|
32
<br />CITY Oh' ROSEVII.LE, P1iNUL'SO'S'A
<br />� SP:WER OPTs'RATING l'UNll
<br />STATt�:�4:NT OF ZNCO:�L� AND I:I's'TAINED EAItNINGS
<br />1'I:ARS ENPED DF.CFA',t�BR 31, 1976 aND 1975
<br />Revenue
<br />Sewer char-�es
<br />Piaintenance charges - Pletropolitan Waste
<br />Control Commission
<br />Secaer permits
<br />Invest[nent income
<br />Other income
<br />Total revenue
<br />�xpenses � ,
<br />Disposal charges - Tietrcpolitan
<br />Waste Eontrol Commission $ 278,087
<br />Salaries 67,312
<br />Pension and insurance 11,517.
<br />Maintenance and repair 12,051
<br />Professional services 7,187
<br />Insurance 15,585
<br />Supplies 12,919
<br />tlti-1iti.es 6,592
<br />Otlier 21,27.0
<br />1976
<br />$ 551,246
<br />11,980
<br />24,429
<br />12,901
<br />$ 600,556
<br />Dep'reciation - Buildings and
<br />equipmect 18i131
<br />Adminiserative charges -
<br />General Fund 13,130
<br />Total expenses $ 464,365
<br />7975
<br />$ 414,393
<br />9,712 "'
<br />l,?20 'I
<br />2].,218
<br />---� 6 i 3
<br />$ 457�186 `
<br />$ 162,557
<br />90,420
<br />14,525
<br />9,32.1
<br />s,za2
<br />7,736
<br />11,718
<br />7,456
<br />6,567
<br />16,495
<br />6,60Q �
<br />$ 341,677 -
<br />Net income before depreciation
<br />on distributicn system $ 136�191 $ 115,SQ9
<br />DepreciaL-ion - Distribution system �3s592} ( 87,772)
<br />D'et income $ 52,599 $ 32,737 ,
<br />Add credit arising from redistributi.on
<br />ef depreciation to contri.butions
<br />in aid of construction
<br />Retair.ed ezrni_ngs, Behinning of ye2r
<br />Transfer to Sewer Improvement
<br />Debt Service Fm1d $( 25,000)
<br />Transfer to Equipment Fevolving Fund ( 3,500)
<br />Transfer from F.quipmenL Revolvi.ng
<br />Fund 7,R25
<br />Transfer from Water Operating Fund 95,000
<br />j�n_1: iT3itSt�YS
<br />Retained earnings, End of year
<br />See accompanyi_ng notes to tinancial statements.
<br />83,592
<br />$ 136,191
<br />713,725
<br />69,325
<br />� 919.241
<br />$( 25,G00}
<br />82,772
<br />$ 7.7.5,509
<br />623,216
<br />�_2ti,()��) `
<br />S 71'i.725 '4
<br />
|