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Below is a summary of the Ice Arena operations: <br />Operating revenues <br />Gross profits on <br />merchandise sold <br />User charges <br />Other <br />Total operating revenues <br />1985 <br />1984 <br />$ 15,004 $ 12,327 <br />249,325 266,040 <br />17,136 20,056 <br />281,465 $ 298,423 <br />Operating expenses <br />Personal service $170,772 $ 159,995 <br />Depreciation 29,974 28,978 <br />Other 122,102 114,996 <br />Total operating expenses 322,848 $ 303,969 <br />Operating Income (loss) $(41,383) $( 5,546) <br />Nonoperating revenues (expenses) 41,519 45,394 <br />Net income 136 $ 39,848 <br />The Storm Drainage Fund was established in 1984 and accounts for the operation of <br />the storm drainage system. The purpose of this fund is to pay for the <br />development of storm water management plans and storm drainage improvements. The <br />storm drainage rates established for 1984 were not increased for 1985 and 1986. <br />Below is a summary of the storm drainage operation: <br />Operating revenues <br />User charges <br />Total operating revenues <br />Operating expenses <br />Personnel <br />Depreciation <br />Other <br />Total operating expenses <br />Operating income <br />Nonoperating revenues <br />Net income <br />1985 <br />533,835 <br />533,835 <br />$ 76,089 <br />22,006 <br />168,704 <br />266,799 <br />$267,036 <br />24,829 <br />291,865 <br />1984 <br />$ 464,192 <br />$ 464,192 <br />-0- <br />$ 133 <br />22,983 <br />$ 23,116 <br />$ 441,076 <br />10,294 <br />$ 451,370 <br />