Laserfiche WebLink
<br />I <br /> . <br /> 1993, r~JLJcing brukerage fees. <br /> AnJ Jesplce the s(r~ins on inSUfl <br /> crs' reserves caused by natural Jis~ <br /> aH~rs-like [he 1993 tlooJ- <br /> MWCC was able !:lJ n~gotiate <br /> c.asualcy ,mJ proper[~' CDvera!:!:e <br />i th<:lt delivered the same or becrer <br /> coverages JC the S<lme ur ben:er <br /> price:::;. <br /> For its prudent financial <br /> management, MWCC received <br /> [he national Distinguished Budl <br /> get Presentation Award in 1992 <br /> and 1993. We also received the <br /> . Certificate of Achievement for cmptoyee5 monlCDT d1.e CO/I <br /> Excellence in Financial Reporting in 1992. work. however, is the maintenance of MWCC's /ectZon and cre:;trm~nt of 300 <br /> These awards. voted on by Qur peers, are sign if. T riple.A bond rating. million gallons of u'asre- <br /> water each da.: . <br /> icant. The greatest cesrimony to our financial <br /> I <br /> 1992 - 1993 OPERATING EXPENSES <br /> IN THOUSANDS OF DOUARS <br /> 1992 1992 1993 1993 <br /> 8UOGE:T ACTUAl.. BUDGE:T ACTUAL <br /> (AMENDED) (AMENDED) <br /> OPERATIONS, MAINTENANCE <br /> at ADMINISTRATIVE 5 89,566 $85,316 5 93.144 $ 92,242 <br /> DEBT SERVICE 51.800 51,109 49.533 49,639 <br /> INSURANCE 3.069 Z,S46 2.994 2,656 <br /> RESERVE CONTINGENCY 500 500 0 0 <br /> PAST ASH 1,883 1,883 1,500 1,500 <br /> TOTAL EXPgNSgS 5146.818 $141,954 5147,171 $146,037 <br /> . <br /> IS <br />