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Enternrise Funds (Continued)
<br />�elow i.: a summary ef the sanitary sewer operations:
<br />1980
<br />Operatino revenue
<br />User charges $ 851,377
<br />Other 21,778
<br />Total opzrating revenue $ 8?3,655
<br />Operating expenses
<br />Disposal charge $ 655,989
<br />Prior year actual cost
<br />allocation ( 74,1]J)
<br />ilepreciation
<br />Plant and eqcipment 16,%19
<br />Distribution system 90,303
<br />Other 217,492
<br />Tota1 operating er.pense $ 90U,386
<br />1979
<br />$ 851,451
<br />23,867
<br />$ �?= 34.�3
<br />$ ��5,%80
<br />( 66,625)
<br />19,036
<br />85,250
<br />215,510
<br />$ 831.951
<br />1978
<br />S 764,769
<br />19,415
<br />S 784,184
<br />$ 475,377
<br />( 22,410)
<br />18,989
<br />86,76�:
<br />188,792
<br />$ 7'v?,512
<br />Operating income (loss) $( 32,731) $ 43,397 $ 36,672
<br />Nonoperating revenue 53,423 66,1°6 67,292
<br />Net income $ 7_0 692 S 109,593 S 1G3,96tE
<br />1�, The Water Fund accounts fo: the opezation of the water system, wi�h 8,357 customzrs
<br />� currently being billed. The Ci.ty purchases a11 of the water it uses irom �hz C:i.tv
<br />�; of St. Pa�.:1. The Cit�,- rev:.e;as t'��.z _rate str.uct;irc znnually anc� ratzs �aere increaszd
<br />�'��, by 4 Jl for 1979, but there was no i_ncrease in rates ior 1950.
<br />Approx:.mately 72io of the water oaerating expense, excluding depreciation of the
<br />distribution system, is for water provided Uy the City of St. Pau1. Consequently,
<br />the waLer rates are in a large part determined by the City of St. Paul charges.
<br />Water rates are not calculated to generate revenues to oi=set depreciation on thz
<br />distribution system since these assets were originally financed by special assessment,
<br />and future replacemer.t of these assets is planned to be financed by special
<br />assessmencs.
<br />Below is a summary of the water operations:
<br />1980
<br />Operatin� revenue
<br />User charges $1,181,197
<br />Other 4,216
<br />Tota1 operating revenue $1,135,413
<br />Operating expense
<br />Water-City of St. Pau1 $ 867,632
<br />Depreciation
<br />P1ant and equipment 55,000
<br />Distribution system 83,969
<br />Other 287,411
<br />Tota1 operating expense $1,294,012
<br />Operating income (loss) $( 108,599)
<br />Nonoperating revenue 109,063
<br />Pdet income $ 464
<br />9
<br />1979
<br />$1,005,572
<br />9,363
<br />$1,014,935
<br />$ 686,926
<br />55,6G9
<br />82,633
<br />251,465
<br />$1,076,633
<br />$( 61,698)
<br />98,557
<br />S 36,859
<br />1978
<br />$ 929,315
<br />4,409
<br />$ 933,724
<br />$ 614,849
<br />52,202
<br />81,268
<br />238,831
<br />$ 987,150
<br />$( 53,426)
<br />73,706
<br />$ 20,280
<br />
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