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I
<br />CITY OF ST. ANTHONY, MINNESOTA
<br />UTILITY OPERATING FUNDS
<br />STATEMENTS OF
<br />INCOME AND
<br />EXTENSE
<br />YEARS ENDED DECEMBER 31, 1974 AND 1973
<br />f
<br />_
<br />1974
<br />1973
<br />Water
<br />Sewer
<br />Combined
<br />Combined
<br />r Operating Revenue
<br />Water sales
<br />$151,927
<br />$151,927
<br />$141,400
<br />Sewer charges
<br />$108,461
<br />108,461
<br />106,425
<br />Connection charges
<br />1,365
<br />1,365
<br />5,480
<br />Other
<br />4,056
<br />240
<br />4,296
<br />4,917
<br />Total
<br />$157,348
<br />J1 08,701
<br />$266,049
<br />$258,222
<br />Operating Expe:es (less depreciation)
<br />Disposal charges
<br />$ 80,083
<br />$ 80,083
<br />$ 70,566
<br />Personal services
<br />$ 32,123
<br />15,076
<br />47,199
<br />46,800
<br />Contractual services
<br />24,428
<br />2,722
<br />27,150
<br />23,274
<br />Commodities
<br />i
<br />8,000
<br />1,596
<br />9,596
<br />8,053
<br />Other charges
<br />3,883
<br />2,632
<br />6,515
<br />6,421
<br />Total
<br />$ 68,434
<br />$102,109
<br />$170,543
<br />$155,114
<br />Other income and expense
<br />Interest income
<br />$ 18,622
<br />$ 4,223
<br />$ 22,845
<br />$ 16,675
<br />Miscellaneous income
<br />230
<br />1,421
<br />1,651
<br />321
<br />Interest expense
<br />( 7,137)
<br />( 7,137)
<br />(11,592)
<br />Metropolitan Waste Control Commission
<br />adjustment of prior years charges
<br />12,900
<br />12,900
<br />( 3,128)
<br />Metropolitan Waste Control Commission
<br />" Credits
<br />_ _
<br />8,778
<br />8,778
<br />11,715
<br />$ 27,322
<br />39,037
<br />$ 2,276
<br />Income before depreciation
<br />$100,629
<br />$ 33,914
<br />$134,543
<br />$105,384
<br />Less depreciation
<br />On assets acquired with o -a funds
<br />(36,513)
<br />( 3,086)
<br />(39,599)
<br />(38,328)
<br />On assets acquired from contribu-
<br />tions in aid to construction
<br />126.,0
<br />(18,773)
<br />(44,82_8)
<br />(44,828)
<br />Net income
<br />SS X8.061
<br />12,055
<br />L10,116
<br />$ 22.228
<br />Disposition of income
<br />Net income
<br />$ 38,061
<br />$ 12,055
<br />$ 50,116
<br />$ 22,228
<br />l
<br />l Add credit arising from transfer
<br />of depreciation to contributions
<br />in aid to construction account
<br />26,055
<br />18,773
<br />44,828
<br />44,828
<br />Income transferred to retained earnings
<br />L.
<br />6416
<br />30,828
<br />94 944
<br />LIL 056
<br />See accompanying notes to financial statements.
<br />21
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