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Agenda - Council - 06/23/1998
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Agenda - Council - 06/23/1998
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/23/1998
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Street Light Fund <br /> <br />Although the Street Light Fund is a relatively small operation of the City, it has been proven to be self- <br />sufficient. The 1997 activity included the installation costs of 34 additional street lights within thc City. <br /> <br />Year <br /> <br />Net Cash Inflow Total <br />Income (Outflow) Increase <br />(Loss) From Operations in Cash Flow <br /> <br />1992 $ (1,418) $ (451) $ 9,376 <br />1993 1,369 22,559 24,414 <br />1994 11,913 7,546 3,902 <br />1995 16,535 16,762 3,604 <br />1996 23,398 21,516 24,032 <br />1997 19,768 23,919 17,378 <br /> <br />Recycling Fund <br /> <br />The City began accounting for all recycling revenues and expenses in an Enterprise Fund and also changed <br />the funding policy for recycling activities by billing the benefitting residential properties for the service in <br />1995. The fund generated net income of $25,829 on total operating revenues of $102,008 in 1997. <br /> <br /> Cash Inflow Total <br /> Net (Outflow) Increase (Decrease) <br />Year Income From Operations in Cash Flow <br /> <br />1995 $ 19,590 $ 782 $ 782 <br />1996 11,523 (782) (782) <br />1997 25,829 1,425 786 <br /> <br />-12- <br /> <br /> <br />
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