-Geothermal 17 6 Prepaid Expenses 443,575 Deferred Bonds Costs for WW Facility Employee Advances WW Facility Bond Fund 12

Page 2 Decrease in: Accounts payable 1,286,211 313,097 Contracts payable 109,472 - Other payables 11,295 Due to other funds 2,026,654 1,668,668 Compensated absences 2,672 891 Bonds payable-ww Facility - - Bonds Payable-Amort. Gain - - Lift Station/Developer Trust Loans/Capital Lease Payable - Total uses of funds 5,150,876 3,177,469 Increase (decrease) in cash and short-term investments 1,378,230 410,829 Cash and short-term investments at beginning of period 33,313,122 34,280,523 Cash and Short-Term Investments at End of Period $ 34,691,352 $ 34,691,352 This financial statement is an interim statement and is unaudited. 13

Irrigation Fund Statement of Net Assets Dec. 31, 2010 Assets Dec. 31, 2010 Dec. 31, 2009 Current Assets: Cash $ 41 49 Investments 57,957 50,357 Accounts Receivable (1,442) 147 Assessments Receivable 3,034 2,119 Due from Other Funds - 76 Prepaid Expenses - 0 Total Current Assets 59,590 52,748 Capital Assets: Buildings - Improvements - Service lines 149,079 149,079 Furniture and Equipment 114,929 114,929 Construction-In-Progress-Current Year - Less Allowance for Depreciation (58,324) 205,684-49,486 Total Assets $ 265,274 $ 267,270 Liabilities: Accounts Payable $ 43 24 Contracts Payable - Due to Other Funds 1,615 1,072 Advances-Other Funds - Developer Payback 10,180 10,180 Other Accrued Liabilities 3,897 4,158 Total Liabilities 15,735 15,434 Net Assets Investment in Capital Assets, net of related debt 205,684 214,522 Unreserved (deficit) 43,855 37,314 Total Net Assets $ 249,539 $ 251,836 This financial statement is an interim statement and is unaudited. 14

Irrigation Fund Statement of Revenues and Expenditures For the Period Ending December 31, 2010 Annual YTD Budget YTD Actual Current Month Percent Operating Revenues: Irrigation Assessments $ 28,390 $ - 0% Plan Check Review - - Irrig. District Assessments 3,020-0% Lateral Assessments 440-0% MID Admin & Misc. Revenue 930-0% - Total Operating Revenue 32,780 - - 0% Operating Expenses: Personnel Costs - - Supplies & Materials 65-0% Contractual Services 24,209 2,593 (20) 11% Ind. Cost Reimb. 13,383 2,754 918 21% Total Operating Expenses 37,657 5,347 898 14% Operating Income (4,877) (5,347) (898) 110% Non-Operating Revenues (Expenses): Direct Reimbursement - City Contribution/TI General Fund 15,215-0% Interest Revenue - 9 3 Interest Expense - - - Total Non-Operating Revenues (Exp) 15,215 9 3 0% Net Income (Loss) before Depreciation 10,338 (5,338) (895) -52% and Contributions Less: Depreciation (8,838) (2,946) (1,473) 33% Capital Contributions: Developer 0 - Net Income $ 1,500 $ (8,284) $ (2,368) -552% Capital Assets 3,000 0 0 This financial statement is an interim statement and is unaudited. 15

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Geothermal Fund Statement of Net Assets Dec. 31, 2010 Assets 12/31/2010 12/31/2009 Current Assets: Cash $ (3,605) $ (3,697) Investments 503,550 249,583 Accounts Receivable 98,542 126,450 Grants Receivable 196,318 - Due from Other Funds 49 176 Inventory-Supplies 168,722 156,511 Prepaid Expenses 1,127 861 Total Current Assets 964,703 529,884 Noncurrent Assets: Employee Advances - - Total Noncurrent Assets - - Capital Assets: Intangible Assets 8,608 Buildings 109,959 109,959 Improvements 2,174,922 2,174,922 Service lines 4,617,035 4,411,278 Furniture and Equipment 393,021 393,021 Construction in Progress 492,240 542,981 Less Accum. Depr. (3,212,023) 4,091,522 (3,054,607) Total Capital Assets (Net of Accum Depr.) 4,583,762 4,577,554 Total Assets $ 5,548,465 $ 5,107,438 Liabilities Accounts Payable $ - Contracts Payable - - Due to Other Funds 33,082 13,943 Advances Payable - Sewer 112,396 112,336 Accrued Payroll & Taxes Liability 10,445 4,955 Other Accrued Liabilities 83,577 122,969 Total Liabilities * 239,500 254,203 Net Assets Investment in capital assets, net of related debt 4,583,762 4,577,554 Unreserved (deficit) 725,203 275,681 Total Net Assets $ 5,308,965 $ 4,853,235 * Does not include $ 284,563 in outstanding PO encumbrances 17

Geothermal Fund Statement of Revenues and Expenditures For the Period Ending December 31, 2010 Annual YTD Budget YTD Actual Current Month Percent Operating Revenues: Water Sales $ 632,490 $ 199,881 $ 106,280 32% Direct Reimb. 9,000-0% Misc. Revenue 2,803 41 Total Operating Revenue 641,490 202,684 106,320 32% Operating Expenses: - Personnel Costs 92,645 24,315 7,907 26% Supplies & Materials 468-0% Contractual Services 320,450 30,859 7,338 10% Ind. Cost Reimb. (26,306) (3,107) 3,107 12% Total Operating Expenses 387,257 52,068 18,352 13% Operating Income 254,233 150,616 87,968 59% Non-Operating Revenues (Expenses): Interest Revenue 7,966 477 146 6% Interest Expense (7,651) (17) (6) 0% Transfer in - Transfer (out) (100,000) (24,999) (8,333) 25% Total Non-Operating Revenues (Exp) (99,685) (24,539) (8,194) 25% Net Income (Loss) before Depr & Capital C 154,548 126,078 79,775 82% Less: Depreciation (166,895) (41,724) (13,908) 25% Capital Contributions: Grants (HUD)/ Other (State of Idaho) 3,502,726 - - 0% Grants-Stimulus Funds (DOE) - 35,477 Net Income after Depr and Capital Contribu $ 3,490,379 $ 84,354 $ 101,344 2% Capital Assets 4,613,625 41,554 32,198 1% This financial statement is an interim statement and is unaudited. 18

Statement of Changes in Financial Position Geothermal Enterprise Fund December 31, 2010 YTD Month Ending 12-31-10 12-31-10 Sources of funds: Operations: Net income, before depreciation $ 126,078 $ 79,775 (which does not require current outlay of cash) Total funds from (used in) operations 126,078 79,775 Contributions and capital revenues - 35,477 Increase in: Accounts Payable Advances payable-sewer 17 6 Other accrued liabilities Due to other funds 7,659 Compensated Absences Decrease in: Accounts receivable Inventory-Supplies Due from other funds 14,043 8,841 Grants receivable 35,478 - Prepaid expenses 102 Employee Advances Total sources of funds 175,616 131,860 Uses of funds: Additions to property, plant & equipment 41,554 32,198 Increase in: Accounts receivable 79,572 33,703 Inventory Supplies Due from Other Funds Prepaid expenses 1,127 Decrease in: Accounts payable 45,677 6,155 Advances payable-sewer Contracts payable - - Due to other funds 27,770 Other Accrued Liabilities 11,292 11,761 Total uses of funds 206,991 83,817 Increase (decrease) in cash and short-term investments (31,376) 48,043 Cash and short-term investments at beginning of period 531,321 451,902 Cash and Short-Term Investments at End of Period $ 499,945 $ 499,945 19 This financial statement is an interim statement and is unaudited.

Solid Waste Fund Preliminary Statement of Net Assets Dec. 31, 2010 Dec. 31, 2010 Dec. 31, 2010 Assets Current Assets: Cash $ 85,183 $ 42,589 Investments 1,775,016 3,015,986 Accounts Receivable 1,839,881 Less Reserve Bad Debt (144,719) 1,695,162 1,741,799 Accrued Interest Receivable 6,787 1,961 Assessments Receivable - - Due From Other Funds 21,176 8,536 Other Assets - Prepaid Expenses 11,201 8,934 Total Current Assets 3,594,525 4,819,805 Noncurrent Assets: Employee Advances Receivable 800 800 Meth Lab Clean-Up Loans Receivable - Advances-City Shop Fund 654,470 705,272 Total Noncurrent Assets 655,270 706,072 Capital Assets: Automobiles and Trucks 120,540 Machinery and Equipment 258,558 Public Art Collection 25,629 Less Accum. Depr. (175,253) 229,474 240,908 Construction-in Progress, Booked - - Construction-in-Progress, Current Year - 43,932 Total Capital Assets ( Net of Accum. Deprec.) 229,474 284,840 Total Assets $ 4,479,269 $ 5,810,717 Liabilities: Current Liabilities: Accounts Payable 1,626,305 2,690,054 Contracts Payable - - Accrued Payroll and Taxes Payable 14,747 20,193 Trash Deposits Payable - - Due to Other Funds 139,043 207,196 Unearned Revenue 478,029 476,911 Other accrued liabilities - - Total Current Liabilities 2,258,124 3,394,354 Noncurrent Liabilities: Compensated Absences 36,286 19,628 Total Liabilities* 2,294,410 3,413,982 Net Assets Investment in Capital Assets, Net of related debt 229,474 284,840 Unreserved (deficit) 1,955,385 2,111,895 Total Net Assets $ 2,184,859 $ 2,396,735 20 This financial statement is a interim statement and is unaudited. * Does not include $154,237 in outstanding PO encumbrances.

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Solid Waste Fund Preliminary Statement of Revenues and Expenditures For the 3 Month Period Ending Dec. 31, 2010 Annual YTD Operating Revenues: Budget YTD Actual Current Month Percent PROGRAM DEV/MGMT: Households-O&M $ 12,217,800 $ 2,824,090 $ 938,756 23% Commercial- Regular,Recycling and On-Call 12,523,150 2,991,581 969,730 24% Interest & Penalities 332,340 61,863 19,387 19% Misc. Revenue 41,430 14,193 4,142 0% Transfer Ins - - 0% Total Operating Revenues 25,114,720 5,891,727 1,932,014 23% - Operating Expenses: Personnel Costs 366,942 90,151 28,630 25% Supplies & Materials 405,959 15,070 7,698 4% Maintenance & Operation 288,809 32,397 17,212 11% Leaf Collection 92,000 75,498 75,489 82% Xmas Trees 20,000-0% Glass Recycling 46,500 14,333 6,446 31% Special Recycling/Environmental Programs 9,000 500 6% Strategic Plan Consulting/Mgmt - - Advertising 35,000 8,264 1,682 24% Allied Contract Recycling - - Household Recycling 2,001,300 543,836 180,958 27% Business Recycling 315,800 113,415 37,810 36% Household Trash/Appliance 5,695,900 1,549,921 515,109 27% Business Trash 5,449,100 1,314,031 427,392 24% Utility Billing Services 575,387 137,646 45,882 24% Franchise 1,160,356 278,733 91,593 24% School Recyling 2,600-0% Downtown Trash 18,725 1,493 8% Landfill-Commercial/Residential/Special 7,321,709 1,541,251 457,963 21% Cross Charges 75,038-0% Indirect Cost Reimb. 299,038 59,858 19,953 20% Collections Staff Support 201,000 16,613 (15,553) 8% Arts Reimb. 600-0% Junk Cars-Towing 200-0% Environmental Education 48,134 12,036 4,012 25% Misc. Expenses 25-0% Bad debt expense 200,000 8,601 3,600 4% Low Income Discount 10,426 4,037 1,349 39% Transfer Out-UB Rewrite 489,750-0% Transfer Charges 103,000 25,750 8,583 25% Total operating expenses 25,232,298 5,843,434 1,915,804 23% Non-Operating Revenues(Expenses): Operating Grants Net Income(Loss) before Depreciation (117,578) 48,293 16,211-41% Less Depreciation (39,942) (9,986) (3,329) 25% Net Income After Depreciation $ (157,520) $ 38,308 $ 12,882-24% Capital Expenses $ 52,318 $ - $ - 0% This financial statement is an interim statement and is unaudited. 22

, Idaho Health Care Trust Statement of Net Assets For the 3 Month Period Ending December 31, 2010 ASSETS Dec. 31, 2010 Dec. 31, 2010 Current Assets: Cash and cash equivalents $ 1,222,156 $ 1,658,791 Investments 4,160,977 6,885,414 Receivables: Accounts and interest 62,596 59,306 Interfund receivables 13,095 25,601 Prepaid items - Total current assets 5,458,824 8,629,112 Total assets $ 5,458,824 $ 8,629,112 LIABILITIES Current Liabilities: Accounts Payable * $ 583,647 - Self Insurance Claims 1,366,000 1,320,000 Other accrued liabilities (18) 602 Interfund Payables 25,569 4,977 Total current liabilities 1,975,198 1,325,579 Total liabilities 1,975,198 1,325,579 NET ASSETS Invested in capital assets Reserved for future claims 3,483,626 7,303,533 Total net assets $ 3,483,626 $ 7,303,533 This fund is reported and audited on a calendar basis as a Fiduciary Trust Fund and managed in trust for the City's employees. Interim financials are presented on a fiscal year basis as if a governmental or business-type activity for operational accountability. 1) Negative balance is due to the current month's insurance accrual is done in the subsequent month. Does not include $ 800 in outstanding PO encumbrances. 23

, Idaho Statement of Revenues, Expenses, and Changes in Fund Net Assets Health Care Trust and Employee Wellness 1) For the 3 Month Period December 31, 2010 Annual YTD Budget YTD Actual Current Month Percent Operating Revenues: Charges for Services: Retirees Share $ 962,030 $ 181,531 $ 63,252 19% COBRA Share 430,084 86,816 28,497 20% Employee/Employer Share * 23,200,175 2,846,051 938,345 12% Pharmacy Rebate 132,482 44,644 44,644 34% Misc. Revenue - - Employee Wellness Revenue 12,000-0% Total Operating Revenues 24,736,771 3,159,042 1,074,737 13% Operating Expenses: Personnel Services - - - Professional Services 95,424 94,518 48,383 99% Administrative Services 1,820,980 270,776 132,669 15% Claims-Active 22,544,697 4,514,430 2,013,238 20% Claims-Retirees - 145,794 81,105 Claims-IBNR - Purchased Services - 1,799 Contractual Services-Employee Wellness 330,368 88,248 29,054 27% Total Operating Expenses 24,791,469 5,115,564 2,304,449 20% Operating Income (loss) (54,698) (1,956,522) (1,229,712) 3577% Non-Operating Revenues (Expenses) Interest Revenue 150,000 13,374 4,100 9% Total Non-Operating Revenues 150,000 13,374 4,100 9% Income before operating transfers 95,302 (1,943,148) (1,225,612) -2039% Interfund Transfers in Interfund Transfers out - Change in net assets 95,302 (1,943,148) (1,225,612) -2039% Total net assets-beginning - - Total net assets-ending $ 95,302 $ (1,943,148) $ (1,225,612) -2039% * Employee/Employer Share includes contributions for the subsequent month. This fund is reported and audited on a calendar basis as a Fiduciary Trust Fund and managed in trust for the City's employees Interim financials are presented on a fiscal basis as if a governmental or business-type activity for operational accountability. 24

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