Laserfiche WebLink
The following is a summary of the operations of the fund for 1999 and 1998, respectively: <br />' 1999 1998 <br /> Operating revenues $ 503,217 $ 412,296 <br /> Operating expenses 492.536. 419.238 <br /> Operating income (loss) $ 10,681 $ (6,942) <br /> <br /> Fund E uit consisted of the followin on December 31, 1999, compared to the prior year. <br />q Y g <br />' 1999 1998 <br /> Contributed capital $ 8,140,270 $ 8,007,939 <br /> Contributed capital reserved <br /> for future construction 535,041 441,325 <br /> Retained earnings (deficit) X50.2101 ~,~6,698~ <br />' 625 <br />101 <br />8 $ 8 <br />352 <br />566 <br /> Total fund equity , <br />$ <br />, , <br />, <br />Street Light Fund <br />The Street Light Fund is used to account for all street lighting revenues and expenses for the City-owned <br />street lights within subdivisions. <br />The following is a summary of the operations of the fund for 1999 and 1998, respectively: <br />1999 1998 <br />Operating revenues $ 79,058 $ 77,672 <br />Operating expenses 44.563 40.337 <br />Operating income $ 34,495 $ 37,335 <br />Fund equity consisted of the following on December 31, 1999, compared to the prior year: <br />1999 1998 <br />Contributed capital $ 124,883 $ 122,183 <br />Retained earnings 175,727 138,632 <br />Total fund equity $ 300,610 $ .260,815 <br />Recycling Utility Fund <br />The Recycling Utility Fund is used to account for all recycling revenues and expenses for the City. <br />Currently, those properties benefitting (residential) are billed quarterly for service. <br />-xvi- <br />