Laserfiche WebLink
<br /> \! ,'II, !, ,Iilll): \\'11> !. (',.'n IF"I' <.. II 111 po. ! ' '. " " l: <br /> . <br /> RESPONSIBLE The Metropolitan bonds. it also executed S50 million in loan <br /> STEWARDSHIP Waste Control Com~ agreements with the Minnesota Public Facili; <br /> mission faces many ties Authority; these loans offer interest rates 1 <br /> pressures in developing and implementing its to 1.5 percent lower than general obligation <br /> budget-increasingly strict environmental reg- sewer bonds. <br /> ALL MWCC TREAT- ulations, elimination of federal programs that To reduce the variability of its annual <br /> MENT PLANTS COM- used to pay up to 90 percent of capital costs charges to communities, MWCC initiated a <br /> BINED ACHIEVED and rising population demands_ study of its billing system in 1993. We also <br /> 99,6 PERCENT COM- <br /> PLIANCE WITH THEIR Despite these demands, MWCC managed changed the way we carry fixed assets on our <br /> EFFLUENT DISCHARGE to keep a lid on rapidly rising costs: Its 1993 books_ Where entire plants were once listed as <br /> PERMITS IN 1992 rate increase was 4_8 percent, less than a third assets, now smaller plant components-like <br /> AND 1993. IN THE <br /> 12-MONTH PERIOD of the national average, and its 1994 increase generators, pipes or pumps-are shown on our <br /> BEGINNING APRIL 1, was just 2.6 percent. books. This method makes it easier to track <br /> .1993, WE ACHIEVED Controlling costs not only requires effi, maintenance and replacement cOSts, helping us <br /> 100 PERCENT COM- cient treatment operations, but carefuL pru, realize savings in time and money_ <br /> PLIA.NCE WITH THOSE <br /> STANDARDS-A NEW dent financial management. In 1993, for With more staff time available for risk <br /> MWCC RECORD. example, MWCC saved about $7 million in management anah'sis, MWCC started self- <br /> present value by refinancing $135 million in insuring its workers' compensation claims in <br /> 1992 - 1993 OPERATING REVENUE <br /> IN THOUSANDS OF DOLLARS <br /> 1992 1992 1993 1993 <br /> BUDGET ACTUAL BUDGE:T ACTUAL <br /> (AMENDED) (AMENDED) <br /> SEWER SERVICE CHA.RGES $116,223 $116,210 $123,575 $123,412 <br /> SERVICE AVAILABILITY CHARGE 18.952 18,635 13,836 12,015 <br /> INDUSTRIAL STRENGTH CHARGE 6,905 7.877 7,635 8,617 <br /> INVESTMENT EARNINGS 780 537 550 378 <br /> OTHER 75 180 75 115 <br /> REVOLVING FUND TRANSFER <br /> (PAST ASH) 1,883 1,883 1.500 t,500 <br /> TRANSFER FROM RESERVE 2,000 0 0 0 <br /> . TOTAL REVENUE $146,818 $145.322 $147.171 $146,037 <br /> 14 <br />