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The *ator Pund accounta !or tho oparation of the vatar aystem, <br />rith 9,155 cuatoaora currontly b�inq billad. Tha City purchae�d <br />all of the vat�r it ua�a fros th• City ot St. Paul. The City <br />r�vi�Me its finaaaial position snd th� rate atructur• aanually. <br />�[csas lund balancea ar� usad to financ• curraat operationa. Th� <br />Citp incroaa�d rat�s by 4.7� in 1985, 6.4� in 1986, 5� in 1987, <br />2.7$ ia 1990, ind 3$ in 1991. <br />appsoz3aat�ly 74� of th• ratsr oparating •zp.na�, includinq <br />n.prsciation of th• distribution syetas, 3s for xat�r providod by <br />th• City of �to Paul. Cons�qu�ntly, th• rat�r rat�s ar• ia a <br />larqe part d�t�rained by th• Citp oi 8ta Paul eharq�a. Rat�r <br />ratas ar� calculatad to qenorata r.vonuos to offset daprtciation <br />on th� distribution apst�m sinc• thas• ass�ts M�r• oriqinally <br />financ�d by sp�cial aaaoaam�at, and futur� r�plac�ment of thoa� <br />ass�ts is plann�d to b� finaac�d by syst�a usera. <br />Fo1loMinq is a summary o! the vat�r oparationa: <br />Operatinq Rav�nuea <br />IIa�r chsrg�s <br />Oth�r <br />1991 <br />$ 2�115�068 <br />13.286 <br />Total Operatinq Revanuas $ 2,128.355 <br />Oporatinq �cpwna�a <br />watar purchasad from <br />City of Sto Paul $ 1,628,348 <br />Depr�ciation 154,49� <br />Other 495.554 <br />Total Oparatiaq Expansos $ 2,4780399 <br />Op�ratinq income (loss) <br />Noaoperatinq reveauea <br />N�t Incomo (loss) <br />S Q350,04�) <br />168,630 <br />8 (Y�Y,�14I <br />Y990 <br />$ 2,157�063 <br />4.549 <br />S 2.161,612 <br />$ 1,534,719 <br />15�,851 <br />469,050 <br />$ 2.156.620 <br />$ 3.992 <br />178.�58 <br />$ 181,850 <br />Th� Golf Fund accounta for tho oparation of one, par-throe, aina- <br />hol� qolf coura�. Thia qolf coura� vaa purahased ia 1967, and <br />th• annual profita from th• usar charqs hana baon aufficient to <br />cov�r all oporatinq coata and th� boad principal aad iatareat <br />paymanta sinc• the puraha�e dat�. cireen fsea vera incrsaeed in <br />1991 to $5.00 per zoundo <br />��lov is a summarp of qol! oparatioaa: <br />12 <br />