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2001 CAFR
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2001 CAFR
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Exhibit F-9 <br />CITY OF RAMSEY <br />Street Light Fund <br />Comparative Statement of Revenue, Expenses, and Changes in Retained Earnings <br />Years Ended December 31, 2001 and 2000 <br />2001 2000 <br />Operating revenue <br />Charges for services $ 80,455 $ 79,661 <br />Operating expenses <br />Other 41,298 36,411 <br />Depreciation 12,724 11,172 <br />Total operating expenses 54,022 47,583 <br />Operating income 26,433 32,078 <br />Nonoperating revenue <br />Investment earnings 10,786 13,688 <br />Income before operating transfers 37,219 45,766 <br />Operating transfers (out) (5,000) (3,000) <br />Net income 32,219 42,766 <br />Retained earnings <br />Beginning of year 218,493 175,727 <br />End of year $ 250,712 $ 218,493 <br />-72- <br />
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