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Years Ended 1991 & 1990 Financial Statements
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Years Ended 1991 & 1990 Financial Statements
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LOWER RUM RIVER WATER MANAGEMENT ORGANIZATION <br />NOTES TO FINANCIAL STATEMENTS <br />Note 3. Revenue Assessments <br />Member cities are assessed on an annual basis for estimated <br />organization costs by motion of the Organization's Governing <br />Board. Administrative and plaaning costs are apportioned by a <br />formula taking into account both valuation and gross area equally. <br />Projects and improvement costs are charged to the benefiting <br />properties by a formula adopted by the Organization's Governing <br />Board. Member city contributions for administrative and planning <br />costs were as follows~ <br />Year ended Januarv 31, <br />1991 1990 <br />~ <br />Andover $ 1,924 <br />Aaoka 1,859 <br />Ramsey 2,691 <br />Coon Rapids 26 <br />$ 6,500 <br />S 1,788 <br />2,087 <br />2,593 <br />32 <br />$ 6,500 <br />-6- <br />
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