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Revenue
<br />Sewer charges
<br />Other
<br />Total revenue
<br />1978
<br />$ 764,769
<br />67,568
<br />$ 832,337
<br />1977
<br />$ 645,494
<br />48,147
<br />$ 693,641
<br />1976
<br />$ 551,246
<br />49,310
<br />$ 600,556
<br />Expenses
<br />Disposal charges $ 452,967 $ 415,276 $ 278,087
<br />� Depreciation .
<br />Building and equipment 18,989 18,476 18,131
<br />Distribution system 86,764 85,051 83,592
<br />Other 188,792 159,969 168,147
<br />Total expenses $ 747,512 $ 678,772 $ 547,957
<br />Net income $ 84,825 ].4,369 � 52,599
<br />Water Fund This fund was established to aceount for operations of the city
<br />owned water system. The city purchases water from the City of St. Paul and
<br />the ciCy's water rates are reviewed annually to ensure that the water utility
<br />remains on a sound fiscal basis. Effective January l, 1979, the water rates
<br />were increase 4.7%.
<br />Revenue
<br />[��ater charges
<br />Okher
<br />� Total revenue
<br />1978
<br />$ 929,315
<br />78,115
<br />$1,007,430
<br />Expenses
<br />Water purchases $ 614 849
<br />�
<br />Depreciation
<br />1977
<br />$ 908,151
<br />91,421
<br />$ 999,572
<br />$ 584,924
<br />1976
<br />$1,012,981
<br />125,068
<br />$1,138,�49
<br />$ 637,367
<br />Buildings and equipment 52,202 44,797 39,125
<br />Distribution system : 81,268 80,533 78,410
<br />Other 238,831 198,693 196,023
<br />Total expenses $ 987,150 $ 908,947 $ 951,425
<br />Net.income $ 20,280 $ 90.625 $ 186,624
<br />Golf Fund This fund was established to account for the operation of the city
<br />owned nine hole golf course. The golf course was purchased in 1967 and the
<br />annual profits from the operation have been sufiicient to cover the operating
<br />costs and debt service requirement since the purchase date.
<br />1978
<br />Revenue
<br />Green fees and rental fees $ 89,635
<br />Other 5,644
<br />Total revenue $ 95,279
<br />Expenses
<br />Personal services
<br />.Interest expense ,
<br />Depreciation
<br />Other
<br />Total expenses
<br />Net income
<br />$ 42,382
<br />5,978
<br />3,841
<br />28,898
<br />S 81,099
<br />$ 14,1£30
<br />9
<br />1977
<br />$ 95,408
<br />6,993
<br />$ 102,401
<br />$ 40,238
<br />6,900
<br />5,022
<br />27,807
<br />$ 79,967
<br />�_22,434
<br />1976
<br />$ 89,359
<br />6,552
<br />$ 95,911
<br />$ 33,695
<br />7,500
<br />6,495
<br />32,799
<br />$ 80,492
<br />$ 15.419
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