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5 <br />PUBLIC UTILITY FUNDS (CONTINUED) <br />- <br />1973 <br />1972 <br />1971 <br />Sewer Operating Fund <br />Operating revenue <br />$107,065 <br />$104,992 <br />$ 98,325 <br />Operating expense <br />i <br />111,974 <br />107,210 <br />108,880 <br />Operating income (loss) <br />$( 4,909) <br />$( 2,218) <br />$(10,555) <br />Other income and (expense) <br />1,987 <br />( 2,385) <br />489 <br />Net income (loss) <br />2,922) <br />$( 4.603)10 <br />06 ) <br />! Operating expenses for 1973 include disposal <br />charges of $70,566 as compared <br />with $63,831 <br />and $66,538 in 1972 and 1971 respectively. <br />WATER CONSTRUCTION FUND <br />Proceeds from the issuance of Water Revenue Bonds <br />of 1961 and <br />1963 were <br />received in <br />this fund and used to finance the cost of various <br />water improvements. A <br />balance of <br />$46,319 at December 31, 1973 is available for <br />future construction. <br />L <br />L <br />