| |
|
|
|
| |
2003
|
|
2002
|
|
|
|
Operating Revenues
|
|
|
|
|
Water Sales
|
$ 8,732,674
|
|
$ 7,746,915
|
|
Wastewater Income
|
9,284,436
|
|
7,622,376
|
|
Other Fees
|
2,492,652
|
|
2,775,025
|
|
|
|
Total Operating Revenues
|
20,509,762
|
|
18,144,316
|
| |
|
|
|
|
Operating Expenses
|
|
|
|
|
Plant:
|
|
|
|
|
Distribution & Collection System
Costs
|
2,331,665
|
|
2,149,449 |
|
Plant Operating Costs
|
3,496,261
|
|
2,936,282 |
|
Engineering
|
1,341,050
|
|
1,412,066 |
|
Depreciation
|
7,324,469
|
|
6,755,601 |
|
|
|
Total Plant
|
14,493,445
|
|
13,253,398
|
| |
|
|
|
|
General and Administrative:
|
|
|
|
|
Management and Office Costs
|
1,143,860
|
|
1,093,077 |
|
Administrative and Personnel
|
2,305,223
|
|
1,900,508 |
|
|
|
Total General and Administrative
|
3,449,083
|
|
2,993,585
|
|
|
|
Total Operating Expenses
|
(17,942,528)
|
|
(16,246,983)
|
|
|
|
Operating Margins
|
2,567,234
|
|
1,897,333
|
|
|
| |
|
|
|
|
Other Income
|
|
|
|
|
Interest Income
|
405,378
|
|
429,169 |
|
Aid to New Construction Fees
|
7,654,528
|
|
6,042,760 |
|
Other Nonoperating Income
|
38,884
|
|
93,909 |
|
|
|
Total Other Income
|
8,098,790
|
|
6,565,838
|
|
|
| |
|
|
|
|
Debt Expense
|
|
|
|
|
Interest
|
4,849,780
|
|
3,535,832 |
|
Amortization, Bond Costs and Other
|
141,790
|
|
106,018 |
|
|
|
(Total Debt Expense)
|
(4,991,570)
|
|
(3,641,850)
|
|
|
| |
|
|
|
|
Net Margins
|
$ 5,674,454
|
|
$ 4,821,321
|
|
|
|
|
|
|
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|
|
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| <-Back
to annual report |
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