07-13-1992 Council Packet - Laserfiche WebLink

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t arik--I ii#r"I'"' R'.Vrh Im:m-;^m> B m kk'.f^:r Im !#■ I I . ■ Ikh. I > ' <ir.y k ■ k"I » ■ ■ :•> Ttt IN Cky Council and Chliens of the City of Orono r«ne 1. 1992 Scweh OrauTiNG Fund TN Stwtr Operating Fund accounts for the provision of sewer services to the residents of the City who have sanitary aewer ser. ' 'e available All activities necessary to provide such services art for in this (iind. includi.'f iidministration. operations, maintenance, billing, and collection. IN aununary of operations for 1991 and 1990 is as follows: D^ember 31 1921 1990 Operating revenue Operating expenses $ 446,776 $ 423,592 475J 09 438.066 Operating loss S (28.331 ) S (14.474) Opanting losi for 1991 docs not include nomjperating revenue of $166,233 or nonoperating expenses of $74,710 Operating loss for 1990 does not include nonoperating revenue of $160,406 or nonoperating expenses of $72,777. Retained earnings as of December 31, 1991 w«t $1,503,992, which represents an increase of $190,454 from 1990. net of the effects of dcpraciation on contributed assets and of norniperating items. Gotr C ourse Oterating Fund TN Golf Course Opiating Fund accounts for the operation of the City-<mned and operated golf course sales and expemes necessary to provide this service TN summary of opcratioiw for 1991 and l*i>X} is as tolUiwi December 31 Gross profh and (gating revimue Operating expenses Opting 1991 1990 $ 131,432 %135,109 107.973 imii i .UJS2 } Opertfing for 1991 do« not include nonoperating revalue of $2,942 or nonopeoateg aapeaati nf |T?f Operating income for 1990 tk>es not Include nonoperating revenue of $1,026 ionings m of Decemba 31. 1991 were $101,547. which represenu an increaie of S25,l$7 Oom 1990. iwi of tN effects of depreciaiiofl on contribuied aaaos and of nonoperating Reott itaSSli"■ipP;::. ................. 4 A ■ k k %■ ii <uuiitiiSdiki;b