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Below is a summary of the sanitary sewer operations: <br />Ooeratina RevenLes <br />User Chazges <br />Other <br />Total Operating Revenues <br />QoeratlriE �Re2� <br />Disposal Chuge-MCES <br />Depreciadon <br />Other <br />Total Operating Expenses <br />Operating Income <br />Nonopendng Revenues <br />Operating Transfers (out) <br />N t T�ncoxi�e <br />129_Z <br />$3,004,492 <br />�,� <br />$�,067 �_1 <br />$2,331,731 <br />131,336 <br />513.184 <br />�976 51 <br />$ 91,080 <br />107,621 <br />�� <br />192$ <br />$3,268,712 <br />9'i 557 <br />�3.362.269 <br />$2,267,816 <br />107,024 <br />_�Q�,4S4 <br />�2.878.2� <br />$ 484,013 <br />282,264 <br />� 0.5 93g1 <br />�_� <br />The Water Fund accounts for the operation of the water system, with 9,733 customers <br />currenily being billed. The City purchases all of the water ik uses fmm the City of St. Paul. <br />The City reviews its financial position and the rate structu�e annuaily. <br />Approximatety 75 % of the water operating expense, including depreciation of the distribution <br />' system, is for water provided by tiie City of St. Paul. Consequenfly, the water rates are in a <br />lazge part determined by the City of St. Paul chazges. <br />Water rates aze calculated to generate revenues ta offset depreciation on the distribution system <br />since these assets were originally financed by special assessment, and future replacement of <br />these assets is planned to be financed by system users. <br />The City has bronght water rates to a leve! which is now providing for restoring the necessary <br />cash balance and retained eamings, It is expected that Yiscal goals wi11 be fully achieved over <br />the next 5-6 years. <br />11 <br />