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1993 CAFR
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Annual Comprehensive Financial Report
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1993 CAFR
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Operating Revenue: <br />Water sales and sewer rents <br />Collection of sewer access charges <br />Total Operating Revenue <br />CITY OF RAMSEY, MINNESOTA Exhibit F -5 <br />SEWER AND WATER FUND <br />COMPARATIVE STATEMENT OF REVENUE, EXPENSES, AND CHANGES IN RETAINED EARNINGS <br />Years Ended December 31, 1993 and 1992 <br />Operating Expenses: <br />Personal services 21,839 21,330 <br />Supplies 9,752 7,095 <br />Services and charges - <br />Disposal charges 36,012 40,397 <br />Other 29,513 16,641 <br />Depreciation 162,569 123,288 <br />Total Operating Expenses 259,685 208,751 <br />Operating Loss (72,598) (93,792) <br />Nonoperating Revenue: <br />Interest earned on investments 28,080 20,915 <br />Total Nonoperating Revenue 28,080 20,915 <br />NET LOSS $ (44,518) $ (72,877) <br />Retained earnings (deficit) - beginning of year (168,836) (95,959) <br />Retained Earnings (Deficit) - End of Year $ (213,354) $ (168,836) <br />-74- <br />1993 1992 <br />$ 184,973 <br />2,114 <br />187,087 <br />$ 114,140 <br />819 <br />114, 959 <br />
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