06-24-2008 - Laserfiche WebLink

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Change in net assets Revenues increased by about 2.4%. Costs incurred to treat our sanitary sewage were $1,127,242 in 2006 compared to $1,130,203 in 2005. These costs represent over 53% of the Sewer Fund's total expenses. STORMWATER MANAGEMENT FUND The 2006 rates for customer charges for stormwater were increased in order to reduce the cash deficit. The cash deficit in the fund has been reduced from ($171,714) to ($48,181) in 2006. STREET LIGHT SYSTEM FUND 2006 2005 Actual Actual Operating revenue Operating revenue $786,637 $672,553 Operating expenses 392,411 439,623 Income from operations 394,226 232,930 (1,678) Non-operating revenues, (expenses) 113,414 149,516 and transfers Change in net assets 015.020) Change in net assets $507.640 $382.446 The 2006 rates for customer charges for stormwater were increased in order to reduce the cash deficit. The cash deficit in the fund has been reduced from ($171,714) to ($48,181) in 2006. STREET LIGHT SYSTEM FUND Street light rates have been increased in 2007 to address the deficit. GOLF COURSE FUND 2006 2005 Actual Actual Operating revenue $129,903 $100,233 Operating expenses 143,245 109.082 Income/(loss) from operations (13,342) (8,849) Non-operating revenues, (expenses) (1,678) (4,207) and transfers Change in net assets 015.020) 013.0561 Street light rates have been increased in 2007 to address the deficit. GOLF COURSE FUND 2006 2005 Actual Actual Operating revenue $282,033 $244,982 Operating expenses 301,874 275,579 Income/(loss) from operations (19,841) (30,597) Non-operating revenues, (expenses) (27,216) (30,054) and transfers Change in net assets