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CITY OF ORONt,
<br />WATER OPERATING FUND
<br />COMPARATIVE STATEMENT OF REVENUE, EXPENSES, AND C-iANG ES IN RETAINED EARNINGS
<br />Years Ended December 31, 1985 and 1984
<br />1985 1984
<br />Operating Revenue:
<br />Metered water sales $ 138,174 $ 130,895
<br />Other 127
<br />Total Operating Revenue 138,174 131,022
<br />Operating Expenses:
<br />Salaries and wages
<br />37,377
<br />36,024
<br />Retirement contributions
<br />4,199
<br />4,063
<br />Health and life insurance contributions
<br />1,394
<br />1,910
<br />Purchased water
<br />34,609
<br />29,580
<br />Professional services
<br />1,609
<br />1,132
<br />Operating and maintenance supplies
<br />7,659
<br />6,942
<br />Heat, light, and power
<br />17,634
<br />18,685
<br />Depreciation
<br />37,004
<br />36,266
<br />Maintenance and repairs
<br />4,968
<br />3,604
<br />Administrative charges from General Fund
<br />650
<br />608
<br />Communications
<br />662
<br />874
<br />Office supplies
<br />21
<br />80
<br />Printing, publishing, and advertising
<br />50
<br />Data processing
<br />1,568
<br />1,;88
<br />Insurance
<br />3,869
<br />4,809
<br />Other expenses
<br />_ 385
<br />303
<br />Total Operating Expenses
<br />i53,658
<br />146,268
<br />Operating Loss
<br />(15,484)
<br />(15,246)
<br />Nonoperating Revenue (Expense):
<br />Interest earned on investments 751 (413)
<br />Interest expense c nterfund roans (1,954) (2,313)
<br />Total Nonoperating Revenue (Expense; (1,203) (2,726)
<br />Net Loss Before Charge to Contributed Equity (16,687) (17,972)
<br />Credit for depreciation on contributed equity 34,010 32,038
<br />NET INCOME TO RETAINED EARNINGS $ 17,323 $ 14,066
<br />Retained earnings - beginning of year 30,856 16,790
<br />Retained Earnings - End of Year $ 48,179 $ 30,856
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