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40 <br />CITY OF ST. ANTHONY, MINNESOTA <br />UTILITY OPERATING FUNDS <br />Balance January 1 <br />Income for year <br />Transfer to General Fund <br />Depreciation transferred to <br />contributions in aid to <br />construction <br />Balance December 31 <br />1'i5Fi8: <br />Balance January 1 <br />Income for year <br />Transfer from General Reserve <br />Fund <br />Transfer to General Fund <br />Depreciation transferred to <br />contributions in aid to <br />construction <br />Balance December 31 <br />1978 1977 <br />Retained Retained <br />Earnings Contributions Earnings Contributions <br />$ 525,678 $ 795,176 $ 493,176 $ 820,178 <br />37,057 <br />( 10,000) <br />( 25,002) <br />S 552 735 $ 770.174 <br />SEWER FUND <br />40,002 <br />( 7,500) <br />( 25,002) <br />S 525,67$ 9 y]. <br />1978 1977 <br />Retained Retained <br />Earnings Contributions Earnings Contributions <br />$ 147,281 $ 563,683 $ 136,208 $ 582,457 <br />21,200 18,573. <br />7,980 <br />( 10,000) ( 7,500) <br />( 18,773) ( 18,774) <br />S 166.461 S 544.910 S 147.281 S 563.683 <br />See accompanying notes to financial statements. <br />