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IMIIIN <br />Honorable Mayor and Members of the City Council <br />City of Link Lakes <br />Page 22 <br />ENTERPRISE FUNDS <br />The City currently maintains two enterprise Operating Funds, the Water and Sewer Funds. The <br />combining financial statements are presented in statements 15 through 17 of the 1998 Annual Financial <br />Report. <br />During 1998, the City closed its Gas Utility fund when it's plans for operating a gas utility were <br />— abandoned. <br />The tables on the following pages present comparable data for the Water and Sewer Fund. <br />IMMO <br />r <br />