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<br />. <br /> <br />. <br /> <br /> <br />Sewer Fund <br /> <br />City of Arden Hills <br />April 1.2004 <br />Page Fifteen <br /> <br />The fonowing is a summary' of operations in the Sewer fund for the past tlrree years: <br /> <br />Operating revenues <br />Operating expenses <br /> <br />Operating loss <br /> <br />Nonoperating <br />revenues <br />Transfers in <br /> <br />2003 <br /> <br />2004 <br /> <br />2005 <br /> <br />Amount <br /> <br />Percent <br /> <br />Amount <br /> <br />Percent <br /> <br />Percent <br /> <br />Amount <br /> <br />$ 848,976 <br />1,096,590 <br /> <br />100.0 % <br />]292 <br /> <br />$ 935,207 <br />1,08],068 <br /> <br />100.0 % $ 1,055.670 100.0 % <br />]]5.6 1,113.1 89 105A <br />(15.6) (57,519) 15A) <br />3.5 11,986 11 <br /> <br />(247,614) <br /> <br />(29.2) <br /> <br />(145,861) <br /> <br /> 9.527 1.1 <br /> 56,578 6.7 <br />$ (181.509) (21.4) % <br />$ 958.132 <br /> <br />32,656 <br /> <br />Change in net assets <br /> <br />Cash and <br />cash equivalents <br /> <br />$] ,200,000 <br /> <br />$] ,000,000 <br /> <br />$800,000 <br /> <br />$600,000 <br /> <br />$400,000 <br /> <br />$200,000 <br /> <br />$(200.000) <br /> <br />S I] 13.205) <br /> <br />(12.]) % <br /> <br />$ (45.533) <br /> <br />(4.3) % <br /> <br />$ 620.489 <br /> <br />$ 422.764 <br /> <br />Sewer Fund Operations Summary <br /> <br />$- <br /> <br /> <br />2003 <br /> <br />2004 <br /> <br />2005 <br /> <br />i · Operating revenues iii Operating expenses <br />I ~ Change in net assct~ _ __~~-~ash and cash equi\-'al_~~ts <br /> <br />0Nonoperating revenues <br /> <br />The Sc\\'cr fund increased its rates by 15 percent in 2005. Another rate increase in 2006 is planned in order to cover <br />opcratmg expenses_ <br /> <br />952.8:lS.~}(I9D ~ Fax 9:}t.H35.326l <br /> <br />W\'\'W.;).ClllCpac,.CllJll <br />