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Below is a summary of the storm drainage operation: <br />ra inQ Reven�ec <br />User Chazges <br />Other <br />Totai Operating Revenues <br />ratinQ F.xpenses <br />Personnel <br />Depreciation <br />Other <br />Total Operating Expenses <br />Operating Income <br />Nonoperating Revenues <br />Operating Transfers (out) <br />Net Income <br />G'I'S1 <br />$ 96,245 <br />176,593 <br />121,244 <br />94•OA2 <br />$160,816 <br />89,698 <br />": <br />$553,427 <br />32.947 <br />$586.'i74 <br />$ 103,986 <br />171,955 <br />126 � <br />$402 262 <br />$184,112 <br />227,387 <br />�51.470) <br />�4 <br />Debt Administration <br />C�mmary of O rt� anding Debt <br />Net bonded deht per capita, and the percentage of net debt to assessed value and to market <br />v�alue aze usefut indicators of the City's debt position. <br />Debt statistics for the City as of December 31, 1998, as shown in Table 9, are as follows: <br />A1T191lt1t <br />Net Direct Debt $ 31,745,530 <br />Net Overlapping Debt 41,14'i.34 <br />T'otaf i498 � 72.888 873 <br />Total 1997 $ 74.833.888 <br />Percent of Percent of <br />Tax .apacitv Market Value <br />95.42% 1.70% <br />123,67q 2.20% <br />219.1% ± 9 � <br />17 5% 4 2Cq <br />14 <br />Debt Fer <br />anita <br />$ 928.39 <br />� 1 203.23 <br />�_� <br />� 49 S22 <br />