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CITY OF ORONO. MINNESOTA <br />Water Operating Fund <br />Comparative Statement of Revenue, Expenses, and Changes tn Retained Earnings <br />Ycm Ended December 31,1*^5 and IW <br />Exhibit F-5 <br />* <br />\995 1994 <br />Operating revenue <br />^ A <br />Metered water sales $ 220.848 S 199.208 f f <br />Other 2,790 3,238 <br />Total operating revenue 223.638 202.446 <br />Operating expenses <br />Salaries and wages 59.035 68,653 <br />Retirement contributions 6,759 8,039 <br />Health and life insurance contributions 2.847 1,845 <br />Purchased water 10,878 6,985 <br />Professional services 31.512 5,960 <br />Operating and maintenance supplies 11,709 8,627 <br />Heat, light, and power 21.454 25.281 » 4 <br />Depreciation 64,764 62.495 <br />Maintenance and repairs 6,686 20.357 rAdministrativ e charges from General Fund 5,830 5,833 I ‘ <br />4__A <br />Communications 2,612 2,631 <br />Office supplies -55 <br />Printing, publishing, and advertising 117 199 ( <br />Data processing 3,726 3,062 u <br />Insurance 9,154 10.137 <br />Other expenses 6,295 1,359 <br />Total operating expenses 243,378 431,518 <br />Operating loss (19.740)(29.072) <br />Nonoperating revenue 'expense) <br />Propertv' tax revente <br />Interest earned on investments <br />40.586 34.295 ftip* <br />Debt service -461 <br />Operations 5,069 3,863 <br />Interest on special assessments 1,178 2,356 <br />Interest expense on revenue bonds (58,666) (64,472) <br />Revenue bond expense (205)(219) <br />Gain on sale of assets 1,061 -. <br />Toul nonoperating revenue (expense)(10.977) (23.716) <br />r- « <br />Net loss (30,717) (52,788) <br />Credit for depreciation on contributed equity 32,886 34,873 • I <br />i <br />Increase (decrease) in retained earnings 2,16^^(17.915)— <br />Retained earnings <br />171.984Beginning of year 154,069 <br />End of year S 156,238 $ 154,069 <br />% <br />-86- <br />J