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RATING MOR swn roR coyrwNTAL sl1BD11751oN5 <br />Name and State of Municipality or County City of.Mounds View <br />Population 12,593 Year of Census 1980 Class Code 91252 %CO <br />A. Determination of Rateable Exposures for Classes Not Separately Rated <br />The basic exposure basis for these classes Is per S),000 of "Total Operating <br />Expenditures". As defined, "Total Operating Expenditures" means the total <br />operating costs (expenditures without regard to source of revenue) of the <br />Insured during the policy period, subject to the four types of deductions <br />set forth below In 2(a) through 2(d). Rateable exposure is determined as <br />follows: <br />0) Total Operating Costs . . . . . .. . .... ... . .. .... S 3,078,964 <br />(2) Deductions: <br />(a) Capital Improvements (bondable items <br />Incl, interest thereon, new construc- <br />tion, major Improvements and purchase <br />of major items) . . . . . . .. . . . ... S 276,092 <br />' (b) Expenditures for independent contractor — <br />operations . S 978,890 <br />(c) Welfare benefits (not administrative , <br />costs) .. .. .. . <br />$------- <br />(d) Expenditures on exposures which are <br />separately rates ---See Item 3 below. .. . $------- <br />(e) Total Deductions, (a) + (b) (c) i (d) . ... . ...... $ 1,263,982 <br />(3) Operating Expenditures, (l) - (2) (e) . . .. ... . .. .... 5 1,814,982 <br />(enter on rating worksheet in item C) <br />(4) Separately rated exposures: <br />(a) Mounds View Recreational Program Receipts: Edgewood Jr. High $20,678, <br />all other programs $61,161 <br />(b) Water & Sewer Receipts: Water $273,974/ Sewer $566,557 <br />(c) See next page <br />0 <br />