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<br /> <br />City of Arden Hills <br />April 10, 2003 <br />Page Eleven <br /> <br />. <br /> <br />Enterprise Fuods <br /> <br />Water Fund <br /> <br />The results ofthe operations and cash position ofthe Water fund for the past three years are as follows: <br /> Percent Percent Percent <br /> of of of <br /> 2002 Total 2001 Total 2000 Total <br />Operating revenue $ 976,107 100.0% $ 1,177,034 100.0% $ 1,142,587 100.0% <br />Operating expenses 951,524 97.5 1.066,811 90.6 1.357.855 ~ <br />Income (loss) from operations 24.583 2.5 110.223 9.4 (2]5268) (18.8) <br />Cash balance, December 31 $ 1.465.220 $ 1 .232.536 $ 997.742 <br /> <br /> Water Fund <br />. $1,400,000 <br /> $1,200,000 <br /> $1,000,000 <br /> $800,000 <br /> $600,000 1'1 Operating revenue <br /> $400,000 . Income from operations <br /> $200,000 <br /> $- <br /> $(200,000) <br /> $(400,000) <br /> 2002 200] 2000 <br /> <br /> <br /> <br />The cash balance and operating margins have been sufficient to meet working capital and major repair needs. <br /> <br />. <br />