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<br />. _ .~n_. ~_.~ ~_ __. .. ___"'_"_ ___ ... _____.,__. _. ... - ~_..._-_._.--'--
<br />TABLE 2-1 FIVE YEAR COMPARATIVE STATEMENT OF
<br />INCOMEFOIR COMBINED WATER AND. SEWER FUNDS
<br />
<br />1
<br />OPERATING REVENUES :
<br />Water charges
<br />Sewer charges
<br />Availability charges
<br />Customer hook-ups
<br />Penalty and interest
<br />delinquent accounts
<br />Total
<br />
<br />on
<br />
<br />OPERATING EXPENSES:
<br />Water
<br />Sewer
<br />Administrative and general
<br />Total
<br />Operating "income
<br />
<br />NON-OPERATING REVENUES:
<br />General property taxes
<br />Specific ownership taxes
<br />Penalty and interest on taxes
<br />Other interest income
<br />Miscellaneous income
<br />Sale of assets
<br />Total
<br />
<br />NON-OPERATING EXPENSES:
<br />Amortization of bond discount
<br />Fiscal agent collection fee
<br />County treasurer's fee
<br />Interest expense
<br />Tax credits
<br />Bad debts
<br />Total
<br />Non-operating income
<br />Net income before
<br />extraordinary item
<br />
<br />EXTRAORDINARY ITEM
<br />Early extinguishment of debt
<br />
<br />1987
<br />
<br />S 211,630 S
<br />213,640
<br />670,390
<br />24,062
<br />
<br />60,560
<br />1,180,282
<br />
<br />361,650
<br />334,002
<br />285,733
<br />981,385
<br />198,897
<br />
<br />692,810
<br />35,971
<br />
<br />13,750
<br />19,679
<br />
<br />762,210
<br />
<br />28,287
<br />3,228
<br />4,137
<br />547,406
<br />
<br />583,058
<br />179,152
<br />
<br />378,049
<br />
<br />1988
<br />
<br />209,684 $
<br />216,,555
<br />667,313
<br />20,355
<br />
<br />63,022
<br />1,176,929
<br />
<br />378,862
<br />403,739
<br />270,767
<br />1,053,368
<br />123,561
<br />
<br />752,980
<br />41,615
<br />
<br />14,168
<br />7,640
<br />
<br />816,403
<br />
<br />26,780
<br />3,174
<br />4,328
<br />586,365
<br />
<br />620,647
<br />195,756
<br />
<br />319,317
<br />
<br />1989
<br />
<br />220,467 S
<br />239,279
<br />665,724
<br />7,992
<br />
<br />45,210
<br />1,178,672
<br />
<br />375,528
<br />415,011
<br />243,534
<br />1,034,073
<br />144,599
<br />
<br />856,136
<br />39,909
<br />9,307
<br />16,316
<br />8,391
<br />(5,678)
<br />924,381
<br />
<br />25,021
<br />3, 077
<br />6,023
<br />482,423
<br />87,399
<br />
<br />603,943
<br />320,438
<br />
<br />465,037
<br />
<br />(177,396)
<br />
<br />1990
<br />
<br />228,239 $
<br />236,414
<br />650,322
<br />17,814
<br />
<br />46,977
<br />1,179,766
<br />
<br />361,982
<br />417,757
<br />267,178
<br />1,046,917
<br />132,849
<br />
<br />699,988
<br />40,587
<br />7,070
<br />43,403
<br />5,285
<br />
<br />796,333
<br />
<br />19,819
<br />5,491
<br />6,760
<br />455,841
<br />
<br />46,022
<br />533,933
<br />262,400
<br />
<br />395,249
<br />
<br />1991
<br />
<br />258,591
<br />262,908
<br />678,252
<br />14,110
<br />
<br />47,165
<br />1,261,026
<br />
<br />451,332
<br />469,190
<br />304,559
<br />1,225,081
<br />35,945.
<br />
<br />699,737
<br />40,537
<br />5,727
<br />25,996
<br />2,475
<br />
<br />774,472
<br />
<br />19,959
<br />2,602
<br />4,017
<br />404,005
<br />
<br />13,11.9
<br />443,762
<br />330,710
<br />
<br />366,655
<br />
<br />Net income to retained
<br />earnings 378,049 319,317 287,641 395,249 366,655
<br />
<br />Retained Earnings - Jan. 1 2,395,656 2,773,705 3,093,022 3,380,663 3,775,912
<br />
<br />Retained'Earnings - Dec. 31 $2,773,705 $3,093,022 $3,380,663 $3,775,912 $4,142,567
<br />
<br />1In accordance with GAAP, the District's tap and availability to tap fees are
<br />treated as contributed capital rather than as a revenue source. Between January 1,
<br />1987, and December 31, 1991, the District received $1,733,771 in tap and
<br />availability to tap fees.
<br />
<br />Source: District Annual Financial Reports, 1987-1991
<br />
<br />2-10
<br />
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