| |
|
|
|
| |
2002
|
|
2001
|
|
|
|
Operating Revenues
|
|
|
|
|
Water Sales
|
8,267,221
|
|
7,350,575
|
|
Wastewater Sales
|
7,619,972
|
|
6,556,707
|
|
Other Fees
|
2,257,123
|
|
1,920,521
|
| |
|
|
Total Operating Revenues
|
18,144,316
|
|
15,827,803
|
| |
|
|
|
|
Operating Expenses
|
|
|
|
|
Plant:
|
|
|
|
|
Distribution & Collection System
Costs
|
2,149,449
|
|
1,778,440
|
|
Plant Operating Costs
|
2,936,282
|
|
2,708,957
|
|
Engineering
|
1,412,066
|
|
944,616
|
|
Depreciation
|
6,755,601
|
|
5,688,131
|
| |
|
|
Total Plant
|
13,253,398
|
|
11,120,144
|
| |
|
|
|
|
General and Administrative:
|
|
|
|
|
Management and Office Costs
|
1,093,077
|
|
957,719
|
|
Administrative and Personnel
|
1,900,508
|
|
1,638,917
|
| |
|
|
Total General and Administrative
|
2,993,585
|
|
2,596,636
|
| |
|
|
Total Operating Expenses
|
(16,246,983)
|
|
(13,716,780)
|
| |
|
|
Operating Margins
|
1,897,333
|
|
2,111,023
|
| |
|
| |
|
|
|
|
Other Income
|
|
|
|
|
Interest Income
|
429,169
|
|
1,294,109
|
|
Aid to New Construction Fees
|
6,042,760
|
|
8,267,400
|
|
Other Nonoperating Income
|
93,909
|
|
(16,574)
|
| |
|
|
Total Other Income
|
6,565,838
|
|
9,544,935
|
| |
|
| |
|
|
|
|
Debt Expense
|
|
|
|
|
Interest
|
3,535,832
|
|
3,627,031
|
|
Amortization, Bond Costs and Other
|
106,018
|
|
140,910
|
| |
|
|
(Total Debt Expense)
|
(3,641,850)
|
|
(3,767,941)
|
| |
|
| |
|
|
|
|
Net Margins Before Extraordinary
Item
|
4,821,321
|
|
7,888,017
|
| |
|
| |
|
|
|
|
Extraordinary Item
|
|
|
|
|
Gain (Loss) on Refunding
of Long-Term Debt
|
- |
|
(1,909,560)
|
| |
|
| |
|
|
|
|
Net Margins
|
4,821,321
|
|
5,978,457
|
| |
|
| |
|
|
|
| <-Back
to annual report |
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