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Annual_Report_1989_001
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Annual_Report_1989_001
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1985 <br />1984 <br />1983 <br />1982 <br />1981 <br />1980 <br />Proprietary Operations <br />Enterprise Funds <br />4,557,868 <br />4,294,589 <br />4,082,045 <br />3,858,439 <br />3,550,468 <br />3,256,698 <br />717,475 <br />676,863 <br />945,440 <br />817,712 <br />$72,746 <br />915,732 <br />i5.7 <br />15.8 <br />23.2 <br />21.L <br />24.6 <br />28.I <br />Enterprise Funds account for the financing of services �o the <br />general public in which all or most of the costs involved are <br />paid in the form of charges by the user of such service. Except <br />for ownership, these funds closely resemble a privately-owned <br />business. <br />The Sanitary Sewer Fund accounts for the operation of the sewer <br />system with 9,233 customers currently beinq billed. The City <br />reviews its financial position and the rate structure annually. <br />Excess fund balances are used to finance current operations. <br />Rates have increased for all types of users nearly every year <br />since 1984 to cover increased cost from the Metropolitan Waste <br />Control Commission (MWCC). Approximately 69.3$ of the sewer <br />operating expenses, including depreciation on the distribution <br />system, are for sewage service provided by the MWCC. Consequent- <br />ly, the sewer rates are in a large part determined by the MWCC. <br />Rates were not increased in 1989. <br />Below is a summary of the sanitary sewer operations: <br />1989 1988 <br />Operating Revenues <br />User Charqes <br />Other <br />Total Operating <br />Operating Expenses <br />Disposal charge - <br />Depreciation <br />Other <br />$ 1,738,335 $ 1,867,025 <br />10,063 7•929 <br />Revenues 9 1 748 398 S 1 874,955 <br />MWCC 1,258,765 1,496;759 <br />121,709 118,338 <br />436.303 419.239 <br />Total Operating Expenses <br />Operating Income (loss) <br />Nonoperating Revenues <br />Net Income (loss) <br />� 1 810,777 <br />$ (68,379) <br />140.255 <br />$ 71,876 <br />$ 2 034.336 <br />$ (159,381) <br />116,133 <br />g f 43,2491 <br />The Water Fund accounts for the operation of the water syst.em, <br />with 8,995 customers currently being_billed. The City purchased <br />a11 of the water it uses from the Citp 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, 5g in 1987, <br />5,88% in 1988 and no increase in 1989. <br />11 <br />
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