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Agenda - Council - 10/12/1993
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Agenda - Council - 10/12/1993
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4/4/2025 3:54:53 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/12/1993
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CITY OF RA~.S£Y, MINNESOTA <br /> <br /> SEWER AND WATER FUND <br />COMPARATIVE STATEMENT OF REVENUE, EXPENSES, AND C~[ANGES IN RETAINED EARNINGS <br /> Years Ended Dece~oer 31, 1991 and 1990 <br /> <br />!99! 199~ <br /> <br />Operating Revenue: <br /> Water sales and sewer rents <br /> Collection of sewer access charges <br /> Total O~ratlng Revenue <br /> <br />$ 89,664 $ 72,253 <br />89,858 72,559 <br /> <br />Operating Expenses: <br /> Personal services <br /> Supplies <br /> SerVlces and charges <br /> Disposal charges <br /> Other <br /> Depreciation <br /> Total Op~rating Expenses <br /> <br />23,208 <br /> 5,561 <br /> <br />43,626 <br />15,615 <br /> <br />23,093 <br /> 4,194 <br /> <br />38,189 <br />14,360 <br /> <br /> Operating Loss <br /> <br />Nonoperatlng Revenue (Expense) <br /> Interest earned on investments <br /> Loss on sale of asset <br /> Total Nonoperatlng Revenue. (Ex~nse) <br /> <br />(95,018) (103, 612} <br /> <br />18,692 22,492 <br />18,379 22,492 <br /> <br />NET LOSS <br /> <br />$ (76,639) $ (81,120) <br /> <br />Retained earnings - beginning of year <br /> <br />800 <br /> <br />Re=ained Earnings - End of Year <br /> <br />(95,959) ,.~ <br /> <br /> <br />
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