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Excess fund balances are used to finance current operations.
<br />Rates have increased for all types of users each year since 1984
<br />to cover increased cost from the Metropolitan Waste Control
<br />Commission (MWCC). Approximately 73.6% of the sewer operating
<br />expenses, including depreciation on the distribution system, are
<br />for sewage service provided by the MWCC. Consequently, the sewer
<br />rates are in a large part determined by the MWCC. Rates were
<br />increased by 2.45� in 1988.
<br />Selow is a summary of the sanitary sewer operations:
<br />Operating Revenues
<br />User Charges
<br />Other
<br />Total Operating
<br />Operating Expenses
<br />Disposal charge -
<br />Depreciation
<br />Other
<br />Revenues
<br />MWCC
<br />Total Operating Expenses
<br />Operating Income (loss)
<br />NonoDeratina Revenues
<br />�
<br />$ 1,867,025
<br />7,929
<br />S 1,874,955
<br />1,496,759
<br />118,338
<br />419,239
<br />S 2.034.336
<br />$ (159,381)
<br />116,133
<br />1987
<br />$ 1,884,818
<br />2,667
<br />S 1,887,485
<br />1,467,778
<br />119,928
<br />302.770
<br />S 1,890,476
<br />$ (2,991)
<br />102,896
<br />Net Income (loss) S( 43,2491 S 99,905
<br />The Water Fund accounts for the operation of the water system,
<br />with 8,995 customers currently being billed. The City purchased
<br />all of the water it uses from the City of St. Paul. The City
<br />reviews its financial position and the rate structure annually.
<br />Excess fund balances are used to finance current operations. The
<br />City increased rates by 4.7� in 1985, 6.4$ in 1986, 5� in 1987,
<br />and 5.88� increase in 1988.
<br />Approximately 75.7$ of the water operating expense, including
<br />depreciation of the distribution system, is for water provided by
<br />the City of St. Paul. Consequently, the water rates are in a
<br />large part determined by the City of St. Paul charges.
<br />Following is a summary of the water operations:
<br />Operating Revenues
<br />User charges
<br />Other
<br />Total Operating Revenues
<br />Operating Expenses
<br />Water
<br />City of St. Paul
<br />Depreciation
<br />Other
<br />Total Operating Expenses
<br />�e3
<br />$ 2,632,323
<br />3,714
<br />S 2,636,037
<br />$ 1,833,764
<br />190,552
<br />396,684
<br />S 2,421,000
<br />11
<br />1987
<br />$ 2,066,950
<br />5.244
<br />S 2.072,194
<br />$ 1,686,891
<br />140,361
<br />452,679
<br />S 2,279,931
<br />
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