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CITY OF ORONO
<br />SEWER OPERATING FUND
<br />COMPARATIVE STATEMENT OF REVENUE, EXPENSES, AN 'HANGES IN RETAINED EARNINGS
<br />Years Ended December 31, 1985 and 1984
<br />Inac IQQA
<br />Operating Revenue:
<br />$ 315,044 $ 308,734
<br />User charges 1,16516
<br />Shared costs by other governments
<br />263
<br />Interest on accounts certified to County 1,
<br />Other 1,875 3,558
<br />• Total Operating Revere^ 318,182 313,808
<br />Operating Expenses:
<br />65,774
<br />61,199
<br />Salaries and wages
<br />7,
<br />7,109
<br />Retirement contributions
<br />051
<br />,
<br />Health and life insurance contributions
<br />17 2,36
<br />,
<br />5,934
<br />1770
<br />Sewer disposal charges
<br />2,070
<br />6,915
<br />Professional services
<br />5,210
<br />8,678
<br />Operating and maintenance supplies
<br />11,444
<br />11,603
<br />Heat, light, and power
<br />116,977
<br />114,161
<br />Depreciation
<br />787
<br />570
<br />Rent, buildings, and equipment
<br />11,175
<br />20,737
<br />' Maintenance and repairs
<br />800
<br />732
<br />Administrative charges from G-neral Fund
<br />1,337
<br />1,558
<br />Communications
<br />33
<br />71
<br />Office supplies
<br />68
<br />154
<br />Printing, publishing, and advertising
<br />2,751
<br />2,274
<br />Data processing
<br />3,184
<br />3,519
<br />_ Insurance
<br />387
<br />1,748
<br />Other expenses
<br />404,722
<br />419,298
<br />Total Operating Expenses
<br />(86,540)
<br />(105,490)
<br />Operating Loss
<br />Nonoperating Revenue:
<br />19,196
<br />19,525
<br />Interest earned on investments
<br />19,952
<br />20,556
<br />Interest income from MWCC
<br />1,954
<br />2,313
<br />Interest income from interfund loans
<br />9,530
<br />9,530
<br />Amortization of deferrei gain
<br />50,632
<br />51,924
<br />Total Nonoperating Revenue
<br />(35 908)
<br />(53,566)
<br />Net Loss Before Charge to Contributed Equity
<br />�
<br />Credit for depreciation on contributed equity
<br />116,003
<br />113,433
<br />-
<br />4
<br />$ 8U,095
<br />$ 59,867
<br />NET INCOME TO RETAINED EARNINGS
<br />I
<br />587,706
<br />527,839
<br />Retained earnings - beginning of year
<br />--
<br />$_667,801
<br />$ 567,706
<br />Retained Earnings - End of Year
<br />- 53 -
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